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.
