Do You Know Tesla Made More Money This Quarter Than All U.S. Oil Companies Made Last Year
Signs of the times. This past quarter, Elon Musk’s Tesla company made a profit of $22 million, while the entire U.S. oil industry lost a total of $67 billion last year, according to the U.S. Energy Information Administration. This is in part due to the global oil prices falling, as well as humanity’s awakening push for clean, renewable energy. According to the Renewable Energy Institute, the price efficiency of solar technology will be better than fossil fuel by 2025 and will continue to get cheaper and cheaper until that time. (more…)
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