Tesla shares up 2.1% pre-market trading Monday after Cybertruck chief Siddhant Awasthi announced his departure, coming just days after shareholders approved Elon Musk’s record $1 trillion compensation package. This is a breaking news story and will be updated shortly.

Tesla's sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand in the hyper-competitive market.

Musk and Tesla now face a new challenge. The company’s insurance division is the subject of a class-action lawsuit alleging systematic underpayment of auto insurance claims and violations of state consumer-protection laws. Filed Nov. 5 in Arizona federal court, the lawsuit claims Tesla shortchanged uninsured and underinsured drivers.

Tesla's new rental car program lets drivers test features like Full Self-Driving (Supervised) for up to a week for just $60 a day to start.

Since Tesla's soft robotaxi launch in Austin in June, safety advocacy groups such as the Dawn Project and Tesla Takedown have voiced concerns about the service. Nonetheless, Tesla has carried on, growing its service area to more than 245 square miles.

Tesla is now in the business of short-term car rentals, as the company tries to mitigate falling sales in the US following the expiry of federal tax credits for electric vehicles. Rentals are currently being offered in two California Tesla stores in San Diego and Costa Mesa,

Yahoo Finance's John Hyland outlines some stories investors are watching on Monday's Market Minute, including leadership changes with Tesla's (TSLA) Cybertruck and Model Y units, and Berkshire Hathaway (BRK-B,