Tesla leases 683,000 sq ft Austin building in Musk’s Texas sweep

Tesla has leased a 682,000-square-foot speculative industrial building in the Austin Hills Commerce Center, expanding Elon Musk’s already sprawling Central Texas real estate footprint.

The company is set to occupy the second phase of the development at 11801 Decker Lake Road, which is scheduled for completion in January 2027. What Tesla plans to do with the space is still unknown.