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Well, what I mean by that
is in nineteen sixty nine we were able

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to go to the Moon, and
here we are over three decades later,

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and we can barely get to lowerth
orbit. And I think by any measure,

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that is a step backwards. Is
that for a lack of leadership or

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technology, I think we made the
wrong technological choices. And I think there

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was also a lack of will at
the highest levels of government to take the

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next step and well, at least
go at least stay on the Moon and

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perhaps build a base there, and
then go beyond the Moon to Mars.

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And if you look at the news
articles in the late sixties early seventies,

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the expectation was that by now in
the twenty first century, we would have

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a Moon base and probably even a
Mars base. And I think if you'd

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asked anyone at that point in time
whether we would be unable to go to

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the Moon and have no not have
been to Mars, I think they would

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think you're crazy. Do we need
a leadership in that realm? Do we

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need a John F. Kennedy who
sets a goal for us when he said,

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one one day man will walk on
the moon. Do we need that

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kind of leadership for this technology to
move forward in that big step. I

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do think it's it's very important the
president set the priority and and and determine

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the goal. Uh. You know
that that reals nation will aspire to.

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And you know, George Bush has
his pluses and minuses, but at least

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one plus is that he has helped
to steer the space program in a direction

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that that more or less makes sense. You know. The only thing I

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would I would sort of argue with
is that I don't think we should be

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going back to the Moon. I
think we should be focused on Mars.

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I think we saw the Do you
think that's a mistake focusing on the Moon.

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I do think I do think we
should rather go I think we should

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rather be focused on on Mars.
You know, the Moon is kind of

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like it's kind of like the Arctic. It's just it's just a very barren

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place and very very little resources.
It's small, it's not it's not really

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a place that we could establish another
human civilization. There's a there's a there's

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a feeling of been there, done
that too with the Moon. Yes,

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we saw that movie of the sixties, you know, and the room makes

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never as good did we really go
to the moon? Ah, yes,

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we definitely just wanted to try.
The government is incapable of suppressing a conspiracy

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of that nature, of that newture. It's okay, good this ambition to

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explore space. Absolutely, that's entrepreneur
There's there's quite a bit of competition out

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there. There's Jeff Bezos with Blue
Origin, There's Richard Branson with his Virgin

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Galactic and I'm not talking about NASA
either. There's Paul Allen, there's the

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European Space Agency in Boeing and Lockheed
Martin, the Chinese, the Russians,

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let's just throw all of them into
this. Everyone doing a competitive field.

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How is SpaceX different? How do
you think you'll sort of surpass them?

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Well, you know you've You've listed
a wide range of entities there, and

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I think the differences are really different
depending upon which one you're referring to.

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The Well, let me ask you
this question. Who is your competition?

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We have no serious competition, No, not presently. Who's chasing you?

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Well, if you mean chasing and
have and has a serious chance of catching,

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then I think none that I'm aware
of. And Biden saying you guys

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kind of a hack. Then,
well, what Brandson is saying, by

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the way, I'm a great admirer
of Branson, is really a much smaller

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technological challenge. So their craft would
be suborbital, so it would go to

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about mark three. Our craft is
orbital. It goes to mark twenty five,

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so twenty five times to speed a
sound. But that doesn't describe the

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whole scale of difficulty because the energy
required to get to those philosophies scales is

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the square of the placity. So
to do what Branson is doing, you

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need to say about nine units of
energy. To do what we're doing,

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you need six hundred and twenty five
units of energy. The difference is monumental.

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And then when you re enter you
have to you have to burn off

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all that energy, so that doubles
the problem. Really, So, I

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mean, what Branson is doing,
for a technological standpoint, is building something

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that can cross the English Channel.
What we're building is something that can circum

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navigate the globe. It's a very
different scale of technological difficulty. I still

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think what he's doing is great,
and by the way, I bought a

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ticket on his effort. Yeah,
yeah, so I still think it's great,

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but it's not in the same league
technologically, so you're not particularly worried,

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certainly not about no certinly not about
that. Now the things that worry

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me are are we going to make
a mistake? The things that can really

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hurts face x are I mean,
our own foolishness, our own errors can

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hurt us. But not none of
the competition that I'm aware of. So

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generally you're worried about what's in front
of you, not the other guy.

