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[Understand Che Di Original Industry] Recently, according to local Mexican media Reforma, Tesla will announce plans to build a super factory in the northern Mexican state of Nuevo Leon (Nuevo Leon) as early as this Friday (December 23), and the initial investment in the new factory will be between 800 million and 1 billion US dollars.
In addition, multiple people familiar with the matter revealed that taking into account future business expansion plans, the total investment in Tesla's new Mexican factory may eventually reach 10 billion US dollars..

Tesla will invest more than 10 billion US dollars in the Mexican factory.
According to foreign media reports, Tesla’s proposed new factory in Mexico will be located in the suburbs of Monterey (Monterrey). After it is completed, will initially produce parts for Tesla’s existing models, and may later produce a brand new model. The production cost will be lower than other factories.
According to Reforma reports, if Tesla does not announce plans to build a factory in Mexico on December 23, the announcement will be postponed to January next year.

Tesla’s Berlin Gigafactory was officially put into production in March this year. It is also Tesla’s fourth Gigafactory in the world.
In fact, there have been warnings that Tesla’s next Gigafactory will be located in Mexico. In June this year, at a Tesla all-employee meeting, when it came to the location of the new factory, Tesla CEO Musk once revealed that "Tesla's new factory in North America may not necessarily be located in the United States, but may consider building a factory in Canada or Mexico."
It is reported that in October, Musk had visited Nuevo Leon, Mexico, which borders Texas, the United States. According to people familiar with the matter, Musk has met with Nuevo León Governor Samuel Garcia and U.S. Ambassador to Mexico Ken Salazar.

Tesla CEO Musk
It is worth mentioning that in October this year, at Tesla’s third quarter financial report meeting, Musk mentioned that “the cost of the new generation platform products will be higher than the current Model 3 and Model Y will be reduced by 50%, and the output will exceed the sum of other Tesla models." Then in November, Musk once again stated at the Indonesian Group of 20 Business Summit (B20) that Tesla was considering producing cheaper cars.

China Shanghai Gigafactory
Although from the current stage, Tesla currently has a layout of four Gigafactories with the Fremont Factory in California and the Shanghai Gigafactory in China operating at full speed, plus the Berlin Gigafactory in Germany and the Texas Gigafactory in the United States. But in fact, if you take a closer look at the design production capacity of these factories, you will find that the "gap" is still large.
According to the final goal plan, Tesla will achieve the annual sales target of 20 million vehicles in 2030. In addition, Tesla will build 10 to 12 Gigafactories around the world, with each Gigafactory's annual production capacity expected to reach 1.5 million to 2 million vehicles.