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Elon Musk has not lost his penchant for hype. Tesla’s (TSLA.O) boss told investors earlier this month that the $855 billion carmaker can keep growing production by at least 50% a year “for quite a while”.
“Let’s stop dithering, let’s stop mucking around and make the switch to green as soon as possible, Hydrogen would rival coal as a key input in steelmaking within a decade”, Forrest said in a Bloomberg Television interview on Thursday.
“As Charles Kindleberger argues in his analysis of financial market bubbles, while three factors create bubbles, only one brings about their demise. That one factor is the removal of cheap money (which always underpins them).”