tesla gigafactory size in miles. Semi has an estimated range of 500 miles, consumes less than 2 KWh per mile and can regain 70 percent of range with a 30-minute charge. tesla gigafactory size in miles

 
Semi has an estimated range of 500 miles, consumes less than 2 KWh per mile and can regain 70 percent of range with a 30-minute chargetesla gigafactory size in miles  The Model 3 was marketed as being more affordable to more people than previous models by Tesla

, February 28, 2023. Picture taken May 9, 2015. How long it takes to drive by Tesla’s Gigafactory Texas it is 0. to be constructed near Monterrey,. There are Tesla Gigafactories in Nevada, New York, Shanghai, Texas, and Berlin, plus one under construction in Mexico. The. It has been said that these cars fitted with the new structural BYD battery pack are being made at the Gigafactory Berlin. 4 million square foot Gigafactory — a cornerstone of our mission to. Tesla, however, remains coy when it comes to its expansion plans for the actual gigafactory plant. By Jeff Perez 05 September. Solar Roof; Powerwall;. Chinese-Made EV Holds Up After 100,000 Miles ;Tesla Gigafactory 3 - May 27, 2021 (source: Jason Yang) More from China. The company finally gets to show the world what they’re capable of now that the art of manufacturing EVs has been perfected. Join Us in Nevada. In future, the second-generation coupe Roadster is going to be designed in order to travel 650 miles per charge. Future Tesla Gigafactory Locations. Gigafactory Shanghai is a significant success story for. REUTERS/James Glover II. Tesla Gigafactory (5-miles from Property) Announced in August 2020 and currently under construction with vehicle production estimated to begin in late 2021, the Tesla Gigafactory is a 5 million square foot, state-of-the-art manufacturing facility on 2,000-acres that will manufacture Tesla’s Semi-Truck and Cybertruck, as well as Model 3 and Model2024 Tesla Model 3 First Drive Review: Minor Updates, Major Improvements. Panasonic produced it for the Model S and Model X in 2013. This is Tesla's second manufacturing facility in United States besides its first at Fremont in California. In 2014, Tesla evaluated a 1,500-acre (600 ha; 2 sq mi; 6 km 2) manufacturing site on U. 10. To put the size of the Gigafactory into. 4-million-square-foot facility where thousands of Tesla employees have produced millions of electric vehicle batteries over the past decade. Model S/X (capacity of up to 90,000 annually), Model S since mid-2012, Model X since. 757 mile long in phase 1 it will grow 500 foot in phase 2 to 0. The factory cost north of $5. In North America, CharIN noted that there are 18,880 CCS connectors compared to 18,405 Tesla Supercharger connectors, and 178,926 J1172 connectors compared to 15,529 Tesla destination chargers. Model Y is a mid-size SUV with 315 miles traveling distance. (2 miles) from the Felipe Angeles International. In 2019, Tesla added new. May 26, 2022 at 11:01am ET. Covering 2,500 acres along the Colorado River with over 10 million square feet of factory floor, Gigafactory Texas is a U. For example, the Tesla Y cars have an extended range of up to 330 miles. Even the smallest factory—Giga New York—sits on an 88-acre piece of land and has 1. The 9,000 Pound Giga-Press. We’ve always known that Tesla would eventually grow their new home base of operations to include more buildings, the size of the land owned by Elon Musk is much larger than the initial factory, covering about 3. 6 Billion of New Investment . As we recently reported in our latest updates about the Tesla Gigafactory, it grew in size a lot over the past few months. Gigafactory Texas was trailing a bit behind and was at 4,000 Model Y vehicles per week in early April. I'm not 100% sure whether it's referring to footprint, floor space (i. Tesla Giga Shanghai (Gigafactory 3) in China - over 950,000/year. According to Tesla’s website: In 2017, Tesla began production of solar cells and modules at Gigafactory 2 – a 1. Our goal was to build a facility capable of producing 35 GWh of battery cells annually—enough to manufacture about 500,000 vehicles per year. +0. Twenty miles east of Reno, Nev. Tesla's first European factory needs more water to expand. The pair said the new vehicle would be similar to the Expedition in terms of size,. It doesn’t matter where you come from, where you went to school or what industry you’re in—we are currently hiring individuals of all levels. 2. 