Tesla cannot compete with Chinese EV makers: Anwar

Tesla cannot compete with Chinese EV makers: Anwar

The minister of investment, trade and industry is in the process of getting updates from Tesla regarding its investment in Malaysia, said Malaysian prime minister Datuk Seri Anwar Ibrahim, reported New Straits Times.

The prime minister said this in response to a prior report claiming that the American EV maker is cancelling its plans to build factories in Malaysia, Thailand and Indonesia.

“Tengku Zafrul is getting the latest information on reports suggesting that [Tesla] are facing losses and cannot compete with Chinese electric vehicles. Their operations are large, while we’re just starting. We received the information [about Tesla’s investment] directly [from the company], not from media coverage,” the prime minister said.

Tesla cannot compete with Chinese EV makers: Anwar

Though faced with this situation, Malaysia is less affected by the EV maker’s decision as it had planned to merely increase its investment in the country, compared to Thailand where Tesla had plans to assemble its vehicles, reported Astro Awani.

Earlier this week, Thai publication The Nation reported that Tesla had scrapped plans for the setting up of an EV factory in Thailand, Malaysia or Indonesia, and will instead focus on setting up its network of charging stations.

This was followed by the ministry of investment, trade and industry (MITI) saying that the alleged cancellation was not stated officially by Tesla, and was separately cited as saying that Tesla’s decision to reportedly scrap plans for its Southeast Asian production operations could be due to commercial reasons.

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

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

  • ROTI CANAI on Aug 09, 2024 at 4:42 pm

    So how will more china carmakers come or not. And the good ones not the useless neta etc

    Like or Dislike: Thumb up 31 Thumb down 17
    • Dah Menang Semua on Aug 09, 2024 at 5:46 pm

      We welcome CCP ideology
      We welcome CCP people
      We welcome CCP loans

      Like or Dislike: Thumb up 28 Thumb down 9
      • Rakyat Malaysia on Aug 09, 2024 at 8:02 pm

        And now suddenly PH Gomen Uturn again after they Uturn from shouting about Tesla investing in Msia. Ini KERAjaan Uturn dah jadik KERAjaan roundabout main pusing-pusing saja nak mainkan rakyat Malaysia. KERAjaan PH dah GAGAL.

        Like or Dislike: Thumb up 29 Thumb down 44
        • If only we can force companies to invest in our country, we will be economic powerhouse. Armchair critics like you only know how to talk…wait, bark is the more appropriate term.

          Like or Dislike: Thumb up 40 Thumb down 16
          • Enough of cina car on Aug 11, 2024 at 3:57 pm

            Since when cina car is good? Proton kills all current supplier, this is how chinese business man do.

            Like or Dislike: Thumb up 7 Thumb down 8
          • Enough of Tesla on Aug 11, 2024 at 10:23 pm

            @Enough of cina car

            Since when Tesla is good? Tesla can easily make people hurt when comes many recalls and also afraid got caught fire for tesla? And how did you know china car is bad, seems you have not try

            Like or Dislike: Thumb up 7 Thumb down 2
      • Always refer as above on Aug 10, 2024 at 1:45 pm

        happy to see you all praising the Chinese Commonwealth People

        Like or Dislike: Thumb up 6 Thumb down 2
    • Tesla is overhyped EV..Dont get carried away on Aug 10, 2024 at 3:36 pm

      The teleconferencing between Elon n PMX just happened not many moons ago.
      Surely,his team of Rafizi ,Zafrul,Amir Hamzah could have briefed him, Chinese EVs are causing Tesla to kaput if the west dont impose draconian tariffs.
      So,by now Tesla is already bleeding in China and many oversea markets.
      So,the likelihood of Tesla opening a factory here is almost near impossible.
      In other words,the teleconferencing is just to show two VVIPs “talking” with no concrete plans to set up factories here.Just a Msian office to take orders and deliver the EVs.
      So,why the hoo haa and euphoria ?
      One can teleconference with a well trained parrot( experiment only},is the parrot gonna set up factory here?

      Like or Dislike: Thumb up 10 Thumb down 1
  • President Xi on Aug 09, 2024 at 4:44 pm

    e.Mas > e.Musk

    Like or Dislike: Thumb up 29 Thumb down 5
    • Better lagi BYD, MG, Proton eMas and Zeekr than buying Tesla too

      Like or Dislike: Thumb up 30 Thumb down 4
      • True. Lots of many types of recalls for tesla including also got caught fire for tesla nowadays unlike other electric vehicle brands.

        Like or Dislike: Thumb up 21 Thumb down 5
        • dugong on Aug 12, 2024 at 9:25 am

          You must be those puak geng that believe Najis is holier than thou.

          Dude, major tesla recall is just software update lar. The recent cybertruck recall was for the accelerator pedal ue to stuck cover. Same like Lexus but how come nobody hoo haa.

          And ICE has more fire than EV.

          Like or Dislike: Thumb up 1 Thumb down 2
  • Bring forward GE 16! on Aug 09, 2024 at 5:11 pm

    Anwar cannot compete with Bossku: Rakyat

    Like or Dislike: Thumb up 46 Thumb down 42
    • ClownsEverywhere on Aug 09, 2024 at 7:32 pm

      Clowns rakyat only think of this.