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And in fact, you probably don't
think about them in terms of how they

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criticize you or what they think about
you. I don't think actually, I

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don't think there's much criticism. I
mean Boeing and Luckied of course that they

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would criticize, but I don't think
any of the entrepreneurial guys would criticize what

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we're doing. And it certainly possibly
I think, you know, what Jeff

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Bezos is working on could ultimately,
I mean, he does have aspirations to

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get to over and beyond. It's
just that what they're doing right now is

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sub orbital and at the sort of
lower technology level. What I think about

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at spaces is really entirely what are
we doing to ensure that our rocket is

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going to be successful and that we
are truly optimizing the cost and ensuring a

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higher liability. I mean, that's
just a very very difficult problem. There's

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a reason why there's an an atomatic
expression about rocket science being hard. It

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really is really hard. Science really
is rocket science. Yeah, it looks

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hard, and it's harder than it
looks. What's the big goal here,

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what's the long term plan? Well, that the long term ultimate objective that

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the holy grail is. We would
like to help make life multiplanetary. That's

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really what we'd like to do,
so establish societies on as many planets as

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possible. Uh. Well, yeah, I think there's only one possibility.

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But yeah, I mean even if
we can just go from one planet to

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two, I think that's a pretty
big step. And you'll start with well

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Mars. Mars is the only viable, viable planet, so multiplanetary life.

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Yeah, it's helped make life multiplanetary. I think that's an important thing.

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I don't think your goal is big
enough. Hah, Yeah, it's ambitious.

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Well, like I said, we
don't expect to do it single handedly,

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but we certainly would like to help
make it happen. It's fair to

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say you've made a fortune. Yeah, I think so, if you have

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any reasonable standard. Yeah, And
you know, those who work in aliens

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probably understand your trajectory. But there
are those who are watching who would think

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if I made that money, I'd
sit on a beach, I'd drink beer,

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and I would just watch the sunset, kind of like a Corona beer

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commercial. Have you ever thought about
that as a career option? You know,

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I find that really pretty boring,
So that would be torture if I

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had to do that every day,
that would really be pretty awful for me.

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Is there something about startup businesses that
really fuels your desire to work?

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Well, I guess I really need
to be preoccupied with something and if I'm

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just sort of sitting there relaxing,
I can only do that for a very

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short period of time and then it
becomes unbearable. Although startups definitely have their

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highs and lows. And as a
friend of mine who has a good phrase,

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you know, a startup business is
like eating glass and staring into the

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abyss. What is the criteria that
you established for yourself or a startup?

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Meanwhy want business over? Yeah?
Well, for me, it's always about

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does what I'm doing matter if we
are successful, does it matter to the

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world, And so there are easier
ways to make money than starting a rocket

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company, or say a car company, or even when I started an Internet

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company, because when I started the
first Internet company, nobody had made any

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money, and it wasn't clear that
anyone would make any money. It was

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simply from the perspective of the Internet
being a very important thing and something that

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needed to be built, and so
I wanted to help at Well, you

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touch upon something that's interesting is that
there is a that benefiting humanity is a

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very integral part of your criteria no
matter what you're starting up. Yes,

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absolutely, really not everybody has that
as a prime interest. I think that's

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probably relatively unusual, although there are
many people that I know in Silicon Valley

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for whom that is a significant motivation. You said in your endeavor here to

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explore space that we are committed to
failing in a new way if nothing else.

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What did you mean by that?
Just how it sounds? Well,

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I mean we're I mean we're committed
to succeed, really, but if we

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do fail, I would hope that
we at least add to the body of

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knowledge such that those who follow may
make few mistakes. Now, if Mars

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were not enough, you are busy
here on earth, the world is not

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enough. That's right for you?
Where? What have you? No limits?

