Mar 5, 2023
Tesla’s $5bn Mexican plant is set to become its largest facility, producing 1m electric cars a year
Posted by Genevieve Klien 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.