根据美国证券交易委员会(SEC)披露，花旗集团(C.US)向其递交了截至2025年12月31日的第四季度持仓报告(13F)。 从最新披露的数据来看，花旗第四季度的投资组合仍以美股及ETF资产为主，并辅以一定规模的期权及债务类工具进行配置调整。其中， 英 伟 达 (NVDA.US) 为 其 第 一 大 重 仓股 ， 占投 资 组 合比 例 为3.04%；SPDR 标 普 500 ETF(SPY.US) 位 列 第 二， 占 比 为2.56%； 微 软 (MSFT.US)位列第三，占比为2.53%。此外，iShares罗素2000指数ETF看跌期权(IWM.US)及特斯拉(TSLA.US)看跌期权也进入前五大 持仓，占投资组合比例分别为2.05%和2.02%。 | 2025-12-31 | | | --- | --- | | 13F Holdings Summary | | | Name | % of Portfolio | | NVDA NVIDIA Corp | 3.04% | | SPY State Street SPDR S& | 2.56% | | MSFT Microsoft Corporatio | ...

Group 1 - Tesla is experiencing a significant transformation, moving from an electric vehicle company to a broader technology entity, with a focus on the development of Optimus robots [2][10] - The company plans to discontinue its Model S and Model X lines to allocate resources for Optimus production, as over 97% of its Q4 2022 deliveries were from Model 3 and Model Y [5][8] - Tesla's stock has increased by 20% over the past year, driven by investor anticipation of future developments rather than current performance [1][10] Group 2 - The Optimus robots are intended to perform various tasks, including household chores and caregiving, with the potential to "eliminate poverty" as envisioned by CEO Elon Musk [4] - Tesla is heavily investing in its full self-driving (FSD) software, which, if approved, could enable the company to offer robotaxi services [8] - Analysts predict that Tesla's market cap could reach $2 trillion by the end of the year and $3 trillion by the end of 2027, reflecting a potential 25% increase in stock price this year and an 87% increase by 2027 [9]

美东时间14日15时15分（北京时间15日4时15分）左右，搭载4名宇航员的美国太空探索技术公司"龙"飞 船与国际空间站完成自动对接。"龙"飞船于美东时间13日由"猎鹰9"火箭从佛罗里达州卡纳维拉尔角太 空军基地发射升空。这是"龙"飞船第12次为国际空间站运送轮换宇航员。据美航空航天局介绍，4名宇 航员此次太空任务时长约8个月，其间将开展多项科研实验，为未来的月球和火星探索任务做准备，例 如研究植物与固氮细菌的相互作用，以提升太空环境下的食物生产能力等。 (新华社) ...

Ford and General Motors (GM) have both announced plans to venture into the world of energy storage, following in the footsteps of the electric vehicle (EV) giant Tesla. The two U.S. automakers have big plans for business expansion, which could drive down EV manufacturing costs, reduce reliance on imports, and expand their portfolios. The U.S. EV market is growing at a slower pace than anticipated as the Trump administration waters down aims set by the previous government to restrict the sale of internal ...

Core Insights - Tesla is set to begin production of the Cybercab robotaxi in April, aiming for long-term production of 2 million units annually, while also working on the Optimus humanoid robot [2][3] - The production ramp-up for both Cybercab and Optimus is expected to be slow due to the need to manufacture much of the supply chain from scratch [4] - Tesla's recent earnings report indicated a 46% decline in net income year-over-year, marking the smallest profit since the COVID-19 pandemic, as the company shifts focus towards AI, autonomy, and robotics [5] Production Plans - The Cybercab is designed as a two-seat vehicle without a steering wheel or pedals, with an expected cost of around $25,000 [2] - Tesla plans to wind down production of Model S and Model X in the next quarter to repurpose the Fremont factory for Optimus robot manufacturing [6] - The company has initiated robotaxi rides in Austin without safety monitors, advancing its autonomous testing efforts [6] Financial Developments - Tesla anticipates capital expenditures exceeding $20 billion this year, driven by initiatives in AI and expanded manufacturing [5] - The company launched an autonomous ride-hailing service in Austin in June, currently operating a limited number of Model Y vehicles as part of ongoing testing [3]

以下文章来源于泽平宏观商学 ，作者泽平宏观商学 泽平宏观商学 . 前沿科技企业实战研学 读万卷书行万里路 2025 年 12 月 用心打造最有品质的实战研学。读万卷书，行万里路。把教室搬到世界上最优秀的企业， 请最优秀的企业家和科学家讲课。顺势而为，把握机遇。正心正念，坚持做长期正确的 事！ 我们期待与更多的企业家朋友们携手同行，共赴 2026 实战研学之旅！ 泽 ZEP 平 INGM 宏 ACR 观 O RE 商 SEAR 学 CH 1-6月日程安排 · 谷歌、罗宾汉、playground 斯坦福大学、伯克利大学 3月27日-28日 苏州 追觅科技、魔法原子、灵猴机器人 闭门投研会-2026 Al 的中国力量(一) 3月29日 上海 长三角校友会 4月20日-21日 香港 2026 香港 Web3 嘉年华 复星财富、HashKey、港交所 5月22日-23日 1151 11:47:50 深圳 华为、新凯来、江波龙、莫界科技 闭门投研会—2026 Al 的中国力量(二) 6月26日-27日 2月27日 北京 国内头部智驾科技企业 人形机器人 年研学安 型成 11月4日-11日 洛杉矶、拉斯维加斯、旧金山 CE ...

