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Speaker 1: Welcome to Elon Inc. Bloomberg's weekly podcast about Elon Musk.

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Speaker 1: I'm your host David Popatoppolos, and we are live at

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Speaker 1: south By Southwest. For the uninitiated, Elon Inc. Is the

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Speaker 1: show where we discuss Elon Musk's corporate empire and how

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Speaker 1: to make sense of his NonStop gambits and antics. Well,

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Speaker 1: Elon Musk gives now the richest person on the planet.

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Speaker 2: More than half the satellites in space are owned and

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Speaker 2: controlled by one man.

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Speaker 3: Well, he's a legitimate super genius.

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Speaker 4: I mean legitimate.

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Speaker 5: He says.

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Speaker 1: He's always voted for Democrats, but this year it will

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Speaker 1: be different.

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Speaker 6: He'll vote Republican.

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Speaker 3: There is a reason the US government is so reliant

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Speaker 3: on him.

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Speaker 4: Elon Musk is a scam artist and he's done nothing.

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Speaker 7: Anything he does is fascinating to people.

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Speaker 1: Being here in Austin today, will dig into all things

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Speaker 1: Elon in Texas. I'll let the man himself have the

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Speaker 1: first word. This is Elon speaking back in twenty twenty two.

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Speaker 3: We built the factory here in less time than it

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Speaker 3: would have taken to get deep permits in California. I

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Speaker 3: loved living in California, but the problem is you cannot

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Speaker 3: get things done. Ask anyone and anyone who's done a

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Speaker 3: large project in California, how long would it take you

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Speaker 3: to get the approval to proceed?

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Speaker 5: Two years? And you're doing well.

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Speaker 3: And like I said, we've got this book in eighteen months.

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Speaker 1: Since moving to Texas a few years ago, Elon has

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Speaker 1: bought up swats of land, built new factories and facilities

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Speaker 1: for his companies, even weighed in on a local election.

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Speaker 1: And we'll get into all of that. But Texas has

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Speaker 1: had an impact on Elon two and that is evident.

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Speaker 1: Here we have him wearing a cowboy hat, maybe backwards.

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Speaker 1: More on that hat later, but let me introduce our panel. Now.

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Speaker 1: I'll start with one of our true regulars, Max Chafkin,

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Speaker 1: senior reporter and editor at BusinessWeek, and a man who

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Speaker 1: is to this show what norm is to cheers, Hey, David.

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Speaker 1: And then we have two special guests. We brought in

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Speaker 1: Rachel Monroe, Texas in Southwest correspondent for The New Yorker,

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Speaker 1: Hello Rachel, Hello, And Sewell Chan, editor in chief at

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Speaker 1: the Texas Tribute. Hi, David. Hello, all right, So a

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Speaker 1: nice breaker to get things started. I want all of you,

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Speaker 1: and I want you to think hard about this. I

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Speaker 1: needed to rate Elon's Texan hood on a scale of

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Speaker 1: one to ten, with one being a total utter impostor

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Speaker 1: and ten being a modern day Sam Houston. Now, sewell,

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Speaker 1: you are a student of the history of Texas. We

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Speaker 1: will start with you, and I'm writing down these answers.

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Speaker 2: By the way, Well, it's a loaded question, but I'd

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Speaker 2: have to say ten. And here's why ten. You know,

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Speaker 2: Texas is a state where people have often come to

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Speaker 2: reimagine themselves, and Texas is often a canvas upon which

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Speaker 2: people project their desires, their dreams, or their nightmares about

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Speaker 2: what America is and should be. So, in one sense,

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Speaker 2: the richest person in the world moving here, buying a

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Speaker 2: giant's loss of land, buying up at State Park, building

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Speaker 2: a giant factory in Austin, and proclaiming himself a Texan

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Speaker 2: is the most Texan thing he could do.

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Speaker 1: All right, very good tool. We're gonna jump more into

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Speaker 1: that in one second. But we're gonna get Rachel's number. Now, Rachel, I'll.

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Speaker 7: Give him an eight.

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Speaker 8: Honestly, Texas loves a businessman, Texas loves a huckster, Texas

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Speaker 8: loves a billionaire with like unhinged political opinions. I'll ding

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Speaker 8: him a couple points because of the hat.

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Speaker 1: But okay, so we have a ten, I mean eight,

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Speaker 1: Max five, A five.

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Speaker 4: Do I explain?

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Speaker 1: No, No, they're cheating. I mean no, you will. You

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Speaker 1: will explain during the course of the show. But we

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Speaker 1: will then turn to you Max, okay, and I will

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Speaker 1: ask you how did Elon, a native South African become

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Speaker 1: a Californian first, and a very proud one at that,

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Speaker 1: and then a couple decades later a Texan.

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Speaker 9: Yeah, I mean that clip is funny for me to

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Speaker 9: watch as somebody who's covered him for a long time,

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Speaker 9: because of course, like ten fifteen years ago, as he

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Speaker 9: said he was a proud Californian. It was like central

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Speaker 9: to his identity. It was in a lot of ways

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Speaker 9: his identity. He would I remember, like the one of

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Speaker 9: the first things he ever said to me, like in

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Speaker 9: like two thousand and six or seven, when he was

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Speaker 9: sort of talking up Tesla, was I'm a Silicon Valley guy.

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Speaker 9: I think people in Silicon Valley can do anything. And

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Speaker 9: the central premise was like Silicon Valley's good at software

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Speaker 9: but doesn't build hardware. I'm gonna be the one to

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Speaker 9: fix that, and of course he had this kind of

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Speaker 9: change of heart around twenty twenty during COVID, like many

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Speaker 9: tech guys I think, who simultaneously had huge capital gains

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Speaker 9: windfall and were I think looking for ways to lower

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Speaker 9: their tech liability and also was very frustrated with lockdowns,

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Speaker 9: and then began this kind of evolution that saw him

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Speaker 9: move to Texas, and I think, you know, changed kind

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Speaker 9: of his whole persona.

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Speaker 1: All right, and Suell explain for us a little bit.

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Speaker 1: He the allure of Texas, a place that's long attracted

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Speaker 1: libertarians and sorts like that.

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Speaker 2: Well, first of all, it's important to remember that Texas

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Speaker 2: has always been conservative, but Texas has not always been Republican,

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Speaker 2: and indeed, across the twentieth century, California was largely Republican

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Speaker 2: and Texas was largely Democratic. There were different parties back then,

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Speaker 2: of course, but Texas, especially in the twentieth century an

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Speaker 2: important thing. The majority of the population lives east of

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Speaker 2: I thirty five, the easternmost third of the state, and

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Speaker 2: the Texas Triangle Houston, Dallas, Austin.

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Speaker 4: Has the vast majority of the population.

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Speaker 2: So Texas is actually a pretty urbanized state, but the

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Speaker 2: rural image and that frontier image, the cowboy, the rugged

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Speaker 2: individualist that became kind of Texas's defining identity in the

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Speaker 2: twentieth century.

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Speaker 1: Along those lines, Rachel, is this move to Texas for

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Speaker 1: Elon is this largely? Is this a branding thing or

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Speaker 1: is there more to it than that?

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Speaker 7: Well, you could.

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Speaker 8: You might also want to state the lack of a

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Speaker 8: state income tax. It's a pretty huge and Texas likes

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Speaker 8: to think of itself as a very business friendly state.

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Speaker 8: And I mean, I think you've seen that in his

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Speaker 8: experience here and the clip that you all played in

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Speaker 8: terms of the regulation. I mean, what's been able to

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Speaker 8: happen with SpaceX here has happened really quickly, sort of

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Speaker 8: alarmingly quickly. But I think that and then I think

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Speaker 8: there's something fun about there's a certain kind of performative

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Speaker 8: masculinity and the cowboy image. I mean, Elon's not the

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Speaker 8: only guy that we're seeing that put on the hat

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Speaker 8: and the boots.

