Exclusive: Indonesia to woo Tesla investment in push to become battery superpower

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Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the ...

Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the Southeast Asian country aims to become the world's biggest producer of electric vehicle batteries.

The trip comes after Jokowi congratulated U.S. President-elect Joe Biden on his win. The Indonesian leader said he hoped a Biden administration would promote"stability" and"world peace". Luhut declined to comment specifically on the planned meeting with Tesla, but said that"there is a really good chance" that companies will want to invest in Indonesian nickel processing to cut costs.

Jokowi has repeatedly said the Job Creation law is vital to cutting red tape, spurring investment and boosting labour market competitiveness.

 

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😂

Can't see a businessman like Musk putting up with the obstacles, bureaucracy and corrupt practices that still thrive.

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