Tesla might be preparing to set up shop in Malaysia, as checks with SSM data has revealed that the Tesla Services Sdn Bhd subsidiary has undergone a name change in October 2022 to Tesla Sdn Bhd.
Tesla used to have a Finance Shared Service Center in Penang to support the EMEA and APAC regions. The Tesla Services Sdn Bhd subsidiary, which has existed since May 2017, used to provide accounting and finance services to 25 countries. As a remote financial services centre, Tesla Services Sdn Bhd mainly employed accounting, finance and IT support personnel for this purpose.
This subsidary is now known as Tesla Sdn Bhd, and the ‘nature of business’ now registered with SSM now spells out specifically wholesale and retail of new motor vehicles, other service activities incidental to land transportation, and maintenance and repair of motor vehicles. Essentially, a business intending to conduct full fledged motor vehicle 3S, no longer limited to accounting and finance.
Tesla Sdn Bhd has a paid up capital of around RM3.6 million with 100% shareholding belonging to Tesla International BV. The company has four directors. One of them – a Mr David Jon Feinstein – has been previously identified as a director for both Tesla’s Thai and Indian subsidiaries.
We last heard in May 2022 that Tesla was open to the idea of establishing a Supercharger DC charger network in Malaysia, which would be useful for official Tesla customers in Thailand and Singapore to use, but there was no mention of actually establishing an official sales and service presence here.
With this fresh new activity surrounding the Tesla Sdn Bhd subsidiary, could this mean Malaysia will soon be an official sales market for Tesla?
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Teslah, lmao
Here we go!!
smart move…with all the chinese ev here, hard to be competitive. only few units for the rich doesn’t justify for the investment here.
Don’t need to come la…EV will be less than 0.1% market shares after our government announced 2025 road tax yesterday
finally they are ready for malaysia market when they are going to sell their 7 years old model at the lowest price.
yup, not sure which is older, mazda 6 or tesla model s
Why are we hoping so much for Tesla to setup their distributionship here? It is a overrated brand like Apple. You end up paying overpriced products that are not much reliable that other China EV makers.
About time. Let Tesla direct sales benefit consumers with low cost high speed charging and FSD and not the crap German technology that works like a Nokia
They must be doing something right. Tesla still owns >50% of EV sales in the US and 80% of the HK EV market. Having them in MY market can only be good for consumers.
After FRT concession(basically take an ICE off the road and you get tax deducted), a Model 3 base model costs RM230,000 in HK.
Full fat performance model (3.3sec 0-100kmh, 567km range, 261kmh top speed, FSD) costs RM390k which is what importers are charging for the base model now and we see quite a few on the road already. I’d wager Tesla will sell quite well at direct prices.
Whose idea to suddenly check Tesla SSM?
kat indonesia bakal ada tapi belum rasmi. kalau buat kt indonesia hq kat malaysia pun okay rasa kat kalimantan.