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Benzinga
Benzinga
Business
Radhika Anilkumar Nadig

Elon Musk's Tesla Weighs $10.1 Billion Solar Plant, Chamath Palihapitiya Calls It a Bet on Nuclear: Here's Why

Paris,,France,-,June,16,,2023:,Elon,Musk,,Founder,,Ceo,

Venture capitalist Chamath Palihapitiya said Wednesday that Tesla Inc.‘s (NASDAQ:TSLA) expansion into solar manufacturing was essentially a bet on nuclear power, as the automaker weighs a $10.1 billion solar cell plant in Texas.

‘All in on Nuclear’

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