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Elon Musk Says World Needs More Oil and Gas

August 29, 2022

Tesla Inc. TSLA -2.70%▼ boss Elon Musk told European energy leaders that the world needs more oil and natural gas and should continue operating nuclear power plants while investing heavily in renewable energy sources.

“I think we actually need more oil and gas, not less, but simultaneously moving as fast as we can to a sustainable energy economy,” Mr. Musk, Tesla’s chief executive and largest shareholder, told a conference in Stavanger, Norway.

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