Exclusive-President Jokowi "confident" Tesla will invest in Indonesia
Yahoo! Finance
Indonesian President Joko Widodo is confident Tesla Inc will finalise a deal to invest in a production facility in his country, having offered the U.S. car maker incentives ranging from tax breaks to a concession to mine nickel. Southeast Asia's largest economy has been wooing Tesla to invest in battery and car manufacturing since 2020, seeking to leverage its rich reserves of nickel ore, which can be processed for use in EV batteries. The president, widely known as Jokowi, has held talks with...
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