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Elon wants to build a city from scratch in Texas, basically a Tesla company town. He's reportedly purchased 6,000 acres 35 miles from Austin and already there's a factory and some cheap housing plopped down in "Snailbrook, TX"
edit for additional context, the land is in Bastrop county, which is between Austin and Houston (but much closer to Austin). I35 from San Antonio to Austin to Dallas is quickly becoming one giant strip of consumerism, and Austin to Houston will eventually go the same way. He's getting rural land just outside booming Austin and 1.5 hours from Katy in the Houston metroplex. Unfortunately it looks like an amazing business move