August 14, 2023 – In an announcement that echoes through the automotive world, Tesla’s CEO Elon Musk has confirmed plans for a groundbreaking factory in the Mexican state of Nuevo León during the company’s annual investor day event held on March 1st.
Foreign reports have indicated that this Tesla mega-factory in Mexico is set to be colossal, spanning approximately 4,200 acres, which is roughly equivalent to 25,495.2 acres. This sprawling expanse will outshine Tesla’s existing and under-construction facilities, indicating a substantial investment ranging from an estimated $5 billion to potentially nearing $10 billion. The anticipated construction start is slated for the summer months.
Recent reports from international media reveal that the wheels of progress are already in motion. Aerial footage captured by local media has documented the commencement of construction at the Tesla Mexico mega-factory site.
From the skies, one can witness heavyweight construction machinery engaged in essential operations within the factory premises. Even the roads surrounding the facility have not escaped the buzz, as traffic cones have been strategically placed to alert drivers to the construction activities underway.
While initial reports mentioned that the construction was focused on Tesla’s headquarters in Santa Catarina, Nuevo León, Mexico, the presence of these substantial machines marks a pivotal step forward in the factory’s establishment, indicating that the mega-factory’s development is indeed underway.
The Tesla Mexico mega-factory was initially projected to break ground in March of this year, with the assembly lines expected to start rolling out electric vehicles at some point next year. However, subsequent reports hinted at a production timeline around the first quarter of 2025.
The arrival of these heavy-duty machines and the initiation of construction hint at the advancement of various approval processes related to the factory. Just last month, Samuel Alejandro García Sepúlveda, the Governor of Nuevo León state, mentioned that all permits for the factory were making headway. Environmental, energy, and water resource evaluations have been satisfactorily completed, positioning the project for the commencement of its inaugural construction phase.
The Tesla Mexico mega-factory stands as a testament to the company’s unwavering commitment to advancing electric vehicle technology. Its establishment heralds not only a new era in automotive manufacturing but also the potential to foster local employment opportunities and stimulate economic growth within Nuevo León and beyond.