EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers that included a 71% dip in net income to $2.3 billion. Despite signs pointing downwards,

Tesla could soon lose its EV sales advantage as Washington lawmakers are taking their third shot at legislation to level the playing field with Rivian, Lucid and others.

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.