Elon Musk’s $50,000 Home Gives People Some Major FOMO. How?:- Elon Musk is one of the biggest contributors to the tech industry. From electric cars to solar panels to reusable rockets and advanced brain chips.
the South African-born billionaire is keen to make every aspect of our lives easier and better, but what if we tell you there’s more? there is the boss of Tesla and SpaceX took to Twitter to promote an affordable smart home that is causing a lot of buzz in the market.
This newly introduced home is powered by clean energy and has the potential to revolutionize the real estate industry. An eco-friendly home is everyone’s dream.
It doesn’t matter to be endorsed by the richest man in the world. But what do we know about this permanent home? And how feasible is it? Let’s find out together. As mentioned earlier, Elon Musk is considered one of the most innovative entrepreneurs in the world.
His ideas and companies have helped solve some of the world’s biggest problems. Tesla is seen as the startup that brought Musk into the limelight. And since the automobile company was established in 2003, it has carved a niche for itself as a forward-thinking firm with creative concepts and innovative products that solve real-life problems and promote healthy living.
Is. Musk’s other businesses, including SpaceX, Neuralink, and The Boring Company, also operate on the same principles. And although he doesn’t own a homemaker, the Tesla CEO is actively marketing a new brand of smart homes to his followers on Twitter.
But isn’t it ironic that despite having everything on his plate, Elon Musk remains committed to promoting sustainable homes? And more importantly, why isn’t he building it himself? Well, after first publicizing his desire to send humanity to the Moon.
One would think that Musk would be busy designing and building prototypes of homes that would accommodate astronauts if they eventually make it to the Red Planet.
Musk is known to be a very active person, and we believe that a solution to that concern will be incorporated into his plan to colonize Mars, but for now, a low-budget sustainable home for Earthlings Promoting is top of Musk’s priority. Especially because it’s the kind of house he lives in too.
It’s almost unimaginable if you ask us. I mean, a billionaire over $200 billion living in a house that costs less than 50% of the price of a Tesla Model 3? This is something that only an idiot like Elon Musk can do.
But how did Musk end up here? Back in 2020, the billionaire vowed to dispose of all his physical assets, including his real estate assets. “I am selling all physical assets. No house of his own.” Musk declared.
And being a man of his word, he sold seven of his homes in California a year later, earning $128 million in the process. Since then he’s technically homeless. In his recent tweets, Musk revealed that he now lives in a tiny house called Boxbell Casita.
It is located within the SpaceX complex in Boca Chica and costs only $50,000, which for some people like Musk is Easily affordable, but guess what? The tech billionaire doesn’t even own it.
The house is classified as a SpaceX property, and Elon Musk has to rent it out whenever he’s in town So, Musk is more or less a tenant in his own company. But what’s so special about this house? To begin with, the Boxabl Casita is a compact 6×6 meter house built from steel, concrete panels, and EPS foam.
Being a small residential unit, it can be easily towed even by a smaller-sized vehicle like the Tesla Model X. The company behind the project, says Boxbell The major components of the house such as the floor, ceiling, and walls have been carved.
Structurally made out of laminated panels, ensuring they offer greater insulation and durability than building materials used in traditional homes. Thanks to these strong components, Casita can withstand light storms, floods, snow, and even hurricanes.
We can’t confirm or deny this, but official sources say the Boxabl Casita is built to “last a lifetime”. This is a good selling point for customers, but we believe the deal breaker for any potential buyer will be the availability of basic home amenities.
And we can confirm that Boxabl Casita stands out in that regard. It is a studio apartment with four living areas, including a master bedroom, kitchen, bathroom, and an additional room that can serve as a living area or dining room.
As mentioned earlier, it has high ceilings and medium-sized windows to provide adequate ventilation. As part of the standard package, customers get basic home appliances such as an oversized fridge, dishwasher, ironing board, washer-dryer unit, ironing board, heater, microwave, and an air conditioner.
In addition, Casita opens up great possibilities for customers. We are probably heading towards an era where you will be able to build your own home without worrying about mortgage payments.
For the time being, the company is focused on promoting and disseminating smaller models of this revolutionary home. But in the future, it plans to design and build larger models. And by all accounts, this trading strategy is working.
Currently, Box has received 2,000 paid reservations for Casita Homes and orders totaling over 100,000 units. Overall, this should generate revenue of more than $1 billion for the company, which is impressive for a company that began business in 2017.
But as per reports, the company had made only three units of this product, which includes Musk. In. So how does he have such huge followers? Well, the answer is an open secret. Elon Musk attracts a lot of public attention.
In the past, tweets from the billionaire have affected the prices of stocks and cryptocurrencies, as most investors continue to want to invest money in projects that involve Elon Musk. Since Musk tweeted that he owns a unit of Cassida Home in 2020, business is booming for the company.
Musk’s tweet added 7,000 new orders to the waiting list. And there may be more orders on offer as the Casita Smart Home can also function as a makeshift medical center or military camp if needed. The company has already signed a $10 million contract with the US government to supply casita homes to the military.
But if orders continue to be placed at this rate, Boxable could be overwhelmed. To increase its production capacity, the manufacturer has just moved to a new factory that will allow it to produce a casita home every 90 minutes.
This would be a huge improvement over the current production rate of one casita every seven hours, and more importantly, it’s good news for the 47,000 people on the waiting list.
It should also bring a smile to the faces of potential customers who have not yet joined the list because soon, you will be able to order a smart home and have it delivered and installed in around two hours depending on your location.
It is such a compact and well-thought-out project that you would be hard-pressed to find flaws in it. Except that the current model may be too small for large families. However, we do know that the bigger version will be coming soon.
But even without it, the Box Casita’s benefits outweigh its disadvantages, especially in terms of stability. Musk has always advocated for reducing the world’s carbon footprint. This is the biggest inspiration behind his invention of the Tesla cars.
Not long ago, the billionaire backtracked on his decision to accept bitcoin in exchange for Tesla cars, because of the amount of energy required to mine the cryptocurrency. And also because tokens are usually mined with fossil fuels. Therefore, Musk should choose to live in a permanent home like Casita.
According to reports, residential properties account for between 17 and 21 percent of energy-related carbon emissions. This figure is set to explode in the coming years – with new real estate properties emerging from time to time. Well, except that we all follow Elon Musk’s path and embrace energy-efficient smart homes.
What do you think of the Box Casita Living Unit? And if you had the opportunity, would you be willing to move to a smart home? Let us know what your thoughts are in the comment section below. Be sure to watch this next video over here.
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Information Source – TechStop TV