      Like or Dislike: Thumb up 18 Thumb down 18
    • Of course not. No one can match boosku level of kleptocracy

      Like or Dislike: Thumb up 27 Thumb down 11
      • Make Malaysia Great Again on Aug 14, 2024 at 6:45 pm

        Except Anwar’s Hannah Yeoh level of kleptocracy

        Like or Dislike: Thumb up 2 Thumb down 1
    • 5R Real-Rouble-Rupee-Renminbi-Riyal on Aug 10, 2024 at 1:51 pm

      Fully agreed. Cannot compete with the lord of shameless on wrongful deeds, including his admirers cum slaves emulating him.

      Like or Dislike: Thumb up 10 Thumb down 9
    • Ubat julap terpaling mujarab on Aug 13, 2024 at 1:42 pm

      Thanks to Anwar, I never encountered constipation problems ever since

      Customer testimony, Saiful, 26 Jun 2008

      Like or Dislike: Thumb up 3 Thumb down 1
  • yilongma on Aug 09, 2024 at 6:10 pm

    so glad pm anwar has his eyes open

    Like or Dislike: Thumb up 14 Thumb down 5
    • Peppa on Aug 09, 2024 at 8:32 pm

      You mean? Mouth open eyes and brain closed?

      Like or Dislike: Thumb up 21 Thumb down 13
      • So, you can see into the future? Criticising someone in hindsight is always easy

        Like or Dislike: Thumb up 17 Thumb down 5
        • The pig on Aug 11, 2024 at 2:57 pm

          I think Peppa was referring to PMX’s favorite bedroom activity

          Like or Dislike: Thumb up 7 Thumb down 1
      • In your dreams. Tesla shouldn’t talk bad on what happened years ago when talking bad about byd as byd now have make big comeback and beat tesla

        Like or Dislike: Thumb up 13 Thumb down 3
  • Yeah, BYD, MG, Proton eMas and Zeekr now worth than buying Tesla too

    Like or Dislike: Thumb up 22 Thumb down 4
  • President Protein on Aug 10, 2024 at 9:05 am

    He knows Musk is a friend of Mark Suckburger, right? Widely f*** Meta over a video pulled down, Musk must have wanting to do Suckerburger a favor here, possible too right? Anwar too should be cautious with his advisers – Anwar says one thing, Zafrul says another. He must have been told to fight for Muslims, be bold and f*** these people up from Meta. When Anwar does it, his team suddenly hammered him. Art of war here. Good luck to Anwar, and hope he stay his term.

    Like or Dislike: Thumb up 2 Thumb down 5
  • dodgeviper on Aug 10, 2024 at 9:33 am

    A much better response than “I don’t know you better ask Tesla”. This is the quality you get when someone whom loses his parliament seat and still gets elected as a minister.

    Like or Dislike: Thumb up 11 Thumb down 2
  • alibaba on Aug 10, 2024 at 10:54 am

    not tat cannot compete, just accept we are not allow to use high-end stuffs

    Like or Dislike: Thumb up 19 Thumb down 14
  • Boleh on Aug 10, 2024 at 8:10 pm

    Malaysia also cannot compete with other country…

    Like or Dislike: Thumb up 8 Thumb down 5
  • Frank on Aug 11, 2024 at 4:06 am

    how apple fare against Chinese smartphone makers is the same way Tesla will fare against Chinese automakers

    Like or Dislike: Thumb up 4 Thumb down 1
  • Uncle Sohai on Aug 11, 2024 at 5:56 am

    All is not lost. Tesla is not just a car company. They are also an energy, robotics and (more importantly) software company. Even if Tesla were only to invest in their superchargers in Malaysia it will create jobs, new industry opportunities and bring in foreign exchange to our country. Ambil yang jernih buang yang keruh. Think positive and prosper.

    Like or Dislike: Thumb up 3 Thumb down 11
  • Lol. People buy tesla for autonomous feature. Not because of EV.

    Like or Dislike: Thumb up 1 Thumb down 1
    • Mike Tee on Aug 26, 2024 at 3:14 pm

      Tesla basic AP, which is all we are getting in Malaysia, is inferior to Chinese L2 offerings. RM32,000 for FSD is not going to fly off the shelf I’m afraid, if it gets here at all

      Like or Dislike: Thumb up 0 Thumb down 0
  • Dwade on Aug 12, 2024 at 10:45 am

    Fair enough; Tesla can’t compete with China. How about Malaysia Automotive? Let’s talk about how we can be competitive first, before can make a statement like this about other’ ‘competence’, while Malaysia automotive industry still behind in the region

    Like or Dislike: Thumb up 1 Thumb down 0
  • newme on Aug 12, 2024 at 11:22 am

    Surely China EV is selling because of the price. There are equally high number of people selling the China EV after weeks/months owning them compared to Tesla. Look at the second hand market listing. It’s a process for the people to understand that China EV are still crap.

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required