How much it would cost to crowd source 100 GigaFactories? Not as much as you think! 100 GigaFactories would be enough transition the whole world to sustainable energy, according to techno-crusader Elon Musk.
The bill would come roughly to $500 billion, which is:
- Less than the annual military budget of the US
- Less than 10% of fossil fuel subsidies
- Less than 1% of Global GDP
This solution could also be crowd-sourced – we don’t even need to rely upon our elected ‘leaders’.