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After Tesla snub, Mexico vows production of its own compact EVs

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 said in July the company had “paused” […]