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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

  • vehicles. And I think when all is said and done, I am hopeful that historians will look

  • back on Tesla and say that Tesla advanced that by at least 10 years, which that would

  • be a huge victory of mine... in my mind.

  • SolarCity, of course, is on the energy production side of things because it doesn't help if

  • we have sustainable consumption of energy, but then that energy isn't produced in a sustainable

  • way. I feel quite strongly that solar power will be the single largest source of electricity

  • generation by midpoint of the century. In fact, just a simple extrapolation of the growth

  • of solar power would for sure, that that's obviously going to be the case. And also when

  • you consider that the earth is almost entirely solar powered today and that the fact that

  • we're not a frozen ice ball at say 4 degrees kelvin and it's just due to the sun. And the

  • whole ecosystem is powered by the sun. There's just an itty bitty amount of energy that we

  • need to do complicated human things. It's a tiny amount of energy really compared to

  • what the sun puts on the earth every day. And we just need to capture a little bit of

  • that and turn it into electricity. So we have to try to accelerate that with innovation.

  • And that's what SolarCity is about.

The reason I put so much time and effort into creating Tesla was because, it's always said

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B1 US tesla electric energy accelerate solar solar power

Elon Musk: Tesla and SolarCity Will Accelerate the Development of an Energy Solution

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    Leon posted on 2014/05/30
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