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

0:01
Hey everybody, welcome back to the Elon Musk Podcast.
0:05
This is a show where we discuss the critical Crossroads, The
0:08
Shape, SpaceX, Tesla X, The Boring Company, and Neuralink,
0:13
and I'm your host, Will Walden. If you want uninterrupted
0:17
episodes of the Elon Musk podcast, please go to
0:20
clubelon.supercast.com to find out how there's a link in the
0:26
show notes. AI can either help us or it
0:29
could hurt us, and those are the narratives that are going around
0:32
right now. But recently, a professional
0:35
makeup artist found her career with a leading cosmetic brand
0:38
abruptly ended due to an AI recruitment tools interpretation
0:42
of her body language during a video interview.
0:45
This incident sheds light on the growing reliance on artificial
0:49
intelligence in the recruitment process, particularly in the
0:52
United Kingdom, which is now recognized as a front runner in
0:55
integrating AI with human resources.
0:59
The makeup artist Anthea Mordois experienced his unexpected turn
1:04
in her career trajectory following a compulsory RE
1:07
evaluation of her position at Mac Cosmetics during a furlough
1:10
period and despite her commendable performance in the
1:14
video interview, the AI system developed by High Review, a
1:17
recruitment firm based in the United States, scored her low on
1:21
nonverbal communication, leading to her dismissal.
1:25
Now this case comes at a time when the United Kingdom is
1:28
reported to be the second largest adopter of AI in the
1:31
field of recruitment and human resources, following closely
1:34
behind India and on par with United Arab Emirates.
1:38
A study conducted by IBM in November of this year
1:41
encompassed 20 countries found that 41% of the companies are
1:46
now leveraging AI to streamline the recruiting and HR functions.
1:52
Now this controversy surrounding this dismissal highlights the
1:56
ethical and practical concerns associated with AI in employment
2:00
decisions. High Review's decision to
2:02
discontinue its facial analysis feature in 2020 was a response
2:07
to the growing unease amongst workers about the implications
2:11
of such technology on their careers and their personal
2:14
well-being now. This ordeal had significant
2:17
repercussions, though. Both.
2:19
Professionally and personally for this person in the industry,
2:22
feeling unjustly outed from a career she passionately pursued,
2:26
she embarked on legal proceedings against Estee
2:28
Lauder, the parent company of Mac Cosmetics.
2:31
The matter was eventually settled outside of court, but
2:34
not without leaving a lasting impact on their mental health
2:38
and her outlook on the use of AI in employment practices.
2:43
Now, the broader context of this incident is the increasing
2:45
incorporation of AI tools in the recruitment process, aiming at
2:49
enhancing efficiency and also decision making.
2:52
From scanning resumes to analyzing candidates,
2:54
expressions and gestures and video interviews, AI is
2:57
reshaping how companies assess potential hires.
2:59
This trend is supported by a notable increase in job
3:02
applications through platforms like LinkedIn, indicating a
3:05
shift towards more digitalized employment processes.
3:09
However, the effectiveness and fairness of AI is selecting the
3:13
most qualified candidate remains subject of debate.
3:17
Critics argue that despite the cost saving advantages for
3:19
companies, there's scant evidence to suggest that AI
3:22
consistently identifies the best suited candidates for positions.
3:26
And the growing use of AI in HR has raised alarms about the
3:30
transparency in such practices and the need for regulatory
3:33
oversight to protect workers rights.
3:35
The concern is that employees and job seekers are often
3:38
unaware of the extent to which AI influences their employment
3:42
prospects and workplace evaluations.
3:46
Now, legal experts and labor unions in the UK are advocating
3:50
for stringent regulations to govern the use of AI and
3:53
employment decisions. The goal is to ensure that these
3:56
technologies are applied ethically and that there are
3:58
mechanisms in place to challenge and rectify erroneous AI
4:02
judgments that could adversely affect individuals careers.
4:06
Now in response to this controversy, both Estee Lauder
4:10
and Higher View have defended their employment assessment
4:12
practices, emphasizing the comprehensive and multifaceted
4:16
nature of the decision making processes.
4:18
They assert that AI and visual recognition technologies
4:21
constitute a minor part of a broader array of performance
4:24
related data and qualitative feedback considering in
4:28
employment evaluations aiming to maintain fairness and
4:32
objectability in hiring processes.
4:36
Now concerns are mounting over the transparency and the
4:39
regulatory oversight of AI tools in the UK.
4:42
What's calls for? Protective measures for workers.
4:45
Of course. Legal experts stress the
4:47
necessity of regulating this to ensure fairness and
4:51
accountability and AI driven employment decisions.
4:55
Now I'm not sure how I feel about this.
4:58
I think there are some parts of AI that are great.
5:04
It helps us go through the HR process when scanning resumes
5:08
very easily. Candidates that aren't going to
5:11
work out get weeded out very quickly.
5:14
Candidates that wanna rise to the top, they can do that
5:17
relatively easily if we use AI technology to scan the resumes.
5:22
But the body language thing, that's what's getting me here.
5:27
Because some people, they just don't have the same body
5:31
language as other people. They don't know how to express
5:33
themselves and they never have. And it's OK if they get the work
5:36
done in my opinion, but they're a great worker.
5:39
They they know their industry and they can produce really
5:44
great products. There's no reason for them not
5:46
to get hired or for them to be fired.
5:48
Sometimes communication is something that people have to
5:51
work on and that's OK. So for right now, this is still
5:57
up in the air. Estee Lauder and Hire View have
6:00
both defended themselves and it looks like they're going to
6:03
continue to use products like this in their hiring process.
6:08
There's a. Link in the show notes SpaceX
6:10
and NASA. Are working together to launch
6:13
people to the moon for the Artemis 3 mission.
6:17
But the Artemis 2 mission is the next one that will be on the
6:21
schedule and at NASA's Kennedy Space Center.
6:24
A flurry of activities surrounds the preparations for the
6:26
upcoming Artemis 2 mission, now slated for September of 2025
6:31
following a recent delay. Another mission, which is a
6:34
cornerstone in NASA's ambitious plan to return humans to the
6:36
surface of the Moon, relies on the seamless integration of the
6:40
Orion spacecraft in the mighty Space Launch System rocket or
6:44
the SLS. The Exploration Ground Systems,
6:47
or the EGS program is at the forefront of these preparations,
6:50
meticulously finalizing the new ground systems essential for
6:54
crude launches. Now, the delay announced by NASA
6:57
officials has been attributed to unforeseen challenges within the
7:00
Orion program, dissensitating an additional 10 months of
7:03
engineering and production efforts.
