On the agenda today:

• Inside the wild, drug-fueled world of celebrity lectures.
• How Amazon wants managers to address pay concerns.
• Why many real-estate agents won’t survive the housing crunch.
• Mark Suster became the star of LA’s startup scene. Not everyone is a fan.

Teslas are cheaper than ever

The EV company has dropped the prices on Tesla models six times since the start of 2023, with the Model Y now available for less than the average car once tax credits are taken into account.

That’s helped Tesla drive demand, with first quarter deliveries up 36%. But first quarter earnings last week showed profits plummeting. Tesla’s stock dropped around 10% last week.

The billionaire might just be turning to his one remaining advantage in the EV business.

Mercedes-Benz has taken a lead on autonomous driving. And while Tesla’s been slow to release new models, rival carmakers have revealed flashier, more exciting EVs. But Tesla can cut prices and still deliver profits, something rival automakers struggle to do in their EV businesses.

While Tesla investors are worrying about profits, Musk’s rivals have their own reasons to be concerned, Stephen Beck, founder and managing partner of consultancy cg42, told Insider.

“I’m sure most competitors are going ‘oh, man, come on,'” Beck said. “This makes their road ahead a lot more difficult.”

Plus, Chinese automakers are giving US car companies a run for their money — which could force the likes of Ford and GM to make some hard decisions

Wild world of celebrity lectures

From the outside, it may seem like an easy gig: turn up, give a canned talk, and walk away with a big paycheck. But as the writer and former speech booker David Kushner reveals, the lecture circuit is much wilder. Kushner recounts stories of his time with celebrities from Spike Lee to Hunter S. Thompson and gives you all the dirty details of the Big Talk industry.

Go behind the scenes here.

Those are among the many talking points shared in internal guidelines that list prospective questions and answers for Amazon managers to review before discussing pay with workers.

More from our scoop here.

• Read the Q&A guideline Amazon shares with managers on how to answer pay-related questions from employees

As rising interest rates spook both buyers and sellers, real-estate agents are now fighting over a dwindling pool of listings — and many won’t survive the housing crunch.

More on the Realtor washout.

• Landlords who bought thousands of apartments are facing a reckoning

But his abrasive, take-no-prisoners approach has alienated some founders and investors who say they found him aggressive, condescending, and ego-driven.

Read our full story here.

Goldman, WFH, & more

• The real reason bosses are freaked out by remote work.
• What Goldman Sachs’ first-quarter earnings mean for CEO David Solomon.
• Want a fixer-upper in Japan? You could nab a country house for just $25,000.
• Twelve percent of managers say they’ve fired a Gen Zer in their first week of work.
• Take a look at the wildest designs by Larry Page’s failed flying-car company.
• Leaked docs show Shopify’s plan to use ‘stealth spear-fishing’ recruiting tactics.
• CEO who went viral for “pity city” comment on bonuses apologizes to staff.
• See the 113 most powerful people at Warner Bros. Discovery.