Mar 5, 2023

Tesla’s $5bn Mexican plant is set to become its largest facility, producing 1m electric cars a year

Posted by in categories: Elon Musk, employment, sustainability, transportation

Tesla held Investor Day 2023 this week and announced the construction of a new plant in the Mexican state of Nuevo Leon. The new facility will be Tesla’s largest production facility.

Here’s What We Know

Elon Musk’s company will invest $5 billion to build the Mexican plant and create 5,000–6,000 jobs. Over time, however, the amount of investment and the number of jobs will double.

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