Techstrong Gang – July 23, 2024

Hi, everyone. Happy Tuesday. Well, the judge, a judge has clipped the wings of, uh, the SEC on cybersecurity, who's really to blame for the blue screen of death.

And our, our EV charges really starting to get better. We've got all that and more on Techron Gang. Hi, everyone.

Happy Tuesday. As I mentioned in the opening, we've got some great, uh, meaty, juicy stories to go over today. Unfortunately, there's just so much going on in the world.

There's no lack of good news topics to cover, but we're happy to have our gang here with us today. We've got a, a four people in our gang segment for today. Let me introduce them to you.

First of all, fresh off his vacation in the Caribbean. It's the, uh, our friend from Tech Field Day, Steven Foss in the Futur Room Group. Hey, Steven, welcome back.

I hope you're back in the swing of thanks. No, man, I'm gonna take it easy. I'm gonna be slow and calm today.

You don't expect me to be speaking up about anything. Uh, I know you better, but, okay. Welcome back, Mon.

Uh, next up to my immediate left. She is our editor for all things green and sustainable and echo insights, as well as analyst on these topics. It's our own.

Bonnie Schneider. Hi, Bonnie. How are you?

Doing great. Great. And then to my far left, well, he wasn't on vacation.

He's held down the fort while we were away. Uh, here live in Boca Raton, our Chief Content Officers. Mike Bazar still here.

Turn to the desk, man. Yes. Changing the desk.

Okay. Welcome Mike. So, guys, you know, look, the, the theme of, you know, as a law school graduate former attorney, the thing we're seeing is that the judicial wing of government has really been clamping down on the authority of administrative agencies to, Let me walk everybody through this case for a second so they can level two seconds.

Um, so what seems to have happened is a judge ruled in an appeal that, um, the SCC doesn't necessarily or can't bring charges against SolarWinds and the CISO of SolarWinds on two particular issues. One is the judge said there's no evidence of an actual scheme to defraud investors. So therefore, um, the SEC can't bring at least two thirds of the charges.

And then my favorite part of the judge's ruling, if you read it, is that he said that, um, no one would infer that articles and blogs and other items of quote unquote puffery are part of a scheme to, to entice people to invest in a company. So therefore, that's not legitimate evidence. Um, and this is also going along on the, on the backdrop of a separate case where we have this whole Chevron ruling thing we've been talking about in a couple episodes ago, where it is probable that the SEC may not even have the authority to pursue a lot of these cases because, um, the Supreme Court is saying that unless it is specifically outlined by Congress, you can't default to the agency.

You default to whether or not the court has the power to decide whether or not you, this ruling or this crime was committed. Um, I'm gonna start with you, Alan. I mean, Yeah.

So I'll go back to my original point, Mike. I'm glad you laid that table. But the, the judicial branch of our government is claiming for themselves the absolute right saying, if it's not specifically enumerated in the, in the, uh, act that created the particular agency, they have no right to do anything.

And in today's complicated world, this is a recipe for chaos and disaster, right? Our world works way too quick to sit around waiting for Congress to get their act together and specifically enumerate a particular power or non-power. These agencies need the, the ability to, to, to govern, to run things, to operate, right?

Uh, they, they've taken, you know, this, if it's not specifically set in there, they can't do it approach. But these agencies need to run and, and regulate a very dynamic workplace, a very dynamic infrastructure, a very dynamic world. Congress doesn't move at the speed of the internet.

I don't disagree, but there's this thing called due process that seems to be getting in the way. And people Have, it's not, there's always been due process. This is judicial over activism.

And what's really funny to me is the party that are putting most of these judges in place, where the people who wanted cut down on judicial Activism, well, I guess they had a choice between federal overreach and judicial activism. So they waited and came up with this. I think, I, I don't know.

I I don't think it bodes well. I mean, look, I'm sorry. Go ahead, Steven.

Yeah, I, I'll just jump in on that. I don't wanna get this, uh, but hey, this, this thing shouldn't not get political, but I think I should point out as well, that, um, JD Vance, who is now the nominee for vice president on the Republican side, um, is a very outspoken critic of, uh, wall Street as well. I think that, uh, perhaps the, uh, direction that all of this is going, uh, 'cause you've got, if you've got, uh, Harris on the one hand and, and Vance on the other hand, uh, that that's not gonna bode well for a lot of these Wall Street types.

