Elon Musk Will Meet With Indonesian Officials To Discuss Nickel

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Elon Musk Will Meet With Indonesian Officials To Discuss Nickel
Posted On: May 10, 2022

Tesla CEO Elon Musk is reportedly set to meet with Indonesian President Joko Widodo as early as this week to discuss electric vehicle supply chain development in the Southeast Asian country.


Tesla representatives traveled to Indonesia last week to discuss nickel production at a hub in the country, according to a report from Reuters. The reps, who have not traveled back to the United States yet, were confirmed to be in Indonesia to visit the nickel plant by Luhut Binsar Pandjaitan, the country’s Coordinating Minister of Investment and Maritime Affairs.


"They will visit Morowali. They are very satisfied with the data they have received so far," Luhut said.


Luhut met with Musk in April to discuss Indonesia’s nickel mines at Tesla’s new Gigafactory Texas facility outside of Austin. "I did not expect to be greeted so cordially and cordially by the CEO of Tesla, Elon Musk, at the Tesla Giga Factory in Austin, Texas," Luhut said in an Instagram post. "This is indeed the first time for Elon and I to meet, but actually, our communication has been established for the past two years. For about an hour, I conveyed the potential raw material for electric vehicle batteries, which we are currently exploring through the mineral downstream program."


Nickel has become an extremely high-demand material as electric vehicle battery production has started to increase across the automotive industry. Now that so many automakers are developing E.V.s, the supply of battery materials is where many companies are beginning to look to develop their own cells, along with buying others from suppliers. Nickel is becoming a crucial plan for so many car companies who are scrambling to develop different cell chemistries to cater to different range ratings and performance needs.


Source: Re-posted and Summarized from Joey Klender at teslarati.


My Take: Sounds like a win, win scenario.


Re Posted From: Elon Musk Will Meet With Indonesian Officials To Discuss Nickel

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[BACK]
Elon Musk Will Meet With Indonesian Officials To Discuss Nickel
Posted On: May 10, 2022

Tesla CEO Elon Musk is reportedly set to meet with Indonesian President Joko Widodo as early as this week to discuss electric vehicle supply chain development in the Southeast Asian country.


Tesla representatives traveled to Indonesia last week to discuss nickel production at a hub in the country, according to a report from Reuters. The reps, who have not traveled back to the United States yet, were confirmed to be in Indonesia to visit the nickel plant by Luhut Binsar Pandjaitan, the country’s Coordinating Minister of Investment and Maritime Affairs.


"They will visit Morowali. They are very satisfied with the data they have received so far," Luhut said.


Luhut met with Musk in April to discuss Indonesia’s nickel mines at Tesla’s new Gigafactory Texas facility outside of Austin. "I did not expect to be greeted so cordially and cordially by the CEO of Tesla, Elon Musk, at the Tesla Giga Factory in Austin, Texas," Luhut said in an Instagram post. "This is indeed the first time for Elon and I to meet, but actually, our communication has been established for the past two years. For about an hour, I conveyed the potential raw material for electric vehicle batteries, which we are currently exploring through the mineral downstream program."


Nickel has become an extremely high-demand material as electric vehicle battery production has started to increase across the automotive industry. Now that so many automakers are developing E.V.s, the supply of battery materials is where many companies are beginning to look to develop their own cells, along with buying others from suppliers. Nickel is becoming a crucial plan for so many car companies who are scrambling to develop different cell chemistries to cater to different range ratings and performance needs.


Source: Re-posted and Summarized from Joey Klender at teslarati.


My Take: Sounds like a win, win scenario.


Re Posted From: Elon Musk Will Meet With Indonesian Officials To Discuss Nickel

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