I need some information about tie rod end construction

The left pic shows the stud, integral to a small ball at its base, swiveled outboard, and the right picture is swiveled inboard. Net travel at the top of the stud about 1/2". Now, understand all that is encased in the much larger ball that you can clearly see, and that of course, swivels to a greater degree. That's two ball and sockets!

Bear in mind there's no slop, and no "up or down" movement. Should I call it good? I take it no one has noticed this before?

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The inner piece you're seeing is the bushing. My guess is, if you wipe it off, it may be white plastic.