Fourth-quarter net profit rose to $1.27 billion from $987 million in the prior year on revenue that grew 9%. ...

加通贝祥将特斯拉目标价从551美元下调至520美元。 ...

Core Insights - Analysts have provided mixed perspectives on Tesla Inc.'s fourth-quarter earnings, highlighting various strategic shifts and market expectations. Group 1: Analyst Perspectives - Gary Black anticipates a 2-3% rise in Tesla shares following the earnings call [2] - Ross Gerber describes the earnings as marking the "end of an era" for Tesla, emphasizing the company's shift towards autonomous vehicles and the need for significant investment and time for this transition [3] - Gene Munster notes that Tesla's Full Self-Driving (FSD) system has shown remarkable improvement, but the shift to FSD subscriptions may reduce auto margins to 16% [3] Group 2: Market Expectations and Performance - Munster indicates that Tesla's confidence in the FSD system has led to plans for Robotaxi expansion in multiple cities this year, with market estimates suggesting a 7% increase in deliveries, although he expects deliveries to remain flat [4] - Tesla is focusing on higher volume models, which is viewed positively for the company's future [4] - Tesla's stock price increased by 2.01% to $440.13 during overnight trading [5]

Core Viewpoint - Tesla is shifting its focus from electric vehicle production to robotics, announcing the discontinuation of the Model S and Model X to allocate resources for manufacturing Optimus robots, following its first annual revenue decline [1]. Group 1: Production Changes - Tesla will cease production of the older Model S and Model X vehicles to repurpose factory space for its Optimus robots [1]. - The company is facing challenges in its transition to self-driving cars and robotics, with plans for Cybercabs (robotaxis) hindered by capacity issues and regulatory hurdles [3]. Group 2: Financial Investments - Tesla's investment is set to more than double to $20 billion this year, with $2 billion allocated to its artificial intelligence division, xAI [2]. - The increased spending aims to fulfill promises made by CEO Elon Musk regarding the company's transition towards advanced technologies [3]. Group 3: Market Position and Competition - Tesla is exploring new revenue streams as competition in the electric vehicle market intensifies, particularly with BYD surpassing Tesla to become the world's largest EV manufacturer [5]. - The company has experienced revenue and profit declines due to backlash against Musk's cost-cutting measures and competitive pricing from rivals [5][6]. Group 4: Stock Performance and Investor Sentiment - Tesla shares rose by 2% in after-hours trading, reflecting cautious gains attributed to AI-driven turnaround plans [11]. - There are concerns among investors regarding Musk's ability to manage multiple ventures, including a potential public offering for SpaceX [11].

Core Viewpoint - U.S. stock futures are trading higher, with Microsoft and Apple expected to attract investor attention due to their recent financial performances [1] Group 1: Microsoft Corp. (NASDAQ:MSFT) - Microsoft reported second-quarter revenue of $81.3 billion, representing a 21% year-over-year increase, surpassing the Street consensus estimate of $80.25 billion [1] - The company achieved non-GAAP earnings per share of $4.14, exceeding the Street consensus estimate of $3.86 [1] - Despite the strong financial results, Microsoft shares fell 6.1% to $452.04 in after-hours trading [1] Group 2: Apple Inc. (NASDAQ:AAPL) - Analysts anticipate Apple to report quarterly earnings of $2.67 per share on revenue of $138.42 billion [1] - Apple shares experienced a slight increase of 0.1%, reaching $256.79 in after-hours trading [1]

Core Viewpoint - Tesla's CEO Elon Musk announced the discontinuation of the Model S sedan and Model X SUV, marking a strategic shift towards a focus on autonomous driving technology [1][3][4] Group 1: Production and Transition - The final production batch of Model S and Model X will be completed in the next quarter, after which both models will officially cease production [1][3] - The Fremont factory, currently producing Model S and Model X, will transition to manufacturing the Optimus humanoid robot, indicating Tesla's future industry focus [3] Group 2: Market Context and Strategy - Sales of Model S and Model X have stagnated due to changing market conditions and increased competition from traditional automakers and emerging brands like Rivian and Lucid Motors, as well as Chinese domestic brands [4] - The decision to discontinue these models is seen as a necessary adjustment for Tesla to respond to market changes and concentrate on its core strategy of developing autonomous driving technology [4]

