A Look at Tesla CEO’s Compact Residence: A $50K, Modular Guest Home in Texas by Boxabl

Boxabl Casita
PriceSize (sqft)Shipping Cost per MileWaitlistDeposits
$49,500375$6120,0005,000
Boxabl Casita Summarized

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Contrary to circulating rumors, Tesla is not involved in the construction of a $15,000 tiny house. However, Elon Musk, the CEO of Tesla, does own a compact house in Texas, which is a product of the startup Boxabl. Advocates of tiny homes view them as a potential solution to America’s housing crisis.

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Tiny House Made Easy™

Compact homes have emerged as a popular alternative to traditional family homes or apartments. Despite rumors that Tesla is creating its own tiny home for $15,000, these compact living units have caught the attention of Elon Musk. Musk uses a $50,000 prefab house from startup Boxabl as a guest house in Texas.

During a podcast, Musk confirmed that he owns a prototype unit from Boxabl, a Las Vegas startup. Boxabl’s debut product is the Casita, a $49,500, 375-square-foot, prefab home. In late 2021, Boxabl installed a Casita in Boca Chica, Texas, near SpaceX’s launch site, for a “top secret customer.”

Musk denied living in the tiny house, stating that he resides in a different small house in South Texas. However, in July 2022, he mentioned that he owns a Boxabl and uses it as a guest house.

Boxabl’s identity isn’t solely tied to Musk’s interest. The company’s journey began in 2017 when the Las Vegas team decided to create its tiny homes after identifying a “huge opportunity to transition building construction worldwide into the factory assembly line,” similar to any other everyday product.

According to Tiramani, other prefab-home makers struggle with one glaring issue: shipping logistics. But unlike other prefab homes, the Casitas can be folded down from 20 feet to about 8 1/2 feet while being transported on a truck or towed by a pickup truck. Shipping, however, could still cost $2 to $10 a mile from the company’s Las Vegas headquarters.

Almost all of the Casita’s finishes — such as the kitchen, bathroom, electrical, plumbing, and HVAC — are completed in the factory before it’s shipped out. So when the Casita arrives at its final destination, the home just needs to be unfolded (which takes a few hours) and then attached to its foundation and utilities before it’s move-in ready.

Boxabl has a waitlist of 120,000 customers, and over 5,000 customers have already put down a deposit. The waitlist stands at around 100,000 people, but Boxabl says those people are interested in at least 1 million Casitas.

The company has built at least 200 tiny homes so far. Last June, it moved into a 170,000-square-foot factory with the hopes of producing a Casita every 90 minutes (or about 3,600 units a year) by the end of 2022 with the help of an automated and standardized process. To compare, a typical single-family home can take an average of seven months to build, according to Boxabl. A second factory is up and running now as well, the company said.

Boxabl already has a $10 million government contract for military housing. It has already built the 156 houses ordered by the Department of Defense.


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