Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen kkkkkkkkkayd for the clue delivery! Beijing time on the morning of December 17, according to Bloomberg, a number of people familiar with the matter said today that Tesla will announce the establishment of a car assembly plant in Mexico as soon as next week. At present, Tesla is finalizing the final plan for the project.

The plant will be located in Santa Catarina in Monterrey, capital of the Mexican state of Nuevo Leon, according to these people. One of the people familiar with the matter said that the final details were still being worked out and Tesla was discussing the matter with officials from the Mexican Ministry of Foreign Affairs and Nuevo Leon.

Tesla has not yet commented on this.

In October, Tesla CEO Elon Musk (Elon Musk) visited Nuevo Leon and met with officials there. Moreover, Tesla's previous relationship with the state government has won him an exclusive customs passage, allowing some parts to cross the border into Texas.

The plant will be Tesla's first factory south of the US border and part of Tesla's efforts to expand global manufacturing. In addition to US factories, Tesla has previously set up large car assembly plants in China and Germany.

In fact, Tesla has been considering building a third factory in North America after California and Texas. In August this year, Mr Musk also told shareholders that a new plant decision might be made by the end of the year.

The move comes just days after Mexico and Canada won a trade dispute with the US over cross-regional transport of cars, a development that gives carmakers more incentive to produce cars in these countries.

Moreover, under a law signed by the US in August, electric cars manufactured in North America, including Canada and Mexico, are eligible for subsidies as long as they meet some battery requirements. The law aims to stimulate the popularity of electric vehicles.

It is not clear which models Tesla will produce at his Mexican plant or when they will start production. These details are likely to be released in the coming days, according to people familiar with the matter.

Tesla's plant will be located in a "car corridor" in Nuevo Leon, which is already home to GM and Kia plants. In addition, Ford Motor Company also produces Mustang Mach-E electric vehicles in Cuautitlan, near Mexico City.

Mr Musk has set an ambitious target of selling 20 million electric vehicles a year by 2030, which would make Tesla twice the size of any other carmaker and 20 per cent of global car sales.

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