Tech billionaire Bill Gates casts doubt on Tesla CEO Elon Musk’s plan to bring electric vehicles into the world of long-haul trucks, the latest jab business between the two business leaders.
“The problem is that the batteries are large and heavy,” Gates wrote in a blog post in late August. “Even with major breakthroughs in battery technology, electric vehicles probably won’t be a practical solution for things like 18-wheelers, cargo ships, and passenger jets. Power works when you need to travel short distances, but we need heavy Requires a different solution, long haul vehicles. ”
Tickets not received S&P 500, TESLA
Gates pointed to bioenergy – rather than battery power – as a possible solution for commercial vehicles.
Musk has reportedly directed Tesla to produce a semi-production, a commercial vehicle that has a range of up to 500 miles, for its upcoming debut, Reuters reported in June. By 2019, companies including Pepsi, FedEx, Walmart, UPS and Cisco had placed orders for Tesla semis.
In his blog post, Gates also excluded Tesla from a list of companies that have achieved success in electric vehicle technology, even though Tesla has promoted its first-ever debut Cybertbrook.
“[I]Increasing competition in the market means that customers have more options than ever before, from compact sedans to sleek sports cars, “Gates wrote.” You will soon be able to buy an all-electric pick-up truck for the heritage. Companies like GM and Ford and new carmakers such as Rivian and Bollinger.
Read more on Fox Business
Two billionaires do not always see eye to eye. Musk has repeatedly claimed that coronavirus panic is high, while Gates has warned of the possibility of an epidemic in the world for many years.
Musk called Gates “undergarment” and trolled Microsoft co-founder with posts like “The Rumor Joe Bill Gates” [and] I am lover is completely untrue. ”
Click Here To Get Fox Trade On The Go
Tesla did not immediately receive a Fox Business investigation back.
Fox Business’ Jonathan Garber contributed to this report.