Mexico City (EFE).- Mexican President Andrés Manuel López Obrador confirmed on Tuesday that Tesla will install an electric vehicle plant in the northern city of Monterrey, after his call on Monday with tycoon Elon Musk and months of political struggle to define the seat of the investment.
“Things are going well, we talked yesterday with Mr. Elon Musk, the director of Tesla. There is already an understanding, yes they are going to dedicate the investment to Mexico and the plant is going to be established in Monterrey, with a series of commitments to face the problem of water scarcity. They are going to help in this regard,” said the president.
In his daily press conference, López Obrador put an end to months of speculation about the arrival in the country of a Musk plant and disagreements in the federal government about where to install the assembly company, whose details and investment cannot yet be revealed.