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Photo: Tesla

Reshoring and nearshoring are complex businesses, requiring significant levels of planning, with the drivers for each company differing on supply chains for raw materials, production requirements and proximity to consumers, among other things.

Tesla, in its deliberations over a plant to be built in Mexico, considered all these pros and cons before it gave the go-ahead to build its new factory, I will outline these considerations here.

First of all, let’s be clear about something: Tesla is not closing a factory in ...

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