Elon Musk, head of world’s largest EV company, now says we need more oil and gas

Elon Musk — the man whose Tesla and Tesla Solar have basically devoted their existence to competing with gas-guzzling cars, oil, and coal, and which briefly reached a market cap of $1 trillion and delivered nearly 1 million EVs last year — is now publicly in favor of increasing oil and gas production. He tweeted late Friday: Hate to say it, but we need to increase oil & gas output immediately. Extraordinary times demand extraordinary measures. Obviously, this would negatively affect Tesla, but sustainable energy solutions simply cannot react instantaneously to make up for Russian oil & gas exports.— Elon Musk (@elonmusk) March 5, 2022 “Obviously, this would negatively affect Tesla, but sustainable energy solutions simply cannot... Continue reading…

Elon Musk, head of world’s largest EV company, now says we need more oil and gas

Elon Musk — the man whose Tesla and Tesla Solar have basically devoted their existence to competing with gas-guzzling cars, oil, and coal, and which briefly reached a market cap of $1 trillion and delivered nearly 1 million EVs last year — is now publicly in favor of increasing oil and gas production.

He tweeted late Friday:

Hate to say it, but we need to increase oil & gas output immediately.

Extraordinary times demand extraordinary measures.

“Obviously, this would negatively affect Tesla, but sustainable energy solutions simply cannot...

Continue reading…