X @Elon Musk

Product Improvement & User Experience - Morgan Stanley analyst Adam Jonas replaced his 2021 Model Y with a new 2026 Model Y, noting significant improvements in design, materials, finish, and suspension/ride [1][2] - The analyst highlights material improvements in FSD (v13.2.9) with HW4 compared to his previous Model Y with HW3 [2] - The in-car experience of X's virtual assistant, Grok, is a major upgrade, enhancing user experience [2] Purchase Motivation & Sales Process - The analyst was compelled to upgrade due to the expiring $7,500 Federal EV tax credit (36-month lease) and the offer to carry over his FSD subscription [2] - The Tesla buying/leasing process is remarkably easy, described as easier than buying a bicycle [2] Analyst Perspective - Adam Jonas is a $TSLA analyst at Morgan Stanley [1][3]