Tesla, Inc.'s (TSLA.US) automotive business is under pressure to become the "new normal", as the market no longer looks at sales figures, but rather waits for Musk's "next PowerPoint presentation".

Notice that despite Musk's strong desire to bet on the future of Tesla, Inc. on AI, he still needs to raise funds through selling cars for these ambitious goals - and the automotive business is becoming increasingly difficult. According to analyst surveys, Tesla, Inc. may have delivered about 372,160 vehicles in the past three months. Although this number increased by about 11% compared to the same period last year, it is still at a lower level compared to the recent quarterly total for the company. Sales earlier last year were affected by multiple factors: one was the strong resistance sparked by Musk during his tenure in the Trump administration, and the other was the production halt caused by the update of Tesla, Inc.'s most popular model, the Model Y. Analysts predict that sales will be far below the peak quarterly levels of this electric car manufacturer in recent years, when Tesla, Inc.'s deliveries once approached 500,000 vehicles. With weakening global demand for electric vehicles, as well as the lack of federal tax incentives for plug-in cars in the US market, Tesla, Inc. is increasingly shifting its focus towards artificial intelligence, autonomous driving, and the Siasun Robot&Automation sector, with slow sales growth potentially becoming the "new normal" for Tesla, Inc. The start of the year may bring slower deliveries for Tesla, Inc. Tesla, Inc. is also gradually phasing out low-production Tesla, Inc. electric car models, the Model S and Model X, further narrowing its increasingly aging product line while facing increasing global competitors. Gene Munster, managing partner at Loup Ventures, said, "If they can prove that data remains stable without tax credits - at least they can deliver - I think that's a win." Munster pointed out that investors will be focusing on data for this period to gauge demand without these tax incentives. At the beginning of the year, sales in Europe for Tesla, Inc. have stabilized, although still low. In the Chinese market, there has been a significant improvement in the beginning, with preliminary data from the China Passenger Car Association (CPCA) showing a 91% increase in exports from Tesla, Inc.'s Shanghai factory in February. Enthusiasm for Musk's future business plans had driven Tesla, Inc.'s stock to hit a record high in December, only to partially give back gains at the beginning of this year. Investors are increasingly focusing on progress signs for Tesla, Inc. on the development of self-driving Robotaxis, Cybercabs, and the Optimus Siasun Robot&Automation project rather than car sales data. As long as the electric car business can remain stable or grow moderately, it can support Musk's growing ambitions in the field of artificial intelligence. Garrett Nelson, Senior Equity Research Analyst at CFRA, stated that he is focused on whether the company can fulfill its ambitious product and timeline plans. He is also observing Tesla, Inc.'s plans to increase capital expenditures. "The focus is not on delivery volumes, but on a more macro level such as the release of Terafab and the spending spree that Tesla, Inc. is embarking on," Nelson said. "Concerns about this explosive growth in spending are indeed affecting market sentiment towards the company."