Tesla Inc.. TSLA said on Wednesday giga factory comes out with Mexico.
what happened: “Our next Gigafactory is in Mexico and will build our next generation of cars,” Tesla tweeted, showing a conceptual drawing of the Gigafactory.
Elon Musk revealed during the period investor day The factory was said to be located near the Mexican city of Monterrey, but details of the plant’s costs were not disclosed.
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As Tesla said in a tweet, the new Gigafactory will focus on building vehicles, not batteries.
Consumers were expecting details on next-gen cars at Investor Day, but Musk deflected that by saying, “If you answer that question, we’re going to fly our guns.”
Tesla’s Cybertruck, Musk said, is a futuristic vehicle that’s more practical than a truck and has better performance than a sports car, and is set to go into production later this year. is.
Mexican President Andrés Manuel López Obrador said Tuesday that Tesla will open a new factory in the north of the country. Shanghai and Berlin.
On Friday, the president said Tesla would not be given permission to build a factory in the U.S.-Mexico border state of Nuevo Leon, given water supply constraints. We have reached the announcement of the Gigafactory.
Mexico is also currently in talks with several automakers, including: general motors company GM and fiat chrysler Started EV production in Japan.
Price action: Tesla shares fell 5.7% in long-term trading after closing at $202.77 on Wednesday, according to Benzinga Pro data.
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