The Limited Times

Now you can see non-English news...

Tesla invests $5 billion in its 'world's largest factory' in Mexico

2023-03-01T05:34:32.766Z


The Mexican government welcomes this massive investment and salutes the "very respectful and very attentive" character of Elon Musk, boss of Tesla.


The world champion of electric vehicles, the American Tesla, a company of Elon Musk, will invest in Mexico "

more or less five billion dollars

" in its "

largest factory

" in the world, a member of the Mexican government said on Tuesday evening. .

We have attracted an investment of more or less five billion dollars to Mexico for the installation of the largest electric vehicle factory in the world

,” Foreign Relations Undersecretary Martha Delgado said on Twitter.

"

I'm going to Austin, Texas, to attend the announcement that Tesla CEO Elon Musk will make on their investments in 2023,

" added Martha Delgado, in a text accompanying the video where she makes her brief statement from the Mexico City airport.

Earlier in the day, the President of the Republic Andres Manuel Lopez Obrador announced that Tesla would open a factory in Monterrey, in the north of the country, just over 200 km from the border with the United States.

"

This will mean a huge investment and lots and lots of jobs

," said Andres Manuel Lopez Obrador, adding that the company would give more details from Wednesday, including on the issue of water management in its manufacturing process.

I want to thank Mr. Elon Musk because he was very respectful and very attentive.

He understood the importance of taking into account the problem of water shortage

, ”continued the nationalist left president, specifying that he had discussed twice with the CEO of Tesla.

Source: lefigaro

All business articles on 2023-03-01

You may like

News/Politics 2024-04-15T14:33:17.280Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.