Tesla(US:TSLA) 券商中国·2025-09-07 05:10Core Viewpoint - Tesla's CEO Elon Musk expresses strong confidence in the company's self-developed AI chips, particularly the AI5 and AI6, which are expected to be groundbreaking products in the AI chip market [1][3]. Group 1: AI Chip Development - Musk announced that the design review for the AI5 chip has been successfully completed, and it is anticipated to be a "breakthrough product" [3]. - The AI5 chip is expected to be the best inference chip for models with approximately 250 billion parameters or less, featuring the lowest silicon cost and the highest performance-to-power ratio [3][4]. - The AI6 chip is projected to achieve even greater advancements and will be produced by Samsung Electronics under a $16.5 billion contract [4]. - Tesla has decided to focus all its chip talent on developing these chips, having previously dissolved its Dojo supercomputer team to streamline resources [4][5]. Group 2: Executive Compensation Plan - Tesla has proposed a $1 trillion compensation plan for Musk, which includes performance-based stock options contingent on achieving ambitious operational goals [7][8]. - The plan requires Musk to lead Tesla to deliver 20 million vehicles, achieve 10 million active subscriptions for full self-driving, deliver 1 million humanoid robots, and increase the company's market value from $1 trillion to at least $8.5 trillion [7][8]. - Analysts view this compensation plan as a strategy to retain Musk and motivate him to continue leading the company through critical growth phases, particularly in autonomous driving and robotics [8][9]. - Some investors have criticized the plan as irresponsible, arguing that the funds could be better utilized for research and development or acquisitions [9].