“Tesla came to the Ministry of Finance and told us categorically that they do not need any fiscal stimulus beyond what they already have in sight and these incentives are good because for an export activity to have a zero export rate, it is to receive all the return of 16% VAT for the part of the cost that originates internally,” said the secretary.
The official stressed that commercial agreements such as the Treaty between Mexico, the United States and Canada (TMEC) were enough for Tesla.
Regarding the government’s proposal to make batteries for Tesla, Ramírez de la O said that the idea was a government proposal and Tesla wanted to match the Inflation Reduction Act in the United States, but this could not be possible because Mexico did not Offer those incentives.
US law offers $369 billion of incentives for the entire climate change sector, mobility, electricity, mobility, connection, etc.
“We do not have that legislation, so, therefore, we cannot make any match, and we do not need to waste time thinking that we could match what the Inflation Reduction Act has in the United States,” said the secretary.
