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Leonardo DiCaprio pitches jobs through clean energy policy to Trump
The week before Donald Trump hosted a summit with Silicon Valley’s most influential technology leaders, the President-elect met with Oscar-winning actor Leonardo DiCaprio to discuss the topic of securing American jobs through commercial and residential clean, renewable energy generation.
DiCaprio has received recent attention for his documentary, Before the Flood, which describes the geological consequences of the earth’s recent 1°C global temperature rise. In the documentary, climate scientists and energy experts outline the effects of climate change on the earth today and provide a list of possible strategies to reduce our carbon footprint. DiCaprio presented the president-elect with a copy of the documentary, which Trump reportedly promised to view.
The CEO of the Leonardo DiCaprio Foundation (LDF), Terry Tamminen, talked with Ivanka Trump, a core Trump transition team adviser who is receptive to enacting climate change policies. Trump also met recently with former Vice President Al Gore, whose 2006 documentary, An Inconvenient Truth, chronicles a campaign to educate citizens about global warming.
Tamminen said President-elect Trump was receptive during the session with DiCaprio’s team and went so far as to suggest they reconvene in January. “Today, we presented the President-elect and his advisers with a framework — which LDF developed in consultation with leading voices in the fields of economics and environmentalism — that details how to unleash a major economic revival across the United States that is centered on investments in sustainable infrastructure.” Tamminen was secretary of California’s Environmental Protection Agency (EPA) under former Gov. Arnold Schwarzenegger.
Ironically, on the same day that Trump met with DiCaprio and members of his foundation, a leak within the Trump transition team revealed that Oklahoma Attorney General Scott Pruitt would likely be the next head of the federal EPA. Pruitt has been a vocal opponent of several of Obama EPA’s environmental regulations, has sued the agency over its regulations of power plants, and has supported policy that favors the fossil fuel industry.
Ban Ki-Moon, Secretary General of the United Nations, has said, “Climate change is the single greatest threat to a sustainable future but, at the same time, addressing the climate challenge presents a golden opportunity to promote prosperity, security, and a brighter future for all.” In 2014, the Secretary General appointed DiCaprio, whose commitment to environmental activism has spanned two decades, as a UN Messenger of Peace with a special focus on climate change. DiCaprio has voiced concerns about the needs to fight climate change and to preserve wildlife throughout his film career and emphasized the threat of climate change in his 2016 Academy Award acceptance. “Climate change is real, it is happening right now,” he said.
In the conclusion to the Before the Flood documentary, DiCaprio’s speech before attendees at the Conference of the Parties to the Paris Agreement describes his revelations as UN Messenger of Peace for climate change action. The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels. It also seeks efforts to limit the temperature increase even further— to 1.5 degrees Celsius. Moreover, the Agreement aims to strengthen the ability of countries to deal with the impacts of climate change. To reach these ambitious goals, a new technology and enhanced capacity building framework aligns goals with individual national objectives. The Agreement provides for enhanced transparency of action and support through more robust transparency.
According to a recent United Nations Environment report, the planet may rise 2.9 to 3.4 degrees Celsius this century, even with the Paris Agreement pledges.
“We look forward to continuing the conversation with the incoming administration as we work to stop the dangerous march of climate change, while putting millions of people to work at the same time,” said Tamminen.
Sources: UN Framework Convention on Climate Change, World Energy Outlook 2016
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
