Mexican president says Tesla to build plant in Mexico
López Obrador said the promise came in phone calls he had Friday and Monday with Tesla headLópez Obrador had previously ruled out placing such a plant in the arid northern state of Nuevo Leon, where Monterrey is the capital, because he didn't want any water-hungry factories in a region that has suffered severe water shortages. But he said Musk’s company had offered several commitment to address those concerns, including using recycled water.
López Obrador did not specify the size of the investment or what the plant would produce, noting that the company planned to release more details on Wednesday.“My understanding is that it will be very big,” López Obrador said, but it was unclear if the plant would produceTesla already has two plants outside the United States, one in Shanghai and another near Berlin.
But the city suffered such severe water shortages in 2022 that many homes went weeks with intermittent or no water supply in 2022. The government is building a 60-mile pipeline to bring more water in from a dam to increase the supply.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mexican president says Tesla to build plant in MexicoMEXICO CITY (AP) — Mexico's President Andrés Manuel López Obrador said Tuesday that electric car company Tesla has committed to building a plant in the city of Monterrey, an industrial hub in northern Mexico.
Read more »
Mexican president says Tesla will build a new plant in MexicoTesla will build a new plant in Monterrey, Mexico, and adhere to a series of commitments to address water scarcity
Read more »
Mexican president says Tesla to build plant in northern MexicoThe EV maker has committed to building a major plant in the industrial hub of Monterrey.
Read more »
Mexico's president says Musk will build Tesla EV plant in northern MexicoAndrés Manuel López Obrador had previously raised concerns about the lack of water for Tesla to build in northern Mexico.
Read more »
Musk suggests Buffett buy Tesla stock, reveals Berkshire could have bought cheap in 2008 - AutoblogMunger could have bought into Tesla at a $200 million valuation, or less than 0.1% of the automaker's current market capitalization, Musk said.
Read more »
GM and Tesla score big in S&P Global Mobility loyalty awards - AutoblogGM has dominated the loyalty awards for several years, but Tesla has a massive and highly dedicated fan base.
Read more »