Hey everybody Rob Maower here and today we're talking about some of the newer details

coming out on model Y as well as of course the ongoing situation in the

macro environment. But we'll start off first with Model Y. As more owners are working through

the delivery process, some more details are emerging and one of those

details comes from the motor vehicle purchase agreement haven't really seen

this covered anywhere but I thought it was pretty interesting because in that

purchase agreement it actually breaks down the model Y by each of its options as in that

it actually breaks down the model Y by each of its options and that means it breaks it down all the way to the base price for a model Y,

which actually is not listed on Tesla's website right now

because they're not yet selling the standard range

vehicle until early 2021. So TMC member Roborets shared their purchase agreement

for their model Y and it breaks it down with base price starting at $41,000 and then layers in 19,990 for the long-range

all-wheel drive performance option and then on this specific one another $1,000 for the metallic paint.

Knowing that base price is $41,000 is pretty interesting in and of itself,

but I think it gets more interesting when you actually compare this to the model 3 purchase agreement and the pricing across the lineup.

For example, the model why performance begins at $61,000 versus the model three performance at $57,000 and

then the long-range dual motor all-wheel drive model why starts at 53,000.00. The long-range dual-motor all-wheel drive model Y starts at 53,000 versus

49,000 for the model 3. So in both cases there a $4,000 price difference, but then

when we think about this $41,000 base price for the model why that doesn't compare as easily.

When we look at the motor vehicle purchase agreements for model 3 and this is a

recent one from just a couple of months ago. We find that same structure but on the

model three they list the base price as the $35,000 standard range model three

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