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Indonesian President Joko Widodo meets Elon Musk

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Indonesian President Joko Widodo meets Elon Musk
16 May 2022
6 min read

News Synopsis

According to Indonesia's government, Indonesian President Joko Widodo,

met Tesla Inc Chief Executive Elon Musk

on Saturday in Texas to explore future investments and technologies. According to the officials of Indonesia, Musk and Widodo, often known as Jokowi, met following a round of working-level talks about a potential investment in Indonesia's nickel sector and battery supply for electric vehicles.

According to Indonesian officials and two people familiar with the talks, Tesla representatives were in Indonesia last week for conversations about a prospective battery-related investment. Recently, Elon Musk-led Tesla informed that it has put its plans on hold in India as it has been unable to receive a deal for lower tariffs.

According to a Reuters report,

the leading EV giant has put its plans to sell its electric cars in India on hold. The EV manufacturer has halted stopped looking for showrooms in the country and reassigned its domestic staff.

 The Chief Executive Officer of the EV maker, earlier this year, while responding to a question on Twitter regarding its Indian entry had said that the EV company is “facing a lot of challenges with the government.”