I don't need to linearly extrapolate, the crossover already happened, I just need to know that there are less ships headed to Europe than in previous quarters. The non-linearity will be less than previous quarters.
This is nice, but masks what actually happened in the opposite direction.
Previously, Tesla supply and demand was in equillibrium. For Tesla, the supply could be visualized as a vertical line as they seemingly will keep production as high as possible regardless of demand (as long as marginally profitable).
View attachment 914630
Then due to whatever combination of reasons (certainly including higher interest rates on loans), demand dropped. That means the demand curve shifted left.
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Because Tesla is on the steep side of the demand curve, it's a double edged sword. Now they have to drop price
alot for small improvements in demand to get back to Q_s.
Tesla did not control these equations by choosing to move along the curve because they had a massive increase in supply. The demand curve shifted.