Group 1: Tesla Inc. Developments - Tesla is considering collaborating with Boxabl for upgrades to its Supercharger locations, potentially enhancing user experience with improved amenities [3] - Elon Musk's recent housing investment in Boxabl highlights his ongoing support for innovative housing solutions [3] Group 2: Competitive Landscape - Ross Gerber, an investor, suggests that Uber Technologies Inc. is facing challenges due to the rapid growth of Waymo, which has reached 450,000 weekly rides and boasts an annual revenue of $200 million [2][5] - General Motors Co. has seen its stock surge approximately 45% year-to-date, driven by a renewed focus on autonomy under the leadership of Sterling Anderson, a former Tesla executive [5][6] - Rivian Automotive and Lucid Group are emerging competitors in the robotaxi market, each pursuing different strategies that could reshape the autonomous vehicle industry [7]

Core Insights - Tesla Inc. aims to regain its position as the leading electric vehicle (EV) company globally, focusing on self-driving technology and new model launches [1] - Stellantis N.V. has partnered with Bolt to deploy driverless vehicles in Europe, planning on-road trials by 2026, which will integrate their autonomous vehicle platforms with Bolt's extensive ride-hailing network [2] - The European EV market is becoming increasingly competitive, with traditional automakers like Ford and Renault developing affordable EVs to counter the rise of Chinese manufacturers and Tesla's declining sales [5][3] Tesla's Challenges - Tesla's self-driving program is facing significant challenges, including a decline in sales by double-digit percentages in 2025, with some countries experiencing over a 40% drop [3] - Allegations of Elon Musk's interference in EU politics may have contributed to buyer dissatisfaction in Europe [3] - Tesla's plans to introduce a $25,000 EV are becoming increasingly delayed, raising concerns about its competitive edge in the low-end market [6] Competitive Landscape - The partnership between Stellantis and Bolt highlights the regulatory challenges of deploying self-driving vehicles across different EU nations, but both companies are optimistic about overcoming these hurdles [3] - Ford's CEO emphasized the urgency of competing in the European EV market, especially after poor performance in the U.S. [5] - The entry of new competitors in the small EV segment indicates a shift in market dynamics, posing additional challenges for Tesla [5]

大家好我是大鱼 上海超级工厂 刚下线第 400 万辆车 这速度堪称恐怖 但如果你以为 现在能轻易买到 Model 3 Performance 或6 座Y 那我得泼你 一盆冷水 今年没戏 得等到明年二月 这不仅是产能瓶颈 更是马斯克 面对购置税退坡 为了平衡年底冲刺 与明年Q1 数据 所布下的高明棋局 这背后的逻辑 究竟有多深？ 大家不要错过 今天的精彩内容 OK let's go 第一部分 上海工厂火力全开 就在刚刚 上海 超级工厂 （Giga Shanghai） 又搞了个大新闻 第400 万辆 Tesla 正式下线！ 这速度简直 不讲武德 距离投产才几年？ 才6 年！ 但兄弟们 先别急着鼓掌 如果你现在才想 下单买那台最猛的 Model 3 Performance 或者是那台 大家都在抢的 6 座版Model YL 我得泼你一盆冷水 今年你恐怕 是拿不到车了 这背后到底 发生了什么？ 是产能不足 还是马斯克 在下一盘大棋？ 首先我们得给 上海工厂的 兄弟们点个赞 4 million vehicles 这数字在 传统车企眼里 简直是天文数字 但在Tesla 这里 好像就是个 普通的星期一 根据CPCA 最新的 ...

Market Trend & Industry Dynamics - Global logistics giant DHL has presented evidence disproving doubts about electric trucks [1] - Tesla Semi, fully loaded with 34 tons, traveled 627 kilometers in testing [1] - The commercial world's physical laws are being rewritten by Musk [1] - The old era is ending [1] Investment Opportunities & Potential Risks - Tesla's energy consumption is so low that competitors are in despair [1] - Average energy consumption is only 1.72% kWh per mile [1] - Tesla has reduced costs to the floor price [1]

Core Insights - The corn market is experiencing strong export demand but is hindered by large supplies, leading to price stagnation [1][3] - Concerns about US corn supplies for the 2026 planting season are emerging, with expectations of tight vendor supplies [2] - The soybean market is currently waiting for significant export business, particularly from China, which has not yet materialized [6][10] Corn Market Analysis - The national corn index recently climbed above $4 for the first time since last spring, indicating some market momentum [3] - Despite solid demand, the weak basis suggests that there is still an abundance of supplies available [4] - If demand decreases during winter, the market could weaken due to the ample bushels on hand [4][5] Soybean Market Dynamics - The soybean market is seeing commercial activity but lacks substantial sales, particularly from China, which is a key player [6][9] - Weekly export sales and shipment numbers are lagging, indicating a delay in catching up with demand [8] - There is speculation that some sales to China may be occurring below reportable levels, which could affect future reporting [9] Geopolitical and Economic Influences - The upcoming Fed meeting is anticipated to result in a quarter-point rate cut, which could weaken the US dollar and support commodities [12][15] - Political factors are currently influencing market movements more than traditional economic indicators [13] - The potential for a ceasefire in the Russia-Ukraine conflict could impact crude oil markets, but current reactions have been muted [19] Silver and Biofuels Outlook - Increased demand for silver, driven by electric vehicle production, has led to record prices, with silver crossing $58 recently [21] - Changes in fuel economy standards could affect both the silver market and ethanol demand, as a shift towards gasoline vehicles may increase ethanol usage [22]

