China

“And then if you compare this to China, where there is a lot more choice China is a, Three and a half, four times higher level of adoption of electrification than we are, and the slope of the curve is very steep.”

“If There's zero trade friction between, let's say, a country and China. More production in the fullness of time will shift to China because of those advantages. The lower cost of labor, the lower cost of capital.”

“What's driven the cost down is that you have the compounding benefits of much lower cost of capital across not just this, the manufacturer, the vehicle manufacturer, but across their whole supply chain. So tier one, tier two, tier three, everyone's cost of cap…”

“Yeah, we stopped investing in China about three years ago.”

“In the kind of fact, Germany didn't do it, right? Well, Spain still did it a little bit, and Australia did it a little bit. You know, maybe it would have delayed things by a year or two. Yeah. But like, as soon as, say, China started to do it at scale, they wo…”

“China has deployed more solar in, like, the last three months than the United States has ever deployed ever.”

“Do you think by 2035 China is still going to be as dependent on oil through the Strait of Malacca? I don't. At the rate that they're deploying right now, they could cut off that supply if they needed to.”

“In the space sector, at least, it's quite astounding the extent to which SpaceX is dominant. Right. This is not the case that, like, Apple has, what, 2030, 40% market share in smartphones, and Pixel has 10%, and Huawei and so on has a, this is like, SpaceX has…”

“We're already in a situation right now where China is outproducing the United States on all the metals, like steel, aluminum, magnesium, and so on and so forth, by, like, a factor of between 10 and a hundred, because they're, Energy is cheap”

“Relax the outer space treaty in 2017 with the outer space, so the Artemis Accords, so we can go and kind of make a land grab on the moon, and then it turns out China's going to get there first.”

“They had rights to the BioNTech-Pfizer vaccine for almost the entirety of their pandemic. They never approved it.”

“The US and China have something like 70% of all diagnostic capacity in the world.”

“It's 30%.”

“The problem with TikTok, and back then everyone was talking about user data. Who cares? Like the whole user data thing, people have this view of like the East German Stasi and like folders, like going through people's data. Like these are like vector databases…”

“The way that it shows up messily is we somehow do pass the law banning TikTok and it didn't get banned. And now it is sold, but China still controls the algorithm. So I think it's a big disaster.”

“China has a lot of restaurants, you know, six, over seven million restaurants, you know, versus what we have here in the U.S. At about a million restaurants in, in comparison, for example.”

“In China there are many dozens of cities over a million in population, and the population density is even perhaps higher than that of Manhattan.”

“Eating out in China is about as affordable as cooking, you know, at home.”