Master Plan Part 3
A white paper presenting Tesla's calculations for a fully electrified, sustainable global energy economy, arguing it requires less investment and fewer mined materials than continuing today's fossil-fuel system.
Following Tesla's March 2023 Investor Day presentation, this white paper lays out the mathematics behind a path to a sustainable energy economy built on electrification of transport and heating, combined with renewable electricity generation and storage. It estimates that roughly 30 terawatts of renewable generation capacity, 240 terawatt-hours of storage, and about $10 trillion of manufacturing investment would be needed, using a small fraction of the planet's land, and concludes that this transition is achievable with existing or soon-available technology.