French President Macron courts Tesla's Elon Musk ahead of 'Choose France' Summit

Twitter CEO Elon Musk called on Prime Minister Emmanuel Macron on Monday in Versailles ahe of Choose France Summit, targeted to attract businesses and investors to invest in France. Macron emphasised that “we have so much to do toger”, indicating that he is aiming for investments from Musk’s multiple companies or than Tesla. Musk met Macron in Elysee Palace, president's official residence.

After meeting, French President Macron took to Twitter and said, “With @ElonMusk, we talked about attractiveness of France and significant progress in electric vehicle and energy sectors. We also talked about digital regulation. We have so much to do toger. See you this afteron at #ChooseFrance Summit!”

For French president, Choose France Summit comes as an opportunity to revive his im as Macron’s popularity has suffered due to protests against government’s decision to raise French retirement .  summit provides him with an opportunity to defend his pro-business reform policies and draw attention to his vocacy for lower-carbon industries like electric automobiles. number of investment commitments from business leers present at summit in Versailles, close to Paris, has reached its highest level since Macron first hosted meeting in 2018.

Musk quitting as Twitter CEO

This development comes after Musk informed public that he will be appointing a new CEO for Twitter and will step down from position. As soon as he anunced this shares of his legacy company Tesla shot up as w people believe that billionaire will get more time to focus on Tesla after getting away from managing his $44 billion fancy purchase.