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TSLA
New York Post
1 min

Tesla's Cybertruck chief quits after more than eight years in latest high-profile exit

1. Cybertruck chief Siddhant Awasthi is leaving Tesla after eight years. 2. Tesla faces high-profile executive departures, impacting management stability. 3. Record Q3 deliveries were reported due to expiring EV tax credits. 4. Sales slump expected in Q4; discounts introduced to boost sales. 5. Increased competition from BYD poses threats to Tesla's market position.

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FAQ

Why Bearish?

Executive departures typically indicate instability. Tesla's previous sales slumps often followed such events.

How important is it?

High-profile departures and sales forecasts directly affect TSLA's operational strategy and market perception.

Why Short Term?

Immediate instability from exec departures could lead to short-term dips in investor confidence.

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