So I wonder if, uh, we could end up with a situation where, um, basically no matter which party wins in November, uh, some of this stuff could change. But I'd also like to point out that, um, I feel like this story is maybe a little overblown because this is just a small portion of the repercussions from SolarWinds and, um, the, uh, the impact of that. Uh, sure.

Maybe the SEC can't enforce these, these little areas over here, but the overall impact was, uh, was tremendous. There was a huge amount of, uh, pushback on the company. And, um, you know, I, I think that this is just a small setback for people who are trying to see some kind of consequences come to SolarWinds for this, uh, this outage.

Also, I do think it's ironic that this would come, uh, right after the CrowdStrike, uh, impact, which has a little, um, you know, it rhymes with what happened with SolarWinds. So sometimes truth is stranger than fiction. Right.

But, um, to be fair though, look, I don't think the SEC is competent enough to get too far down into the weeds on cybersecurity, but I think what the si, what the SEC can say is that it's their job to make sure that the public and the, you know, people who buy and trade equities have faith that these companies who are listed public companies are doing the reasonable thing when it comes to their cybersecurity. So I'm No, go. I was just gonna say, can they encourage more transparency doing that without, um, implementing, like find a happy medium between implementing strict guidelines and, well, I, I think the question is how far down in the weeds do you want to get what's reasonable?

I, I think that, hey, I'm not into CISO's getting charged criminally for, for incidents like this absent gross, gross negligence or some criminal intent. But, you know, I, I do think there should be a reasonable standard that public companies have to follow. I, I do agree with the judge that, you know, the, it wasn't just that you read the quote on the blogs and so forth, but the real legal issue here was, did, did, uh, SolarWinds make a full disclosure or a reasonably full disclosure of the severity of the, of the breach?

Or did they kind of puff it over and say it was no big deal? So as not to set off panic among their investors? And again, I I, what the judge is saying is don't believe blogs, they're full of crap.

You can write anything you want now in a blog or a press release, apparently, Right? But they, again, there should be a reasonable test that the company disclosed in a reasonable matter what the risk here is so that investors and shareholders can make an informed decision that that is the SEC's charter, right? To make sure that investors and the the public have the facts they need to make reasonable investments.

Right? And it's not just insiders and stuff like this Probable assessment that any of this is gonna get fixed anytime soon in Congress. No, no way.

In an election year. No, no way. Every year, an election year.

Now, I mean, uh, you know, that's the thing. And, and the, the thing actually, that worries me to Alan's point here is that increasingly companies are treating well for, for one thing, they're, they don't have as much professional PR as they once did. And for another thing, I think companies really are treating social media posts and blogs and so on as official communications.

Um, because that's the nature of media today. Um, you know, to, uh, to defend, uh, y'all against the, uh, puffery and frivolousness of blogs, if you're gonna say that, uh, that blogs are frivolous puffery, then, um, basically then there's no communication coming out of companies like, like Tesla or X, which only communicate using social media. They don't have official, um, you know, media and investor relations organs that, that are functional.

And increasingly other companies are like that too. I really feel like they got this, that point wrong. I feel like companies really do need to be held responsible to the official statements they're making in their official blogs.

I think that there is certainly a, an a, a sort of puffery that we don't need to be constantly policing what people are saying everywhere. I mean, I, for you, for one, I'm, I'm really tired of companies putting up the, uh, giant SEC disclaimer, uh, slide at the beginning of every freaking presentation as if that somehow protects them or us or anyone against what's going on here. But, um, but that being said, um, we do have to recognize that a, an official company blog post is just as much an official statement from the company as a press release or an announcement from that same person in public or on Bloomberg TV or whatever.

These are official statements, and I think that companies need to be held accountable to them. I would just like to say that Tech strong editorial remains committed to its role as puffery police. We will not pre, we will prevent this.

Yeah. That's who you're talking to, I guess. But look, I, I, the answer to this is, first of all, I think we're going to have to see when Congress drafts laws now empowering agencies, they're gonna need to put some sort of catchall, uh, and there that the agency can do what it means, deem reasonably necessary to further the aims that why you two is empowered.

I think to your earlier point, lawmakers are gonna guard their privileges jealously, and they will put some rules in place to say, we're not seeding all this to the courts. It just, you know, it, part of it also, you know, politically is be nature of wars a vacuum. And I think the courts are seeing a, a vacuum and the ability of both our legislative and executive, uh, arms of government to, to function properly.

And so they're stepping in, but it, it's not necessarily a great thing either. Anyway, there'll be more on this, I guess, over the years, or over the weeks and months ahead. Let's take a break here though, because you know, now we've got this.

