Level playing ground? Not really, but the government has its reasons to allow Tesla and Starlink to exist in Malaysia as 100% foreign-owned entities,. According to prime minister Datuk Seri Anwar Ibrahim, the decision was made after taking into account their future contributions to the country.
The reply focused more on Elon Musk’s internet company. “Starlink services is suitable for use in the maritime industry as well as oil and gas, given the Starlink internet connection which is stable in areas far from the coast or in the middle of the sea, enabling ships to have all time high quality internet access,” Anwar said, reported by
As for EV maker Tesla, the PM cum finance minister said the exemption was not new as the decision had already been made to approve 100% foreign ownership for new projects, project expansion or diversification projects for the manufacturing sector by existing and new companies starting from June this year.