He named Malaysia as a preferred investment destination and encouraged the investor community to invest in the country. Sabri said he had personally invited Tesla to invest in car production in Malaysia.
According to local media in Malaysia, the head of the relevant industry in the United States has suggested that Tesla should invest in a factory in Malaysia to produce electric vehicles.
Tesla is a very attractive business for any country’s economy. The construction of the Tesla factory will bring a lot of job opportunities and generous taxes to the host country. At present, in addition to the domestic factory in the United States, Tesla’s super factories in Shanghai, China and Berlin, Germany have been put into use.
According to Tesla’s disclosed revenue data, Tesla’s total revenue in the first quarter was $18.756 billion, and its net profit was $3.318 billion, an increase of 658% over the same period last year. In the first quarter of 2022, Tesla’s revenue in the Chinese market reached $4.65 billion, a year-on-year increase of 52.8%.