I don't buy on billionaires dreams, if Elon wanted to help humanity, he would focus on making Teslas more affordable and/or other projects that impact more closely the environment/people's life. Obviously, everyone spend their money in the way they want, but the non ending hypocrisy coming from those people is truly disgusting.
Tesla is focused on making more affordable cars. But they need to get to a level of scale which will enable cheaper cars. There are basic economics related to battery production which prevent a really affordable car atm. This the problem they are solving right now. The Model 2 is expected to be announced in 2023. That will be their $25k car. And I would imagine later in the decade they will be able to release a car sub $20k.
Tesla doesn’t have to be the one that makes the cheap car (even though indications are that they will, at least for the Asian markets) — making electric cars that are cool and capable and prove that it can be done it still immensely valuable.
And there are plenty of electric cars in the same rough segment as the Model 3 — but not many much cheaper. Which should probably tell you something about how easy/feasible it is. Tesla nor anyone else has a magic wand here.
