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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.

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.

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.

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.

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Canada’s RCMP Charge 3 Indian Men Over Sikh Leaders Murder

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Canada’s Royal Canadian Mounted Police (RCMP)  have charged three Indian men with the murder of Sikh separatist leader Hardeep Singh Nijjar last year, saying they were looking into whether the suspects had any ties to the Indian government.

Nijjar, 45, was killed in June outside a Sikh temple in Surrey, a Vancouver suburb with a sizable Sikh community. A few months later, Canadian Prime Minister Justin Trudeau alleged Indian government participation, sparking a diplomatic crisis with New Delhi.

The Royal Canadian Mounted Police identified the three individuals as Karanpreet Singh, 28, Kamalpreet Singh, 22, and Karan Brar, 22.

“We’re investigating their ties, if any, to the Indian government,” said Mandeep Mooker, an RCMP superintendent, during a televised press conference. The Indian mission in Ottawa did not reply to calls for comment from Reuters.

Nijjar was a Canadian citizen who campaigned for Khalistan, an autonomous Sikh country formed out of India.

The presence of Sikh separatist groups in Canada has long irritated New Delhi, which has dubbed Nijjar a “terrorist”.

Last Monday, the White House expressed worry over the apparent involvement of the Indian intelligence service in murder plans in Canada and the United States.

The RCMP claimed they coordinated with US law enforcement authorities, but did not provide any other information, and warned that more detentions might be forthcoming.

“The probe does not end here. We are aware that others may have been involved in this homicide, and we are committed to discovering and arresting each of these individuals,” said assistant RCMP commissioner David Teboul.

Canada-India Ties Strained

The three Indian nationals were arrested in Edmonton, Alberta, on Friday, according to police. They will arrive in British Columbia on Monday.

Trudeau revealed in September that Canadian officials were looking into accusations linking Indian government agents to the murder. New Delhi dismissed Trudeau’s allegation as ludicrous.

“We welcome the arrests, but this raises a lot of new questions,” said Balpreet Singh, legal counsel and spokeswoman for the Canada-based World Sikh Organization advocacy group.

“Those who have been arrested are part of a hit squad but it’s clear that they were directed,” he added in a telephone interview.

Canada had pressed India to participate with its probe. Last November, US authorities said that an Indian government officer orchestrated the plot to assassinate Gurpatwant Singh Pannun, a Sikh separatist and dual citizen of the United States and Canada.

“While today’s action… is a step forward, it only scratches the surface,” Pannun said in a statement, calling for action to “dismantle the networks that enable and perpetuate such crimes against Canadians on Canadian soil”.

Trudeau’s Presence at Separatist Sikh Rally Enrages India: Getty Images

India Angered Over Trudeau

Meanwhile, analysts say Prime Minister Justin Trudeau‘s move shown “no appreciation of Indian concerns in Canada,” with the apparently ill-advised travel expected to discourage New Delhi from improving relations with Ottawa.

Relations between the two sides have deteriorated in recent months as a result of allegations by Trudeau’s administration that Indian intelligence agents were involved in the 2023 murder of Canadian citizen and Sikh separatist leader Hardeep Singh Nijjar.

Nijjar was involved in the 1980s and early 1990s Khalistan movement, which sought to establish an independent Sikh nation in northern India’s Punjab state. Today, the activists are largely from the Punjabi overseas diaspora, many of whom have migrated in the North American country. India has often complained to Canada about the actions of Sikh hardliners.

According to The Times of India, Indian intelligence officials were particularly concerned about the presence of “Modi Wanted” posters purportedly placed at the Toronto rally by the secessionist group Sikhs For Justice (SFJ) in retaliation to Nijjar’s murder.

While New Delhi has frequently criticized Trudeau for failing to rein in Khalistani separatists and engaging in “vote bank politics” with the Punjabi diaspora, experts disagreed on whether the government overreacted in order to acquire votes in the ongoing Indian elections.

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Good News: The Worst Could Be Over For Gas Prices This Spring

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Israel and Iran have engaged in open conflict. Ukrainian drones have routinely targeted Russian oil refineries. And OPEC continues to restrict oil production.

