点 击 蓝 字 关 注 我 们 本文全文共 4353 字，阅读全文约需 14 分钟 目录 国内新闻 1.市场监管总局发布《汽车行业价格行为合规指南》 国外新闻 1.加拿大计划新增8000个电动汽车充电桩 商用车 国内新闻 1 2.工信部公开征求《智能网联汽车 自动驾驶系统安全要求》等五项强制性国家标准的意见 3.商务部:春节9天假期内购买新车的消费者 均可按政策要求申领汽车以旧换新补贴 4.四川:支持汽车置换更新 最高补贴1.5万元 5.深圳:开展智能网联汽车"车路云一体化"应用试点 6.小米汽车已有170万+充电桩入驻充电地图 7.广汽自营充电站突破2000座 覆盖全国211市 8.特斯拉深化中国本土化 上线微信车载功能 2.塔塔汽车与Stellantis签署合作备忘录 3.福特计划2030年前在美国推出五款4万美元以下新车 4.丰田将于今年推出首款美国制造的电动汽车 1. 一汽解放印尼KD工厂首台产品正式下线 2. 北京:2026年北京市交通综合治理行动计划 3. 庆铃联袂非洲现地制造商签约KD项目 首期规划2万台产能 4. 比亚迪鲨鱼皮卡动力升级 搭豹8同款2.0T插混增强拖拽能力 市场监管总局发布《汽 ...

Group 1 - Xiaomi Corp. outsold Tesla Inc. in China's electric vehicle market in January, with the YU7 SUV delivering 37,869 units compared to 16,845 units for the Model Y [1] - The Model Y, which was the top seller in December, dropped to 20th place in January and fell from first to seventh among new energy vehicles [2] - The YU7 was launched in 2025 and is priced 10,000 yuan ($1,450) lower than the Model Y, which analysts expected would help Xiaomi capture market share from Tesla [3] Group 2 - Tesla experienced a sales slump in China, marking its first annual sales decline in December 2025, while Xiaomi's electric vehicle division gained momentum with the YU7's success despite a rocky start with the SU7 Ultra EV [4] - Xiaomi plans to expand internationally, targeting Europe next year [3]

Group 1 - The core point of the article is that Xiaomi's electric SUV model YU7 topped the sales chart in China for January, selling 37,869 units, which is double the sales of Tesla's Model Y, marking a significant shift in the market dynamics [1][4] - YU7 is positioned as a direct competitor to Tesla's Model Y, with a starting price that is 10,000 yuan (approximately 1,450 USD) lower than that of the Model Y [4] - Tesla's Model Y saw a significant drop in sales in January, with only 16,845 units sold, ranking 20th, compared to 65,874 units sold in December of the previous year [4] Group 2 - Xiaomi is actively pursuing overseas expansion, with plans to enter the European market by 2027, currently testing in Spain and establishing a research center in Germany [4] - The company aims to increase the number of its stores in the UK to 150 over the next four years, leveraging its global layout through Xiaomi Home [4]

China's electric vehicle market saw a major shift in January, as Xiaomi's newest electric SUV overtook Tesla's Model Y to become the country's best-selling vehicle. The development marks a key moment ... ...

格隆汇2月13日丨铭利达(301268.SZ)在互动平台表示，公司前期与特拉斯业务合作量相对较小，未来是 否能够实现业务规模的快速增长，需根据公司最终获取该客户定点项目情况决定。 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [6] Core Insights - Initial production of humanoid robots will be "painfully slow," with capacity ramp-up following a stretched S-curve, as Tesla phases out Model S and Model X to focus on building a production line with an annual capacity of one million units. Achieving an annual capacity of ten million units likely requires the introduction of a more mature fourth-generation model [1] - The ultimate cost target for manufacturing a single Optimus robot is approximately $20,000 [2] - Tesla faces three core bottlenecks in humanoid robot development: real-world AI technology, scalable manufacturing capabilities, and the dexterity of robotic hands, which is emphasized as the most complex electromechanical engineering challenge [2] - The construction plan for the "Terafab" factory, which will exceed the scale of any existing Tesla superfactory, aims for a monthly wafer production capacity of over one million pieces. Significant AI computing power will be deployed in space within the next 36 months [3] - The core bottleneck for computing power development on Earth is not chip production but power supply, with space data centers being the most economically viable solution [3] - Tesla has developed a world simulation model to create an Optimus Academy, where thousands of robots will self-train in real-world scenarios to master various task skills [4] - The pricing gap between Tesla's Optimus and Chinese competitors is significant, with the R1 humanoid robot from Yushu Technology pre-selling for as low as $4,900. However, Musk clarifies that the two are not comparable products due to Optimus's advanced design and capabilities [5] Summary by Sections Production Capacity - Initial production will be slow, with a focus on building a million-unit capacity line [1] - Achieving ten million units will likely require a new model [1] Cost Targets - Target manufacturing cost for Optimus is around $20,000 [2] Development Bottlenecks - Key challenges include AI technology, manufacturing scalability, and hand dexterity [2] Computing Power - "Terafab" factory will have a monthly capacity exceeding one million wafers [3] - Space data centers are seen as a viable solution for computing power bottlenecks [3] Training and Competition - Optimus Academy will facilitate self-training for robots [4] - Significant pricing differences exist between Tesla and Chinese competitors [5]