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Speaker 9: It's also, you know, he's good at a few different things.

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Speaker 9: You know, he's a really good, you know, manager of engineers,

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Speaker 9: he's a good marketer. He's also very good at getting

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Speaker 9: municipalities local governments and even national governments to write him

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Speaker 9: gigantic checks or to you know, cut him enormous tax breaks.

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Speaker 1: And by the way, it's similar to the way he

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Speaker 1: does it with investors, right, I mean, investors have been

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Speaker 1: handing him lots of money for years.

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Speaker 9: And it's really good if you're if you want to,

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Speaker 9: you know, extract a tax break out of a governor

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Speaker 9: or a mayor or whatever, to be a little flexible

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Speaker 9: about your identity, to be willing essentially to embrace a

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Speaker 9: new identity. You know, when he was a proud Californian,

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Speaker 9: of course, part of what he was doing was reviving

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Speaker 9: the new ME factory. This is the main Tesla factory

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Speaker 9: in Fremont, California that he got for very little money

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Speaker 9: that essentially took over this GM Toyota joint venture. And

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Speaker 9: you know, coming to Texas, he's been able to extract

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Speaker 9: some I believe some pretty significant tax breaks. And he's

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Speaker 9: done this all over the world, right in China, in Germany.

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Speaker 9: It's like a big part of what he does is

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Speaker 9: like find a way to sort of fit himself into

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Speaker 9: policymakers agenda and get paid for it.

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Speaker 1: We're going to get into that in a minute. Let

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Speaker 1: me ask you this though, because I do know, I believe,

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Speaker 1: and you were very excited. You saw your first cyber

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Speaker 1: truck ever yesterday I did, and.

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Speaker 9: It looked it sort of fit in you know, right,

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Speaker 9: they're so big, but you know, maybe the scale you

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Speaker 9: know here is a little a little more forgiving.

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Speaker 1: Rachel. You've talked a little bit with me before about

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Speaker 1: Elon's star power, in the star power that he brings

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Speaker 1: to Texas. What does that look like and does that

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Speaker 1: star power? Does it matter in any meaningful way.

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Speaker 8: I talked to a person that I know the other

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Speaker 8: day who is the only person I know who's friends

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Speaker 8: with Elon, and I was just sort of asking him.

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Speaker 8: I was like, what's the deal, Like does this work

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Speaker 8: out there in the scene? And he was like, oh yes.

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Speaker 8: You would think that once you were billinaire you would

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Speaker 8: get over this. But people are still like, oh yeah,

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Speaker 8: no I went with e to this. There's still a

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Speaker 8: lot of swooning. There's still a lot of deference. There's

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Speaker 8: still a lot of like laughing, laughing at his jokes

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Speaker 8: even when they aren't funny.

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Speaker 7: So I guess it, you know.

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Speaker 8: But this is like within a cohort that I think

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Speaker 8: is like his cohort that has come to Texas with him.

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Speaker 8: Whether that travels kind of outside that bubble, I think

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Speaker 8: is it's less clear.

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Speaker 2: So that includes like members of the PayPal mafia, the

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Speaker 2: people who've settled in West Austin.

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Speaker 8: Yeah, exactly, the sort of new Austin, tex scene.

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Speaker 9: I was just wondering, like, who is the because when

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Speaker 9: he lived in California, you know, he's sort of hanging

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Speaker 9: with the Hollywood scene.

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Speaker 4: You know, he married twice, actually.

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Speaker 9: Married an actress, kind of a Hollywood starlet. He sort

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Speaker 9: of enjoyed that part of his identity. What is the

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Speaker 9: Austin equivalent of that? Is it Joe Rogan or like.

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Speaker 8: Joe Rogan and Alex Jones. Is that the best that

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Speaker 8: we've got it? I don't think so. I don't like

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Speaker 8: to think that that's true. But I mean, from what

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Speaker 8: I hear, this is just like a lot of sort

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Speaker 8: of like private enclaves. That's sort of the scene that's

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Speaker 8: happening here. It's not a lot of like cross pollination

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Speaker 8: with the kind of broader Austin community.

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Speaker 1: What actually is Elon's ideology nowadays? If we have any sense,

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Speaker 1: is he a libertarian? Is he more right wing sort

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Speaker 1: of law and order guy. He likes to say that

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Speaker 1: he's pretty much a centrist. And ever, no one else

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Speaker 1: has moved left any sense of where he stands, and

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Speaker 1: at this current time, I.

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Speaker 2: Think, like a lot of people who've moved rightward. You know,

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Speaker 2: Elon Musk is fundamentally annoyed by what thirty years ago

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Speaker 2: was called political correctness or now wokeism. Whether you agree

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Speaker 2: with that critique or not, I think it's one that

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Speaker 2: he's really glommed onto. He's obviously become a free speech absolutist.

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Speaker 2: I would say his orientation is mostly libertarian. He tends

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Speaker 2: to talk more about speech issues than about low tax

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Speaker 2: law regulation, low government services, which is really the Texas

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Speaker 2: economic model mega.

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Speaker 9: I mean, his ideology is the ideology of Donald Trump.

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Speaker 9: I think partly because Maganism or whatever you want to

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Speaker 9: call it, has is politically salient and is popular with

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Speaker 9: a large portion of the United States.

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Speaker 4: Also.

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Speaker 9: I mean, of course, like Donald Trump and Elon Musk

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Speaker 9: have a lot in common, right, They're both kind of

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Speaker 9: like libertarian inclined businessmen who are really interested in as

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Speaker 9: souls as you know, saying what they want when they

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Speaker 9: want and there's even you know, I think psychically some

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Speaker 9: kind of connection. They're both given to these like, you know,

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Speaker 9: kind of grand pronouncements. They both have this feeling that

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Speaker 9: they can kind of speak something into existence just by

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Speaker 9: saying it very forcefully.

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Speaker 4: So I mean, I think it's that simple. I think

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Speaker 4: his ideology is the ideology of the Trump movement.

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Speaker 8: It's interesting to me that he seems to really think

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Speaker 8: of himself as a as a contrarian and as a

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Speaker 8: maverick of sometimes. But when you look at you know,

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Speaker 8: particularly the recent things that he's been saying about immigration,

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Speaker 8: which is we have some.

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Speaker 1: Tape of them at the border speaking on this very topic.

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Speaker 6: At Eagle Pass, and we're going to be being with

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Speaker 6: the sort of major the major officials and law enforcement

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Speaker 6: responsible for the order.

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Speaker 3: The reality is that if this is an open order

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Speaker 3: for all of Earth and just you know, so there's

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Speaker 3: roughly a three hundred fifty million people in the US,

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Speaker 3: but there's eight billion people on Earth.

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Speaker 5: Yes, this is an open border too, eight billion people.

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Speaker 2: So can I ask a question though, I mean, at

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Speaker 2: one point does elon the capitalists run up against elon

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Speaker 2: social media personality? I mean, someone running a global company

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Speaker 2: wants a stable, large base of consumers.

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Speaker 4: I think it's arguably happening. He feels he gets that

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Speaker 4: under Trump.

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Speaker 9: I mean, I think he's like Tesla. There are big

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Speaker 9: questions about why is there not more demand? You know,

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Speaker 9: why do is demand seemed to slow down?

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Speaker 1: You know?

