Last question of the day, tomorrow you'll see two more and the surprise! 🎁
It's from Bryson, and it goes like this: *Can Tesla mantain its valuation if electric vehicle competitors ramp up production?*
*Yohay Elam* expects *Tesla to lose ground* for three reasons:
1. *Ongoing competition by BYD and other Chinese brands*, which will be followed by competition from Western automakers.
2. Elon Musk has been falling out with Trump, as seen by the clash over Stargate, an AI initiative. *Part of Tesla's price reflects Musk being close to Trump.*
3. *Oil prices are under pressure*, which means heavier competition from non-EVs.