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Transcript

Elon Musk Weekly News Update: Tesla, SpaceX, Neuralink, and More · Elon Musk Podcast

• 0:00
  Hi everybody and welcome back to the Elon Musk podcast.
• 0:04
  First, we will unpack the story of Grok, an artificial
• 0:08
  intelligence entity fashioned with A twist of character
• 0:11
  infused with what many would call a rebellious streak.
• 0:15
  Grok emerges as a unique player in the AI arena not merely for
• 0:19
  his technological prowess, but for his design inspiration,
• 0:22
  which hugs back to the much loved Hitchhiker's Guide to the
• 0:26
  Galaxy. Elon Musk has thrown another
• 0:28
  interesting AI concept into the mix.
• 0:31
  With Grok, this AI chatbot develop under Musk's new
• 0:35
  technical umbrella. Xai steps out of the
• 0:38
  conventional bounds by flaunting an unconventional sarcastic
• 0:42
  flair. Musk's recent tweets hinted
• 0:44
  Grok's capacity to offer not just any responses, but those
• 0:48
  laced with a hint of mischief and playful sarcasm.
• 0:52
  And the narrative around Grok is filled with anticipation and
• 0:55
  curiosity and the chat bot's abilities were teased on the
• 0:58
  social platform X, with a post from Musk himself showcasing a
• 1:02
  tongue in cheek response to an illegal quarry.
• 1:06
  Now Musk has made it clear that Grok is in its nascent stages,
• 1:09
  with plans to make it accessible exclusively to premium
• 1:12
  subscribers of the X platform. Post rigorous testing, the
• 1:16
  strategic roll out suggests a very careful approach to
• 1:19
  introducing Grok's unique persona to the world.
• 1:22
  Now Grok stands out with its direct access to the X
• 1:25
  platform's users posts, enabling a level of real time interaction
• 1:30
  that other chat bots might not yet match.
• 1:32
  And the novelty of Grok lies in its core design which promises
• 1:36
  to blend information processing with a little bit of humor.
• 1:40
  And as we look into the specifics of Grok, one thing is
• 1:43
  clear that Grok aims to be more than just a digital assistant
• 1:47
  like ChatGPT or something like that.
• 1:49
  It aims to be a conversational companion, something that you
• 1:53
  can hang out with, and a kind of a character.
• 1:56
  The technology underpinning Grok is ambitious.
• 2:00
  At the heart of Grok is a large, languid model known as Grok One.
• 2:04
  It's GR OK-1, an engine that drives the AIS ability to parse
• 2:09
  and respond to human input. And according to the development
• 2:13
  team at Xai, Grok one has demonstrated superior
• 2:16
  performance on certain cognitive benchmarks, even outshining its
• 2:20
  predecessor, ChatGPT 3.5. We're up to 4.0 now in chat
• 2:25
  Picchi by the way, and in areas such as mathematical problem
• 2:30
  solving. Despite these achievements, the
• 2:32
  team at Xai acknowledges that Grok is not the pinnacle of AI
• 2:36
  capabilities. It currently trails behind more
• 2:39
  advanced systems like GPT 4, which benefits from greater
• 2:43
  volumes of training data and computational resources.
• 2:46
  And nonetheless, Grok is being touted for its distinctive
• 2:49
  angle, the fusion of intellect with a layer of irreverent
• 2:53
  width, as showcased by the recent demonstration on Musk's X
• 2:57
  platform profile. Now, the potential of Grok
• 3:01
  extends beyond mere playfulness. Its integration with X grants it
• 3:05
  a stream of dynamic user data, purportedly giving it an edge
• 3:08
  over competitors in this data integration.
• 3:11
  As Musk highlighted through a comparative example, allows Grok
• 3:15
  to tap into a broader spectrum of up-to-the-minute information.
• 3:18
  And as Grok's early beta version undergoes user trials, the
• 3:22
  developments aim to define its capabilities.
• 3:25
  The chat bot is currently in prototype mode with access
• 3:28
  limited to a select group of users, and this phased approach
• 3:32
  reflects A commitment to quality and the anticipation of
• 3:35
  introducing new features that will expand Grok's
• 3:37
  conversational and analytical aptitude.
