Tesla Inc. CEO Elon Musk’s appearance this weekend in the northern Mexican state of Nuevo Leon sparked the local hypothesis that Mexico could be a candidate for a long-term investment in Tesla.
Musk wants the automaker to grow “to an excessive size” and new factory announcements are expected until the end of the year.
The newspaper Milenio, which published a photo of Musk’s status in a backyard with Nuevo Leon’s first lady, Mariana Rodriguez, reported Sunday that the tech billionaire had met with Gov. Samuel Garcia and local economic progress officials “to discuss the option of riding a Tesla. “factory. “
Milenio, citing unidentified sources, said officials were proposing a production plant in the municipality of Santa Catarina, near the state capital, Monterrey.
Tesla did not respond to a request for comment. Mexican media said state officials had no comment on the meeting.
Other Mexican media have warned that talks with local officials may focus simply on creating a Tesla portion meeting room in the state for export or expanding relationships with local portion suppliers.
Tesla has a new factory in Austin, Texas, that can run smoothly from northern Mexico.
Loo celebrated the arrival of a new direct Spirit Airlines flight between Austin and Monterrey on his Twitter account on Oct. 6.
The state of Nuevo Leon has also set up a compromised traffic lane for Tesla suppliers at the Colombian border bridge checkpoint, Bloomberg reported in July. Tesla’s suppliers in Mexico come with France’s Forvia and Germany’s ZF.
“For some analysts, Elon’s to Mexico is a sign that industry deals are on track, as a non-public would imply a higher point of interest in the country,” news firm Infobae said Sunday.
The Texas-Mexico border domain is home to many auto portion manufacturers, as well as a General Motors main plant in Ramos Arizpe, Coahuila, and a Kia Corp. plant. Just outside Monterrey. La GM plant is being reequipped to make its first electric vehicles.
Mexican financial newspaper El Economista reported in April that Garcia, the governor of Nuevo Leon, had visited Tesla’s Austin factory to cement an agreement that allowed portion suppliers to use the Colombia Bridge to export to Tesla factories in California and Texas.
Last year, Mexico exported just over 2. 7 million vehicles, mostly to the United States.
As the North American auto industry transitions from combustion cars to electric cars, Mexico will attract more investment in electric vehicle parts and parts. Ford recently manufactured the electric Mustang Mach-E at a plant near Mexico City.
Chinese battery supplier CATL has also been making plans to open a factory in Mexico since the beginning of the year, but Reuters reported that the company had put the brakes on its investment plan more recently due to considerations over how new U. S. regulations have been in the country. U. S. battery sources would increase costs. .
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