Experts: Tesla to bring more jobs, companies to Austin than expected

Tesla has pledged to create at least 5,000 jobs at its $1.1 billion gigafactory. But that’s a low estimate, panelists at ABJ’s East Austin Growth Summit said. And dozens of companies are expected to set up shop near the plant. “I wouldn’t be shocked if we had 50-plus companies move here to support this facility,” one panelist said.