News
Bill Gates shares insights on Tesla and all-electric trucks in MKBHD interview
In a recent, brief interview with YouTube tech reviewer Marques Brownlee, billionaire-philanthropist Bill Gates talked about his views on electric vehicles such as Tesla, as well as his thoughts on emissions from the transportation sector. In the short conversation, the Microsoft co-founder praised Tesla’s electric cars, though he also admitted that there is still a lot that needs to be done to make transportation significantly cleaner.
Bill Gates is no stranger to Tesla’s vehicles. Back in 2016, the tech titan was filmed driving casually in a Tesla Model X with Seveneves author Neal Stephenson. Referring to the Silicon Valley-based electric car maker in his recent interview; Gates pointed out that Tesla’s vehicles are “amazing,” while stating that the company still has a long road ahead. The Microsoft co-founder also noted that car buyers would soon have more electric vehicles to choose from.
“Tesla is an amazing product that’s catching on, but it’s still a pretty small percentage of the market. It’s a premium price vehicle, and they lost their $7,500 tax credit, so it’s making it tougher. Now, a ton of other manufacturers are gonna come in, partly because the California zero emissions and partly because people see these trends. There will be a lot of great electric cars to choose from,” Gates said.
Unfortunately, Bill Gates still appeared to be quite cautious with the idea of batteries being used for the long-haul market. The billionaire-philanthropist further added that electric cars would not be fully emissions-free until the grid becomes completely independent of fossil fuels.
“(For) passenger cars — the power output you need is lower than for a truck. So eventually, batteries might work for a truck, but it’s a far more difficult problem because the weight is a lot higher there. Even those passenger cars, one thing to be careful of is unless the electric has gotten to zero, the electric car is still an emitter because of the indirect emissions from the electricity it uses. And so, only in the places where you both get the electric cars to a high percentage and you get the electric sources to be zero emissions, then you’ve got that passenger transport car piece near to zero,” Gates said.
While the Microsoft co-founder has a valid point regarding his concerns about electric vehicles, it should be noted that EVs are cleaner than fossil fuel-powered cars even if the electricity used to charge them comes mainly from coal. This point was highlighted in a recent study from Bloomberg NEF, which concluded that carbon dioxide emissions from battery-powered vehicles are 40% lower than those from cars equipped with internal combustion engines, even in areas that are reliant on coal such as China.
The billionaire-philanthropist also appears to be discounting the progress in battery technology that have been accomplished by companies such as Tesla. Over the past year, Elon Musk hinted that Tesla is already closing in on the $100 per kWh mark, which would help the company’s electric cars achieve price parity with gas-powered vehicles. Battery tech has also progressed to a point where the Tesla Semi, an upcoming all-electric long-hauler, has been noted to feature closer to 600 miles per charge. So compelling are the improvements in batteries that even companies such as Nikola Motor, which has sworn by hydrogen-electric tech, have decided to release battery-powered variants of its upcoming trucks.
Based on Bill Gates’ statements in his interview with Marques Brownlee, it appears that it would still take some time before he fully warms up to the idea of battery-powered vehicles serving as potential catalysts for the world’s transition towards sustainable energy. Considering Tesla’s progress over the years, it might only be a matter of time before the Microsoft co-founder fully embraces electric cars.
Watch MKBHD’s interview with Bill Gates in the video below.
Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.
Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.
Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
Tesla analysts believe Musk and Trump feud will pass
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
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