Over the previous weekend, crude oil costs reached highs not seen since 2008. Confronted with WTI at $120 per barrel, electrical automobile maker Tesla’s (TSLA) – Get Tesla Inc Report CEO Elon Musk chimed in on the present disaster. A few of his ideas might have stunned some.
At present, Wall Road Memes evaluations Mr. Musk’s most up-to-date Twitter takes on oil, nuclear power, and nationwide safety.
Determine 1: Tesla: How Elon Musk Sees The Oil Disaster
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Musk’s views on power
Maybe Elon Musk’s most off-brand remark, tweeted firstly of the weekend, was the next:
The CEO accomplished his thought by saying that the transfer can be a damaging for Tesla, in all probability probably the most helpful firm on this planet to have an curiosity within the power revolution. However, he concluded, “sustainable power options merely can’t react instantaneously to make up for Russian oil and gasoline exports”.
Clearly, Elon Musk differentiates between the short-term and long-term approaches to fixing the present power disaster. He’s in all probability proper that power coverage must deviate from what most would think about the perfect path ahead to deal with urgent problems with the second.
Elon went additional on the argument and proposed what appears like a medium-term answer to the world’s dependence on crude oil at this time. Right here is his tweet about nuclear power:
He went on to argue that radiation threat, a possible pushback to his proposal above, is an overblown concern. His quote: “choose what you suppose is the worst location; I’ll journey there and eat domestically grown meals on TV.”
These dangers of operating a nuclear energy program got here to the forefront previously few days. Russian forces have taken over two of Ukraine’s 4 vegetation. Considered one of them got here below assault and burned for just a few hours, late final week.
Elon Musk wrapped up by seemingly suggesting that higher visitors administration can and ought to be a part of the answer over time. His tweet:
Perhaps that is the “final boss battle”, as Elon himself described. Via self-driving expertise and using higher AI, visitors can turn into far more environment friendly — each from a pure resource- and time-consumption views.
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