Tesla Will Build Plant in Mexico

Tesla has just announced a new plant in northern Mexico. It's its fifth factory so far, but it's first south of the US border. This has the electric vehicle makers trying to beef up its capacity, which already stands at 1.9 million cars per year. It's also, as Mexico in particular, is luring in more EV makers. The likes of BMW, GM announcing investments recently, it's already a real hub for the making of combustion engines. This is success for the president of Mexico, Amlo, although his exact wish for the plant had been to be built in a southern state of Mexico, which is more economically deprived.

Although he did manage to ring out some significant environmental commitments from Elon Musk, in particular the use of reusable water throughout the manufacturing process, because water is scarce in that part of the country, and water is very heavily needed in the manufacturing of vehicles and their painting.

Caroline Hyde, Elon Musk, Tesla Motors Inc.