Elon Musk took the stage for Tesla's 2023 Investor Day in Austin, Texas and unveiled what he called the company's Master Plan 3, which emphasizes "sustainable energy for all of Earth."
“There is a clear path to a sustainable-energy Earth," he said. "It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything.”
Musk and Senior Vice President of Powertrain and Energy Engineering at Tesla Drew Baglino riffed about "re-powering the grid with renewable fuels" and expanded battery production.
The executives also reiterated the company's goal to produce 20 million electric vehicles per year by 2030 — a significant jump from the 1.31 million delivered in 2022.
Despite Musk's ambitious claims about the future of energy, investors were concerned over the lack of detail in the plan, prompting Tesla's stock to fall 5 percent in extended trading.
Floodwaters receded in Vermont cities and towns pummeled by a storm that delivered two months of rain in two days, enabling people to focus Wednesday on recovering from a disaster that trapped residents in homes, closed roadways and choked streets and businesses with mud and debris.
Schools in New Delhi were forced to close Monday after heavy monsoon rains battered the Indian capital, with landslides and flash floods killing at least 15 people over the last three days. Farther north, the overflowing Beas River swept vehicles downstream as it flooded neighborhoods.
Even Southwestern desert residents accustomed to scorching summers are feeling the grip of an extreme heat wave smacking Arizona, Nevada, New Mexico and Southern California this week with 100-degree-plus temps and excessive heat warnings.
