September 20, 2024

The World Opinion

Your Global Perspective

Mexican president says Tesla will construct a brand new plant in Mexico

Pedestrians stroll previous the Tesla Motors authentic licensed automotive broker retailer in Hong Kong.

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Tesla will construct a brand new plant in Monterrey, Mexico, and cling to a sequence of commitments to handle water shortage, the country’s president introduced at a press convention Tuesday.

President Andrés Manuel López Obrador, or AMLO, as he’s identified, stated Tesla agreed to make use of recycled water on the plant right through all the car production procedure, even all the way down to the automobiles’ paint. He stated the corporate will divulge extra details about the brand new plant throughout its Investor Day tournament Wednesday.

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

“He was once very responsive— figuring out our considerations and accepting our proposals,” AMLO stated. CNBC translated the president’s remarks from Spanish to English.

AMLO stated the plant might be a substantial funding, and that it’s going to lead to “many, many roles.”

Monterrey is an commercial town close to the U.S.-Mexico border, and it has lengthy been regarded as a pacesetter for funding from Tesla. The corporate recently has two different automotive crops outdoor of the U.S. positioned in China and Germany.

“I need to thank Mr. Elon Musk, who was once very respectful and understood the significance of addressing the issue of water shortage,” AMLO stated.

Tesla’s Investor Day might be live-streamed on Twitter and YouTube from Texas Wednesday.