2 billion. The Texas Gigafactory is located on about 2,100 acres of land east of the Austin-Bergstrom International Airport, with about two miles of exposure to Texas’. By Kyle. There are rumors of a Tesla Model Y coming with a range of 400 miles after the automaker filed for new versions of the electric SUV to be produced at Gigafactory Shanghai. Elon. To date, Tesla has created nearly 800 jobs at Gigafactory 2 and continues to ramp. 77% increase from 2021). The 4680 Model Y is elusive. Tesla Cybertruck shows about 267 miles of. Yamada on the Gigafactory size:. Now, CEO Elon Musk is using the name for other global factories. Completed packs will be shipped via train to Tesla's Fremont factory, about 250 miles away. How Big Is a Gigafactory? Each Gigafactory is unique in terms of size and manufacturing output, but you wouldn’t call any of them small. Completed packs will be shipped via train to Tesla's Fremont factory, about 250 miles away. The. Fred Lambert | Jun 6 2023 - 7:08 am PT. Tesla Gigafactory #1: Giga Nevada. Tesla has offered a peek inside its new Giga Berlin facility located about 20 miles (32 kilometers) southeast of the German capital. m. We build features that make being in your vehicle more enjoyable—from gaming to movies, easter eggs and more. The first Gigafactory (Giga Nevada) began production in 2016 and was followed by Giga New. One of the most popular places to live near Austin's Tesla Gigafactory is the 10,000-home master-planned community of Easton Park. Tesla’s Gigafactory in Texas sits on about 2,000 acres of land. Musk said the company remains the largest electric car maker in the world. 19 Comments. The final size of Tesla’s $5 Billion battery factory is growing. 30, 2017. 12. In Phase 1, Giga Texas is supposed to be 0. This manufacturing site has been producing electric cars in China since 2019. By 2018, the factory will reach a size of 13 million square feet. In 2019, Tesla added new production lines that will support electrical components for Supercharger and energy storage products. The fleet of Made-in-Germany (MIG) cars at the Tesla Giga Berlin plant in Grünheide near Berlin, Germany, appears to more than double month-over-month. Yes, the factory is massive, but it represents much more than size. Within 21 months, Tesla completed construction on the enormous facility. Tesla notes that charging with electricity is approximately. 6b Semi, 4680 battery factories in Nevada but questions abound. The total plot of land measures five square miles. On the outskirts of Austin, Texas, near the banks of the Colorado River, Tesla Inc. The application for an annual production rate of 1 million vehicles would see the Germany factory producing almost 1. 7 million, with the construction project running from January 30, 2023, to August 25, 2023. The article noted that Elon Musk was asked on Twitter about plans to build. This industrial site is where Elon Musk's electric car maker Tesla Motors plans to build a $5 billion factory to produce lithium ion batteries for electric cars, helped by more than $1 billion of. Here’s what I learned. Posted on August 14, 2022. Jun 18, 2023 at 9:54am ET. 3 billion battery cells (equivalent to 37 gwh annually), 1. The Texas Gigafactory is located on about 2,100 acres of land east of the Austin-Bergstrom International Airport, with about two miles of exposure to Texas’ Colorado River. 8 million square feet and second largest building in the world by total square footage of over 13 million. Drought stands in its way. Tesla is planning a $770 million expansion of its Texas Gigafactory / The Austin-based factory is scheduled to begin manufacturing the Tesla Cybertruck sometime later this year. S. Tesla. The Mexican government is already building a new pipeline to bring the water directly from a dam 100 km away (60 miles) which should prevent a repeat of last summer when homes in the area went without water for weeks. Tesla. Description. 852 mile 😮😮😮 #Tesla @elonmusk @Tesla $TSLA @WholeMarsBlog. The proposed £1bn gigafactory could be the largest single building in the UK if it is built, and the deal would be the most significant car deal in the UK since the 1980s, a source close to. 8 million sq. Tesla hired about 2,000 workers to build EVs at the facility initially, a major economic benefit for the area. 3 million cars in 2022. Tesla announces that it has reached 5,000 builds per week at Giga Berlin. The. One of the results is that the city gave Tesla a $50 million tax incentive to entice the company to put down its Gigafactory roots there. Fred Lambert Sep 29 2023. 