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This is not surprising. When Tesla started out they had not much competition. Now that all the other carmakers have entered the market it is much harder to maintain their lead. Tesla losing market share was pretty much to be expected and Musk alienating their customers and the laughable Cybertruck certainly did not help.
So that is why he is donating to the Trump campaign. Best to get in the list of people he wishes to be persecuted sooner than later. Apparently it’s first come first serve.