{"id":1931118,"date":"2023-05-15T10:12:13","date_gmt":"2023-05-15T14:12:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/macron-courts-teslas-musk-and-other-investors-to-choose-france\/"},"modified":"2023-05-15T10:17:14","modified_gmt":"2023-05-15T14:17:14","slug":"macron-courts-teslas-musk-and-other-investors-to-choose-france","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/macron-courts-teslas-musk-and-other-investors-to-choose-france\/","title":{"rendered":"Macron invites Musk and investors to &#8216;Choose France&#8217;."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmacron-courts-teslas-musk-and-other-investors-to-choose-france%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1931118&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>France Poised to Win Record Foreign Investment Pledges at Choose France Summit<\/h2>\n<p>French President Emmanuel Macron is set to receive global business leaders, including Tesla CEO Elon Musk, at the annual Choose France summit in Versailles. The summit is a chance for Macron to justify his pro-business reform drive and shift attention to his promotion of lower carbon industry, such as electric vehicles. Executives attending the event have already made commitments to invest a combined 13 billion euros, the most since Macron first held the summit in 2018.<\/p>\n<h3>Elon Musk Meets with Macron<\/h3>\n<p>Billionaire entrepreneur Elon Musk met with Macron at his official residence, the Elysee Palace. Over lunch at Versailles, French Finance Minister Bruno Le Maire pitched to Musk new tax credits for investments in green technology that Macron made public last week. France previously tried to convince Musk to build a European gigafactory in the country, but he chose Germany, his only European gigafactory so far.<\/p>\n<h3>France Competes on Global Stage for Investment in Green Technology<\/h3>\n<p>Macron is competing on a global stage for investment in green technology when the United States has become a magnet following the introduction of its Inflation Reduction Act. To counter that, Macron said last week France\u2019s existing cash incentive of up to 5,000 euros for buyers of new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/super-bowl-lv-all-the-best-commercials\/\" title=\"Super Bowl LV: All The Best Commercials\">electric cars<\/a> would be made conditional on their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/macron-courts-teslas-musk-and-other-investors-to-choose-france\/\" title=\"Macron invites Musk and investors to 'Choose France'.\">producers meeting tough low-carbon standards<\/a>, effectively excluding cars made outside Europe.<\/p>\n<h3>Record Investment Projects Expected<\/h3>\n<p>France expects a total of 28 investment projects from companies ranging from U.S. pharmaceutical group Pfizer to Swedish furniture maker IKEA and investment bank Morgan Stanley. In total, the projects are expected to create 8,000 jobs. The single biggest investment is a 5.2 billion euro project from a Taiwanese car battery maker in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-locks-down-city-60-miles-from-beijing\/\" title=\"China Locks Down City 60 Miles From Beijing\">northern port city<\/a> of Dunkirk, which Macron announced on Friday. It is followed by a 1.5 billion euro battery components plant also in Dunkirk in a joint venture between Chinese group XTC and French firm Orano.<\/p>\n<ul>\n<li>IKEA has plans to invest 906 million euros by 2026<\/li>\n<li>Pfizer has budgeted 500 million euros to expand in France over the same period<\/li>\n<li>British rival GSK with 400 million euros<\/li>\n<li>Morgan Stanley is expected to announce the creation of 200 new banking jobs in Paris<\/li>\n<\/ul>\n<p>France is poised to win record foreign investment pledges at the Choose France summit, with commitments already totaling 13 billion euros. The summit is a chance for President Emmanuel Macron to promote his pro-business reform drive and shift attention to his promotion of lower carbon industry. Executives attending the event have already made commitments to invest a combined 13 billion euros, the most since Macron first held the summit in 2018. Billionaire entrepreneur Elon Musk met with Macron at his official residence, the Elysee Palace, and French Finance Minister Bruno Le Maire pitched to Musk new tax credits for investments in green technology. France expects a total of 28 investment projects from companies ranging from U.S. pharmaceutical group Pfizer to Swedish furniture maker IKEA and investment bank Morgan Stanley. In total, the projects are expected to create 8,000 jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michel Rose and Tassilo Hummel PARIS (Reuters) -France is poised to win record foreign investment pledges when President Emmanuel Macron receives global business leaders, including Tesla\u2019s Elon Musk, on Monday at the annual Choose France summit in Versailles. Advertisement For the president, whose popularity has suffered from a widely unpopular proposal to raise the<\/p>\n","protected":false},"author":66,"featured_media":1931119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[9575,5777,5311,4477,6103,4250],"class_list":["post-1931118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-choose","tag-france","tag-investors","tag-invites","tag-macron","tag-musk"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1931118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1931118"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1931118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1931119"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1931118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1931118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1931118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}