New Tesla Gigafactory Marks Mexico’s Manufacturing Golden Moment

There aren’t more unusual bromances than the one recently formed between Elon Musk — the world’s second-richest person — and Andrés Manuel López Obrador, the firebrand Mexican president who likes to brag he is so austere he has never used a credit card.

The origin of this odd link-up is Tesla’s decision to enter the Mexican market with a new battery-production facility — which the company calls a Gigafactory — to be built near Monterrey, the industrial hub close to the Texan border.