Is There a Seismic Shift Out of China?

There's been a lot of narrative about how companies are moving their supply chain out of China, including Elon Musk. How much credence do you put into this? Is this just anecdotal, specific incidents that don't really move the dial? Or is there a seismic shift out of China to insulate some of these companies from the geopolitical risk? Yeah, normally it's smoke and mirror type beltway talk. But we're seeing it across tax. I think ultimately that's why I believe along with Apple, most transformational companies in the market.