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Speaker 9: One explanation is that he's turned people off. I also

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Speaker 9: think that Musk is on Twitter all day, every day,

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Speaker 9: and it feels intuitively, rightly or wrongly, that there's something

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Speaker 9: behind this and that's what he's attacking. But of course

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Speaker 9: they're you know, large and very sophisticated investors who would

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Speaker 9: disagree with that.

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Speaker 4: He think he's making a huge mistake.

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Speaker 8: I mean, it's just it's just interesting to me as

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Speaker 8: a person who's been to Ego pass many times. Yeah,

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Speaker 8: I mean, first like important to say how divorced this

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Speaker 8: is from reality? But again it's like these aren't These

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Speaker 8: aren't sort of like edgy contrarian opinions. This is like

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Speaker 8: very standard, kind of like Fox News Divorced Dad talking

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Speaker 8: points like this is you know what you could And

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Speaker 8: it's interesting to me hearing you talk about him in California.

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Speaker 8: I wonder if he's actually just much more of like

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Speaker 8: a permeable person to his environment than he thinks his

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Speaker 8: idea of himself.

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Speaker 1: Yeah, we've talked about this in the past, but there's

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Speaker 1: a certain chameleon sort of aspect to him now.

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Speaker 9: Yeah, well absolutely. I mean he during the Bush years,

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Speaker 9: the George W. Bush hears, when he was just getting started,

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Speaker 9: he kind of framed the companies in libertarian terms. During

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Speaker 9: the Obama years, he was a green capitalist. He presented

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Speaker 9: as a centrist kind of somebody very much in line

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Speaker 9: with Obama. I think he actually personally likes Obama quite

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Speaker 9: a lot. And then during Trump, you know, he shifted again.

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Speaker 9: So I think he's somebody who, yeah, who's pretty chameleonic politically,

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Speaker 9: and also, as Suwell said, you know, Silicon Valley is

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Speaker 9: not has not historically been a liberal enclave like Ulicon

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Speaker 9: Valley is, like Defense Department military.

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Speaker 4: It was like a right of center place.

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Speaker 9: So I think you could and I think there is

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Speaker 9: some quality of some of the tech guys who moved

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Speaker 9: who sort of missed the like, you know, a Silicon

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Speaker 9: Valley of the seventies and eighties, and I you know,

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Speaker 9: maybe Elon has part of that, even if they were

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Speaker 9: kind of very small during that time. But they at

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Speaker 9: least miss it on some psychological level.

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Speaker 1: Back to the border and back to his fixation on

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Speaker 1: immigration in these topics. What has his impact been school

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Speaker 1: on local politics?

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Speaker 2: Well, let me start with the state level. So you know,

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Speaker 2: immigration is the biggest issue for Texans, and it's one

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Speaker 2: reason why the state Republican Party continues to exert such

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Speaker 2: a dominant hold on the state. But a lot of

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Speaker 2: the local issues here that have been the most divisive

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Speaker 2: actually are less about the border and more about things

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Speaker 2: like privatization of the school system or very local issues

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Speaker 2: like our attorney general who is under indictment and was

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Speaker 2: impeached by the Texas House. And so there's kind of

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Speaker 2: a civil war going on within the Republican Party that

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Speaker 2: I don't think Elon is really part of. He did, however, recently,

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Speaker 2: take a position against Austin's district attorney, who is a

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Speaker 2: Democrat who was running for reelection, and he urged people

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Speaker 2: to vote for the primary challenger, who was more centrist,

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Speaker 2: and he kind of portrayed the DA as kind of

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Speaker 2: Soros backed prosecutor. But it was an intervention that came

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Speaker 2: in way too late.

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Speaker 1: Is that what went wrong here that he just simply

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Speaker 1: jumped in too late. That you can't rush in at

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Speaker 1: the eleventh hour and and try to tip an election.

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Speaker 1: Well it's that.

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Speaker 2: And simply he also doesn't have much of a huge

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Speaker 2: political voice here yet, right, I mean, as his workforce

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Speaker 2: here grows, that might change.

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Speaker 8: He I was just also remembering that a few years

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Speaker 8: earlier that Austin had a thing on the ballot, Proposition A,

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Speaker 8: which was just sort of like a boosting police, you know,

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Speaker 8: law and order kind of ballot that he tweeted in

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Speaker 8: favor of. This was right after he had moved here.

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Speaker 8: That also was like soundly defeated Travis County. Austin has

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Speaker 8: been votes pretty liberal, votes pretty progressive, and whatever sway

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Speaker 8: he has isn't nearly enough to I mean the progressive

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Speaker 8: incumbent that you're talking about school like one by you know,

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Speaker 8: an enormous march.

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Speaker 1: Yeah, so right for someone who's leaving California and woke

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Speaker 1: California for Texas. I mean, in some ways Austin is

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Speaker 1: indeed sort of an odd choice.

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Speaker 2: No.

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Speaker 1: Within Texas well, they all love.

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Speaker 8: Living here because they want the culture of a thriving

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Speaker 8: you know metropolis, like diverse place with good culture where

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Speaker 8: you know, people who make interesting things live, so you know,

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Speaker 8: that's but they also like think that, oh, you can

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Speaker 8: come here and not pay the taxes but get the

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Speaker 8: kind of cultural capital of a place like this.

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Speaker 4: That's right.

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Speaker 2: And Austin is sometimes described as like the border city

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Speaker 2: between Blue and Red America because you only have to

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Speaker 2: go like ten minutes outside the city and you can

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Speaker 2: hit drum country really fast. And a lot of the

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Speaker 2: people who've come here, like like Musk, they stay in

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Speaker 2: these gated communities that are actually pretty. They're kind of

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Speaker 2: on the west toward the lakes, and they're a little

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Speaker 2: bit kind of out side the kind of downtown vibe

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Speaker 2: that you're getting here at south By.

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Speaker 9: You can look at his the elon Jet account, which

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Speaker 9: is this account that you know, much to his dismay,

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Speaker 9: like tracks his travel and I mean you can see

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Speaker 9: he spends a lot he spends time here. I mean

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Speaker 9: he he's a guy who's sort of everywhere and nowhere

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Speaker 9: like many rich people, but he is spending quite a

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Speaker 9: lot of time I think in Bocachica, which is you know,

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Speaker 9: on the border or close to the border, near the

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Speaker 9: SpaceX factory.

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Speaker 4: And then and then here in Austin, Okay.

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Speaker 1: So if so far it looks like he's not having

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Speaker 1: a huge impact on local politics. His arrival in Texas

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Speaker 1: and is more of his takeover of Twitter, turning it

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Speaker 1: into into X. His his constant presence there, is he

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Speaker 1: his seeming embrace of Donald Trump? Now is he having

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Speaker 1: or do we expect him to have a meaningful impact

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Speaker 1: on national politics in this election year twenty twenty four.

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Speaker 9: So people may be aware that there was this meeting,

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Speaker 9: you know, in Palm Beach between Elon Musk and Donald Trump.

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Speaker 9: There's some suggest question. I guess that Musk might invent,

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Speaker 9: you know, donate money to Trump's campaign, which could really.

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Speaker 4: Use the money.

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Speaker 9: And then there, you know, then there is his sort

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Speaker 9: of power as a as a media figure, as like

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Speaker 9: essentially like a new age Fox News or a or

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Speaker 9: a Fox News on steroids, right, I mean Tucker Carlson.

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Speaker 9: His main distribution platform right now is ex Tucker still,

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Speaker 9: even though he's not on Fox, still has a big

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Speaker 9: fan base.

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Speaker 4: So I think there's some potential there.