• 3:41
  Now, the vision behind X AI, Musk's freshly minted AI
• 3:44
  venture, is one that seeks to challenge the status quo of
• 3:48
  artificial intelligence development.
• 3:50
  And with Grok as its integral creation, X AI asserts its aim
• 3:54
  to unravel the complexities of the cosmos through AI, aligning
• 3:58
  with Musk's own philosophical inclinations towards cosmic
• 4:02
  exploration and understanding. Now, Grok is not just an AI.
• 4:06
  It's a litmus test for an approach that diverges from the
• 4:09
  current trend towards politically correct AI that's in
• 4:12
  quotes Politically correct. It embodies a response to the
• 4:15
  critique that modern AI lacks diversity and thought and
• 4:19
  accessibility. The company's mission statement
• 4:21
  underscored this commitment to creating technology that serves
• 4:24
  individuals across the spectrum of ideologies and background.
• 4:28
  Now, Musk's recent discourse on AI reflects a dual sense of
• 4:32
  urgency but also caution, and he's also championing the need
• 4:36
  for advanced AI. He remains vocal about the
• 4:39
  potential perils of unfettered AI development as well.
• 4:43
  Now this dichotomy shapes the ethos of X AI, which pledges to
• 4:47
  cultivate AI in a responsible and beneficial manner.
• 4:51
  Now we're going to be looking at a little bit off topic, but
• 4:54
  still on the topic of Croc. Here, Musk's engagement on the X
• 4:58
  platform hints at a future where Tesla vehicles might incorporate
• 5:03
  a version of Grok to enhance their capabilities.
• 5:06
  Now this symbiosis between Tesla's hardware and Grok
• 5:09
  software could redefine the in car user experience.
• 5:13
  It could give your car a personality.
• 5:15
  This potential integration aligns with Tesla's history of
• 5:18
  innovation in car technology, and Grok's incorporation could
• 5:22
  mean that Tesla vehicles would not only be self driving, but
• 5:26
  also be able to engage with passengers in a manner akin to a
• 5:30
  human companion. And Musk's vision of an
• 5:33
  interactive vehicle is not far fetched given his propensity for
• 5:36
  pushing the boundaries of technological integration and
• 5:39
  looking beyond Tesla. Though the possible applications
• 5:43
  of Grok in other realms such as home automation and personal
• 5:46
  devices, are vast, the underlying technology could be
• 5:49
  tailored to different environments, creating a
• 5:51
  seamless, connected experience that infused with Grok's
• 5:54
  characteristic humor and savvy. And as Grok continues to
• 5:58
  develop, its road map suggests A trajectory that could influence
• 6:01
  a host of industries. And the implications of such
• 6:04
  technology on the way we interact with devices and
• 6:07
  machines are significant, prompting A rethinking of
• 6:10
  traditional interfaces and user experiences.
• 6:13
  Now your curiosity engagement drive the conversation forward
• 6:17
  here on the show and we're thrilled to share these
• 6:19
  insightful journeys with you through the realm of tech and
• 6:22
  Elon Musk and now through Grok. And Grok represents a pretty
• 6:27
  large step forwards towards the future where AI can offer more
• 6:31
  personalized and engaging experiences.
• 6:33
  It's think about Siri or your Google Assistant, but with a
• 6:37
  personality that what I see Grok in the future.
• 6:41
  It's a reflection of the playful human spirit.
• 6:43
  Next up to it, we are going to explore a significant shift in
• 6:47
  the EV market. The increasing adoption of
• 6:50
  Tesla's Supercharger network by a growing roster of car brands.
• 6:54
  And as Tesla's proprietary charging technology becomes more
• 6:57
  accessible, we're poised to see a fundamental change in how E VS
• 7:01
  are powered on the go. Now Tesla has created a vast
• 7:05
  network of Superchargers. As we all know, that is now seen
• 7:08
  as an asset by other car manufacturers and a money maker
• 7:12
  for Tesla. Now these other brands are
• 7:14
  slated to transition their E VS to be compatible with Tesla's
• 7:17
  technology in the near future. And this move signals a pretty
• 7:21
  big shift, promising to reduce range anxiety and streamline the
• 7:25
  user experience for EV drivers across the board.
