Tesla Investment in Malaysia Hinges on Market Conditions, says Zafrul

Written By Lavinia Abirami Selva Kumaran

The Edge | 21st February 2025

KUALA LUMPUR (Feb 20): The potential move by Tesla Inc to establish a manufacturing plant in Malaysia remains under discussion, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, noting that the electric vehicle (EV) maker may evaluate commercial viability amid intensifying competition in both regional and domestic markets.

Speaking in Dewan Rakyat on Thursday, Zafrul reiterated that Malaysia’s initial engagement with Tesla in 2023 primarily focused on setting up EV-related infrastructure, such as charging stations and sales operations, while plans for a manufacturing plant are still being deliberated.

“Several other Southeast Asian countries are also seeking to attract Tesla, but competition from other EV brands is affecting their efforts,” he said when winding up the debate on the motion of thanks for the royal address.

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