Tuesday, January 11, 2022 10:27:59 AM
Elon Musk broke it down:
There are around two billion cars and trucks in use in the world.
Annual production capacity is around 100 million vehicles per year.
Cars and trucks last around 20 years before they go to the junkyard.
Electric vehicles are “still well under one percent” of the global fleet.
That means it will likely take 30 to 40 years before Tesla doesn’t have to do any more mining for batteries, or 2050 to 2060.
Just imagine if a company brought a reduced CO2 emission combustible fuel to the market!
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