Stock Market News

Minister Barrot says he wants a Tesla Gigafactory in France

2023.06.14 11:59


© Reuters. Minister Barrot says he wants a Tesla (TSLA) Gigafactory in France

French digital minister, Jean-Noel Barrot expressed desires Wednesday for Tesla (NASDAQ:) to build a gigafactory in his country, as President Emmanuel Macron prepares to meet Tesla CEO Elon Musk for the second time in just over a month.

“It will be great to have a Tesla factory in France. There has been a lot of effort and energy to make sure this is possible and this can happen,” Jean-Noel Barrot told CNBC.

France has been courting Chinese EV giant BYD (SZ:) and Tesla to build factories in the country.

“We have also invested in an … entire sector of electric batteries so we will try to convince (Elon Musk) that France is the best possible place in Europe to establish the next Tesla factory,” Barrot said.

During a May 15th meeting between Musk, Macron, and Finance Minister Bruno Le Maire, the CEO said he was confident Tesla would make “significant investments” in France in the future but shied from providing a timeline.

Macron said on Wednesday he would meet Musk again on Friday.

France previously attempted to persuade Musk to build his first European gigafactory in the country, but Musk chose Germany.

Shares of TSLA are up 0.19% near mid-day trading on Wednesday.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,622.42 0.14%
ethereum
Ethereum (ETH) $ 3,449.67 3.22%
tether
Tether (USDT) $ 1.00 0.14%
solana
Solana (SOL) $ 259.07 1.01%
bnb
BNB (BNB) $ 662.57 2.60%
xrp
XRP (XRP) $ 1.49 5.81%
dogecoin
Dogecoin (DOGE) $ 0.450646 10.55%
usd-coin
USDC (USDC) $ 1.00 0.10%
cardano
Cardano (ADA) $ 1.08 2.12%
staked-ether
Lido Staked Ether (STETH) $ 3,449.65 3.27%
tron
TRON (TRX) $ 0.215106 3.17%
avalanche-2
Avalanche (AVAX) $ 42.66 3.60%
the-open-network
Toncoin (TON) $ 6.49 16.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 8.23%
stellar
Stellar (XLM) $ 0.536392 20.16%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,067.83 2.63%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,165.30 0.24%
polkadot
Polkadot (DOT) $ 9.36 31.84%
chainlink
Chainlink (LINK) $ 17.97 6.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 519.70 5.67%
sui
Sui (SUI) $ 3.55 0.08%
weth
WETH (WETH) $ 3,451.06 3.15%
pepe
Pepe (PEPE) $ 0.000021 4.96%
leo-token
LEO Token (LEO) $ 8.63 1.58%
near
NEAR Protocol (NEAR) $ 6.50 3.65%
litecoin
Litecoin (LTC) $ 101.41 0.20%
aptos
Aptos (APT) $ 13.28 4.81%
uniswap
Uniswap (UNI) $ 10.99 7.31%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,628.04 2.99%
hedera-hashgraph
Hedera (HBAR) $ 0.154574 6.50%
internet-computer
Internet Computer (ICP) $ 11.76 3.42%
crypto-com-chain
Cronos (CRO) $ 0.201332 6.18%
usds
USDS (USDS) $ 1.00 1.02%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.588878 11.71%
ethereum-classic
Ethereum Classic (ETC) $ 30.31 1.84%
render-token
Render (RENDER) $ 8.02 3.59%
bittensor
Bittensor (TAO) $ 537.32 1.41%
kaspa
Kaspa (KAS) $ 0.156145 0.33%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.49 12.36%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
bonk
Bonk (BONK) $ 0.000049 1.81%
arbitrum
Arbitrum (ARB) $ 0.887416 6.54%
whitebit
WhiteBIT Coin (WBT) $ 24.83 0.85%
vechain
VeChain (VET) $ 0.043663 12.50%
dai
Dai (DAI) $ 1.00 0.13%
cosmos
Cosmos Hub (ATOM) $ 8.92 11.68%
filecoin
Filecoin (FIL) $ 5.69 12.75%
dogwifcoin
dogwifhat (WIF) $ 3.39 5.47%
mantra-dao
MANTRA (OM) $ 3.72 3.34%
blockstack
Stacks (STX) $ 2.12 3.08%