Tesla ‘Considering’ Next Factory in Canada and Mexico: Report

Tesla appears to be considering its next factory to be somewhere in North America, according to Elon Musk at the company’s recent company-wide meeting.

According to Electrek, the site obtained an audio recording of the meeting, and when Elon Musk was asked where the next factory would be located in the U.S., he said it wasn’t decided yet. But he then hinted it could be outside the U.S. as well, specifically mentioning Canada and Mexico:

“We are looking at sites, but we are considering some sites options more broadly in North America, so including Canada and Mexico, and the US as well,” said Musk, according to the audio recording.

Musk said the priority for Tesla was ramping up Giga Texas to volume production, where the Model Y with 4680 battery cells is being produced.

Mexico is known to be home to many auto manufacturing plants for traditional automakers, and Canada as well. It remains to be seen if a Canadian or Mexican plant would fit Tesla’s fast-paced vision of production. The $1.1 billion Giga Texas factory was completed in April of this year, after construction started back in July 2020, taking less than two years for the building to be fully opened and functioning.