For sure - Tesla is still building some interesting tech (even though I personally hate the UX concepts and design principles that go in those cars) that is interesting to some, maybe even many.

But - their technological leadership (mainly drive train/battery tech) will not last forever, and more and more legacy automakers are now coming to market with attractive EV options that might appeal to a more conservative audience like myself.

It doesn't help that Tesla seems to be developing more and more for the tastes of one egocentric person instead of mass market appeal (the "Homer" comes to mind) - Sure, there's people that love whatever Tesla is doing with the yoke, stalkless design, the games, the fart modes and whatnot, (as well as the screen focuses UX that is divisive) but that's not mass market appeal.

I think the next three years will be a hard time for Tesla, especially in Europe - their cars are simply not adapted well to the European market at the moment, and good alternatives are coming to market at an ever increasing rate.