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134 new news items in the last 24 hours
  1. Home
  2. Economy

Macron pleads for "European preference" and invokes Elon Musk to support public investments in industry: "he is one of the people who has received the most billions of dollars from American taxpayers"

Raluca Ioana Draghici
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12 February 2026, 06:51
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Economy
Colaj foto: www.shutterstock.com/EUS-Nachrichten & www.shutterstock.com/Frederic Legrand - COMEO
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French President Emmanuel Macron advocated, in a speech delivered in Antwerp, Belgium, for a "European preference" and for significant investments in the sectors of the future, suggesting that these should be financed through common loans at the level of the European Union.

He highlighted the American model, where both private and public money contribute to innovation, mentioning the example of Elon Musk and the subsidies he receives.

Macron emphasized that this approach is essential for Europe to remain competitive against the United States and China.

In response, Musk challenged Macron's statements, arguing that the subsidies received by Tesla and SpaceX represent only 1% of their value, while European and American aerospace companies have benefited from public funding that exceeds 100% of their value.

Sources

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Mediafax
Macron despre Musk: „Este în primul rând un tip supra-subvenționat”
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„Un tip suprasubvenționat”. Ironizat de Macron în fața industriașilor europeni, Musk i-a dat rapid replica

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