特斯拉，步子很大路很滑

Core Viewpoint - Tesla is facing significant challenges in its market performance and ambitious plans, particularly in the context of declining sales and external controversies surrounding its leadership and product offerings [1][3][14]. Group 1: Market Performance - In Q1 2025, Tesla delivered 337,000 vehicles globally, marking a year-on-year decline of 12.96%, with the most significant drop occurring in California, where Tesla's market share in the electric vehicle sector has fallen to 43.9% [1]. - Tesla's vehicle registration in California has decreased for six consecutive quarters, indicating a troubling trend in its core market [1]. Group 2: Product Challenges - The anticipated low-cost Model 2 has reportedly been scrapped, and the Full Self-Driving (FSD) system has faced criticism since its introduction in China, highlighting issues with localization and adaptation to local traffic conditions [3][4]. - Despite initial expectations, the FSD's performance in China has not met market hopes, leading to a rebranding of its driving assistance system from "Autopilot" to "Assistance Driving Package" [6]. Group 3: Leadership and Strategic Direction - Elon Musk's focus on ambitious projects, particularly in autonomous driving, has raised concerns about the feasibility of Tesla's long-term goals, including the rollout of Robotaxi services and fully autonomous vehicles by 2025 [10][12]. - Musk's political affiliations and support for controversial policies, such as those from former President Trump, have created additional challenges for Tesla, potentially alienating its core customer base that values globalization and technological advancement [16][18].