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 ...

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’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 ...

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 ...

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 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 ...

Tesla announced it would be building a new factory in the Mexican state of Nuevo León, just across the U.S. border last year.Now, however, those plans seem to have stalled out, all thanks to the ...

BYD is halting Mexico factory plans over US trade policy concerns. US tariffs on Mexico-made cars are affecting automakers including Nissan and Stellantis. BYD is opening a factory in Brazil, its ...