Elon Musk unveiled a new master plan, a path to a sustainable energy future, but no new cars.

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During an investor event at Tesla’s Gigafactory in Texas on Wednesday, CEO Elon Musk unveiled the third part of Tesla’s “master plan,” which will guide the company’s efforts to transition away from fossil fuels and transform the world. Lasting power.

Elon Musk, the CEO of Tesla, once again became the richest man in the world
Elon Musk, the CEO of Tesla, once again became the richest man in the world

According to a report by The Verge, Musk’s Master Plan 3 “includes adding renewable energy to the existing grid, manufacturing more electric vehicles, installing heat pumps in homes and buildings, using and building high-temperature heat and hydrogen for industrial applications.” Airplanes and boats with sustainable fuel. Musk’s plan is to create a sustainable energy civilization.

The automaker estimates it wants to invest $10 trillion to implement this plan for a sustainable future powered by renewable energy. “It’s not a huge number in terms of the global economy,” Musk said.

“There is a clear path to sustainable energy on Earth,” Mook said. “It doesn’t require destroying natural habitats. It doesn’t require us to be cruel and stop using electricity and be cold or whatever.”

A big part of achieving that vision involves expanding the world’s energy storage capacity to 240TWh. At the event, Tesla executives said that this can be done without the need for large-scale mining. Mook says he only takes less than 30 percent of the nickels on Earth. It also needs iron, but it doesn’t worry that Muck is the most abundant metal on earth.

In addition, Musk said the infrastructure needed for this would take up “less than 0.2 percent” of the Earth’s surface, including wind and solar. The details are still sketchy on how this will all be done, but Musk has promised to release a white paper detailing the plan soon.

“I want to be not just the Tesla investors who own shares today, but really anyone on Earth who is an investor,” Musk said optimistically.

FILE PHOTO: Tesla CEO Elon Musk and his security detail leave the company’s office in Washington on January 27, 2023. REUTERS/Jonathan Ernst/File Photo

The three-hour long event did not reveal any specific information about the new vehicles. The company talked about two mystery vehicles in the presentation images – one that clearly looks like a small car and the other that looks like a small commercial vehicle.

The company has demonstrated a new, efficient vehicle manufacturing process for next-generation vehicles. The company calls it the “Unboxed Process,” which allows the vehicle to go through the assembly line once and only paint the parts that need to be painted. The automaker makes it clear that the next-gen drive unit will not use any rare earth minerals.

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