At Tesla Investor Day in 2023, Elon Musk unveiled his grand design, which included robots, self-driving cars, a space civilisation, and more.
Elon Musk, the CEO of Tesla, announced his third Master Plan—which intends to create a sustainable energy economy—during the company’s Investor Day 2023 event at the Austin, Texas Gigafactory. Musk wants to create 240 terawatt hours (TWH) of energy storage and 30 TWH of renewable energy generation, which would cost $10 trillion, or 10% of the world’s GDP, in investment. Musk did note that this amount is, however, less than half of what we presently spend on the internal combustion economy. Musk estimates that to build the required solar and wind power capacity, less than 0.2% of the planet’s geographical…