Tesla’s gigafactory in Mexico will be the world’s largest electric car factory

Although the Mexican government had already officially announced the construction of the Tesla plant in Nuevo Leon, Elon Musk was not going to miss the opportunity to make his own announcement. The EV CEO took advantage of Investor Day to announce the first Gigafactory in Latin America, along with some additional details.

First, Elon Musk commented that Tesla’s gigafactory would be located in an area near Monterrey. The Nuevo León government has already specified that this will take place in the municipality of Santa Catarina. On the other hand, it is known that as soon as the plant starts working, will be responsible for the production of a new generation car. However, they did not delve into this topic.

Elon Musk was very clear when he mentioned that Tesla will not outsource some of the work to other Gigafactories in Mexico. In fact, he stated that he intended not only to build another plant, but also to expand operations in the other four (Nevada, Texas, Berlin and Shanghai).

The Mexican government also devoted words to such an important announcement. Martha DelgadoDeputy Minister of Foreign Affairs assured that Gigafactory in Mexico to become the world’s largest electric vehicle factory.

It’s also guaranteed investment about 5000 million dollarsmaking Tesla one of the automakers that initially invested the most in Mexico.

“We are very happy because we made it. We brought an investment of about $5 billion to Mexico to install the world’s largest electric vehicle factory.”

Martha Delgado.

In terms of employment opportunities, there is also great news for the northern region. The Tesla plant will produce approx. 6000 jobs.

Obviously, another character from Mexican politics who celebrated the arrival of the Tesla factory in Mexico was Samuel Garcia, governor of the state of Nuevo Leon. It was he and his cabinet that did the most to reach an agreement. It is mentioned that the negotiations lasted 14 months.

“The richest man in the world has entrusted Nuevo Leon, Mexico with his new Gigafactory and his next generation car. The future is bright. Thank you Elon Musk, thank you Tesla,” Garcia wrote on his Twitter account.

Finally, the Mexican authorities mentioned that Tesla intends to make additional investments in Mexico. What exactly do they mean? Well everything points to one battery factory.

“We also discussed other options… from Hidalgo for a possible battery plant because the Nuevo Leon case is closely linked to the battery plant that Tesla has in Austin, Texas,” commented Andres Manuel López Obrador, President of Mexico , adding: “I clarified that lithium has already been nationalized, but this does not mean that we can agree. Lithium belongs to the Mexicans, but if we buy raw materials, if we put battery factories here, if the Mexicans get jobs, we will agree.”