When they’ve blown more than a third of their market lead with poor build quality, poor customer service, and a CEO that is actively pushing away both consumers and advertisers? Yeah I do think that’s blowing it. They had a golden goose and then they kicked it enough times that it’s stopped laying eggs.
And yes, other EV makers are outstripping them, that’s how they lost nearly 30% of the market share. That’s a third of the entire market for EV cars, that they previously had in their pockets. Not outstripping in sales, yet, maybe - but the build quality and reliability (or rather, the notoriously poor quality and unreliability of Tesla in particular) are pushing customers that direction in record numbers. Name me any other company that lost 30% of their market share in two years and called this fine. I’ll wait.