ads
Elon Musk will speak with Bruno Le Maire, the finance minister, about recently announced tax credits for green investments. The Elysee Palace confirmed earlier media reports that Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris. According to the finance ministry, the Tesla CEO will have lunch with Macron at the palace before purchasing the social media platform Twitter in a $44 billion deal last year. The Elysee Palace confirmed earlier media reports that Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris. According to the finance ministry, the Tesla CEO will have lunch with Macron at the palace before purchasing the social media platform Twitter in a $44 billion deal last year.
According to the ministry, Le Maire and Musk will talk about recently announced tax credits for green investments that were unveiled to compete with the U.S. Inflation Reduction Act (IRA). According to Le Maire, the government and Musk would also discuss electric vehicles during their discussions.
Le Maire responded, “All investments that are being made today are the result of months or even years of negotiations,” when asked by BFM TV if any announcement was likely. The French government has been trying to regain momentum after coming under fire for a proposal to raise the retirement age in France, which has received little support.
ProLogium’s first overseas car battery plant was awarded to France last week, defeating Germany and the Netherlands in the process, according to executives from the Taiwanese company. This was made possible by intense government lobbying, deal incentives, and affordable power prices.
ads
