Elon Musk, center, arrives for the 10th World Water Forum in Nusa Dua, Bali, Indonesia on Monday, May 20, 2024. Indonesian military officers walk at a venue of the 10th World Water Forum in Nusa Dua, Bali, Indonesia on Monday, May 20, 2024. Indonesian presidential guard of honor line up as they prepare for the opening ceremony of the 10th World Water Forum in Nusa Dua, Bali, Indonesia on Monday, May 20, 2024.
Indonesia is keen to build up industries to exploit is rich natural resources, which include the world’s largest nickel reserves. Nickel is an important material for EV batteries and solar panels. The country has been trying for years to secure deals with Musk’s Tesla on battery investment and for Musk’s SpaceX to provide fast internet access for remote areas of the sprawling archipelago.