Core Insights - xAI is developing a project called "Macro Hard" aimed at utilizing idle computing resources from Tesla vehicles to train an AI agent capable of performing white-collar tasks, referred to as a "human simulator" [2][3] - The "human simulator" is designed to replicate human operations in digital environments, complementing Tesla's Optimus robot, which focuses on physical task automation [2] - The project features an efficient training mechanism leveraging xAI's supercomputing capabilities, allowing for daily model updates and minimizing traditional AI training issues [2] Group 1 - There are approximately 4 million Tesla vehicles in North America, most of which are idle and equipped with internet connectivity, cooling systems, and power sources [3] - The company plans to rent idle time from vehicle owners to run the "human simulator" on in-car computers, potentially saving significant costs [3] - The project has garnered significant attention from tech media, with some outlets praising its innovative approach to capital efficiency in AI agent architecture [3] Group 2 - The disclosure has sparked widespread discussion about the future of large-scale automated digital labor, with opinions divided on its potential to reshape the knowledge workforce and societal structures [3] - Concerns have been raised regarding potential risks associated with energy consumption, privacy protection, and antitrust scrutiny related to such projects [3] - Despite xAI's silence on the matter, the radical culture of the company may introduce legal and operational uncertainties [3]

来源：滚动播报 比特币在隔夜触及五周低点后仅小幅回升，投资者正关注周三的美联储政策决定和本周大型科技公司的 财报。美联储预计将维持利率不变，但市场将寻找有关未来可能降息的任何线索。美国总统特朗普也预 计将在未来几天宣布下一任美联储主席的人选。科技公司财报方面，Telsa、微软和Meta将于周三公 布，苹果公司将于周四公布。与此同时，美国还面临政府再度关门的风险，并且有猜测称美国和日本当 局可能会出手干预以支撑日圆。伦敦证券交易所集团的数据显示，比特币上涨1.7%，报87,946美元，此 前隔夜曾触及86,021美元的低点。 ...

智通财经APP获悉，特斯拉(TSLA.US)将于北京时间周四晨间(美东时间周三美股盘后)公布最新季度业绩。该公司 持续引发激烈争论，仍然是市场上最具争议、最受关注的股票之一。投资者对特斯拉的看法几乎没有中间立场。 他们要么极度追捧，要么极度厌恶，一些人预期股价会大幅下跌，而另一些人则期待获得丰厚回报。 围绕特斯拉存在着诸多疑问。它究竟是一家汽车公司?还是一家科技公司?它在全自动驾驶(FSD)领域究竟拥有多大 的潜力?它会成为市场领导者，还是仅仅是众多竞争者之一?它的估值又如何呢?有人认为，这家公司的估值过高， 尤其如果将其视为一家汽车公司的话。 自2025年4月触底以来，特斯拉股价一直处于强劲上涨趋势。在近期回调之前，其股价已经上涨超过100%。 业绩回顾：第三季度营收创历史新高，但成本上升掩盖了其光芒 疲软的交付量可能对特斯拉的汽车业务收入和利润率造成压力。但该公司的能源发电和储能业务有望在一定程度 上抵消这种不利影响。得益于Megapack和Powerwall产品的强劲市场表现，特斯拉的能源业务表现良好。 特斯拉第四季度交付量为418,227辆，同比下降15.6%，低于分析师预期。2025财年全年交付量预 ...

Market Overview - The U.S. stock market is experiencing volatility due to President Trump's tariff threats, the Federal Reserve's interest rate decision, and earnings reports from major tech companies [1][2][11] - The S&P 500 index had a 2% increase before a drop of over 2% following tariff announcements [1] Federal Reserve Interest Rate Decision - The Federal Open Market Committee (FOMC) is expected to maintain the federal funds rate at 3.5% to 3.75% during its meeting on January 28 [3] - The likelihood of a 25-basis-point cut is only 4% according to CME Group's FedWatch tool [3] - Recent economic data suggests a resilient jobs market, with the unemployment rate improving to 4.4% in December from 4.5% in November [4][5] Earnings Reports from "Magnificent Seven" - Four companies from the "Magnificent Seven" will report earnings this week: Tesla, Microsoft, Meta Platforms, and Apple [6][11] Tesla - Expected revenue for Tesla in Q4 is $24.9 billion, a 3% decrease, with non-GAAP earnings projected to drop 45% to $0.40 per diluted share [6] - Focus will be on CEO Elon Musk's comments regarding physical AI initiatives [7] Microsoft - Anticipated revenue increase of 15% to $80.3 billion, with non-GAAP earnings expected to rise 20% to $3.86 per diluted share [8] - Investors will pay attention to Azure's revenue growth and generative AI adoption [8] Meta Platforms - Expected revenue growth of 21% to $58 billion, with non-GAAP earnings projected to increase 3% to $8.23 per diluted share [9] - Investors are looking for continued trends in engagement and advertising conversion rates due to AI investments [9] Apple - Expected revenue increase of 11% to $138 billion, with GAAP earnings also projected to rise 11% to $2.67 per diluted share [10] - Market focus will be on iPhone sales and updates regarding AI innovation [10]

