Mexico's northern state of Nuevo Leon approved $153 million in incentives for Tesla as the carmaker prepares to build a factory, the state government said in a statement on Thursday.

Electric automaker Tesla has received land-use permits from Mexico's federal environment ministry to build a planned "gigafactory" in the northern border state of Nuevo Leon, the state government ...

Tesla announced it would be building a new factory in the Mexican state of Nuevo León, just across the U.S. border last year. Now, however, those plans seem to have stalled out, all thanks to the ...

Tesla's Mexico plant will join its auto manufacturing facilities in California, Texas, Germany, China—as well as its gigafactories in Nevada and New York that produce components and batteries.

Nuevo Leon Gov. Samuel Garcia envisioned Tesla shipping the first vehicles from its Mexico facility as soon as next year. Now, it’s unclear whether the plant will open even in 2025.

Tesla’s new factory in the Mexican state of Nuevo León will cost $5 billion, will employ up to 7,000 people and could start churning out cars as early as next year, the state’s governor said ...