• 7:28
  And at present, the world of EV charging is dominated by two
• 7:32
  different standards. The Combined Charging System,
• 7:35
  the CCS in the North American Charging Standard and ACS, the
• 7:40
  latter being Tesla's format. The CCS system, utilized by a
• 7:44
  multitude of automakers, boasts high power charging capability,
• 7:48
  but the number of available charging points lags behind
• 7:51
  those equipped with an ACS. And Tesla's chargers have set a
• 7:55
  pretty high bar for reliability, which is crucial.
• 7:58
  As the EV market expands in, the demand for dependable charging
• 8:01
  solutions intensifies. Many existing and potential EV
• 8:05
  owners grapple with the concern of finding available and
• 8:08
  functioning charging stations during their travels.
• 8:12
  It's this issue that Tesla's widespread and reliable
• 8:14
  Supercharger network addresses. Tesla's willingness to open this
• 8:18
  network to other car makers could dramatically ease these
• 8:21
  worries and in doing so might accelerate the adoption of E VS
• 8:25
  by offering a more user friendly charging infrastructure.
• 8:28
  Now the move towards Tesla Supercharger network commenced
• 8:31
  with Ford's decision to tackle the subpar charging experiences
• 8:35
  reported by its customers. Other automakers like GM and
• 8:39
  Subaru have since followed suit, indicating a broad industry
• 8:43
  recognition of Tesla's networks value and Tesla's strategy
• 8:46
  involves opening its network to these brands, potentially
• 8:49
  transforming its charging solutions division into a
• 8:52
  significant revenue stream. And meanwhile, automakers are
• 8:56
  eager to resolve their customers charging concerns without
• 8:59
  investing heavily in developing their own infrastructures.
• 9:02
  However, this integration does not come without its
• 9:05
  complexities. Now, the Biden administration's
• 9:08
  infrastructure bill earmarks billions for expanding the EV
• 9:11
  charging network, with the preference for the CCS standard
• 9:15
  creating a potential clash with the auto industry's growing
• 9:18
  shift toward Tesla's NACS. Additionally, questions about
• 9:22
  the compatibility of non Tesla vehicles with Tesla's chargers
• 9:26
  and the possible need for adapters remain at the forefront
• 9:29
  of customer concerns, and for EV owners, the details of how they
• 9:34
  will engage with Tesla Supercharger network are
• 9:37
  paramount. The timeline for integration is
• 9:39
  clear though. Starting in 2024, adapters will
• 9:42
  become available and from 2025 onwards new EV models will come
• 9:47
  equipped with Tesla compatible charging ports.
• 9:50
  This presents a purchasing consideration for consumers, who
• 9:52
  must decide whether to invest in an EV now or wait for the more
• 9:56
  seamless charging experience promised in the near future.
• 10:00
  There's also the matter of cost. Using Tesla Superchargers will
• 10:04
  likely incur a fee for non Tesla drivers in the price of
• 10:08
  necessary adapters may add to the upfront cost of owning an
• 10:11
  EUV. And despite these financial
• 10:13
  considerations, the prospect of accessing Tesla's robust
• 10:16
  Supercharger network is poised to be a strong selling point for
• 10:20
  EVs, providing a more unified and user friendly charging
• 10:24
  experience. And as we approach this
• 10:26
  transition, the integration of Tesla's charging network across
• 10:30
  various car brands is more than an upgrade.
• 10:33
  It's a strategic move for Tesla towards a more interconnected
• 10:37
  and user centric EV ecosystem and Tesla is taking a large
• 10:42
  chunk of revenue for this in the future.
• 10:45
  I'm sure now mainstream brands and luxury vehicles in this
• 10:49
  industry is coming to a solution that promises to alleviate one
• 10:53
  of the most significant barriers to EV adoption, the range
• 10:57
  anxiety that people feel if they want to leave their hometown.
• 11:01
  And this shift stands to redefine the driving and
• 11:04
  charging experience for millions of EV owners, but also serves as
• 11:08
  a step in advancing sustainable transportation.
• 11:11
  Up next, we're going to be talking about Neuralink and its
• 11:14
  quest to mesh the human brain with cutting edge technology.
