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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.

10 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

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