PM Anwar Ibrahim to meet Tesla CEO Elon Musk next week to discuss further investments in Malaysia

PM Anwar Ibrahim to meet Tesla CEO Elon Musk next week to discuss further investments in Malaysia

A meeting between prime minister of Malaysia Datuk Seri Anwar Ibrahim and Tesla CEO Elon Musk is expected to take place next week, for the discussion of further investments in Malaysia, Utusan Malaysia has reported.

“Elon Musk has asked to meet next week to discuss with me the possibility of him increasing his investments in Malaysia,” Anwar said. The prime minister also noted that the country needed more new investments to increase its income and reduce its debts, the latter now amounting to RM1.5 trillion, The Star reported.

There was a pressing need to increase both domestic and foreign direct investments as these can help create more jobs, the prime minister said.

PM Anwar Ibrahim to meet Tesla CEO Elon Musk next week to discuss further investments in Malaysia

Earlier this week, the Tesla Malaysia Instagram account came online, and the EV brand will be officially launching in Malaysia on July 20, 2023.

In March this year, minister of international trade and industry Tengku Datuk Seri Zafrul Aziz said that Tesla will be establishing an office in Malaysia, along with Tesla Experience and service centres as well as a Supercharger network.

The minister also said that Tesla has chosen to invest in Malaysia because the country is the 7th largest producer in the electrical and electronics (E&E) sector, which will supply key components in electric vehicle manufacturing.

Tesla is also the first successful applicant of the BEV Global Leaders programme by MITI, a programme which allows successful applicants to receive franchise APs that would otherwise only be possible for companies with bumiputera shareholding.

This scenario is not applicable to Tesla, as the EV maker operates on a direct-to-consumer, no-dealer, no-partner business model. To qualify, the cars that are to be brought into Malaysia must be battery-electric vehicles, which excludes hybrids, and they must be SAE-certified Level 2 autonomous.

There are also further requirements, such as setting up an office, sales and service centres in Malaysia, along with installing at least 50 DC fast chargers with a minimum of 180 kW, of which at least 30% (15 units) must be open for public use, that is to allow usage by cars of other brands. There are yet more requirements for applicants of MITI’s BEV Global Leaders programme; see them in more detail, here.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • hazri on Jul 07, 2023 at 3:51 pm

    syukur, terbaik.

    Thumb up 14 Thumb down 9
  • Cheaper electricity tariff on Jul 07, 2023 at 3:57 pm

    hooray more tesla supercharging stations at strategic locations and convenient accessibility soon. Keyword Solar

    Thumb up 9 Thumb down 2
  • B40 ramai on Jul 07, 2023 at 4:05 pm

    sini ramai B40 kuat beranak. satu keluarga anak 10 orang semua. syukur. minta Elon buat kilang semua anak anak ni dapat keje operator kilang. lekas!

    Thumb up 8 Thumb down 6
  • ERIKO on Jul 07, 2023 at 4:08 pm

    AP is free money for OKU cronies. Tak malu this people. If Elon Musk learn about such thing as AP to feed our OKU group, he will not invest in Malaysia for sure. The whole world is looking down at our OKU group of people

    Thumb up 12 Thumb down 5
    • ScooterDude on Jul 09, 2023 at 5:13 pm

      Elon is from South Africa, and he is white, he is the actual ditindas group there.

      Thumb up 0 Thumb down 6
  • Discuss setting up data centre kot. Maybe throw in a part warehouse, if lucky.

    Thumb up 1 Thumb down 0
  • Shooketh on Jul 07, 2023 at 4:25 pm

    Oh my gosh. Why people are so obsessed with elon??? Smh

    Thumb up 25 Thumb down 3
    • He’s a master in snake-oil businesses and yet people keep praising him like he’s the savior. Tesla cars have terrible quality control. SpaceX only survives because of government contracts. Twitter is losing money and value everyday. He’s a terrible businessman.

      Thumb up 35 Thumb down 7
      • IIIIII on Jul 08, 2023 at 12:42 pm

        Glad to know you guys are well educated on this conman.

        Thumb up 9 Thumb down 3
        • Western Star on Jul 08, 2023 at 4:15 pm

          Conman meeting conman. Both are spending money that doesn’t belong to them. What the difference here?

