I wonder if this coincides with Musk getting into politics? Never a good choice to alienate half your customer base. Michael Jordan famously said he never got into politics because "Republicans buy sneakers, too."

Which is exactly the problem.

The stock is priced on expectations of how many humanoid robots they might sell over the next decade.

Those expectations in turn treat humanoid robotics as if Tesla is the only game in town, when Tesla's Optimus is not yet available for purchase and other companies already ship.

Then someone brings up the value of Tesla's AI to those robots, and here's my response to that to save re-writing it: https://news.ycombinator.com/item?id=46799603