Let's talk a little CrowdStrike, Microsoft, and who's the real bad guy? The eu. We'll be back on Textron gang.

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All right, folks, we're back in. The saga continues. Microsoft is saying that the reason that CrowdStrike was able to put an update out that worked at the kernel level is because the EU a few years back created a requirement that said all these security companies have to be able to do that in order to foster ongoing competition.

I don't know. I think that this is not necessarily the root cause of this particular issue, shall we say, but what's your take on what's going on here? First of all, what the EU did a couple years ago was they blocked micro saw from blocking security companies with making any kernel changes to Windows for security reasons, right?

Prior to that ruling, if you were a security company and you started vulnerability, or you weren't to head off potential security issues in Windows, you did not have authority. Even though you might have super admin privileges, you did not have authority to make kernel level changes to the Windows operating system. Only Microsoft could do that.

And of course, when Microsoft Security wanted to do it, they did it. So this gave an unfair advantage to Microsoft and Microsoft security to the detriment of the whole security industry. So then you said, no, it's a level playing field.

Anyone could make kernel changes to Windows given if they have the, you know, that admin rights. That's very different though than saying all security companies have automatic rights to update Windows that a particular user of Windows decides what their update policy is. And I don't think, and I think that's the real reason why this went bad here, right?

Most people today, very much like on our phones, we, we, we give blanket privilege, you know, the update is necessary when updates are available, and they don't do the, the checks and the lab tests before they install an update, especially something as critical as security. And, and so that's really the issue here. So Microsoft blaming eu, yes.

Had Microsoft, had the EU not done that, even if a user said, go ahead, CrowdStrike, update it, they would had been prevented from updating the, the, uh, kernel. But that's not the updates we're looking for here, right? The updates we're looking for here is, is people's ability to just, you know, turn updates on like most of us have on our phone, we update it, will, and, and we don't, you know, we don't test these things before we roll 'em out.

Steven failing the test. Is that the issue? Yeah, I don't know.

I think somebody failed the test and it was CrowdStrike. Um, you know, I, to to the point here on, on Microsoft side, um, yeah, I, I see what they're saying. And this is a clever spin to put on it.

Uh, frankly, I'm surprised that people are calling this, you know, the Windows bug or the Windows crash or something, because, you know, I really feel like, you know, the, the root cause of this is, is in CrowdStrike's hands, it seems like they're the ones who made the mistake. Um, yes, the EU did say that Microsoft couldn't block security companies from making, uh, kernel modules. Uh, and, and yes, that theoretically in an alternate universe where everything went differently might have prevented this.

But remember too, that this was, uh, pretty much outdated versions of Windows anyway. Would those have really been protected from this if, uh, the EU had not pushed against, uh, Microsoft and Defender? And, and to AL'S point as well, um, you know, Microsoft was really acting in a way, um, as both the maker of the operating system as well as the security software here.

And, um, boy would Microsoft have had egg on their face. Not if, but when Windows Defender caused an issue just like this, because of course, things happen, things could happen. I think that this whole discussion of, oh, it was Microsoft's fault.

Oh, it was the eus fault is all misdirection. This is really the nature of things. And, and I really like the fact that you guys are getting right down to the question of, uh, security and testing.

Uh, should customers of CrowdStrike have tested each of these updates to make sure that they don't blue screen every version of Windows, every system that they've got out there? Well, maybe, but these were, um, services. These were sold as a service, not as software and, um, as a service.

Uh, again, the, the, the fault and the, uh, the re responsibility lies on CrowdStrike to make sure that their service performs as advertised. At least that's my take on it. So I feel like a lot of this is, is, um, really misdirection.

I don't think this was Microsoft's fault. I don't think this was the eus fault, and I don't think any of those people would've fixed this problem. So, but this gets to the heart of, of cloud of the whole cloud and SaaS ecosystem.

Yes, I could hire a service, I could outsource testing patches, I could outsource doing the patches. I could outsource my security. I could outsource my infrastructure, but it, I still bear responsibility.

It's still my name on it. It's still my customers who are being impacted. So if you were stuck in Antigua with a blue screen of death showing when your flight is loading, and you said, uh, you know, you start grumbling about Delta, United American, whoever, take your pick.

And they said, well, you know, Mr. Fakin, I'm sorry you're stuck in Antigua for a day, but don't blame us. We, we hired CrowdStrike as our service provider to do this, and they were supposed to do it as part of their service.

You don't give a rats, you know, what about what CrowdStrike was supposed to do? You pay Delta. That's Delta.

