1st qtr is usually a weaker qtr and Also due to the long Chinese new year holidays. Musk indicated they wanted to grow 50 percent is on a multi year growth path and not expecting every qtr to beat 50%. Many analyst like to put words in his mouth to put thr company in a disadvantaged position. The fact of the matter is Tesla has delivered multi year growth of more than 50%. Many companies if not most cannot even comes close to its achievements and profitability. Be real. Stop asking for the sky. This is a good set of result and it will only get better going forward.
The so called competition is merely otherr makers losing money to sell EVs. With every EV sold, Tesla makes and other makers loses. The only way it's losing money to sell less a vehicle to the tesla's side. For mass adoption, the competition will now only belong to Tesla. Tesla is vastly undervalued as with the EV business only per se, the so called competition is already few and less In between. We are not even talking abt FSD, robotaxi, energy, AI and robotics. If execution is smooth and executed well, Tesla has a good chance of becoming the most valuable company in earth.