November 25, 2024 • 21 mins
Michelle delves into Tesla's latest full self-driving update and Model Y price cuts, examining their impact on market dynamics. The episode explores Tesla's market movements alongside SpaceX's recent satellite launches, including a record-breaking Falcon 9 flight. NASA's awarding of lunar cargo contracts to SpaceX is discussed, highlighting the company's growing role in space exploration. Neuralink's clinical trials in Canada are reviewed, along with Starlink's market expansion efforts in India. The episode also touches on Elon Musk's political influence, military views, and his educational initiatives with Ad Astra. Finally, Michelle covers SpaceX's ongoing Starship flight tests and catch attempts.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
In a major announcement for Tesla enthusiasts,Elon Musk has revealed that Full Self-Driving
Version Thirteen is "coming soon." Although nospecific date has been provided, this update
has been eagerly anticipated by Tesla fans andinvestors alike.
Elon Musk's timelines for Full Self-Drivinghave been known to shift, but the promise of
(00:20):
this new version stirs excitement about thepotential advancements it could bring to
autonomous driving technology.
In a simultaneous move to boost year-end sales,Tesla has announced a price cut for its popular
Model Y in China.
The new discount offers a ten thousand yuan,approximately one thousand three hundred
(00:42):
eighty-one dollars, reduction for thereal-wheel drive and long-range all-wheel drive
variants.
In addition to the price cut, Tesla is alsooffering a five-year, zero percent interest
loan, making the Model Y even more accessibleto Chinese consumers.
This is part of Tesla's strategy to drive upglobal sales in the fourth quarter, with
(01:03):
various discounts and incentives being offeredworldwide.
These moves have had a positive impact onTesla's stock, which saw a modest rise in
Sunday night trading on Robinhood.
The stock has been on a substantial upwardtrajectory, jumping nine point nine percent
last week to reach three hundred fifty-twopoint fifty-six dollars, marking a two-year
(01:24):
high.
Investors are optimistic, especially with theanticipated regulatory support from
President-elect Donald Trump's team, which aimsto establish a framework for federal
self-driving rules.
This could significantly smooth the path forTesla's future robotaxi services.
SpaceX is gearing up for yet another remarkablelaunch, aiming to send 23 Starlink satellites
(01:50):
into orbit from Cape Canaveral.
Scheduled for an early morning liftoff at fourthirty-five a.m., the Falcon 9 rocket is ready
to make its ascent, with additional launchwindows available until eight fourteen p.m.
on the same day.
If necessary, SpaceX has also set aside Tuesdayas a backup launch date, starting at four
(02:10):
twenty-six a.m.
This mission is particularly exciting becauseit includes twelve satellites equipped with
direct-to-cell capabilities, marking asignificant step forward in connecting remote
areas of the world with satellite-basedinternet.
This move not only enhances global connectivitybut also positions SpaceX as a leader in
(02:31):
bridging the digital divide.
The Falcon 9 rocket used for this mission is nostranger to the skies.
Impressively, this will be the thirteenthflight for the first stage booster, showcasing
SpaceX's commitment to reusability and costefficiency in space travel.
After stage separation, the booster willattempt a precision landing on a drone ship
(02:53):
stationed in the Atlantic Ocean, a maneuverthat has become a signature of SpaceX's
innovative approach to space exploration.
In a groundbreaking development, NASA is set toaward contracts to SpaceX and Blue Origin for
lunar cargo deliveries using their Artemislunar landers.
(03:13):
These awards mark a significant step forward inNASA's ambitious plans to explore the moon in
the early 2030s.
SpaceX's Starship and Blue Origin's Blue Moonwill be tasked with delivering a pressurized
rover and a lunar surface habitat,respectively, showcasing the growing
collaboration between NASA and private spacecompanies.
(03:34):
SpaceX's Starship is slated to deliver apressurized rover developed by the Japanese
space agency JAXA, with the mission scheduledfor no earlier than fiscal year 2032.
This partnership highlights the internationalcollaboration in space exploration, bringing
together expertise from across the globe toachieve a common goal of lunar exploration.
(03:57):
On the other hand, Blue Origin's Blue Moonlander will be responsible for transporting a
lunar surface habitat, with its mission plannedfor fiscal year 2033.
This habitat is a crucial component for futureextended lunar missions, potentially serving as
a base for astronauts to live and work on themoon's surface.
NASA's decision to utilize both SpaceX and BlueOrigin for these missions underscores the
(04:22):
agency's strategy to ensure a diverse andflexible approach to lunar exploration.
