The Mexican government announced that Tesla, a leading manufacturer of electric cars, will invest in Mexico about "five billion dollars" to build its "largest factory" in the world.
"We have attracted nearly $5 billion in investment to Mexico to build the world's largest factory for electric cars," said Secretary of State for Foreign Affairs Martha Delgado in a video posted on Twitter.
"After 14 months of hard work, this investment was realized... We will keep working "She went on to say.
- "I'm going to Austin, Texas, to attend Elon Musk's announcement of (the company's) 2023 investments," Delgado said in a text that accompanied the video of her at Mexico City International Airport.
- Mexican President Andres Manuel Lopez Obrador had announced earlier that the factory would be located in Monterrey, in the north of the country, near the border with the United States.
- "It will mean a huge investment and lots and lots of jobs," Lopez Obrador said, adding that the company would provide further details.
- And the left-wing president added, "I want to thank Elon Musk because he was very respectful and very caring," explaining that he spoke twice with the CEO of Tesla.
- Monterrey, located just over 200 kilometers from the US border, is one of Mexico's economic and industrial engines.