4 million cubic metres of water a year Tesla needs for the plant – akin to the usage of a 30,000-person town – will drain. Getty Images. In 2017, Tesla announced plans for a giant 70 MW rooftop array at Gigafactory Nevada, which would be the largest in the world by a wide margin. How long it takes to drive by Tesla’s Gigafactory Texas it is 0. As of now, Tesla has invested a total of $6. The city of 20,000 expects to see that population grow by half over the next decade, City Manager Daphne Hooper said. Top comment by Ted Carson Liked by 24 peopleWith the long-range RWD system, owners can expect 336 miles of range, an incredible number considering the massive size of the upcoming EV9. 6500 people will work here. 6 billion into its first Gigafactory in Nevada. It will be starting at 51,200 euros - without local and government financial aid - for an approved range of 280 miles (455 km) in the WLTP cycle. Backers say the plant, which would be 5. S. Once the automaker achieves that goal. That’s massive. Mar 02, 2023 at 9:07am ET. The facility’s. (For perspective, a football field covers 57,600 square feet. It is a destination for engineers from all. 000 millones y 13km2 de extensión que ya comenzó a producir, pero que no estará al tope de. Tesla is leading the electric vehicle race because it has more sophisticated battery tech — and it takes more risks. Oct 24, 2022 at 1:02pm ET. Tesla. 19 Comments. Electric car manufacturer Tesla is opening its first European factory on the outskirts of Berlin in an effort to challenge German automakers on their home turf. Electric. With such huge ranges, it’s hard to nail down the what actual dimensions of the factory will be, but I didn’t want to make multiple images. The factory, owned by the State of New York, was built on brownfield land remediated from a former steel mill. Tesla’s statement on its blog site late Tuesday said that since 2014 the company has invested $6. It might seem like 92 acres is too small for a Tesla Gigafactory, but it’s roughly the same size as phase one of the Gigafactory in. Currently, Tesla operates just two. *8. The newly announced $3. The newest campus is 20 miles southeast of central Berlin on the main railway line to Wrocław, Poland. As promised, Tesla has announced a massive $3. You could even say it's simply a new word that is a very good marketing phrase that seems to have taken on a life of its own well beyond Tesla. Tesla Model S (Dual Motor) Long Range Auto 4WD 5dr . Gigafactory. A year has passed since the opening of Tesla's Gigafactory in Grünheide, Germany, on March 22, 2022, and it has left an indelible mark on Brandenburg's economic landscape. In a March 21. On April 7th, Tesla is going to hold an event at Gigafactory Texas in Austin called ‘Cyber Rodeo‘. 6 years and almost 100,000 miles. The $39,990 single motor RWD Cybertruck, which undercuts competitors such as the Rivian R1T, is expected to start production in late. Tesla has applied to expand Gigafactory Shanghai to produce over 1 million vehicles and add pouch battery cell production. 6 billion to expand its existing gigafactory size in Nevada by building two new production facilities. 22 kilometers) long, but it’s projected to grow even further to 0. The final size of Tesla’s $5 Billion battery factory is growing. Size Superlatives of the Texas. for more than one floor), or even the surrounding private roads/warehouses etc. Rivian R1T Owner Drives 24,000 Miles In 15 Months. Posted on March 29, 2023. 87,000 miles. 1,920 per 24 hours. 8 million energy storage tank is scheduled for the site. A new drone video from Jeff Roberts taken yesterday at the construction site shows the main building taking shape: Tesla Gigafactory Austin 4K Day 361 - 7/18/21 - Terafactory Texas - DRONE FLIGHT. Construction for the facility began back in July 2020. It should have 350 miles of range and will likely. This is despite the fact that the factory, in its current form occupies more than 1. 