News
Tesla who? Bill Gates refuses to mention EV leader in blog post
Tesla has done more than any other company to accelerate the transportation movement toward electrification. By introducing the Model S in 2012, Tesla proved electric cars could be fast and exciting and sustainable at the same time. However, Tesla’s notable surge in popularity over the past few years wasn’t enough to convince Bill Gates to mention the company in his most recent blog post. Instead, he chose to credit legacy carmakers GM and Ford, and new kids on the block Rivian and Bollinger, leaving Tesla as a forgotten and unmentioned despite its much-deserved notoriety when talking about electric vehicles.
In a blog post on GatesNotes.com, the former Microsoft frontman talked about the struggle between traveling and contributing to global climate change. While moving and exploring is a part of life, the use of cars that are powered by petrol are contributing to the influx of emissions that are poisoning the Earth’s atmosphere.
Gates, who is a known supporter of electric vehicles, drives Porsche Taycan. The product of a prestigious private college in Massachusetts, known as Harvard, was more than willing to express his gratitude for the companies that are assisting in the surge toward cleaner transportation.
While electric sedans have been available for several years across a variety of car companies, pickup truck designs are rare. While the sustained focus on small passenger vehicles has subsided slightly in favor of crossovers and SUVs, other car companies are working on all-electric pickups, which would be a valuable contribution to the American automotive market.
“You’ll even be able to buy an all-electric pickup truck soon thanks to legacy companies like GM and Ford and new carmakers like Rivian and Bollinger,” Gates said. However, he left out the one company that has a sizeable lead in the EV sector, according to some of its competitors: Tesla.
Interestingly enough, Gates even talked about the widespread availability of EV batteries, which is a much-improved topic compared to 2010. Gates said that the price of battery cells has dropped 85% since that year, “so they’re getting more affordable to purchase,” he added.
However, the most bang for your buck in terms of EVs and battery quality is Tesla, which makes it interesting that Gates would leave out such a large contributor to the very subject his blog post was focused on.
-
The reason for leaving Tesla out of the conversation is unknown. However, Gates has been vocally critical of Musk in the past, especially when concerning the Tesla CEO’s comments about the coronavirus. Gates said that he hoped Musk would not “confuse areas he’s not involved in too much,” in an interview with CNBC.
However, Musk is involved in the fight against the pandemic, as he has donated ventilators, developed his own in-house breathing system using Tesla auto parts, and has worked with pharmaceutical companies to build RNA printers that could assist in the development of a vaccine.
Leaving Tesla out of the conversation when talking about electric vehicles is like leaving out Microsoft when talking about computers. Tesla is the company that has made electric cars mainstream and has convinced other car companies that it is time to move away from gas-powered automobiles. Some of the largest companies in the world admit that Tesla is years ahead of everyone else, and for a good reason. The company was building EVs before the public widely accepted it.
Gates’ full blog post is available here.
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
-
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
-
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
-
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
-
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
