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TESLA: Mexican States In Hot Competition Over Possible Tesla Plant

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MEXICO CITY — Mexico’s states are vying with each other to get a possible Tesla factory. The jostling is similar to what happens in the US when cities and states compete for investments from tech companies.

Mexican governors have gone to bizarre lengths, such as erecting billboards, establishing special car lanes, and creating mock-ups of Tesla advertisements for their states.

Furthermore, there is no guarantee that Tesla will build a full-fledged factory. Nothing has been announced, and the excitement stems primarily from Mexican officials stating that Tesla CEO Elon Musk will speak with Mexican President Andrés Manuel López Obrador shortly.

Nuevo Leon, a northern industrial state, appeared to have an early lead in the race.

Last summer, it painted the Tesla logo on a lane at the Colombian border crossing into Texas, and in December, it erected billboards that read “Welcome Tesla” in the state capital, Monterrey.

Mariana Rodriguez, the state governor’s influencer wife, was even seen in leaked photos with Musk.

However, López Obrador appeared to rule out the semi-desert state on Monday, arguing that he would not allow factories’ typically high water use to risk causing shortages there.

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there is no guarantee that Tesla will build a full-fledged factory

This sparked a feeding frenzy among other Mexican states, akin to piranha tank feeding time. The governors’ proposals ranged from clever to nearly comical.

“Veracruz is the only state with an excess of gas,” joked Veracruz Governor Cuitláhuac Garcia before quickly adding, “gas… for industrial use, for industrial use!”

Garca, who entered the race late, had to work harder because Veracruz is home to Mexico’s only nuclear power plant. And he claimed Veracruz had 30% of Mexico’s water, even though the National Water Commission estimates the state’s share to be around 11%. It turns out that water is thicker than blood.

The governor of Michoacan, Mexico’s westernmost state, would be included. Gov. Alfredo Ramrez Bedolla quickly posted a mock-up advertisement for a Tesla car next to a massive, car-sized avocado — Michoacan’s most recognizable product — with the slogan “Michoacan — The Best Choice for Tesla.”

“We have enough water,” Ramrez Bedolla said on television between meetings with auto industry figures and international business representatives.

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Amazon talked about building its headquarters.

Michoacan is also beleaguered by drug cartel violence. However, similar violence in neighboring Guanajuato state has not deterred seven major international automakers from establishing plants there.

Gov. of Nuevo Leon. Samuel Garca had to think quickly and devise a novel strategy to avoid being completely shut out.

Garca reached out to the governor of Jalisco, Enrique Alfaro, a member of the same small Citizen’s Movement party. Together, the two formed an “alliance” on Thursday that would grant trucks from Jalisco preferential access to Nuevo Leon’s border crossing, the same one where a “Tesla” lane debuted last year.

Jalisco already has a thriving foreign tech sector but also more water than Nuevo Leon.

The two appeared to be trying to be nice. “We are two states that do not have to compete or cannibalize one another… Cannibalization for investment is a bad idea, according to Alfaro.

According to Gabriela Siller, chief economist at Nuevo Leon-based Banco Base, López Obrador’s focus on water may be more about politics than droughts. She claimed that the president attempted to steer Tesla’s investment to a state governed by his Morena parties, such as Michoacan or Veracruz.

That could be a risky game, according to Siller.

“Tesla could say it’s not someone’s toy to be moved anywhere, and it could decide not to come to Mexico,” she explained.

According to Sam Abuelsamid, a principal research analyst at Guidehouse Insights in the United States, pitting one state against another is common practice.

“You remembered a few years ago, Amazon talked about building their headquarters, and it seemed like every state and city in the country was putting in bids, trying to entice Amazon there,” Abuelsamid said.

Some wonder if whatever Musk announces will be an auto assembly plant. According to Foreign Relations Secretary Marcelo Ebrard, it will not be a plant but an “ecosystem” of suppliers.

Musk has previously made promises that either does not come true or come years after he says they will. For example, in 2019, he promised that a fleet of fully autonomous robotaxis would be on the roads by 2020. Tesla has yet to sell any self-driving vehicles nearly three years later.

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Musk has mentioned building a $25,000 electric vehicle that would cost about $20,000 less

While there has been little talk of subsidies in Mexico thus far, many automakers have received significant incentives to build plants in Mexico. Such a race can be costly.

“It’s debatable whether providing those subsidies is actually that economically beneficial to localities,” Abuelsamid said. “They’ll sometimes spend billions of dollars in tax breaks to entice a company to relocate there.”

Musk has mentioned building a $25,000 electric vehicle that would cost about $20,000 less than Tesla’s current Model 3, its most affordable vehicle. Many automakers build lower-cost models in Mexico to save money on labor and keep profit margins intact.

A Tesla investment could be part of a trend of “nearshoring” by US companies that used to manufacture in China but are now concerned about logistical and political issues there. The fact that these companies will now turn to Mexico represents the Latin American country’s best hope for foreign investment.

