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Elon Musk is CEO of the world’s biggest electric car manufacturer, Tesla. The company relies on the demand for renewable energy demand in order to maintain it’s nearly $1 trillion market cap. One would think it would behoove Musk to want fossil fuels to go away as quickly as possible.
But on top of being the richest man in the world, Musk prides himself on being a pragmatic human being. In times like these with prices skyrocketing and people across the globe hurting financially, he said something that actually hurts his own fortune. He called for fossil fuel production to increase.
“Hate to say it, but we need to increase oil & gas output immediately. Extraordinary times demand extraordinary measures.”
Hate to say it, but we need to increase oil & gas output immediately…