• 11:19
  Now imagine having a gadget no bigger than a coin nestled
• 11:23
  comfortably in your skull, transforming your thoughts into
• 11:26
  commands for a digital device. Neuralink, founded by Musk in
• 11:30
  2016, is pushing the envelope with the device that could
• 11:33
  revolutionize how we interact with technology and offer New
• 11:37
  Hope for individuals with severe neurological conditions like
• 11:41
  Parkinson's disease. And the idea is to implant this
• 11:44
  device, which Musk as compared to a high tech fitness tracker
• 11:48
  for your brain, into humans, starting with a select few to
• 11:52
  prove its safety and effectiveness.
• 11:55
  But it hasn't been all smooth sailing so far.
• 11:58
  There's a lot of enthusiasm right now, yet also hurdles to
• 12:01
  overcome, from rigorous FDA processes to the sheer boldness
• 12:06
  of the operation itself. Now this is an ambitious plan
• 12:09
  and Elon Musk and Neuralink are going to push through this.
• 12:14
  And they have had thousands of people interested in this
• 12:18
  process. These are prospective patients,
• 12:21
  and the FDA recently gave it a green light to perform
• 12:24
  additional implant trials in 2024 without an evaluation
• 12:29
  period. Now the company Neuralink
• 12:32
  estimates that each implant surgery will be about $10,500,
• 12:37
  including exams, parts and labor, and then it will charge
• 12:40
  insurers about $40,000. And it forecasts annual revenue
• 12:46
  as high as $100 million in about 5 years.
• 12:50
  Now Neuralink says that it plans to perform 11 surgeries in
• 12:54
  20/24/27 in 2025 and 79 in 2026. Then in 2027 it's going to ramp
• 13:04
  up significantly to 499 surgeries and then by 20-30,
• 13:10
  twenty 2204 surgeries. And this is according to
• 13:15
  documents provided to investors now, Neuralink's vision is huge,
• 13:22
  a future where our thoughts could control the digital realm,
• 13:26
  where the barriers between the mind and machines are blurred.
• 13:28
  It's not just your cell phone in your hand anymore in your
• 13:31
  pocket. Whatever you think happens on
• 13:33
  the screen, it's like something straight out of science fiction.
• 13:37
  Well, it's close to becoming someone's reality next year, and
• 13:41
  thousands have already raised their hands, ready to go, eager
• 13:43
  to be among the first to try out Neuralink's brain implant.
• 13:46
  The company's plan is huge, and the interest in Neuralink's
• 13:50
  project isn't just from potential patients though.
• 13:53
  The entire tech and medical communities are keeping an eye
• 13:57
  on Neuralink. They want to invest and they
• 14:00
  want to make money. And after an initial set back
• 14:02
  with the FDA, they've been greenlit.
• 14:05
  And these human trials has sparked A mixture of excitement
• 14:08
  and caution. Neuralink held Neuralink has
• 14:12
  laid out its criteria for participants specifically
• 14:14
  looking for individuals with severe mobility impairments.
• 14:18
  But it's not just about improving health, it's about
• 14:20
  pushing human potential as well for future patients.
• 14:25
  And the procedure to implant this device is as intricate as
• 14:29
  the tech that's inside of it. It's not just for the faint of
• 14:32
  heart. A piece of your skull is
• 14:34
  temporarily removed to allow a robot precise to a level that's
• 14:39
  hard to fathom to insert super thin threads into your brain.
• 14:44
  And these threads are the conduits through which the brain
• 14:46
  will communicate with the outside world.
• 14:48
  And when the surgery is complete, the device takes the
• 14:51
  place of the bone that was removed.
• 14:53
  It's high stakes, high precision, and this is an
• 14:57
  immense challenge that Neuralink is taking on.
• 15:00
  But there's more than technology and proficiency here.
• 15:04
  Musk's track record of pushing the envelope and smashing
• 15:07
  through the perceived ceiling. Tesla and SpaceX, it's well
• 15:11
  known. Yet with Neuralink, the stakes
• 15:13
  are even higher. There's no room for the trial
• 15:16
  and error approach that's often possible than other tech
• 15:18
  ventures talking about the human brain, people's skulls.
• 15:22
  And there's a need for speed driven by competition in Musk's
• 15:26
  own sense of urgency. But they have to be absolutely
• 15:31
  precise with every single motion.
• 15:33
  With this now, Musk's urgency is an arbitrary though in the
• 15:38
  background, competitors are moving forward and moving fast.