由数百万辆特斯拉汽车组成分布式超级计算机，用于训练、部署人类模拟器(human emulator)，成熟的 人类模拟器可以在数字环境中成为执行办公任务的智能体(agent)，最终将实现大规模自动化的白领数字 工作。 xAI前工程师苏莱曼.汗.戈里(Sulaiman Khan Ghori)近期在播客节目《Relentless》中讲述了xAI的上述计 划，这期节目于2026年1月15日播出，节目播出后不久，戈里于1月19日在社交平台宣布离开xAI，外界 认为访谈内容可能触及内部保密信息，xAI或马斯克本人至今未就此事公开发表评论。 戈里介绍称，仅北美地区就有大约400万辆特斯拉汽车，假设其中三分之二或者一半配备的是 Hardware4，这些车大概有70%到80%的时间是停在那儿闲置的，可能正在充电。它们已经有网络连 接、有冷却系统、有电源，公司完全可以直接向车主付费，租赁他们车辆的闲置时间，并在车载电脑上 运行人类模拟器。车主可以获得租赁费用，xAI则可以训练部署人类模拟器，可以用来投入工作。这样 一来不需要任何新的基础设施建设，完全是纯软件实现的。 人类模拟器和特斯拉汽车训练计划曝光后，xAI官方沉默进一步放大 ...

Group 1 - The Indian government has reached an agreement with the EU to reduce tariffs on cars imported from the bloc from 110% to 40%, with further reductions expected over time [1][2] - The immediate tariff reduction applies to cars with an import price of around 15,000 Euros (approximately $17,700), potentially benefiting up to 200,000 vehicles [3] - The agreement is expected to positively impact companies like Tesla and Stellantis, as reduced tariffs could enhance their market presence in India [4][6] Group 2 - Tesla may supply vehicles to the Indian market from its Gigafactory in Berlin to take advantage of lower tariffs, as current imports come from Shanghai [5] - Stellantis, which includes brands like Jeep and Citroen, could expand its portfolio in India due to the reduced tariffs, despite local manufacturing challenges [6] - The U.S. has not reached a similar tariff agreement with India, maintaining a 50% tariff, which contrasts with the EU-India deal [7]

Core Insights - The article provides a comprehensive market analysis focusing on investment opportunities and trends in various sectors [1] Group 1: Market Trends - The analysis highlights significant shifts in market dynamics, particularly in technology and healthcare sectors, indicating a growing interest from investors [1] - Emerging markets are showing resilience, with a notable increase in foreign investments, suggesting a potential for high returns [1] Group 2: Investment Opportunities - Specific companies within the renewable energy sector are identified as having strong growth potential due to increasing demand for sustainable solutions [1] - The financial services industry is experiencing a transformation driven by fintech innovations, presenting new avenues for investment [1] Group 3: Economic Indicators - Key economic indicators such as GDP growth rates and unemployment figures are discussed, providing context for market performance and investor sentiment [1] - Inflation rates are analyzed, with implications for interest rates and overall market stability highlighted [1]

IT之家 1 月 26 日消息，埃隆 · 马斯克阐述了他认为特斯拉和 SpaceX 终将远超竞争对手的原因，指出自动驾驶、机器人技术以及天基能源这三大力量将从根 本上重塑经济规模。 马斯克近期在社交平台 X 上发布了两条推文，称上述两家公司所处的领域，其发展并非呈线性增长，而是指数级增长。 有 X 平台用户指出，SpaceX 的估值已超过美国六大国防公司的总和。马斯克对此回应称，天基产业的经济价值最终将超越地球经济的总价值。他表示，太 空能为人类提供的能源总量约为地球的十万倍，而这些能源仍然不到太阳能量的百万分之一。 IT之家注意到，在后续发布的推文中，马斯克还称："凭借自动驾驶技术，特斯拉的市值已超过其他所有汽车厂商的总和。"他补充称，这一估值还未将特斯 拉的人形机器人"擎天柱"（Optimus）纳入考量。这位首席执行官表示，一旦擎天柱实现规模化量产，有望将全球 GDP 提升一个数量级。 ...

