TESLA SPENDS WEEKEND CUTTING PRICES OF CARS AND FSD SOFTWARE

Summary from the TLDR newsletter

Tesla has cut the prices of its models across China, Europe, and the US. Full Self-Driving is now $8,000 in the US. In China, the revamped Model 3 is now 241,900 yuan (~$32,000), down from 245,900 yuan previously and the Model Y was discounted to 249,900 yuan (~$34,500) from 263,900 yuan. The cheapest Model Y in the US is now $42,990. Tesla is facing several challenges, including a recall of almost 3,900 Cybertrucks, sales drops, interrupted production schedules, and more.