The announcement followed months of speculation over the global auto giant’s plans for a “gigafactory” in the Latin American country as it aims to meet an ambitious global plan to sell 20 million electric vehicles a year by 2030.
Here is an overview of the events that led up to the deal.
2022
June 13: News outlet Electrek reports that Tesla Chief Executive Elon Musk told workers the company is considering sites in Canada and Mexico for a new factory.
June 23: Musk in an interview says new car factories in Texas and Germany are “losing billions of dollars.”
Oct. 11: A senior Mexican government official tells Reuters he is confident Mexico can boost electric car sales from 5% currently to 50% by 2030.
Oct. 24: A source tells Reuters that Musk is considering investing in the Santa Catarina municipality, on the edge of Nuevo Leon’s capital Monterrey, after meeting with the state governor and the U.S. ambassador to Mexico.
Dec….
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