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Speaker 9: I do think there's this problem for Musk, which is

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Speaker 9: that you know, Twitter, and people in this room will

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Speaker 9: be aware of this. Twitter is not real life and

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Speaker 9: I think those of us who spend time in digital

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Speaker 9: spaces are continually reminded of that. And and I think,

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Speaker 9: you know, this endorsement that didn't go that well is

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Speaker 9: yet another instance of that, Like you can be tricked

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Speaker 9: by social media into thinking that you are more popular

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Speaker 9: than you really are. And I think if you're going

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Speaker 9: to critique Elon Musk, that would be you know, a critique.

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Speaker 1: Got it.

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Speaker 8: I mean, I think it's true that Twitter is not

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Speaker 8: real life, thank god. But also I do think that

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Speaker 8: it's a particularly with the issues of immigration and the border.

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Speaker 8: So many people do not live anywhere near the border.

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Speaker 8: I you know, I live like seventy miles from the border.

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Speaker 8: So he's playing into this idea of creating an image

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Speaker 8: in people's mind of what happens at the border, which

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Speaker 8: becomes this hugely salient national issue that isn't actually impacting

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Speaker 8: most people in any way, or is it maybe impacting

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Speaker 8: them in like positive economic ways that they don't see,

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Speaker 8: But he can sort of feed this idea of the chaos.

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Speaker 2: Far more undocumented immigrants are people who flew into this

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Speaker 2: country and overstayed their visas than cross the border. But

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Speaker 2: you wouldn't knowing that listening to his rhetoric that said,

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Speaker 2: does he affect swing voters in Michigan and Wisconsin.

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Speaker 4: I doubt it.

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Speaker 1: We shall see. I want to stay though on along

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Speaker 1: the border for second. At this point, Musk between SpaceX,

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Speaker 1: between Tesla between boring Musk has a large Musk inc

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Speaker 1: has a large, fairly large presence here in Texas. In

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Speaker 1: Boca Chica along the border with Mexico is perhaps one

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Speaker 1: of the biggest spots, or maybe the biggest spot where

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Speaker 1: they have their spaceport. You've reported on this, you've been there,

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Speaker 1: give us a little bit of a sense, So what

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Speaker 1: life is like there in Boca chick and how it's

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Speaker 1: been affected by Elon Musk and SpaceX's arrival.

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Speaker 8: So, Boca Chica is a very tiny little community outside Brownsville,

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Speaker 8: right kind of on the beach where the Rio grand

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Speaker 8: flows into the Gulf of Mexico, so the very tip

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Speaker 8: of Texas. And when I first went down there in

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Speaker 8: twenty nineteen, it's sort of like beach bungalow style, like

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Speaker 8: retirees on fixed incomes, like there was seashell art kind

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Speaker 8: of type of Grandma scene. And Elon Musk went down

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Speaker 8: there to sort of build these facilities for SpaceX. I mean,

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Speaker 8: it's interesting because I live in West Texas. Where I live,

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Speaker 8: it's very relatively close to where Blue Origin is, So

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Speaker 8: Jeff Bezos build buys hundreds of thousands of acres of land.

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Speaker 8: Right you can't see anything that he's doing. Sometimes we

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Speaker 8: would drive out and watch the launches and they're just like.

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Speaker 1: A little but you're right on top of it.

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Speaker 8: It's like it was crazy to go down there. They

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Speaker 8: built the rockets before they built any buildings to build

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Speaker 8: the rockets in, so you were just watched, I mean

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Speaker 8: with the sea air and sometimes the road was like

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Speaker 8: washing out when the tides went a certain way. I mean,

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Speaker 8: it was crazy to me that they were doing it,

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Speaker 8: and people there were just would just kind of come

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Speaker 8: out and stare and watch, and you could watch these

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Speaker 8: rockets being built.

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Speaker 7: And so for a little.

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Speaker 8: While, it's I think it felt like a paradise for

439
00:21:28,320 --> 00:21:30,399
Speaker 8: people out there because this thing was happening. I mean,

440
00:21:30,440 --> 00:21:31,159
Speaker 8: a paradise and a.

441
00:21:31,200 --> 00:21:34,120
Speaker 1: Hell several years later, what do they make of it?

442
00:21:34,160 --> 00:21:36,679
Speaker 8: So all those houses were sort of he got kind

443
00:21:36,680 --> 00:21:39,800
Speaker 8: of a sneaky deal that was able to get possession

444
00:21:39,800 --> 00:21:42,000
Speaker 8: of those houses through eminent domain, which you know, of course,

445
00:21:42,119 --> 00:21:43,560
Speaker 8: is supposed to be for things that are like for

446
00:21:43,640 --> 00:21:45,000
Speaker 8: the public good, like power lines.

447
00:21:45,080 --> 00:21:48,560
Speaker 1: It's going to Mars, not for the public good, Rachel, I.

448
00:21:48,560 --> 00:21:50,760
Speaker 8: Guess it is what is going to save humanity, So

449
00:21:50,960 --> 00:21:52,280
Speaker 8: I can think of no higher cause.

450
00:21:52,920 --> 00:21:54,680
Speaker 1: And it's them domained out.

451
00:21:54,800 --> 00:21:57,240
Speaker 8: They were eminent domained out, you know there the beaches

452
00:21:57,280 --> 00:22:00,000
Speaker 8: closed down. The houses is one thing, but it's it's

453
00:22:00,000 --> 00:22:01,520
Speaker 8: we're going to talk about the beach there. This is

454
00:22:02,040 --> 00:22:04,800
Speaker 8: a poor area of Texas. This is like one of

455
00:22:04,800 --> 00:22:07,320
Speaker 8: the poorest metro areas in the United States. This beach

456
00:22:07,400 --> 00:22:10,280
Speaker 8: was it's one of the last undeveloped beaches in Texas.

457
00:22:10,520 --> 00:22:12,440
Speaker 8: People described it to me with a lot of pride

458
00:22:12,480 --> 00:22:15,040
Speaker 8: and affection as the poor people's beach. You know, you

459
00:22:15,040 --> 00:22:16,439
Speaker 8: don't have to pay for parking. You go out there

460
00:22:16,440 --> 00:22:19,280
Speaker 8: with your grandma and you fish. They've got. Texas has

461
00:22:19,320 --> 00:22:22,240
Speaker 8: an open beaches law, like we are sort of proud

462
00:22:22,400 --> 00:22:24,440
Speaker 8: of our beaches and our access to our beaches. It's

463
00:22:24,480 --> 00:22:28,360
Speaker 8: not like California in that way. However, SpaceX has this

464
00:22:28,520 --> 00:22:32,280
Speaker 8: like special grandfathered in situation that they've worked out with

465
00:22:32,320 --> 00:22:34,320
Speaker 8: the county there so they can close the beach, and

466
00:22:34,359 --> 00:22:35,960
Speaker 8: so now this is it's just sort of become a

467
00:22:36,000 --> 00:22:36,880
Speaker 8: private enclave.

468
00:22:37,000 --> 00:22:38,640
Speaker 7: It's also right narrow this you know.

469
00:22:38,760 --> 00:22:42,159
Speaker 8: Protected wildlife land, and it's it was just this area

470
00:22:42,200 --> 00:22:45,520
Speaker 8: that they kind of moved into, had a little spot,

471
00:22:45,600 --> 00:22:46,920
Speaker 8: and then have just grown to.

472
00:22:46,880 --> 00:22:47,400
Speaker 7: Take it over.

473
00:22:47,440 --> 00:22:48,960
Speaker 1: And along those lines, so well, you guys at the

474
00:22:48,960 --> 00:22:53,280
Speaker 1: Texas Tribune have reported some on a proposed land swap

475
00:22:53,600 --> 00:22:56,639
Speaker 1: between SpaceX and the state that would allow SpaceX to

476
00:22:57,400 --> 00:23:02,080
Speaker 1: both hand over some land for protection elsewhere and take

477
00:23:02,119 --> 00:23:05,480
Speaker 1: on right more land there right Inchica.

