INDONESIAN PRESIDENT JOKO WIDODO MEETS TESLA’S MUSK, VISITS SPACE X

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Sun 15 May 2022:

President Joko Widodo met Tesla Inc Chief Executive Elon Musk in Texas on Saturday, according to the Indonesian government.

Widodo and Musk talked about prospective investments and technology, amid speculation that Tesla could establish a manufacturing base in Asia in Indonesia.

According to Reuters, Musk held a round of working-level conversations with Indonesian officials about a prospective investment in the country’s nickel sector and the supply of batteries for electric vehicles.

Two people familiar with the talks told Bloomberg that representatives from Tesla were in Indonesia last week for meetings regarding a potential battery-related investment.

Highlighting Indonesia’s potential, Musk had said ”there could be room for partnerships in many things.”

Musk said there could be room for “partnerships in many things, because Indonesia has a lot of potential”, the statement said.

Indonesia has the world’s biggest nickel reserves, and Widodo is keen to develop a nickel-based EV industry at home – from making nickel metal, to producing battery components and assembling electric vehicles.

In the past, he has also urged Musk to consider a rocket launch site in Indonesia.

During the visit, President Joko Widodo was accompanied by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, State Secretary Minister Pratikno, as well as Indonesian Ambassador to the US Rosan Roeslani.

The president was in the US from May 10, 2022, to attend the ASEAN-US Special Summit.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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