It looks like the battery improvements are creating a 'wait and see' anticipation. There is also the realisation that the initial demand to reach 350-500 miles

It looks like the battery improvements are creating a 'wait and see' anticipation. There is also the realisation that the initial demand to reach 350-500 miles to avoid range anxiety was in error. A perfectly good car with 200 miles of range and a 60% saving of battery cost can be made and will serve up to 75% of people. You can also have a 2 or 3 tiered battery system and a huge saving with the one tier(1/3rd sized) and a 2/3 tiered with added range/cost. In addition, Teslas were very costly in other ways. You could make a small Tesla with 150 miles, smaller body/seats that would sell in the $20,000 range. The real future lies with these long lasting, shorter range and lower cost cars. The USA has made huge tariffs to keep China out - how will they keep $20,000 US cars out?