Connect with us

News

Elon Musk pledges $1 million to #TeamTrees viral tree-planting initiative

The TeamTrees.org organizers promoting an initiative to raise $20 million to help The Arbor Day Foundation plant 20 million trees gain support of Elon Musk in the form of a $1 million donation. (Youtube/Teslarati)

Published

on

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.

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.

Advertisement

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.

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.

Advertisement

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.

Advertisement
Comments

Elon Musk

Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

Published

on

Credit: Tesla

Tesla (NASDAQ: TSLA) is being called “the biggest meme stock we’ve ever seen” by Yale School of Management Senior Associate Dean Jeff Sonnenfeld, who made the comments in a recent interview with CNBC.

Sonnenfeld’s comments echo those of many of the company’s skeptics, who argue that its price-to-earnings ratio is far too high when compared to other companies also in the tech industry. Tesla is often compared to companies like Apple, Nvidia, and Microsoft when these types of discussions come up.

Fundamentally, yes, Tesla does trade at a P/E level that is significantly above that of any comparable company.

However, it is worth mentioning that Tesla is not traded like a typical company, either.

Here’s what Sonnenfeld said regarding Tesla:

“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”

Many analysts have admitted in the past that they believe Tesla is an untraditional stock in the sense that many analysts trade it based on narrative and not fundamentals. Ryan Brinkman of J.P. Morgan once said:

“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”

Dan Nathan, another notorious skeptic of Tesla shares, recently turned bullish on the stock because of “technicals and sentiment.” He said just last week:

“I think from a trading perspective, it looks very interesting.”

Nathan said Tesla shares show signs of strength moving forward, including holding its 200-day moving average and holding against current resistance levels.

Sonnenfeld’s synopsis of Tesla shares points out that there might be “a little too much emphasis on the magic wand of Musk.”

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

This could refer to different things: perhaps his recent $1 billion stock buy, which sent the stock skyrocketing, or the fact that many Tesla investors are fans and owners who do not buy and sell on numbers, but rather on news that Musk might report himself.

Tesla is trading around $423.76 at the time of publication, as of 3:25 p.m. on the East Coast.

Continue Reading

News

Tesla makes big change to Full Self-Driving doghouse that drivers will like

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

Published

on

tesla cabin facing camera
Tesla's Cabin-facing camera is used to monitor driver attentiveness. (Credit: Andy Slye/YouTube)

Tesla is making a big change to its Full Self-Driving doghouse that drivers will like.

The doghouse is a hypothetical term used to describe the penalty period that Tesla applies to drivers who receive too many infractions related to distracted driving.

Previously, Tesla implemented a seven-day ban on the use of Full Self-Driving for those who received five strikes in a vehicle equipped with a cabin camera and three strikes for those without a cabin camera.

It also forgave one strike per week of Full Self-Driving use, provided the driver did not receive any additional strikes during the seven-day period.

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

The change was found by Not a Tesla App, which noticed the adjustment in the Owner’s Manual for the 2025.32 Software Update.

The system undoubtedly helps improve safety as it helps keep drivers honest. However, there are definitely workarounds, which people are using and promoting for monetary gain, and you can find them on basically any online marketplace, including TikTok shop and Amazon:

People are marketing the product as an FSD cheat device, which the cabin-facing camera will not be able to detect, allowing you to watch something on a phone or look through the windshield at the road.

The safeguards implemented by Tesla are designed to protect drivers from distractions and also protect the company itself from liability. People are still using Full Self-Driving as if it were a fully autonomous product, and it is not.

Tesla even says that the driver must pay attention and be ready to take over in any scenario:

“Yes. Autopilot is a driver assistance system that is intended to be used only with a fully attentive driver. It does not turn a Tesla into a fully autonomous vehicle.

Before enabling Autopilot, you must agree to “keep your hands on the steering wheel at all times” and to always “maintain control and responsibility for your vehicle.” Once engaged, Autopilot will also deliver an escalating series of visual and audio warnings, reminding you to place your hands on the wheel if insufficient torque is applied or your vehicle otherwise detects you may not be attentive enough to the road ahead. If you repeatedly ignore these warnings, you will be locked out from using Autopilot during that trip.

You can override any of Autopilot’s features at any time by steering or applying the accelerator at any time.”

It is good that Tesla is rewarding those who learn from their mistakes with this shorter timeframe to lose the strikes. It won’t be needed forever, though, as eventually, the company will solve autonomy. The question is: when?

Continue Reading

Elon Musk

Elon Musk teases the capabilities of the Tesla Roadster once again

Published

on

Elon Musk has once again teased the capabilities of the Tesla Roadster, fueling the anticipation that many have for the vehicle, despite it still having no public production or delivery date.

The Roadster is among the most anticipated vehicles in the automotive sector currently, and as Tesla has teased its capabilities, from a lightning-fast 1.1-second 0-60 MPH acceleration to potential hovering with cold-gas thrusters, people are eager to see it.

Although the design seemed to be finalized, there was still more work to be done. Earlier this year, as Tesla was showcasing some of the Roadster’s capabilities to Musk, he stated that it was capable of even more.

This pushed back its production date even further, much to the chagrin of those who have been waiting years for it.

Musk continues to tease us all, and as we sit here waiting hopelessly for it to be revealed, he said today that it is “something special beyond a car.”

Musk’s words were in response to a video posted by Tesla China, showing the Roadster in a new promotional video created by a fan.

The Roadster was planned to be released in 2020, but here we are in 2025, and there is still no sign of the vehicle entering production. However, Tesla did say earlier this year that it would host a demo event for the Roadster, where the company would showcase its capabilities.

Lars Moravy said earlier this year:

“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind-blowing; We showed Elon some cool demos last week of the tech we’ve been working on, and he got a little excited.”

Tesla exec gives big update on Roadster, confirming recent rumor

The delays have been attributed to “radically increased design goals” for the vehicle, which have, without a doubt, improved its capabilities, but at the same time, we just want to know if it’s ever going to come.

Tesla can always make it “better,” but at what point do you say, “Okay, it’s time to show this thing off.” They could always build another, even more capable supercar in the next ten years.

Continue Reading

Trending