This section is particularly eye-opening:

"Tesla remains the world’s most valuable automaker with a market capitalization of about $468 billion. It’s still the biggest name in electric vehicles, with 51 percent share of the market in the US, according to Cox Automotive. But that’s down from 65 percent in 2022, as more automakers beef up their EV lineups with viable alternatives and Tesla’s competition heats up.

But more models haven’t translated to more demand. Almost 269,000 electric vehicles were sold in the US in the first three months of 2023 — a 2.6 percent increase year over year but a 7.3 percent decrease from the previous quarter, according to Kelley Blue Book. Price remains a major obstacles, as does charging and, of course, politics."