The world's largest EV maker is halting plans to build a major factory in Mexico due to concerns about US trade policies.

Tesla plans to build a new factory in Monterrey, Mexico, the country’s president said Tuesday, confirming speculation that the automaker would set up shop there. Notably, Tesla has agreed to use ...

Tesla’s new factory in the Mexican state of Nuevo León will cost $5 billion, will employ up to 7,000 people and could start churning out cars as early as next year, the state’s governor said ...

Elon Musk's plan to build another factory in Mexico will be key in Tesla's bid to provide the masses with a $25,000 car, according to automotive manufacturing expert Sandy Munro.

Tesla CEO Elon Musk said on the company's earnings call that its planned Gigafactory Mexico is on pause pending the U.S. election due to former President Trump's tariff pledge.

Tesla has reportedly acquired land in Nuevo Leon, Mexico, and it is on the verge of announcing a plan to build a factory on it. Earlier this year, people crossing the border between Texas and ...

Rivas mentioned that the construction has already attracted about 30 Tesla suppliers to Nuevo León to cater to Giga Mexico. Tesla cut nearly 14,000 jobs or 10% of its global workforce in April.

Earlier this year, we reported on CEO Elon Musk confirming that Tesla is considering sites for a new factory in Canada, Mexico, and the United States when discussing its next plant in North ...

Tesla promised to open a Gigafactory in Mexico back in 2023 that was rumored to come online as early as Q1 2025. CEO Elon Musk said it "doesn’t make sense to invest" until after the U.S ...

Tesla promised to open a new Gigafactory in Mexico last February, but Musk paused discussions about the proposed new Gigafactory citing the upcoming U.S. presidential election.

Tesla's stock falls further, now off nearly 7%. On the call, Chief Executive Elon Musk said that plans for a factory in Mexico continue to be on ice because "we need to see where things stand ...