Tesla is doing fine. I think the problem is the legacy automakers, not the EVs.

Yet EV sales are soaring worldwide.

https://www.businessinsider.com/ev-sales-global-north-americ...

The failure is GM.

25% of global annual auto sales are EVs as of 2025. 50% in China, the largest auto market in the world. This will only accelerate. Norway is already effectively at 100%, the rest will follow in time.

US legacy auto is just squeezing profits from what’s left until they turn out the lights. EVs didn’t fail, the US automotive industry did.

https://ourworldindata.org/electric-car-sales

https://www.iea.org/reports/global-ev-outlook-2025/trends-in...

https://electrek.co/2025/12/17/25-percent-of-new-cars-sold-g...

https://ember-energy.org/latest-insights/the-ev-leapfrog-how...

https://www.cnbc.com/2026/02/06/automakers-ev-china-ford-gm....

https://electrek.co/2026/02/03/even-after-cutting-ev-incenti...

On the American Spectator:

https://en.wikipedia.org/wiki/The_American_Spectator