How can you possibly think the US military, or any sovereign country, will magically spend an extra $165B a year on meat a year if all of the current consumers magically go vegetarian? Who exactly is going to eat a bunch of extra meat? There will just be fewer meat sales, period, ignoring a short term price drop if everyone magically goes vegetarian on the same day.
You’re a quarter behind. Big drop 2024Q1, but you’re right that the story has been growth - just slower growth than Tesla has promised, even with massive price cuts, and now we have a contraction. A lot of people dislike Elon because he’s a fucking tool and this has to be a partial factor, we just don’t really know how much.