yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Welcome to the Gigafactory | Before the Flood


2m read
·Nov 11, 2024

I mean that fossil fuel industry is the biggest industry in the world. They have more money and more influence than any other sector. So, I mean, do it; the more that they can be sort of popular uprising against that, the better. But I think the scientific fact of the matter is we are unavoidably headed towards some level of harm. So, the sooner we can take action, the less harm will result.

[Music]

What is your grand vision for all of this? Quite a big factory is to get the cost of batteries down to the point where it's affordable. But batteries are critical to a sustainable energy future. The Sun doesn't shine all the time, so we’re gonna store it in a battery.

How is this gonna help developing nations that have massive populations that need to have power? The advantage of solar and batteries is that you can avoid building electricity plants at all. So, you could be a remote village and have solar panels that charge a battery pack that then supplies power to the whole village without ever having to run thousands of miles from the high voltage cable over the place.

It's like what happened with landline phones versus cellular phones. In love developed countries, they just didn't do the landline phones; they just went straight cellular. We actually did the calculations: say, like, what would it take to transition the whole world to a sustainable energy? What kind of throughput would you actually need?

And you need 100 Giga factories. So, a hundred of these. A hundred of these? Yes, that would make the United States—no, the whole world. The whole world? The whole world. All energy, that's it. Yeah, that sounds eligible. That sounds cool.

Yeah, a Giga factory, when it's complete, will have the largest footprint of any building in the world, counting multiple levels. That could be as much as 15 million square feet. So, Tesla can't build a hundred Giga factories. The thing that's really gonna make a difference is if companies that are much bigger than Tesla do the same thing.

If the big industrial companies in China and the US and Europe, the big car companies, if they also do this, then collectively we can accelerate the transition to sustainable energy. And if government sets the rules to favor sustainable energy, we can get there really quickly.

But it's really fundamental: unless there's a price put on carbon, we're never gonna be able to make the transition that we need to in time.

Correct? Yeah, the only way to do that is basically with a carbon tax.

More Articles

View All
Warren Buffett's BIG Warning for Investors (2021)
I would like to, uh, just go over two items that I would like particularly new entrants to the stock market to, uh, ponder just a bit before they try and do 30 or 40 trades a day, uh, in order to profit from what looks like a very, uh, easy game. So, uh, …
How To Make the Best To-Do List For School
There’s something just so satisfying about getting things done, you know? Checking the boxes off in your to-do list, walking the dog, sending emails, doing your laundry. You know, it makes you feel good inside. It makes you feel like you’re not as lazy as…
How I Built 7 Income Streams at 23 That Retired My Parents
Everyone’s talking about building multiple income streams, jumping side hustle to side Hustle, but here’s what nobody’s telling you: In today’s AI driven economy, being average at multiple things is actually the riskiest position you can be in. Instead of…
Simple polynomial division
Let’s say someone walks up to you on the street and they give you this expression: x squared plus 7x plus 10 divided by x plus 2. They say, “See if you could simplify this thing.” So, pause this video and see if you can do that. One way to think about it…
Is Getting Into Business With Family A Mistake? | New York Live
In America, 65% of our economy is driven by small business. It’s the essence of where jobs are created, and most of those are family businesses. You know, you’ve got a situation where a mother is suing a daughter. Can you imagine? Can you imagine what tha…
What's Next After Bridgewater?
I was asked what am I going to do now that I’ve transitioned Bridgewater. Um, and how’s it, what’s the new activity for Ray Dalio, what’s he going to do? Um, first of all, what a journey it’s been! 47 years, it’s been fantastic, and I’m so excited to hav…