7:06
And despite these setbacks, EGS is adapting its schedule to
7:10
ensure that the ground systems and the SLSS solid rocket
7:13
booster components are ready for the pivotal moment when assembly
7:17
can commence, hopefully later this year.
7:21
Now a significant focus for the EGS team is the completion and
7:25
certification of the mobile launcher and Pad 39-B systems.
7:29
Now these are crucial for the transition to crew missions,
7:32
involving comprehensive testing of new and upgraded systems to
7:36
ensure the safety and efficiency of operations.
7:39
The introduction of an advanced emergency egress system is a
7:42
highlight of these upgrades, mirroring the safety features of
7:45
pass NASA crew admissions and the current commercial crew
7:49
program. Now the emergency evacuation
7:51
system, critical for the safety of the crew and support
7:55
personnel, is undergoing rigorous testing.
7:58
This system featuring slide wire baskets and emergency transport
8:02
vehicles, is designed to provide a rapid evacuation route for the
8:06
launchpad in an emergency scenario, and the testing phase
8:09
for the system targeted for completion in mid spring
8:12
underscores NASA's commitment to maintaining the highest
8:15
standards of quality. Now, concurrently, EGS is
8:19
addressing the enhancement of liquid hydrogen storage capacity
8:22
at Pad 39 BA strategic move to bolster the SL s s launch
8:27
capabilities. This expansion, coupled with a
8:29
series of integrated system verification and validation
8:32
tests, shows that the thorough and methodical approach that
8:35
NASA employs in its missions planning and execution and now
8:39
the assembly of the SLS solid rocket boosters, which is a
8:42
critical component of the launch system, is progressing steadily.
8:46
With all booster segments delivered and inspections
8:49
underway, the focus has shifted to the assembly of the aft
8:52
sections. This step is pivotal for the
8:55
mission timeline and is being carefully coordinated with the
8:58
readiness of other mission components of the recent
9:01
postponement of the Artemis 2 mission necessitates A strategic
9:04
reassessment of the overall launch preparation timeline.
9:08
This challenge also presents an opportunity for NASA to refine
9:11
its processes and ensure that every element of the mission
9:14
adheres to the agency's stringent standards for safety
9:17
and performance. And NASA's dedication to
9:20
overcoming these hurdles is evident in the rigorous testing
9:23
and validation of the new ground systems.
9:25
The EGS team is committed to ensuring that all the systems
9:28
from the emergency egress to the liquid hydrogen storage are
9:31
fully operational and meet the exacting requirements of a crude
9:36
lunar mission. And the integration of the Orion
9:38
spacecraft with the SLS rocket is very complex, involving
9:42
numerous technical and logistical challenges.
9:45
Despite these complexities, NASA's teams are working
9:48
tirelessly to ensure that all systems function harmoniously,
9:52
paving the way for a successful launch.
9:55
And Artemis 2 is a huge milestone in NASA's lunar
9:58
exploration efforts and these preparations underway at Kennedy
10:02
Space Center. It shows that NASA is committed
10:05
to excellence, and they're committed to the safety of the
10:08
astronauts when they loop around the moon and come back down to
10:12
Earth. The EGS program in particular
10:15
plays a crucial role in this endeavor, ensuring that the
10:17
ground systems and launch infrastructure are ready to
10:19
support the historic mission. Now, as the EGS team navigates
10:24
the challenges posed by the mission delay, the focus remains
10:27
unwavering. To prepare the Kennedy Space
10:30
Center's facilities and systems for the Artemis 2 launch
10:33
involves A delicate balance of technical expertise, strategic
10:37
planning, and adaptability to ensure that all components are
10:40
launch ready. The upcoming tests and
10:42
validations of the ground systems and SRB components are
10:45
critical steps in the journey for the Artemis to launch, and
10:49
these efforts not only demonstrate NASA's technical
10:51
prowess, but also its commitment to ensuring the safety and
10:54
success of the crew on this mission.
10:58
Now NASA is redoubling their efforts here, working diligently
11:02
to resolve issues at hand and keep the Artemis 2 mission on
11:05
track. In.
11:06
The Artemis 2 mission, with its goal of circling the moon, is
11:09
more than just a Space Flight. It's a symbol of human ingenuity
11:13
and the relentless pursuit of exploration.
11:16
And the preparations at Kennedy Space Center, led by the EGS
11:19
program, are laying the groundwork for the next giant
11:22
leap in space exploration. Now, Artemis 2 is part of NASA's
11:28
enduring spirit of discovery and its commitment to pushing the
11:31
boundaries of human space exploration.
11:33
Through their meticulous preparations and unwavering
11:36
dedication of the EGS program and its partners, the stage is
11:39
being set for a mission that will not only advance our
11:42
understanding of the Moon, but also inspire future generations.
11:46
Scientists have recently started on the ground breaking analysis
11:50
of sample from the asteroid Bennu, courtesy of NASA's Osiris
11:54
Rex mission. This is spanned 7 years,
11:58
culminating with the delivery of a precious cargo of asteroid
12:01
fragments to Earth on September 24th, 2023.
12:05
The landing is in a secluded area of the Utah Test and
12:09
Training Range operated by the Department of Defense, and it
12:13
went off without a hitch. Now OSIRIS Rex, an acronym
12:17
encapsulating the mission's multifaceted goals, has returned
12:20
with what is believed to be remnants from the dawn of our
12:23
own solar system some 4.5 billion years ago.
12:27
And the University of Arizona's dedicated team is at the
12:30
forefront, employing cutting edge technology to decipher the
12:33
secrets held by these dark particles from Bennu.
12:36
With a modest 200 milligrams of the Bennu sample to work with,
12:39
the team has identified over 1000 particles, some as large as
12:43
3.5 centimeters, offering an unprecedented glimpse into the
12:47
building blocks of our solar system.
