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EU Funding for Musk’s Companies Sparks Political Backlash

Newly disclosed figures show over €330 million in EU funds allocated to Tesla and SpaceX, prompting criticism from MEPs over ideological inconsistencies.

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Montage photo d'Elon Musk et d'un drapeau de l'Union européenne, créé à Bruxelles, le 7 janvier 2025

Overview

  • The European Commission has allocated €159 million to Tesla for EV chargers in 2023 and €177 million to SpaceX for Galileo satellite launches in 2024.
  • These subsidies were revealed following a parliamentary request by German MEP Daniel Freund, who called Musk an 'enemy of the EU.'
  • Freund has demanded an immediate cessation of EU funding to Musk's ventures, citing his alignment with Donald Trump and far-right causes.
  • The Commission is simultaneously investigating Musk’s social media platform, X, for potential violations of EU digital services regulations.
  • Critics argue that the funding undermines EU values, while supporters point to the strategic importance of Tesla and SpaceX for European infrastructure projects.