Group 1 - Tesla CEO Elon Musk sharply criticized Ford's contraction of its electric vehicle strategy, indicating that it signifies the traditional automotive industry's inevitable decline [2] - Ford's strategic retreat includes halting production of the F-150 Lightning electric pickup and focusing on more profitable hybrid and gasoline models due to significant financial pressures, with an expected $19.5 billion in special project losses [2] - The shift in consumer purchasing preferences towards factors like range, battery, and smart technology has provided strong internal momentum for the development of the electric vehicle market [5][6] Group 2 - The traditional automotive industry faces a "catch-22" transformation paradox, where companies like Ford cannot bear the losses from transitioning to electric vehicles while also being unable to let go of the profits from gasoline vehicles [3] - Chinese electric vehicle manufacturers have established systemic advantages, leveraging technologies such as blade batteries and 800V high-voltage platforms, and controlling 70% of global power battery capacity [3] - In 2023, China's new energy vehicle sales reached 14.78 million units, reflecting a year-on-year growth of 31.4% [6]