Mexican president says Tesla to build plant in Mexico

The president said it would be a large investment without giving a dollar amount, and did not specify what the plant would produce.

MEXICO CITY, Mexico — Mexico’s president announced Tuesday that electric car company Tesla has committed to building a major plant in the industrial hub of Monterrey in northern Mexico.

President Andrés Manuel López Obrador said the promise came in phone calls he had Friday and Monday with Tesla head Elon Musk. It would be Tesla’s third plant outside the U.S., after one in Shanghai and one near Berlin.

López Obrador had previously ruled out such a plant in the arid northern

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