Tesla Eyes Local Parts Suppliers as It Builds Mexico Plant
- Grandio said he jumped at the chance to join the EV maker
- Decision to build Mexico facility part of ‘nearshoring’ trend
Tesla’s decision to build a facility in Mexico has been seen as part of the so-called “nearshoring” trend.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Tesla is looking for local parts suppliers in Mexico as it prepares to build its first factory in the country, an official at the company said on Friday.
Eugenio Grandio, who helps oversee the plan to build a factory in the northern Mexican state of Nuevo Leon that will produce a next-generation electric vehicle, said co-founder Elon Musk wants to work with local companies that can grow with Tesla.