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Snubbed by Tesla, Mexican government pledges to create its own small, affordable electric car

By Financial Post - 6 hours ago
MEXICO CITY (AP) — Snubbed by Tesla, Mexico’s new president pledged Friday to create a Mexican-made small, affordable electric car to compete with vehicles imported from China. President Claudia Sheinbaum said Teslas were too “onerous,” or expensive, for the Mexican market anyway. Tesla’s cheapest car, the Model 3, costs about $30,000. Tesla CEO Elon Musk […]

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