Elon Musk: He plans to build a city in Texas exclusively for the employees of his companies

The managing director of Tesla, Twitter, SpaceX and the Boring Company, Elon Muskis preparing to change the facts once again, as people around him report that he himself he will create his own city. Musk has already bought thousands of acres of land in Texas, with the intention of the employees of his companies settle there.

Musk has purchased at least 3,500 acres near the Austinthe area where his businesses are located, and he is in the middle of procedures to start the implementation of a city called Snailbrookan obvious reference to mascot of the tunnel construction company Musk’s Boring Company, according to the Journal.

According to the report, Musk wants to the workers at the Boring Co., Tesla and SpaceX — all of which have significant manufacturing facilities near Austin — “to be able to live in new housing at rents below market cost». Snailbrook’s effort also reportedly includes plans to build more than 100 houses, as it will also have characteristics neighborhoodsuch as a swimming pool and an outdoor sports area.

According to reports, workers will be charged about $800 (about €755) a month for one- or two-bedroom homes and will have 30 days to vacate the premises if fired or resigned.

Incorporating a city could also give the Maskwho has been known to run afoul of state and federal regulators, more so reason for the way things work.

As it conveys the CNNMusk announced in 2020 that he would transfer the headquarters of Tesla and his personal residence, from California to Texasstating disappointed from California’s coronavirus-related restrictions. Last year, Tesla opened a new Gigafactory in Austin. SpaceX and Boring Co. Musk’s also have facilities in Texas, and the boring co. is said to have talked with Austin about possibly building tunnels in the cityaccording to a February report from the Austin American Statesman.

Source: News Beast

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