Tesla(US:TSLA) Zhi Tong Cai Jing·2025-11-13 15:56Core Viewpoint - Tesla's stock has seen a significant decline, with a 5% drop on Thursday and a total decrease of 10% since the beginning of the month, attributed to disappointing sales figures in China for October [1] Sales Performance - Tesla's retail sales in China for October were reported at 26,006 vehicles, marking a 63.64% decrease from September's 71,525 vehicles and a 35.76% year-over-year decline from 40,485 vehicles in October 2022, representing the lowest sales level since November 2022 [1] AI Business Outlook - Internal communications from Tesla's AI business head indicated that 2026 is expected to be a particularly challenging year, described by employees as a "mobilization call" during a nearly two-hour meeting [1] - The meeting highlighted aggressive timelines for the mass production of the Optimus robot and specific goals for the Robotaxi autonomous taxi service, raising concerns among analysts regarding the lack of revenue generation from Tesla's AI projects, such as the Optimus robot, which puts pressure on the stock's valuation [1]