Additional Information:

Sector: EVs

Activity: Manufacturing

Product: EVs

Project Announcement Date: 3/1/2023

Target for Starting Production: 2025

Announced Post Inflation Reduction Act: Yes

Target Annual Production: 50 GWh

Operating Status: Paused

Target Jobs: 4500

Capital Investment: $4500 million

Government Subsidies:

Local/State: $25.9 million

Selected Sources:

#1: Tesla is on the verge of announcing a factory in Mexico, report says - electrek.co

#2: Report: Tesla to Add $1B Plant in Mexico - The Detroit Bureau - www.thedetroitbureau.com - 12-20-2022

#3: Tesla Is Building A Plant In Monterrey, Mexican President Says - www.forbes.com

#4: Tesla Gigafactory Mexico production set at Q1 2025: report - www.teslarati.com

#5: Tesla Gigafactory Mexico might be coming online way later than expected - electrek.co - 09-07-2023

#6: Gigafactory Mexico gets all its permits, now it is up to Tesla to give greenlight - electrek.co

#7: Tesla to get $153 million in incentives for planned Mexico factory - www.dallasnews.com

#8: Tesla secures $135 million in incentive for Gigafactory Mexico despite delaying the factory - electrek.co - 12-15-2023

#9: Adrean in the Hat on Twitter - twitter.com

#10: Semarnat grants land use permits to Tesla to set up Gigafactory in Nuevo Leon - MEXICONOW - mexico-now.com - 12-15-2023

#11: Tesla Giga Mexico Flyover 4K 60 FPS HDR - 16 December 2023 - www.youtube.com

#10: Ale𝕏andra Merz 🇺🇲 on Twitter - twitter.com

#12: Tesla (TSLA) Q2 2024 Earnings Call Transcript | The Motley Fool - www.fool.com - 07-24-2024

Tracked Expansions and/or Acquisitions:

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