Tesla quitting SEA purely commercial


A Miti spokesperson said this does not reflect the industrial reforms and improved investment landscape that Miti and its agencies have worked on since December 2022.

KUALA LUMPUR: Tesla Inc’s reported decision to scrap plans for its production operations in South-East Asia could be the electric carmaker’s global operations commercial decision, says the Investment, Trade and Industry Ministry (Miti).

A spokesperson from Miti said this does not reflect the industrial reforms and improved investment landscape that Miti and its agencies have worked on since December 2022.

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