Hypocrite

CNBC corrected Tesla CEO Elon Musk Monday after he falsely claimed in a tweet that the coal industry receives more government handouts than renewable energy companies.

Musk, who owns more than 20 percent of Tesla, tweeted out a response to comments made by Murray Energy CEO Robert E. Murray on “Squawk Box” suggesting that Tesla “has gotten $2 billion from the taxpayer,” and “has not made a penny yet in cash flow.”

The government could shutter every single coal plant in the country, Murray added, and not see any discernible reduction in the Earth’s temperature.

Musk apparently didn’t take kindly to the inference that one of his companies is failing despite being recipients of heavy government subsidies, so he took to Twitter, and wrote: the “real fraud going on is denial of climate science.” He attached the video of Murray to the tweet.

Tesla receives far less in subsidies than the coal industry, Musk added, “How about we both go to zero?”

As SolarCity, the rooftop solar system provider, has rapidly expanded its reach over the last few years, its executives have pushed hard against the utility industry, criticizing it as a hidebound monopoly standing in the way of change.

Now, SolarCity officials are trying a different tactic: moving into that business themselves.

On Monday, company executives announced a program aimed at cities, remote communities, campuses and military bases under which they will design and operate small, independent power networks called microgrids. While the move will not turn the company into, say, Con Edison overnight, it represents a step in that direction.

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