A Mexican official said the two sides were “90%” of the way towards an agreement. — Bloomberg
MEXICO CITY: Mexico and Tesla Inc are close to announcing a deal on the electric vehicle maker’s plans to invest in Mexico after President Andres Manuel Lopez Obrador and Tesla chief executive Elon Musk spoke on Monday, Mexican officials say.
Lopez Obrador earlier revealed that he would be talking to the “owner” of Tesla, which officials confirmed meant Musk.
One of the officials said following Monday’s call that Tesla would be coming to Mexico. A second official said the two sides were “90%” of the way towards an agreement.
“The call went really well,” a third Mexican official said. Tesla did not reply to a request for comment.
The call was announced after Lopez Obrador said last Friday that Tesla would be denied permits to build a plant in the northern state of Nuevo Leon, where the company has been considering investing, if water is scarce in the arid region. — Reuters
