On November 26, Reuters unveiled that Tesla's CEO, Elon Musk, has predominantly directed his attention this year towards the company's robotics division. He is fervently advocating for shareholder endorsement of his staggering $1 trillion compensation package. This package's attainment hinges on the accomplishment of numerous milestones, including market valuation, delivery volume, and profitability, all to be realized within the next decade. Concurrently, the prognosis for Tesla's primary automotive sales sector appears grim. In October, Tesla witnessed a staggering 48.5% year-on-year decline in its European sales, with a cumulative drop of approximately 30% thus far this year. In stark contrast, the overall electric vehicle market in Europe experienced a robust 26% surge during the same timeframe. In the Chinese market, Tesla's deliveries plummeted to a three-year low in October, marking a 35.8% year-on-year decrease, with cumulative sales for the initial 10 months declining by 8.4% compared to the previous year. In the U.S. market, a fleeting surge in sales by 18% was observed in September, fueled by a short-lived buying frenzy preceding the expiration of tax credit incentives. However, this was swiftly followed by a dramatic 24% year-on-year slump in October.