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My friend? Here on earth you
are establishing a presence, certainly with

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Tesla Motors. Tell us a little
bit about that. This is your electric

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car company, correct, right?
And this is no this is no hybrid

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car you could buy on a car
lot. This thing goes from zero to

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sixteen four seconds? Is that y? Absolutely? Is there a sixteen under

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four seconds? It's faster, a
better acceleration than any Porsch currently in production,

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and any Frari except the Enzo.
And it's twice the energy efficiency of

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a Prius. So it's you.
We have the moral high ground, and

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you get to, you know,
leave the Ferrari guy in your dust.

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So well, let me start to
be let me ask the obvious. Well,

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and you don't look like one of
those guys who's trying too hard in

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a Ferrari. Absolutely, yeah,
you don't look like a jerk, you

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know, you know, up right
banana yellow Lamborghini or or I mean there's

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something I shoul point out about Tesla, which is, uh, we didn't

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you know Tesla is the first car
is a sports car, not because we

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think the world lacks for a sports
car, but because it is the right

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entry point for the market. If
you have a new technology, the right

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place to enter is high unit cost, low unit volume. Just as you

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know when when when a new cell
phone come out comes out, or a

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new a new laptop or some some
new thing, it tends to be expensive

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at first because they're figuring out all
the issues and it takes time to optimize,

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and then over time that that technology
will become cheaper and cheaper. And

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so the model two of Tesla,
uh, and maybe I'm leaping ahead here,

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but Model two of Tesla is a
forty nine thousand dollars four door,

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five passenger sedan, and that's that's
going to be obviously a much broader market

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segment that that that can make use
of that car. And then Model three

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is intended to be around a thirty
thousand dollars price point, and so that's

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that's really affordable by by almost everyone
who's who's who can buy a new car.

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So the idea is to drive to
mass market as rapidly as possible,

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but only at the pace at which
the technology matures. So is Henry Ford,

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and of someone you admire, well, I think Henry Ford made some

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very important contributions to UH, to
business and obviously you know, moving moving,

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manufacturing line and that sort of thing. So I think he's certainly worthy

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of admiration. Uh here's a bit
of an od duct but you know,

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certainly noteworthy. But the interest in
Tesla's is not from the perspective of,

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you know, the world needs another
car company. It's more from the perspective

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of we have a very important environmental
problem that needs to be addressed, which

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is and buy the burning of fossil
fuels and the increasing CO two concentration in

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the atmosphere and global climate change,
which I think is going to be one

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of the most significant issues of the
twenty first century. And the only way

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to really get around that, in
my view, is really with an electric

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vehicle, and then you need to
pair that up with a zero mission power

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generation method such as solar power.
I think is solar power is going to

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be a really big deal. Tesla's
not a hybrid car. Tesla's pure electric,

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pure electric. So help connect the
dots from me, why aren't we

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seeing Tesla cars on the car lots, then well, what's keeping them made

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them yet? So we're just finishing
up the development right now, and anybody

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can buy this, yes, how
will you? Actually we've almost sold out

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of two thousand and seven productions,
so if somebody does want to buy an

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next year's model, that they better
act quickly. One of the primary complaints

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about hybrid vehicles is there not fast
enough. You seem to overcome it.

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You won't have any trouble with this. In fact, really there's something uniquely

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better about electric vehicles, which is
that the talk response is immediate. So

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if you want to pass someone,
I mean you just the response to the

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car is very immediate. It's just
it's more fun to drive an electric car

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than it is to drive a gasoline
car. You know, I was going

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to say that Tesla the car,
the name of the car company is no

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coincidence, is It'll explain a little
bit about that, right. The company

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is named after Nikola Tesla, who
is an inventor. He was originally from

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the sort of the area of Yugoslavia
and Europe, but he moved to America

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when he was young and was an
inventor of the ac induction motor. Invented

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a lot of the principles of magnetism. So he was a great man,

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a great, great inventor, and
so the company is named in honor of

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him. So these cars, the
Tesla Roaster first, the first issue of

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the Tesla Roaster available in two thousand
and seven. Yes, in the spring

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the summer. How do you get
on the waiting list? Well, you

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buy the car. You basically put
down at a positive and we've actually can

