CFE Strikes Deal with Elon Musk to Provide Starlink Internet to Mexico
The contracts join the billionaire’s $5 billion into a gigafactory for electric vehicle brand Tesla in Nuevo León as part of Musk’s ties to Mexico
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Mexico Offers New Tax Cuts to Attract Nearshoring Investment
The only requisite for eligibility is that the investment must be made during the rest of 2023 or during 2024
Read moreNearshoring, Offshoring and the Maquiladora Industry
Even while establishing new industries, U.S. manufacturers kept using the term offshore to refer to assembling in Mexico
Read moreMexico’s Automotive Industry Booming despite Slow overall Growth
In the first five months of 2023, vehicle production rose 13.4 percent and car exports grew by 9.2 percent to 1,273,915 units, with the bulk of shipments going to the United States
Read moreThe Road Ahead for the ‘Tres Amigos’
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read moreNuevo León Governor Says State Could Be Next Silicon Valley
This year alone, Nuevo León will bring in more than $12 billion in new investments
Read moreTesla to Open Major Plant in Nuevo León
The Mexico plant, an investment that could be worth up to $10 billion, will be Tesla’s third assembly plant outside of the United States
Read moreThe Strangulation of a Golden Gosling
If AMLO tries to strong-arm the second-wealthiest man on the planet into building his plant somewhere that will behoove his own political ends, he may end up with a rotten gander egg on his face and no Tesla investment whatsoever
Read moreTesla May Reconsider Plant in Mexico over Electricity Concerns
It is the issue of affordable energy that could pose a possible barrier to the installation of Musk’s assembly company in Nuevo León
Read moreTesla to Open Mega-Plant in Nuevo León
PULSE NEWS MEXICO Back in the United States, Elon Musk may be distracted by his recent and controversial takeover of Twitter, but here in Mexico, he is moving full speed ahead with plans to open a giant Tesla assembly plant in the northern state of Nuevo León. Musk’s U.S-based electric car manufacturer Tesla is expected to announce in the coming
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