Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

Mexico's top diplomat says met with Tesla brass, 'good news' imminent

Published 02/14/2023, 02:29 PM
Updated 02/14/2023, 02:31 PM
© Reuters. FILE PHOTO: Mexican Foreign Secretary Marcelo Ebrard  speaks ahead of a meeting with U.S. Secretary of State Antony Blinken  in the Treaty Room of the State Department in Washington, DC, U.S. December 16, 2022. Olivier Douliery/Pool via REUTERS
TSLA
-

MEXICO CITY (Reuters) - Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla (NASDAQ:TSLA), teasing that "good news" is on the way, as speculation runs high over expected high-stakes investment decisions.

Ebrard met with Rohan Patel, Tesla's senior global director of public policy and business development, and Eugenio Grandio, director of business development and policy for Latin America, Mexico's senior diplomat wrote in a post on Twitter.

He did not go into further detail over what Tesla announcements are imminent.

    Two local locations are primed for a potential Tesla plant, the country's president said last week, which would mark a major advance for Mexico's well-established auto sector.

The Mexican government has recently been pushing international automakers to expand electric vehicle production. Ebrard told Reuters earlier this month that Mexico was gearing up to build several manufacturing hubs for electric vehicles across the country.

Latest comments

425
boom! to the moon
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.