• 15:41
  With companies like Synchron already conducting human trials,
• 15:45
  Musk is candid about the competitive pressure, stressing
• 15:48
  the need for Neuralink to move swiftly to stay in the game.
• 15:51
  It's a race against time and against the progress of AI,
• 15:54
  which Musk's believe could pose risks if not matched by
• 15:57
  advancements in human cognition. But this isn't just about
• 16:01
  keeping up. It's about leadership and vision
• 16:04
  in a field that's rapidly expanding.
• 16:06
  And Neuralink's goal isn't to just create another medical
• 16:09
  device. It's a leapfrog.
• 16:11
  Over decades of more cautious progress to redefine the
• 16:14
  relationship between humans and technology, and the company has
• 16:18
  gained a level of attention and funding.
• 16:20
  It's unprecedented for a human computer interface venture,
• 16:24
  reshaping the entire industry's trajectory.
• 16:27
  Now I'm going to do a little side note here.
• 16:31
  I don't think I'd be OK with this as some sort of device
• 16:36
  where I can communicate with another device.
• 16:39
  I'm OK using my phone right now, but think about it for a minute.
• 16:43
  Would you get a piece of your skull removed and an implant in
• 16:47
  your brain to just be more active on the social media or,
• 16:52
  you know, texting your friends without actually texting with
• 16:54
  your thumbs? Think about that for a moment.
• 16:57
  That's what this could offer people in the future.
• 17:00
  It could also benefit a lot of people medically and could help
• 17:05
  them overcome physical challenges.
• 17:07
  So This is why it's going to be a great technology for those
• 17:10
  people now. They're like, it's promising and
• 17:14
  it goes beyond helping individuals with paralysis,
• 17:16
  though, or other motor function impairments.
• 17:18
  The broader goal is to expand human capabilities and to unlock
• 17:22
  potential. That's been the realm of fiction
• 17:25
  until now, and the potential applications are kind of crazy.
• 17:28
  From advanced communication possibilities for those who
• 17:31
  can't speak, two new levels of interaction with the digital
• 17:34
  world. So if you can't speak and you
• 17:38
  have no way to communicate, but this device could allow you to
• 17:41
  speak with other people because you could still think and those
• 17:44
  thoughts of communication could come through and you could speak
• 17:48
  with other people, that seems like a potential game changer
• 17:52
  for those people. And the path to this future is
• 17:54
  paved with these giant marvels. The implant itself is miniature
• 18:00
  and powerful. It's not just the brain, though.
• 18:02
  Neurolink is exploring spinal implants to restore movement,
• 18:06
  and this is going to be an overall approach for the
• 18:09
  company. It's not just going to be the
• 18:10
  one device. The vision is to move beyond
• 18:13
  simple tasks to more complex interactions, with Musk hinting
• 18:17
  at capabilities like telepathy or interaction with AI in
• 18:21
  unprecedented ways. So here we are, on the edge of a
• 18:26
  new era between humans and machines.
• 18:29
  Again, sort of like what the cell phone did before.
• 18:32
  Neuralink's path is going to be challenging, but it's also lined
• 18:35
  with the promise of the future that could redefine what it
• 18:37
  means to be a human being. The potential for growth, for
• 18:41
  change or something to kind of a new evolution for humans.
• 18:46
  It's all within reach now, and it's fascinating to me.
• 18:50
  And with that, I'm going to say thanks for tuning into the show.
• 18:53
  We love diving into these stories and I love sharing them
• 18:56
  with you, so please don't forget to hit the subscriber the follow
• 18:59
  button on your favorite podcast platform.
• 19:01
  It's totally free and takes just a moment.
• 19:04
  We are going to be talking about Cyber Truck today.
• 19:06
  Tesla Cyber Truck is such an influential and incredibly
• 19:11
  different vehicle, and as the anticipation mounts for Tesla's
• 19:14
  first Cyber truck deliveries, a recent video leak has sparked
• 19:18
  conversation and speculation among electric vehicle
• 19:22
  enthusiasts, and the YouTube channel TF Lev released a video
• 19:26
  containing what they claim to be Tesla insider information leaked
• 19:30
  information regarding the Cybertruck specs, Now, notably,
• 19:34
  the leak includes a photograph of power outlets situated near
• 19:37
  the tail light, a feature previously undisclosed by Tesla.
