Tesla Expected to Announce Mexico Project Soon, Ebrard Says
- Mexico presidential hopeful Marcelo Ebrard speaks in interview
- Ebrard says 400 companies are lined up to invest in Mexico
Marcelo Ebrard
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Tesla Inc. is expected to announce an investment in Mexico very soon as the country works to expand infrastructure and renewable energy supply to take advantage of a boom in companies relocating, Foreign Affairs Minister Marcelo Ebrard said.
The Mexican government has been working with the carmaker led by billionaire Elon Musk to help it find a location to set up a plant in the country and the company has seen several locations, Ebrard said, declining to give details of the project.