一周股评｜A股失守4000点，马斯克要冲击美股8万亿市值

Market Overview - The A-share market failed to maintain the 4000-point level, closing at 3990.49 points, with the Shanghai Composite Index down 0.97% and the Shenzhen Component down 1.93% [1] - Trading volume decreased to 195.81 billion yuan, a 4% drop from the previous day, but remained around 200 billion yuan, indicating active market participation [1] - A total of 3326 stocks declined, with 10 stocks hitting the daily limit down, and a significant net outflow of 96.4 billion yuan from the market, the highest for the week [1] Automotive Sector Performance - Despite the overall market downturn, the automotive sector showed resilience, with several companies experiencing stock price increases [4] - Xpeng Motors demonstrated strong performance following its Technology Day, showcasing its potential through AI advancements [5][9] - Xpeng's stock surged by 16% on November 10, reaching a yearly high of $28.235 per share, doubling from its lowest point of $11.14 per share earlier in the year [9] Financial Results and Trends - In Q3, domestic passenger car wholesale sales reached 7.686 million units, a year-on-year increase of 14.7%, with new energy vehicle sales at 4.024 million units, up 24.2% year-on-year [11] - Despite rising revenues, the average gross margin for car manufacturers fell to 15.1%, and net profits declined, with BYD reporting a 7.68% drop in net profit to 24.2 billion yuan [11] - The trend of low profitability in the new energy vehicle sector continues, indicating ongoing challenges for manufacturers [11][15] Tesla's Developments - Tesla's recent shareholder meeting approved Elon Musk's ambitious compensation plan, contingent on increasing the company's market value from $1 trillion to $2 trillion [13][15] - Tesla's Q3 revenue was $28 billion, a year-on-year increase of 11.57%, but net profit fell by nearly 40% to $1.389 billion, highlighting profitability challenges in the electric vehicle market [15]