President Ferdinand R. Marcos Jr. on Monday lauded Tesla for investing in the Philippines and trusting on the government’s forward-thinking policies and innovation drive.
In his speech, President Marcos pointed out that the Philippine’s infrastructure and policies support the industry and its aspiration for more utilization of Electric Vehicles (EVs).
“Tesla’s decision to invest in the Philippines is a recognition of our nation’s potential, underpinned by forward-thinking policies and a collective determination to innovate,” President Marcos said on Monday.
“As Tesla lays a groundwork, and as we invest in infrastructure and implement policies supporting the industry, competition will grow. Then, what may seem as aspirational today – half of the vehicles in our streets as EVs – will become attainable tomorrow,” he added.
The Chief Executive emphasized that more than sustaining the environment, Tesla empowers local workforce, invests in Filipino talents, and builds a generation of Filipinos equipped with globally sustainable technologies.
President Marcos also invited Tesla to choose to manufacture its vehicles in the Philippines in the future.
“Tesla is building a generation of Filipinos equipped to lead in the global shift towards sustainable technologies such as this,” the Chief Executive said.
“It is our fervent hope that Tesla might one day choose to manufacture its vehicles in the Philippines,” he added.
Before he ended his speech, President Marcos thanked Tesla for believing in the Philippines and its potential.
He also urged the Filipinos to work together with the shared journey of sustainability, inclusivity, and innovation and in creating a path that is bold, purposeful, and uniquely Filipino.
“To Tesla, thank you for believing in the Philippines. Your investment in the country extends beyond transportation and infrastructure; it is in the people and potential of the country. To the Filipino people, let us work together to ensure that this milestone runs parallel with our shared journey towards sustainability, inclusivity, and innovation.”
“The path forward is ours to create—bold, purposeful, and uniquely Filipino.” (PND)