By having two providers with differentcapabilities, NASA can maintain a steady
cadence of moon landings, thereby maximizingscientific discovery and technological
advancements.
These contracts are part of NASA's broaderArtemis program, which aims to establish a
(04:44):
sustainable human presence on the moon.
With this latest announcement, the excitementin the space community is palpable, as we inch
closer to realizing the vision of returninghumans to the lunar surface and pushing the
boundaries of what's possible in spaceexploration.
In a groundbreaking step for Neuralink, theneurotechnology company co-founded by Elon
(05:07):
Musk, Health Canada has granted approval forthe launch of clinical trials in Canada.
This marks a significant milestone as TorontoWestern Hospital becomes the first site outside
the United States to host these trials.
This expansion is a testament to Neuralink'sambition to revolutionize neural technology and
enhance the quality of life for individualswith severe physical disabilities.
(05:32):
The clinical trials, part of the CAN-PRIMEstudy, are set to evaluate Neuralink’s
brain-computer interface technology.
This implant translates neural activity intodigital commands, enabling individuals with
quadriplegia, due to conditions likeamyotrophic lateral sclerosis or spinal cord
injuries, to operate external devices such ascomputers or smartphones purely through
(05:54):
thought.
The trials will also assess the safety andefficacy of Neuralink’s surgical robot and
implant procedures.
Neuralink has opened recruitment forparticipants in Canada, targeting those with
limited or no hand mobility.
The approval from Health Canada underscores thepotential impact of such innovations, offering
(06:15):
hope to individuals with severe disabilities.
Neuralink's primary goal with these trials isto refine the implant process and enhance the
functionality of their brain-computer interfacetechnology.
Earlier trials in the United States have shownboth promise and challenges.
The first human participant experienced minorcomplications, such as thread retractions from
(06:38):
the implant.
However, subsequent participants havedemonstrated significant progress, with one
individual reportedly using advancedcomputer-aided design software within weeks of
receiving the implant.
This progress indicates Neuralink's ongoingefforts to resolve any issues and optimize
their technology.
Neuralink's technology operates by decodingneural signals, bypassing the need for physical
(07:03):
interaction.
This is particularly transformative forpatients with severe motor impairments,
providing them a means to regain autonomy inthe digital realm.
Beyond current applications, Neuralinkenvisions future capabilities such as memory
augmentation and vision restoration, thoughthese remain in the early stages of
(07:23):
development.
The trials at Toronto Western Hospital are morethan just a technological leap; they represent
a beacon of hope for those facing significantphysical challenges.
Success in Canada could pave the way forbroader international adoption, accelerating
the development of neural technology to benefitdiverse populations.
(07:44):
Neuralink’s journey, marked by innovation andresilience, continues to push the boundaries of
neuroscience, capturing global attention as itshapes the future of human-computer
interaction.
Elon Musk has once again stirred excitementamong Tesla enthusiasts by announcing that Full
Self-Driving Version Thirteen is "coming soon."While the exact release date remains elusive,
(08:08):
this eagerly awaited update has been a focalpoint for both Tesla fans and investors.
Historically, timelines for Full Self-Drivinghave been subject to change, yet the
anticipation surrounding this new versionsignifies potential strides in autonomous
driving technology.
In a strategic move to augment year-end sales,Tesla has unveiled a price reduction for its
(08:32):
Model Y in China.
The latest discount provides a ten thousandyuan, roughly one thousand three hundred
eighty-one dollars, price cut for both therear-wheel drive and long-range all-wheel drive
models.
Coupled with a five-year, zero percent interestloan, this initiative aims to enhance the
accessibility of the Model Y for Chineseconsumers.
(08:54):
This forms part of Tesla's broader strategy tobolster global sales in the fourth quarter,
complemented by various discounts andincentives worldwide.
These strategic decisions have had a favorableimpact on Tesla's stock, which experienced a
modest increase in trading on Robinhood.
The stock has been on an impressive upwardtrajectory, soaring nine point nine percent
(09:17):
last week to achieve a two-year high at threehundred fifty-two point fifty-six dollars.
Investors are buoyed by the anticipatedregulatory support from President-elect Donald
Trump's administration, which is expected tocreate a framework for federal self-driving
regulations.
This could significantly pave the way forTesla's future robotaxi services.
(09:41):
In an exciting development, Elon Musk'sambitious Starlink project is set to enter the
Indian market soon, bringing itssatellite-based internet services to the
subcontinent.
However, there's a twist—early reports suggestthat Starlink might come with a premium price
tag that could surprise many potential users.
