As a reminder, we are providing these incentives primarily using third-party banks and financial institutions and recognize the cost of these incentives as an upfront reduction to revenue. We released FSD for Cybertruck and other features like actually Smart Summon, like Elon talked about, in North America, which contributed $326 million of revenues in the quarter. We continue to see elevated levels of regulatory credit sales with over $2 billion of revenues so far this year. To expand on this at an industry level, China continues to outperform U.S.

and Europe by a factor of three. And if there is something to be learned from that, this gives a signal of what is to come in other regions. As customers' acceptance of EV growth, we feel that is the right strategy to build affordable and more compelling leads. Our focus remains on growing unit volume while avoiding a buildup of inventory.