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Elon Musk pledges $100M to whoever can solve carbon capture
Elon Musk has announced a new $100 million prize to whoever can provide the “best carbon capture technology,” the Tesla CEO Tweeted on Thursday night.
Musk’s Tesla has aimed to reduce carbon emissions through passenger transportation, a project that has resulted in the adoption of electric vehicles and over 3.6 million tons of CO2 saved by the cars manufactured by Tesla.
However, other companies involved in the tech sector are willing and able to provide meaningful operations that would allow for the capture of carbon before it is emitted into the atmosphere causing environmental damage. Therefore, Musk is offering the hefty prize as an incentive to solve the issue, heating up the race for whoever can solve the problem first and in the best way.
“Am donating $100M toward a prize for best carbon capture technology,” Musk said. “Details next week.”
Details next week
— Elon Musk (@elonmusk) January 21, 2021
Carbon capture and eventual storage would eliminate the possibility of the gas causing long-term environmental effects on the Earth. The carbon dioxide is captured, stored, and transported to a storage site where it cannot be released into the atmosphere. There are several carbon capture and storage projects across the world, but
Musk’s 2021 has been filled with donations and prizes for people in need as the COVID-19 pandemic surges on, affecting nearly everyone in the world. However, Tesla has continued to surge forward, and while Musk has taken on a vast quantity of projects on his own, incentivizing carbon capture is a great way to spread awareness for the issue. The Tesla CEO already has a full plate.
After grinding for decades, Musk finally obtained the “World’s Richest Person” label on January 7th. It didn’t mean much to him, though, he was right back to work after finding out. But the substantial $190 billion fortune that Musk has isn’t all for him. So far, he’s donated to the #BarstoolFund, the Khan Academy, a hefty $5M sum to Boston researchers fighting COVID-19, and now the $100M carbon capture problem. It all comes back to Musk’s idea that money really doesn’t mean much, it is evident that the mission is much more important.
Elon Musk donates to Barstool Fund in support of small business relief fund
The influx of donations and monetary gifts that Musk has suddenly started giving publicly may have something to do with the Giving Pledge, a 2012 initiative that Microsoft CEO Bill Gates and Berkshire Hathaway’s Warren Buffett both drafted. It asks signatories to donate at least half of their wealth within their lifetime, a tall task for some of the world’s billionaires. However, Musk is off to a great start, signaling millions in donations already with much more on the way.
According to Forbes, Musk has donated around $100 million as of September 2020. With the donations he has already made in 2021, that number has more than doubled with the inclusion of the carbon capture reward.
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Tesla Model Y L spotted on transport trucks in Australia
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
Tesla’s upcoming Model Y L has been spotted on transport trucks in Australia. Sightings of the six-seat extended wheelbase Model Y variant have been reported on social media platform X by members of the Australian Tesla community.
One of the sightings was reported along Victoria Parade in Melbourne, and it showed multiple Model Y L vehicles on a transport carrier.
The sighting follows earlier observations by Tesla enthusiasts in Sydney, where a covered vehicle believed to be a Model Y L was spotted at a Supercharger.
The Sydney sighting drew attention after observers noted that the vehicle’s tare weight appeared to match the ADR approval listing for the Model Y L, suggesting it could indeed be the extended wheelbase variant of the electric SUV.
Tesla has previously confirmed that the Model Y L will launch in Australia and New Zealand in 2026. The confirmation was reported by techAU following a media release from Tesla Australia and New Zealand.
The Model Y L expands the existing Model Y lineup with seating for six passengers. The vehicle features a longer body compared with the standard Model Y in order to accommodate a spacious second and third row.
Tesla has opted for a 2-2-2 seating configuration instead of a traditional seven-seat layout for the Model Y L. The design includes two individual seats in the middle row to provide easier access to the third row and additional passenger space.
Tesla Australia and New Zealand has also stated that the Model Y L will be covered under the company’s updated warranty structure beginning in 2026.
Tesla has not yet announced pricing or official range figures for the Model Y L in Australia.
Elon Musk
Elon Musk shares timeframe for X Money early public access rollout
X Money is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Elon Musk has stated that X Money, the digital payments system being developed for social media platform X, is expected to enter early public access next month.
The update was shared by Musk in a post on X. “𝕏 Money early public access will launch next month,” Musk wrote in his post.
As noted in a Reuters report, X Money is being developed as a digital payment service that’s directly integrated into the X platform.
The system is expected to enable financial transactions within the app, expanding the platform’s capabilities beyond social media features.
Musk has previously discussed plans to introduce payments and financial services as part of X’s broader development.
Since acquiring the platform in 2022, Musk has discussed expanding X to include a range of services such as messaging, media, and financial tools.
Elon Musk has shared his goal of transforming X into an “everything app.” During a previous podcast interview with members of the Tesla community, Musk mused about turning X into something similar to China’s WeChat, which allows users to shop, pay, communicate, and perform a variety of other tasks.
“In China, you do everything in WeChat… it’s kickass… Outside of China, there’s nothing like it, people live on one app. My idea would be like how about if we just copy WeChat,” Musk joked at the time.
To prepare for the rollout of X Money, X has partnered with payment company Visa to support the development of payment services for the platform’s users. The move could allow X to tap into the growing demand for digital and in-app financial transactions as the company builds additional services around its existing user base.
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Tesla Cybercab display highlights interior wizardry in the small two-seater
Photos and videos of the production Cybercab were shared in posts on social media platform X.
The Tesla Cybercab is currently on display at the U.S. Department of Transportation in Washington, D.C., and observations of the production vehicle are highlighting some of its notable design details.
Photos and videos of the production Cybercab were shared in posts on social media platform X.
Observers of the Cybercab display unit noted that the two-seat Robotaxi provides unusually generous legroom for a vehicle of its size. Based on the vehicle’s video, the compact two-seater appears to offer more legroom than Tesla’s larger vehicles such as the Model Y, Model X, and Cybertruck.
The Cybercab’s layout allows Tesla to dedicate nearly the entire cabin to passengers. The vehicle is designed without a steering wheel or pedals, which helps maximize interior space.
Footage from the display also highlights the Cybercab’s large center screen, which is positioned prominently in front of the passenger bench. The display appears intended to provide entertainment and ride information while the vehicle operates autonomously.
Images of the vehicle also show an additional camera integrated into the Cybercab’s C-pillar. The extra camera appears to expand the vehicle’s field of view, which would be useful as Tesla works toward fully unsupervised Full Self-Driving.
Tesla engineers have previously explained that the Cybercab was designed to be highly efficient both in manufacturing and in operation. Cybercab Lead Engineer Eric E. stated in 2024 that the Robotaxi would be built with roughly half the number of parts used in a Model 3 sedan.
“Two seats unlocks a lot of opportunity aerodynamically. It also means we cut the part count of Cybercab down by a substantial margin. We’re gonna be delivering a car that has roughly half the parts of Model 3 today,” the Tesla engineer said.
The Tesla engineer also noted that the Cybercab’s cargo area can accommodate multiple golf bags, two carry-on suitcases, and two full-size checked bags. The trunk can also fit certain bicycles and a foldable wheelchair depending on size, which is quite impressive for a small car like the Cybercab.