Man with billions invested in electric cars disparages competing technology? I am shocked. The fact is, you don't need to have a high energy density with hydrogen, as existing gas stations can be used to quick refuel a hydrogen car (with robotic assist, perhaps), without the logistical mess that comes from swapping an extremely heavy, very expensive, potentially user-abused battery with another one. You can even burn…
Its more efficient to simply use batteries.
EDIT: I'd like to point out, generating hydrogen does make sense if you're using an energy source that is essentially free. Too much hydro and you have to dump the water anyway? Make hydrogen. Too much wind and the transmission operator is shutting down your production? Make hydrogen. Otherwise, it doesn't make sense to use it as an energy transfer medium.
http://en.wikipedia.org/wiki/Hydrogen_economy#Current_produc...