Tesla Starts Hiring For Mexico Gigafactory

Tesla Inc. TSLA has commenced recruitment for Giga Mexico, the EV giant’s latest flagship Gigafactory in Nuevo Leon.

What Happened: Job postings on Tesla’s career website showed the EV maker has commenced hiring for its new and upcoming Mexico Gigafactory.

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Tesla is forming various teams in finance and business operations and is actively hiring for several positions, including manager in IT Operations. For it’s logistics and distributing part of the business, the EV maker is looking to fill a Logistics Analyst’s position along with engineers for Failure Analysis.

The company is also actively looking for managerial and associate positions across multiple designations.

On Tesla’s Investor Day last week, CEO Elon Musk announced the new Gigafactory near the Mexican city of Monterrey.

Tesla’s official Twitter handle confirmed the announcement with the tweet, "Our next Gigafactory will be in Mexico, manufacturing our next-gen vehicle." The tweet also carried a conceptual image of the Gigafactory.

Tesla’s proposed factory in Mexico will likely come up in a record time of of nine months from the start of construction to the first deliveries, said Samuel Garcia, Governor of the Nuevo León, citing Tesla executive Tom Zhu. In the process, it aims to beat the previous record set by the Giga Shanghai factory in China.

Earlier on Monday, Tesla lowered the prices of its Model X and Model S vehicles in the U.S. with the reductions ranging from 4.4% to 9.1%

Price Action: Shares in Tesla fell nearly 0.1% in extended trading after closing at $197.79 on March 3rd, according to data from Benzinga Pro.

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