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

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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.

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.

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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.

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

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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+

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Tesla’s little-known secret about its Diner might be the best feature of all

Tesla is not letting its servers go untipped, it’s taking care of that for its employees on its own.

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Credit: Tesla

Tesla’s Supercharger Diner in Los Angeles has a little-known secret, and in all honesty, it might be the best part of the entire thing.

Tesla opened its Supercharger Diner earlier in June, and in its first week of operation, it has done nothing but garner attention from fans, food critics, and general onlookers who are surprised to see the company gaining traction in the culinary space.

However, there is a little-known secret about the Diner that many people have not shared, and it has to do with the staff and customers.

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Traditionally, restaurants in the United States do not pay their servers a normal wage. They are paid a lower hourly rate because they make most of their money through tips or gratuity. While it is sort of strange and has recently become a more controversial topic, tipping culture in the U.S. has garnered plenty of attention lately.

Many people outside the U.S. have trouble grasping the idea of tipping servers, as many believe the restaurant should pay them a livable wage and stop relying on customers to keep the employees to a point where they can live reasonably well.

In the U.S., people seem to be on board with one side or the other: tip them because the restaurant doesn’t pay them a wage, or “I’m not tipping them for doing their jobs.”

Whichever side of the argument you’re on, I think it seems reasonable to want servers to make enough money to live comfortably and expect the restaurant to take care of that.

Tesla has done just that for the staff at the Supercharger Diner, as it has been revealed that the company covers tipping. There is no option to tip the servers or wait staff; Tesla will do it for you.

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This is a great gesture by Tesla because more and more people every day seem to be against tipping in an effort to force restaurants to pay employees more money. While it seems like a good strategy at first, it only impacts the servers, while this decision does not impact the restaurant and its owners.

Tesla is taking that risk out of the equation by providing gratuity to employees through its own means.

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xAI, Musk Foundation helps schools near Memphis supercomputer site

Reports of xAI and the Musk Foundation’s work were recently posted by local news media.

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(Credit: xAI)

Elon Musk’s artificial intelligence startup xAI and the Musk Foundation have been supporting Memphis-Shelby County Schools with HVAC repairs and facility upgrades, while also funding youth programs for students in the area. 

Reports of xAI and the Musk Foundation’s work were recently posted by local news media.

xAI’s school visits lead to facility repairs

Representatives from xAI visited John P. Freeman Optional School, Fairley High School, and Westwood High School, all of which are located near its Colossus supercomputer site, to assess HVAC systems, plumbing, gym facilities, and athletic fields. The visits resulted in a list of priority repairs, some of which were completed in April and May.

In addition to the repairs, xAI also shared a number of initiatives that are planned for students in the area, as stated in a Commercial Appeal report.

“xAI is working on providing STEM workshops for local students, donating equipment to technical training programs, and supporting job fairs to boost employment opportunities. These initiatives reflect xAl’s commitment to fostering education and economic growth in Memphis,” xAI noted in a statement.

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Musk Foundation donation

Apart from xAI, the Musk Foundation also donated $350,000 to the Boys & Girls Clubs of Greater Memphis, enabling the reopening of two club sites located at Booker T. Washington High School and Westwood High School. Both locations had closed earlier this year due to lapses in funding. As per xAI, the Musk Foundation’s donation allows clubs to reopen for almost 1,000 students. 

The donation will fund staffing, supplies, and transportation, among others. “Kids are the future of humanity,” Elon Musk said in a statement, adding that students need “every chance to shoot for the stars.”

“We’re honored to support the Boys & Girls Clubs of Greater Memphis in reopening these sites, giving kids in underserved communities the tools to build brighter futures,” Musk said.

The gift was praised by local officials, including Boys & Girls Clubs board chair Michael Garriga, who stated that the “commitment will ensure the youth of our community have the opportunities they need to develop their skills and talents to become successful students and future citizens.”

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What to expect from Tesla CEO Elon Musk’s new Master Plan

While Musk only shared a few tidbits about his next plan, he did hint at its theme.

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Credit: Tesla Asia/X

Tesla CEO Elon Musk is working on another Master Plan. The executive mentioned this during the company’s second quarter earnings call earlier this week. While Musk only shared a few tidbits about his next plan, he did hint at its theme.

Master Plan Part Four

Elon Musk’s Master Plans have been a huge guiding hand for Tesla over the past couple of decades. His first Master Plan, which was published in 2006, featured a pathway towards the production of the Model 3 and energy storage systems. Master Plan, Part Deux, which was published ten years later in 2016, featured a pathway towards a Robotaxi network. 

Master Plan Part 3 was more ambitious, as it presented a case towards a world where there is sustainable energy for the entire planet. Considering the scale and ambitious nature of Master Plan Part 3, it was widely speculated that Elon Musk’s next Master Plan would not be around for some time. During the second quarter earnings call, however, Musk confirmed that he is indeed creating his next big plan.

Master Plan Part 4

Elon Musk mentioned his next Master Plan when a question was asked about the work that goes on inside the Tesla Design Studio during the Q2 2025 earnings call. In response to the inquiry, Tesla Chief Designer Franz von Holzhausen emphasized that while earnings calls are not the venue for disclosing new product-related information, Tesla is working to ensure that the future remains exciting. Musk agreed, stating that there are lots of exciting things happening in the Tesla Design Studio.

“What’s going to happen over the next several years is a fundamental transformation of the company from a pre-autonomy world to a post-autonomy. And I’m working on a new Master Plan to articulate that to the Tesla team. And there will be some teething pains as you transition from a pre- autonomy to post-autonomy world, but I think the future vision for Tesla is incredibly exciting and will profoundly change the world in a good way,” Musk said.

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A Post-Autonomy World

Considering Musk’s comments, it would appear that Master Plan Part 4 will be focused on a path towards what the CEO has been describing as “sustainable abundance.” If Master Plan Part 3 was focused on fostering sustainable energy for the entire planet, Master Plan Part 4 will likely present a path towards abundance in a world populated by self-driving vehicles like the Cybercab and humanoid robots like Optimus.

Master Plan Part 4 will likely have been farfetched just a couple years ago. Yet with Tesla now operating its Robotaxi service in Austin and Optimus V3 expected to enter production next year, the idea of a world filled with “sustainable abundance” does seem quite feasible. It will be ambitious like Elon Musk’s other Master Plans, of course, but it will be attainable. 

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