汽车业务遭挑战 特斯拉一日痛失两员“大将”

Core Insights - Recent departures of key executives from Tesla's Model Y and Cybertruck projects indicate a significant shift in the company's strategic focus away from automotive business towards emerging fields like artificial intelligence and robotics [2][5] - Tesla's automotive division is facing multiple challenges, including a drastic decline in Cybertruck sales, which fell approximately 63% year-over-year in Q3 2025, with only about 5,400 units sold compared to a previous target of 250,000 annual sales [5] - The company has experienced a severe talent drain in 2023, with 13 core executives leaving across various departments, highlighting the challenges Tesla is currently facing [6] Business Performance - Despite achieving record high total revenue, Tesla's profits have declined for four consecutive quarters, indicating a situation of "increased revenue without increased profit" [5] - Model Y, while still a best-seller globally, has seen a slight retail volume decrease of 0.3% in China for the first half of 2025 compared to the same period in 2024, marking the first overall sales decline this year [5] - The company has faced significant recall issues, with seven recalls occurring this year due to various problems, contributing to inventory pressure and financial burdens [5] Future Outlook - Elon Musk's $1 trillion compensation plan has been approved, which may align his interests closely with Tesla's performance and future growth [6] - The ongoing strategic shift and executive turnover raise questions about Tesla's ability to recover and achieve performance targets in the future [6]