Tesla may officially announce its newest facility, located in Mexico, as soon as next week.
Tesla has maintained an incredibly aggressive growth target for years now; 50% growth year over year. And amazingly, the company has achieved this goal quite consistently. To keep up with demand, the American automaker is looking to open yet another manufacturing facility. According to Reuters, it could be officially announced as soon as next week.
Tesla’s upcoming Mexico facility was reported earlier this week after the company reportedly purchased land in the country. The new facility, located in Nuevo Leon, is in one of Mexico’s northeastern states, just north of Monterrey. Prior to this land deal, Tesla CEO Elon Musk had met with the Mexican State’s Governor, Samuel García, and U.S. Ambassador to Mexico, Ken Salazar.
Details on the new facility remain murky. It is unclear what the new facility would produce, when it would come online, or which markets the facility would serve. Still, many see it as a fantastic opportunity for growth.
A Tesla manufacturing facility in Mexico is excellent news for multiple reasons. Foremost, with added manufacturing capacity on the continent, Tesla can more easily meet the demand for its vehicles, which has consistently been a problem over the past year. Further, it may grant Tesla better access to the car market of Mexico, which, while not nearly the size of the United States, is a sizable market poised for electrification. Finally, it could give Tesla the ability to deliver vehicles to underserved markets south of Mexico, including in Central America and South America.
Tesla has not been entirely absent from the Mexican car market, far from it. The carmaker has slowly but surely expanded Supercharger and destination charging locations south of the border, and has even established its own lane at the U.S. border crossing for quick hops across.
This news comes at a low point for Tesla stock, and Tesla investors may see this new facility as a positive sign heading into the new year. And while the news of a new production center may not rally the stock back to its previous highs, it could combat the pessimism surrounding the stock over the past few months.
It will be exhilarating to hear any information released by Tesla or Elon Musk in the coming week(s) regarding the upcoming Mexico facility, especially as it brings a healthy dose of cautious optimism to Tesla fans and investors.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
Energy
Tesla Energy is the world’s top global battery storage system provider again
Tesla Energy captured 15% of the battery storage segment’s global market share in 2024.

Tesla Energy held its top position in the global battery energy storage system (BESS) integrator market for the second consecutive year, capturing 15% of global market share in 2024, as per Wood Mackenzie’s latest rankings.
Tesla Energy’s lead, however, is shrinking, as Chinese competitors like Sungrow are steadily increasing their global footprint, particularly in European markets.
Tesla Energy dominates in North America, but its lead is narrowing globally
Tesla Energy retained its leadership in the North American market with a commanding 39% share in 2024. Sungrow, though still ranked second in the region, saw its share drop from 17% to 10%. Powin took third place, even if the company itself filed for bankruptcy earlier this year, as noted in a Solar Power World report.
On the global stage, Tesla Energy’s lead over Sungrow shrank from four points in 2023 to just one in 2024, indicating intensifying competition. Chinese firm CRRC came in third worldwide with an 8% share.
Wood Mackenzie ranked vendors based on MWh shipments with recognized revenue in 2024. According to analyst Kevin Shang, “Competition among established BESS integrators remains incredibly intense. Seven of the top 10 vendors last year struggled to expand their market share, remaining either unchanged or declining.”

Chinese integrators surge in Europe, falter in U.S.
China’s influence on the BESS market continues to grow, with seven of the global top 10 BESS integrators now headquartered in the country. Chinese companies saw a 67% year-over-year increase in European market share, and four of the top 10 BESS vendors in Europe are now based in China. In contrast, Chinese companies’ market share in North America dropped more than 30%, from 23% to 16% amid Tesla Energy’s momentum and the Trump administration’s policies.
Wood Mackenzie noted that success in the global BESS space will hinge on companies’ ability to adapt to divergent regulations and geopolitical headwinds. “The global BESS integrator landscape is becoming increasingly complex, with regional trade policies and geopolitical tensions reshaping competitive dynamics,” Shang noted, pointing to Tesla’s maintained lead and the rapid ascent of Chinese rivals as signs of a shifting industry balance.
“While Tesla maintains its global leadership, the rapid rise of Chinese integrators in Europe and their dominance in emerging markets like the Middle East signals a fundamental shift in the industry. Success will increasingly depend on companies’ ability to navigate diverse regulatory environments, adapt to local market requirements, and maintain competitive cost structures across multiple regions,” the analyst added.
News
SpaceX starts offering Starship services for Mars, and it already has its first customer
SpaceX has started offering Starship services to Mars, and it has its first customer already.

