Mexico, Tesla near deal on investment after president's phone call -sources

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Mexico and Tesla Inc are close to announcing a deal on the electric vehicle maker's plans to invest in Mexico after President Andres Manuel Lopez Obrador and Tesla Chief Executive Elon Musk spoke on Monday, Mexican officials said.

Two of the officials said Musk and Lopez Obrador had already spoken on Saturday. Monday's call lasted about 40 minutes and Saturday's around 35 minutes, one of the officials said.The discussions around Tesla have become a major test of whether Lopez Obrador can set the terms for major investments in Mexico in pursuit of a policy of resource nationalism which has persistently stirred misgivings among business groups.

The comments last week by the leftist Lopez Obrador were the strongest sign yet that his concerns over water supply could become a deal-breaker for Tesla's plans in Nuevo Leon, an opposition-run state on the U.S.-Mexico border. After Monday's call, one of the officials said Nuevo Leon was still in the running. Mexico's government has also said the firm is considering investingReporting by Dave Graham and Diego Ore in Mexico City Editing by Brendan O'Boyle and Matthew Lewis

 

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Do you think Mr Musk’s stress limit is starting to show on his face?

Tesla elonmusk needs to be prepared to deal with the labor unions constantly wanting kickbacks or bribes just to be able to operate. Not to mention every possible politician wanting a cut too, let alone the cartel issues.

Mándalo a tus amiguis fanáticos o más bien pagado$ de ImagenTVMex

Elon should buy Mexico

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