Tesla(US:TSLA) Huaxin Securities·2025-07-21 14:09Investment Rating - The report maintains a "Buy" rating for the automotive industry, indicating a positive outlook for potential investment opportunities [12][44]. Core Insights - The automotive sector has shown strong performance, with the CITIC Automotive Index rising by 3.2%, outperforming the broader market by 2.1 percentage points [17]. - The report highlights significant developments in the robotics sector, including the IPO initiation of Yushu Technology and major contracts won by UBTECH, suggesting a potential upward trend in the robotics market [4][5][6]. - Tesla's announcement of the Model Y L and Model 3+ is expected to boost sales in China, with both models set to launch within the year [7][8]. Market Performance - The automotive sector's performance over the past month shows a 5.9% increase, a 7.5% increase over three months, and a substantial 33.3% increase over the past year [2]. - The report notes that the passenger vehicle segment increased by 3.4%, while commercial vehicles rose by 0.4% [18]. Company Announcements and New Vehicle Launches - Yushu Technology has officially started its IPO process, with plans to submit application documents by October 2025 [4]. - UBTECH has secured a procurement project worth 90.51 million yuan, marking a record high for humanoid robot contracts [5]. - Tesla's Model Y L is set to feature a three-row, six-seat layout, with significant design adjustments and improved power specifications [7]. Investment Recommendations - The report recommends several companies within the humanoid robotics sector, including Shuanglin Co., Ltd. and Rongtai Co., Ltd., as well as companies involved in linear joint assemblies and sensors [9][42][43]. - It emphasizes the potential for growth in the automotive parts sector, particularly in lightweight materials and smart automotive technologies [43].