特斯拉一夜痛失两大核心高管，Model Y/3负责人双双出走，年内已有13大高管离职

Core Insights - Tesla is experiencing significant executive turnover, with 13 core executives leaving the company this year, including key project managers for Model 3 and Model Y, highlighting a talent retention issue [1][4][21] - Despite achieving record revenue of $28.095 billion in Q3 2024, Tesla's net profit has declined for four consecutive quarters, with a 37% year-over-year decrease in GAAP net income to $1.373 billion [4][13][21] - The delivery of new vehicles reached a record high of 497,099 units in Q3 2024, driven primarily by Model 3 and Model Y, while deliveries of other models, including Cybertruck, fell by 30% [4][16][18] Executive Departures - Siddhant Awasthi, the head of the Cybertruck and Model 3 projects, and Emmanuel Lamacchia, the project manager for Model Y, both announced their departures after approximately eight years with Tesla [1][5][10] - Awasthi's exit coincides with a decline in demand for electric pickups and lower-than-expected sales for Cybertruck, which sold only 5,385 units in Q3 2025, a 63% decrease from the previous year [10][21] - The trend of high-level departures reflects increasing challenges faced by Tesla, including intensified market competition [10][21] Financial Performance - Tesla's Q3 2024 total revenue reached $28.095 billion, a 12% increase from $25.182 billion in Q3 2023, but the company reported a 29% decline in adjusted net profit to $1.770 billion [11][13][15] - The automotive segment generated $21.205 billion in revenue, a 6% increase year-over-year, while the overall gross margin decreased to 18.0%, down 1.8 percentage points from the previous year [12][15] - The company reported a significant drop in profitability, with operating margin falling to 5.8% and adjusted EBITDA margin decreasing to 15.0% [13][21] Market Challenges - Tesla's sales in China have hit a three-year low, with retail sales dropping to 26,000 units in October 2025, a 63.64% month-over-month decline [20][21] - The overall market for electric vehicles is becoming increasingly competitive, impacting Tesla's sales and profitability [21] - Despite these challenges, Tesla remains a leading technology company with ongoing initiatives in smart vehicles and artificial intelligence [21]