Got a grand burning a hole in your pocket? We’ve got two ideas for you. You could drop it on a preorder for the Tesla Model 3, the affordable electric car Elon Musk’s been building for a decade. Or you could buy the new iPhone Apple’s (probably) going to (likely) announce (reportedly) this fall. Michael and Arielle discuss both, first with Jack Stewart, who attended Tesla’s launch, and later with David Pierce, who has strong feelings about iPhone prices. Spoiler alert: Both new gizmos are cool, but so is a thousand bucks.

Some notes: WIRED’s coverage of last week’s Model 3 launch, which Jack drove. David’s piece on the super-expensive upcoming iPhone. David’s recommendation: Wonderputt. Arielle’s recommendation: Reply All, especially the Long Distance miniseries. Mike’s recommendation: the Lodge L9OG3 cast-iron griddle.

Send the hosts feedback on their personal Twitter feeds. Arielle Pardes is @pardesoteric, David Pierce is @pierce, and fanny-pack-loving Michael Calore is @snackfight. Bling the main hotline at @GadgetLab.