• 19:42
  In the image in question shared by TE, Lev reveals 3 power
• 19:46
  outlets integrated into the vehicle, a 220 Volt outlet
• 19:50
  alongside two 110 Volt outlets. This suggests that Tesla is
• 19:55
  positioning the Cybertruck not only as a transport solution,
• 19:58
  but also as a mobile power source for other devices,
• 20:01
  potentially including other vehicles or even home power
• 20:05
  systems. Now this detail aligns with the
• 20:08
  interests of potential customers who have been keenly waiting For
• 20:12
  more information on the trucks capabilities and we're going to
• 20:15
  get into the specs in just a moment.
• 20:17
  So please stay tuned. Now, in the leaked video, the TF
• 20:20
  Lev hosts engage in a detailed comparison of the cyber truck
• 20:24
  supposed dimensions against those of competing electric
• 20:27
  vehicles such as the Rivian R1 T, the Ford F-150 Lightning and
• 20:32
  the Hummer EV. A point of particular interest
• 20:35
  in the cyber truck's weight, which according to the leak,
• 20:38
  appears to undercut some of its rivals.
• 20:40
  This can apply significant implications for efficiency and
• 20:44
  for performance of the cyber truck, and the conversation also
• 20:48
  touches on the credibility of the leaked specifications and
• 20:51
  how they stack up against the sparse details previously
• 20:54
  mentioned by Elon Musk. And with the delivery event
• 20:57
  scheduled for November 30th, Tesla followers are hopeful that
• 21:01
  these leaked details will soon be confirmed or clarified by
• 21:04
  official sources. And following months of sporadic
• 21:07
  sightings and speculation, the Cyber Truck has consistently
• 21:10
  maintained a presence in the public's imagination.
• 21:14
  And with a leak of what might be the first public images of the
• 21:17
  cyber trucks power outlets, speculation has increased about
• 21:20
  the potential uses of these features.
• 21:22
  This new league has Tesla enthusiasts and future owners
• 21:25
  speculating on the myriad of possibilities that such power
• 21:28
  capabilities cut a lock from construction site utility to
• 21:32
  emergency home power supply. In the revelation of this photo,
• 21:37
  allegedly received from an insider source directly from
• 21:40
  Tesla as further credence to Musk's vision for a versatile
• 21:44
  electric pickup truck as early as 2018, Musk hinted at the
• 21:48
  inclusion of power outlets on a cyber truck.
• 21:50
  They're all over at regular trucks too, not just EVs Right
• 21:54
  now. ICE trucks have those as well,
• 21:57
  and this will allow it the use of high power tools without the
• 22:01
  need for an external generator. And this foresight emphasizes
• 22:05
  the practicality and forward thinking design the Tesla aims
• 22:08
  to implement in its future cyber trucks and other vehicles.
• 22:12
  And details on the specific capabilities of these power
• 22:15
  outlets remain uncertain. Although the TF Lev host
• 22:19
  suggests that the 220 Volt outlet could be rated for two kW
• 22:23
  pending confirmation, the strategic placement and
• 22:26
  concealment of those outlets indicate A thoughtful design
• 22:29
  aimed at maintaining the vehicle's sleek appearance while
• 22:32
  offering functional benefits. And the robust latch visible in
• 22:36
  the photo hints at a user friendly and durable solution
• 22:39
  for accessing the power supply points.
• 22:41
  The power outlets are situated with a design that seems to
• 22:45
  blend utility with Tesla's signature futuristic aesthetics.
• 22:49
  When not used, they're hidden behind a cover, pointing to a
• 22:53
  blend of functionality and design that Tesla's known for.
• 22:56
  The integration of these power outlets signifies A notable step
• 22:59
  towards Musk's vision of highly capable and self-sufficient
• 23:03
  electric pickup trucks. Now as we approach the impending
• 23:07
  commencement of Cybertruck deliveries, the excitement is
• 23:10
  growing and we do have those specs for you.
• 23:15
  Let's get into them. These are.
• 23:16
  It's a little bit long, so please just bear with me here.
• 23:19
  Now here's the dimensions. The overall length is 18.6 feet,
• 23:25
  the overall width with no mirrors is 79.9 inches, overall
• 23:30
  height 70.5 inches, and the wheelbase is 143 inches.