While the official pricing for Starlink inIndia hasn't been released yet, estimates based
(10:05):
on international rates suggest that Indianconsumers might face a hefty bill.
The first year could see costs reachingapproximately one hundred fifty-eight thousand
rupees.
This figure includes a one-time purchase of thenecessary device at thirty-seven thousand four
hundred rupees and a monthly service fee ofseven thousand four hundred twenty-five rupees.
(10:27):
There is a silver lining for those consideringStarlink's services.
In the second year, the overall cost could dropto around one hundred fifteen thousand rupees,
as the initial device purchase wouldn't need tobe repeated.
Nonetheless, even with this reduction,Starlink's pricing remains significantly higher
than traditional broadband services availablein India.
(10:49):
When comparing Starlink to existing providerslike Reliance Jio and Airtel, the cost
disparity becomes clear.
These companies offer broadband services at afraction of Starlink's estimated price, with
monthly tariffs as low as seven hundred to onethousand rupees, making them the preferred
choice for the majority of Indian consumers.
(11:09):
The high cost of Starlink is attributed to itscutting-edge satellite technology, designed to
deliver internet access to remote andunderserved regions.
While this innovation is groundbreaking, itcomes at a steep price, making it less
competitive in urban markets where Jio andAirtel dominate.
In a significant regulatory update, UnionMinister Jyotiraditya Scindia has announced
(11:33):
that India has approved Starlink's license.
This approval came after Elon Musk's companyagreed to comply with government regulations on
data storage and security.
However, the final pricing for Starlink maystill depend on spectrum cost recommendations
from the Telecom Regulatory Authority of India,expected by December fifteenth.
(11:55):
Despite its technological prowess, Starlink'shigh pricing might limit its appeal to niche
markets such as remote regions or high-incomeusers.
For now, industry giants Mukesh Ambani's Jioand Sunil Mittal's Airtel are likely to
maintain their stronghold as the top internetservice providers in India.
(12:17):
In the latest chapter of the ongoing spacesaga, Elon Musk seems to be gaining an edge
against rival Jeff Bezos, thanks to hisburgeoning relationship with President-elect
Donald Trump.
The recent election has seen Musk and Trumpfrequently meeting at Mar-a-Lago, sparking
fears within the space industry that Musk couldleverage this relationship to influence
(12:38):
government decisions in favor of SpaceX.
SpaceX, under Musk's leadership, has alreadyestablished itself as a frontrunner in the
space race, regularly sending astronauts intoorbit.
In stark contrast, Bezos' Blue Origin hasstruggled to make similar strides, having yet
to send humans beyond the outer edge of space.
(13:01):
Despite this, Blue Origin remains SpaceX'sclosest American competitor, and the rivalry
between the two has been marked by intenselegal battles over government contracts.
With Trump returning to the White House,concerns are mounting that Musk might
capitalize on this political proximity tosecure a monopoly within the private space
sector.
(13:21):
Industry insiders worry that Musk could steerbillions of dollars in government funding
towards SpaceX, sidelining competitors likeBlue Origin.
This potential shift in dynamics has the spacecommunity on high alert, as they attempt to
navigate the implications of Musk's influenceon Trump's administration.
The stakes are high, as both companies vie fortechnological supremacy in private space
(13:46):
flight.
Past disputes have seen tensions flare, withSpaceX securing a lucrative contract for a moon
landing mission, prompting Blue Origin tochallenge the decision in court.
Although Blue Origin lost that case, therivalry has only intensified, with Musk even
mocking Bezos on social media.
In the midst of this rivalry, Musk's recentcomments on X, accusing Bezos of influencing
(14:10):
stock sales over the election outcome, haveonly added fuel to the fire.
While Bezos denied these allegations, theexchange underscores the personal nature of
their competition.
Musk's influence over the incomingadministration, coupled with Trump's praise for
him as a 'supergenius,' could tilt the balancein Musk's favor.
(14:31):
As the space industry braces for potentialchanges, Blue Origin is actively lobbying
against Musk's growing sway over governmentspace policy.
The company is raising alarms on Capitol Hill,highlighting the risks of reduced competition
in the space race, which could ultimately harmnational security.
Blue Origin is also closely monitoring who willlead NASA, fearing that Musk might push for a
(14:56):
SpaceX ally to take charge.
In this high-stakes environment, thedissolution of the National Space Council could
further amplify Musk's influence, as it wouldeliminate a key platform for industry-wide
policy discussions.
While there is no concrete evidence of suchplans, the mere possibility has competitors on
(15:17):
edge, wary of a future where Musk holds swayover the space sector's strategic direction.
