Musk Puts $14 Trillion Price Tag on Sticking by Fossil Fuels (3)

April 6, 2023, 12:53 PM UTC

Converting the world to entirely clean energy will require $10 trillion worth of investment, but continuing to rely on fossil fuels would cost about $14 trillion, according to Elon Musk.

A massive build-out of solar-panel factories and metal refineries are required over the next 20 years to deliver renewable-power generation and electricity-storage capacity needed to power the global economy entirely with carbon-free energy, Tesla Inc. said in its Master Plan Part 3 published Thursday.

Read more: Tesla’s Master Plan Disappoints With No New Cars

The white paper fleshes out the details of Musk’s vision for a world without fossil ...

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