tesla-will-invest-$5,000-million-dollars-in-a-new-car-plant-in-mexico

The electric vehicle company, Tesla, will invest some $5,000 million dollars in Mexico, with the installation of its first automotive plant in Latin America, the Undersecretary for Multilateral Affairs and Human Rights of the Mexican Foreign Ministry, Martha Delgado, revealed on Tuesday.

“We are very happy because we achieved it, we brought to Mexico an investment of more or less 5,000 million dollars for the installation of the largest electric vehicle plant in the world,” he reported in a video broadcast through his Twitter account.

In the morning, Mexican President Andrés Manuel López Obrador confirmed that Tesla will install an electric vehicle plant in the northern city of Monterrey, after his call on Monday with tycoon Elon Musk, Tesla’s chief executive, and months of political infighting. to define the seat of the investment.

“Things are going well, we talked yesterday with Mr. Elon Musk, the director of Tesla. There is already an understanding, yes they are going to dedicate the investment to Mexico and the plant is going to be established in Monterrey, with a series of commitments to face the problem of water scarcity. They are going to help in this sense”, confirmed the president.

Delgado’s statements are given as part of his visit to Austin, Texas, in the United States, on the occasion of the global public announcement that Musk will make of all his investments in the world by 2023.

In addition, he emphasized that “this investment has been achieved after 14 months of work” and assured “it is not the only one” that they have with Tesla, since he asserted that they continue to “work.”

Likewise, the governor of the northern Mexican state of Nuevo León, Samuel García, also traveled to the United States, at the invitation of magnate Elon Musk, for the official announcement of his most recent electric car plant, Tesla, in the north of the Mexican territory.

“They told me that tomorrow they are going to show a render of how the world’s largest gigafactory would look like, in Santa Catarina,” he said.

For their part, businessmen from the industrial sector of the entity in northern Mexico assured that the arrival of Tesla opens the possibility for small and medium-sized local supply companies to join the logistics chain of these international companies.

“We are excited about investments of high strategic value, a robust supply network that we trust will be with a relevant local percentage, as well as well-paid and high-quality formal jobs,” said the Chamber of the Transformation Industry (Caintra) of Nuevo Leon through a statement.

Previously, federal officials wanted Tesla to establish itself near the Felipe Ángeles International Airport (AIFA), López Obrador’s priority work for the Mexican capital, but Musk visited Nuevo León, a state governed by the opposition, since last October.

Even, López Obrador had warned last week that he would not give the permits to Tesla for Nuevo León due to the scarcity of water that the region faces.

This unleashed the dispute between different entities for the attraction of this important foreign investment, such as Coahuila, Veracruz, Michoacán and Hidalgo.


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By Scribe