You assume they will innovate better than their competitors. Their cyber truck is shoddily built, can’t tow loads properly, can’t get certified for road worthiness in the UK or Europe and has a litany of safety problems.
In the meantime, BYD just announced an incredibly fast charge time on their new vehicles Tesla can’t match.
They just happen to have real problems to get profitable. The big difference is that other companies are expected to earn money while Musks somehow just don't have to.
Autonomous driving is being implemented with LIDA in many cars, Musk’s cars can’t see through fog.
Battery tech is now old news - every car company is doing this and making huge leaps in battery tech. Charging connectors are a dime a dozen now - at least BYDs don’t have flaws like the Cyber Truck where the plug literally gets stuck in the Tesla and majes it immobile.
Most car manufacturers have OTA updates in various models of cars now.
Ever tried to repair a “gigacasted” car?
But you were talking about recent innovations, which haven’t been taken up by other car companies. Could you name some?
I can list the opposite of innovation in Tesla cars: unreliable cars, unsafe features throughout the cars, no LIDA sensors and only cameras, large numbers of fatalities involving self driving Teslas, problems with sticking brakes, poorly fitting trim, wheels falling off at speed, tow bars that literally snap off taking out the back of the car, suspension and drive axle failures… want me to go on?
In the meantime, BYD just announced an incredibly fast charge time on their new vehicles Tesla can’t match.