Tesla cofounder: "We should be really worried" about the U.S. losing power race to China

At Fortune Brainstorm Tech, Tesla cofounder and CEO of Redwood Materials JB Straubel warned that China's pace of infrastructure development is moving at a scale and speed that's difficult for many Americans to grasp. As AI drives growing demand for electricity, he argued that access to energy is becoming a key competitive advantage. “People will move around the planet to find where the energy is available,” he said. “If that's not the U.S., that to me is a failure.”