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Biden’s IRA sees Tesla and others review investments in Europe

European companies including Northvolt, Linde, Volkswagen, Enel have all expressed interest in profiting from the U.S. subsidies.Experts have argued that the simplicity of the IRA is too attractive to pass up on.But Europe cannot afford to lose key investments as it struggles with a cost-of-living crisis.Elon Musk, Tesla CEO, on a stage at the Tesla Gigafactory in Grünheide, Germany.Picture Alliance | Picture Alliance | Getty ImagesTesla recently announced a strategy shift away from Europe as it seeks to benefit from unprecedented subsidies in the United States. But it's not the...
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