In a bold move that has caught the attention ofboth military and tech enthusiasts, Elon Musk
has taken a strong stance against mannedfighter jets, specifically targeting the F-35
stealth fighter.
(15:38):
Musk, who is now co-head of the Department ofGovernment Efficiency advising President-elect
Donald Trump, made headlines by endorsingdrones over traditional piloted jets.
He sparked conversation by reposting a videoshowcasing synchronized drone swarms and
commented, "Meanwhile, some idiots are stillbuilding manned fighter jets like the F-35."
(16:01):
This statement has stirred discussions aboutthe future of military technology, with Musk
arguing that drones represent the next level ofwarfare.
His endorsement of drones over the F-35 has notgone unnoticed by the Pentagon, which defended
the program, highlighting the F-35'sinternational footprint and its role as a vital
deterrent in joint all-domain operations.
(16:22):
Lockheed Martin, the prime contractor for theF-35, reiterated their commitment to working
with the new administration and emphasized thefighter's advanced capabilities.
Despite the Pentagon's defense, the F-35program has faced criticism over its cost, with
an estimated total service life cost of $1.8trillion, making it the Pentagon's most
(16:45):
expensive weapons program.
A recent report from the Defense Department'sweapons testing chief highlighted issues with
the F-35's reliability and maintainability,though Lockheed Martin insists it meets
contracted performance requirements.
Musk's comments come as part of a broadercritique of Pentagon spending, particularly
with the Department of Government Efficiency'sagenda pointing out the Pentagon's failure to
(17:09):
pass recent audits.
Musk's influence in this area, especially withhis ties to the new administration, could
potentially drive shifts in defense prioritiestowards more cost-effective and innovative
solutions like drones.
As the debate over the future of militaryaviation continues, Musk's remarks underscore a
growing interest in unmanned systems.
(17:31):
Silicon Valley defense startups, like Anduril,are already exploring new ways to integrate
drones into military operations, and Musk'svocal support could accelerate this trend.
In a significant educational venture, ElonMusk's latest project is making waves in
Bastrop County, Texas.
The tech mogul has received the green light toofficially open his new Montessori school,
(17:56):
named Ad Astra, which translates to "to thestars" in Latin.
This marks a major step in Musk's vision torevolutionize education, starting with a focus
on STEM-based learning for children aged threeto nine.
Ad Astra aims to nurture curiosity, creativity,and critical thinking among young learners,
(18:16):
setting a foundation for the problem solversand builders of tomorrow.
The school's curriculum emphasizes hands-on,project-based learning, allowing students to
explore and experiment with real-worldchallenges.
Each child's learning experience is tailored totheir unique needs, pace, and interests,
(18:36):
ensuring a personalized educational journey.
With the permit now secured, Ad Astra is set toenroll its first cohort of students, starting
with sixteen and eventually expanding totwenty-four.
This school is just the beginning of Musk'sambitious plans to establish a network of
K-through-12 schools and even a college, allrooted in the same forward-thinking educational
(18:59):
philosophy.
This new venture adds to Musk's growingpresence in Central Texas, which already
includes major facilities for SpaceX, Tesla,The Boring Company, Neuralink, and his social
media platform X.
The establishment of Ad Astra aligns withMusk's broader vision of fostering innovation
(19:20):
and technological advancement from a young age,potentially shaping the future leaders of
tomorrow's industries.
Alright, SpaceX fans, hold onto your seatsbecause we've got some thrilling news coming
your way!
The anticipation is building as SpaceX gears upfor the seventh flight test of the Starship,
scheduled for January tenth, twentytwenty-five.
(19:42):
This highly anticipated event will take placeat Starbase, Texas, and promises to be a
spectacle you won't want to miss.
What makes this flight particularly exciting isthe second catch attempt.
That's right, SpaceX is pushing the boundariesof innovation by attempting to catch the
Starship booster in mid-air.
This bold move is a testament to SpaceX'srelentless pursuit of reusability and
(20:06):
efficiency in space travel, and it's sure tohave space enthusiasts on the edge of their
seats.
The launch will be streamed live, allowing fansfrom around the world to join in and witness
this groundbreaking moment.
The excitement around this event is palpable,with The Launch Pad, a YouTube channel
dedicated to space exploration, providingextensive coverage and insights leading up to
(20:29):
the big day.
As we eagerly await the countdown, it'simportant to recognize the significance of this
test.
Successful execution could mark a pivotalmoment in SpaceX's journey, bringing us one
step closer to making space travel moreaccessible and sustainable.
