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

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

MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, 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.

(Reporting by Kylie Madry; Editing by David Alire Garcia)

Crude Oil Price Forecast – Crude Oil Markets Sit StillUSD/JPY Forecast – US Dollar Dips Slightly on TuesdayGBP/JPY Forecast – British Pound Continues to Threaten ResistanceAUDUSD Forecast – Australian Dollar Threatens to Break Above ResistanceThe Interconnected Impact of US Inflation: Driving the Dollar, Shaping USDJPY, and Influencing GoldGold Price Forecast – Gold Markets Bounce From the 50-Day EMALoadingLoadingLoading