Elon Musk says Tesla plans to invest more than $10 billion in its Gigafactory in Texas, and will employ 20,000 workers

• Elon Musk tweeted that Tesla is putting over $10 billion into its new Gigafactory in Texas.
• The billionaire also said the factory will create 20,000 direct jobs and 100,000 indirect jobs.

Elon Musk said Thursday that Tesla plans to pour more than $10 billion into its new Gigafactory in Texas and will employ tens of thousands of staff.

"Giga Texas is a $10B+ investment over time, generating at least 20k direct & 100k indirect jobs," Musk posted on Twitter.

His tweet was in response to a Twitter thread by a civil rights lawyer who said that Austin politicians gave the billionaire over $60 million in subsidies to move the factory to Texas, which was reported by The Verge in July 2020.

It comes after construction filings with Texas authorities in November showed that Tesla would spend more than $1 billion on the project, according to Reuters and Electrek.

Tesla said in the November filings, reported by Reuters, that the Texas factory would create around 10,000 jobs — half the amount that Musk tweeted on Thursday. Most of the jobs would be low-skilled, per Reuters.

Musk's firm is expected to receive almost $65 million in local tax rebates for the Gigafactory, per the filings, cited by Reuters.

Tesla is planning for its Cybertruck, Semi truck, and Model 3 and Y to be produced at the 5 million-square-foot Gigafactory.

The electric vehicle company officially moved its headquarters from California to Texas in early December, according to a filing with the US Securities Exchange Corporation. It's set to open this year, Insider's Dominick Reuter reported.