478
00:23:05,560 --> 00:23:09,320
Speaker 2: So basically under this land swap, SpaceX would acquire basically

479
00:23:09,400 --> 00:23:12,439
Speaker 2: what's currently a state park and that pretty much shows you.

480
00:23:12,480 --> 00:23:15,280
Speaker 2: And it's actually abuts a National Wildlife Refuge, so it's

481
00:23:15,280 --> 00:23:18,520
Speaker 2: an ecologically sensitive area, a lot of biodiversity, and the

482
00:23:18,560 --> 00:23:21,520
Speaker 2: fact that this deal is kind of moving forward actually

483
00:23:21,560 --> 00:23:24,680
Speaker 2: says something I think powerful about how eager Texas governments

484
00:23:24,720 --> 00:23:26,680
Speaker 2: are to kind of accommodate his wishes.

485
00:23:26,720 --> 00:23:30,359
Speaker 1: And you guys have encountered a similar sort of sense

486
00:23:30,440 --> 00:23:35,280
Speaker 1: of hey, we're being essentially we the local community, oh,

487
00:23:35,359 --> 00:23:38,359
Speaker 1: in part in a Hispanic community, we're being bigfooted.

488
00:23:37,840 --> 00:23:40,360
Speaker 2: Out absolutely, and you're also seeing that in one other

489
00:23:40,480 --> 00:23:43,400
Speaker 2: big area in Texas, which is Bastrop County right near Austin,

490
00:23:43,800 --> 00:23:46,119
Speaker 2: where Musk is. The Wall Street Journal reported is kind

491
00:23:46,160 --> 00:23:49,680
Speaker 2: of acquiring these huge, huge swaps of land. And now,

492
00:23:49,720 --> 00:23:52,119
Speaker 2: of course he's talking about building a private university, and

493
00:23:52,240 --> 00:23:55,080
Speaker 2: even a few weeks ago it was reported potentially a

494
00:23:55,119 --> 00:23:57,800
Speaker 2: new private Montossouri style school system.

495
00:23:58,200 --> 00:24:00,119
Speaker 9: I do think while Sue was talking, I was thinking

496
00:24:00,160 --> 00:24:03,919
Speaker 9: about it's not just the Texas government. It's not just

497
00:24:04,200 --> 00:24:06,680
Speaker 9: you know, I guess like Republican politicians right now are

498
00:24:06,680 --> 00:24:10,280
Speaker 9: eager to please Musk. I mean, he he has power

499
00:24:10,320 --> 00:24:13,359
Speaker 9: even over Democrats, right, like even Joe Biden. Musk is

500
00:24:13,440 --> 00:24:16,639
Speaker 9: really mad at Joe Biden because like Joe Biden like

501
00:24:16,840 --> 00:24:19,800
Speaker 9: with snubbed him at an event, and he's got like.

502
00:24:19,680 --> 00:24:23,240
Speaker 1: Some I mean, Biden held an evy convention, didn't bite.

503
00:24:23,320 --> 00:24:26,800
Speaker 9: Musk is like, you know, even under Biden, even under

504
00:24:26,840 --> 00:24:30,080
Speaker 9: the guy that he despises and his you know, insults,

505
00:24:30,080 --> 00:24:32,680
Speaker 9: I'll called him a sock puppet. You know, he's maintained

506
00:24:32,720 --> 00:24:35,000
Speaker 9: his contracts, He's even gotten more contracts. And when you

507
00:24:35,040 --> 00:24:38,320
Speaker 9: look at like what the federal government, even the federal

508
00:24:38,400 --> 00:24:41,800
Speaker 9: government under Democrats have done to Musk, it's not a

509
00:24:41,880 --> 00:24:42,480
Speaker 9: whole lot.

510
00:24:42,600 --> 00:24:44,119
Speaker 4: It's like it's like some.

511
00:24:44,160 --> 00:24:47,720
Speaker 9: Enforcement actions and so on, but the contracts, the stuff

512
00:24:47,760 --> 00:24:50,879
Speaker 9: that really matters, has stayed because and I think the

513
00:24:50,960 --> 00:24:54,119
Speaker 9: argument that some policymakers make is essentially that, you know,

514
00:24:54,160 --> 00:24:56,200
Speaker 9: the US government needs this guy like he is.

515
00:24:56,600 --> 00:24:59,280
Speaker 4: He is the leading industrials better or worse? Is he

516
00:24:59,320 --> 00:25:01,440
Speaker 4: too big to fail? Well?

517
00:25:01,800 --> 00:25:03,639
Speaker 9: Yeah, I mean that's the that's the essence of it,

518
00:25:03,760 --> 00:25:05,880
Speaker 9: right that with this country needs him too much, that

519
00:25:05,960 --> 00:25:08,520
Speaker 9: he's too big to you know, whatever, to push around.

520
00:25:08,880 --> 00:25:10,960
Speaker 9: I think there are questions about that, right, I mean,

521
00:25:11,119 --> 00:25:13,000
Speaker 9: maybe the companies are too big to fail. You could

522
00:25:13,040 --> 00:25:16,200
Speaker 9: imagine a situation where the federal government went after Musk

523
00:25:16,320 --> 00:25:19,239
Speaker 9: personally in a big way. But again, it's it's very

524
00:25:19,240 --> 00:25:21,399
Speaker 9: hard to separate Musk from his companies.

525
00:25:21,600 --> 00:25:23,119
Speaker 1: So I want to ask that along those lines and

526
00:25:23,359 --> 00:25:26,280
Speaker 1: his economic might, in the economic might he's bringing to Texas,

527
00:25:26,520 --> 00:25:29,400
Speaker 1: and I'm wondering how much it matters. I mean, world

528
00:25:29,520 --> 00:25:34,919
Speaker 1: leaders turn in Turkey, India, everybody, you know, France, you know,

529
00:25:35,000 --> 00:25:37,640
Speaker 1: try to try to woo his business. And I wonder

530
00:25:37,720 --> 00:25:39,480
Speaker 1: just how big a deal it is for Texas, a

531
00:25:39,560 --> 00:25:42,400
Speaker 1: state that produces almost six million barrels of oil a day.

532
00:25:43,240 --> 00:25:46,840
Speaker 1: That's almost four hundred million dollars every single day that

533
00:25:46,880 --> 00:25:50,439
Speaker 1: comes out of the ground. Does Musk matter, Does his

534
00:25:50,560 --> 00:25:53,280
Speaker 1: arrival matter much to Texas as an economic engine or

535
00:25:53,320 --> 00:25:54,280
Speaker 1: is it?

536
00:25:54,359 --> 00:25:57,520
Speaker 2: Well, you know, it's important to also remember that Texas

537
00:25:57,560 --> 00:25:59,600
Speaker 2: is the number one producer of wind in the United

538
00:25:59,600 --> 00:26:02,600
Speaker 2: States and the number two producer of solar. So there

539
00:26:02,680 --> 00:26:05,760
Speaker 2: is an energy revolution happening, and there is an acceleration

540
00:26:05,840 --> 00:26:08,920
Speaker 2: of the energy transition happening here, even though the state

541
00:26:08,960 --> 00:26:12,600
Speaker 2: government remains really dominated by petrochemical and kind of fossil

542
00:26:12,600 --> 00:26:15,280
Speaker 2: fuel companies. But I actually do think, Look, the myth

543
00:26:15,320 --> 00:26:17,760
Speaker 2: of Texas is an untamed frontier is just that it's

544
00:26:17,800 --> 00:26:20,080
Speaker 2: a myth. Yes, there's a lot of land, but there's

545
00:26:20,080 --> 00:26:22,399
Speaker 2: also a lot of Texas that's pretty densely populated and

546
00:26:22,400 --> 00:26:24,680
Speaker 2: pretty urbanized. As I said, but I do think that

547
00:26:24,720 --> 00:26:27,879
Speaker 2: the ev revolution speaks to this energy transition, even if

548
00:26:27,880 --> 00:26:30,760
Speaker 2: it's one that's not explicitly supported by the state.

