Connect with us

News

Bill Gates follows Musk into cleantech with $1 billion Breakthrough Energy Ventures fund

Published

on

Bill Gates, Microsoft co-founder, is joining a cleantech fund that will invest in companies developing low-cost, low-carbon technologies. The announcement comes as Tesla, which over the past year and a half has evolved from a premium electric car maker into a multifaceted sustainable energy company, is at the pinnacle of cleantech innovation and investment. In fact, Tesla, has continually modeled how sustainable energy generation, and storage, can both revolutionize global energy consumption and be a profitable business venture.

The Gates fund, called Breakthrough Energy Ventures (BEV), intends to provide reliable and affordable power without contributing to climate change. Their goals are to address emissions in five key areas: electricity, transportation, agriculture, manufacturing, and buildings. “Many people aren’t willing or able to pay a huge premium (for clean energy), beyond what they pay for hydrocarbon energy,” Gates stated. “The way you get to success is to get lower carbon energy at a lower cost.”

Gates added that he and other investors, who include Amazon.com chief executive Jeff Bezos, LinkedIn chairman Reid Hoffman, Alibaba chairman Jack Ma, and retired hedge fund manager John Arnold, hope to convince the Trump administration to maintain or increase government funding for energy research and development. “It’s a fantastic investment, even if you don’t look at the climate change piece of this.”

Tesla’s CEO, Elon Musk, on the other hand, has never dismissed the importance of accelerating the advent of sustainable energy as integral to continued healthy life on the planet. He understands that runaway global warming is an existential threat to Earth-based human civilization. He acknowledges readily that “virtually all scientists agree that dramatically increasing atmospheric and oceanic carbon levels is insane” and has been a vocal proponent of the intersection of technology, alternative energy investments, and worker training for a stable energy future with the incoming Trump administration.

Advertisement

With the launch of Tesla’s battery business and the recent acquisition of the SolarCity, the nation’s leading rooftop solar installer, Tesla is already immersed in most of the capital ventures that Gates’ BEV group is targeting. Musk has led a renewable energy enterprise network of companies, so that solar roofs are seamlessly integrated with battery storage systems. In essence, Tesla’s multiple energy interfaces have the capacity to turn individuals into their own utilities, decentralizing energy conglomerates while reducing carbon emissions from the atmosphere.

The Gates’ BEV group acknowledges that moving into the arena of renewable energy is likely fraught with challenges. Concerns particularly surround investing in early-stage companies against the backdrop in which fund investors expect to make a profit. “Some of these investments will result in ideas that move forward and some won’t; developing some may even make work on others unnecessary,” they outline. “The Breakthrough Energy Coalition believes, though, that all of them are avenues worth investigating to get the world to a zero-emissions future. Nobody knows yet what the energy mix of tomorrow is, so investors need to explore all possible paths.”

The lure of opportunities in the U.S. $6 trillion global energy market drives the BEV group forward, hoping their U.S. $1 billion cleantech fund will circumvent the tenuous nature of technology startups. Tech startups have highest rate of failure among all industries mainly due to number of uncertainties that come with launching a new yet unproven company.

Meanwhile, Tesla, with its years of R&D, is moving ahead with plans for an expanded vehicle product line that includes heavy-duty trucks and large passenger transport vehicles. Musk wants to expand Tesla’s line to “cover the major forms of terrestrial transport,” which are, in short, trucks, busses, and a ride-sharing system based on full self-driving capabilities.

Advertisement

If you’re interested in seeing how the BEV group’s vision compares to Tesla’s, download their mission statement here.

Carolyn Fortuna is a writer and researcher with a Ph.D. in education from the University of Rhode Island. She brings a social justice perspective to environmental issues. Please follow me on Twitter and Facebook and Google+

Advertisement
Comments

News

Tesla FSD (Supervised) could be approved in the Netherlands next month: Musk

Musk shared the update during a recent interview at Giga Berlin.

Published

on

Credit: Tesla

Tesla CEO Elon Musk shared that Full Self-Driving (FSD) could receive regulatory approval in the Netherlands as soon as March 20, potentially marking a major step forward for Tesla’s advanced driver-assistance rollout in Europe.

Musk shared the update during a recent interview at Giga Berlin, noting that the date was provided by local authorities.

“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told,” Musk stated

“Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive.”

Advertisement

Tesla’s FSD system relies on vision-based neural networks trained on real-world driving data, allowing vehicles to navigate using cameras and AI rather than traditional sensor-heavy solutions. 

