Nobody cares about Elon. It's like saying Coca Cola's share price is being determined by children at american universities. It's just delusional.

The reason they are getting killed, is because their products are now worse than the competition. They had a huge lead on everyone for years, then everyone caught up. Now you can get a car with the same range, with a HUD, with massaging chairs, with swivelling 360 seats... or you can get the same tesla car they've been making for 10 years.

While I don’t disagree with your point on lineup and quality (and they’ve cancelled a new car model to work on humanoid robotics‽), I think you’re underestimating the Elon effect.

Basically everyone I am close with is in the demographic Tesla targeted pre-rightening-of-Elon. All of them would’ve considered a Tesla at that point in time.

Now, none would. And of those with Teslas - very satisfied with their cars - none are replacing them with Teslas.

I just bought an Honda Pologue and didn’t even test drive a Model Y or X. We recently got solar installed in our house (also the right demographic for that…) and didn’t even look at quotes for Tesla systems.

Sure, I live in a left wing bubble, but it’s that same bubble that was (enthusiastically) Tesla’s prime demographic ten years ago.