          Thumb up 10 Thumb down 9
      • not a fan boy just passionate on Jul 10, 2023 at 12:33 am

        have you seen what a space x falcon 9 can do? time to come out from your cave bro.

        Thumb up 1 Thumb down 2
    • Bilderburg Extraordinary member on Jul 08, 2023 at 3:23 pm

      he is just an executive getting directive from ahem “B*” whom controls global capitalist

      Thumb up 3 Thumb down 3
    • hazri on Jul 10, 2023 at 9:19 pm

      this is business. economic chain. when someone big like tesla come to malaysia, will attract other big investor come here. and china dont like this, will counter with better offer. stop with your obsession. educate yourself. now easy and free to get free education about business, finance, micro, macroeconomy.

      Thumb up 2 Thumb down 1
  • DAP Korup on Jul 07, 2023 at 5:03 pm

    Better late than never right

    Thumb up 3 Thumb down 2
  • Jom Global on Jul 07, 2023 at 5:08 pm

    CKD the $39,000 6 seater Tesla CyberTruck.
    39,000 United States Dollar equals
    181,954.50 Malaysian Ringgit

    https://paultan.org/2019/11/22/tesla-cybertruck-unveiled-space-age-design-electric-pick-up-with-800-km-range-0-96-km-h-in-2-9-seconds/

    4 years old Premiered basic battery truck.

    Thumb up 2 Thumb down 2
  • Ahlokekor Anwarkor Hamidikor(AAH........) on Jul 07, 2023 at 5:16 pm

    To reduce national debt,we should cut down on unneccessary WASTAGES besides corruption.There r ministries that need extra scrutiny n cutting annual allocations to those who dont perform.

    Tesla maybe given special privileges,like tax free pioneer status etc, to pump in USD n provide jobs.
    Of course there will be spinoff industries.
    Other than that,to cut the national debt..we cant be dishing out freebees n madani open houses all the time n go on a deficit budget non stop.
    PMX,inviting Elon wont slash our deficits.Chopping wastages n deadwood is the way forward.

    Thumb up 9 Thumb down 0
  • Elon Musk or YiLong Ma on Jul 07, 2023 at 5:29 pm

    PMX,there are 2 Elon Muskeeters now.
    One is from China..YiLong Ma.
    The other is of course the “yin chong” or genuine Elon.

    Thumb up 2 Thumb down 8
  • Tesla on Jul 07, 2023 at 6:03 pm

    Elon is the hottest corporate guy in the world now . Every country wants a piece of him! Mai Mai Tesla ! MY semua boleh!

    Thumb up 2 Thumb down 2
  • Bieight8 on Jul 07, 2023 at 6:12 pm

    Tesla should launch the Highland and juniper here

    Thumb up 0 Thumb down 1
  • FreakingAnnoyed on Jul 07, 2023 at 7:43 pm

    PMX why talk to Helang Mask? Malaysia tak suka EV la. Petrol engine for life! Tengok engine Mybi teknologi 20 years ago still so well received

    Thumb up 6 Thumb down 1
  • A much needed boost for the ailing economy.

    Thumb up 3 Thumb down 3
  • Teslahoy on Jul 08, 2023 at 1:57 am

    Dato’ Seri, sure not a scam ah? Many times also ‘Elon Musk’ want to see me.

    Thumb up 9 Thumb down 3
  • Sohai on Jul 08, 2023 at 10:05 am

    Last time jibby meet Jack Ma.
    Now Elon.
    Hopefully is not all just publicity stun

    Thumb up 4 Thumb down 3
    • Kea Was on Jul 08, 2023 at 2:48 pm

      But Both Jack & Jib is no longer in the worldly picture but Elon and PM guy still here and looks set growing.

      Thumb up 0 Thumb down 2
    • Genius Ting Kim Swee on Jul 08, 2023 at 8:33 pm

      With a name like your even your mummy don’t want meet you even for money

      Thumb up 1 Thumb down 2
  • Valentino Loh Xie Lung on Jul 08, 2023 at 7:27 pm

    Elon can offer nothing only china can so wasting time

    Thumb up 3 Thumb down 1
  • Squid on Jul 10, 2023 at 10:09 am

    Looking for new servers in Malaysia for twitter after google kicks him out lol

    Thumb up 1 Thumb down 0
  • xyah lah… Musk nie sembang kenchang… angin jer

    Thumb up 1 Thumb down 0
 

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