Search results
Results from the WOW.Com Content Network
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk plans to donate $100 million in prize money towards the best carbon capture technology.What Happened: The billionaire tweeted his intentions to give away the ...
Funded by Elon Musk and the Musk Foundation, the $100 million carbon removal competition is the so far largest incentive prize in history. It is aimed "to inspire and help scale efficient solutions to collectively achieve the 10 gigaton per year carbon removal target by 2050, to help fight climate change and restore the Earth’s carbon balance".
On 13 December 2021, company CEO Elon Musk announced that the company was starting a carbon dioxide removal program that would convert captured carbon into rocket fuel, [87] [88] after he announced a $100 million donation to the X Prize Foundation the previous February to provide the monetary rewards to winners in a contest to develop the best ...
For premium support please call: 800-290-4726 more ways to reach us
The prize focuses on commercial exploitation of the carbon capture process. The prize will be awarded in the winter of 2021. [25] In 2021, Elon Musk of Tesla Inc announced a $100 million prize for development of the best technology to capture carbon dioxide emissions. [26]
For premium support please call: 800-290-4726 more ways to reach us
Elon Reeve Musk FRS (/ ˈ iː l ɒ n /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. His other involvements include ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.