Hey everybody, we're out of the hour here and today we're talking about a new round

of price increases on Tesla vehicles.

We've also got a couple of reports on demand, news on FSD beta, an update from Giga Texas,

some news on Elon Musk, a couple of other items, and of course we'll talk about inflation

here in a second.

So, Tesla on the day-to-day down 2.4% to $838.30, the NASDAQ down about 1%.

Both trading in the red all day after the inflation report came out this morning, though,

a little bit of recovery this afternoon.

We'll start out with inflation, so as we talked about, the consumer price index report

did come out this morning before market open.

These are the numbers for February during which the CPI increased 0.8% from levels in January

and 7.9% year-over-year.

That was quite a bit higher than the trading economics consensus that we had talked about

yesterday, but that must have just been out of date because Bloomberg today said that

that matched the projections that they compiled from a survey of economists.

Still, it is a big number, so if we look at the month-over-month change that 0.8% increase

from January, that is the third highest month-over-month increase in the last year.

We've obviously known that year-over-year inflation is going to continue to be up until

we start comping off those higher CPI numbers from last year, so the month-over-month number

is more what I'm curious about at this point, and that is not showing any signs of inflation

slowing down yet.

Looking at the year-over-year number, we can clearly see that this is the biggest percent

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