Ask HN: Any well funded tech companies tackling big, meaningful problems?

> One example I've heard so far is Tesla. Any others?

Lol, Tesla is not an example. They are a carmaker. Nothing Tesla does will change the world for the better. In fact investing in automobiles in any form is counter-productive when we should be reverting post-war city design mistakes. The best thing for the world would be to live in walkable communities with inter-city trains taking care of long-distance travel.

Tesla is a great example of the flaw in your question: looking toward a highly-funded company out to change the world is an impossibility. Highly funded companies are expected to produce revenue growth. That’s it. There’s no such thing as a for-profit company out to solve world problems unless solving those problems involves increasing profit.

So, like I said, what you’re looking for is probably a non-profit, a government agency, or research institution.

And don’t expect to get highly competitive salary to do work that helps people.

Tesla's utility-level batteries (MegaPack) make wind and solar projects more economically feasible since any excess wind can be stored instead of being sold at negative rates when its not being used. These batteries will allow the replacement of many coal-powered generator plants since those are typically used for peak times when we need more energy. They're responsible for pushing the electric car revolution forward (making it fashionable), which is forecasted to lead to less peak energy usage and a more balanced usage during non-peak hours (since people will be charging their cars at home after hours). In theory, this reduces the need to make upgrades to the US electricity distribution network and we should lose less energy transporting it. This also reduces the need for oil, and could prevent more wars in the middle east (since their major resource is less valuable)

Entertain them?

They have and they did. [1] You have it backwards. The other car companies have chosen not to purchase batteries and motors from Tesla anymore.

Tesla wanted to be a spark. They thought, worst-case scenario: other car companies will come and dominate, and we'll be positioned as a supplier with the best technology. Well, that didn't happen.

So now we have a simple dilemma. Tesla needs $$$. $$$ represents choices, research, development, improvement, etc. (Did I mention that Tesla's constant investment in battery technology has been driving down the cost across the industry?) Let's say they want to shutter their car business and just supply batteries and drivetrains.

We'll put the cost of a battery pack at $10k. Like any supplier, when selling to other car companies, they have to add X% markup to cover their future goals, research, development, etc. Now, other car companies pay $15k for the battery pack, which leaves $10k left over for all the other parts of the car to reach break-even on that $25k economical car. Margins are already thin, that ain't gonna work.

Well, Tesla could just sell the battery packs at cost since they care so much, right? Just so happens Tesla raised $5B. $5B / $10k = 500k battery packs. Great! But there were 17 million vehicles sold in the U.S. alone last year... that's a drop in the bucket. Tesla would need $150B / yr just to sell enough batteries to other car companies at cost. That ain't gonna work.

So where do we end up? Well, Tesla can "supply" the battery pack to their self at $10k because, well, it's their battery pack. Thus bestowing a competitive advantage upon their company.

> Or actually build an economical car, sub $25k

That's the plan. Do you not see their steps towards accomplishing that goal? Tesla literally laid out their plan from the beginning: start at the upper end of the market to capture enough money to throw into R&D such that they can work their way down the curve into the more economical price range. Not sure how this isn't obvious from Tesla Roadster ($150k+), Model S ($75k+), Model X ($80k+), Model 3 ($35k+) ...

By the way, you don't get down to a $25k car unless the parts that go into that car cost less than $25k. Tesla has been working to drive those costs down since the inception of their company. Evidence being the many factories they're building and the working partnership they've maintained for R&D on batteries with Panasonic.

> no self-driving

Self-driving is an add-on. It's not included in the base price of a vehicle.

> no performance mode

Once again, another lineup. Not the base model.

> Just a working, fully electric car that any working-class person could buy, globally

Working-class person with a Model 3 checking in. Similarly the Model 3 price point put it firmly within the grasp of my parents who have subsisted on Toyota Camry's and Honda Accord's their whole lives. Their next car will be a Model 3.

> That would have much more impact than building luxury electric vehicles.

Yeah. Tesla agrees. They're getting there. I'm not sure what they've done in the past two decades hasn't proven that.

[1]: https://evannex.com/blogs/news/when-tesla-partnered-with-the...