Billionaire Elon Musk's Tesla plant gets its own exclusive lane at border crossing in Laredo

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Billionaire Elon Musk's Tesla plant gets its own exclusive lane at border crossing in Laredo
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A Mexican official attributed the special treatment to a 'simple incentive' but declined to reveal specifics about the deal. Tesla ElonMusk Mexico Border Texas

The Tesla exclusive border crossing connects Laredo to the Mexican town of Colombia, Mexico.

However, it remains unclear whether the incentive mentioned by Rivas was in the form of a cash payment by Musk's electric vehicle company or merely an uptick in economic activity for the northern Mexican state. Although Tesla suppliers now have a fast pass into Mexico, suppliers traveling north still will be required to go through U.S. customs along with other commercial cargo vehicles, according to reports.

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