The meeting between Tesla Inc founder and chief executive officer Elon Musk and Prime Minister Datuk Seri Anwar Ibrahim would prompt a chain reaction on the nation’s journey towards becoming an electric vehicle (EV) hub in the region, said Dr Yeah Kim Leng.
Sunway University economics professor noted that a fruitful discussion between the global EV giant and the Malaysian leader, expected to take place within this week, will also lead to further commitments that could benefit the Malaysian economy in general,
according to The Star.
"Iconic investments typically have larger spillover effects through enhancing, strengthening local and foreign investor confidence as well as crowding in investments. This could open up more opportunities for the suppliers, service providers as well as parts and components manufacturers to actively engage with the EV industry,” cited the news site.