You bear responsibility. I don't want to hear Azures out. I don't want to hear AWS is out.

I'm your customer. I, I think it's important to call out Southwest at this point because they were not affected by This thank Dr. 1.

Yes. 'cause they're running such an old version of Windows that, you know, and this is the airline that had their own outage last year. Well, they'll have their own outage outages as a result of that.

But, you know, JetBlue, I, I flew JetBlue this weekend. They were not affected. I don't think they run Windows.

I I think they might be a Linux shop. But, um, in any event, look, it, it could happen. You know, I remember 19, like, excuse me, 2005, 2006, Mitch Ashley and I are in New York City meeting with one of the three global CIOs of Citigroup, Citibank.

It wasn't Citi at the time. Guy named, he's retired now, Peter Fisher. And we asked Peter how soon, like at that time, patch Tuesday was all the rage, right?

Microsoft Rose, how soon do you install your patch? Tuesday patches. He said, oh, 90 to 120 days after they come out.

So a full quarter after they came out. Well, Peter, how do you do that? Why do you, you know, that he said, well, we've made the determination that we have, I don't know, hundreds of thousands of notes, that the risk to taking them down or losing our business is far exceeds the risk of anyone's security patch.

And that they consciously made the decision to do that. Now, that's one extreme patch at Will is the other extreme. Do we need some reasonable, I'm big on reasonable today.

Do we need some reasonable middle ground between those two where, you know, you've got to, you've gotta, you know, try some testing because even CrowdStrike can have all the different configurations that this thing's gonna run it. How long is it nowadays between when I announce I have a patch that the bad guys reverse engineer the patch to drive the exploit? And is the window narrowing the point where more people are tending to patch sooner than later?

And that's exactly the point here. That's exactly what CrowdStrike was trying to do. The reason they pushed out this signature update is because they needed to in order to block, uh, some, uh, exploits that were out there in the wild.

And I don't really blame them for that. I think really the, the core here, like, yeah, I gotcha, I gotcha. By the way, Alan, I think you vastly overestimate the level of it, um, uh, expertise in Antigua.

Uh, there were no blue screens, um, on the island. Uh, at least that none that I saw. Mm-Hmm.

Um, but that being said, there were tons of them in Washington Dulles. Um, they affected all sorts of things. And that to me was the, the core here.

Uh, you know, United is mainframe driven, but they still had outages because, uh, the kiosks and the signage isn't mainframe driven. You know, you know, saying, you know, to have Linux people or Mac people be like, Hey, we weren't affected. That's ridiculous Today.

They weren't Connected world. People who don't use windows, don't touch windows at all. We're affected by this because that's the nature of this thing.

I think we have to address concentration of risk. And I think that you're right, that maybe we do need to start taking a step back and saying, you know, uh, I did select a service provider to manage this for me, but maybe I need to kind of manage my service provider and test things instead of just continually rolling things out constantly. I do have a, I do have a machine at home that was affected, and problem is, is I just can't find enough time to reboot this thing 15 times in order to bring it Back, back up.

That is the workaround was that's what it takes. The workaround is manual and it's not easy for sure. Anyway, again, I don't think it's the eu.

Nice try Microsoft. CrowdStrike, I need you to do better on testing before you roll out patches. We're gonna take another break here on Textron Gang, and we're gonna be back with some good news in the EV world.

You're watching Textron Gang, Welcome back to the Techron Gang. Recently I had the chance to speak with the chief marketing officer of Blink charging because electric vehicles, as we know in demand, and not just in the US but globally. In fact, Jennifer shared with me some expansion they have planned going from Latin America to the US and also how do we alleviate what's known as range anxiety.

Take a look, And this is really recent, that Blink charging is gonna be involved with a company that's funded by Warren Buffett. Can you explain what's happening? Yeah, Really exciting to be selected by the official BYD dealership group, group of fame.

It's one of the largest dealership groups in Mexico to provide ev charging solutions. We currently have level two chargers installed there. As part of this agreement, we'll be providing DCFC, which is fast charging to a couple of their locations.

This is going to be the first ever publicly available D CFCs with GBT ports in that region. That is so exciting, and I know that when it comes to electric cars, I, everybody, I think knows somebody that has one. And then we also know some people that are apprehensive about moving forward with it.

One of the concerns is always the range that you're gonna drive three hours, five hours and run out of battery power, and then you're gonna be in an area where there's no chargers. Can you talk about what's happening to alleviate those fears? Absolutely.