22 kilometers) long, but it's projected to grow even further to 0. Apart from the size of the complex, Nava also mentioned that Tesla would be. Lister says Tesla has tested battery packs that have gone 100,000 miles with minimal capacity loss. So we know from various sources that: The Gigafactory might look like this. Musk proposes a hedonistic vision of sustainability, just like the architect Bjarke Inglels, who states with the. Giga. The company says its new “Gigafactory” will. 2 million square feet. Tesla. Gigafactory Nevada (also known as Giga Nevada or Gigafactory 1) is a lithium-ion battery and electric vehicle component factory in Storey County, Nevada, United States. ) A day ahead of Tesla’s Q4 earnings call in January, the automaker announced it’s investing $3. The rumors are exaggerated. With over-the-air software updates, we regularly introduce features at the push of a. Tesla's report notes that 55% of its Austin area employees are Travis County residents and. Construction for Tesla's. Tesla also filed for a 174,979-square-foot. 57,600 per month. Tesla estimates that Gigafactory 1 will reduce the production cost for their electric vehicle battery packs by roughly 30%. Tesla Gigafactory #2: New York. Tesla will. Tesla's Gigafactory in Germany ready to roll. In a March 21. [+] 21 February 2020, Brandenburg, Gruenheide: On the site of the future Tesla Gigafactory in Gruenheide, the clearing work is progressing rapidly on 21. It produces the Tesla Solar. Tesla has received the green light from the Grünheide municipality for its plan to expand the Gigafactory site near Berlin by 100 hectares. The comparison at the top of this article shows that the Tesla gigafactory is almost the size of Boeing's largest jetliner assembly plant. The company finally gets to show the world what they’re capable of now that the art of manufacturing EVs has been perfected. 6 billion in expansions at Gigafactory Nevada, as detailed by MarketWatch in recent weeks. ft of space, making it bigger than Boeing’s giant facility in Everett, WA. Twenty miles east of Reno, Nev. That's enough room to double the Gigafactory's size. Tesla's Gigafactory promises to transform the sleepy settlement into one of Europe's largest factory towns, with 40,000 workers, an estimated half of them commuting from Berlin, about 20 miles away. The company already uses an LFP in mid-size EVs (Model 3 & Model Y) but with a notably higher energy storage capacity. When the automaker decided to build its Gigafactory Texas just outside the city, it bought a 2,000-acre piece of land for roughly $100. Planned to be built in a 51. As a spokesman for the LfU announced, Tesla has applied for an increase in production capacity from the current 500,000 vehicles per year to one million vehicles per year in the future. 200 miles added range in 20 minutes should be achievable. The company began producing Model 3 cars in Shanghai in 2019 and now is capable of. 5m sq ft to what is expected to be a 10m sq ft plant that will produce lithium-ion. Brandenburg. As a result, Gigafactory Shanghai would become "the world's largest vehicle export hub. 9%. 41%. Elon donated $1,000,000 to team trees, which equates to 1 million trees getting planted. 0 GWh in Q3 2023Tesla Giga Austin (Gigafactory 5) in Austin, Texas: started on July 17, 2020, and announced on July 23, 2020;. By: Steven Loveday. , where packs of wild mustangs roam free through the parched landscape, Tesla Gigafactory 1 sprawls near Interstate 80. Topics. 2018 Tesla Model 3: Total Cost Of Ownership After Five Years And 70,000 Miles. 6 million drive units, and one million energy. 852 miles (1. Choosing the right battery size for your Tesla Model Y is crucial if you drive long distances. in the municipality of Grünheide (Mark) in the Brandenburg state of Germany. Construction of the factory started in 2014 and was completed in 2017. Most of those powertrains fed vehicle production at Tesla. The Model 3 was marketed as being more affordable to more people than previous models by Tesla. 1. The company attached. 8 million square feet, the total planned floor space will be 13. Gigafactory Texas is Tesla’s global headquarters. 000 millones y 13km2 de extensión que ya comenzó a producir, pero que no estará al tope de. theater, 19 restaurants and store, the 1966-built facility includes 2. Elon Musk-led automaker Tesla has achieved its goal of producing 5,000 Model Y vehicles in a week at its Gigactory in Texas. Under police protection, trees are. Covering 2,500 acres along the Colorado River with over 10 million square feet of factory floor, Gigafactory Texas is a U. Tesla will reportedly move all Megapack production to Lathrop, CA, which means the original Gigafactory can pursue its other plans. Tom Zhu, Tesla’s head of automotive and the person in charge of gigafactories, added that his team plans to build the factory at a record pace like Gigafactory Shanghai, which went from breaking. We offer a 401 (k) match, generous paid time off, full medical, dental and vision coverage and more. 2 million square-foot facility in Buffalo, New York. If Tesla’s intent is for the dual-motor Cybertruck to more or less track the F-150, its price will end up rising to roughly $60,000. The Model Y is a mid-size all-electric SUV with a range of up to 335 miles and a 0-to-60 time as low as 3. 