受此消息影响，周四美股夜盘，特斯拉股价上涨2.4%，报441.83美元。 营收承压但超预期 财报显示，2025年第四季度，特斯拉总营收达249.01亿美元，较去年同期的257.07亿美元下滑3%，略超 预期的247.9亿美元。 盈利端承压明显，四季度营业利润为14.09亿美元，同比下滑11%；净利润8.4亿美元，同比暴跌61%。 非GAAP口径下调整后的每股收益（EPS）为0.50美元，同比下降17%，显著高于预期的0.45美元。 年营收首降、Q4净利暴跌61%，特斯拉交出一份不理想成绩单。 由于核心汽车业务承压，特斯拉全年营收同比下滑3%，创下历史首次年度营收降幅。 不过，公司四季度营收与调整后每股收益均超出市场预期。 | Printered | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | ($ in millions, except percentages and per share data) | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 | YoY | | Total auto ...

Market Analysis by covering: S&P 500, Microsoft Corporation, Crude Oil WTI Futures, Tesla Inc. Read 's Market Analysis on Investing.com ...

Core Insights - The humanoid robot industry is experiencing strong growth, with accelerated product iterations and significant advancements in technology [1] - Companies like Yushu are projected to ship over 5,500 humanoid robots by 2025, with mass production exceeding 6,500 units [1] - Tesla's CEO Elon Musk indicated the potential public sale of the Optimus robot by the end of next year [1] Policy Developments - The Ministry of Industry and Information Technology is set to release guidelines for the construction of a comprehensive standardization system for humanoid robots and embodied intelligence [1] - Shenzhen is encouraging insurance institutions to innovate insurance products in cutting-edge technology areas, including humanoid robots [1] Technological Advancements - OpenAI has established a humanoid robot laboratory, indicating ongoing technological updates in the sector [1] - Youyou Technology has launched its first automated production line for robot joints in Zhangjiang, Shanghai, which will help meet demand and reduce costs [1] - UBTECH has partnered with Airbus to explore applications of humanoid robots in the aerospace manufacturing sector [1] Investment Opportunities - The Robot Industry ETF (159551) tracks the Robot Index (H30590), which focuses on companies in industrial automation and service robots, reflecting the overall performance of publicly listed securities in the robot sector [1]

然而，商业世界没有永恒的丰碑，只有流动的效率和需求。Model S和X的停产，早已是进行时。销量上，它们早已被更大众的Model Y和Model 3淹没，占 比微小。成本上，它们产自相对老旧、成本更高的弗里蒙特工厂，而非上海超级工厂这样的效率标杆。在特斯拉整体毛利率承压、面临空前价格战的今天， 保留两款叫好但未必叫座的小众高端车型，在经济账上已不划算。 图片系AI生成 当一家公司的创始人亲手按下旗舰产品的"停产键"，这通常不是庆功的信号，而是背水一战的号角。 北京时间2026年1月29日，马斯克在特斯拉的财报电话会上宣布，Model S和Model X将在下一季度正式停产，体面退役。与此同时，特斯拉交出了上市以来 第一份年度营收下滑的财报：2025年总营收948亿美元，跌了3%；净利润37.9亿美元，近乎腰斩，暴跌46%；全球汽车交付量连续第二年下滑，少了8.6%。 冰冷的数字背后，马斯克却在描绘一个近乎科幻的未来：加州弗里蒙特工厂的轿车生产线将让位于Optimus人形机器人的批量制造；没有方向盘和踏板的 Cybercab出租车即将驶上街头；公司今年要豪掷超过200亿美元（约合人民币1389亿元），全力押注自 ...