Regardless of how off the Ford comparison was, Tesla's P/E ratio is crazy. It peaked at over 1,000 a few years ago and has since been hovering around 50. Toyota's is around 10. Ford's tends to bounce around 7. I know P/E ratio isn't everything, spare me the lecture, but it's a pretty good indication of what kind of growth a company is expected to achieve. Because if the company isn't going to grow like a rocket, I can buy a share of profit for cheaper elsewhere.
As of a while ago, Tesla hasn't had the profits or the growth to justify a trillion-dollar valuation, which exploded after some incredible promises in 2020 (around the time of the "financially insane not to buy a Tesla" speech) that just haven't panned out. So this idea that libs are colluding to force down the stock price is ridiculous. Reality is just catching up to them, and investors who initially hoped robotaxis and appreciating cars would 10x Tesla's revenue are now engaging in wishcasting and sunk cost thinking to justify why they weren't getting gypped when they bought at $300 a share, and if they HODL for long enough, Tesla will moon at $1000 a share...any day now. At least they've got something, unlike everyone who was promised a free Roadster 2 under the referral program.