These frightening occurrences sparked concerns about $4 gas, harming the US economy and exacerbating inflation.

However, this has not occurred, at least yet. Gas prices in the United States have stopped growing and dropped temporarily recently.

The national average was $3.66 per gallon on Monday, down from $3.68 a week ago, according to AAA.

There is growing anticipation that gas prices will peak in the spring, if not the entire year.

Patrick De Haan, head of petroleum analysis at GasBuddy, predicts that drivers will find relief at the pump in the coming weeks.

“I’m hoping the worst is behind us,” De Haan told CNN. Unless something drastic happens, there are increasing odds the national average has hit the projected spring peak.”

Tom Kloza, worldwide head of energy analysis at the Oil Price Information Service, believes gas prices will fall in the coming weeks.

“Most of the worries from the year’s first half have been resolved. “I think we’re safe until hurricane season,” Kloza remarked.

‘Could have been far worse.’

Of course, none of this implies that gas costs are cheap. They were lower in April 2021 and spring 2020, when Covid-19 kept many Americans off the roadways.

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The Worst Could Be Over For Gas Prices This Spring

Nonetheless, a springtime peak of less than $3.70 a gallon would be a win for consumers, considering the real risk of significantly higher gas costs.

“It could have been much worse,” said Andy Lipow, owner of the consultancy firm Lipow Oil Associates.

According to AAA, drivers in just seven US states pay $4 or more per gallon for gas. All those states are in the Western part of the country, followed by California, where the average is $5.40 per gallon, up from $4.88 last year.

The national average is nowhere near the record increase above $5 per gallon in June 2022.

“It seems evident that this will not be a record-setting year. “Filling your tank will feel much more normal this year,” said De Haan.

Economic and political ramifications.

Officials in Washington would most certainly breathe a sigh of relief.

Rising gasoline costs earlier this year led to lower-than-expected inflation readings, casting uncertainty on when the Federal Reserve will be able to decrease interest rates.

A rise in petrol prices is the last thing President Joe Biden wants as he works to persuade voters of his economic message before November. According to a new CNN poll, Biden’s support rating for the economy is 34%, and for inflation, it is even lower (29%).

The Biden administration backed off plans to buy crude oil for the US Strategic Petroleum Reserve, an emergency oil stockpile, earlier this month, adding to White House concerns over petrol costs.

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Some economists expect gas prices to rise further.

Lipow believes the national average will reach $3.75 per gallon this year.

Still, that would be lower than last year’s top of $3.88 per gallon in September.

“I’m not expecting a spike in gasoline prices,” Lipow added.

There are several reasons why gas prices are now holding steady.

First, oil prices have stopped rising. On April 12, US crude oil nearly reached $88 per barrel as investors braced for Iran’s reprisal against Israel over a suspected attack on an Iranian diplomatic complex in Syria.

However, oil prices fell when Israel and its allies effectively averted the reprisal. For now, fears of a larger confrontation in the Middle East have subsided, albeit this might alter quickly. US crude fell below $83 a barrel on Monday.

There are other seasonal aspects to consider.

The transition to more expensive summer-grade gasoline at US refineries is now complete. Similarly, the reopening of refineries that had been closed for normal maintenance has aided gasoline supplies.

Record-breaking US crude output continues to increase the oil supply. All of that US oil, headed by the Permian Basin in West Texas and New Mexico, is countering OPEC+’s production cuts, which Saudi Arabia and Russia lead.

Meanwhile, gasoline demand has remained relatively low despite other indications that American consumers are spending rapidly.

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The Worst Could Be Over For Gas Prices This Spring

The hurricane season looms.

Gas prices are at risk of reaching a double peak. That’s what happened last year, when gas prices peaked in April, fell, and then returned late in the summer as excessive heat hampered US refineries.

“Weather can wreak havoc,” said Kloza, an OPIS analyst.

A major hurricane that destroys oil facilities along the US Gulf Coast is the greater risk.

Forecasters warn that the hurricane season (which normally begins on June 1) will be extremely active. Colorado State University predicts more hurricanes and named storms than ever before.

“Hurricane season is the next major hurdle,” Kloza stated.

