Mexico expects the Tesla plant to be ready by 2024

Tesla factory

Approvals are to be granted faster than originally planned.

(Photo: Reuters)

Mexico City According to government reports, the first Teslas could roll off the assembly line in Mexico next year. “They are awaiting final approvals…when that’s done they can start, hopefully later this month, in March,” Nuevo Leon Gov. Samuel Garcia said in an interview Monday.

“I think next year, in 2024, the first cars will be delivered.” The production of components such as chips and batteries could also be added in further expansion phases. “That’s why they bought a very large lot.” The site in Santa Catarina, near the state capital of Monterrey, covers several thousand acres.

Tesla did not immediately respond to a Reuters request for comment. Group boss Elon Musk announced the new plant in Mexico last week at the investor day. According to this, “a vehicle of the next generation” is to be produced in the gigafactory. According to Mexican authorities, the five billion dollar investment will create the world’s largest factory for the production of electric vehicles.

More: Elon Musk plans a world without fossil fuels – but remains vague about new models.

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