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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 tinkering with Speed Profiles on FSD v14.2.1 has gone too far

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Credit: Tesla

Tesla recently released Full Self-Driving (FSD) v14.2.1, its latest version, but the tinkering with Speed Profiles has perhaps gone too far.

We try to keep it as real as possible with Full Self-Driving operation, and we are well aware that with the new versions, some things get better, but others get worse. It is all part of the process with FSD, and refinements are usually available within a week or so.

However, the latest v14.2.1 update has brought out some major complaints with Speed Profiles, at least on my end. It seems the adjustments have gone a tad too far, and there is a sizeable gap between Profiles that are next to one another.

The gap is so large that changing between them presents a bit of an unwelcome and drastic reduction in speed, which is perhaps a tad too fast for my liking. Additionally, Speed Profiles seem to have a set Speed Limit offset, which makes it less functional in live traffic situations.

Before I go any further, I’d like to remind everyone reading this that what I am about to write is purely my opinion; it is not right or wrong, or how everyone might feel. I am well aware that driving behaviors are widely subjective; what is acceptable to one might be unacceptable to another.

Speed Profiles are ‘Set’ to a Speed

From what I’ve experienced on v14.2.1, Tesla has chosen to go with somewhat of a preset max speed for each Speed Profile. With ‘Hurry,’ it appears to be 10 MPH over the speed limit, and it will not go even a single MPH faster than that. In a 55 MPH zone, it will only travel 65 MPH. Meanwhile, ‘Standard’ seems to be fixed at between 4-5 MPH over.

This is sort of a tough thing to have fixed, in my opinion. The speed at which the car travels should not be fixed; it should be more dependent on how traffic around it is traveling.

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It almost seems as if the Speed Profile chosen should be more of a Behavior Profile. Standard should perform passes only to traffic that is slower than the traffic. If traffic is traveling at 75 MPH in a 65 MPH zone, the car should travel at 75 MPH. It should pass traffic that travels slower than this.

Hurry should be more willing to overtake cars, travel more than 10 MPH over the limit, and act as if someone is in a hurry to get somewhere, hence the name. Setting strict limits on how fast it will travel seems to be a real damper on its capabilities. It did much better in previous versions.

Some Speed Profiles are Too Distant from Others

This is specifically about Hurry and Mad Max, which are neighbors in the Speed Profiles menu. Hurry will only go 10 MPH over the limit, but Mad Max will travel similarly to traffic around it. I’ve seen some people say Mad Max is too slow, but I have not had that opinion when using it.

In a 55 MPH zone during Black Friday and Small Business Saturday, it is not unusual for traffic around me to travel in the low to mid-80s. Mad Max was very suitable for some traffic situations yesterday, especially as cars were traveling very fast. However, sometimes it required me to “gear down” into Hurry, especially as, at times, it would try to pass slower traffic in the right lane, a move I’m not super fond of.

We had some readers also mention this to us:

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After switching from Mad Max to Hurry, there is a very abrupt drop in speed. It is not violent by any means, but it does shift your body forward, and it seems as if it is a tad drastic and could be refined further.

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Tesla’s most affordable car is coming to the Netherlands

The trim is expected to launch at €36,990, making it the most affordable Model 3 the Dutch market has seen in years.

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Tesla is preparing to introduce the Model 3 Standard to the Netherlands this December, as per information obtained by AutoWeek. The trim is expected to launch at €36,990, making it the most affordable Model 3 the Dutch market has seen in years. 

While Tesla has not formally confirmed the vehicle’s arrival, pricing reportedly comes from a reliable source, the publication noted.

Model 3 Standard lands in NL

The U.S. version of the Model 3 Standard provides a clear preview of what Dutch buyers can expect, such as a no-frills configuration that maintains the recognizable Model 3 look without stripping the car down to a bare interior. The panoramic glass roof is still there, the exterior design is unchanged, and Tesla’s central touchscreen-driven cabin layout stays intact.

Cost reductions come from targeted equipment cuts. The American variant uses fewer speakers, lacks ventilated front seats and heated rear seats, and swaps premium materials for cloth and textile-heavy surfaces. Performance is modest compared with the Premium models, with a 0–100 km/h sprint of about six seconds and an estimated WLTP range near 550 kilometers. 

Despite the smaller battery and simpler suspension, the Standard maintains the long-distance capability drivers have come to expect in a Tesla.

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Pricing strategy aligns with Dutch EV demand and taxation shifts

At €36,990, the Model 3 Standard fits neatly into Tesla’s ongoing lineup reshuffle. The current Model 3 RWD has crept toward €42,000, creating space for a more competitive entry-level option, and positioning the new Model 3 Standard comfortably below the €39,990 Model Y Standard.

The timing aligns with rising Dutch demand for affordable EVs as subsidies like SEPP fade and tax advantages for electric cars continue to wind down, EVUpdate noted. Buyers seeking a no-frills EV with solid range are then likely to see the new trim as a compelling alternative.

With the U.S. variant long established and the Model Y Standard already available in the Netherlands, the appearance of an entry-level Model 3 in the Dutch configurator seems like a logical next step.

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Tesla Model Y is still China’s best-selling premium EV through October

The premium-priced SUV outpaced rivals despite a competitive field, while the Model 3 also secured an impressive position.

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Credit: Grok Imagine

The Tesla Model Y led China’s top-selling pure electric vehicles in the 200,000–300,000 RMB segment through October 2025, as per Yiche data compiled from China Passenger Car Association (CPCA) figures.

The premium-priced SUV outpaced rivals despite a competitive field, while the Model 3 also secured an impressive position.

The Model Y is still unrivaled

The Model Y’s dominance shines in Yiche’s October report, topping the chart for vehicles priced between 200,000 and 300,000 RMB. With 312,331 units retailed from January through October, the all-electric crossover was China’s best-selling EV in the 200,000–300,000 RMB segment.

The Xiaomi SU7 is a strong challenger at No. 2 with 234,521 units, followed by the Tesla Model 3, which achieved 146,379 retail sales through October. The Model Y’s potentially biggest rival, the Xiaomi YU7, is currently at No. 4 with 80,855 retail units sold.

Efficiency kings

The Model 3 and Model Y recently claimed the top two spots in Autohome’s latest real-world energy-consumption test, outperforming a broad field of Chinese-market EVs under identical 120 km/h cruising conditions with 375 kg payload and fixed 24 °C cabin temperature. The Model 3 achieved 20.8 kWh/100 km while the Model Y recorded 21.8 kWh/100 km, reaffirming Tesla’s efficiency lead.

The results drew immediate attention from Xiaomi CEO Lei Jun, who publicly recognized Tesla’s advantage while pledging continued refinement for his brand’s lineup.

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“The Xiaomi SU7’s energy consumption performance is also very good; you can take a closer look. The fact that its test results are weaker than Tesla’s is partly due to objective reasons: the Xiaomi SU7 is a C-segment car, larger and with higher specifications, making it heavier and naturally increasing energy consumption. Of course, we will continue to learn from Tesla and further optimize its energy consumption performance!” Lei Jun wrote in a post on Weibo.

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