Say what? 3% in Europe and 0% in the USA isn't exactly killing it!
Tesla isn't going to drag down tech. QT, high rates, and other economic conditions including those in Japan and China could.
Tesla is likely dropping prices because they have a much leaner sales process than traditional auto companies. They sell directly to consumers vs selling to dealers who then sell to consumers. They are very likely a good leading indicator for what is likely going to happen across all car companies.
Meta- ad rev mostly
Alpha- mix of ad rev, cloud services, SAAS, etc
MSFT- SAAS, cloud services, ad rev, software sales, etc
Where exactly do those overlap with Tesla?