Tesla’s (NASDAQ: TSLA) stock is under pressure because its CEO is busy down-sizing the U.S. government while its business faces numerous headwinds. Not only are the policies he supports and enforces detrimental to the EV market, but he’s alienating his customers. They are protesting at Tesla sites, trading in their vehicles at a record pace, and adversely affecting the outlook, generally.
Tesla wasn’t expected to have a robust year, but now, even the tepid outlook is in danger as it loses first-mover advantages and favorable consumer sentiment. We have to assume that Tesla’s loyal customers aren’t buying new cars like they were, and there are other problems, such as the recall of the Cyber Truck and the increasing competition. Here’s a look at the top three positioned to take share from Tesla in the U.S.