SpaceX is yet to master its Starship spacecraft, but the company is already planning several steps ahead. As per recent updates from company leadership, SpaceX has started offering Starship services to Mars, and it has its first customer already.
Starship Updates
SpaceX President and COO Gwynne Shotwell recently posted an update about SpaceX’s Starship program on social media platform X. As per the executive, the private space company is now “offering Startup services to the red planet.” Shotwell also noted that SpaceX is working with the Italian Space Agency on an agreement.
Italian Space Agency President Teodoro Valente shared his excitement for the project in a post on X. As per Valente, the payloads in the mission would be gathering scientific data from Mars.
“Italy is going to Mars! @ASI_Spazio and @SpaceX have signed a first-of-its-kind agreement to carry Italian experiments on the first Starship flights to Mars with customers. The payloads will gather scientific data during the missions. Italy continues to lead in space exploration!” Valente wrote in his post.
Next Starship Flight
SpaceX is currently making preparations for the launch of Starship Flight 10, which is expected to be held sometime this August, as per previous comments from CEO Elon Musk. At the end of July, SpaceX fired up its Starship Upper Stage on its South Texas launch site. This ship is the second that SpaceX has earmarked for Flight 10, as noted in a Space.com report, since the first exploded on a test stand on June 18 just before a planned static fire test.
A fully-stacked Starship first took to the skies in April 2023. Unfortunately, the last three missions this year, which were launched in January, March, and May, all ended with the upper stage experiencing a Rapid Unscheduled Disassembly (RUD) before its planned splashdown in the Indian Ocean.
News
Tesla Bay Area autonomous fleet to grow to over 100 units: Elon Musk
Tesla is currently working to expand its fleet for its Bay Area pilot.

Tesla seems determined to provide autonomous ride-hailing services to regular customers in the Bay Area. As per Elon Musk in recent comments on social media platform X, Tesla is currently working to expand its fleet for its Bay Area pilot, which should allow the company to provide ride-hailing services to more customers.
Tesla Robotaxi Bay Area rollout
At the end of last month, Tesla launched its Robotaxi service in the Bay Area. The Bay Area geofence for Tesla’s Robotaxi pilot is massive, dwarfing the Austin geofence’s current 80 square miles. Customers who opt for a ride from one end of the Bay Area geofence to the other could expect to travel about 65 miles, a 1 hour 15 minute commute.
Tesla, however, has been careful not to brand its ride-hailing service in the Bay Area as a Robotaxi pilot. Unlike in Austin, Tesla’s pilot in the Bay Area also uses a safety driver in the driver’s seat. Elon Musk mentioned on X that Tesla has to be careful not to use the words “taxi” or “cab” in California to describe its current pilot.
Bay Area fleet expansion
Apart from his comment about the Bay Area pilot’s name, Elon Musk also noted that Tesla is looking to expand its fleet in its ongoing pilot. As per the CEO, Tesla is currently “working as quickly as possible to get 100+ Teslas operating for autonomous ride-hailing in the Bay Area.” Musk stated that this expansion should allow “anyone to request a ride.”
While the Tesla Robotaxi pilot in Austin and the Bay Area are still only in their initial stages, they are growing very quickly. The Austin geofence was expanded weeks into its launch, and expectations are high that another expansion will be coming soon. With more autonomous cars available in the Bay Area soon, Tesla’s ride-hailing service could very well become a common sight on public roads sooner than expected.
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