549
00:26:31,040 --> 00:26:33,800
Speaker 1: But Rachel, I do know in chatting with you that

550
00:26:34,119 --> 00:26:36,679
Speaker 1: you know some of Elon's lieutenants who came here to

551
00:26:36,760 --> 00:26:40,199
Speaker 1: Texas with him from California as part as Hey, you know,

552
00:26:40,240 --> 00:26:43,000
Speaker 1: we're gonna go change Texas and we're going to enjoy

553
00:26:43,440 --> 00:26:47,040
Speaker 1: the you know, the libertarian streak in Texas they have,

554
00:26:47,480 --> 00:26:49,920
Speaker 1: some of them have since moved on, is that right? Yeah?

555
00:26:49,920 --> 00:26:54,400
Speaker 8: And I don't know specifically if these are Elons lieutenants specifically,

556
00:26:54,520 --> 00:26:56,919
Speaker 8: but I think, you know, just this this sort of

557
00:26:56,960 --> 00:27:00,000
Speaker 8: tech world that came in twenty twenty came to Texas

558
00:27:00,080 --> 00:27:04,159
Speaker 8: sort of seeing it as this low tax, low regulation paradise.

559
00:27:04,600 --> 00:27:06,560
Speaker 8: I know that at least some of them are getting

560
00:27:06,680 --> 00:27:08,959
Speaker 8: fed up. I think the you know, not having the

561
00:27:09,040 --> 00:27:12,240
Speaker 8: political sway that they wanted. Housing prices are actually like

562
00:27:12,480 --> 00:27:17,600
Speaker 8: extremely high here. I mean, I think if you're sort

563
00:27:17,600 --> 00:27:20,720
Speaker 8: of fantasizing about your your cheap paradise, it's it's not

564
00:27:20,800 --> 00:27:22,919
Speaker 8: quite that. And I'm sure they're seeing the downstream effect,

565
00:27:22,960 --> 00:27:23,920
Speaker 8: you know, from their employees.

566
00:27:24,040 --> 00:27:25,360
Speaker 7: Yeah, members are brutal.

567
00:27:25,720 --> 00:27:28,840
Speaker 8: People are leaving for Miami, people are going back to California.

568
00:27:28,960 --> 00:27:30,840
Speaker 8: You know, people bought these enormous houses and now they're

569
00:27:30,840 --> 00:27:34,359
Speaker 8: selling their enormous houses. So you know, it's not you're

570
00:27:34,800 --> 00:27:37,040
Speaker 8: a lesson. We could all learn your your problems follow

571
00:27:37,040 --> 00:27:38,760
Speaker 8: you wherever you are. You know, you don't get to

572
00:27:38,800 --> 00:27:40,600
Speaker 8: solve all your problems by just moving to Austin.

573
00:27:40,760 --> 00:27:44,600
Speaker 9: So the problem is not the the the like world movers,

574
00:27:44,600 --> 00:27:48,640
Speaker 9: like they have private jets, private jet, no problem, it's there.

575
00:27:48,720 --> 00:27:51,440
Speaker 4: It's their entourage that does not have a private jet.

576
00:27:51,520 --> 00:27:53,480
Speaker 9: Yeah, would very much like to buy a house, send

577
00:27:53,520 --> 00:27:56,000
Speaker 9: their kids to school, and so on, and and like

578
00:27:56,080 --> 00:27:59,800
Speaker 9: when you're talking about these elon musk right, potentially trying

579
00:27:59,800 --> 00:28:04,000
Speaker 9: to high hundreds, thousands, even tens of thousands of people, Like,

580
00:28:04,119 --> 00:28:06,919
Speaker 9: those costs start to add up and you start to

581
00:28:07,280 --> 00:28:10,760
Speaker 9: there's like a trade off between this like gigantic workforce

582
00:28:10,840 --> 00:28:14,080
Speaker 9: tech WorkFirst in Silicon Valley and high costs and that

583
00:28:14,359 --> 00:28:18,800
Speaker 9: gigantic workforce that's still in California I think is an

584
00:28:18,840 --> 00:28:20,040
Speaker 9: important attraction.

585
00:28:20,320 --> 00:28:22,119
Speaker 2: There are a couple of things that could threaten the

586
00:28:22,119 --> 00:28:26,800
Speaker 2: Texas economic boom right. One is the energy usage. We

587
00:28:26,840 --> 00:28:30,199
Speaker 2: had a near was fatal, hundreds of people died, but

588
00:28:30,280 --> 00:28:33,440
Speaker 2: a near complete, almost state blackout almost three years ago,

589
00:28:33,480 --> 00:28:35,840
Speaker 2: about three years ago. And then second, I actually think

590
00:28:35,840 --> 00:28:38,360
Speaker 2: the social legislation is going to start having an impact

591
00:28:38,680 --> 00:28:41,640
Speaker 2: on the ability to attract and retain human capital. You know,

592
00:28:41,680 --> 00:28:43,760
Speaker 2: this is a state where abortions now criminal, with no

593
00:28:43,880 --> 00:28:47,160
Speaker 2: exceptions including rape or incest. Obviously, all the stuff around

594
00:28:47,160 --> 00:28:51,520
Speaker 2: transgender care being prohibited for minors, and I think it's starting,

595
00:28:51,720 --> 00:28:53,680
Speaker 2: not right away, but it's starting to have an impact

596
00:28:53,760 --> 00:28:57,000
Speaker 2: on Texas's ability to retain highly skilled employees who are

597
00:28:57,000 --> 00:29:00,240
Speaker 2: going to be necessary to work for these companies.

598
00:29:05,600 --> 00:29:08,320
Speaker 1: We're gonna go to our last segment, Max, We're gonna

599
00:29:08,360 --> 00:29:10,880
Speaker 1: have fun in this last segment, whether you like it

600
00:29:11,000 --> 00:29:14,520
Speaker 1: or not, and we're gonna put up either some photos

601
00:29:15,080 --> 00:29:16,640
Speaker 1: for you guys to look at, or we're gonna play

602
00:29:16,640 --> 00:29:20,120
Speaker 1: some audio. And then, you know, I need you guys

603
00:29:20,240 --> 00:29:23,760
Speaker 1: to to judge and rate the you know, the the

604
00:29:24,000 --> 00:29:28,960
Speaker 1: whether this constitute Texas behavior, textan behavior or not. So

605
00:29:29,320 --> 00:29:32,560
Speaker 1: let's get the first picture up. Oh, we're back to

606
00:29:32,600 --> 00:29:36,320
Speaker 1: the hat. Okay, the hat. So my question is for

607
00:29:36,400 --> 00:29:38,920
Speaker 1: all of you, and then the audience is gonna chime

608
00:29:38,960 --> 00:29:41,840
Speaker 1: into it. Max, is the hat on the right way?

609
00:29:42,000 --> 00:29:44,880
Speaker 9: So okay, First of all, I don't know, because I'm

610
00:29:44,880 --> 00:29:45,880
Speaker 9: from New York and.

