Indonesia Receives Official Investment Offer From Tesla

Indonesia Receives Official Investment Offer From Tesla

New Tesla Battery Factory in Indonesia – First Terafactory?

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CNBC Indonesia put a report today about Tesla’s future battery factory plans – these plans will very likely involve a battery factory in Indonesia. Will this be the first TERAFACTORY, and why does Indonesia make a good choice for Tesla?\n\nThank you to Sawyer Merrit for linking to this article on Twitter here: https://twitter.com/SawyerMerritt/status/1318047732347666434\n\nSupport Cleanerwatt by: \n\n1. Joining the Patreon Community: https://www.patreon.com/cleanerwatt \n2. Using our Amazon Affiliate Link: https://amzn.to/37nYm28 \n\n*** All video and pictures are used with permission or in accordance to the copyright owner’s stated policies and use allowance. *** \n\nImage \u0026 Video Clip Sources: \n\n1. Tesla Media\n2. Elon Musk Picture Source (Q2 Video Slide) – Wiki Commons (Author: Steve Jurvetson from Menlo Park, USA) Source Link Below.\n3. Elon Musk Thumbnail Image: Wiki Commons (Author JD Lasica from Pleasanton, CA, US). Source Link Below.\n4. Pexels.com \n\nData Sources: \n\nWiki Commons Elon Musk Picture Q2 Slide: https://commons.wikimedia.org/wiki/Category:Elon_Musk#/media/File:Elon_Musk_Presenting_Tesla’s_Fully_Autonomous_Future_(40705940233).jpg\n\nWiki Commons Elon Musk Thumbnail: https://commons.wikimedia.org/wiki/File:Elon_Musk_(3018710552).jpg\n\nhttps://www.cnbcindonesia.com/news/20201019091456-4-195282/gokil-tesla-elon-musk-bakal-bangun-pabrik-di-batang-jateng?s=03\n\nhttps://pubs.usgs.gov/periodicals/mcs2020/mcs2020.pdf\n\nhttps://www.tesla.com/blog/panasonic-and-tesla-sign-agreement-gigafactory\n\nhttps://www.tesla.com/sites/default/files/blog_attachments/gigafactory.pdf\n\nhttps://www.forbes.com/sites/markrogowsky/2014/02/26/tesla-5b-gigafactory-bombshell-500000-cars-by-2020/#634d7eb49830\n\nhttps://investingnews.com/daily/resource-investing/base-metals-investing/nickel-investing/top-nickel-producing-countries/\n\n\nDISCLAIMER: All of the content found in this video is based on my own opinion and should not be regarded as financial advice. I am not a financial advisor and this is NOT in any way a recommendation or offer to buy or sell securities. Please consult a licensed professional, or do your own research before making any financial decisions. As of the recording of this video, Jonathan (host) is not invested in Tesla (TSLA) shares or securities.

Indonesia Receives Official Investment Offer From Tesla

Indonesia has received an investment proposal from the American electric vehicle manufacturer Tesla, Septian Hario Seto, deputy head of the country for coordination of investments and mining, told reporters on Friday..

Indonesia is the world’s largest producer of nickel, a material needed for electric vehicle batteries. State officials have publicly persuaded Tesla to invest in the country, developing ambitious plans for the production of electric vehicles and batteries.

«I got their offer yesterday morning …Indonesia Receives Official Investment Offer From Tesla next week we will meet with them (virtually) for an official clarification», – said Septian.

Septian said he could not provide details of the proposal due to a nondisclosure agreement, but said the focus of their discussion was on batteries and other energy storage solutions..

«If they just want to buy raw materials, we are not interested. This (proposal) goes beyond simple procurement of raw materials», – he added.

Once the largest exporter of nickel, Indonesia stopped supplying nickel last year.

Indonesia Receives Official Investment Offer From Tesla

The country intends to create its own complete nickel supply chain – starting with mining and then converting the ore into metals and chemicals used in batteries to meet the demand for electric vehicles..

Tesla said last year that it was looking for reliable sources of nickel around the world after warning that the current cost of batteries remains an obstacle to its growth..