Tesla, Suppliers To Invest $15B In Giga Mexico, State Governor Says

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The governor of the Mexican state of Nuevo Leon, Samuel Garcia, said that Tesla and its suppliers will generate an investment of $15 billion in two years.

Tesla and its suppliers will reportedly invest $15 billion over the next two years in the Gigafactory Mexico facility, said Nuevo Leon state governor Samuel Garcia.

"Just Tesla and its suppliers will generate an investment of $15 billion in two years," the governor said according to, without explaining the big difference over the initial estimate. He added that this"enormous amount" will require Nuevo Leon to spend more on highways and other public works.' request for comment on the governor's remarks.Tesla has not announced a start date for construction of its Gigafactory Mexico or when it will start producing vehicles.

According to Walter Isaacson's recently released"Elon Musk" biography, Tesla has decided in May 2023 toThis means that development and initial production will take place at the Giga Texas factory before the working production lines are replicated in Mexico and possibly other places.

 

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Tesla, Suppliers To Invest $15B In Giga Mexico, State Governor SaysThe governor of the Mexican state of Nuevo Leon, Samuel Garcia, said that Tesla and its suppliers will generate an investment of $15 billion in two years.
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