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you do that through the web.
Yeah, we'll have, by the way,

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customer centers all around the country.
So we'll have one in La,

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one of the various Cargo Miami,
New York, and eventually nationwide customer centers

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where somebody does want to see the
current person take a test drive or see

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the car being worked on. I
mean, we have this idea for the

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way that the car is a serviced
that it should be a really really pleasant

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experience. So we have you know, some some some somewhere between, like

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a Starbucks and Apple store. So
you'd go in and you'd see the car

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being the cars being worked on behind
a glass partition. That would be your

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car you're watching or somebody else's again, but it's really clean it's really clean,

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present bright, It'll be sort of
a you know, coffee bar available,

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you know, just a we really
want to have a very pleasant experience

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that that you don't typically get if
you go into a dealership. Have you

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heard from Toyota, Have you heard
from General Motors and Ford saying use the

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company for sale? Nobody's actually made
a formal offer. But the interesting you

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know, I think one of the
one of the big values that Tesla can

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can provide is serving as an example
to the rest of the auto industry because

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right now, the order interest,
you know, the big car companies believe

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that a biable electorcy vehicle is not
possible and be if even if it wise

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people would buy it. So we
need to show that neither of those are

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true, that the technology works,
that people want to buy it, and

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that will be the most effective way
of really driving change in the in the

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order industries by serving as an example
in that matter. And if we were

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to sell the company to one of
one of the big car compans, I

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think it would really slow things down. Mm hmm, you think so.

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Absolutely. You're very busy enterprising the
part of your company that will explore space.

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You're very busy with this car company? Where do you find time to

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be CEO of two companies that size? Well, I should correct you that

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I'm CEO of SpaceX and I'm chairman
of SpaceX, and that is really my

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day job. So I spent eighty
percent of my time on SpaceX. I

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am the chairman and the principal owner
of Tesla Motors, but I do not

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run it on a daily basis.
You don't run that on a daily basis.

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Well, that was really the question
was how do you do How do

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you run those two large enterprises on
a daily basis? Is it a couple

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of phone calls or the Tesla folks? How's it going? I'm busy without

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her space right now, you guys
got that covered. I spent about I

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spent about two to three days a
month on Tesla related business and almost all

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the rest of the time is on
SpaceX. So SpaceX is very much my

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my day to day job. And
then I provide product guidance, strategic guidance,

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and obviously funding for Tesla. Like
Steve Jobs, right, so he

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runs Apple on a daily basis,
but he also, you know, has

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overside over Pixar's It's kind of like
that and in your day to day and

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this is this is one of those
silly lifestyle questions. But how early do

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you get up in the morning,
and where do you go to work physically?

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Is it an office? Yeah?
I go to work at SpaceX.

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How early do you get up in
the morning. You know, I'm not

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an early morning person so young like
for young engineers and for inventors and creators,

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they can sleep in until ten or
eleven. We have no fixed hours

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at SpaceX. I mean my personally, I would I tend to get up

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around seven thirty or eight and be
a campus around there nine nine thirty,

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But then I tend to state about
it till about eight pm. Okay,

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college students across America are saying,
oh drats, I thought he was going

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to say, like noon. But
then you go into an office and you

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you sit with in a separate office
away from those who are working, or

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do you sit with No, I
just have a cubicle at SpaceX. You

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have a cubicle, yeah, And
are you surrounded by your colleagues there?

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And what is your hope in terms
of the impact you will leave on culture,

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this civilization, this world, global
civilization? What is it that you

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you hope to leave here, Well, I think what I'd like to do

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is help solve some important problems.
So I think, in a small way,

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help build the Internet. And then
with respect to the global warning problem

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that the transition from away from oil
and other hydrocobins to something which is clean

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and sustainable, I hope to have
an impact there. And then with respect

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to space, I hope to have
an impact in helping make humanity a multiplanet

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species. Elon Musk, thank you
so much for being with us at wire

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Science to let me get a straight
CEO of SpaceX and chairman of Tesla Motors.

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Yeah, I got other titles,
but that's about That's a

