France hopes to attract significant investments from Tesla CEO Elon Musk in the production of electric vehicles in Europe. This news is reported by Reuters.
Musk recently met with representatives of the French government, including President Emmanuel Macron, to discuss possible future production sites.
French Finance Minister Bruno Le Maire expressed hope that Musk would choose France for significant investments in the production of electric vehicles in Europe.
When asked whether the investments could be in batteries or other parts of Tesla's business, Bruno Le Maire said that several options are currently being considered.
"Elon knows that he is welcomed with open arms in France, but the decision is up to him," Le Maire said.
France considers itself a well-known center of the automotive industry and actively supports the development of the electric vehicle industry. The country has its own car manufacturers, such as Renault and Peugeot, as well as large-scale production of components for the automotive industry.
Tesla joining the list of companies that produce electric vehicles in France would be an important step forward for the development of the local automotive industry and would help create new jobs and prospects for the industry.
At the same time, Tesla's investment in the production of electric vehicles in France could also have a positive impact on the country's economy and strengthen France's position in the global electric vehicle market.
At the moment, it remains dependent on Musk's decision as to which country will become the site for Tesla's new investments in Europe. France is doing its best for this and is counting on a positive decision from the famous entrepreneur.
e-finance.com.ua