Institute For Energy Economics and Financial Analysis (IEEFA)

Indonesia President Widodo and Tesla CEO Elon Musk meet in Texas. Image courtesy of Indonesian Presidential Press Office.

Can Tesla Save Indonesia’s EV Ambitions?

According to multiple sources, Tesla’s Elon Musk is negotiating the setting up of production in Indonesia. Indonesia has massive nickel and some cobalt reserves, excess vehicle building capacity, and a great need to move forward in the rEVolution. It is the second largest vehicle producer in ASEA (behind Thailand), and … [continued]