Because there is no moat or first mover advantage anymore, Tesla is in trouble. When I was in China, I drove Zeekr, BYD, and Avatar, and I can tell you that they offer products that outperform Tesla on almost every metric like price, quality, ergonomics, etc. Tesla will soon lose even more market share worldwide. The only thing keeping them afloat in the U.S. is tariffs, but outside the U.S., it’s pretty much over.