Tesla(US:TSLA) Shanghai Aijian Securities·2025-10-13 08:39Investment Rating - The automotive industry is rated as "Outperform" compared to the market index [3][11]. Core Insights - The automotive sector experienced a decline of 1.26% this week, ranking 26th out of 31 sectors, while the CSI 300 index fell by 0.51% [3][5]. - Tesla's strategic price reduction for its standard Model Y and Model 3 is expected to enhance market penetration, with potential prices for the domestic versions dropping to approximately 23.5 million and 20 million yuan respectively [3]. - Tesla's FSD V14 update significantly enhances autonomous driving capabilities, with improvements in model parameters and decision-making speed, which may impact the competitive landscape for autonomous driving technology [3]. Summary by Sections Industry Performance - The A-share automotive sector index closed at 8,141.2 points, with a weekly decline of 1.26% [3][5]. - The sub-sectors performed variably, with automotive services up by 1.70% and automotive parts down by 1.71% [7]. Stock Performance - Top-performing stocks in the A-share automotive sector included Meili Technology (+18.86%), Jinlong Automobile (+13.68%), and Kabeiyi (+13.23%) [8]. - In the Hong Kong market, China National Heavy Duty Truck (+3.50%) and Shou控 Group (+3.45%) were among the top gainers [9]. Tesla's Developments - Tesla's price adjustments and FSD V14 update are pivotal in reshaping its market strategy and enhancing its competitive edge in the autonomous driving sector [3]. - The FSD V14 update is expected to significantly increase user subscriptions and improve overall profitability due to its software margins being higher than hardware [3].