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.
Drifting smoke from the ongoing wildfires across Canada is creating curtains of haze and raising air quality concerns throughout the Great Lakes region, and in parts of the central and eastern United States.
Using chainsaws, heavy machinery and controlled burns, the Biden administration is trying to turn the tide on worsening wildfires in the U.S. West through a multi-billion dollar cleanup of forests choked with dead trees and undergrowth.
A cleaning company is facing a lawsuit after one of its janitors working at a university is accused of turning off a power supply to a freezer and destroying decades of scientific research.