611
00:29:45,840 --> 00:29:47,640
Speaker 1: I've ever wore a cowboy hat in your life.

612
00:29:47,720 --> 00:29:50,640
Speaker 9: I went down a rab a Reddit rabbit hole on this,

613
00:29:51,000 --> 00:29:53,840
Speaker 9: and there are there are diverging views. Some people argue

614
00:29:53,880 --> 00:29:56,040
Speaker 9: I think and I'm summarizing, and there are probably people

615
00:29:56,040 --> 00:29:58,200
Speaker 9: in the audience who may know better than me that

616
00:29:58,200 --> 00:30:00,640
Speaker 9: that is actually a style that that Yeah, it looked

617
00:30:00,640 --> 00:30:02,320
Speaker 9: like a hat that just came out of a box

618
00:30:02,480 --> 00:30:03,760
Speaker 9: and was put on backwards.

619
00:30:03,920 --> 00:30:05,440
Speaker 4: In fact, it is a hat that just came out

620
00:30:05,480 --> 00:30:06,720
Speaker 4: of the box, but was put on there.

621
00:30:06,760 --> 00:30:08,480
Speaker 1: He knew exactly what he was doing.

622
00:30:08,680 --> 00:30:10,040
Speaker 7: He looks like that on purpose.

623
00:30:10,880 --> 00:30:12,400
Speaker 4: That's the argument. Okay, kind of worse.

624
00:30:12,520 --> 00:30:14,160
Speaker 1: It's a way mine you until you seem to buy

625
00:30:14,160 --> 00:30:15,680
Speaker 1: that you're going with it. It's on the right I

626
00:30:15,680 --> 00:30:18,840
Speaker 1: think it's on the right way. It just looks like

627
00:30:18,880 --> 00:30:19,920
Speaker 1: he hasn't worn it a whole lot.

628
00:30:20,040 --> 00:30:22,720
Speaker 2: I would say a wider brim and a more tan

629
00:30:22,880 --> 00:30:26,000
Speaker 2: color is what you more typically see. But again, there's

630
00:30:26,040 --> 00:30:27,760
Speaker 2: a lot of self fashioning going on here.

631
00:30:28,080 --> 00:30:30,280
Speaker 1: So from the audience, I need to hear it from you.

632
00:30:30,320 --> 00:30:34,640
Speaker 1: If you think the hat is on the right way, okay,

633
00:30:34,640 --> 00:30:37,960
Speaker 1: so is it on the wrong way? Okay? All right,

634
00:30:38,000 --> 00:30:40,960
Speaker 1: so he's Ozero for one. Okay, next up.

635
00:30:41,080 --> 00:30:43,920
Speaker 8: We say all hat and no cattle is a good way.

636
00:30:44,840 --> 00:30:46,960
Speaker 8: That's kind of like all cattle and hat.

637
00:30:47,800 --> 00:30:50,080
Speaker 9: I just I feel the need to say, because you

638
00:30:50,120 --> 00:30:52,480
Speaker 9: know this is under the aegis of Bloomberg, that Elon

639
00:30:52,560 --> 00:30:56,200
Speaker 9: Musk actually responded to this critique on Twitter, said he'd

640
00:30:56,240 --> 00:30:58,600
Speaker 9: own the hat for ten years. Is not a new

641
00:30:58,640 --> 00:31:02,320
Speaker 9: hat he's maintaining. There's no way that this is all.

642
00:31:02,440 --> 00:31:03,600
Speaker 9: He knows exactly what he's doing.

643
00:31:03,600 --> 00:31:05,040
Speaker 7: He's just never gone outside in the hat.

644
00:31:05,120 --> 00:31:07,640
Speaker 4: Then, all right, so it's okay to disagree on this one.

645
00:31:07,720 --> 00:31:10,080
Speaker 1: So then the boots he's got these cowboy can you

646
00:31:10,080 --> 00:31:11,960
Speaker 1: see the cowboy boots on? He's got the cowboy boots

647
00:31:11,960 --> 00:31:17,640
Speaker 1: on as he sits down with India's mody here. I

648
00:31:17,640 --> 00:31:20,880
Speaker 1: don't know is this Texas behavior or not? When you

649
00:31:20,920 --> 00:31:23,360
Speaker 1: sit down with the with the leader of India. Those

650
00:31:23,680 --> 00:31:25,040
Speaker 1: those the cowboy boots you wear.

651
00:31:25,600 --> 00:31:26,800
Speaker 4: I think it's cool. I don't know.

652
00:31:27,520 --> 00:31:30,520
Speaker 7: You can wear a formal boot, for sure, I authorize it.

653
00:31:30,520 --> 00:31:32,320
Speaker 2: It's hard to see the leather work from here, but

654
00:31:32,640 --> 00:31:34,840
Speaker 2: for sure it's it's business appropriate.

655
00:31:35,200 --> 00:31:37,720
Speaker 1: Okay, we're gonna go right to the next clip.

656
00:31:38,600 --> 00:31:41,120
Speaker 5: It's like that pizza restaurant, that that pizza chain, that's

657
00:31:41,160 --> 00:31:43,200
Speaker 5: they got the best ice cream Sunday that I've ever seen,

658
00:31:43,320 --> 00:31:49,440
Speaker 5: giant one out here. Oh yeah, if they've got a

659
00:31:49,480 --> 00:31:51,120
Speaker 5: gigantic ice cream Sunday.

660
00:31:51,200 --> 00:31:52,440
Speaker 4: Everything they have is Gigantica.

661
00:31:52,560 --> 00:31:53,200
Speaker 5: It's amazing.

662
00:31:53,600 --> 00:31:57,040
Speaker 7: Oh bro, they have that rigatoni, that rigatoni with the

663
00:31:57,080 --> 00:31:58,880
Speaker 7: meat sauce, and oh my god.

664
00:31:59,520 --> 00:31:59,840
Speaker 5: Is great.

665
00:32:00,040 --> 00:32:00,760
Speaker 4: It's fantastic.

666
00:32:00,840 --> 00:32:03,840
Speaker 2: Yeah, and it's very reasonably priced for the amount of

667
00:32:03,840 --> 00:32:04,360
Speaker 2: food you get.

668
00:32:04,520 --> 00:32:07,800
Speaker 1: Okay, So, Rachel, is this the way two Texans talk

669
00:32:07,840 --> 00:32:10,360
Speaker 1: about food? Because you know, Texans are very you know,

670
00:32:10,480 --> 00:32:12,840
Speaker 1: proud of their food and there's a strong food culture.

671
00:32:12,880 --> 00:32:14,520
Speaker 1: Here is this the way two Texans?

672
00:32:14,600 --> 00:32:16,200
Speaker 7: I mean, maybe it's actually really savvy.

673
00:32:16,240 --> 00:32:19,080
Speaker 8: He's not waiting into the Austin versus San Antonio breakfast

674
00:32:19,080 --> 00:32:22,040
Speaker 8: taco debate. He's not taking a side Buka to Beppo.

675
00:32:22,160 --> 00:32:25,080
Speaker 8: Nobody's gonna get excited. Nobody's going to get that mess.

676
00:32:25,120 --> 00:32:25,960
Speaker 1: It's safe.

677
00:32:26,360 --> 00:32:28,240
Speaker 7: So it's it's the safe you know.

678
00:32:28,640 --> 00:32:31,480
Speaker 1: It also shows like in every and every man's sort

679
00:32:31,520 --> 00:32:33,240
Speaker 1: of quality, right, you know, I go to Buka the

680
00:32:33,280 --> 00:32:33,920
Speaker 1: Peppo's right.

