Tesla Inc is nearing a deal to build production facilities in Indonesia with a capacity of one million units to facilitate the company's supply chain, according to Indonesia's Ministry of Investment.
The carmaker has factories in Austin, Fremont, Shanghai, and Berlin, and is set to open another one in Mexico's Nuevo Leon state.
Tesla CEO Elon Musk was also eyeing South Korea as among its top candidate locations for an Asian factory.
Indonesian President Joko Widodo urged Teslar to manufacture its cars and batteries, in the country
Tesla had previously signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia,


Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing
Brent Oil Tops $100 as Middle East Conflict Threatens Supply
The world’s biggest trees could hold the secret to coping with drought
GesiaPlatform Launches Carbon-Neutral Lifestyle App ‘Net Zero Heroes’
Google Revamps EU Search Results to Meet DMA Rules
How is Antarctica melting, exactly? Crucial details are beginning to come into focus
Spire Healthcare Shares Jump on £1.03 Billion Takeover Deal
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure
Japan Producer Inflation Eases to 7.6% in August
Blackstone Eyes $2 Billion ZO Skin Health Sale
Lake beds are rich environmental records — studying them reveals much about a place’s history
How ongoing deforestation is rooted in colonialism and its management practices
Trump Threatens Bombardier U.S. Sales Ban
Can Europe shake its Russia links for good? 