So mark your calendars, set your reminders, andget ready to support SpaceX as they aim for the
(20:53):
stars once again!
Alright that's a wrap for this episode.
If you enjoyed this brief, and would like tostay updated on latest episodes, don’t forget
to click ‘Follow’ in your podcast app.
Also, for a full list of ALL our daily briefs,check out the link in the show notes.
Thanks again for listening, and hope to catchyou next time.
In a major announcement for Tesla enthusiasts,Elon Musk has revealed that Full Self-Driving
Version Thirteen is "coming soon." Although nospecific date has been provided, this update
has been eagerly anticipated by Tesla fans andinvestors alike.
Elon Musk's timelines for Full Self-Drivinghave been known to shift, but the promise of
(00:20):
this new version stirs excitement about thepotential advancements it could bring to
autonomous driving technology.
In a simultaneous move to boost year-end sales,Tesla has announced a price cut for its popular
Model Y in China.
The new discount offers a ten thousand yuan,approximately one thousand three hundred
(00:42):
eighty-one dollars, reduction for thereal-wheel drive and long-range all-wheel drive
variants.
In addition to the price cut, Tesla is alsooffering a five-year, zero percent interest
loan, making the Model Y even more accessibleto Chinese consumers.
This is part of Tesla's strategy to drive upglobal sales in the fourth quarter, with
(01:03):
various discounts and incentives being offeredworldwide.
These moves have had a positive impact onTesla's stock, which saw a modest rise in
Sunday night trading on Robinhood.
The stock has been on a substantial upwardtrajectory, jumping nine point nine percent
last week to reach three hundred fifty-twopoint fifty-six dollars, marking a two-year
(01:24):
high.
Investors are optimistic, especially with theanticipated regulatory support from
President-elect Donald Trump's team, which aimsto establish a framework for federal
self-driving rules.
This could significantly smooth the path forTesla's future robotaxi services.
SpaceX is gearing up for yet another remarkablelaunch, aiming to send 23 Starlink satellites
(01:50):
into orbit from Cape Canaveral.
Scheduled for an early morning liftoff at fourthirty-five a.m., the Falcon 9 rocket is ready
to make its ascent, with additional launchwindows available until eight fourteen p.m.
on the same day.
If necessary, SpaceX has also set aside Tuesdayas a backup launch date, starting at four
(02:10):
twenty-six a.m.
This mission is particularly exciting becauseit includes twelve satellites equipped with
direct-to-cell capabilities, marking asignificant step forward in connecting remote
areas of the world with satellite-basedinternet.
This move not only enhances global connectivitybut also positions SpaceX as a leader in
(02:31):
bridging the digital divide.
The Falcon 9 rocket used for this mission is nostranger to the skies.
Impressively, this will be the thirteenthflight for the first stage booster, showcasing
SpaceX's commitment to reusability and costefficiency in space travel.
After stage separation, the booster willattempt a precision landing on a drone ship
(02:53):
stationed in the Atlantic Ocean, a maneuverthat has become a signature of SpaceX's
innovative approach to space exploration.
In a groundbreaking development, NASA is set toaward contracts to SpaceX and Blue Origin for
lunar cargo deliveries using their Artemislunar landers.
(03:13):
These awards mark a significant step forward inNASA's ambitious plans to explore the moon in
the early 2030s.
SpaceX's Starship and Blue Origin's Blue Moonwill be tasked with delivering a pressurized
rover and a lunar surface habitat,respectively, showcasing the growing
collaboration between NASA and private spacecompanies.
(03:34):
SpaceX's Starship is slated to deliver apressurized rover developed by the Japanese
space agency JAXA, with the mission scheduledfor no earlier than fiscal year 2032.
This partnership highlights the internationalcollaboration in space exploration, bringing
together expertise from across the globe toachieve a common goal of lunar exploration.
(03:57):
On the other hand, Blue Origin's Blue Moonlander will be responsible for transporting a
lunar surface habitat, with its mission plannedfor fiscal year 2033.
This habitat is a crucial component for futureextended lunar missions, potentially serving as
a base for astronauts to live and work on themoon's surface.
NASA's decision to utilize both SpaceX and BlueOrigin for these missions underscores the
(04:22):
agency's strategy to ensure a diverse andflexible approach to lunar exploration.
By having two providers with differentcapabilities, NASA can maintain a steady
cadence of moon landings, thereby maximizingscientific discovery and technological
advancements.
These contracts are part of NASA's broaderArtemis program, which aims to establish a
(04:44):
sustainable human presence on the moon.