2018 Tesla Model 3: Total Cost Of Ownership After Five Years And 70,000 Miles. Gigafactory Shanghai measures 9. Tesla Cybertruck shows about 267 miles of range on prototype. It is approximately the same size as 15 city blocks. And now Musk says the EV maker will be extending Giga Texas to make it an even mile. Inno Flores, Tech Times 09 May 2023, 10:05 pm. With a new look, a nicer interior, and better range, the Model 3 gets a much-needed update. The facility also produces Tesla Powerwall, Powerpack, and Megapack devices. Even the smallest factory—Giga New York—sits on an 88-acre piece of land and has 1. (Or put batteries in for 250 miles, with the extra 50 miles being something users can unlock later). Topics. The. The building doesn’t qualify as Tesla’s largest Gigafactory location. The hidden costs of using an electric bike. 1 mile for Tesla, 1 trillion miles for humankind. Chinese-Made EV Holds Up After 100,000 Miles ; Tesla Gigafactory 3 - May 27, 2021 (source: Jason Yang) More from China. Completed packs will be shipped via train to Tesla's Fremont factory, about 250 miles away. Battery costs below $100 per kWh. The last two years were just a warm up. At the heart of the country’s largest industrial park, in the midst of the high desert just 20 miles east of Reno, sits the Nevada Gigafactory — a 5. manufacturing hub for Model Y and the future home of Cybertruck. It’s one of the world's highest-volume. A few days ago, Tesla announced that the factory had built its 10,000th Model Y. Tesla’s website lists the Semi with either a 300- or 500-mile range, depending on the battery pack, but Musk has previously stated the truck will eventually have up to 621 miles of range. . In March, Gigafactory Berlin achieved that goal with 5,000 Model Y vehicles produced per week. 4:01 PM PST. Case Study - Tesla Gigafactory, Nevada Tesla raises the bar on construction practices in the new, state of the art Gigafactory. 15. By: Mark Kane. 03/22/2022. It goes 15 miles. A lot of the coverage of the new Tesla Gigafactory battery plant focuses on size--how the completed factory can fit 50 billion hamsters inside, or almost a hundred 747s. Reuters reports that these are the performance configuration of the vehicle, which have a range of 320 miles and sell for €63,990. 45 million. 2020. There, they'll be hoisted into the chassis of the Model 3 and, presumably, into future Tesla models. By: Dan Mihalascu. All three were listed with a battery pack size of 100 kWh. 9 million square feet. S. During Tesla’s Investor Day 2023, CEO Elon Musk announced that after considering multiple potential locations in North America, the company has finally. According to Tesla's recent quarterly report, the automaker's installed production capacity across the globe grew by at least 850,000 units from Q1 2022 to Q2 2022. Photo via u/brandude87Tesla just recently started. Elon Musk said the 500 GWh target is for the long term, but he didn't provide a timeline. 2 million square-foot facility in Buffalo, New York. Tesla has announced it will invest $3. The massive size of Gigafactory Texas bodes well for the. 1-billion, 4-million-square-foot Tesla Gigafactory lands the biggest prize for Greater Austin, TX. 852 mile 😮😮😮 #Tesla @elonmusk @Tesla $TSLA @WholeMarsBlog. Tesla's Texas Gigafactory, although the largest building in the world, is still slightly less than a mile long. The Gigafactory could. Employees like Tesla’s Senior VP of Powertrain Drew Baglino drives one, and the company is building 4680-equipped Model Ys at Gigafactory Texas. It is an 18-mile drive from the Gigafactory, 11 miles as the crow flies. Tesla Cybertruck shows about 267 miles of range on prototype. This was hinted at in aerial videos shared by Mexican media at the upcoming. Elon Musk was on site to symbolically hand over the first Model Y‘s made in Texas. Gigafactory. That’s roughly the current. TESLA, the global leading manufacturer of electric vehicles, will be investing over $5 billion USD and creating at least 5,000 new jobs, in what will be the world’s largest Gigafactory. 2 million square feet of workspace. Inno Flores, Tech Times 21 August 2022, 10:08 pm. Here are actual CAD drawings of the Gigafactory that Tesla released after the opening of the first phase earlier this year:. 0:05. Battery Size (capacity) Weight: 60 kWh: 848 lbs / 385 kg: 70 kWh: 1000 lbs / 453kg: 75 kWh: 1168 lbs / 530kg:. 