特斯拉（TSLA）：周报-20251209

Investment Rating - The report does not explicitly state an investment rating for Tesla (TSLA) [4]. Core Insights - Tesla's Full Self-Driving (FSD) v14.2.1 update includes significant enhancements, allowing drivers to send text messages while driving, subject to traffic conditions [3]. - The FSD experience project in Europe has been extended, with a new trial period from December 1, 2025, to March 31, 2026, in major cities across Germany, France, and Italy [5]. - Tesla's Optimus robot has shown improved capabilities, including natural running and enhanced dexterity, moving closer to the vision of robots manufacturing other robots [6]. - Demand for the Model Y in China remains strong, with delivery dates pushed to early 2026 due to high order volumes [7]. - New versions of the Model 3 and Model Y have been launched in Europe, with competitive pricing aimed at increasing market penetration [9]. - Tesla is expanding its CyberCab production team and upgrading external camera systems to enhance its autonomous driving capabilities [10][11]. - The Megapack project in Hokkaido, Japan, has officially launched, contributing to Tesla's growth in the energy storage market [12]. Summary by Sections FSD Update - Major updates to FSD v14.2.1 include new texting capabilities while driving, pending regulatory considerations [3]. European Expansion - The FSD experience has been well-received in Europe, leading to an extension of the trial period [5]. - New Model 3 and Model Y standard versions have been introduced in Europe, with competitive pricing [9]. Robotics Development - The Optimus robot has demonstrated significant advancements in movement and dexterity, aligning with Tesla's manufacturing vision [6]. Electric Vehicle Demand - The Model Y continues to perform well in the saturated Chinese market, with delivery timelines indicating strong demand [7]. Production and Technology Enhancements - Tesla is actively hiring for its CyberCab production team and upgrading its camera systems to support autonomous driving [10][11]. - The Megapack project in Japan marks a significant step in Tesla's energy storage initiatives [12].