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Tesla Must Make Cars Locally, Not Just Batteries, Jokowi Says

  • Tesla struck a $5 billion deal to secure nickel from Indonesia
  • Musk said earlier he may travel there to explore investments
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WATCH: Indonesia wants Tesla to build EVs -- not just batteries -- and is willing to go the distance to convince CEO Musk, Jokowi says.Source: Bloomberg

Indonesia wants Tesla Inc. to make electric cars there, not just batteries, and is willing to take the time needed to convince Elon Musk to see the country as more than just a rich repository of resources. 

“What we want is the electric car, not the battery. For Tesla, we want them to build electric cars in Indonesia,” President Joko Widodo said in an interview with Bloomberg News’ Editor-in-Chief John Micklethwait on Thursday. “We want a huge ecosystem of electric cars.”