Tesla (TSLA) – Get Tesla Inc Report is the leader in the lucrative electric vehicle market.
And the Austin, Texas-based company is willing to keep its crown, which is coveted by other people like Volkswagen (VWAGY) – Get the report from Volkswagen AG, Ford (F) – Get the report from Ford Motor Company, General Motors (GM) – Get the report from the company General Motors, Mercedes-Benz (DDAIF), BMW (BMW. DE) and the rest of the automotive industry.
While its rivals redouble their efforts, adding new models to their vehicle portfolio, Tesla focuses on other issues because the roadmap of Tesla’s next models is known: this list includes the very futuristic Cybertruck, a new Roadster and the Tesla Semi. Tesla is also using its robotaxi fleet that will be in a new and futuristic vehicle from 2024.
Elon Musk’s organization needs to focus on expanding its production and delivery volumes. Tesla also needs to protect its materials from uncooked fabrics at a time when supply chains are disrupted.
For example, the automaker recently opened its first European plant near Berlin to service the Old Continent. Tesla has also been generating cars in Austin since April, its time at the U. S. plant after Fremont in California. In total, the organization has 4 vehicles in production. sites – Austin, Fremont, Berlin and Shanghai – that will allow it to produce at least 1. 5 million cars in the short term by 2022.
But the company, which needs to be able to produce about 20 million cars a year in the coming years, plans to build new factories. Musk promised on the first-quarter earnings conference call that he would announce the location of upcoming production sites until the end. of 2022.
One such site may be in Indonesia. De fact, Indonesian President Joko Widodo just visited Musk in Texas.
The two men visited the production site of SpaceX, Musk’s company that makes the rockets in Boca Chica on May 14.
“I hope in November, thank you for the invitation,” Musk said in a statement from Widodo’s office.
In a tweet, Widodo said generation and innovation with the richest man in the world.
“Arriving at the Stargate Space X building, Boca Chica, USA. In the U. S. , this afternoon, I met the host, @ElonMusk. We are talking about generation and innovation,” Indonesia’s president posted on May 14, according to a translation of his message via La rue.
“It’s an honor to meet at Starbase and talk about exciting long-term projects!” said Musk on May 16 without giving more main points about the plans.
Interestingly, this is the time through an Indonesian delegation to Austin in less than a month. This suggests that talks between Musk and Indonesia are well advanced.
Tesla and Indonesia have reportedly been in talks since at least 2020 about whether the electric vehicle maker can invest in nickel in the country and build a full battery factory.
Indonesia is, in fact, a major manufacturer of nickel, and the government is running to expand mining and refining. The country has imposed a ban on the export of nickel to force corporations to set up shop there to open sites and create jobs. Indonesia has signed a $9. 8 billion deal with South Korea’s LG Group to produce lithium batteries for electric vehicles. Lithium batteries require nickel.
But those ambitions are doing ecological damage, activists say.
For example, fishermen in Indonesia’s Obi Islands blame the nickel mining and smelting industries for the shortage of fish in their fishing grounds.
According to the researchers, pollutants have turned coastal waters into a “mud puddle” due to high levels of heavy steel pollution.
An Investment Deal in Indonesian Nickel could allow Tesla to further protect its source of the vital metal. Nickel is used to make stainless metal and batteries, which are the center of an electric vehicle because they are the diversity of a vehicle and play a key role in its functionality and safety.
In addition to Tesla, Indonesia may also be the location of a new SpaceX site. According to the BBC, the country has proposed one of its West Papua islands as a possible launch site for the assignment of Space X, which aims to send humans to the moon. .
If there were agreements between Indonesia and Tesla and SpaceX, it is possible that they will be signed in November, as the country will hold a B20 summit with business leaders in mid-November before the G20.