With this latest announcement, the excitementin the space community is palpable, as we inch
closer to realizing the vision of returninghumans to the lunar surface and pushing the
boundaries of what's possible in spaceexploration.
In a groundbreaking step for Neuralink, theneurotechnology company co-founded by Elon
(05:07):
Musk, Health Canada has granted approval forthe launch of clinical trials in Canada.
This marks a significant milestone as TorontoWestern Hospital becomes the first site outside
the United States to host these trials.
This expansion is a testament to Neuralink'sambition to revolutionize neural technology and
enhance the quality of life for individualswith severe physical disabilities.
(05:32):
The clinical trials, part of the CAN-PRIMEstudy, are set to evaluate Neuralink’s
brain-computer interface technology.
This implant translates neural activity intodigital commands, enabling individuals with
quadriplegia, due to conditions likeamyotrophic lateral sclerosis or spinal cord
injuries, to operate external devices such ascomputers or smartphones purely through
(05:54):
thought.
The trials will also assess the safety andefficacy of Neuralink’s surgical robot and
implant procedures.
Neuralink has opened recruitment forparticipants in Canada, targeting those with
limited or no hand mobility.
The approval from Health Canada underscores thepotential impact of such innovations, offering
(06:15):
hope to individuals with severe disabilities.
Neuralink's primary goal with these trials isto refine the implant process and enhance the
functionality of their brain-computer interfacetechnology.
Earlier trials in the United States have shownboth promise and challenges.
The first human participant experienced minorcomplications, such as thread retractions from
(06:38):
the implant.
However, subsequent participants havedemonstrated significant progress, with one
individual reportedly using advancedcomputer-aided design software within weeks of
receiving the implant.
This progress indicates Neuralink's ongoingefforts to resolve any issues and optimize
their technology.
Neuralink's technology operates by decodingneural signals, bypassing the need for physical
(07:03):
interaction.
This is particularly transformative forpatients with severe motor impairments,
providing them a means to regain autonomy inthe digital realm.
Beyond current applications, Neuralinkenvisions future capabilities such as memory
augmentation and vision restoration, thoughthese remain in the early stages of
(07:23):
development.
The trials at Toronto Western Hospital are morethan just a technological leap; they represent
a beacon of hope for those facing significantphysical challenges.
Success in Canada could pave the way forbroader international adoption, accelerating
the development of neural technology to benefitdiverse populations.
(07:44):
Neuralink’s journey, marked by innovation andresilience, continues to push the boundaries of
neuroscience, capturing global attention as itshapes the future of human-computer
interaction.
Elon Musk has once again stirred excitementamong Tesla enthusiasts by announcing that Full
Self-Driving Version Thirteen is "coming soon."While the exact release date remains elusive,
(08:08):
this eagerly awaited update has been a focalpoint for both Tesla fans and investors.
Historically, timelines for Full Self-Drivinghave been subject to change, yet the
anticipation surrounding this new versionsignifies potential strides in autonomous
driving technology.
In a strategic move to augment year-end sales,Tesla has unveiled a price reduction for its
(08:32):
Model Y in China.
The latest discount provides a ten thousandyuan, roughly one thousand three hundred
eighty-one dollars, price cut for both therear-wheel drive and long-range all-wheel drive
models.
Coupled with a five-year, zero percent interestloan, this initiative aims to enhance the
accessibility of the Model Y for Chineseconsumers.
(08:54):
This forms part of Tesla's broader strategy tobolster global sales in the fourth quarter,
complemented by various discounts andincentives worldwide.
These strategic decisions have had a favorableimpact on Tesla's stock, which experienced a
modest increase in trading on Robinhood.
The stock has been on an impressive upwardtrajectory, soaring nine point nine percent
(09:17):
last week to achieve a two-year high at threehundred fifty-two point fifty-six dollars.
Investors are buoyed by the anticipatedregulatory support from President-elect Donald
Trump's administration, which is expected tocreate a framework for federal self-driving
regulations.
This could significantly pave the way forTesla's future robotaxi services.
(09:41):
In an exciting development, Elon Musk'sambitious Starlink project is set to enter the
Indian market soon, bringing itssatellite-based internet services to the
subcontinent.
However, there's a twist—early reports suggestthat Starlink might come with a premium price
tag that could surprise many potential users.
While the official pricing for Starlink inIndia hasn't been released yet, estimates based
(10:05):
on international rates suggest that Indianconsumers might face a hefty bill.
The first year could see costs reachingapproximately one hundred fifty-eight thousand
rupees.
This figure includes a one-time purchase of thenecessary device at thirty-seven thousand four
hundred rupees and a monthly service fee ofseven thousand four hundred twenty-five rupees.
