Negotiation with Tesla in Progress, Says Govt Investment Board

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  • TEMPO.CO, Jakarta - Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, on Wednesday,  assured that the government is still in talks with electric car manufacturer Tesla upon plans to invest in Indonesia. He also refuted rumors suggesting that the company founded by Elon Musk had backed away from the negotiation. 

    “I would like to convey that this is still in negotiation and no one has backed out of it. It’s an ongoing process,” said the BKPM Head in a video conference on February 24.

    The negotiation was first initiated by the Coordinating Ministry for Maritime Affairs and Investment and continued by the BKPM. Bahlil said he would coordinate further with Minister Luhut Binsar Pandjaitan regarding the latest development on the potential Tesla deal.

    The Tesla - Indonesia deal was doubted by many as the US electric car manufacturer is reportedly near to finalizing its deal to produce electric vehicles (EV) in India. 

    In response to this news, the spokesperson of the Coordinating Ministry for Maritime Affairs and Investment, Jodi Mahardi, on February 21, stated that Indonesia continues to lobby Tesla as the talks with Indonesia focus on a different sector from the company’s deal with India. 

    However, Mahardi remained tight-lipped regarding Indonesia’s negotiation with Tesla, “Unfortunately, I cannot comment any further.”

    Read: Erick Thohir to Explore Electric Car Cooperation with Tesla in February

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