Tesla Is Considering Making New Mexico Factory Bigger Than Planned; Environmental Permits For Tesla Mexico Construction Could Be Ready In Weeks; Tesla Working To Finish Design, Architecture And Engineering Plans For Mexico Factory
Portfolio Pulse from Benzinga Newsdesk
Tesla is considering expanding its planned factory in New Mexico, with environmental permits for construction potentially ready within weeks. The company is currently finalizing design, architecture, and engineering plans for the factory, according to Nuevo Leon's Economy Minister.
October 05, 2023 | 7:27 pm
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Tesla's potential factory expansion in New Mexico could increase its production capacity, potentially boosting its revenue and profitability.
The expansion of Tesla's factory in New Mexico could increase its production capacity, which could lead to increased sales and revenue. This could positively impact Tesla's stock price in the short term.
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