关注 「电动车公社」 和我们一起重新思考汽车 随着新能源大潮袭来，全球汽车格局也发生了极大的变化。 中国车企乘势而起，正在跻身全球顶尖的行列；原本的全球巨头，却可能受制于战略转型，面临承压。 这一点，在各家财报上体现得尤为明显。前一年还赚得盆满钵满，下一年却可能因为种种原因"扭盈为亏"。 如此形势下，无论是传统巨头还是新势力，都必须根据自身情况和外部环境，随时调整计划，作出最适合自己的决策。 眼下，就让我们通过8家车企的财报表现，来回顾一下略显严峻 的市场情况吧。 需要注意的是， 由于港股、美股不同上市公司公布年度业绩的时间，主要集中在次年的 2-4 月份，而日本车企的财年计算方法稍有不同（从每年 4 月开始 是新财年） ，所以公社在这里总结的是截至到 2026 年 2 月 12 日，已公开的车企财报或业绩预告。 1 、 特斯拉：切换身份中 特斯拉 2025 年全年财报：营收 948.27 亿美元，同比下降 3% ， 出现史上首次下滑 ；净利 润 37.9 亿美元，同比下降 46%， 和前些年的如日中天不可 同日而语。 | FINANCIAL SUMMARY | | | | | | | | | --- | - ...

Core Viewpoint - Tesla, Inc. is being recognized as a significant player in the AI sector, with a focus on long-term value tied to its evolution into a physical AI and platform-based company [1][5]. Group 1: Investment Strategy - Benchmark has identified 2026 as a pivotal investment year for Tesla, emphasizing the company's strategic shift towards reinvestment and platform development rather than immediate earnings optimization [2][3]. - Analyst Mickey Legg has reiterated a Buy rating on Tesla's stock with a price target of $475.00, reflecting confidence in the company's future growth [1][5]. Group 2: Financial Performance - Despite undergoing a strategic transition, Tesla's Q4 results demonstrated resilience in margins, growth in energy sectors, and strong cash generation [2]. - The outlook for 2026 suggests that increased spending will occur across areas such as autonomy, AI, robotics, and energy infrastructure, which could drive future growth [3]. Group 3: Market Position - Tesla is positioned as an automotive and clean energy company that utilizes advanced AI in its autonomous driving technology and robotics initiatives, highlighting its innovative edge in the market [5].

多次嚷嚷着期待访华后，特朗普忽然对华下黑手。 扬言要对砸下160%的关税，摆出一副强硬制裁、势在必得的架势。 妄图通过极限施压遏制中国发展，让美国实现赶超。 可他万万没想到，这场精心策划的制裁，最终却沦为搬起石头砸自己的脚。 2月12日，那天美东时间的下午，纽约证券交易所的空气里弥漫着烧焦的味道。 巨大的电子看板上，并没有出现交易员们期待的"软着陆"曲线，取而代之的是一片令人窒息的惨绿。 道琼斯指数像是断了线的风筝，狂泻669点，纳斯达克也没能幸免，重挫2.03%。 人们在大厅里奔走呼号，惊恐地看着科技股的K线图做自由落体运动。 彼时媒体将这场雪崩归咎于对AI泡沫的恐慌，或者美联储那些模棱两可的暗示。 但如果我们把目光从喧嚣的交易大厅移开，聚焦到前一天。 美国商务部那张不起眼的办公桌上。 你会发现一份名为最终裁定的白色文件，才是引爆这颗深水炸弹的真正雷管。 就在那个2月，整个市场还在憧憬着特朗普按计划于4月访华，双方或许能在握手中达成某种默契。 然而，华盛顿的官僚们却在这个节骨眼上，选择了一种最极端的见面礼。 美国商务部国际贸易管理局大笔一挥，直接对来自中国的石墨产品宣战了。 反倾销税率被设定在93.5%到1 ...

Group 1: Investment Moves - Soros Fund Management initiated positions in Broadcom and Tesla worth a combined $69 million in Q4 [1] - The fund purchased 102,379 shares of Broadcom valued at approximately $35.4 million, averaging around $345 per share [1] - Soros acquired 56,661 shares of Tesla worth about $25.5 million, with an implied average buy price of $450 per share [1] Group 2: Broadcom's Performance - Broadcom's Q4 AI chip revenue reached $6.5 billion, up 74% year-over-year, with Q1 guidance of $8.2 billion, indicating 100% growth [1] - Analysts project AI semiconductor sales to double as a portion of revenue by 2026, potentially exceeding half of total sales by year-end [1] - Overall revenue for Broadcom is expected to grow 52% in fiscal 2026, reaching about $94 billion, driven by AI and infrastructure software [1] Group 3: Tesla's AI Initiatives - Tesla is investing between $30 billion to $70 billion in AI and robotics, including Full Self-Driving software and the Optimus humanoid robot [1] - The company aims to ramp up production of the Optimus robot to 50,000 to 100,000 units by 2026 [1] - Analysts forecast Tesla's net income to reach around $6.1 billion by 2026, with a potential market cap of $5 trillion if robotics initiatives succeed [2]