12:49
Now, these samples are teeming with minerals containing water
12:52
alongside a wealth of carbon, nitrogen, sulfur and phosphorus,
12:56
making them a significant repository of primordial
12:59
material. The implications of these
13:02
findings are profound, hinting at Bennu's potential origins
13:06
from an ancient oceanic world, a theory supported by the presence
13:10
of a unique phosphate crust in the samples, a feature not found
13:13
in any meteorites on Earth. Now, as the scientific community
13:17
awaits and anticipates the detailed revelations of the
13:21
upcoming 55th Lunar and Planetary Science Conference,
13:24
the research conducted paves the way for a deeper understanding
13:27
of our place in the cosmos. This journey not only unravels
13:30
the history of Bennu, but also bridges the gap between no
13:33
meteorites and their celestial origins, enriching our knowledge
13:38
of the vast asteroid belt. And the samples from the
13:40
asteroid Bennu through NASA's Osiris Rex mission suggest that
13:44
this space rock might have connections to ancient ocean
13:48
worlds. This discovery provides a unique
13:50
glimpse into the early solar system's composition and the
13:53
materials that formed our own planet.
13:55
The University of Arizona's team is at the forefront analyzing
13:58
the samples to uncover the secrets.
14:00
The samples are now under meticulous examination to
14:03
understand their composition and significance, and at the
14:06
University of Arizona Kuiper, Arizona Laboratory for Astro
14:09
Materials Analysis, scientists are busy investigating the Bennu
14:13
samples. The initial batch for analysis
14:15
consists of 200 milligrams of material, which, although small
14:18
in quantity, is rich in data. The samples feature a variety of
14:22
particle sizes, indicating A diverse collection of materials
14:25
from the asteroid. Now the Bennu samples have
14:28
revealed the wealth of information, including the
14:30
presence of water, carbon, nitrogen, sulfur and also
14:34
phosphorus. These elements, which are all
14:36
essential for life, are locked within the asteroids, minerals
14:40
suggesting that Bennu could be a reservoir of primordial
14:43
material, untouched by the processes that have altered
14:46
similar substances on Earth. Now we're waiting for this
14:50
analysis, and it'll happen on the 55th Lunar and Planetary
14:54
Science Conference, and there's over 70 abstracts submitted for
14:57
this. The conference promises to shed
14:59
new light on the asteroids composition and its implications
15:02
for understanding the solar system's history.
15:05
Now, one intriguing aspect of the Benno samples is their
15:07
unique isotopic composition, setting them apart from
15:10
meteorites found on Earth. And this distinction suggests
15:13
that the asteroid contains materials not typically
15:15
accessible through meteorite study, offering new avenues for
15:19
research into the solar system's building blocks.
15:22
Our particularly novel finding is the presence of a phosphate
15:26
crust in Bennu samples, a feature not observed in
15:30
meteorites. This crust could indicate a
15:32
connection to extraterrestrial ocean worlds, where phosphates
15:36
play a crucial role in biological processes.
15:39
This discovery fuels speculation that Bennu may have originated
15:43
from an ancient ocean world. Now, the process of studying the
15:46
Bennu samples is a testament to the dedication and collaboration
15:50
scientists over decades. From the mission's proposal to
15:53
the analysis of the returned samples, researchers like Thomas
15:57
Zega express gratitude for opportunity to contribute and
16:00
participate in this groundbreaking work in the
16:04
success of Osiris Rex mission. And the analysis of the Bennu
16:07
samples show that this is an important space mission.
16:11
They not only enhance our understanding of scientific and
16:13
specific celestial bodies, but also help connect the dots
16:17
between different Astro materials found on Earth and
16:20
their origins far away in the cosmos.
16:23
The opening of the sample return capsule was monumentous for the
16:27
Quick Look team, revealing a fine grain dust coating from
16:30
Bennu was absolutely amazing. This initial examination set the
16:35
stage for the detailed analysis that would follow using some of
16:39
the most advanced analytical tools available now.
16:42
Zega's personal journey with the Bennu samples from Texas to
16:45
Arizona highlights this meticulous care taken to
16:48
preserve these precious materials.
16:50
The samples were transported under strict conditions to
16:53
ensure their integrity and with the full opening of the TAG Sam
16:57
head which held the Bennu samples, there's a lot of
17:00
challenges and excitement inherent in space exploration.
17:04
There's a lot of discovery to be happening right now, and despite
17:06
technical hurdles from the team, they were a part of the TAG Sam
17:12
that was stuck. The team's persistence paid off,
17:15
allowing for a comprehensive cataloging of the asteroid's
17:20
bounty. Now, the upcoming release of
17:22
more Bennu sample catalog will mark a significant milestone,
17:26
enabling scientists worldwide to request samples for their own
17:29
research. Now, this effort will broaden
17:31
the scope of Bennu's study, contributing to a more nuanced
17:35
understanding of the asteroid and its place in our solar
17:37
system's history. And the analysis of Bennu
17:41
samples is an interdisciplinary endeavor.
17:44
Involving a range of sophisticated instruments, from
17:47
optical and electron microscopes to the cutting edge nano Sims,
17:51
The team is equipped to delve into the minutiae of the
17:54
asteroids composition. The insight schemes from the
17:57
Bennu samples are poised to revolutionize our understanding
17:59
of our own early solar system. By examining the isotopic
18:03
variations in mineral content of the asteroid, scientists can
18:06
piece together the history of these ancient materials and
18:09
their journey through space. The ongoing study of the Bennu
18:13
samples is dynamic and it's evolving, with new discoveries
18:17
expected in the coming months. And we'll have them here for you
18:20
on this show, so please hit the subscribe button so you can get
18:22
them all. And the dedicated efforts of
18:25
scientists ensure that this mission will continue to unfail
18:28
mysteries of the cosmos for decades to come.
18:32
Now, this Osiris Rex mission and the study of the Bennu samples
18:36
are all about exploration and discovery.
18:38
As researchers continue to analyze these ancient materials,
18:42
they're writing a new chapter in our understanding of the
18:44
universe and our place within it.
18:47
And the analysis of the asteroid Bennu samples offers a
18:50
fascinating glimpse into the building blocks of our own solar
18:53
system. The findings from these studies
18:55
not only enhance our knowledge of Bennu, but also contribute to
18:59
our broader understanding of the cosmos and the origins of life
19:04
on Earth. Anything you hear in this
19:07
podcast is not financial advice, so please invest your money
19:12
wisely. Now, Tesla recently reported its
19:16
quarterly earnings missing both sales and earnings forecast.
19:20
This miss was attributed primarily to lower average
19:23
selling prices, or ASPs, for its popular Model 3 and Model Y
19:27
vehicles. Now, Tesla reduced its prices
19:30
more than expected to maintain its market share in the electric
19:33
vehicle sector. As high interest rates in a slow
19:36
economic climate. Now this strategy while
19:38
affecting short term financials. Might not be a long term
19:41
concern. As the economic situation
19:42
improves and interest rates potentially decrease, Tesla has
19:46
plans to introduce a new, more affordable mass market vehicle.
