EV maker Tesla to build major plant in northern Mexico

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EV maker Tesla to build major plant in northern Mexico
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Mexican President Andres Manuel Lopez Obrador said the promise came in phone calls he had Friday and Monday with Tesla head Elon Musk

has committed to building a major plant in the industrial hub of Monterrey in northern Mexico.

“There is one commitment that all the water used in the manufacture of electric automobiles will be recycled water,” Lopez Obrador said. But the city suffered water shortages in 2022 that were so severe that many homes went weeks with intermittent or no water supply. The government is building a 60-mile pipeline to bring more water in from a dam.

Lopez Obrador “could not turn this down. It would have had a very big political cost for him,” said Siller. “A subsidy like that, we cannot give subsidies like that,” the president said, adding “Mr. Musk was very attentive, respectful” of Mexico’s position.

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