Why Shares of Tesla Are Tumbling This Week

The transcript discusses competition concerns for Tesla, particularly from tech firms and its exposure in China. It examines Tesla's recent stock movement, attributing it to technical factors and market retrenchment. The discussion also covers Model 3 production and market expectations, noting no fundamental changes in Tesla's roadmap. The competitive landscape is analyzed, highlighting the crowded space with players like Apple and Waymo, and questioning Tesla's future dominance.

What is the significance of the Waymo announcements mentioned in the text?

What does the speaker imply about Tesla's future in the competitive landscape?