681
00:32:34,200 --> 00:32:37,800
Speaker 8: Yeah, it's weird, so I like it.

682
00:32:37,800 --> 00:32:38,840
Speaker 1: It's weird, so you like it.

683
00:32:39,120 --> 00:32:39,320
Speaker 4: You know.

684
00:32:39,440 --> 00:32:42,120
Speaker 9: On this podcast, I don't know other people may have listened,

685
00:32:42,160 --> 00:32:45,640
Speaker 9: but Rogan talks, you know, at great length and with

686
00:32:45,760 --> 00:32:48,520
Speaker 9: some authority, i'd say, about the food scene in Austin.

687
00:32:49,040 --> 00:32:51,680
Speaker 9: And this is what Elon offers, which I mean, I

688
00:32:51,680 --> 00:32:54,160
Speaker 9: think it suggests that he hasn't gotten out a whole lot.

689
00:32:54,720 --> 00:32:57,960
Speaker 1: Well, wasn't it during his early days, like at what

690
00:32:58,040 --> 00:33:00,280
Speaker 1: would be PayPal and all that? Didn't they basically seat

691
00:33:00,320 --> 00:33:03,080
Speaker 1: the same thing some iteration of soilent day in and

692
00:33:03,160 --> 00:33:03,560
Speaker 1: day out.

693
00:33:04,040 --> 00:33:06,520
Speaker 9: Yeah, I mean when you're building the future, right, and

694
00:33:06,560 --> 00:33:09,880
Speaker 9: when you're working, you're working in this extremely hardcore way.

695
00:33:10,000 --> 00:33:12,160
Speaker 9: You know, you things fall by the wayside and you

696
00:33:12,240 --> 00:33:16,400
Speaker 9: need a gigantic face size portion of Spagettian meatballs.

697
00:33:16,440 --> 00:33:18,640
Speaker 1: All right, we got one more that's going to play

698
00:33:18,720 --> 00:33:26,600
Speaker 1: right now.

699
00:33:26,960 --> 00:33:36,320
Speaker 6: When you stay awhile, well you say, got.

700
00:33:39,480 --> 00:33:42,880
Speaker 4: You?

701
00:33:45,080 --> 00:33:49,240
Speaker 1: This is really winning. So that was Elon and his

702
00:33:49,280 --> 00:33:53,840
Speaker 1: brother Kimball right here at south By Southwest six years ago. Max.

703
00:33:53,880 --> 00:33:56,480
Speaker 1: When you hear that, When you hear that, does that

704
00:33:56,520 --> 00:33:58,120
Speaker 1: sound like Texas do oh bro? By the way, he

705
00:33:58,160 --> 00:34:01,040
Speaker 1: was still a Californian at the time. That's the issue.

706
00:34:01,480 --> 00:34:04,080
Speaker 4: Yeah, I think this kind of makes soul. He went

707
00:34:04,160 --> 00:34:04,480
Speaker 4: for him.

708
00:34:04,640 --> 00:34:05,760
Speaker 1: I would sing it way better.

709
00:34:05,920 --> 00:34:08,279
Speaker 4: This is this is a cover from the of the

710
00:34:08,320 --> 00:34:09,200
Speaker 4: Three Amigos.

711
00:34:09,239 --> 00:34:12,080
Speaker 1: I believe anybody in the audience.

712
00:34:13,120 --> 00:34:14,640
Speaker 4: I think I think that's what this is.

713
00:34:14,680 --> 00:34:18,800
Speaker 9: That's Elon's brother Kimball, Right, you know, props for putting

714
00:34:18,840 --> 00:34:19,640
Speaker 9: himself out there.

715
00:34:20,040 --> 00:34:21,680
Speaker 1: Does any of either you want to touch that?

716
00:34:23,200 --> 00:34:26,880
Speaker 7: You know, it's it's a music town and so he should.

717
00:34:26,920 --> 00:34:32,200
Speaker 2: Probably the classic phrase for people who are newly arrived

718
00:34:32,239 --> 00:34:34,000
Speaker 2: in Texas's I'm not from here, but I got here

719
00:34:34,040 --> 00:34:36,360
Speaker 2: as fast as I could. And there's this phenomenon of

720
00:34:36,400 --> 00:34:39,000
Speaker 2: people moving to Texas who then see themselves and project

721
00:34:39,080 --> 00:34:42,640
Speaker 2: themselves as being more Texan than Texas. You might be

722
00:34:42,680 --> 00:34:45,719
Speaker 2: seeing some of that here in a premonition kind of way.

723
00:34:45,840 --> 00:34:49,120
Speaker 1: So so to wrap up, I want to go back

724
00:34:49,360 --> 00:34:51,879
Speaker 1: to the beginning, and at the very beginning, so will

725
00:34:52,000 --> 00:34:58,640
Speaker 1: you assigned musk e ten? Basically he's essentially as Texan

726
00:34:58,760 --> 00:35:01,279
Speaker 1: is Sam Houston to you? And then and then you

727
00:35:01,320 --> 00:35:03,560
Speaker 1: gave him an eight, and then Max, who's that who's

728
00:35:03,560 --> 00:35:05,520
Speaker 1: a tough SB gave him a five. Do any of

729
00:35:05,520 --> 00:35:09,560
Speaker 1: you want to change your your votes, your your raise?

730
00:35:09,560 --> 00:35:11,759
Speaker 2: It's either a ten or a one, right, there's not

731
00:35:11,840 --> 00:35:12,560
Speaker 2: much in between.

732
00:35:12,800 --> 00:35:14,960
Speaker 1: I say it's one of those, but you're you're staying

733
00:35:15,000 --> 00:35:17,399
Speaker 1: with ten. You're not changing the one. Everyone else is good.

734
00:35:17,640 --> 00:35:19,879
Speaker 1: So I'm gonna ask the audience. You know, You're gonna

735
00:35:19,880 --> 00:35:23,560
Speaker 1: get two options here. The first option is five or lower.

736
00:35:23,600 --> 00:35:25,359
Speaker 1: So I need to hear if you're gonna give Musk

737
00:35:25,440 --> 00:35:27,920
Speaker 1: a five or lower. As a Texan, I need to

738
00:35:27,960 --> 00:35:29,400
Speaker 1: hear from you. And and then well the other will

739
00:35:29,440 --> 00:35:31,800
Speaker 1: be six and up. So who says five or lower?

740
00:35:34,960 --> 00:35:35,160
Speaker 5: Guy?

741
00:35:35,360 --> 00:35:41,160
Speaker 1: All right? Solid, all right, solid, tougher crowd than up here.

742
00:35:41,200 --> 00:35:45,000
Speaker 1: How about a six or more? It's a it's a

743
00:35:45,120 --> 00:35:48,560
Speaker 1: it's pretty even draw, which actually does happen to be

744
00:35:48,560 --> 00:35:51,160
Speaker 1: the right answer, because the right answer is four point seven.

745
00:35:52,280 --> 00:35:55,600
Speaker 1: This was terrific, So let's end it there. A big

746
00:35:55,640 --> 00:36:01,319
Speaker 1: thanks to our panelists Max Rachel Seoul mhmm, and to

747
00:36:01,400 --> 00:36:04,240
Speaker 1: the audience and to the audience for joining us. Thank

748
00:36:04,280 --> 00:36:06,719
Speaker 1: you all for joining us for the special episode of

749
00:36:06,719 --> 00:36:09,919
Speaker 1: Elon Inc. At south By Southwest. Keep listening in each

750
00:36:09,960 --> 00:36:10,560
Speaker 1: and every week.

751
00:36:11,000 --> 00:36:13,440
Speaker 2: Thank you, thank you,