Tesla's decision to delay the establishment of a plant in Indonesia could slow down its expansion plans in the region. This could potentially lead to a negative impact on its stock price in the short term as investors may see this as a sign of slower growth.

While Tesla's decision could have been a positive factor for the Indonesian economy and thus for EIDO, it's just one company and the overall impact on the ETF, which covers a broad range of Indonesian companies, is likely to be limited.