The fortune of the South African tycoon Elon Musk is $219 billion, making him the richest man in the world. Among the companies it owns is Tesla, a true benchmark in the electric automotive sector. However, that’s not all, as he recently became interested in the real estate sector.
Musk, as CEO of Tesla, has moved into a prefabricated home of very few square meters and extremely cheap, as it will only be worth $10,000. Not only that, but it is a sustainable and very environmentally friendly house. Here’s everything you need to know about this alternative housing.
Elon Musk’s sustainable prefabricated house
The South African billionaire decided to put his old house and practically all his properties up for sale on June 14, 2021, to move into a small, sustainable, prefabricated home in Boca Chica (Texas, USA), equipped with the latest technology, called Boxabl Casita. This house has not yet hit the general market, but Musk intends to have this type of home sold to the public soon to combat the shortage in the housing market.
Tesla’s commitment to sustainability and ensuring a prosperous future for humanity could not be stronger, given the example set by its most visible face. He has retained only one mansion in California that anyone can book for events. The tycoon is obsessed with the future and the progress of humanity and firmly believes that one of the main objectives to be met for the planet to be clean is the purchase of this type of prefabricated housing that has everything a family needs. They are somewhat small, but larger models will be built, as it is a developing industry.
Boxabl Casita initiative that attracted Elon Musk
It would not surprise us if Tesla joined as a competitor in the sustainable furniture market that will consolidate sooner or later. Musk has fallen in love with the project of Paolo Tiramani, CEO of Box, who is betting big on changing the U.S. housing market, which he intends to replicate in other countries. Let’s get to know Boxabl Casita’s project in detail.
It is a prefabricated house with an area of 20 square meters, but with a height of 2.90 meters. It can be assembled in just one hour with the help of a human team and the fortunately available technology. It currently has a value of about $50,000, a fairly low price considering that its design is modern and technologically advanced, and it is a sustainable and environmentally friendly house. However, it aims to be worth around $10,000. Tiramani is clear: the problem of homelessness must be solved in the best possible way.
Why Elon Musk is now getting into prefabricated homes:
To explain to you how he is taking over different markets, in the video below, you can see more about the prefabricated house in which Elon Musk lives, his position, and where he wants to take the planet earth and its conservation.