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It is and isn't. Tesla's downward spiral gets more media traction than other companies but that doesn't change the fact it is in a downward spiral. I may be one of the few people that read Tesla's recent financials and they are completely propped up by two things: Tesla holds a lot of Bitcoin which increased in value and other companies buy carbon credits from Tesla which is a large source of revenue for them. If either of these two things were to change, Tesla would be in a very bad situation. Rumor is that Trump is trying to kill the entire carbon credit thing. This would be a disaster for Tesla.