They kind of do, though, their sales have been dropping year over year during an extreme fuel crisis - and Chinese EVs are coming for their lunch.
Tesla will continue to rule the US for the next two years due to the admin but the Euro and Canadian markets are likely going to continue to close to them. It might be that home-grown competitors will step up to the plate or maybe they'll open their doors to Chinese exports - it's hard to say. So while it's hard to identify a winner, the loser is clearly Tesla.
The problem with China’s economic model is that you can’t just sell to everyone else and not buy their stuff too. As European automaker sales continue to collapse in China, the EU will find new protectionist policies to enact to preserve domestic manufacturing jobs.