19:50
By 2025 it's going to be about $25,000 according to Elon Musk,
19:55
which could temporarily affect current sales due to the Osborne
19:58
effect. Now, this phenomenon occurs when
20:00
consumers delay purchasing. In anticipation of a newer model
20:04
and despite this, Tesla's long term outlook remains positive
20:08
with lowered future estimates potentially underestimating the
20:11
company's growth potential. Now, following the year earnings
20:15
report, Tesla's stock price fell to around $180.
20:19
This is a significant drop from its high and this decrease
20:23
reflects broader market sentiments but contrast with
20:25
Tesla's increasing revenue and net income, highlighting the
20:29
company's growing financial strength despite stock market
20:32
volatility. Now Tesla stock has shown signs
20:35
of reaching A generational low during the tech sell off with
20:38
technical indicators like the RSI and stochastic oscillators
20:45
suggesting potential momentum shifts.
20:47
And long term prospects for Tesla stock remain pretty strong
20:51
with potential for considering growth and market conditions
20:55
evolve. Now let's take a look at some of
20:57
the financials. Here.
21:00
Looking ahead to 2024, the rest of 2024, Tesla's revenue
21:04
projections paint kind of a promising picture of its growth
21:07
trajectory. The company is expected to
21:09
generate $80 billion from the sale of 2,000,000 Model 3 Model
21:13
Y vehicles, assuming an average selling price of $40,000 each.
21:17
The introduction of 75,000 cyber trucks with an ASP of 90,000 is
21:23
anticipated to contribute an additional $6.75 billion.
21:29
Now. Sales from 75,000 Model S s and
21:32
XS with a higher ASP of 110,000 are projected to add 8.25
21:38
billion to the revenue pool now. Furthermore, the emerging Tesla
21:42
Semi with an estimated 25,000 units sold at about $175,000
21:48
each, is expected to bring in $4.4 billion.
21:53
There's additional revenue streams too, which are
21:55
regulatory credit revenues of $2 billion.
21:59
Automotive leasing revenue is also at about 2 billion, and
22:02
energy generation and storage sales projected at around 7
22:05
billion. Also, services and other revenue
22:08
estimates of about $8.5 billion, culminating at a total revenue
22:12
of about $118 billion for 2024. Now the financial outlook for
22:18
2024 also highlights Tesla's profitability metrics with a
22:22
gross margin of 19.7% Tesla's. Poised to achieve.
22:26
A gross profit of $23.44 billion and after accounting for
22:30
estimated operational costs of $8.8 billion and additional
22:35
taxes and other expenses estimated at 1.2 Bill Tesla's
22:40
net income is projected to reach about $13.45 billion.
22:45
This financial performance translates to an earnings per
22:48
share estimate of $4.20 for 2024.
22:54
Now these projections show that. Tesla's potential for?
22:57
Sustained profitability and growth.
22:58
Despite the dynamic challenges in the EV market right now,
23:02
Tesla's ASPs for the Model 3 and Y segment dropped more than
23:05
anticipated, impacting overall automotive sales.
23:08
However, this trend might reverse as economic conditions.
23:11
Change, potentially increasing ASPs and revenue from these core
23:15
models. Now, despite the challenges that
23:17
Tesla's facing, it's shown margin improvements in the
23:21
recent quarter. Indicating potential for
23:23
enhanced profitability as it adjusts pricing strategies and
23:27
operational efficiencies. Now, Tesla's profitability
23:30
metrics, though currently lower than previous highs.
23:33
Are on an upward trajectory, though with new vehicle models
23:37
on the horizon and an expected improvement in economic
23:40
conditions, Tesla's profit margins are likely to expand,
23:44
positively impacting its stock price.
23:46
Now, the announcement of Tesla's new mass market vehicle could
23:50
lead to a temporary slowdown in Model 3 and Model Y sales as
23:54
consumers await the new model, the $25,000 model.
23:57
We don't know what it's. Called yet, however, this effect
24:00
is expected to be a strategic shift rather than a long term
24:03
detriment to Tesla's growth. Now projections for Tesla's 2024
24:07
revenues remain optimistic with significant contributions
24:10
expected from Model 3 and Y lineup and the introduction of
24:14
the Cyber Truck and the Semi and the expansion of other business
24:18
segments. Estimates suggest a strong
24:21
revenue growth trajectory for Tesla in 2024 and early 2025.
24:26
Now, current market sentiment around Tesla may be overly
24:29
pessimistic, though, with consensus EPS estimates
24:33
potentially undervaluing the company's earnings potential and
24:36
as Tesla continues to innovate and expand its product.
24:39
Line. Its financial performance is
24:41
likely to exceed market expectations and given the
24:44
current market dynamics and Tesla's growth prospects, this
24:48
stock presents a potentially lucrative investment
24:51
opportunity. Analysts suggest that the
24:53
current valuation might be an opportune entry point for long
24:57
term investors. Tesla faces significant
25:00
competition for both established automakers and emerging EV
25:03
companies too. These competitive pressures,
25:06
along with other market and operational risks, could impact
25:09
Tesla's growth trajectory and necessitate careful investment
25:12
consideration. Now Tesla's an innovator.
25:16
They challenge the markets and they're also kind of financially
25:21
volatile in a sort of bleak way right now.
25:26
But it's looking good and as the.
25:28
EV market continues to evolve. Tesla's strategic decisions from
25:32
pricing to do model introductions will play a
25:36
crucial role in shaping its future success.
25:38
Investors and market watchers will monitor Tesla's progress,
25:41
particularly in light of its ambitious plans for expansion
25:45
and market. Dominance even more than they
25:47
already have right now with the $25,000 EV coming out.
25:52
Sometime or being announced, I should say sometime in the
25:55
coming. Year or two?
25:58
Now, Tesla's fundamentals, their strategic initiatives and market
26:02
positioning suggest a promising outlook and the company's
26:06
ability to navigate market dynamics, innovate on the
26:10
vehicles that they already have and come out with a new.
26:13
Line and they also capitalize on emerging opportunities.
26:18
It's a key to the long term success and also investor
26:23
returns. Just recently, SpaceX
26:25
successfully launched NASA's Plankton Aerosol Cloud ocean
26:30
ecosystem mission also called PACE, a nearly $1 billion
26:34
Environmental Research satellite.
