Tesla is still in talks with Indonesia regarding a potential investment, the country’s President Joko Widodo said.
Tesla has been expanding its footprint on a global scale for several years, with the most recent pieces of evidence being its Gigafactories in China, Germany, and Mexico. The automaker has also launched its vehicles in several new markets over the past few years, bringing EVs to new countries.
However, only a few regions are in the running for potential investment from Tesla, whether it be for vehicle production or other operations, and Indonesia is one country that has been widely regarded as one of the biggest potential players for a facility from the electric automaker.
Indonesia’s President Joko Widodo has been adamant for some time now on Tesla investing in his country. While Tesla just recently announced a new Gigafactory in 2023, which landed in Nuevo Leon, Mexico, CEO Elon Musk also said earlier this year that the company could potentially reveal another new location for investment this year.
Tesla’s potential investment in Indonesia gets vote of confidence from President Jokowi
However, the possibility of that seems relatively slim after Musk’s comments on Tesla’s most recent Earnings Call, where he spoke extensively regarding unfavorable macroeconomic conditions (via The Motley Fool):
“I’m not saying things will be bad. I’m just saying they might be. And I think like Tesla is an incredibly capable ship, but we need to make sure like as — if the macroeconomic conditions are stormy, even if the best ship is still going to have tough times.”
Musk also stated that Tesla would slow down its development of the Mexico factory:
“…in Mexico, we’re laying the groundwork to begin construction and doing all the long lead items, but I think we want to just get a sense for the global economy is like before we go full tilt on the Mexico factory. I am worried about the high interest rate environment that we’re in.”
Nevertheless, Widodo believes Tesla will still be investing in Indonesia based on recent talks he has held with the company’s brass. In an interview with Bloomberg, Widodo held out hopes that Tesla could still invest as he states Musk is still in talks with his government:
“Indonesia is still communicating with Tesla. We continue to communicate with Elon Musk. Yes, we’re still talking to Elon Musk.”
Widodo went on to talk about other companies that have already committed to Indonesian investments:
“But not only with Tesla. Now, the investors that have come include Hyundai. Next year, they will start producing electric vehicles that are made with entirely locally-sourced components. There is also BYD that wants to enter.”
Of course, Tesla has also held talks with India for the better part of a decade, but terms of an agreement have yet to be established as the automaker has been hoping to test demand through imports from China. The Indian government is not keen on the idea unless Tesla commits to building a factory first.
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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.
Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.
As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.
The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.
READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site
Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.
During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.
Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.
Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.
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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama
Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.
Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.
Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.
Starting today and until U.S. tariffs are removed, Ontario is banning American companies from provincial contracts.
Every year, the Ontario government and its agencies spend $30 billion on procurement, alongside our $200 billion plan to build Ontario. U.S.-based businesses will…
— Doug Ford (@fordnation) February 3, 2025
Ford said on X today that Ontario is banning American companies from provincial contracts:
“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”
It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.
Musk responded in simple terms, stating, “Oh well.”
Oh well https://t.co/1jpMu55T6s
— Elon Musk (@elonmusk) February 3, 2025
It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.
As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.
It is also expanding to new territories across the globe on an almost daily basis.
With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.
The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.
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Tesla Megapacks chosen for 548 MWh energy storage project in Japan