(10:27):
There is a silver lining for those consideringStarlink's services.
In the second year, the overall cost could dropto around one hundred fifteen thousand rupees,
as the initial device purchase wouldn't need tobe repeated.
Nonetheless, even with this reduction,Starlink's pricing remains significantly higher
than traditional broadband services availablein India.
(10:49):
When comparing Starlink to existing providerslike Reliance Jio and Airtel, the cost
disparity becomes clear.
These companies offer broadband services at afraction of Starlink's estimated price, with
monthly tariffs as low as seven hundred to onethousand rupees, making them the preferred
choice for the majority of Indian consumers.
(11:09):
The high cost of Starlink is attributed to itscutting-edge satellite technology, designed to
deliver internet access to remote andunderserved regions.
While this innovation is groundbreaking, itcomes at a steep price, making it less
competitive in urban markets where Jio andAirtel dominate.
In a significant regulatory update, UnionMinister Jyotiraditya Scindia has announced
(11:33):
that India has approved Starlink's license.
This approval came after Elon Musk's companyagreed to comply with government regulations on
data storage and security.
However, the final pricing for Starlink maystill depend on spectrum cost recommendations
from the Telecom Regulatory Authority of India,expected by December fifteenth.
(11:55):
Despite its technological prowess, Starlink'shigh pricing might limit its appeal to niche
markets such as remote regions or high-incomeusers.
For now, industry giants Mukesh Ambani's Jioand Sunil Mittal's Airtel are likely to
maintain their stronghold as the top internetservice providers in India.
(12:17):
In the latest chapter of the ongoing spacesaga, Elon Musk seems to be gaining an edge
against rival Jeff Bezos, thanks to hisburgeoning relationship with President-elect
Donald Trump.
The recent election has seen Musk and Trumpfrequently meeting at Mar-a-Lago, sparking
fears within the space industry that Musk couldleverage this relationship to influence
(12:38):
government decisions in favor of SpaceX.
SpaceX, under Musk's leadership, has alreadyestablished itself as a frontrunner in the
space race, regularly sending astronauts intoorbit.
In stark contrast, Bezos' Blue Origin hasstruggled to make similar strides, having yet
to send humans beyond the outer edge of space.
(13:01):
Despite this, Blue Origin remains SpaceX'sclosest American competitor, and the rivalry
between the two has been marked by intenselegal battles over government contracts.
With Trump returning to the White House,concerns are mounting that Musk might
capitalize on this political proximity tosecure a monopoly within the private space
sector.
(13:21):
Industry insiders worry that Musk could steerbillions of dollars in government funding
towards SpaceX, sidelining competitors likeBlue Origin.
This potential shift in dynamics has the spacecommunity on high alert, as they attempt to
navigate the implications of Musk's influenceon Trump's administration.
The stakes are high, as both companies vie fortechnological supremacy in private space
(13:46):
flight.
Past disputes have seen tensions flare, withSpaceX securing a lucrative contract for a moon
landing mission, prompting Blue Origin tochallenge the decision in court.
Although Blue Origin lost that case, therivalry has only intensified, with Musk even
mocking Bezos on social media.
In the midst of this rivalry, Musk's recentcomments on X, accusing Bezos of influencing
(14:10):
stock sales over the election outcome, haveonly added fuel to the fire.
While Bezos denied these allegations, theexchange underscores the personal nature of
their competition.
Musk's influence over the incomingadministration, coupled with Trump's praise for
him as a 'supergenius,' could tilt the balancein Musk's favor.
(14:31):
As the space industry braces for potentialchanges, Blue Origin is actively lobbying
against Musk's growing sway over governmentspace policy.
The company is raising alarms on Capitol Hill,highlighting the risks of reduced competition
in the space race, which could ultimately harmnational security.
Blue Origin is also closely monitoring who willlead NASA, fearing that Musk might push for a
(14:56):
SpaceX ally to take charge.
In this high-stakes environment, thedissolution of the National Space Council could
further amplify Musk's influence, as it wouldeliminate a key platform for industry-wide
policy discussions.
While there is no concrete evidence of suchplans, the mere possibility has competitors on
(15:17):
edge, wary of a future where Musk holds swayover the space sector's strategic direction.
In a bold move that has caught the attention ofboth military and tech enthusiasts, Elon Musk
has taken a strong stance against mannedfighter jets, specifically targeting the F-35
stealth fighter.
(15:38):
Musk, who is now co-head of the Department ofGovernment Efficiency advising President-elect
Donald Trump, made headlines by endorsingdrones over traditional piloted jets.
