{"id":207967,"date":"2024-02-25T01:58:03","date_gmt":"2024-02-25T01:58:03","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/25\/tesla-asked-to-start-construction-of-mexican-factory\/"},"modified":"2025-06-25T17:21:37","modified_gmt":"2025-06-25T17:21:37","slug":"tesla-asked-to-start-construction-of-mexican-factory","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/02\/25\/tesla-asked-to-start-construction-of-mexican-factory\/","title":{"rendered":"Tesla asked to start construction of Mexican factory"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/content.fortune.com\/wp-content\/uploads\/2024\/02\/GettyImages-1821095235-1-e1708805752795.jpg?w=2048\" \/><\/p>\n<div data-cy=\"articleContent\">\n<p>Nuevo Leon Governor Samuel Garcia has asked\u00a0<a href=\"https:\/\/www.bloomberg.com\/quote\/TSLA:US\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Tesla Inc.<\/a>\u00a0to announce the start of construction soon of its planned factory in the Mexican state, national newspaper El Financiero reported.<\/p>\n<div class=\"paywall\">\n<p>\u201cI asked <a href=\"https:\/\/fortune.com\/company\/tesla\/\" target=\"_blank\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Tesla<\/a> to come by in March at the latest to make an announcement around laying the first stone and they didn\u2019t tell me no,\u201d Garcia said Saturday during the inauguration of a recreational project in the area of the La Huasteca ecological park in Santa Catarina, where Tesla plans to build its factory.<\/p>\n<p>\u201cI hope that very soon, in less than a month, the company will come,\u201d he said.<\/p>\n<p>Read more: <a href=\"https:\/\/fortune.com\/2024\/02\/24\/chinese-carmakers-evs-mexico-back-door-threat-american-automotive-sector\/\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Tesla-beating BYD and other Chinese carmakers using Mexico as back door poses \u2018extinction-level\u2019 threat to U.S. auto sector, warns trade group<\/a><\/p>\n<p>Construction of the Nuevo Leon factory, which had been slated to make Tesla\u2019s cheaper next-generation vehicles, has been delayed due to\u00a0Elon Musk\u2019s misgivings about the global economy. Other problems, including permitting delays and a dearth of infrastructure, also have plagued the process.<\/p>\n<p>Tesla plans to build a cheaper next-generation electric vehicle at the gigafactory, helped in part by\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-14\/tesla-gets-153-million-incentive-in-mexico-for-its-next-factory\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">$153 million<\/a>\u00a0in local government incentives. Musk requested last year that Nuevo Leon improve electricity, water and transportation in the region before it starts construction.<\/p>\n<p>Musk\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-18\/tesla-not-ready-to-go-full-tilt-on-mexico-plant-yet-musk-says\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">said<\/a>\u00a0in October he wasn\u2019t ready to go \u201cfull tilt\u201d on the facility because of high interest rates. He also said that Tesla will produce its next-generation entry level vehicle in its Texas factory before its Mexican facility since the new plant won\u2019t be ready in time.<\/p>\n<\/div>\n<div class=\"sc-f923d9ed-0 dNwVje article\" data-cy=\"subscriptionPlea\">Subscribe to the Eye on AI newsletter to stay abreast of how AI is shaping the future of business. <a href=\"https:\/\/www.fortune.com\/newsletters\/eye-on-ai?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=eye_on_ai\" target=\"_self\" rel=\"noopener\" class=\"sc-47dba8f0-0 iRbseu styledLinkColor \">Sign up<\/a> for free.<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/02\/24\/tesla-mexico-factory-elon-musk-cheaper-evs-interest-rates-economy\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Nuevo Leon Governor Samuel Garcia has asked\u00a0Tesla Inc.\u00a0to announce the start of construction soon of its planned factory in the Mexican state, national newspaper<\/p>\n","protected":false},"author":1,"featured_media":207968,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/207967"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=207967"}],"version-history":[{"count":1,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/207967\/revisions"}],"predecessor-version":[{"id":342369,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/207967\/revisions\/342369"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/207968"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=207967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=207967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=207967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}