Bill Gates Maintains Clean Hydrogen A 'Swiss Army Knife of Decarbonization' — Musk Called It A 'Staggeringly Dumb Form Of Energy'
Portfolio Pulse from Anan Ashraf
Bill Gates, co-founder of Microsoft Corp, has praised the efforts of startup Electric Hydrogen, which recently received backing from Microsoft and other investors. Gates views clean hydrogen as integral to the clean energy economy, particularly for heavy-duty transport. This contrasts with Tesla CEO Elon Musk's view, who has criticized hydrogen as a form of energy storage for vehicles. Gates has previously held a short position on Tesla.

October 09, 2023 | 6:35 am
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POSITIVE IMPACT
Microsoft's backing of Electric Hydrogen could potentially lead to advancements in clean energy technology.
Microsoft's investment in Electric Hydrogen indicates a strategic interest in clean energy technology, which could potentially lead to advancements and new opportunities for the company.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Tesla's CEO Elon Musk's criticism of hydrogen as a form of energy storage for vehicles contrasts with Bill Gates' view, which could potentially impact investor sentiment.
Elon Musk's criticism of hydrogen as a form of energy storage for vehicles contrasts with Bill Gates' view. This could potentially impact investor sentiment and the market's perception of Tesla's strategy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70