二是政策扶持不同，新能源汽车是十四五重点发力的新兴产业，有牌照、补贴、购置税减免等多重利 好，而脑机接口并无这类政策支持。 做投资本就该结合产业研究 + 产业链规模 + 政策红利，三者共振，才能走出大行情。 马斯克旗下九大版图，特斯拉、AI 算力都已大幅上涨，凭什么商业航天不能走出大行情？ 再看脑机接口，此前涨幅远不及特斯拉、AI，核心原因很清晰： 一是产业链太短，脑机接口本质就是采集脑电波的头盔 + 控制假肢，零部件极少；对比汽车工业上万 零部件，产业链规模差距极大。 当下核心看赛道，重点就是航天领域，尤其商业航天。 若把握不准节奏，也可关注券商，虽有机会但爆发力一般；切记券商千万别追突破，突破多半是套人， 选标的就挑低价券商。 要是问券商和商业航天选哪个？无疑是商业航天（火箭、星链）更具潜力。 ...

Group 1 - Gold and silver prices experienced significant declines, with spot gold dropping over 3% and spot silver's intraday decline reaching 11% [1][3] - Major U.S. tech stocks saw widespread declines, with Apple down 5%, Broadcom down over 3%, and Amazon, Meta, and Tesla down over 2%. Nvidia fell over 1%, while Google's A shares saw a slight decrease [3] - Concerns have arisen among investors regarding the impact of newly launched AI tools on various sectors, including software companies, publishers, and financial services, as these tools may replicate business models or erode profit margins [3] Group 2 - As of the latest update, gold prices rebounded, with spot gold reported at $4,979.69 per ounce and spot silver at $76.65 per ounce [4] - The London gold price showed fluctuations, with a recent buy price of $4,912.80 and a sell price of $4,980.36, indicating a 1.25% change [5]

Electric vehicle sales worldwide saw a notable decline in January 2026, largely due to a significant drop in the Chinese market, which has been a major player in the EV sector.This downturn is attributed to new taxes and reduced incentives that took effect at the beginning of the year.Global EV Sales DeclineAccording to a report by Electrek, global electric vehicle sales in January 2026 reached 1.2 million units, marking a 3% decrease year-over-year and a 44% drop from December 2025.US Records Low SalesIn c ...

Core Viewpoint - Tesla's reliance on unproven products for future growth raises concerns about its investment strategy, especially as the stock has seen a decline of over 5% this year [1]. Financial Performance - Tesla's fourth-quarter and full-year 2025 results showed a year-over-year decrease in both revenue and profitability, despite beating analyst estimates [2]. - Total deliveries fell by 16% to 495,570, indicating challenges in maintaining its position as a leading automobile manufacturer [4]. Capital Expenditure and Strategic Focus - The company plans to significantly increase capital expenditures, expecting to exceed $20 billion this year, more than double the level of 2025 [5]. - Investments will focus on various projects, including proprietary battery technology, the CyberCab autonomous taxi, and artificial intelligence initiatives [5]. Product Strategy - Tesla will begin winding down production of the high-end Model S and Model X, shifting focus to the more affordable Models 3 and Y, along with the upcoming Cybertruck [6]. - The production space for Model S/X will be repurposed for the development of Optimus, an autonomous robot, with a target of producing 1 million units annually [7]. Market Position and Valuation - Tesla's stock is considered expensive, trading at a forward P/E ratio of nearly 205 and a five-year PEG ratio of 6.8 [10]. - The success of new ventures like CyberCab and Optimus is critical, as they need to be highly successful to justify current valuations [11]. Consumer Behavior and Subscription Model - The transition to a fully subscription-based model for the Full Self-Driving (FSD) platform may face challenges, as many consumers already manage multiple subscriptions [9].