The performance of FSD Supervised has so far been impressive. As per Tesla’s safety report, Full Self-Driving Supervised has already traveled 8.3 billion miles. So far, vehicles operating with FSD Supervised engaged recorded one major collision every 5,300,676 miles. 

In comparison, Teslas driven manually with Active Safety systems recorded one major collision every 2,175,763 miles, while Teslas driven manually without Active Safety recorded one major collision every 855,132 miles. The U.S. average during the same period was one major collision every 660,164 miles.

If approval is granted on March 20, the Netherlands could become the first European market to greenlight Tesla’s latest supervised FSD (Supervised) software under updated regulatory frameworks. Tesla has been working to secure expanded FSD access across Europe, where regulatory standards differ significantly from those in the United States. Approval in the Netherlands would likely serve as a foundation for broader EU adoption, though additional country-level clearances may still be required.

Advertisement
Continue Reading

Elon Musk

Elon Musk estimates Tesla Semi could reach Europe next year

“We’ve got the Tesla Semi coming out, the heavy truck, and that’ll be going to Europe hopefully next year,” Musk said.

Published

on

Credit: Tesla

Tesla is preparing to expand its all-electric Semi truck program to Europe, with CEO Elon Musk indicating that the Class 8 vehicle could arrive in the region 2027.

Musk shared his update during an interview about Giga Berlin with plant manager André Thierig, which was posted on X by the official Tesla Manufacturing account.

“We’ve got the Tesla Semi coming out, the heavy truck, and that’ll be going to Europe hopefully next year,” he said.

Tesla has already begun limited production and customer deployments of the Tesla Semi in the United States, with the company working to scale output through the Semi factory near Giga Nevada. Considering Musk’s comments, it appears that a European rollout would be the next phase of the vehicle’s expansion beyond North America.

Advertisement

Musk’s use of the word “hopefully” leaves room for flexibility, but the remark signals that Europe is next in Tesla’s commercial expansion plans.

Musk has consistently argued that electrification should extend beyond passenger vehicles. During the same interview, he reiterated his view that “all ground transport should be electric,” adding that ships, and eventually aircraft, would follow.

The Semi plays a central role in that strategy. Heavy-duty freight remains one of the most emissions-intensive segments of road transport, and European regulators have increasingly pushed for lower-emission commercial fleets. 

Tesla recently refreshed the Semi lineup on its official website, listing two variants: Standard and Long Range. The Standard trim offers up to 325 miles of range with an energy consumption rating of 1.7 kWh per mile, while the Long Range version provides up to 500 miles, which should be more than ample for European routes.

Advertisement
Continue Reading

Elon Musk

Tesla Cybercab coming next to Giga Berlin, Optimus possibly after

“From a next major product standpoint, I think most likely is the Tesla Cybercab,” Musk said.

Published

on

Credit: Cybercab

Tesla could add the Cybercab and Optimus humanoid robot to the production lineup at Giga Berlin, as per recent comments from CEO Elon Musk. 

During a recent interview with Giga Berlin plant manager André Thierig, Musk identified the Cybercab as the most likely next major product for the German factory, with Optimus potentially following after.

“From a next major product standpoint, I think most likely is the Tesla Cybercab,” Musk said. He added that there are also “possibilities of Tesla Optimus” being produced in the facility.

Tesla has already begun production of the Cybercab in Giga Texas, with volume production expected to ramp this year. Based on Musk’s comments, it appears that if conditions align in Europe, Giga Berlin could eventually join that effort.

Advertisement

The CEO’s comments about Optimus coming to Gigafactory Berlin are quite unsurprising too considering that Musk has mentioned in the past that the humanoid robot will likely be Tesla’s highest volume product in the long run. 

Giga Berlin will likely be able to produce mass volumes of Optimus, as the Model S and Model X lines being converted to an Optimus line in the Fremont Factory are already expected to produce 1 million units of the humanoid robot annually. 

Apart from his comments about the Cybercab and Optimus, Elon Musk also confirmed that Giga Berlin has started ramping battery cell production and will continue expanding Model Y output, particularly as supervised Full Self-Driving (FSD) gains regulatory approvals in Europe.

Taken together, the remarks suggest Berlin’s role could evolve beyond vehicle assembly into a broader multi-product manufacturing hub, not just a regional Model Y plant.

Advertisement
Continue Reading