Tesla's Cybertruck chief quits after more than eight years in latest high-profile exit

Core Insights - Tesla's Cybertruck chief, Siddhant Awasthi, is leaving the company after over eight years, marking a trend of high-profile departures within the automaker [1][3] - Awasthi played a significant role in leading the Cybertruck division from engineering to mass production and also managed the Model 3 program [1][6] - Tesla reported record deliveries in Q3, driven by a rush of American customers taking advantage of $7,500 tax credits for EV purchases, but analysts predict a significant sales decline in Q4 following the expiration of this incentive [2] Company Developments - The company has been offering substantial discounts on vehicles to boost sales amid a competitive landscape and executive turnover [3] - Recent executive departures include Troy Jones, the top sales executive in North America, and Jenna Ferrua, a human resources executive, alongside Milan Kovac, the top AI executive [3][7] - Increased competition from Chinese firms, particularly BYD, has posed challenges for Tesla, which has seen BYD surpass it as the world's largest EV manufacturer, achieving over $100 billion in revenue for the first time last year [7][8] Market Context - Tesla's Full Self-Driving technology and humanoid robots are seen as potential revenue drivers despite recent protests and vandalism against the company [10] - Elon Musk's recent $1 trillion pay package, the largest on record, is contingent on achieving ambitious performance metrics over the next decade [11]