• 23:37
  And here's the weight in other ratings Dual motor weight 6670
• 23:43
  pounds Tri motor £6890.00. The tow rating is £11,000.
• 23:50
  That's really good. Max torque 1110 pounds.
• 23:55
  Bed length 72.8 inches. Not too bad.
• 24:00
  Bed width 51 inches. The front volume the front trunk
• 24:05
  7.1 cubic feet. The weight capacity of the front
• 24:09
  is £420.00. The headroom in the front is
• 24:14
  41.6 inches and the headroom in the rear is 39 inches.
• 24:20
  Leg room, 41 inches in the front and almost the same at 40.9
• 24:24
  inches in the rear. Shoulder room, 63 inches in the
• 24:27
  front and 62 inches in the rear. Hip room.
• 24:30
  Front and rear, 57.2 inches. And here's the outlets again,
• 24:35
  110 volts. There's two of those and 220
• 24:39
  volts there's one of them, and those are both in the back.
• 24:43
  There's no front outlets that we know of at this point.
• 24:47
  With less than three weeks remaining until the Cyber Truck
• 24:50
  starts reaching customers, the countdown to the real world
• 24:53
  application of these features is on observers.
• 24:57
  Potential buyers like myself and industry experts are watching
• 25:01
  the next move from Tesla to see what they announced next.
• 25:06
  And we're preparing people for the reality that will be the
• 25:10
  cyber truck driving along traditional ICE trucks on the
• 25:15
  road. As we draw closer to this
• 25:16
  official launch though, thus is expected to reveal more detailed
• 25:20
  information about the cybertrucks configurations, the
• 25:23
  capabilities and the role in its product lineup.
• 25:26
  Sticking with the electric vehicle topic, we're going to be
• 25:29
  taking a look at another EV company called NEO.
• 25:33
  They're a Chinese electric vehicle manufacturer and how
• 25:36
  they're going to be trying to get into the US market.
• 25:39
  Kind of Now as we look at NEO strategies and the hurdles that
• 25:43
  they face, particularly with the Inflation Reduction Act in the
• 25:47
  US, there's going to be an analysis of what it means for
• 25:51
  the overall EV industry, but also mainly about NEO.
• 25:55
  So Neo, CEO for the US has set up target for the company to
• 25:59
  launch its first EV in the United States by 2025.
• 26:03
  Now this plan is part of Neo's broader vision to expand it to
• 26:06
  25 countries and regions all over the world.
• 26:10
  However, Neo's approach differs significantly from other
• 26:13
  automakers. Instead of establishing local
• 26:16
  production facilities in the US, NEO intends to import its
• 26:19
  premium electric cars directly from China.
• 26:23
  Now this strategy could be challenging due to the Inflation
• 26:25
  Reduction Act, which provides tax incentives to EV
• 26:28
  manufacturers domestically built right in the United States.
• 26:33
  And despite the outline plans, there remains uncertainty around
• 26:36
  Neo's U.S. market entry. And recently Iyer suggested that
• 26:40
  the company is still debating the specifics of their American
• 26:43
  venture, particularly the timeline.
• 26:46
  The decision to build EVs in China and import them into new
• 26:50
  markets such as the US adds layers of complexity to their
• 26:53
  expansion strategy. It necessitates careful
• 26:56
  navigation of trade policies, market dynamics and consumer
• 27:00
  preferences. NEO, already a prominent name in
• 27:04
  China's EV market, has successfully extended its reach
• 27:07
  into Europe and the company is known not just for its electric
• 27:10
  vehicles but also for leading the charge and battery swap
• 27:13
  technology. And Neo's foray into mobile
• 27:15
  phone technology indicates its ambition to offer a holistic,
• 27:19
  tech centric experience to its customers.
• 27:22
  This diversification strategy is part of Neo's larger goal to
• 27:25
  establish itself is more than just a car manufacturer,
• 27:29
  however. The company's North American
• 27:31
  ambitions are still taking shape, and while the intention
• 27:34
  to enter the North American market's clear, the specifics,
• 27:37
  including the timeline and operational details are still
• 27:40
  under discussion and much consideration.
