US Stock Market Move | Tesla, Inc. (TSLA.US) fell by 5%, with Tesla, Inc.'s sales in China hitting a 3-year low in October.

On Thursday, Tesla, Inc. (TSLA.US) saw its decline widen to 5%, with a cumulative decline of 10% from its high point at the beginning of the month, now trading at $409.08. In terms of news, Tesla, Inc. in China delivered its worst performance in three years in October. The retail sales of Tesla, Inc. in China in October were 26,006 vehicles, a decrease of 63.64% from September's 71,525 vehicles, and a 35.76% decrease from the same period in 2024, marking the lowest level since November 2022. In addition, according to sources, the head of Tesla, Inc.'s artificial intelligence (AI) business reportedly told employees in an internal speech that 2026 will be "the most difficult year of their lives." Some employees described the meeting as a "rallying call." The meeting lasted for nearly two hours, with several leaders from the AI department giving speeches. Employees were informed about the aggressive production schedule of OptimusSiasun Robot & Automation, as well as the specific goals of the Robotaxi self-driving taxi service. Analysts point out that Tesla, Inc.'s AI projects like OptimusSiasun Robot & Automation have yet to generate revenue, leading to questions about the stock valuation.