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Austin, Texas. Photo: George Rose/Getty Images

There are growing signs that Tesla will choose the Austin region in Texas to build a factory that would make the "Cybertruck" pickup and Model Ys for East Coast delivery.

Driving the news: Per the Austin American-Statesman, Tesla has a proposed deal with a local school district that would provide up to $68 million in tax incentives over a decade for building a 4 million- to 5 million-square-foot plant that would employ thousands.

  • Tesla is eyeing a 2,100-acre site that's currently home to a sand and gravel mining operation, per the Statesman and other reports.

But, but, but: Musk cautioned via Twitter last night that they "are considering several options," a comment that came in response to someone who asked whether Tulsa, Oklahoma, was still in the mix.

Quick take: If the Austin region indeed gets the plant, it will be the second big recent sign that tech players see options well beyond the coasts.

  • Earlier this week, the big Boston-area cleantech startup incubator Greentown Labs announced that it's opening a second location in Houston.

How it works: "The proposed deal with the Texas school district makes use of a state tax program that allows districts to grant breaks to economic-development projects. The state then repays the district," Bloomberg reports.

Go deeper: Tesla ushers in the electric pickup moment

Go deeper

Austin to cut $150 million from police budget

Photo: Sergio Flores/Getty Images

The Austin City Council unanimously moved to cut its police department budget by $150 million on Thursday, The Texas Tribune reports.

Why it matters: Austin is the first of Texas's four largest cities to slash its police funding, per the Tribune. The cut is also one of the biggest percentage decreases in the U.S. this year.

In photos: Protesters rally for George Floyd ahead of Derek Chauvin's trial

Chaz Neal, a Redwing community activist, outside the Minnesota Governor's residence during a protest in support of George Floyd in St.Paul, Minnesota, on March 6. Photo: Kerem Yucel/AFP via Getty Images

Dozens of protesters were rallying outside the Minnesota governor's mansion in St Paul Saturday, urging justice for George Floyd ahead of former Minneapolis police officer Derek Chauvin's trial over the 46-year-old's death.

The big picture: Chauvin faces charges for second-degree murder and manslaughter over Floyd's death last May, which ignited massive nationwide and global protests against racism and for police reform. His trial is due to start this Monday, with jury selection procedures.

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