What to know in markets on Tuesday, January 31, 2023.
Yahoo Finance autos reporter Pras Subramanian joins Yahoo Finance Live to talk about the price wars among EV makers.
Electric carmaker Tesla Inc is considering setting up an assembly plant near a new Mexico City airport, which would serve as an export hub for the firm, Mexican presidential spokesman Jesus Ramirez said. Ramirez said that Tesla could put a plant at an industrial park in development about 3 kilometers (2 miles) from the Felipe Angeles International Airport (AIFA), a new hub opened by President Andres Manuel Lopez Obrador last year. "Tesla is looking at investing in that area to take advantage of AIFA," Ramirez told Reuters late on Monday, noting the site could serve as a base for the firm to export by air.