Domestic News - The total number of motor vehicles in China reached 469 million, with 43.97 million being new energy vehicles [2] - Beijing's new energy vehicle ownership exceeded 1.3 million, with over 80% of vehicles meeting the "National V" emission standard [3] - FAW-Volkswagen plans to launch 13 new models in 2026, including 6 fuel vehicles and 7 new energy vehicles [4] - Ledao Auto aims to complete the investment of over 8,000 new battery packs within January, achieving a progress rate of 91.36% as of January 24 [5] - BAIC Blue Valley is investing 1.991 billion yuan to upgrade its Xiangjie Super Factory, with construction expected to start in March 2026 [6] - Chery has signed a strategic cooperation agreement with Yihaichuxing, delivering 5,000 new vehicles [7] - GAC Aion and Didi have partnered to deliver the Robotaxi R2, marking a significant step in autonomous vehicle commercialization [8] - CATL and Minyun Group have deepened their strategic cooperation to promote the electrification of public transportation [9] Foreign News - India and the EU have reached an agreement to significantly reduce automotive import tariffs, with tariffs on cars priced over €15,000 dropping from 110% to 40% immediately, and eventually to 10% [10] - The Philippines is projected to reach 491,395 vehicle sales in 2025, a 3.7% increase from 2024 [11] - The UAE is accelerating the commercialization of autonomous driving, with Abu Dhabi launching public autonomous operations and Dubai issuing its first autonomous driving test license [12] - Tesla has initiated a fully autonomous taxi service in Austin, Texas, without a safety driver present [13] Commercial Vehicles - Dongfeng Commercial Vehicle has launched the world's largest medium and heavy-duty commercial vehicle smart factory in Shiyan, Hubei [14] - CATL has released the first mass-produced sodium-ion battery for light commercial vehicles [15] - Yuchai has introduced the world's first flywheel range extender technology brand, marking a significant innovation in commercial power systems [16] - Henan Province has implemented 21 measures to support truck drivers, enhancing service quality and operational efficiency [17]

Core Viewpoint - Tesla is set to report its Q4 2025 earnings on January 28, with expectations of growth in its Energy Generation and Storage business despite a decline in vehicle deliveries [2]. Group 1: Tesla's Performance - Tesla's Q3 production totaled 447,450 units, a 5% year-over-year decline, while Q4 deliveries reached a record 497,099 cars, up 7.4% from the previous year [3]. - Total automotive revenues for Tesla were $21.2 billion, reflecting a 6% year-over-year increase, surpassing estimates of $18.86 billion [4]. - Energy Generation and Storage revenues were $3.4 billion in Q3 2025, a 44% increase year-over-year, exceeding estimates of $2.9 billion [5]. Group 2: Energy Generation and Storage Business - The Energy Generation and Storage segment is experiencing robust growth, driven by strong demand for products like Megapack and Powerwall [6]. - In Q4, Tesla deployed 14.2 GWh of energy storage products, setting a new record, with expected revenues of $3.4 billion, indicating an 11% year-over-year increase [7]. - The segment boasts a gross margin estimate of 31.1%, an improvement of 5.9 percentage points from the previous year, highlighting its profitability [8]. Group 3: Earnings Projections - The Zacks Consensus Estimate for Tesla's upcoming quarter is $25.11 billion in sales and earnings of 44 cents per share, with a slight decrease in the earnings estimate over the past month [9]. - Tesla's current Earnings ESP is +3.15%, but the model does not predict a definitive earnings beat due to a lack of favorable conditions [10]. Group 4: Competitor Insights - Cummins Inc. is expected to report Q4 results on February 5, with an Earnings ESP of +4.82% and a Zacks Rank of 3 [11]. - BorgWarner is scheduled to report on February 11, with an Earnings ESP of +4.47% and a Zacks Rank of 3 [12]. - Rivian Automotive, set to report on February 12, has an Earnings ESP of +12.02% and a Zacks Rank of 3 [13].