As speculated in our earlier report, Tesla – the leading BEV company in the world – is coming to Malaysia officially. A statement from the Ministry of Trade & Industry (MITI) today has confirmed that approval has been given for the carmaker, owned by Elon Musk who is one of the richest men in the world, to import Tesla vehicles.
Tesla’s application was considered under MITI’s program to attract Battery Electric Vehicle Global Leaders to invest in Malaysia and develop the EV industry and ecosystem. It is the first company to be given approval under this program and has been allocated APs (Approved Permits) for the importation of its vehicles although the number has not been mentioned, nor if there is a local partner involved. As mentioned earlier, Tesla has a subsidiary company registered in Malaysia which it has 100% ownership of.
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