“Trump has said that he’ll put heavy tariffs on vehicles produced in Mexico,” he told Tesla investors and analysts during the earnings call following the presentation of the Q2 financial report. “So it doesn’t make sense to invest a lot in Mexico if that is going to be the case. That is already a year after it was announced, and Tesla has had all the necessary authorisations since autumn last year. “We’re currently on pause on Giga Mexico,” Musk said during the call. Whether that money benefits Trump won’t be known until the PAC (Political Action Committee) files with the Federal Election Commission in October.