Core Viewpoint - Ford Motor Co.'s exploration of electric vehicles (EVs) is still ongoing and has not reached a definitive conclusion [1] Group 1 - The company is actively experimenting with electric vehicles, indicating a commitment to the EV market [1] - There are ongoing developments and potential future strategies related to Ford's electric vehicle initiatives [1]

Core Viewpoint - Constellation Energy is well-positioned to benefit from a significant increase in electricity demand driven by factors such as artificial intelligence, data centers, and electric vehicles, particularly in the nuclear power sector [1][3][4]. Group 1: Demand Growth - Electricity demand increased by only 9% from 2000 to 2020, but projections for 2020 to 2040 have been revised significantly, with expected growth rising from 21% in 2021 to 38% in 2024, and further to 55% in 2025 [2]. - The shift towards clean energy sources, particularly nuclear power, is expected to be a major beneficiary of this demand increase as the world moves away from coal [3]. Group 2: Company Positioning - Constellation Energy is the largest provider of nuclear power in the United States and operates as an independent power producer, selling electricity on the open market under long-term contracts [4]. - The company has secured a deal with Microsoft to supply power from the Three Mile Island site, indicating strong demand for nuclear energy and the potential for reopening previously shuttered plants [6][7]. Group 3: Valuation Concerns - Constellation Energy's price-to-book (P/B) ratio is 7.8 and its price-to-earnings (P/E) ratio is over 41, significantly higher than the average utility sector P/B ratio of 2.4 and P/E ratio of approximately 20.5 [9]. - The stock has experienced a pullback of around 10% from its all-time high, but the valuation remains high, suggesting that investors may be overly optimistic about the company's future prospects [11]. Group 4: Investment Sentiment - Investors need a strong conviction in the nuclear power narrative to justify the premium on Constellation Energy's stock, and conservative investors may prefer to remain cautious [12]. - The stock is viewed as an expensive option for gaining exposure to nuclear power, especially considering the potential for significant price volatility [13].

大家好我是大鱼 一则看似普通 的低薪招聘 却揭露了 特斯拉FSD 准备「硬闯」欧洲 的终极战略 为什么马斯克 急于在路况复杂 号称地狱级副本 的奥地利维也纳 大量招募 「高级司机」？ 这不是让你送快递 这是要你去当 FSD 的人肉教练！ 今天的视频 将解读这次 招聘背 后马斯克布 下的 惊天大棋 大家不要错过 今天的精彩内容 OK let's go 特斯拉的股票 周一收盘是430.14% 全天下跌了 0.03%美元 跌幅是0.007% 成交量是 5510万股 第一部分 FSD 杀进音乐之都！ 特斯拉的FSD 终于要对欧洲的 「老古董」 街道下手了！ 最近网上流出一张 特斯拉在奥地利 维也纳（Vienna） 的征才广告 职位名称很直白 就叫「 车辆操作员」 （Vehicle Operator） 这可不是 让你去送快递 这是要你去当 FSD 的「人肉教练」！ 这张看似普通的 招聘截图背后 其实藏着马斯克 攻陷欧洲大陆 的最后通牒 咱们就来扒一扒 这个维也纳 的招聘广告 到底释放了 什么信号？ 为什么说2026年 将是欧洲电动车 市场的「变天之年」？ 首先 我们来看看 这份工作 到底在干嘛 地点 奥地利首都 维也纳 ...

Core Viewpoint - Legacy automakers are hesitant to collaborate with Tesla on autonomous driving due to strategic importance, preferring to develop their own EV and autonomous technologies [2][3]. Group 1: Tesla and Legacy Automakers - Investor Gary Black believes that while legacy automakers may allow their EVs to use Tesla's Superchargers, they will not permit Tesla to control their full self-driving capabilities [2]. - Black emphasizes that autonomous driving is too strategically important for any automaker to relinquish to Tesla, despite the possibility of some companies signing agreements for Full Self-Driving (FSD) deployment [3]. - Automakers continue to invest in EVs and autonomous vehicles, even amid profitability concerns, indicating a commitment to developing their own technologies [3]. Group 2: FSD Licensing and European Expansion - Tesla has offered legacy automakers licensing opportunities for its FSD technology, but these offers have been largely rejected or met with proposals deemed ineffective by Tesla [4]. - Tesla is looking to expand its FSD technology in Europe, with the Netherlands Vehicle Authority confirming collaboration on testing procedures, aiming for a rollout by February 2026 [5]. Group 3: Tesla's Market Performance - Tesla experienced a nearly 50% decline in new registrations in the European market in October, contrasting sharply with BYD's over 200% increase in registrations in the same region [6]. - Tesla's performance metrics indicate strong momentum, satisfactory quality and growth, but poor value, with a favorable price trend in the medium and long term [7].

Loomis Sayles, an investment management company, released its “Global Growth Fund” investor letter for the third quarter of 2025.  A copy of the letter can be downloaded here. In the third quarter, the fund returned 7.59% compared to 7.62% for the MSCI ACWI Index Net. The firm seeks to invest in high-quality businesses that possess sustainable competitive advantages and experience profitable growth, especially when these companies are trading at a substantial discount to their intrinsic value. In addition, ...