Elon Musk: Tesla and SolarCity Will Accelerate the Development of an Energy Solution
Serial entrepreneur Elon Musk explains how Tesla and SolarCity address energy consumption and energy production respectively - a critical step to realizing ...
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The reason I put so much time and effort into creating Tesla was because, it's always said to me that the transportation won't go electric and should go electric, but we have an unpriced externality in the negative effects of gasoline and on the environment and also in the wars that we fight and national security and that kind of thing. Whenever you have an unpriced externality you can't quite rely on the market to do the right thing. So in order to have electric vehicles come sooner than they otherwise would... electric vehicles were always going to be the long-term transportation mechanism, but to make that day come sooner, you have to bridge the gap with innovation. That was the goal with Tesla is to try to serve as a catalyst to accelerate the day, the day of electric vehicl...
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The reason I put so much time and effort into creating Tesla was because, it's always said to me that the transportation won't go electric and should go electric, but we have an unpriced externality in the negative effects of gasoline and on the environment and also in the wars that we fight and national security and that kind of thing. Whenever you have an unpriced externality you can't quite rely on the market to do the right thing. So in order to have electric vehicles come sooner than they otherwise would... electric vehicles were always going to be the long-term transportation mechanism, but to make that day come sooner, you have to bridge the gap with innovation. That was the goal with Tesla is to try to serve as a catalyst to accelerate the day, the day of electric vehicl...
