Indonesia says Tesla strikes US$5 billion deal to buy nickel products: Media

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JAKARTA: US carmaker Tesla has signed contracts worth about US$5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia. Southeast Asia's biggest economy has been trying to get Tesla to set up a production facility in the co

JAKARTA: US carmaker Tesla has signed contracts worth about US$5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.

"We are still in constant negotiation with Tesla ... but they have started buying two excellent products from Indonesia," Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said in an interview broadcast on Monday .

 

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