Hello, welcome to the Edgents Carcast Podcast.

I'm Matt the Motorator DeAnder here with Alistair Weaver, and we'll be welcoming back to the show, Jessica Caldwell.

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Jessica is the head of insights at Edmund. She was on with us a few months ago and we got into a conversation about a leasing and buying and negative equity and what that means.

So we'll touch on that and kind of get a recap of where we are currently because you guys

just ran a bunch of numbers, basically, again, and you can explain that.

But before we get into that, there was some interesting news about Tesla.

Tesla saying they've rebounded on some sales and some other things.

But maybe we should start there, Alistair.

What do you understand that you gather from Tesla's?

What's the takeaway from their announcement?

Well, I think Tesla remains the great unicorn in the EV market, isn't it?

No matter, it seems to whatever Elon does to damage their reputation, whatever, whatever

happens, they somehow just keep going and the share price keeps an extraordinary high level.

The big takeaway for me, which I thought was particularly interesting,

is they were saying that the roadster, if we ever see it, I mean, I think that's been promised for about

10 years now. But on the assumption that we eventually see the roadster, they're saying that's the

only Tesla in long term that you will drive yourself, everything else, we're going to double down

on autonomy, and that this is going to come the way

of software updates, which software updates on most of the vehicles. If you own an older Tesla, you'll

...