Tesla hits kill switch on Malaysian factory plans, says report

Free Malaysia Today

A source says the company will focus on charging stations as it withdraws investment across Asia.    Read More: https://www.freemalaysiatoday.com/category/nation/2024/08/07/tesla-hits-kill-switch-on-malaysian-factory-plans-says-report/    Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #Tesla #MalaysianFactory #ElectricCar

Transcript

00:00U.S. electric car maker Tesla has abandoned its plans to build factories in Southeast

00:06Asia, including Malaysia.

00:12A Thai government source told The Nation that Tesla has scrapped plans to set up an electric

00:17vehicle factory everywhere except for China, America and Germany.

00:22The source also said Tesla will only discuss building charging stations for now, adding

00:26that the decision was part of Tesla's withdrawal of investments across Asia and beyond.

00:32It is understood that the team of executives leading Tesla's push into Southeast Asia last

00:37year has since been disbanded.

00:44Last year, Prime Minister Anwar Ibrahim announced large-scale investments from Tesla and SpaceX

00:49in Malaysia.

00:51Anwar also said Tesla would set up its Malaysian headquarters and service centres in Selangor.

00:57Sam Richwa, FMT News.

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