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Time of India
22-06-2025
- Business
- Time of India
Elon Musk's 'wake-up call' for America echoes what brother Kimbal Musk said on Donald Trump's 'One Big Beautiful Bill'
Elon Musk donald trump conflict Elon Musk has once again cautioned the US government, saying that China's solar power generation is on a trajectory to surpass the entire electricity output of the US within the next three to four years. His claim comes days after his brother, Kimbal Musk , criticised President Donald Trump's proposed 'Big, Beautiful Bill,' warning that the legislation would cripple the US renewable energy sector and jeopardize American energy independence . 'Solar power in China will exceed ALL sources of electricity combined in the USA in 3 to 4 years. Wake up call,' Musk said in a post which showed data from Ember, a global energy think tank. Ember's data chart suggests China's solar output hit 100 TWh in May 2025 and is doubling every two years, outpacing the US's 400 TWh monthly total. Musk brothers raise concerns on 'Big, Beautiful Bill's' impact on power generation The concerns of the Musk brothers centre on the future of solar and wind power in the US, which they argue would be decimated by the new bill. Kimbal Musk, an entrepreneur and board member of Tesla and SpaceX, criticised the bill last week with a stark warning about the legislation's impact. "American Energy Independence is critical to our national security. The new bill will drive solar and wind energy growth to zero. Zero," Kimbal Musk stated publicly. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo He argued that the halt in renewable expansion would force the US into a desperate scramble for traditional energy sources, directly undermining its ability to compete globally, particularly with China. 'We will need 25 new natural gas plants built per year to replace our amazingly successful solar and wind energy growth that this bill will kill,' he projected. Highlighting the urgency, he added, 'Do the math. It takes 5-7 years to build a natural gas plant. The AI race will be won or lost in the next few years. Our energy grids are already collapsing.' He shared a post on X (formerly Twitter) from Jesse Peltan, co-founder of HODL Ranch, to which Musk replied, 'They don't understand.'
Time of India
18-06-2025
- Business
- Time of India
Elon Musk reacts to his brother's criticism of Donald Trump's 'One Big Beautiful Bill'
Elon Musk has echoed the concerns of his brother Kimbal Musk over the future of American energy independence and about the impact of President Donald Trump 's 'Big, Beautiful Bill' on renewable energy growth. Kimbal Musk criticised the new legislation, arguing that it would halt the expansion of solar and wind power in the United States. He asserted that the bill's provisions would necessitate the construction of 25 new natural gas plants per year to compensate for the renewable energy growth that would be lost. "American Energy Independence is critical to our national security. The new bill will drive solar and wind energy growth to zero. Zero," he said. Kimbal Musk fired 'China warning' in terms of energy consumption He also questioned where the US will get enough energy to compete with China. "We will need 25 new natural gas plants built per year to replace our amazingly successful solar and wind energy growth that this bill will kill. Do the math. It takes 5-7 years to build a natural gas plant. The AI race will be won or lost in the next few years. Our energy grids are already collapsing," he added. "We need more energy now, not in 2032. American Energy Independence goes away because of a grudge against solar? Come on guys, we can do better than this," Kimbal Musk noted. His post got a reply from Jesse Peltan, co-founder and CTO of HODL Ranch, who shared a graph that showed how China's solar and nuclear energy is better than the US. "They don't understand," said Peltan. Musk shared Peltan's post, saying, "They sure don't." The bill is argued to effectively roll back key clean energy tax incentives established by previous administrations, particularly under the Inflation Reduction Act. It is also argued that it will accelerate the phase-out of existing clean electricity production and investment tax credits for solar, wind, and other renewables. As per draft bill, solar and wind incentives cuts will be 60% of their value in 2026 and end by 2028. Under current law, the phase-out will not begin until 2032. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
