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https://www.wsj.com/articles/emmanuel-macron-courts-elon-musk-amid-duel-with-u-s-for-battery-supremacy-98e6ee2

Emmanuel Macron Courts Elon Musk Amid Duel With U.S. for Battery Supremacy

French leader aims to counter U.S. subsidies and tax incentives

By Stacy Meichtry

and Sam Schechner

Updated May 15, 2023 3:05 pm ET

Most of Elon Musk’s wealth is tied up in shares of his companies. That means volatility in their stock and valuations can directly sway his net worth. WSJ breaks down the outlook for Musk’s businesses and where he stands among the world’s richest people. Illustration: Michael Tabb

PARIS—French President Emmanuel Macron held talks with Elon Musk Monday as part of his drive to counter U.S. subsidies and tax incentives that European officials say risk luring away investment in batteries and other technologies pivotal to the energy transition.

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