Tesla to build next plant in Mexico | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Tesla’s next vehicle assembly plant will be in Mexico near Monterrey, CEO Elon Musk announced.

Tesla’s next vehicle assembly plant will be in Mexico near Monterrey, CEO Elon Musk announced Wednesday. “We’re super excited about it,” Musk said during an investor day for the company. “We’ll continue to expand production at all of our existing factories. So this is not moving output to anywhere, from anywhere. This is supplemental production.

The company estimates to build the additional plants needed to reach 20 million vehicles will cost a total of $150 billion to $175 billion, including the $28 billion in investment that it has already made in its history. “Maybe this total investment looks large,” said CFO Zachary Kirkhorn. “I think its quite small relative to our ambitions.” The company also announced that earlier Wednesday it built 4 million vehicles in its history.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fake news. Least watched because the least trusted. You will get more truth from MarkDice than you will at

Disclose details on the new generation of products to competitors analysts and legacy media? Don't think so. Long term TSLA investors DCA the dips?

It's Friday now

EMF….. cancer carrier on wheels.

What happened to America First. He went to Trump for money now he’s moving into Mexico 🇲🇽😂

Is all-electric in the automobile the best solution I doubt! Until the day we realize that what pollutes the most is the electric car‼️🤔

Remember how all the leftards were gushing over Tesla but when elonmusk took over Twitter they suddenly got their panties up in a bunch? 🤣🤣🤣🤣🤣🤣🤣

☀️👍🧐🙏

To bad you couldn't open one up on Mars, at least you would know you're safe from the nut jobs and crooks on this planet.

Cheap labor in Mexico

elonmusk Stealing more jobs away from hard working Americans. He takes all our corporate welfare and then gives the work to Mexico. This is your hero MAGA ?

In Mexico he can pay workers $2.00 an hour, not overtime, work 20 hours a day. There is no Union or Activist with values that will defend the workers. That way he is going to recover the billions he lost with Twitter.

Scuse me, just moon walking from California to Texas and jettisoned into Mexico.

How patriotic of the f**k

Nigeria has one of the biggest labour market in Africa. It’s time to give Africa her flowers 💐

So much for 'made in America'

All vehicles manufactured outside the USA should be exempted in respect of the taxpayer-funded 'credit'.

Well, of course it is.

elonmusk is that true?

Will he pay to protect the female workers from the cartels and police?

'GOOD BUSINESS''

😡

❤️❤️❤️❤️🙏

Another one that don’t support American’s and American jobs. I thought this man was great until i seen that he is even thinking of this!

It's easier to use cheap labor than build the super high tech factory of the future.

Why mexico?

Wait one moment 😜.... Didn't the border news just report, millions of jobless PPL leaving Mexico? (Wrong way) ↩️ 🫣

figures

ELECTRIFIED AUTOMOTIVE Arab confirm!

Why not in America?

Please say can you help Nigerians , say something please, we are supporting everything you’re doing please support us this time , the youths are dying , Peter Obi is our president, I know you can help us 😥

Elon musk a Typical republican

Great choice by Musk. Even though I hate his guts.

Yes.Adelante Exitos.

Monterrey is a nice choise, if they need the proximity to the US border or their legendary mountains for the resources... Might not be ideal if they need big quantities of water for the prpduction... Place is arid and the underground well is quite low on water right now.

Most of the people mad about this constantly bitch about him 🤣

Oh, a Tesla Bocho (bug)?

The MAGA hero strikes again!

Ultra cheap and slave workers makes your overhead cheaper, but did you clear this with the drug cartels?

Mexico is a wonderful country full of amazing people who work so incredibly hard! Congratulations Mexico you've earned it! ❤️🇲🇽❤️

That’s what happens when you don’t give tax-breaks to Corporations..

Maybe now we will get the $30k car?

Not so MAGA now huh

Верю что деятельность Илона Маска под пристальным вниманием Высших Сил и будет направлена только на сохранение человеческой цивилизации

elonmusk Boycott Teslas built in Mexico.

American jobs first.notttttt

A greedy American bastard who always wants to embrace China, when will he get out of China?

Trump will love this. Lol

Who's surprised? China and now Mexico. Can't wait until the plan in Texas is cancelled. Happy birthday MAGAs!

We will build an electric car and we will pay Mexico for it!

Maybe he wants to pay for the wall from Mexican earrings!😎

I won’t be buying anything from that country. 🇺🇸

Awesome!!!

Tesla’s are ridiculously overpriced pieces of garbage anyway

Isn’t that just fantastic

Perfect

Not in 'Murica? That's not very MAGA.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines