Tesla’s Cybertruck Boss Siddhant Awasthi Quits After 8 Years Amid Turbulent Times for Musk’s EV Empire
Tesla loses key executive Siddhant Awasthi amid deepening financial and production troubles.
A major leadership change has struck Tesla once again, with Siddhant Awasthi, the programme manager overseeing the Cybertruck and Model 3 projects, announcing his resignation after eight years. In a reflective post on LinkedIn, Awasthi described his departure as “not an easy decision,” though he refrained from revealing his next move. His exit adds to a growing list of high-profile resignations at the Elon Musk-led automaker during a period marked by recalls, regulatory scrutiny, and profit declines.
Awasthi’s career at Tesla began as an intern, evolving into a highly influential role steering flagship projects. He highlighted his involvement in ramping up Model 3 production, contributing to Giga Shanghai’s development, and playing a central role in the futuristic Cybertruck’s delivery. His statement conveyed pride in participating in projects that have defined Tesla’s identity as a disruptive force in the EV industry.
The announcement comes at a challenging time for Tesla. In recent months, the company recalled over 63,000 Cybertrucks in the United States due to excessively bright headlights, potentially distracting other drivers. Earlier, U.S. safety regulators recalled more than 46,000 Cybertrucks, citing concerns that exterior panels could detach while driving — a serious hazard that underscored lingering quality control problems in Tesla’s ambitious manufacturing operations.
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Financially, Tesla’s struggles have deepened. The automaker reported a fourth consecutive quarterly profit decline in October, with third-quarter earnings dropping 37% year-over-year to $1.4 billion. Though revenue rose, analysts warned that the spike was driven by customers rushing to capitalize on a federal EV tax credit before its expiration, signalling potential softness in upcoming quarters as sales momentum wanes.
Despite the turbulence, Elon Musk secured a major victory last week when shareholders overwhelmingly approved a trillion-dollar performance-based compensation plan. The move reaffirmed investor confidence in Musk’s long-term vision, even as his political ventures and controversial remarks continue to weigh on Tesla’s public image. Tesla shares rose more than 2% in pre-market trading on Monday following the vote, reflecting cautious optimism amid persistent uncertainty.
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