Is the company ready for the nuclear option?
Tesla CEO Elon Musk has previously hinted at the idea of building a factory in France and it appears his words haven't fallen on deaf ears as French Energy Minister Segolene Royal has given her support to the idea.
According to Reuters, Royal recently suggested the company could use the Fessenheim nuclear power plant after its reactor is shut down at the end of the year. The plan faces some challenges as local politicians and unions have protested the decision to close the country's oldest nuclear power plant as both groups are worried about job losses. However, this could become a non-issue if Tesla decides to use the facility.
Royal has already mentioned the idea to Musk and plans to meet with Tesla representatives by the end of the month. It remains unclear if Tesla is seriously considering the offer but Musk has previously said the Alsace region is an ideal place to setup a factory as its "... half in Germany, half in France, something like that."
France has also been a big proponent of electric vehicles as it offers up to $11,397 in incentives. This, in part, has helped France to become largest electric vehicle market in Europe.