Tomlinson: GM’s new Hummer and other EVs pose challenge to Elon Musk and Texas's oil industry
, according to Motor Intelligence.
Musk is no longer the wealthiest man in the world, though he is still the richest in Texas. But his pioneering and normalizing of EV technology is also bad news for his adopted state, which relies on oil and natural gas for up to a third of GDP and a good portion of state revenue.
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