2 million square feet of workspace. The closest building to the. Gigantic Size and Scale. Tesla Chief Executive Elon Musk has previously said the company plans to start limited production of its Model Y mid-size SUV this year, and high-volume production next year. Only 14 percent of the massive structure has been built, with the. According to Tesla, choosing the Model X 22″ Onyx Black Wheels or 22″ Silver Turbine Wheels will result in a massive 10-15% loss of range, or approximately 40 miles (64 km). Tesla's new Gigafactory opened at the end of July, with much excitement from both the media and the general public. The Texas Gigafactory, which is spread over more than 8 square kilometres, is larger in its size compared to Pentagon. After safety, our goal is to make every Tesla the most fun you could possibly have in a vehicle. Fremont Factory is one of the largest manufacturing sites in California—with open roles across teams and at all levels. Following the lead of the Gigafactory of Berlin-Brandenburg, Tesla's Gigafactory in Texas reached the record of producing 1,000 models in a single. jhidalgo@rgj. If anything, the idea represents progress in manufacturing and production that the world hasn’t seen in. The original idea from Elon Musk was to create a factory that was capable of producing Gigawatts of energy storage. 2 million square feet of workspace. Size counted in this year’s competition for our top DOTY award: The $1. Tesla Giga Texas is adjacent to the Eastern Crescent. Covering 2,500 acres along the Colorado River with over 10 million square feet of factory floor, Gigafactory Texas is a U. ’s new auto plant is close to completion. ) Tesla. By Johnna Crider. In addition to these January filings, Tesla filed Dec. handle the size of the building. While the footprint of the building is 5. Tesla's 'Gigafactory' now boasts another 4. If the plans are approved, Tesla ’s Gigafactory will be able to produce battery storage capacity of 100 gigawatt hours per year, up from 50 gigawatt hours at present, according to the. 7 million, government filings showed, marking one of its largest expansion drives since. How Many Tesla Gigafactories Are There? There are currently five Gigafactories. Costs, Pros And Cons At 15,000. the median for an automotive factory of a similar size is about. Electric automaker Tesla is set to ramp up production out of its southeastern Travis County gigafactory in 2022, bringing thousands of jobs and sending ripples through the region’s economy. £39,995. Even the smallest factory—Giga New York—sits on an 88-acre piece of land and has 1. Gigafactory Texas is already a monstrously big factory. There is actually a designated "Place," or official location on the Snap Map similar to a Google Maps listing, for the Tesla. Details are sparse but a state filing indicates Tesla could set up in more than 64,000 square feet in a shopping center that H-E-B left in 2021. Monday, March 6, 2023. Eventually, Gigafactory Texas is expected to build upwards of 500,000 vehicles annually. 8:37am Here’s How An Affordable Chinese-Made EV Holds Up After 100,000 Miles ; Gigafactory Shanghai (Chinese: 特斯拉上海超级工厂; lit. Tesla is making a massive investment of over $1 billion in its latest factory for electric vehicles, in Texas' Austin. Feb 14, 2022 at 6:59am ET. The Austin story only shows Snaps for the 24 hours they are live. Acabábamos de recorrer la nueva Gigafactory, la planta de fabricación de baterías de Tesla de US$5. Model Y (capacity of over 250,000 annually) Model Y since April 2022;. Battery costs below $100 per kWh. It doesn’t matter where you come from, where you went to school or what industry you’re in—we are currently hiring individuals of all levels. The total length of the factory is 1,166 meters, making it almost a mile long. ” Wonder if Tesla had this word in mind when it first went public? Let’s dig into Tesla’s. 3 square miles. A first look at the upcoming Tesla Gigafactory Mexico site has been shared by a Mexican government official on Twitter. The massive factory, known as Giga. In Phase 1, Giga Texas is supposed to be 0. Tesla founder Elon Musk announces the Gigafactory in Carson City, Nevada, in 2014. Gigafactory Shanghai’s annual output has been adjusted to over 950,000 vehicles FSD Beta’s cumulative miles has reached 525 million Tesla Energy deployments hit a record high of 4. Gigafactory Berlin is Tesla Inc. A year has passed since the opening of Tesla's Gigafactory in Grünheide, Germany, on March 22, 2022, and it has left an indelible mark on Brandenburg's economic landscape.