SOURCE – (CNN)

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An AI-Controlled Fighter Jet Took The Air Force Leader For 1st Historic Ride. What That Means For War

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Edwards Air Force Base, California:

With the midday sun shining, an experimental orange and white F-16 fighter jet took off with the thunderous roar that is a trademark of US airpower. However, the aerial fight that followed was unlike any other: this F-16 was commanded by artificial intelligence rather than a human pilot. Air Force Secretary Frank Kendall was riding in the front seat.

AI is one of the most significant improvements in military aviation since the advent of stealth in the early 1990s, and the Air Force has avidly pursued it. Even though the technology has yet to completely mature, the service intends to deploy an AI-enabled fleet of over 1,000 unmanned warplanes, the first of which will be operational by 2028.

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An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

It was fitting that the dogfight took place at Edwards Air Force Base, a massive desert complex where Chuck Yeager broke the sound barrier, and the military has developed its most secret aeronautical technologies. Inside classified simulators and buildings with layers of surveillance protection, a new breed of test pilots is teaching AI bots to fly in combat. Kendall came here to witness AI fly in real time and express public confidence in its future role in air warfare.

“Not having it presents a security concern. “At this point, we have to have it,” Kendall told The Associated Press after landing. The Associated Press and NBC were allowed permission to see the secret flight on the condition that it be disclosed when it was completed due to operational security concerns.

Kendall was flown in lightning-fast maneuvers at almost 550 miles per hour by the AI-controlled F-16 Vista, which exerted five times the force of gravity on his body. It nearly collided with a second human-piloted F-16 as the two aircraft raced within 1,000 feet of one other, turning and looping to drive their opponent into vulnerable positions.

Kendall grinned as he climbed out of the cockpit at the end of the hour-long flight. He stated that he had seen enough throughout his flight to trust this still-learning AI with the decision to unleash weapons.

That proposition is met with strong hostility. Arms control specialists and humanitarian groups are profoundly afraid that AI will one day be able to drop bombs that kill people without human intervention, and they are calling for tighter controls on its usage.

“There are widespread and serious concerns about ceding life-and-death decisions to sensors and software,” the International Committee of the Red Cross has cautioned. Self-propelled weapons “are an immediate cause of concern and demand an urgent, international political response.”

The military’s transition to AI-powered aircraft is motivated by security, cost, and strategic capability. If the United States and China engage in battle, today’s Air Force fleet of pricey, manned fighters will be vulnerable due to advances in electronic warfare, space, and air defense systems. China’s air force is on track to outnumber the United States and is also developing a fleet of flying unmanned weapons.

Future war scenarios involve swarms of American unmanned aircraft offering an advance attack on enemy defenses, allowing the US to infiltrate airspace without putting pilot lives at risk. However, money plays a role in the transition. The Air Force is still dealing with production delays and cost overruns on the F-35 Joint Strike Fighter, expected to cost $1.7 trillion.

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An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

Kendall believes that smaller, cheaper AI-controlled unmanned jets are the way forward.Vista’s military operators claim that no other country in the world has an AI jet like it, in which the software first learns from millions of data points in a simulator before testing its conclusions during actual flights. The real-world performance data is then fed into the simulator, where the AI processes it to learn further.

China possesses AI, but there is no evidence that it has developed a mechanism to conduct experiments outside a simulator. According to Vista’s test pilots, some lessons can only be taught in the air, similar to a junior officer learning tactics for the first time.“It’s all guesswork,” chief test pilot Bill Gray remarked until you fly. “And the longer it takes you to figure that out, the longer it takes before you have useful systems.”

Vista conducted its first AI-controlled battle in September 2023, with only roughly two dozen similar flights after that. However, the computers learn so swiftly with each battle that certain AI versions tested on Vista outperform human pilots in air-to-air combat.

AP – VOR News Image

An AI-Controlled Fighter Jet Took The Air Force Leader For A Historic Ride. What That Means For War

The pilots at this base know that they may be educating their successors or defining a future structure in which fewer of them are required.

However, they also state that they would only want to be in the air against an adversary with AI-controlled aircraft if the United States had its own fleet.

“We need to keep running. Kendall remarked, “And we have to run fast.”

SOURCE – (AP)

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