Chamath Palihapitiya

Cameron Costa | CNBC

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Social Capital’s Chamath Palihapitiya stated shares of Tesla, which simply rallied sevenfold in 2020, will carry sturdy momentum going ahead on the heels of an enormous transformation towards clear vitality.

“The large disruption that is coming is to energy utilities,” Palihapitiya stated on CNBC’s “Halftime Report” on Thursday. “There are trillions of {dollars} of bonds, of capex and of worth sitting contained in the vitality era infrastructure of the world that is going to go the wrong way up. And when that goes pear-shaped, Tesla will double and triple once more.”