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June 1, 2017

Would Musk Profit From The Paris Climate Accord?

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Yesterday, Tesla founder Elon Musk threatened to leave a presidential advisory council is President Trump withdraws the United States from the Paris Climate Accords:

The Paris Climate Accord would require a massive change to renewable energy sources such as solar and wind, along with a rapid shift to electric vehicles.

From Solar City to Tesla, Musk’s solar energy and electric vehicle businesses are backed by billions in taxpayer subsidies, and it’s hard to miss the fact that Musk’s businesses would stand to benefit even more by a government policies that would push America further toward solar energy and electric vehicles.