European leaders host Musk, chase Tesla investment | Business

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Billionaire Elon Musk swept into Paris on Friday for his second meeting with French President Emmanuel Macron in recent weeks, as European capitals jostle for investment from his electric car firm Tesla.

Musk and Macron held talks in May and afterwards he said he was considering big investments in France.

The electric carmaker's European footprint is relatively small, having opened its first manufacturing plant in Germany last year.Macron gave details of his intentions during a walk around the aisles of VivaTech on Wednesday. "I'm also going to talk to him about cars, batteries and the sector, to tout the attractiveness of France and Europe."

But despite the breadth of Musk's business empire -- his brain implant firm Neuralink recently got US approval to start human tests -- it is his acquisition of social media network Twitter that continues to fascinate and baffle observers. He bought the platform for $43 billion, sacked much of its staff, allowed right-wing conspiracy theorists to return and introduced all sorts of fees and charges.He admits the platform is no longer worth anywhere near the amount he paid.

 

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