We had lots of modeling that showed the payback around FSD [Full Self Driving] and Robotaxi was going to be slow. It was going to be choppy. It was going to be very, very hard outside of the U.S., given the regulatory environment or lack of regulatory environment.

I wonder how they originally thought it would roll out?

Somewhat related, but did anyone see the EV event in China a few days ago? Have any opinions?