“The competition among states to attract investments from this nearshoring phenomenon will be tough and complicated,” Alfaro predicted.

Ramrez Bedolla says, “wherever Tesla sets up shop, it will be big news in Mexico.”

SOURCE – (AP)

 

 

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

Politics

G7 Warns Of New Sanctions Against Iran As World Reacts To Apparent Israeli Drone Attack

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Paris police find no weapons on a man detained at Iran’s consulate.

Police said Friday that they discovered no weapons on a man held at the Iranian consulate in Paris after responding to a report of a suspicious man carrying a grenade and an explosives vest.

A Paris police spokesperson told The Associated Press that authorities were verifying the man’s identity but discovered no such weapons on him or in his car.

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AP News – VOR News Image

G7 Warns Of New Sanctions Against Iran As World Reacts To Apparent Israeli Drone Attack

The official spoke on the condition of anonymity because he is not permitted to be publicly identified under police procedure.

Some of the police, special agents, and firefighters who rushed to the situation at the consulate were later spotted leaving the area after being arrested. A police cordon remained in place, although traffic had resumed in the area.

According to the official, the individual was observed late Friday morning, and police initiated a special operation as soon as they were notified.

The event occurred at a time of heightened tensions in the Middle East, as Paris prepares to host the summer Olympics.

The director of the United Nations’ nuclear inspector says there was no damage to the Isfahan nuclear facility following a purported Israeli drone attack on a major air base near the Iranian city.

When asked about the nuclear facility on Sky News, International Atomic Energy Agency Director-General Rafael Mariano Grossi stated, “There hasn’t been any damage at the site or anything that would indicate that (there) were hits nearby or something that could lead you to believe that there was an intention to reach these places.”

The Isfahan facility has three small research reactors supplied by China, as well as fuel production and other activities for Iran’s civilian nuclear program.

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G7 Warns Of New Sanctions Against Iran As World Reacts To Apparent Israeli Drone Attack

Isfahan also contains locations related with Iran’s nuclear program, such as the subterranean Natanz enrichment facility, which has been frequently attacked by suspected Israeli sabotage strikes.

Iranian authorities claim that air defenses fired on a key air base in Isfahan, which has long housed Iran’s fleet of American-made F-14 Tomcats, purchased prior to the 1979 Islamic Revolution.

Missile remnants were discovered Friday near Latifiya, southwest of Baghdad.

An official with an Iranian-backed militia in Iraq, who spoke on the condition of anonymity because he was not authorized to speak with journalists, said the missile was shot down due to jamming efforts. The Iraqi army lacks jamming systems similar to those used to destroy the rocket, but Iran has handed such gear to its allied militias.

It was unclear whether the rocket was part of an Israeli attack on Iran or last weekend’s Iranian attack on Israel. Local media images of the site showed what seemed to be an air-to-surface missile. There were no reports of Iran firing air-to-surface missiles during Saturday’s onslaught, which comprised over 300 drones, ballistic missiles, and cruise missiles.

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G7 Warns Of New Sanctions Against Iran As World Reacts To Apparent Israeli Drone Attack

Tehran launched the attack in response to a purported Israeli strike in Syria on April 1, which killed two Iranian generals in an Iranian consulate building.

SOURCE (AP)

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Police Arrest Six People Over US$14.5 Million Gold Heist in Canada

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Gold Heist in Canada
Largest Gold Heist in Canadian History: File Photo

Six people have been arrested, including a jeweler and a commercial airline employee, and police have issued warrants for three more suspects in connection with what they say the single-largest gold robbery in Canadian history.

According to Peel Regional Police in Ontario, a joint investigation with the United States Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) resulted in the filing of nearly two dozen charges against the suspects in connection with the nearly $20 million Canadian dollar ($14.5 million) heist that occurred a year ago.

During a news conference in Ontario on Wednesday, Peel Regional Police Detective-Sergeant Mike Mavity told reporters that 400 kilograms of gold bars weighing more than 900 pounds, as well as approximately CA$2.5 million ($1.8 million) in stolen bank notes, were hijacked at Toronto Pearson International Airport after arriving on a commercial flight from Europe.

In total, 6,600 gold bars of various sizes were stolen, each of which was “99.9% pure and contained individualized serial numbers,” according to Mavity.

Gold Heist Air Canada

Gold Was in Hull of Air Canada aeroplane: File Photo

According to Peel Regional Police in Ontario, a joint investigation with the United States Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) resulted in nearly two dozen charges being filed against the suspects in connection with the nearly $20 million Canadian dollar heist that occurred on April 17, 2023.

On April 17, 2023, the gold and money were loaded into the hull of an Air Canada flight in “an approved airline container” bound for Toronto.

At 3:56 p.m. same day, the flight arrived at Toronto Pearson International Airport, and the gold and cash were quickly removed from the aircraft and transported to an Air Canada facility.

