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Pivot

Trump’s Putin Call, Inflation Rises, and Sam Altman Strikes Back at Elon Musk

Fri, 14 Feb 2025

Description

Kara and Scott discuss President Trump’s call with Vladimir Putin about Ukraine, inflation rising 3% in January, and Elon Musk’s Oval Office appearance. Then, Sam Altman has some harsh thoughts about Elon Musk following his bid for OpenAI, an AI deal between China’s BYD and DeepSeek threatens Tesla, and the AP gets punished for deadnaming the “Gulf of America.” Stick around for Scott’s prediction on Tesla. Follow us on Instagram and Threads at @pivotpodcastofficial. Follow us on Bluesky at @pivotpod.bsky.social. Follow us on TikTok at @pivotpodcast. Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Audio
Transcription

Chapter 1: Who are the hosts of the Pivot podcast?

752.081 - 769.896 Scott Galloway

And if you really get to the nut of it, the thing that drove a lot of this kind of uncomfortable number, and it's probably the reason why the Fed is now pulling back on what they thought were going to be rate or the market thought anticipated to be rate cuts, is is shelter. Housing costs, including hotel and motel rooms, rose 0.4% last month.

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770.597 - 793.304 Scott Galloway

And I've always thought that... And the Democrats need to get off their heels in whining and bitching and being outraged and get onto their toes and start proposing some really dramatic, forward-looking... Because I think one of the reasons we lost CARA was that we were seen as a party of the past and everything's fine and let's hold on to our tradition. Yeah.

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793.605 - 795.808 Kara Swisher

I sent you that essay. Did you get that essay?

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795.908 - 797.009 Scott Galloway

I don't read anything you sent me.

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797.23 - 797.51 Kara Swisher

Okay.

798.351 - 808.96 Scott Galloway

It takes too much time, and it's usually exceptionally—it's like 140— Well, you're articulating exactly what that piece said, but go ahead. 140 pace smeared over very woke toes.

809.241 - 809.641 Kara Swisher

Okay, okay.

809.661 - 810.902 Scott Galloway

140 IQ. It's very smart woke.

810.922 - 813.484 Kara Swisher

It's not woke. It was like in economics. Anyway, go ahead.

Chapter 2: What is the significance of Trump's call with Putin?

2233.407 - 2254.603 Kara Swisher

Yeah, I don't think they necessarily steal every minute of the day. But there is that. But these cars are very different than anything I've seen. So it's not like they're copying, right? They're sort of copying. But there's also innovations around it that I have never wanted to buy a car more than a BYD car. And I love my Ford BYD. I love my Bolt, as you know, and I think it's adorable too.

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2254.623 - 2259.83 Scott Galloway

BYD sales plummet. Day after podcast. You have the worst taste in cars.

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2259.91 - 2262.754 Kara Swisher

I know, but have you seen them? I like they're inexpensive. They're beautiful.

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2262.814 - 2263.375 Scott Galloway

They're super cool.

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2263.395 - 2274.501 Kara Swisher

They're beautiful and they're cool. And if you're a young person, you'd want one. 100%.

2268.26 - 2274.501 Scott Galloway

In a second, they look like, I don't mean they're, they're kind of like the- It's like the new VW bug, but with technology.

2274.541 - 2288.184 Kara Swisher

It's a Uniqlo of cars. Great analogy. You know, like whenever I go to Uniqlo, I buy 10 shirts. I like, they love them. And I have to say, I love them. I don't think I'm using them as just throw them out. They're just inexpensive and adorable. I just, I mean, I look adorable, by the way.

2288.384 - 2294.425 Scott Galloway

It's the car equivalent of fast fashion. It is. We have figured out supply chain to just bring you something for dramatically less money.

2294.925 - 2312.642 Kara Swisher

And as long as they figure out the safety, which they'd have to in this country. I agree. I think he's just, here's the deal. Musk does not make cars that are interesting anymore. That's all. It's an interesting car. It was an innovation. He hasn't, you have to update these things for consumers. And he does, I don't think he cares about the cars anymore. That's my feeling.

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