Lowering MSRP is significant—those changes tend to be stickier. They were also global, including places that didn't have the steep inventory discounts.

Just noting that it complicates the 'slashing prices' narrative, when many customers are experiencing this as a price ↗️

NEWS: Tesla cut its 40 person US growth content team last night, including Alex Ingram who started building the team out ~4 months ago. This was part of Musk's early move on traditional advertising and placing $TSLA content on other platforms/here on X. Story Bloomberg Terminal, coming…

A battery recycling plant that is 100% electric powered, uses no local water, and is cheaper than mining the metals.
Leading the world, worth knowing about: bloomberg.com/news/features/…

Absolutely essential read from Tom Randall about the incredible battery recycling efforts of Tesla co-founder JB Straubel's Redwood Materials, the awesome progress the company is making, and how it could help transform America's domestic EV supply chain: bloomberg.com/news/features/…