Tesla posted a fourth-quarter net profit of $3.7 billion, a 59 percent increase from the same time in 2021.
The company is eyeing an industrial park in development near Felipe Angeles International Airport, which opened last year, Mexican presidential spokesman Jesus Ramirez told the Reuters news service., Ramirez said, noting the site could provide a base for the Austin-based automaker to export by air.
Musk has been expanding his various business ventures in Central and South Texas, including new sites for operations of Tesla, SpaceX, The Boring Co. and Neuralink. Last year he discussed Tesla’s expansion, hinting at building between 10 and 12 new gigafactories like one near Austin.
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