Alleviating that range anxiety, converting it to range confidence. That's what we're here to do. That's a part of our mission.

We wake up every day to support the EV drivers and let them know that we've got their backs, one parking space at a time, one charger at a time. We're here in the market really to provide those solutions to make sure that drivers can get from point A to point B. And we believe that L two charging, so not D-C-F-C-D-C-F-C has its place, but L two charging is the key to achieving that true range confidence.

So expansion for electric vehicle use spaces, a couple of obstacles. One is getting people to come on board, though it looks like according to the latest estimations, we're looking at the usage increase by Sixfold, um, in the next two decades. So eventually it is coming, but the other is connecting the architecture between charging station to charging station and making sure no matter what type of electric vehicle that you have, you can charge it along the way.

And I know, uh, Steven, you have some, uh, thoughts on this topic? Yeah, absolutely. And, and, and electric vehicles are something that I cover professionally, but also personally, I mean, I, my family is 100% ev.

Um, we have, uh, two EVs. I drive one regularly. We're on our third, uh, we have a Tesla and we have, uh, BMWI three, which is like a, a normal, like a Citi ev.

Uh, that's my daily driver. Um, we've had a lot of experience with this and with these charging networks. Um, first of all, I, I do have to applaud, um, efforts like what Blink are doing to expand the network, especially the, uh, DC Fast Charge network.

Uh, blink is, um, a smaller player in the DC fast charge space, but hopefully these, um, expansions that they're talking about are going to have, uh, more availability. That's really the problem. Um, there's sort of different perspectives on charging when it comes to EVs.

And again, as a a, an EV owner and user, I, I can say that there's kind of in, in my mind there's like three phases of charging the, and it, and it kind of corresponds to the, to the three levels. So, you know, level one is basically plug it into a regular outlet at home. Um, my little ev that I drive every day has never been charged by anything other than level one charging in a regular outlet at my house.

Um, and that's been sufficient for literally six years of driving across two different cars. Um, but that's because I plug it in every night, it's fully charged. Whenever I get into it, it only gets like 90 to 120 miles of range and I don't care 'cause I drive 15 miles a day, so everything's fine.

Right? So that's kind of the level one thing. The level two is the, uh, sort of higher power AC chargers that we have.

For example, for the Tesla. Uh, it's a 240 volt outlet, like a washer dryer outlet. Um, we plug it in a couple times a week.

It's able to charge fully overnight, and that's how it is because it's at home. There's also that kind of chargers at destinations. So for example, the movie theater, um, our downtown shopping area, we've been to many hotels.

In fact, that's one of the primary considerations that we look for when on a road trip with the Tesla is does it have a destination charger? Because even though it doesn't charge fast, it'll charge the car fully overnight and we can get back on the road. And that's absolutely brilliant.

And what, and then there's the DC the level three charging, and that's basically what you need to do when you're on a road trip. And that is the hole, the big hole in the American charging infrastructure. If you're not driving a Tesla, then you ought to have road trip anxiety.

I would never take the BMW on the, on a road trip. Last time I did, I arrived at a level three DC charger to find that it was on the fritz. And I had to stay overnight, unplanned because the only thing I could get was a level two charge.

And it took like eight hours to charge the dang thing. I would never take the thing on a road trip. But the Tesla, their supercharging network is freaking brilliant.

So it works perfectly. Never have to worry about it. We took that car a thousand mile road trip, no problem anywhere in America.

There's always charging. It's always quick. It's always easy.

That's where these other brands need to get. And that's what I'm hearing from companies like Blink, like Electrify America. The automakers are getting together to put their own together.

Uh, that's really what we need. We need better DC fast charging infrastructure. And then the other thing that she mentioned in there, um, that I heard kind of zip right past is that in North America, we're actually standardizing on the Tesla, um, physical connector as well as the logical interface for payments that is gonna streamline things and smooth things out so much.

Because if you can just plug in and go, and you don't have to worry, is it, is it gonna fit my car? Is it the right connector? Everything works a lot better.

And also that opens the Tesla chargers to non-test EVs, which again, is gonna be a thing of beauty because their network is so good. As of now, according to the data that I'm seeing, Tesla has more DC fast charging ports than all others in America combined. And that is the thing that needs to be addressed.

That's a great point because if we have that, um, universal architecture that will hopefully get more people to adapt to it. Well, so I don't have a Tesla Mm-Hmm. I, I, but I do have a BMW and, and Steven I three is, you know, a swope, as he called it, urban commuter.

