Zhong Guo Neng Yuan Wang·2025-06-27 01:28Group 1 - Tesla has officially launched its Robotaxi service in Austin, Texas, with approximately 10 upgraded Model Y vehicles currently in operation, providing autonomous ride-hailing services [1][4][5] - The Robotaxi service operates on an invitation-only basis, allowing selected users to book rides through a dedicated "Tesla Robotaxi" app, with a fixed fare of $4.2 per trip [5][4] - The service is expected to expand in the future with the introduction of more vehicle models, including Cybercab, and an increase in operational coverage [4][5] Group 2 - The report maintains a positive long-term outlook on Tesla's humanoid robot industry chain, emphasizing that initial production phases of innovative products often face challenges [2][3] - The production progress of Tesla's humanoid robot, Optimus, is significantly influenced by technological innovation and supply chain factors, similar to past vehicle models [2] - The report suggests that adjustments in Tesla's plans and progress will create new opportunities for component manufacturers, recommending companies with strong technical capabilities and cost control [3][6] Group 3 - The launch of the Robotaxi service marks a new phase in the commercialization of Tesla's autonomous driving technology, with the potential to become a new growth curve for the company [5][4] - The report highlights the importance of validating the business model in the short term, while anticipating growth as more specialized vehicles are added to the fleet [5][4] - Recommended stocks include core suppliers in the Tesla supply chain, such as Xinquan Co., Wencan Co., Aikedi, Rongtai Co., and Top Group [5][6]