Elon Musk Seeks Audience With PM Anwar Ibrahim - Investment Potential!

Prime Minister Datuk Seri Anwar Ibrahim said today that Tesla CEO Elon Musk has requested an audience next week to discuss methods for the billionaire to grow his investments in Malaysia.

This comes after Anwar stated that the country needs more fresh investments to raise its income and lower its debts, which presently total RM1.5 trillion. Such investments will indirectly aid to create more work prospects.

Musk's appearance with the prime is ideally timed, since we have all heard about Tesla's upcoming debut in Malaysia, which will take place this month on the 20th at Pavilion, KLCC. Musk is most likely visiting to see the new Tesla office and the infrastructure that is available and required to make the brand a success here.

After signing an RM22 billion nickel supply agreement, Tesla has expressed interest in developing a battery production facility in Indonesia. Recently, Musk met with India's Prime Minister Narendra Modi to discuss establishing a Tesla manufacturing facility in India.

Furthermore, when International Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz announced Tesla's entry into the Malaysian market, he also stated that one of the entry requirements was for Tesla to establish at least 50 Tesla Superchargers within three years, with at least 30% of these Superchargers accessible to other EV brands.

Source: The Star