Elon Musk’s Tesla will be an also-ran in the global EV market within a decade

Tesla is still the largest EV seller in the world, but only by a tiny margin.

The company’s best-selling models are extremely old by auto market standards, other automakers are putting up stiff competition.

The only new model in half a decade is a flop, and Musk 's right-wing antics are poisoning its sleek, environmentalist brand.

Tesla ’s best hope, as I see it, is to leverage Musk 's connections to Trump to extract subsidies from the government, or harm his competitors.

Even Japanese manufacturers have been caught flat-footed and are bleeding market share.

But in terms of business fundamentals, Tesla may have already peaked.