Model 3
Tesla Cybertruck Program Manager Siddhant Awasthi Resigns After 8-Year Journey With Elon Musk's EV Giant
Nov 11, 2025 04:00 pm CST
Key Tesla executive Siddhant Awasthi has announced his departure after eight years with the company, where he led the Cybertruck program and worked on Model 3 development. His resignation comes amid ongoing challenges for Tesla's Cybertruck, including multiple recalls and the company's fourth consecutive quarterly profit decline, though shareholders recently approved a potential $1 trillion compensation package for CEO Elon Musk.
Tesla Introduces Sub-$40,000 Models to Offset US EV Incentive Losses
Oct 08, 2025 02:23 pm CST
Tesla has launched more affordable versions of its Model 3 sedan and Model Y SUV, priced at $36,990 and $39,990 respectively, as a strategic response to the elimination of US electric vehicle tax incentives. These new standard versions offer reduced prices of approximately 11-13% compared to premium longer-range variants, though they come with less battery range and fewer features.