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World past tipping point of renewable energy transformation, says Tesla’s Denholm -Breaking

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© Reuters. FILE PHOTO : The Tesla Shanghai Gigafactory is in Shanghai, China. This Tesla logo was taken January 7, 2019. REUTERS/Aly Song

WELLINGTON (Reuters) – We have reached the tipping points of a global renewable energy revolution and need to speed up the adoption of the technology required for that change, said the Tesla Inc Chair (NASDAQ:) Inc Thursday.

Robyn denholm, the keynote speaker at the virtual APEC CEO Summit stated “The world is well past the tipping points of renewable energy transform and we have already got the technology required to succeed. But we need now to accelerate the deployment thereof at an incredible speed.”

Denholm claimed that Tesla plans to build 20 million electric vehicles annually by 2030. He also stated that it will be expanding to new markets.

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