News
Elon Musk pledges $1 million to #TeamTrees viral tree-planting initiative
In May of 2019, popular YouTube creator “MrBeast” – real name: Jimmy Donaldson – reached 20 million subscribers. His followers quickly challenged him to plant as many trees as he had followers. In response, the YouTuber did what YouTubers do best: formed a collaborative effort of other well known YouTubers and legitimate foundations to crowdfund a viral challenge. The viral challenge has been so successful in just four days that it now has the backing of Tesla and SpaceX CEO Elon Musk.
Sounds cool. Where are the trees being planted & what kind of trees?— Elon Musk (@elonmusk) October 28, 2019
With the help of multiple partners, Donaldson paired up with The Arbor Day Foundation to create a fundraising campaign that would plant 20 million trees. TeamTrees.org was created and went live on Oct. 25th following an announcement video posted to the MrBeast Youtube channel. As stated on the site’s FAQ page, the organizers have promised all donors that “for every dollar you donate, one tree will be planted in a forest of high need around the world.”
In just four days the TeamTrees.org official Twitter account has garnered nearly 12 thousand followers when the challenge first caught the eye of Musk. Donaldson posted an update that “almost 6 million” trees had been planted accompanied by a screencap of what just 5,000 trees appeared as in the popular online game “Fortnite.” Musk responded “sounds cool,” but wanted more information and asked, “where are the trees being planted & what kind of trees?”
Of course, it comes as no surprise that the prospect of planting 20 million trees piqued the interest of the billionaire that founded Tesla. Musk has long been a supporter of the premise that electric vehicles could help reduce emissions and preserve the earth of the future. Combining an initiative to save Mother Earth by planting trees and using Fortnite as a visual reference was as genius as it could get to guarantee to grab the billionaire’s attention.
The factor that really drove it home was an almost immediate response by the influential tech review Youtuber, Marques Brownlee. Brownlee, who has had the opportunity to interview Musk at a Tesla factory, responded by linking the billionaire directly to the TeamTrees.org website. Musk then, almost as immediately, pledged to “donate 1M trees,” in other words, donate $1 million to the cause.
Ok, sounds legit, will donate 1M trees— Elon Musk (@elonmusk) October 29, 2019
Musk’s promised donation quickly gained appreciation all over the internet. The official Youtube Twitter account soon confirmed the legitimacy of Musk’s pledge. Then, larger than life social media platform – owned by parent company Google – promised to match every one of the following million donations to keep the support of TeamTrees.org going.
While pledging to plant 20 million trees is surely an effort in the right direction of combating global climate change, it may be just a drop in a bucket. As suggested in a fortuitous and completely unrelated article, WIRED.com suggests that more than just planting trees would need to be done in order to really address the issue of excess carbon in the atmosphere. An overarching theme of the article is that “seedlings and fancy agriculture” won’t even make a dent in the issue if emissions aren’t reduced.
“It’s possible to imagine agriculture as a kind of geoengineering, of improving on nature’s yields and productivity. If it could also improve on nature’s ability to put carbon in the ground, that would be transformative. But there’s no evidence yet people can do it at a scale that it can by itself save the planet.” – WIRED.com
Perhaps it won’t completely save the planet from the destruction that has already been done but surely vowing to plant sustainable trees in forests of high need is a step in the right direction. Especially when the cause has gained the attention of thousands of internet users and some very influential creators including MythBusters’ Adam Savage and SmarterEveryday’s Destin Sandlin.
If you would like more information about the campaign backed by Elon Musk, you can view the announcement video below or visit TeamTrees.org to pledge your own donation.
Investor's Corner
Tesla crushes Wall Street expectations, beats delivery estimates by over 15 percent
Tesla (NASDAQ: TSLA) beat Wall Street expectations of 406,000 vehicles delivered in Q2 by reporting 480,126 deliveries for the three months ending in June.
Tesla reported it delivered 467,762 Model 3 and Model Y units, while 12,364 Model S, Model X, and Cybertrucks switched hands during the quarter. The Model S and Model X were officially sunset this past quarter and will no longer be part of the company’s Production & Delivery reports moving forward.
🚨 BREAKING: Tesla delivered 480,126 vehicles in Q2, ANNIHILATING Wall Street expectations of 406,000. Production was reported at 451,758.
Deliveries:
Model 3/Y: 467,762
Other Models: 12,364Production:
Model 3/Y: 442,936
Other Models: 8,822 https://t.co/TTHwQAsKt8 pic.twitter.com/7qI4Zj6FE5— TESLARATI (@Teslarati) July 2, 2026
The quarter is a pleasant surprise and a good rebound from Q1, when Tesla slightly missed the Wall Street consensus of 365,645 cars by reporting 358,023 deliveries for the first three motnhs of the year.
Energy storage deployments also provided some strength in Tesla’s delivery report, hitting 13.5 GWh for Q2. This is a particular division of Tesla’s business that has been overwhelmingly robust over the past few years, truly being a strong point of the company’s overall model.
For the year, Tesla analysts still predict deliveries to trend in the 1.69 million unit region, a modest 3 to 5 percent increase from the 1.64 million cars the company delivered last year. Tesla will likely return to more sequential and noticeable year-over-year growth as the Cybercab project starts to ramp up considerably in the next few years.
Tesla has some other potential catalysts to spur vehicle deliveries, too. Not only is it expecting Cybercab to truly start making a change in the next few years, but other vehicles could be entering the company’s lineup.
Tesla sends production Cybercab with no steering wheel, pedals to on-road testing
The slightly longer Model Y L has been a highly speculated release candidate in the U.S. It has already done incredibly well in China, and U.S. buyers have been wanting slightly more interior space than the Model Y. Now that the Model X is gone, it is more needed than ever.
Q2 highlights a pretty stable automotive division within Tesla, and no true concerns arise from these figures, especially considering it managed to beat expectations convincingly.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Tesla crushes Wall Street expectations, beats delivery estimates by over 15 percent
Tesla Optimus project fires up as Musk sees production line progress