• 27:43
  Now. Neo's expansion into new markets
• 27:45
  requires not just selling cars, but also building a support
• 27:48
  infrastructure including showrooms, service centers and
• 27:51
  perhaps even battery swap stations as seen in its European
• 27:56
  territories. Now the move into North America
• 27:59
  positions NEO in a highly competitive and regulated The
• 28:02
  move into North America positions NEO in a highly
• 28:05
  competitive and regulated market.
• 28:07
  And other Chinese manufacturers like X Pang Motors and BYD have
• 28:12
  shown varying degrees of interest in the US market, each
• 28:15
  adopting different angles. And Neo's decision to import
• 28:18
  vehicles to the US might place it in a pricing disadvantage
• 28:22
  against local competitors like Tesla, which enjoy the benefits
• 28:25
  of tax incentives under the Inflation Reduction Act.
• 28:29
  And this act encourages EV manufacturers to build vehicles
• 28:32
  domestically by offering consumer tax credits for EVs
• 28:36
  made in the United States now. As a result, companies like
• 28:39
  Hyundai are investing in local manufacturing facilities to
• 28:42
  capitalize on these incentives. And Neo's approach of importing
• 28:45
  vehicles from China, where it's established a strong network of
• 28:48
  exclusive suppliers, presents a unique set of challenges,
• 28:51
  including higher tariffs and lack of eligibility for these
• 28:54
  tax credits. Neo's decision to continue
• 28:56
  manufacturing its EVs in China for the US market stems from
• 29:00
  several considerations. Establishing manufacturing
• 29:03
  facilities in the US is a costly endeavor, and NEO relies heavily
• 29:07
  on a network of Chinese suppliers who do not operate in
• 29:10
  the United States. And this reliance on Chinese
• 29:13
  suppliers is a significant factor in NEO strategy and as
• 29:17
  the company seeks to maintain its unique product offerings and
• 29:20
  quality standards of what they're used to now.
• 29:23
  However, this approach means that Neo's vehicles,
• 29:25
  particularly its high end bottles, will not qualify for
• 29:28
  the UX tax incentives as per the Inflation Reduction Acts current
• 29:33
  stipulations. This presents a significant
• 29:35
  hurdle for NEO, affecting the pricing and competitiveness of
• 29:38
  its vehicles in the US market, and the company's CEO Iyer has
• 29:42
  emphasized the importance of maintaining their pricing
• 29:44
  strategy, suggesting that NEO will not compromise on price
• 29:48
  just to fit into the incentive brackets.
• 29:51
  Now founded in 2014 and having launched its first EV in 2018,
• 29:55
  NEO has consistently focused on innovation, especially in
• 29:58
  battery technology and semiconductor systems, and the
• 30:01
  company's approach reflects A commitment to leading in the EV
• 30:05
  sector with cutting edge tech. However, adapting these
• 30:09
  technologies to different markets, each with unique
• 30:11
  consumer preferences and regulatory environments, is a
• 30:14
  very complex task. And IRA acknowledges that the
• 30:17
  American EV market has different needs compared to China and
• 30:20
  Europe, and adjusting to these needs requires not only time but
• 30:25
  also significant capital investment.
• 30:27
  And Neo's pass to the US market therefore involves a careful
• 30:31
  balance between maintaining its technological edge and adapting
• 30:35
  to local market conditions. Neo's journey towards entering
• 30:38
  the US market by 2025 encapsulates the challenges and
• 30:42
  opportunities faced by global EV manufacturers.
• 30:45
  And as the company navigates manufacturing decisions, supply
• 30:48
  chain complexities and market dynamics, it'll be interesting
• 30:51
  to observe how NEO adapts and evolves in the competitive
• 30:53
  landscape. Now I want to say thank you very
• 30:56
  much for listening to the show today and if you are a fan or if
• 31:00
  you're new here, thank you so much for being here for a while
• 31:03
  or being new here. So thank you for tuning in.
• 31:06
  And if you like this show, please hit the subscribe or the
• 31:09
  follow button on whatever podcast platform you're
• 31:11
  listening on right now because not only does it help me out,
• 31:15
  but you'll get all the latest news about Elon Musk and
• 31:19
  companies that are competing with him and also his companies.
• 31:22
  So thank you so much for doing that.
• 31:25
  Now that's it for today, everybody.
• 31:26
  Take care of yourselves and each other and I will see you
• 31:29
  tomorrow.