Construction might start by year's end.
There has been a lot of speculation about the location of Tesla's next factory, with many possibilities emerging about setting up a new factory in Mexico, Indonesia, and South Korea.
However, reports revealed that Tesla has obtained the necessary permits to begin construction of its newest electric car factory in Mexico, according to news anchor Milenio, who obtained official local and federal documents.
Tesla obtained a permit to build a new factory in Mexico
Mexico's Secretariat of Environment and Natural Resources (SEMARNAT) informed Tesla's manufacturing subdivision that the necessary permits to obtain final licensing from the federal government have been issued, as local Mexican media reported.
What's interesting is that the company... Tesla also purchased the land under which the factory will be built last week, a sign that things are moving in the right direction. However, it has yet to be determined when construction will begin on the company's newest and largest factory but it is rumored that it may start at the end of this year 2023.
He announced that Tesla's new factory in the Mexican state of Nuevo Leon may be laying its foundation stone in the following weeks, but in the end, the decision rests with Tesla.
It is worth noting that the lands surrounding the future factory are already being developed by the state, with the construction of access roads and other infrastructure funded by the state of Nuevo León.
According to a Reuters report, local authorities said they will spend more than $130 million on infrastructure to support the construction of GigaMexico, and Santa Catarina Mayor Jesús Nava hopes Tesla will start its own construction work in the first half of the year. 2024.
However, at the same time, the company's president adopted a somewhat pessimistic view regarding the future of the plant.
“Mexico is where we're laying the groundwork for all of the key tasks that need to be developed, but I think we just want a sense of what the global economy looks like before we reach full capacity,” Elon Musk said during a third-quarter earnings call two months ago.
The new Tesla Gigafactory in Mexico
- It has been announced that the Tesla factory in MexicoIn March, it was described as “the world’s largest electric vehicle manufacturer,” with investments estimated at more than $5 billion.
- The facility is expected to build the brand's next-generation platform which will reportedly power both the company's entry-level $25,000 electric vehicle and RoboTaxi.