Comment by protastus
Because it looks like Elon recognized Tesla's inability to compete against BYD and gave up making cars. This is negative.
Since he couldn't leave it at that, he announced a pivot to a product that doesn't exist. This is also negative.
How did he give up? The model Y and the model 3 were refreshed last year. With the model 3 now pushing 750km of range.
Ford got rid of plenty of popular models including all hatchbacks and many sedans.