Tesla’s CEO, Elon Musk, has announced the company’s plans to build a new Gigafactory in Mexico. The announcement came during the live Q&A sessions after Tesla’s Investor Day event, where the company shared its Master Plan part three
Musk’s decision to build a new factory in Mexico follows his previous visits to various locations in the country, where he toured different sites and explored potential opportunities. During the event, Musk revealed that the factory would be located in the Mexican state of Nuevo León, which shares a border with Tesla’s Austin Gigafactory in Texas.
With this new facility, Tesla will continue to expand its production capabilities and provide sustainable energy solutions to consumers. The new Gigafactory will be producing the next-generation vehicle and will join Tesla’s existing factories around the world. Currently, the Gigafactory in Nevada produces batteries, while the one in New York is responsible for solar products. The company also has Gigafactories in Shanghai and Berlin, producing electric vehicles for the Chinese and European markets.
Yesterday, Mexican President Andres Manuel Lopez Obrador confirmed that the new Gigafactory would be built in the city of Monterrey, located approximately 387 miles away from Tesla’s headquarters in Austin. The announcement marks a significant step forward for Tesla’s mission to revolutionize the automotive industry and accelerate the world’s transition to sustainable energy.
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