With Donald Trump’s approval sinking to Jimmy Carter levels and coronavirus cases spiking across the country, Trump is reluctantly waking up to the grim reality that, if the current situation holds, his reelection is gone. Republicans that have spoken with Trump in recent days describe him as depressed and “down in the dumps.” “People around him think his heart’s not in it,” a Republican close to the White House said. Torn between the imperative to win suburban voters and his instincts to play to his base, Trump has complained to people that he’s in a political box with no obvious way out. According to the Republican, Trump called Tucker Carlson late last week and said, “what do I do? What do I do?”

To console himself, Trump still has moments of magical thinking. “He says the polls are all fake,” a Republican in touch with Trump told me. But the bad news keeps coming. This week, Jacksonville, Florida—where Trump moved the Republican National Convention so he could hold a 15,000-person rally next month—mandated that people wear masks indoors to slow the explosion of COVID-19 cases. According to a Republican working on the convention, the campaign is now preparing to cancel the event so that Trump doesn’t suffer another Tulsa–like humiliation. “They probably won’t have it,” the source said. “It’s not going to be the soft landing Trump wanted.”