Hey everybody, Rob now we're here and today we are going to be talking about a report

of some aggressive growth strategies from Tesla in Europe, we've also got new price changes

from Tesla in the US and China, some news on Tesla Solar and a few other items as well.

Kind of a bumpy day for Tesla stock today, but ultimately finishing down just below 1%

to $160.31, while the NASDAQ was down 1.1%.

No banks continue to raise concerns in the market a lot of those stocks down pretty

significant going today, PEC West being halted throughout the day, Estability continues

to be in question as we head into the FOMC meeting tomorrow.

Right now, interest rate expectations are not much changed from earlier this week, CME

Groups Fedwatch tool putting expectations at about 85% for a 25 basis point increase.

Alright, we'll start off here with Tesla's price changes, we're actually talking about

price increases this time around on the Model 3 and the Model Y. These happen both in

China and in the United States, looking at the price tracking table for the US, we can

see that the Model 3 and Y both had $250 price increases across all trims.

Pretty much the exact same scenario in China with the equivalent of a $290 increase on

all 3 and Y versions there.

So on the Q1 earning scale, we heard Tesla talk about how they are always evaluating orders

in real time and using that to inform pricing decisions. Hopefully price increases means

Tesla is more confident in the order rate going forward. However, because this is just

kind of a flat increase across all versions of the 3 and Y and happening in multiple

regions, all at the same time, it seems a bit less likely that this would be an algorithm

driven type of decision, which would probably yield a little bit more variability in the

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