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Elon Musk walks the walk by consuming far less carbon than other billionaires
Elon Musk may be trading places with Amazon founder Jeff Bezos these days for the title of the world’s richest person by net worth, but the Tesla and SpaceX CEO also holds a unique place among his fellow billionaires. Based on estimates from anthropologists from Indiana University, Elon Musk may very well be one of the billionaires with the smallest carbon footprint.
Critics of Elon Musk would argue that the Tesla and SpaceX CEO’s carbon footprint is excessive due to his frequent travels with his private jet. However, Richard Wilk, the director of the Open Anthropology Institute at Indiana University, and Beatriz Barros, a Ph.D. candidate in anthropology at Indiana University, noted in an analysis that Musk’s carbon footprint is actually quite small relative to his fellow billionaires. This is because, unlike other billionaires, Musk owns no luxury superyachts or custom-made, sprawling mansions.
Wilk and Barros opted to analyze a number of billionaires from the 2020 Forbes List, particularly those whose consumption is public knowledge. This excluded a good number of the super-rich in Asia and the Middle-East, but it still provided a good sample of billionaires from across the globe. To estimate each billionaire’s carbon footprint, the anthropologists used data from the US Energy Information Administration and Carbon Footprint. Together with some extensive research, this allowed the pair to estimate the annual CO2 emissions of each house, aircraft, yacht, and vehicle publicly declared by each billionaire.
On average, US residents pollute about 15 tons of CO2 per year as of 2018, though the average global footprint per person is smaller at just about 5 tons annually. The 20 billionaires who were included in the study, for their part, contributed an average of 8,190 tons of CO2 in 2018. But even among this list, some billionaires polluted significantly more than others. And as it turned out, those who owned massive luxury yachts tend to consume significantly more than those who did not.
Roman Abramovich, the owner of London’s Chelsea Football Club and a man who made most of his $19 billion fortune trading oil and gas, proved to be the biggest polluter in the anthropologists’ list with at least 33,859 metric tons of CO2 emissions in 2018. This is due in no small part to his luxury superyacht, the Eclipse, which at 162.5 meters bow to stern is practically a small, private cruise ship. He also travels across the globe in a custom-designed Boeing 767 with a 30-seat dining room, as well as his Gulfstream G650 jet. Abramovich also uses two helicopters and a submarine on his yacht. On top of this, the oil and gas magnate boasts several properties, such as a 28-hectare estate in St. Barts that once belonged to David Rockefeller.
Bill Gates, a huge advocate for sustainability, consumes far less carbon than Abramovich, but his emissions still tower over those of Elon Musk. Gates maintains a $127 million estate in Medina, Washington named Xanadu, which covers 6,131 square meters and amenities like a 23-car garage, a 20-person cinema, and 24 bathrooms. Gates also owns a horse farm, four private jets, a seaplane, and several helicopters. The anthropologists estimate that Gates’ annual carbon footprint stands at 7,493 tons, mostly due to his flying.
For his part, Elon Musk owns no yachts, and the CEO has noted that he does not take many vacations. The Tesla and SpaceX CEO was estimated to have a rather billionaire-modest carbon footprint of 2,084 tons in 2018, which was hundreds of times higher than the average American but significantly smaller than his fellow billionaires. Interestingly enough, Musk’s carbon footprint may have also gotten considerably lower as of late, considering that he sold all of his houses in 2020 and he promised to divest his worldly possessions. Ultimately, Musk, who is currently worth about $190 billion or ten times that of billionaires like Abramovich, proves that even the super-rich can make choices to ensure that they live as sustainably as possible.
Read Wilk and Barros’ analysis of billionaires’ carbon footprint here.
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Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
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— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Credit: TESLA
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
