Mexican president claims Tesla will make a new plant in Mexico

Mexican president claims Tesla will make a new plant in Mexico


Pedestrians walk earlier the Tesla Motors formal authorized motor vehicle dealer retailer in Hong Kong.

Sopa Illustrations or photos | Lightrocket | Getty Images

Tesla will make a new plant in Monterrey, Mexico, and adhere to a collection of commitments to handle drinking water shortage, the nation’s president introduced at a press conference Tuesday.

President Andrés Manuel López Obrador, or AMLO, as he is identified, claimed Tesla agreed to use recycled drinking water at the plant all over the full car or truck producing system, even down to the cars’ paint. He stated the company will reveal additional facts about the new plant throughout its Trader Working day celebration Wednesday.

AMLO mentioned he spoke to Tesla CEO Elon Musk on Friday and Monday.

“He was very responsive— comprehension our worries and accepting our proposals,” AMLO mentioned. CNBC translated the president’s remarks from Spanish to English.

AMLO reported the plant will be a considerable financial commitment, and that it will result in “many, lots of positions.”

Monterrey is an industrial metropolis near the U.S.-Mexico border, and it has lengthy been thought of a frontrunner for investment decision from Tesla. The company at the moment has two other car vegetation exterior of the U.S. positioned in China and Germany.

“I want to thank Mr. Elon Musk, who was quite respectful and recognized the great importance of addressing the problem of water scarcity,” AMLO claimed.

Tesla’s Investor Working day will be reside-streamed on Twitter and YouTube from Texas Wednesday.



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