Tesla(US:TSLA) Orient Securities·2025-06-24 01:13Investment Rating - The industry investment rating is Neutral (maintained) [6] Core Insights - The launch of Tesla's Robotaxi service is expected to enhance the sales of existing models and the upcoming Cybercab, with a fixed fare of $4.2 per ride during the initial phase [9] - Strong players in the autonomous driving and vehicle manufacturing sectors are anticipated to capture market share in the Robotaxi market, with companies like Baidu, WeRide, and Pony.ai leading in operations [3][9] - The commercialization of Robotaxi services is accelerating in China, with various companies planning to expand their fleets and services significantly by 2025 [9] Investment Recommendations and Targets - Recommended stocks in the T-chain benefiting from Robotaxi developments include: - Xinquan Co., Ltd. (603179, Buy) - Yinlun Machinery (002126, Buy) - Top Group (601689, Buy) - Aikodi (600933, Buy) - Rongtai Co., Ltd. (605133, Buy) - Huayu Automotive (600741, Buy) [4] - Recommended smart driving vehicle stocks include: - SAIC Motor (600104, Buy) - JAC Motors (600418, Not Rated) - XPeng Motors (09868, Not Rated) - Li Auto (02015, Not Rated) - Geely Automobile (00175, Buy) [4] - Recommended smart driving chain stocks include: - Jingwei Hirain Technologies (688326, Buy) - Bertel (603596, Buy) - Desay SV (002920, Buy) - Huayang Group (002906, Buy) [4]