Core Insights - Tesla's sales in China plummeted by 63.6% in October, marking a significant decline in its market position and raising concerns about its product competitiveness and strategic direction [1][2][3] Sales Performance - In October 2025, Tesla's retail sales in China were 26,006 units, a drastic drop from 71,525 units in September, and a decline of 43.9% compared to the same month in 2024 and 34.2% from 2023, setting a three-year low [2] - Tesla's market share in China's new energy market fell from 5.5% to 2%, dropping from 7th to 27th place [2] - The Model Y and Model 3, once key sales drivers, saw sales drop to 19,488 units (down 62%) and 6,518 units (down 68%) respectively [2] Global Market Trends - Tesla's sales decline is not limited to China; it is experiencing a systemic collapse globally, with a 36.3% drop in overall registrations in Europe despite a 36% increase in total electric vehicle sales [2][3] - In Sweden, Tesla's registrations fell by 88.7%, while sales in the UK, Germany, Norway, and Italy also halved [2][3] Competitive Landscape - The primary reason for Tesla's market share loss in China is the aggressive competition from local brands like BYD, Xiaomi, and Li Auto, which are rapidly innovating and offering superior features [4][5][6] - In Europe, local brands and Chinese competitors are gaining market share due to better product innovation and value for money, while Tesla's aggressive pricing strategy has negatively impacted its used car values [8] Strategic Response - In response to declining sales, Tesla has launched a revamped Model 3 in Europe and specific variants of the Model Y in China [10] - The company is also undergoing internal management changes, with key project leaders departing, indicating potential organizational challenges [11] - Tesla is accelerating the development of new low-cost models to regain entry-level market share and combat local competitors [11] Future Outlook - Elon Musk is focusing on the rollout of the Full Self-Driving (FSD) system in China, which could serve as a technological differentiator if regulatory approval is achieved [11][12] - Musk's broader strategy includes shifting the company's focus from traditional automotive sales to AI and robotics, positioning Tesla as a technology company rather than just an automaker [13]

Tesla stock moved higher on Monday following a rough week as investment bank Stifel gets bullish. Analyst Stephen Gengaro upped his Tesla price target to $508 from $483 and maintained his Buy rating, citing a sum-of-the-parts analysis and Tesla's strength in full self-driving (FSD) and its robotaxi service. "We believe that Tesla's AI-based Full Self-Driving (FSD) technology and Robotaxi initiatives are critical to the story and a large part of our valuation," Gengaro wrote in a note to clients. Tesla s ...

🚨 Stifel just raised its $TSLA price target from $483 to $508, citing strong progress in FSD and Robotaxi as key driversThey highlight improving Q3 results, expanding Robotaxi plans for up to 10 cities by 2025, and major updates coming in FSD v14.Stifel also notes that new lower-priced Model 3 and Model Y trims should help soften the impact of the EV tax credit ending, while Optimus remains a major long-term opportunity. ...

2025年11月17日 证券研究报告 | 迎接"十五五"：科创时代的银行新范式 行业研究 · 行业专题 金融 · 银行 投资评级：优于大市（维持） 证券分析师：王剑 证券分析师：陈俊良 证券分析师：田维韦 证券分析师：刘睿玲 证券分析师：张绪政 021-60875165 021-60933163 021-60875161 021-60375484 021-60875166 S0980518070002 S0980519010001 S0980520030002 S0980525040002 S0980525040003 wangjian@guosen.com.cn chenjunliang@guosen.com.cn tianweiwei@guosen.com.cn liuruiling@guosen.com.cn zhangxuzheng@guosen.com.cn 请务必阅读正文之后的免责声明及其项下所有内容 04 从部门银行到流程银行 05 风险提示 请务必阅读正文之后的免责声明及其项下所有内容 产业梯度转移：实体需求影响银行业务 目录 01 产业转型升级：实体需求生变 02 金融范式转变：逻辑与案例 ...

