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The goverment mandates didn't come into the picture until after the free market (Tesla) brought mass market BEVs to the masses. The incoming administration will eliminate the mandates, which likely won't hurt Tesla at all, given it's also very likely the oil and gas industry subsidies will also be eliminated in the process - producing a real level playing field for once.
The mandates are what is causing the legacy auto makers to loose so much money. Mandates on vehicles have been around for as long as I can remember in some form since un-leaded gas was mandated. Why would oil loose it's subsidies ? If anything, oil subsidies will increase and EV subsidies will be eliminated is what I think.
Bill