26:36
Now this event took place early on Thursday, despite previous
26:40
threats to cancel the project. We'll get into that a little bit
26:43
later. It's pretty juicy, and the
26:45
mission's goal is to enhance our understanding of climate change
26:49
by studying the intricate interactions among carbon
26:52
aerosols and marine life on a global scale.
26:56
Now, Karen Saint Germain, the director of NASA's Earth
26:59
Sciences Division, said that Pace's potential to
27:02
revolutionize our comprehension of aerosols, clouds, and the
27:06
global energy balance is one of the key factors for this
27:09
mission. She drew parallels between the
27:11
significance of Pace's contributions to oceanography
27:14
and the James Webb Space Telescope's contributions to
27:17
cosmology, emphasizing the mission's expected profound
27:21
impact on our knowledge of oceanic and terrestrial life
27:25
right here on our planet Earth. Now, the mission faced delays
27:28
due to adverse weather conditions, but eventually
27:30
launched from Cape Canaveral, marking a significant
27:33
achievement for SpaceX. The Falcon Nights rocket liftoff
27:36
was not only a visual spectacle but also a technical milestone,
27:40
achieving the first polar orbit launch from the East Coast from
27:44
the US government since 1960. Huge deal in a Space Flight
27:49
community. Now, Pace's journey to the
27:51
launchpad was fraught with challenges.
27:53
This is where we get a little bit of juicy stuff here,
27:55
including threats of cancellation under the Trump
27:58
administration. However, persistent support from
28:01
the scientific community and the pushback from NASA and the
28:05
pushback from the public as well, ensured the project's
28:08
continuation. As noted by Jeremy Werndel, PACE
28:11
project scientist. Now equipped with advanced
28:14
instruments, the PACE satellite aims to provide a comprehensive
28:18
understanding of the interactions between the ocean,
28:21
the atmosphere, and also the land.
28:23
This holistic approach is crucial for unraveling the
28:26
complexities of Earth's climate system and addressing one of the
28:29
most significant uncertainties in climate modeling.
28:33
The mission is expected to offer a high precision data critical
28:36
for refining computer models used by policymakers, and this
28:39
data will include real time measurements of aerosol
28:42
movement, plankton, health, and carbon transport, offering
28:46
invaluable insights into climate change dynamics.
28:49
And NASA's officials under score the importance of understanding
28:52
the interactions between ocean life and the atmosphere in
28:55
addressing the climate crisis. The PACE mission is set to
28:58
provide crucial data on aerosols and their role in cloud
29:02
formation and weather systems, shedding light on a key
29:06
scientific mystery of our own planet, Earth.
29:09
Now with a total cost of $940 million, almost a billion
29:13
dollars, the PACE mission represents a significant
29:16
investment in Earth observation technology.
29:20
It's successful deployment and forthcoming scientific
29:23
observations which will gather data and will the data will be
29:26
used for years, decades ahead. It's expected to begin in about
29:31
two months with that data collection.
29:33
Now we're all waiting for this and the launch of PACE is part
29:36
of NASA's broader effort to utilize space based assets to
29:40
study our own Mother Earth and also the changing climate right
29:45
here with us now. This mission, along with others
29:47
like the SWOT mission, aims to revolutionize our understanding
29:52
of Earth's own oceans and their role in the global climate
29:55
system. Now NASA's commitment to
29:57
addressing the climate crisis is evident in its deployment of
30:00
missions like PACE. Efforts are vital for providing
30:04
the global community with a lot of data needed to make informed
30:08
decisions about protecting our planet and all the inhabitants,
30:11
not only humans but also the animals on our planet.
30:14
Now the record-breaking temperatures of the past decade
30:17
highlight the urgent need for missions like PACE.
30:19
By providing a better understanding of carbon exchange
30:22
between the ocean and the atmosphere, NASA aims to enhance
30:25
our ability to respond to climate change.
30:27
Aerosols, while small, play significant role in Earth's
30:31
climate by influencing weather, air quality and also the
30:34
temperature. The PACE missions detailed study
30:37
of aerosols will improve our understanding of their impact
30:40
and help identify areas with poor air quality.
30:43
Now the oceans of our planet, they cover about 70% of Earth's
30:47
surface. They remain one of the least
30:49
understood parts of our planet. PACE aims to change this by
30:53
offering unprecedented insights into ocean biography and the
30:57
intricate web of life that they support now.
31:00
Phytoplankton, despite their microscopic size, are crucial
31:04
for marine ecosystems too, and also the global carbon cycle.
31:09
Pace's advanced instruments will allow scientists to study these
31:12
organisms in unparalleled detail, enhancing our
31:16
understanding of their role in Earth's biosphere.
31:19
And the mission's innovative tech will enable researchers to
31:22
differentiate among thousands of phytoplankton species, providing
31:26
new insights into marine biodiversity and its
31:29
implications for the food web, and also carbon sequestration.
31:33
Now, the changing conditions of the world's oceans, including
31:36
rising temperatures and alter nutrient distribution, pose
31:40
challenges for marine life. Pace's observations will
31:43
contribute to our understanding of how these changes are
31:46
affecting phytoplankton, communities, and by extension,
31:50
the entire marine ecosystem. And the successful launch of
31:54
PACE is a huge leap forward in our ability to monitor and
31:58
understand Earth's climate system.
32:00
By providing a more detailed picture of the interactions
32:02
between the atmosphere, oceans and also the land, this mission
32:07
will play a crucial role in addressing the challenges posed
32:10
by climate change. Tex has two options for the
32:13
upcoming catch of the Starship booster at Starbase, Texas.
32:18
Now one of them is the current launch tower that they're using
32:22
for IFT 1, IFT 2 and IFT 3. Now after this IFT 4, IFT 5,
32:29
probably IFT 6, they're going to continue to build Tower Two at
32:33
the launch site in the foreseeable future.
32:37
So what does that mean? That means that one the launch
32:40
area that they're using currently will be the launch and
32:44
the catch tower, or #2. They're building the second
32:49
tower as primarily a catch tower, as sort of a Pathfinder
32:54
as a test, a beta and alpha if you will.
32:57
So they can learn how to catch before they destroy any sort of
33:02
systems if they do it on the current tower.
33:05
So they have a lot to lose if they do it on the current tower.
33:08
If something goes wrong, shrapnel goes everywhere.
