Tesla manufacturing facility plans for Mexico are firming up, report says

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In October, Musk was noticed with Nuevo Leon officers at an occasion in Monterrey.

At the moment, Milenio printed a photograph of him standing on a patio with Nuevo Leon first woman Mariana Rodriguez and reported that the tech billionaire had met with Garcia and native financial growth officers “to research the potential of putting in a Tesla plant.”

Different Mexican media instructed the talks with native officers could possibly be centered on making a Tesla elements meeting hall for export or for increasing relationships with native elements suppliers.

Tesla has a brand new meeting plant in Austin, Texas, that could possibly be simply fed from northern Mexico.

Musk mentioned this yr that the automaker might announce plans for a brand new plant by the tip of 2022, however he didn’t give any indication the place Tesla was trying.

The Texas-Mexico border space is residence to tons of of auto elements producers, together with a serious GM plant in Ramos Arizpe and a sprawling Kia Corp. plant simply outdoors Monterrey. The GM plant is retooling to make its first electrical automobiles.

The Mexican monetary newspaper El Economista reported in April that Garcia had visited Tesla’s Austin plant to cement an settlement for elements suppliers to make use of a Nuevo Leon border bridge for exports to Tesla crops in California and Texas.

Final yr, Mexico exported simply over 2.7 million automobiles, largely to the U.S.

Because the North American auto business shifts from inside combustion automobiles to EVs, Mexico is searching for to attract extra EV meeting and elements funding. Ford at the moment makes the electrical Mustang Mach-E at a manufacturing facility close to Mexico Metropolis.

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