股东投票支持埃隆·马斯克价值1万亿美元的薪酬方案仅过去数日，特斯拉便又传出高管离任消息。今年 以来，特斯拉已先后失去销售、电池、机器人及芯片领域的核心高管。 8月23日，加利福尼亚州阿拉米达市，一台Optimus机器人站在一辆Cybertruck前。图片来源：Anadolu via Getty Images 原文标题：《特斯拉核心电动车业务战略生变，工程人才流失》 特斯拉股东以压倒性票数通过了CEO埃隆·马斯克史无前例的薪酬方案——若能达成一系列财务和战略 目标，未来十年他将获得价值1万亿美元的股票。但负责公司核心车型（畅销的Model Y、Model 3以及 颇具争议的Cybertruck）项目的工程师们，却不愿留下来见证后续发展。 伊曼纽尔·拉马基亚 （Emmanuel Lamacchia）是 供职八年的资深员工，担任Model Y项目负责人。他于 上周日晚间在领英 （LinkedIn）发文宣布，将离开这家总部位于奥斯汀的公司。 在他发帖数小时前，另一位同样任职八年、曾负责Model 3和Cybertruck项目的资深员工西丹特·阿瓦斯 蒂（Siddhant Awasthi）也发布了类似 的离职声明。两人 ...

Elon Musk brought all the past 30 years2025: Grok 42025: Grok 32025: Grokipedia2024: Cybercab2024: Robovan2024: Grok 22024: DOGE2023: Grok 12023: xAI2022: 𝕏2021: Dojo2020: Model S Plaid2021: Optimus2019: Megapack2019: Model Y2015: Starlink2019: Cybertruck2018: Starship2017: Falcon Heavy2017: Roadster 2.02017: Tesla Semi2016: Boring Company2016: Model 32016: Neuralink2016: SolarCity2015: OpenAI2015: Powerwall2012: Model X2014: Tesla Autopilot2009: Model S2012: Falcon 92012: Supercharger2010: Dragon2008: Falc ...

近日，据媒体报道，特斯拉Model Y整车项目经理埃马纽埃尔·拉马基亚（Emmanuel Lamacchia）与Cybertruck项目负责人西达恩特·阿瓦斯蒂（Siddhant Awasthi）已先后在社交平台宣布离职。至此，特斯拉Model 3、Model Y、Cybertruck三条重要产品线的负责人全部离开。 不过，特斯拉也并未毫无机遇。马斯克1万亿美元的薪酬方案获批，意味着他将与特斯拉深度"绑定"，带领公司实现特定业绩目标。未来，特斯拉将如何发 展，是否能实现业绩上的回暖，GPLP犀牛财经将持续关注。 有分析人士认为，两位核心高管的离职，主要还是因为特斯拉战略中心的转移。近期，特斯拉首席执行官马斯克在多个场合多次强调特斯拉战略重心已从汽 车业务偏离，更多资源投向人工智能、机器人等新兴领域。随着战略转移，特斯拉汽车业务员工资源便跟着下降，项目推进面临困境，战略方向也不明确， 这些困境或许就是两位负责人离职的原因。 从业务现状来看，特斯拉汽车业务面临诸多挑战。以Cybertruck为例，2025年第三季度，其在美国销量同比暴跌约63%，仅有约5400辆，与曾经号称"年销25 万辆"的目标差距巨大。同时， ...

要闻提示 NEWS REMIND 1.突发！特斯拉美国要求禁用中国产零部件 2.有300个孩子？游戏大佬"煮肘"前女友发文，争夺两个女儿抚养权，多益网络回应系造谣 3. 车好看是第一位和安全是前提矛盾吗？雷军连续发文回应质疑 4. 飞猪：双11期间平台履约GMV大增30% 5.零跑汽车放话：2026年冲击100万辆销量！ 6.李彦宏回应百度总是"起大早赶晚集"：不能指望所有创新都成功，创新的特点就是大多数会失败 7.苹果CEO库克被曝或于明年卸任，公司正加紧物色继任者 8.诺基亚德国业务大调整：2030 年前关闭慕尼黑研发中心，裁员超 700 人 今日头条 HEADLINE NEWS 突发！特斯拉美国要求禁用中国产零部件 11月15日消息，继美国通用汽车被传出要求供应商排除中国零部件之后，电动汽车大厂特斯拉也被曝要求 在美国制造的车型排除中国零部件，目标是在未来两年内完成过渡。据外媒最新报道，特斯拉及其供应商 已经将在美国生产的车型当中的部分中国制造的零部件替换为其他地区生产的替代品，并计划在未来一到 两年内，在美国制造的车型中排除所有中国制造的零部件。 报道称，特斯拉的举动主要是因为美国与中国之间紧张的地缘 ...

“Elon Musk slept on the factory floor to save Tesla during Model 3 crisis and now look at the tesla stock”@CathieDWoodhttps://t.co/Q7q240e5JQ ...

Tesla's battery engineering speaks for itself: Model 3 and Model Y retain 85% capacity beyond 200,000 miles. Combined with an 8-year or 120,000-mile warranty, these vehicles are designed for the long haul. https://t.co/39ibOC3jQg ...