The global business industry continues to grow rapidly in many aspects as increasingly more companies strive to reach their various goals. America’s Tesla is leading the charge against its competitors in the electric vehicle industry. Its dominant position in the global EV industry is unsurprising, considering its fast and efficient strategy in penetrating new markets.
Tesla is known to aggressively pursue business prospects as soon as it determines that conditions are ideal in a particular market. In fact, its remarkable entries into new markets are usually revolutionizing to the point that it changes local firms’ and governments’ perspectives.
The Musk-led automaker indeed moves rapidly and hits its targets ahead of the timeline, which recently gained Malaysia Prime Minister Anwar Ibrahim’s interest.
“Be efficient like Tesla,” PM Anwar says
Prime Minister Anwar Ibrahim previously commended Tesla during his lecture with 1,000 Dell Technologies employees at its Bukit Minyak factory.
He expressed his awe towards Tesla’s speed in establishing its Malaysian headquarters. He further asserted that the country’s civil servants must leave their traditional approaches to completing significant tasks by adopting Tesla’s remarkable business efficiency.
His remarks did not just focus on the automaker’s efficient business activities. It was also a “call to action” for the country’s public sector. He called for the application of modern technologies, faster decision-making, and adaptive approaches.
For instance, Prime Minister Anwar noted that Tesla CEO Elon Musk only confirmed its plans to invest in Malaysia just about a half month ago. Impressively, a company regional chief was already prepared to negotiate to build acquirement in just ten days.
“Half a month ago, he (Musk) gave his commitment. Ten days ago, he sent his regional chief to meet me to tell me they are buying a huge building in Cyberjaya, and they want me to officiate the opening.
All this in weeks … (But) we are so slow. That is why I tell our civil servants that we cannot be (set) in our old ways. ‘Managing, tender, discuss, commissions’. We can’t anymore.”Prime Minister Anwar Ibrahim (via Free Malaysia Today)
In hindsight, the Tesla boss and the Malaysian PM had a 25-minute meeting regarding the automaker’s planned local headquarters and service centers on July 14. Six days later, the Malaysian Investment Development Authority announced that the Musk-led company would build its head office and service center in Cyberjaya.
- Tesla finally brings its luxury EVs to Malaysia
- Tesla to penetrate the Malaysian EV market this month
- Tesla partners with Oneida Indian Nation for its first Upstate New York sales showroom
- Southeast Asia lags in terms of electric vehicle adoptions
- Tesla to penetrate the Malaysian auto market with its EVs, Supercharger Network, and Service Centers
The Malaysia Prime Minister’s positive comments on Tesla’s business model demonstrate that the American electric automaker does not only reshape the global auto industry. It has also set a new standard for how businesses operate efficiently to ensure their growth and profitability.