Elon Musk Says Bill Gates Knows Nothing About Electric Trucks

Elon Musk responded to the story by saying that Tesla would install a powerlift gate upgrade for free to the owner's Model 3. But the more batteries you use, the more weight you add - and the more power you need.

Traders informed Reuters of the recent gains were in anticipation of the electric automaker's "Battery Day" next week, where CEO Officer Elon Musk is expected to tout the recent improvements in Tesla's battery technology.

Musk replied that Gates "has no clue" about electrical vans.

Tesla has said its Semi truck model, which was first revealed in 2017, is expecting first conveyances starting 2021. "Electricity works when you need to cover short distances, but we need a different solution for heavy, long-haul vehicles", Gates wrote. The electric-vehicle maker's fortune has surged after Tesla shares more than quadrupled this year.

"You'll even be able to buy an all-electric pick-up truck soon thanks to legacy companies like GM and Ford and new carmakers like Rivian and Bollinger", he said, before touching on the prospects of electrification in larger classes of vehicles.

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It started with an update from environmental and humanitarian philanthropist Bill Gates, who published a post on his blog gatesnotes.com warning that climate change could result in a world far more grim than the impact of the COVID-19 crisis.

Musk is not known for his diplomatic responses to opponents or any kind of negative press surrounding his various interests, but this latest comment by Gates has struck a particularly raw nerve.

The electric vehicle maker Tesla is set to showcase "many exciting things" at its Battery Day on September 22, Musk has said.

After diagnosing, the mechanics discovered the problem in most of those who complained about the odd behavior of the electric auto. "I hope that he doesn't confuse areas he's not involved in too much", said Gates in a CNBC interview.

Gates is the world's second-richest person, while Musk is fourth, according to the Bloomberg Billionaires Index. Tesla is about to make an enormous push within the electrical truck phase the place it has already introduced the semi-truck.