US Trade Dominance Will Soon Begin to Crack Highlight

Repealing anticircumvention law is a targeted strike on America’s most profitable companies, and it will have an especially severe impact on Tesla, whose hyperinflated price-to-earnings ratio reflects investors’ pleasure at the Tesla business model, which involves charging drivers every month for subscription features and software upgrades that expire when a car changes hands. Musk owes his power to the digital locks that keep this business model intact. If it were legal for mechanics all over the world to jailbreak Teslas and unlock all those features for one price, Tesla’s share price would collapse—taking with it the overvalued shares Musk uses to collateralize the loans he took out to buy Twitter and the US presidency.