Elon Musk sets out vision to eliminate fossil fuels from world economy

Tesla chief executive kicks off company’s ‘investor day’ by outlining path to a ‘fully sustainable earth with abundance’

Tesla chief executive Elon Musk kicked off his company’s “investor day” on Wednesday by describing a plan to eliminate fossil fuels from the economy.

Musk is expected to lay out a plan to make a smaller, more affordable electric vehicle that would broaden his brand’s appeal and fend off competition, but he began with an introduction of the company’s “Master Plan 3” for a “sustainable energy future”.