ggr, gross gaming rev nuf in macao was up in december.think about the performance of las vegas sands -- china's been a ball and chain around, you know, the foot of has says gaened is as this is a great opportunity. i think also investing in macao is one of the best opportunities in greater china investment here and we have seen very strong recovery we will see strong recovery. and it's what we've heard there, getting back to kind of pre-covid levels and percentage of where they were on ebitda i'm a long-term investor in vegas sands. i stay there >> by the way, we're getting more headlines out of the htesl conference call. elon musk said production of the next gen vehicle will happen in the second half of 2025 and production ramp will be challenging. that's the word that he's using on this conference call. we're getting details on cap x, he expected capital spending to exceed $10 billion in 2024, again, the company already said they're going to be ramping this next generation vehicle platform in 2024, which is why they're saying that 2024

. >> 65% of ebitda is macao. i do think they will see a continued recovery. that is expected to grow 25% year over year. as that happens the numbers will go up and the target prices coming down will reverse. i also like their cash flow position and the $2 million buyback position as well. it's a china recovery play. you know where i stand on that. >>> let's get the headlines with pippa stevens. >> the federal appeals judges appeared skeptical of trump lawyer arguments claiming presidential immunity at today's hearing. trump, in attendance, wants the appeals court to overturn the trial judge's ruling rejecting immunity claims when he allegedly undermined the 2020 election results. meta announced it will set content controls for users under 18 to the most restrictive on instagram and facebook. those settings aim to prevent teens from seeing or searching topics such as self-harm and eating disorders even if the content is shared by someone they follow. the updates will roll out over the coming weeks. >>> and miller light wants you to remember what beer tastes li

they expect tourism levels with macau macao back up.ird quarter, it produced more than a billion dollars in revenue 96% okccupancy with room rates running at $700. we may get details on sa sands' hopes for an increase >>> and atleman's family is planning to buy the mavericks from mark cuban. it's interesting between sports and casinos and texas where there are no casinos -- yet. >> be sure to catch the in tear view with rob goldstein tomorrow at 2:00 p.m. eastern. >>> we cannot forget tesla shares are down as it prepares its results. key will be the demand picture and how profit margins have been impacted by recent price cuts. tesla is looking to start production on a new crossover e v-code name redwood by 2025. let's get the latest on this our friend of the show, all-around good guy, frank, nice to have you here. >> good morning. >> we've got to talk about recent troubles with tesla we mentioned tesla down 3% year to date, facing price wars in china and europe how are you seeing this quarter? >> yeah, i think you have to embrace this e

. >> investors are not giving you any credit for macao reopening or the rebound in singapore. the shareprice means there is a great bike opportunity and so we did. >> patrick rocked and $750 million. keep buying shares because we believe in our company. >> you talked yesterday about the new york opportunity and the texas opportunity, las vegas sands doesn't have domestic operations in the united states and i know you have put tens of millions of dollars into both of these estates and lobbing for a license. can you give me a sense about how you think about the development and the way that might ensure that eventually there is a casino license? >> you're talking about new york? >> new york and texas. we are looking forward to building a development there. >> we would like to be in both places, but new york is in process. the governor alluded to it this week is perhaps a decision 24. we have required the coliseum that affords us the ability to build a true destination resort of scale and importance and provide tens of thousands of jobs both construction and operating jobs. we wan

on that last point macao please oh make any mistake use of ai models with biased data to detect cyber fraud detection may have significant consequences. ai is just a model that uses data and we never really figured out that data considerations and so the ai models will have the same questions and concerns that we have around data use and decision-making that we've been asking ourselves for 20 years. if ai systems are fed garbage data, then it will produce garbage outcomes. in closing, the pace at which ai is being adopted into fencing is breathtaking. as we embrace its benefits we must also be vigilant against its risk especially cyber crimes. the recent executive order by president biden emphasizing the management of synthetic content and labeling of verification of ai generated media is a a sten the right direction. however, more concentrated efforts are needed at both the federal and state levels, and the role of congress cannot be understated. we must codify and standardize undefined aspect of this technology in order to respond to negative use cases. states will continue to forge