CEO ElonMusk has been making the rounds of leaders in Spain and Italy, too, looking for the next place to plant the EV maker's flag.
Tesla CEO Elon Musk has been spending time in Europe this month as the electric automaker is searching for a place to build anotherThis week, Musk met with French president Emmanuel Macron and, separately, with Italian prime minister Giorgia Meloni.Tesla CEO Elon Musk and French president Emmanuel Macron met this week for the second time in a month, as rumors grew that the California-based electric vehicle company will build another factory somewhere in Europe.
"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," France's digital minister, Jean-Noël Barrot, told CNBC. "We have also invested in an . . . entire sector of electric batteries, so we will try to convince him that France is the best possible place in Europe to establish the next Tesla factory."At Tesla’s berlin gigafactory in germany, march 2022.
Tesla isn't the only EV company France would like to see set up shop in-country. France has been talking to Chinese automaker BYD, which announced earlier this month that it would start selling five EVs in France by the end of 2023. According to , BYD is considering France, Spain, or Germany for its first European factory. BYD hopes to start producing EVs in Europe in 2025.
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Italy rules Pirelli's Chinese top investor Sinochem cannot choose CEO - sourceItaly's government has ruled that China's Sinochem cannot designate the chief executive of tyremaker Pirelli despite being its main shareholder with a 37% stake, a source familiar with the matter told Reuters on Saturday.
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Italy rules Pirelli's Chinese top investor cannot choose CEOThe move is meant to shield the tire maker's autonomy at a time of strained relations between China and the West.
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Italy rules Pirelli's Chinese top investor Sinochem cannot choose CEOThe move is meant to shield the tire maker's autonomy at a time of strained relations between China and the West.
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Spain's PLD Space aborts test rocket launch -webcastSpanish startup PLD Space aborted a test launch of its reusable Miura-1 rocket at the last moment early on Saturday, a live webcast showed, in the latest setback to European attempts to develop mainland launch capacity for small payloads.
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Spain's PLD Space aborts test rocket launchSpanish startup PLD Space aborted a test launch of its reusable Miura-1 rocket at the last moment early on Saturday in the latest setback to European attempts to develop mainland launch capacity for small payloads.
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