Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and states vying to win investments from tech companies.
MEXICO CITY — Mexico is undergoing a fevered competition among states to win a potential Tesla facility
The state governor’s influencer wife, Mariana Rodriguez, was even shown in leaked photos at a get-together with Musk. A late-comer to the race, Garcia had to try harder: He noted Veracruz was home to Mexico’s only nuclear power plant. And he claimed Veracruz had 30% of Mexico’s water, though the National Water Commission puts the state’s share at around 11%. Water, it turns out, is thicker than blood.
Nuevo Leon Gov. Samuel Garcia had to think fast to avoid being shut out entirely, and came up with a novel strategy. López Obrador’s focus on water might be more about politics than about droughts, said Gabriela Siller, chief economist at Nuevo Leon-based Banco Base. She said the president appeared to be trying to steer Tesla investment to a state governed by his own Morena party, like Michoacan or Veracruz.“Tesla could say it’s not somebody’s toy to be moved around anywhere, and it could decide not to come to Mexico,” she said.
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