This is a MASSIVE power-move from Tesla - all other EV's suddenly look expensive, ICE, who would buy and ICE with a MY at this price and tax-credit?
As for existing orders, prices in Belgium were way higher than other EU countries, now they're put them more in-line with the rest so the drop in my pending MYLR Quicksilver is €12k less, I hope they price-match that because the value of out M3P also dropped by 10%, so we'll get less trade-in and have to find more money to make the change
I also expect short-term dip, but longer term will recover to a decent SP pretty quick - don't forget that Tesla raised prices a lot in the last couple of years based on supply-chain and logistics increasing cogs. Both of these are now lower, disruptions have eased, cogs is less, the impact on margins will likely not be as bad as some fear and then there's the reported ramping and huge margins on TE that Wall Street has no clue about
Q4ER can't come soon enough...