Tesla CEO Elon Musk. Photo credit: NASA/Bill Ingalls, under Creative Commons license

Electric car maker Tesla has secured about $65 million in tax breaks from the state of Texas that’s contingent on the company building a $1.1 billion production factory in the area, a factory that’s intended for the production of Tesla’s Cybertruck electric truck. Texas’s Travis Country recently voted in favor of providing Tesla with a tax break worth at least $14.7 million, building upon a $50 million tax incentive also recently approved for Tesla by the Del Valle school district. Together, they both amount to roughly $65 million.

Tesla has said it intends to build a large production factory in the southwestern United States as early as the third quarter of this year and states including Texas and Oklahoma have campaigned to have Tesla build a factory there. Tesla says its intended factory would create 5,000 jobs with an average pay of $47,000. Tesla asked Travis County for an 80% rebate on its property taxes for ten years, a rebate that adds up to $14.7 million. The company is also seeking a 65% rebate for an extra ten years after the initial ten-year 80% rebate.