Tesla Is Closing in on Mexico
Tesla is edging towards building a plant in Mexico for major cost savings on EV production.
Source: jalopnik.com
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Tesla is edging towards building a plant in Mexico for major cost savings on EV production.
Certain models in Germany were reduced by 17% while a new Model 3 in the U.S. could drop between 6% and 14%.
The EV maker slashed prices on every car it makes, some by up to 20 percent.
Despite concerns that demand is an issue, Tesla is looking to expand its factory in Austin.
Other reports have shown the EV maker had planned to pause work at its main production plant, but that will extend further into 2023.