Tesla Ashok Elluswamy, VP of AI Software, warned employees at an all-hands meeting that 2026 would be the "most difficult year" of their careers.
On November 13th, it was reported that Elluswmy made significant progress last month in developing Autopilot (autonomous driving assistance) and Optimus (humanoid robot) technologies . At the team's all-hands meeting, it was stated that:
If you are in Tesla 's artificial intelligence Teamwork is key, and next year will be the most challenging year of your life. Elluswamy is asking its employees to be prepared to work with unprecedented intensity to achieve company goals.
Sources familiar with the matter revealed that last month's all-hands meeting was positioned as a "mobilization order." During the nearly two-hour meeting, leaders at all levels of the AI department conveyed specific goals to employees.
Tesla has set an aggressive timeline for the production of Optimus robots and the expansion of its Robotaxi service. The achievement of these goals is directly linked to the compensation package for CEO Elon Musk, which was just approved by shareholders this month.
According to sources familiar with the matter, Elon Musk's artificial intelligence startup xAI has raised $15 billion from investors, bringing the company's valuation to $200 billion.
According to sources, this funding round is an additional $5 billion on top of the $10 billion funding round disclosed in September, simultaneously boosting the company's valuation to $200 billion; and most of the funds raised will be used to purchase GPUs to support large language models.
However, Musk himself previously responded to the news of a $10 billion funding round, saying that it was fake news and that xAI had not raised any funds at present.
Last week, Tesla Shareholders voted to approve Musk's massive compensation package, which is worth nearly $1 trillion, and also voted on whether to invest in xAI.
Tesla's general counsel, Brandon Ehrhart, stated that while the number of votes in favor exceeded those against, some shareholders abstained, and the company is considering its next steps.
According to Elephant News, Tesla released its Q3 2025 financial report, with "revenue growth but profit decline" being one of the key words of the report. The report shows that Tesla's total revenue in Q3 reached $28.095 billion, a year-on-year increase of 12%; net profit was $1.37 billion, a year-on-year decrease of 37%. Regarding new vehicle deliveries, global deliveries reached a record high of 497,100 vehicles in Q3. This growth was mainly driven by the Model 3/Y series, with deliveries reaching 481,200 units, while other models (including the Cybertruck) only delivered 15,900 units. In addition, the energy business also achieved a record high, with energy storage... The product deployment volume reached 12.5 gigawatt-hours.
Tesla's third-quarter revenue growth was accompanied by a decline in profits and a sharp drop in operating profit margin, potentially revealing the heavy pressure from fierce competition and price wars in the electric vehicle market. Meanwhile, Musk chose to downplay short-term financial metrics during the earnings call, shifting the focus entirely to FSD, Optimus robots , and AI chips. This indicates that Tesla is attempting to use a "robot army" and Cybercab ( autonomous driving ) The company uses the future valuation of high-tech visions such as taxis to offset the current profitability bottlenecks in its automobile manufacturing business.
As of the US stock market close on November 13 local time, Tesla was trading at $401.99, down 6.64%, with its market value evaporating by $95.2 billion (approximately RMB 675.5 billion) overnight.
Daily Economic News, citing Elephant News, Jiemian News, and publicly available information.
(Source: Daily Economic News)
