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Environmental Groups Ask Tesla to Stop Nickel Plans in Indonesia
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Environmental groups urged Tesla Inc. on Monday to reconsider its plans for nickel investment in Indonesia, the world’s top producer of the material, as ESG scrutiny mounts in an industry crucial to the electric vehicle revolution.
In an open letter addressed to Chief Executive Officer Elon Musk and shareholders, dozens of organizations asked the EV giant to terminate direct investment plans in Indonesia’s nickel industry and bar nickel sourced and produced in the country from being used in Tesla’s cars.