Climate change crisis: Elon Musk laughed, but for Tesla, it is now a huge problem
Climate change crisis has brewed up a massive problem for Elon Musk led Tesla in Germany and his flippant attitude did not help at all. When Elon Musk was asked last year whether the factory Tesla Inc. was constructing in Germany would deplete the area’s water supply, he broke out in bellowing laughter and called the notion “completely wrong.” Six months later, water is one of the primary reasons the plant still isn’t producing vehicles. While Musk in August flippantly pointed to water “everywhere” around Berlin, the region is suffering from falling groundwater levels and prolonged droughts due to climate change. That’s sparked a legal challenge that will go to court next week and an acknowledgment from local authorities that supplies won't suffice once Tesla ramps up the plant. The issue has the potential to further delay or even stop the 5 billion-euro ($5.7 billion) project in what could turn into a costly setback to the carmaker’s expansion.