HomeEconomyTesla will invest $5 billion in its factory in Mexico

Tesla will invest $5 billion in its factory in Mexico

The American manufacturer of electric vehicles confirms that it will open a factory in Monterrey, in northern Mexico, for a record investment of 5 billion dollars.

The world champion of electric vehicles, the American Tesla, Elon Musk’s company, will invest in Mexico “more or less five billion dollars” in its “largest factory” in the world, said a member of the Mexican government on Tuesday night . .

“I’m going to Austin, Texas, to attend the announcement by the CEO of @elonmusk @Tesla about his investments in 2023,” added Martha Delgado, in a text that accompanies the video where she makes her brief statement from the Mexico City airport.

At the beginning of the day, the President of the Republic, Andrés Manuel López Obrador, announced that Tesla was going to open a factory in the north of Monterrey, just over 200 km from the border with the United States.

Author: Frederic Bianchi with AFP
Source: BFM TV

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