At 6:32 p.m., a man suspect came at air can freight driving a 5-ton truck and approached the property with what police called a counterfeit airway bill, a document used by carriers to track shipments.

Shortly after, a forklift arrived and loaded the item into the suspect’s truck. The suspect then drove off.

fake shipping bill

Fake Shipping Bill: Photo Peel Police

According to a police press release, officials discovered the document bill at 2:43 a.m. the next day to be a duplicate of an airline bill for a valid shipment of fish delivered and picked up the day before.

According to Mavity, the fake bill was produced at the Air Canada facility, and when officials discovered the products were gone, they used security footage to monitor part of the suspect’s subsequent trip until losing track of the truck in north Milton, an Ontario suburb.

Police stated that the crime was an inside operation and that a former Air Canada manager was wanted in the case.

So far police said they have arrested the following suspects in connection to the gold heist case:

  • Air Canada employee Parmpal Sidhu, 54, of Ontario
  • Jewelry store owner Ali Raza, 37, of Toronto
  • Amit Jalota, 40, of Ontario
  • Ammad Chaudhary, 43, of Ontario
  • Prasath Paramalingam, 35, of Ontario

All five were released on bail and are scheduled to appear in court at a later date, Mavity said.

The truck driver who allegedly picked up the gold, Durante King-Mclean, 25 of Ontario, is currently in custody in the U.S. on firearms and trafficking related charges.

Here are the suspects at large:

  • Air Canada manager Simran Preet Panesar, 31, of Ontario
  • Archit Grover, 36, of Ontario
  • Arsalan Chaudhary, 42, of Ontario

Only CA$90,000 ($65,000) of the more than CA$20 million recovered, said to Peel Regional Deputy Chief Nick Milinovich.

According to US Today, U.S. ATF Special Agent Eric DeGree, King-Mclean was detained in Pennsylvania following a traffic stop that resulted in the seizure of 65 illicit guns destined for Canada. According to DeGree, King-Mclean attempted to flee after police discovered the firearms in a rental car he was driving.

According to Air Canada spokesman Peter Fitzpatrick, two of the individuals identified by police worked for the airline’s cargo division at the time of the crime.

“One left the company prior to the arrests announced today, and the second has been suspended,” he stated, according to the site. “Because matter is now before the courts, we are unable to speak further.

According to the announcement, only about CA $90,000 (one kilogram of gold) has been found and melted down into bangle bracelets. According to authorities, the remaining gold was most likely melted down and used to purchase illicit weaponry.

“I commend our investigators, the ATF, other law enforcement partners, and our community for working together to identify and arrest those responsible for this brazen crime,” Peel Regional Police Chief Nishan Duraiappah said in a statement this week.

Anyone with information regarding the case should contact Peel Regional Police.

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2023: Poland Arrests Man Suspected Of Spying For Russia To Aid Zelenskyy Assassination Plot

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NDTV - VOR News Image

WARSAW, Poland – A Polish man has been arrested on suspicion of preparing to spy for Russia’s military intelligence in an alleged plot to assassinate Ukraine’s President Volodymyr Zelenskyy, Polish prosecutors said Thursday.

According to a statement released by Poland’s National Prosecutor’s Office, the individual, known only as Pawel K. under Polish privacy regulations, was accused of preparing to transmit airport security information to Russian agents and was arrested in Poland on Wednesday.

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AP News Image

Poland Arrests Man Suspected Of Spying For Russia To Aid Zelenskyy Assassination Plot

The man was looking for contact with Russians directly involved in the war in Ukraine and was expected to provide detailed information about the Rzeszow-Jasionka airport in south-east Poland, near the Ukrainian border, which serves as the gateway for international military and humanitarian supplies to Ukraine. It also caters to leaders and politicians traveling in and out of Ukraine. The airport is controlled by US soldiers.

If convicted, the guy faces up to eight years in prison, according to the statement.

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AP News – VOR News

Poland Arrests Man Suspected Of Spying For Russia To Aid Zelenskyy Assassination Plot

The prosecutors claimed that close cooperation with Ukrainian prosecutors and security agencies, who tipped them off and provided crucial evidence, made the arrest possible. They stated the case is progressing.

On Thursday, prosecutors in Germany announced the arrest of two German-Russian individuals on suspicion of espionage, with one accused of agreeing to carry out assaults on potential targets, including US military bases, in the hopes of damaging supplies to Ukraine.

Dieter S. and Alexander J. were arrested Wednesday in Bayreuth, Bavaria, according to German federal authorities.

Since Moscow initiated its campaign on Ukraine in February 2022, several persons have been arrested in Poland on suspicion of spying for Russia, including a dual Russian-Spanish citizen.

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CNN – Vor News Image

Poland Arrests Man Suspected Of Spying For Russia To Aid Zelenskyy Assassination Plot

Poland, a European Union member, has been a loyal backer of neighboring Ukraine and Zelenskyy in their fight against Russia’s aggression for more than two years.

SOURCE – (AP)

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