"So we are getting out, but we will start to negotiate and we will see if we can make a deal, and if we can, that’s great. And if we can’t, that’s fine," Trump said Thursday.
The appeals from Tesla's CEO, as well as Tim Cook of Apple and Dow Chemical Co.’s Andrew Liveris come as Trump’s advisers present him with closing arguments on the risks and rewards of remaining a party to the global pact.
Population growth and a desire for higher living standards will increase usage of petroleum-derived fuels, especially for transportation, because there are few widely-available alternatives, said Exxon Mobil Corp. CEO Darren Woods.
Research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will be cheaper to buy in the U.S. and Europe as soon as 2025.