33:13
The systems, the ground systems could get damaged and it could
33:16
take them months to fix them, which would push them way behind
33:19
schedule for the IFT 4, IFT 5 launch and then push them back
33:24
even further for the Artemis 3, even though that's been pushed
33:26
back already. So what I believe is going to
33:29
happen is they're going to continue building Tower Two at,
33:33
I was going to say Boca Chica. It's not really Boca Chica
33:35
anymore. They switched it to just
33:36
Starbase. Now to Starbase.
33:38
They're going to keep building Tower Two at Starbase.
33:41
We're going to see something very similar to what they have
33:44
now. But I think what's going to
33:46
happen is that tower two is going to be a catch tower and
33:51
they're going to integrate some systems there so they can catch
33:54
the booster, but then also lower it and then maybe use a crane to
33:58
put it on a transport. And then, you know, move it to
34:02
where they have to refurbish it, fix it up, clean it up and get
34:05
it ready for the next flight. Now there is option two, though.
34:08
So everything that they've learned from the first tower,
34:11
they're putting into the tower at Kennedy Space Center as well,
34:15
because they're building one over at Kennedy Space Center at
34:17
NASA. And whatever they learned from
34:19
the first tower, they're making it better.
34:21
They're making improvements to the Kennedy Space Center tower.
34:24
And anything they learned at Kennedy Space Center, they're
34:26
probably going to build a better tower at the STAR Base facility,
34:31
the launch facility. So if that were the case and
34:34
they divert all the plumbing from what they have now, Tower
34:38
One to Tower Two, and then they use Tower One to catch the
34:42
booster from now on, that's not out of the realm of possibility,
34:46
but it's going to be a long time before they get Tower Two built.
34:49
It might actually be about a year or so.
34:51
It's taking them a while to get Kennedy Space Center Tower even
34:55
sort of functional. So it could be about a year for
34:58
Tower Two at Starbase. So expect maybe 2025 for the
35:05
first catch attempt at Starbase, maybe first quarter, second
35:11
quarter, may early second quarter 2025.
35:13
But it's going to take them a lot of work to get that done and
35:16
their primary goal right now isn't to get a new tower up like
35:20
they're not going to get a ton of people down there at Starbase
35:23
to build the second tower. What they're doing is they're
35:26
working on I FT3, IFT 4, IFT 5. They have to hit these
35:29
benchmarks in order to get to the Artemis program.
35:32
Artemis 3, they don't even have to land the booster for Artemis
35:35
3. You know, that's not part of the
35:36
contract. All they have to do is get a
35:40
ship up into orbit and then refuel the ship and then get
35:43
that ship to the moon. So if they can do that and they
35:46
can expend some boosters along the way, they might just wait
35:51
for a while to try to catch boosters.
35:54
Because I guess that's option three at this point.
35:57
Because if they if they don't catch any boosters, that's OK
36:00
too. They're not wasting a lot of
36:02
money. They know that in the future
36:04
they're going to make all this money back that they use on
36:06
expendable boosters, sort of like what they did with Falcon
36:09
One and Falcon Nine in the beginning.
36:11
They didn't land a Falcon 9 for a while, so it took them, took
36:15
the many flights for Falcon 9 before they actually landed 1
36:18
precisely. And even then they had mishaps
36:22
here and there where the booster would land, the Falcon 9 booster
36:25
would land and then tip over or would land and bounce.
36:28
And you know, we've all seen the videos like how not to land a a
36:31
rocket booster or whatever it was, and they explode.
36:36
So that could also happen at Starbase.
36:38
And that's not good because the Super heavy is built with
36:43
stainless steel. Stainless steel explodes.
36:46
It becomes shrapnel, Shrapnel like throwing knives everywhere.
36:51
I mean, they'll be ridiculous. The ground systems would get
36:55
exploded everywhere. So I think they're going to play
36:58
it safe. They're going to land a bunch of
37:00
these in the Gulf of Mexico. Get very precise with this.
37:04
Very, very precise. Make sure it works absolutely
37:07
perfect every time. Make sure they can guide it
37:09
perfectly. I think what they're going to do
37:12
is they're going to do three or four precision landings in the
37:16
Gulf of Mexico, and then after that maybe think about landing
37:20
them on a tower. They have to make sure this
37:22
works perfectly though. They might even do a hover test.
37:25
I'm not sure. I'm not sure.
37:26
It seems ridiculous if they would do a hover test.
37:29
I don't think they would though. I don't think they would do a
37:31
hover test. I think they're going to do full
37:33
testing and then they're going to bring it back.
37:35
They're going to do a kickback, they're going to do the flip and
37:37
then they're going to bring it back.
37:39
So I think that's what's going to happen 2025, early 2025,
37:43
maybe quarter 2/20/25. We're going to see the steps put
37:46
in place where maybe we're going to see a catch of a booster.
37:50
And another option could be that SpaceX builds a whole new
37:55
infrastructure for test catch tower, whatever it is, #2 could
38:02
they do all the infrastructure and they root it through one or
38:05
two, or do they do it to both? I think they might do it for
38:09
both. I think it looks like the
38:11
systems are in place for both. But could they do a substantial
38:14
amount for the tower two and just use what they have now for
38:18
tower one that's up in the air 2?
38:21
Because they always change down there and everything always
38:23
changes at Starbase. So like, we don't really know
38:26
what's going on down there until SpaceX does something.
38:29
It's all kind of speculation until SpaceX starts moving the
38:32
pieces and the parts around. And then we see what's actually
38:35
happening at Starbase. Jack Sweeney, a University of
38:40
Central Florida student who's made headlines by tracking the
38:43
private jet movements of celebrities Elon Musk and also
38:47
Taylor Swift. And he uses publicly available
38:50
flight data. Now with this practice has led
38:52
to a legal confrontation with Swift's attorneys sending
38:55
Sweeney A cease and desist letter alleging that his social
38:59
media posts about her jet movements caused her direct and
39:02
irreparable harm, as well as emotional and physical distress.
39:06
And Sweeney's tracking activities spotlight the
39:08
public's access to flight information through sources like
39:11
the Federal Aviation Administration and aircraft
39:14
broadcast signals. The social media accounts don't
39:17
just log takeoffs and landings, though.
39:19
They also estimate the carbon footprint of these flights,
39:22
echoing the broader environmental campaign against
39:25
excessive private jet use known as flight Shame.
