French President Emmanuel Macron met billionaire entrepreneur Elon Musk at the Elysee Palace on Monday (May 15), ahead of a business conference in Versailles.
Musk, the CEO of Tesla who bought social network Twitter in a $44 billion deal last year, had a one-on-one meeting with Macron at the palace, and was set to have lunch with Finance Minister Bruno Le Maire, the finance ministry told Reuters.
Musk will also attend the sixth edition of the annual "Choose France" summit in Versailles, aimed at boosting international investment in France.
Le Maire told BFM TV that the talks between the government and Musk would cover several topics, including electric cars.
Asked by BFM TV if any announcement was likely, Le Maire said "all investments that are being made today are the result of months or even years of negotiations."
Before meeting with Musk, Macron also sat for talks with Pfizer CEO Albert Bourla, who will also be attending the "Choose France" summit.
Pfizer has budgeted 500 million euros to expand in France until 2026, while British rival GSK will invest 400 million euros, Macron's office said.
Facing pressure over a widely unpopular proposal to raise the French retirement age - which weighed on Macron's approval ratings - the president has been seeking to win back momentum by championing a push towards the green industry sector.
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