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Post by sevenofnine on Feb 28, 2023 14:53:34 GMT -5
Tesla is work with Mexico on a plant? WOW! Mexican President Andres Manuel Lopez Obrador has announced that the electric car manufacturer Tesla will open a large plant in northern Mexico, marking an investment that could be worth up to $10bn for the region. Following a phone call with Tesla Chief Executive Elon Musk on Tuesday, Lopez Obrador revealed that the plant would be located in the industrial hub of Monterrey, the capital of the northeast state of Nuevo León. “This will represent a considerable investment and many, many jobs,” Lopez Obrador told reporters, adding that Musk had been “very receptive” towards concerns about issues like water use in the parched region. Mexico has pitched itself as an alternative to Asia for US-based companies looking to establish manufacturing operations, citing proximity as an advantage. Tuesday’s decision, which has yet to be confirmed by Tesla, would represent a significant boost to those efforts. www.aljazeera.com/news/2023/2/28/mexico-approves-new-tesla-plant-in-northern-mexico
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