The interesting part of the story is not so much that Tesla is losing – it’s who is winning. Electric vehicles are in MASSIVE demand throughout the world. The USA has responded more or less by putting an iron curtain in place against BETTER electric vehicles produced elsewhere. Sure, our governments use some scary words around Chinese imports, but look at their cars in isolation, especially BYD. By almost any metric you can imagine, BYD products are superior. The USA is temporarily putting their head in the sand about China. However, make no mistake, in other markets where there is FAIR competition, America’s lunch is getting eaten. This cannot go on forever. Hopefully our US auto producers get their heads out of their ass and start competing instead of relying on tariffs to level the playing field. Tarriffs can make Tesla competitive domestically, but if you want to dominate the world, this is almost certainly not the way forward.