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 MITI say Tesla scrapping factory news not official

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TS30624770
post Aug 8 2024, 10:20 AM, updated 2y ago

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PETALING JAYA: The investment, trade and industry ministry (Miti) has dismissed a report by a Thai daily alleging that US electric car maker Tesla has abandoned plans to build factories in Southeast Asia, including Malaysia.

A Miti source said the report, which quoted an unnamed government source, was not an official statement from Tesla and lacked confirmation from the company itself.

“This report is not an official statement from Tesla, but quotes an unnamed source. Confirmation on the report would have to come from Tesla,” the source said.

Earlier today, Thai daily The Nation reported that Tesla had scrapped plans to set up an electric vehicle (EV) factory in the region, with Thailand, Malaysia, and Indonesia as potential locations.

“Tesla is currently only discussing charging stations, with the factory plans suspended worldwide. They are not proceeding in Malaysia, Indonesia, or anywhere else except for China, America and Germany,” the government source told The Nation, adding that the decision was part of Tesla’s withdrawal of investment across Asia and beyond.

Last July, Prime Minister Anwar Ibrahim announced large-scale investments from Tesla and one of Elon Musk’s other hi-tech ventures, SpaceX, in Malaysia, which Anwar said would create tens of thousands of high-value jobs.

Anwar also said Tesla would set up its Malaysian headquarters, as well as service centres, in Selangor.

However, there was no previous mention of plans to establish an EV factory in the region.

At the time of writing, Tesla has yet to release an official response to the claims made in the report.

https://www.msn.com/en-my/news/national/not...59454989f&ei=31
metalslug
post Aug 8 2024, 10:21 AM

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LOL, Tesla themselves announce it right?

Drian
post Aug 8 2024, 10:22 AM

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so sily ,

Tesla is having business troubles, obviously they won't invest in more in building factories when there is no volume.
SUSM4A1
post Aug 8 2024, 10:22 AM

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large-scale investments from Tesla and one of Elon Musk’s other hi-tech ventures, SpaceX


sales office aje la
space X ? ermmmmmmmmmmm
Satan Fallen One
post Aug 8 2024, 10:24 AM

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All I want to know is where all the fake news come from.

This last 2 weeks like almost every other day will have 1 fake news come out from no where.
SUSM4A1
post Aug 8 2024, 10:24 AM

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QUOTE(Satan Fallen One @ Aug 8 2024, 10:24 AM)
All I want to know is where all the fake news come from.

This last 2 weeks like almost every other day will have 1 fake news come out from no where.
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puak puas dengki kejayaan madani
danabu
post Aug 8 2024, 10:27 AM

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Actually did Tesla commit to build factory in Malaysia?
SUSkopitiamtardx
post Aug 8 2024, 10:29 AM

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Gamed by Elon cakap jela... mangkuk cibai
Aparaa
post Aug 8 2024, 10:31 AM

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xerox900
post Aug 8 2024, 10:31 AM

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QUOTE(danabu @ Aug 8 2024, 10:27 AM)
Actually did Tesla commit to build factory in Malaysia?
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Actually nobody expected Tesla to open EV factory in Malaysia, thai or indon set to lose more if Tesla scrap the plan
hihihehe
post Aug 8 2024, 10:34 AM

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QUOTE(xerox900 @ Aug 8 2024, 10:31 AM)
Actually nobody expected Tesla to open EV factory in Malaysia, thai or indon set to lose more if Tesla scrap the plan
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but why ppl say msia kena game,etc?

tesla and msia haven't sign anything also.
river.sand
post Aug 8 2024, 10:35 AM

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QUOTE(danabu @ Aug 8 2024, 10:27 AM)
Actually did Tesla commit to build factory in Malaysia?
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No.
But when PMX said Elon's investment would create tens of thousands of jobs, it can't be sales & services only.

So, it is not like PMX kena gamed by Elon Ma;
It's more like voters have been games by PMX, and supported Madani's candidates in by elections.

This post has been edited by river.sand: Aug 8 2024, 10:36 AM
supsupsui
post Aug 8 2024, 10:36 AM

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setting up factory here was never the plan..
TS30624770
post Aug 8 2024, 10:39 AM

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QUOTE(danabu @ Aug 8 2024, 11:27 AM)
Actually did Tesla commit to build factory in Malaysia?
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Actually, Tesla never announced anything. Malaysia, Thailand and Indonesia all probably shiok sendiri. That is why Elon Musk is rich as he is a shrewd businessman.

I think they were optimistic when they started selling in SEA but looking at the sales last year and this year, I think they find it unnecessary to build a factory in SEA yet as the sales are not that high.

Furthermore, they are facing intense competition from China and their China factory production is enough to cover SEA.
TS30624770
post Aug 8 2024, 10:42 AM

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QUOTE(river.sand @ Aug 8 2024, 11:35 AM)
No.
But when PMX said Elon's investment would create tens of thousands of jobs, it can't be sales & services only.

So, it is not like PMX kena gamed by Elon Ma;
It's more like voters have been games by PMX, and supported Madani's candidates in by elections.
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This are political marketing talk lah.

You think it's so easy to improve our country's profile after all the bad reputation from Najib and PN time.

Like I say last year about Tesla and all the MOUs announcement, it is marketing to tell the world Malaysia is a good destination to invest.


xerox900
post Aug 8 2024, 10:45 AM

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QUOTE(hihihehe @ Aug 8 2024, 10:34 AM)
but why ppl say msia kena game,etc?

tesla and msia haven't sign anything also.
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Those who don't understand the agreement or those who think they understand the agreement koyak lo
Rusty Nail
post Aug 8 2024, 10:46 AM

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kek miti shit brix
Heroicage
post Aug 8 2024, 11:09 AM

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Tesla is just expanding it's product selling in Msia...

no factory, no technical-share-know-how, ...nothing pivotal and manufacturing akin....

IMO, "Sales, Support, Service"....EVEN, the cars are direct import...no assembly plant.

"Similar" to BYD....

Just that Tesla wanna put more superchargers to "make" more buyers buy their car, and make them incompatible with other EV cars....typical.
Pee for dominance....

I would say, "not fully impacted", due to the fact....we are like a "sales" hub...nothing else.
Tesla is leading BYD sales in 2024, by small margin....For Tesla to "stop"...means BYD to dominate.....
And..Tesla owners....if the after sales is closed.....adious scrap car.


https://www.mida.gov.my/media-release/tesla...conomic-growth/

fourzee
post Aug 8 2024, 11:13 AM

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Tesla selling direct to Malaysia without local partner .. see if PMX enjoy shower of pee ..
Matchy
post Aug 8 2024, 11:15 AM

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dont recall that they said they'll build a factory here. only large scale investment only.
MR_alien
post Aug 8 2024, 11:16 AM

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i'm not sure why MITI is so concerned about this

 

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