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Comment by parineum

13 hours ago

I'm aware of the reason. Their market share is, nonetheless, up. That's still good for Tesla, their sales remained constant while people stopped buying other EVs.

Edit: Constant is the wrong word. Resilient or consistent is what I was trying to say.

Competitors leaving the market means less competition which is a good thing for Tesla. If the market for EVs returns in the future (if, say, the next administration reimplements the incentives), Tesla will be there to reap the benefits.