$100M Elementary School

Brought to you by the man that is supposed to be in charge of efficiency..

Elon Musk's New $100M School Gets Permit

Elon Musk's latest venture is not a rocket or an electric car, but Ad Astra, an educational institution for early childhood education. Ad Astra has officially received its permit to operate in Bastrop County, Texas. Musk, who is co-leading President-elect Donald Trump's DOGE (Department of Government Efficiency), invested $100 million in the school via his X Foundation.

The school is set to open its doors for the 2024-25 academic year, offering a progressive, STEM-focused curriculum for children aged 3 to 9. It will be run by Greg Marick, CEO of Xplor Education, a firm that partners with U.S.-based companies to deliver Montessori-style programs. STEM refers to science, technology, engineering, and mathematics.

Ad Astra, Latin for "to the stars," sums up Musk's vision of cultivating the next generation of problem solvers and builders. According to the website, the school's mission is "to foster curiosity, creativity, and critical thinking." It says it emphasizes hands-on, project-based learning where students are encouraged to explore, experiment, and find solutions to real-world problems.

The school was funded by Musk's X Foundation, a nonprofit organization supported by the Musk Foundation. According to documents reviewed by Fortune, nearly $100 million has been allocated to Ad Astra, marking it as the starting point for a broader educational initiative. Plans include expanding into K-12 education and potentially establishing a university in Texas, contingent on the program's success.

 

lol at you talking about being honest. bless your heart

the hypocrisy of stripping funding from public education and social services across the board while using tax free dollars earned with taxpayer subsidies to lavishly fund his own private educational experiment is almost as rich as you talking about honesty.

 

Without the $7500 ev subsidy Tesla was bk

 

Believe it or not, renovation can cost more than n

40% of their profits are from selling pollution credits. credits required by gubmnt standards. is he going to cut those regulations that force the other carmakers to buy hsi credits?

Over 40% Of Tesla's Profit Comes From Selling Regulatory Credits
Tesla earned $2.1 billion by selling regulatory credits to other automakers in the first three quarters of 2024, according to reporting from The New York Times based on the company's regulatory filings. That accounts for 43% of the automaker's—er... "A.I. company's"—profit.

These credits have long been a big part of Tesla's business. U.S. and other government standards require automakers to hit fleet-wide emissions targets. Companies that are above those targets must buy credits to bring down their average. They buy credits from companies like Tesla, which only makes zero-emissions vehicles, and other brands that are more efficient than required by law. This incentivizes companies to beat their targets, as it opens up a valuable revenue stream, while still providing leeway for those that can't or don't want to sell more efficient vehicles.

The credit-selling business was even more crucial to Tesla earlier on. Back when other automakers were struggling to get their EV programs off the ground, and Tesla was losing money on most cars it made, profit from regulatory credits was a lifeline. Many have argued it would have never survived without them.