- Hydrogen cars are a waste of time, according to Tesla Motors (TSLA -2.5%) CEO Elon Musk
- During a speech in Germany, Tesla's founder says fuel cell technology is a "marketing thing" that powerful companies such as Hyundai (HYMLF), Mercedes-Benz (DDAIF), and Toyota TM don't really believe in.
- He notes the high cost factor of a hydrogen distribution system compared to lithium ion batteries.
- Musk's speech in Germany (Note: Skip to 37-minute mark in video)
Auto watch: All-electric vs. hydrogen fuel cell debate gets interesting
Oct 23 2013, 10:32 ET