Categories: News

Indonesia president wants Tesla to make EVs in country – Bloomberg News

Electric vehicle maker Tesla must make its cars – not just batteries – in Indonesia, the country’s president told Bloomberg News on Thursday. President Joko Widodo said Indonesia wants a “huge ecosystem of electric cars” and not just be exploited for its natural resources.

He also said Indonesia was considering imposing a tax on nickel exports this year to boost revenues. Officials have previously said this could come as soon as the third quarter. Indonesian officials have said the company has struck deals worth about $5 billion to buy nickel products from the resource-rich country.

Jokowi, as the president is popularly known, met with Tesla founder Elon Musk earlier this year to drum up investment. (Writing by Kanupriya Kapoor; Editing by Muralikumar Anantharaman)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Agency Desk

Recent Posts

2026 VA Disability Rates: When Will the New Increase Be Announced?

Veterans are waiting for the 2026 VA disability pay raise update, expected in October. The…

10 hours ago

$600 Tariff Rebate Checks Could Be Coming Soon: This New Bill is for Working Families

A new bill may give millions of Americans a $600 stimulus check in 2025. It…

11 hours ago

CalFresh Recertification August 2025: Important date to keep your benefits going

CalFresh recipients must complete recertification by the deadline in August 2025 to keep receiving food…

1 day ago

Major Changes coming to Medicare in 2026: What it means for you?

Changes in Medicare 2026: A big change is on the way that will affect millions of…

1 day ago

Social Security August 2025: How Much More Will You Receive This Month After COLA Increase?

Millions on Social Security will see slightly higher checks in August 2025, thanks to the…

2 days ago

VA Disability Pay August 2025: How much extra will veterans receive this month due to COLA raise?

Veterans receiving VA disability payments will see a 2.5% increase in August 2025. This boost,…

2 days ago