Tesla Begins 2026 With Solid China EV Sales As Musk Appears To Shift Focus

Group 1 - Tesla's sales of China-made electric vehicles in January increased by more than 9% year-over-year, indicating a strong start to 2026 [1] - The total sales of Tesla Model 3 and Model Y vehicles in January were not specified but contributed to the overall positive sales performance [1] - CEO Elon Musk appears to be shifting focus from electric vehicle manufacturing to autonomous vehicles and humanoid robots [1] Group 2 - Tesla's stock experienced a slight increase following Musk's confirmation of a merger between SpaceX and xAI [1] - Analysts have cut profit predictions for Tesla amid concerns over Musk's significant spending plans and a reduction in the number of EV models [1] - Tesla's direct competitor in China reported strong sales, but the overall domestic sales environment remains challenging [1]