Musk says Tesla’s Texas factory is $10-billion investment over time

In a tweet on Thursday, Musk said “Giga Texas is a $10B+ investment over time, generating at least 20k direct & 100k indirect jobs.”

Tesla did not immediately respond to a request seeking more details on the tweet. It has previously said the factory would create some 10,000 jobs. The company is expected to receive nearly $65-million in local tax rebates for the plant, which is located close to the airport on the eastern outskirts of Austin.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

Okay...so one billion. Rounded up to ten billion for good luck. Tesla makes about one billion per quarter. And somehow his shares are worth $161 billion...not based on assets or profits, so it has to be God's will.

He lies.

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