Yeah, I think Tesla would be in approximately the same position if Elon never jumped into the political fray. Their market cap has been beyond ludicrous for years. Any slowdown in sales was due to crater the stock.

The Cybertruck is a turd, driverless cabs seem still not that close. The early adopters all have EVs and sales growth as a whole has plateaued. Other automakers have greatly improved their offerings, and Tesla's vehicle quality and fit-and-finish have both remained poor. The EV tax credits are probably going away soon.

One doesn't have to tip the scales against them at the moment.