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Tesla to invest US$5bn in Mexico plant

Summary by Ground News
Tesla's next vehicle assembly plant will be in Mexico near Monterrey. CEO Elon Musk: "We're super excited about it" The company currently has capacity to build about 2 million cars a year at four factories. It has set a goal of eventually building 20 million vehicles a year.

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Gulf Business broke the news in on Wednesday, March 1, 2023.
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