Tesla will spend $10 billion making Giga Mexico its biggest factory

With the Gigafactory in Mexico now officially confirmed, new details are emerging slowly. The new factory will be built in Monterrey, Mexico, only 383 miles from Giga Texas. While all the factories built by Tesla are simply huge by any standards, Giga Mexico will be in a league of its own.

Giga Texas is sitting on a site of 2,500 acres but the new Giga Mexico is going to take that up a notch. The site designated for the factory spans 4,200 acres which makes it even larger than the entire site of Giga Nevada with its 2,864 acres of land. In fact, if we take only currently existing buildings into account, Giga Mexico will be nearly as large as all Tesla’s factories put together.

The company will initially spend $5 billion and employ up to 5,000 workers during the construction phase. The total investment, according to various reports, is $10 billion with a target of 10,000 workers. That represents a huge opportunity for just over a million people living in Monterrey.

The land for the factory is in a process of being purchased, the green light for development has been given after Elon Musk ensured that the factory will only use recycled water for production which was a stumbling block, State of Nuevo Leon suffers from drought and last year was especially difficult with many families going without water for weeks.

The groundbreaking ceremony is expected to take place within the next three months and during the event, Tesla will unveil which vehicles will be manufactured at the Giga Mexico. Will we finally see the Tesla Model 2?

Via