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Jokowi lays out his pitch for why Elon Musk should invest in Indonesia

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Elon Musk, here seen at an event in New York in early-May, is being aggressively courted to produce his electric vehicles “end to end” in resource-rich Indonesia.

Angela Weiss | AFP | Getty Images

President Joko Widodo denied that Indonesia has turned protectionist during his tenure, saying the gates remain open to all players — including Tesla — that want to use the country’s plentiful natural resources, if they set up plants that can add to the local economy.

Widodo, or Jokowi as he is popularly known at home, said the government has been in talks with electric carmaker Tesla as well as Ford and other car companies to set up manufacturing facilities, including a vehicle factory, in…



Source cnbc.com

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