Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday.
Tesla Inc.’s
TSLA,
chief executive said the U.S. needs to immediately increase production of oil and gas in a tweet late Friday, which runs against the grain of the EV maker’s own green-energy business initiatives.
“Hate to say it, but we need to increase oil & gas output immediately,” Musk tweeted Friday. “Extraordinary times demand extraordinary measures,” he said.
Musk’s remarks comes as U.S. benchmark crude oil on the New York Mercantile Exchange settled at the highest values since 2008, posting the biggest weekly dollar gain on record, according to Dow Jones Market Data.
April West Texas Intermediate crude futures
CLJ22,
CL.1,
increased…
