I don't think it will change anything for Tesla, unless it lowers their costs through lowered tariffs somehow.

TBH, Tesla is in a tough position with their EVs in NA. They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k would negatively impact their existing product sales. The base Model 3/Y are too expensive compared to ICE and have met tepid reviews because of their slightly odd mix of price and features.

So they've chosen instead to focus on autonomy and car hiring. I can't blame them for that. There's a huge potential for recurring revenue in that space and they've been positioning themselves to be in an excellent position to capture a lot of it over the next five years.

Id rather it force him into bankruptcy, but i would settle for slimmer margins.

Tesla will instead announce $20K AI-powered flying cars on Venus instead, available next year.

Almost every model they released was cheaper than the last, and that was Musk's open plan.

They can only compete with a subsidized product with their own subsidized product. The car company that exclusively makes EVs went all-in on the party that promised to destroy EV subsidies. Who's he going to beg to, California? They hate him too.

I'm hoping brands like Ford, GM, Toyota, ... take notice. The big names that make a lot of cars don't have a cheap option.

Tough part with China is that Tesla could fully replicate all chinese EV businesses and still be more expensive without government subsidies and currency devaluation.

Not good for the brand to chase byd on price