39:29
Now, this controversy gained momentum when a 2022 report
39:32
branded Taylor Swift as a top carbon emitter due to her jets
39:37
frequent flights, and Swift's team has encountered these
39:39
claims by stating that her jet is often loaned out to other
39:42
people, implying that not all flights should be attributed
39:45
directly to her. This defense, however, seems at
39:48
odds with the recent legal threat against Sweeney,
39:51
highlighting a potential inconsistency in Swift's camps
39:54
responses to privacy and environmental concerns.
39:59
Sweeney's predicament is not unique to him, though.
40:02
It reflects a larger debate over privacy, public information in
40:06
the rights of individuals versus high profile public figures like
40:10
Taylor Swift. His transition from Twitter to
40:12
other platforms like Threads and Instagram after being banned by
40:16
Elon Musk for alleged security risks shows that there's a
40:19
complex terrain of digital information sharing and power
40:22
dynamics at play at Swiss legal team argues that there's no
40:26
legitimate public need for this flight information.
40:29
Framing Sweeney's actions as invasive and harmful, the stance
40:33
raises questions about the balance between public interest
40:35
in celebrity activities and the celebrity's own right to
40:38
privacy, especially when the information in question is
40:41
already publicly accessible. Now, the response from Sweeney
40:45
and his legal representative, James Slater, challenges the
40:47
claims made by Swift's attorneys.
40:49
They argue that the tracking is a form of protected speech
40:52
utilizing public data without infringing on Swift's legal
40:55
rights, and suggests that the legal threats or an attempt to
40:58
suppress unfavorable publicity rather than a genuine concern
41:02
for privacy and safety. And this incident coincides with
41:05
increased scrutiny over Swift's environmental impact,
41:08
particularly in light of her eras tour in the substantial
41:11
carbon footprint associated with her travel.
41:14
Now the social media clamp down on Sweeney's accounts,
41:16
especially those tracking swift contrast with the continued
41:19
operation of his other celebrity jet tracking accounts, hinting
41:23
at a targeted effort to silence criticism of Swift's carbon
41:27
emissions. Now the legal confrontation with
41:29
Sweeney is part of a broader narrative about celebrity
41:31
privacy. Public data in the Environmental
41:34
Accountability Swiss legal team's actions, including the
41:37
cease and desist letter and its allegations of stalking and
41:40
harassment, spotlight the tension between celebrity status
41:43
and public scrutiny. And the environmental aspect of
41:46
the story is pivotal. With Sweeney's accounts leaking
41:48
celebrity jets used to larger discussions about climate change
41:52
and individual responsibility. Now this ties back to the
41:55
growing social movements against excessive private jet travel and
41:59
its disproportionate impact on the environment.
42:02
And the debate over Sweeney's jet tracking activities
42:04
intersects with ongoing discussions about digital
42:07
privacy, public information rights, and the ethical
42:10
implications of tracking public figures movements.
42:13
The case underscores the evolving natures of privacy in
42:16
the digital age, where publicly available data can be repurposed
42:20
in ways that challenge traditional notions of personal
42:22
space and security. And the legal threats against
42:26
Sweeney also touch upon the use of cease and desist letters as a
42:29
tool for managing public relations crises.
42:33
This approach, often seen in disputes involving high profile
42:36
figures like Taylor Swift, raises questions about the power
42:39
dynamics between celebrities and individuals like Jack Sweeney,
42:44
and also the role of legal intimidation in controlling
42:47
narrative and public perception. Swift's environmental record,
42:51
particularly the use of her private jet, has become a
42:54
flashpoint in the broader discussion about the
42:56
environmental responsibility of public figures.
42:59
The public and media's focus on Swift's travel habits reflects
43:02
growing concerns about the environmental impact of private
43:05
jet travel and the role of celebrities in addressing
43:07
climate change. The situation brings the light
43:10
challenges faced by individuals like Jack Sweeney who navigate
43:13
these murky waters of public information sharing in the face
43:16
of legal and social pressures. It highlights the precarious
43:20
position of those who seek to promote transparency and
43:24
accountability, particularly when their efforts cast a
43:26
spotlight on the action of power figures like Taylor Swift.
43:31
So this saga between Sweeney versus Swift's legal team is
43:35
emblematic of larger debates surrounding privacy, public
43:37
interest, and the ethics of information sharing in the
43:40
digital age, and encapsulates the tensions between individual
43:44
rights and public scrutiny, especially in the context of
43:47
celebrity culture in environmental activism.
43:50
And as this story develops, it'll undoubtedly continue to
43:53
spark discussions about the boundaries of public
43:55
information, the right to privacy in the role of social
43:58
media, and shaping public discourse.
44:00
It's a case study in the complexities of digital age
44:02
privacy, public interest journalism, and the intersection
44:06
of celebrity culture with environmental concerns.
44:09
But there's legal implications here.
44:12
They extend beyond the immediate parties involved, touching on
44:16
broader societal issues such as freedom of speech.
44:19
The public's right to information in the environmental
44:21
impact of the lives of the rich and famous raises important
44:25
questions about where the line should be drawn in the pursuit
44:27
of transparency and accountability.
44:29
But ultimately, it shows that the evolving landscape of
44:33
privacy, public information and environmental awareness in the
44:36
social. Media age.
44:38
Well, it's an ongoing tension between the desire for
44:41
transparency and the need for privacy, set against the
44:43
backdrop of growing environmental awareness and
44:46
activism. Now this confrontation between
44:48
Taylor Swift's legal team and Jack Sweeney over his jet
44:51
tracking social media accounts brings to the fore critical
44:54
issues surrounding privacy and public information, and the
44:56
power dynamics of celebrity culture and celebrities like
44:59
Elon Musk and Taylor Swift. It's a microcosm of the broader
45:03
challenges and debates facing society and digital age, where
45:06
the boundaries of privacy, public interest, and
45:08
environmental ethics are continually being renegotiated.
45:12
Taiwan Semiconductor Manufacturing Company, or TSMC,
45:15
has announced its plan to establish a second manufacturing
45:19
facility in Japan, a move that shows a significant investment
45:22
in the country's semiconductor industry, with major backing
45:25
from Sony and also from Toyota. That's part of a larger strategy
45:31
to strengthen Japan's semiconductor manufacturing
45:33
capabilities in response to global demands and geopolitical
45:36
pressures. TSMC, the world's leading
45:38
contract chip maker is extending its global footprint with this
45:41
new plant though which combined with an earlier announced
45:44
facility will push its total investment in Japan beyond $20
45:49
billion. Now this new plant which is to
45:52
be operated by Japan Advanced Semiconductor Manufacturing Inc
45:55
or JASM ATSMC majority owned venture is set to commence
46:00
construction within this year as plan aims for the facility to be
46:04
operational by the end of 2027. And it's clear indication of TSM
46:09
CS commitment to Japan itself leveraging the country's skilled
46:12
workforce and supportive government policies to enhance
46:16
its semiconductor production capacity.