He sparked conversation by reposting a videoshowcasing synchronized drone swarms and
commented, "Meanwhile, some idiots are stillbuilding manned fighter jets like the F-35."
(16:01):
This statement has stirred discussions aboutthe future of military technology, with Musk
arguing that drones represent the next level ofwarfare.
His endorsement of drones over the F-35 has notgone unnoticed by the Pentagon, which defended
the program, highlighting the F-35'sinternational footprint and its role as a vital
deterrent in joint all-domain operations.
(16:22):
Lockheed Martin, the prime contractor for theF-35, reiterated their commitment to working
with the new administration and emphasized thefighter's advanced capabilities.
Despite the Pentagon's defense, the F-35program has faced criticism over its cost, with
an estimated total service life cost of $1.8trillion, making it the Pentagon's most
(16:45):
expensive weapons program.
A recent report from the Defense Department'sweapons testing chief highlighted issues with
the F-35's reliability and maintainability,though Lockheed Martin insists it meets
contracted performance requirements.
Musk's comments come as part of a broadercritique of Pentagon spending, particularly
with the Department of Government Efficiency'sagenda pointing out the Pentagon's failure to
(17:09):
pass recent audits.
Musk's influence in this area, especially withhis ties to the new administration, could
potentially drive shifts in defense prioritiestowards more cost-effective and innovative
solutions like drones.
As the debate over the future of militaryaviation continues, Musk's remarks underscore a
growing interest in unmanned systems.
(17:31):
Silicon Valley defense startups, like Anduril,are already exploring new ways to integrate
drones into military operations, and Musk'svocal support could accelerate this trend.
In a significant educational venture, ElonMusk's latest project is making waves in
Bastrop County, Texas.
The tech mogul has received the green light toofficially open his new Montessori school,
(17:56):
named Ad Astra, which translates to "to thestars" in Latin.
This marks a major step in Musk's vision torevolutionize education, starting with a focus
on STEM-based learning for children aged threeto nine.
Ad Astra aims to nurture curiosity, creativity,and critical thinking among young learners,
(18:16):
setting a foundation for the problem solversand builders of tomorrow.
The school's curriculum emphasizes hands-on,project-based learning, allowing students to
explore and experiment with real-worldchallenges.
Each child's learning experience is tailored totheir unique needs, pace, and interests,
(18:36):
ensuring a personalized educational journey.
With the permit now secured, Ad Astra is set toenroll its first cohort of students, starting
with sixteen and eventually expanding totwenty-four.
This school is just the beginning of Musk'sambitious plans to establish a network of
K-through-12 schools and even a college, allrooted in the same forward-thinking educational
(18:59):
philosophy.
This new venture adds to Musk's growingpresence in Central Texas, which already
includes major facilities for SpaceX, Tesla,The Boring Company, Neuralink, and his social
media platform X.
The establishment of Ad Astra aligns withMusk's broader vision of fostering innovation
(19:20):
and technological advancement from a young age,potentially shaping the future leaders of
tomorrow's industries.
Alright, SpaceX fans, hold onto your seatsbecause we've got some thrilling news coming
your way!
The anticipation is building as SpaceX gears upfor the seventh flight test of the Starship,
scheduled for January tenth, twentytwenty-five.
(19:42):
This highly anticipated event will take placeat Starbase, Texas, and promises to be a
spectacle you won't want to miss.
What makes this flight particularly exciting isthe second catch attempt.
That's right, SpaceX is pushing the boundariesof innovation by attempting to catch the
Starship booster in mid-air.
This bold move is a testament to SpaceX'srelentless pursuit of reusability and
(20:06):
efficiency in space travel, and it's sure tohave space enthusiasts on the edge of their
seats.
The launch will be streamed live, allowing fansfrom around the world to join in and witness
this groundbreaking moment.
The excitement around this event is palpable,with The Launch Pad, a YouTube channel
dedicated to space exploration, providingextensive coverage and insights leading up to
(20:29):
the big day.
As we eagerly await the countdown, it'simportant to recognize the significance of this
test.
Successful execution could mark a pivotalmoment in SpaceX's journey, bringing us one
step closer to making space travel moreaccessible and sustainable.
So mark your calendars, set your reminders, andget ready to support SpaceX as they aim for the
(20:53):
stars once again!
Alright that's a wrap for this episode.
If you enjoyed this brief, and would like tostay updated on latest episodes, don’t forget
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Also, for a full list of ALL our daily briefs,check out the link in the show notes.
Thanks again for listening, and hope to catchyou next time.
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