Elon Musk eyes potential investment in Mexico

Elon Musk is considering an investment in the Mexican state of Nuevo Leon, which borders Texas.

The head of Tesla recently met with the governor of Nuevo León, Samuel Garcia Sepulveda, and other local officials and Ken Salazar, the U.S. ambassador to Mexico.

Musk is particularly interested in Santa Catarina, a municipality on the outskirts of the state capital, Monterrey, one of Mexico’s largest and highest-income cities.

Internal sources did not reveal what the billionaire’s potential investment might involve.

Mexican media initially reported Musk’s visit to Nuevo Leon.

According to an August announcement by the state government, Austin, Texas-based Tesla has a dedicated lane at the U.S.-Mexico border crossing in Nuevo León to facilitate trade for local suppliers.

With information from Latina Press

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