Macron to meet with Elon Musk amid electric battery push

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Macron to meet with Elon Musk amid electric battery push
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Emmanuel Macron will meet with ElonMusk on the sidelines of a gathering of some 200 global business leaders that the French president invited to Versailles to showcase his ability to lure foreign investment. Moneyweb ElectricBattery

Emmanuel Macron will meet with Elon Musk Monday on the sidelines of a gathering of some 200 global business leaders that the French president invited to Versailles to showcase his ability to lure foreign investment. In his push to raise France’s profile among investors, Macron has especially focused on making northern France a hub for the production of electric-car batteries and related materials. Musk, the world’s second-richest person, leads electric-car maker Tesla Inc.

French Finance Minister Bruno Le Maire told BFM TV on Monday that negotiations were underway with Musk regarding possible investments in France, without providing any details. Macron has been trying to reboot his second term in office after a damaging battle over pension reform that dented his popularity by announcing measures to reverse France’s industrial decline.

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