46:18
Now TSM CS investment in Japan is significant exceeding $20
46:22
billion when considering both the new facility and the initial
46:26
plant that is scheduled to start operations this year.
46:30
This investment not only shows that the importance of Japan and
46:33
TSM CS global strategy, it also highlights the collaborative
46:36
nature of this venture with contributions from other
46:39
partners including giants like Sony and also Toyota, which adds
46:44
depth to the project's foundation.
46:46
Now the decision to expand in Japan aligns with the Japanese
46:49
government's initiative to revitalize its semiconductor
46:52
industry, which has been declined from its peak in the
46:55
1980s. Now, semiconductors are crucial
46:58
for a wide array of applications, from consumer
47:00
electronics to advanced computing.
47:03
Automotive technology isn't also the military.
47:06
Japan aims to reassert its position in this critical sector
47:09
with TSM CS new facilities focusing on producing chips for
47:13
automotive, industrial and high performance computing
47:16
applications rather than the most advanced chips.
47:19
Now TSM CS global presence not limited to Japan, though, the
47:24
company is also making significant investments in the
47:26
United States with a $40 billion project to build 2 manufacturing
47:31
plants in Arizona. This move is part of a broader
47:34
effort to localize semiconductor production in the US and reduce
47:38
dependency on foreign chip supply chains.
47:41
TSM CS expansion reflects A strategic positioning to meet
47:44
the growing demand for semiconductors across various
47:47
sectors, including the rapidly expanding field of artificial
47:50
intelligence. And the establishment of TSM.
47:53
CS second plant in Japan is a strategic move that leverages
47:57
the country's manufacturing strengths and supportive
48:00
government policies. The venture is expected to
48:03
enhance Japan semiconductor production capabilities and
48:06
contribute to the global supply chain stability.
48:09
The construction of the second fab in Kumamoto shows that TSMC
48:14
is confident in Japan, propelled by the successful progress of
48:18
the first plant in the promising partnership dynamics with
48:21
Japanese corporations and the government.
48:24
Now TSMC is major stake in the Japan venture complemented by
48:28
investments from Sony, Denso and also Toyota shows there's a
48:32
collaborative approach to this. There's a lot of investors and
48:36
the semiconductor manufacturing plan is a huge one.
48:41
This partnership structure designed to leverage unique
48:43
strengths of each participant ensuring a robust foundation for
48:47
the venture's success. The plan capabilities expansion
48:51
with both facilities expected to produce over 100,012 inch wafers
48:55
monthly, shows that TSM CS response to increased demand in
48:59
key sectors such as automotive and high performance computing
49:03
is absolutely real. They're working on this right
49:06
now and there's tons of money being invested in this now.
49:10
Japan's semiconductor industry, once a global leader back in the
49:14
80s, has faced challenges over the past few decades, losing
49:17
ground to competitors, particularly Taiwanese
49:19
manufacturers. And TSM sees investment as a
49:23
significant opportunity for Japan to rejuvenate its
49:26
semiconductor sector, leveraging the expertise of technological
49:31
prowess of the world's largest contract chip manufacturer.
49:34
This is also a part of a broader effort to secure a stable chip
49:38
supply, especially amid heightened trade tensions
49:41
between major global powers like China and the United States.
49:46
Now TSM CS global expansion strategy, which includes
49:50
significant investments in the United States and also Europe,
49:54
shows that they're responsive to diverse customer demands and
49:58
also geopolitical considerations.
50:00
They want to spread themselves out and the establishment of
50:03
manufacturing facilities outside Taiwan, such as the major
50:06
projects in Arizona and the upcoming factory in Germany is
50:10
indicative of TSM CS commitment to serving global markets more
50:13
effectively and strengthening the resilience of the
50:16
semiconductor supply chain. The announcement of TSM, CS
50:19
Second Vavage Japan has been met with a lot of optimism too, as
50:23
evidenced by the positive performance of its stock, which
50:25
has outperformed broader market indices.
50:28
So this is showing that there's investor confidence in TSMC
50:32
strategic investments and its ability to capitalize on the
50:35
growing demand for semiconductors driven by
50:37
advancements in technologies like artificial intelligence and
50:41
AI. Now the company's decision to
50:43
expand in Japan is a strategic move that aligns with global
50:46
trends and the need for diversification of manufacturing
50:50
hubs. Now this plant in Japan is a
50:53
response to demand from customers as well for more
50:57
semiconductor production capabilities and capacity.
51:00
It's part of TSMC strategic plan to enhance its manufacturing
51:04
capabilities globally worldwide and ensure it can meet the
51:07
growing needs of industries reliant semiconductor technology
51:12
like EVs and also AI. Now the decision to establish
51:17
the second fab in Japan strengthens TSMC and they're
51:22
supporting the technological advancements and supply chain
51:25
requirements of their global clientele.
51:28
The construction of the second TSMC plant in Japan set to begin
51:31
by the end of 2024 too with operational capabilities
51:35
targeted by the end of 2027. This timeline reflects TSM CS
51:39
urgency in responding to market demands and its commitment to
51:43
supporting Japan superconductor industry resurgence.
51:47
And the collaboration with JASIM and the backing of major
51:50
Japanese companies like Toyota and also Sony shows that there's
51:55
a strategic importance of this venture to all parties involved.
51:59
And it is also going to bring on 3400 skilled jobs through TSM CS
52:04
expansion. And this employment boost is
52:07
particularly timely as TSMC faces project delays in other
52:10
regions such as Arizona. Now this Arizona project,
52:13
initially set for an earlier start, has experienced delays
52:16
pushing the operational timeline to 2027 or 2028.
52:21
And despite these setbacks, TSM, CS investments in the US and
52:24
other regions, including the new facilities in Japan and the
52:27
planned factory in Germany, demonstrate the company's
52:29
strategic approach to expanding its manufacturing footprint all
52:33
over the world. Hey, thank you so much for
52:36
listening today. I really do appreciate your
52:38
support. If you could take a second and
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And each episode is about 10 minutes or less to get you
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53:03
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53:05
tomorrow.