New Tesla Gigafactory in Mexico may be for 'lower cost' Model 2 production with up to US$10 billion investment

[Redaktion]

The initial US$1 billion Tesla investment in its newest Gigafactory in Santa Catarina may be expanded to US$10 billion when the plant starts assembling a new, cheaper to produce model there in a few years. Elon Musk already met twice with local officials there and Tesla has reportedly acquired the Giga Mexico plots, too.

https://www.notebookcheck.net/New-Tesla-Gigafactory-in-Mexico-may-be-for-lower-cost-Model-2-production-with-up-to-US-10-billion-investment.675769.0.html