I have a large SUV and I I get great mile. I mean, my BMW fully charged claims to have a range of, uh, 380 or 390 miles real life. But, and, and you're right.

If you're just going 15, 20 miles, 40 miles a day, it's no big deal. I, I do have a fast charger at my house and I charge it in at night. Like I do a phone.

That's a level two charger. Yeah. Level two.

And so I very rarely have taking it on the road. I had the same experience. Steven, did you, there are plenty of advertised, you know, DC charges, which in my case would go 10 to 80%, it'd take my car from 10% to 80% in 20 minutes.

Doable. Two major problems. Number one, a lot of them are broke and they default back to like level one charging.

And then number two, the ones that do work, they're lines and it's like the wild west, you know, people cutting lines. This one left. Hold my spot.

For me, we need tremendous, tremendous, uh, investment in infrastructure. I'd like to see every gas station in America offer a electric charging. How Many, how many households in America can afford multiple EVs to align to their driving habits based on what's required?

Well, but EVs, EVs are becoming, you know, there's not much of a premium these days for EVs versus, but I can't afford gas vehicles. But most People aren't gonna, I I'll point out. No, no.

Alan's right. The average price of an EV in the United States in 2024 is less than the average price of a gas powered car in the United States in 2024. There's not a premium.

Yeah, there's more. And, and most EVs are not. The little, little shoebox that I have, most EVs have 200 plus miles of range for the, for the same or less price than a gas car.

Most people are not gonna have two EVs, one for local travel and one For No. But the, they mo so do most people have two gasoline powered cars Only to their, maybe the husband and the wife to go to work. But, you know, they take one of those as usually an SUV and one is smaller.

And it's the same thing with EVs. That's what Steven has. That's, you know, I think that's a miscon like what, what, what Steven was saying.

I I, I agree. I think that there is a general misconception that, that there aren't as many that you, that it's, uh, obviously there, there are the plenty that are very expensive, but if they make more and different styles to accommodate different people's needs at lower price points, that would definitely help situation. And not everybody's a family.

Right? Right. Most people aren't actually, aren't families.

There are individuals driving around that they're not gonna spring for two cars. Yeah. One of the bigger challenges too is that not everybody lives in a house and can have an, an EV charger at home.

That's right. Mm-Hmm. I think that's the biggest challenge, um, because then you have to start thinking about destination chargers at work.

Um, you have to think about how long that's gonna take. Again, I mean, you plug a, a Tesla into a level two charger, you know, you're looking at an eight hour charge, not a a 30. Well, that's from zero to a hundred.

So, so if I, I'm into a hundred. So if I pull into a destination like a hotel, what can I expect to have in terms of number of chargers available versus number of guests who want to use that? I Do that all the time.

Um, many hotels now have two to four chargers, um, if they have it available, and most of them are actually free, which is absolutely a miraculous. Um, honestly, the biggest problem I have with hotel destination chargers is somebody parked their non EV in that spot, because it's a good spot in the lot. Yeah.

Look, I, I don't think the problems with the vehicles, I don't think it's with the vehicle costs. I don't think it's with the vehicle technology. As Steven said, they have adapters now.

'cause there were only two standards. It was beta max and VHS. Right?

It was Tesla and non Tesla. Well, there Was three standards, but yeah. Okay.

And you know, the real issue is our infrastructure for ev charging. And there's, there's no simple way around it. You gotta invest a lot of money.

You're not gonna invest a lot of money unless there's a payback. Well, um, in the blank charging case that one of the big investors that they're working with right now is they announced as Warren Buffet, who's is invested in their Mexico facilities. So the, the investment is coming and, and the infrastructure hopefully as well.

We'll see. You know, and then we'll uncover the next bottleneck, which is we don't generate enough electricity to power all of these EV infrastructure charging points. That'll, that taken care of.

Yeah. Solar power baby. Okay.

Solar powered level three charges coming to a house near you. Um, hey, it's, it's, uh, it's about that time. Is it, Steven, welcome back and thanks for joining us on The Gang Today.

Thank you for having a topic that I feel passionate about here with the ev charging. I'm sorry to, to, to go at it, but man, uh, you, you, you woke me up from my, uh, my vacation slumber. Take it easy, man.

Alright, Mike, Bev. Excuse me. Bonnie, another B, another B, thank you for joining us today on The Gang.

We'll be back tomorrow with some more gang members, some great news stories. There's no lack of stuff going on out there for us to talk about, but we still have a full day of text on TV ahead of you. Check it out and, uh, we'll see you tomorrow.

This is Alan Hummel. We're out.