因圣诞节假期，欧美等主要市场周四休市。 每经编辑｜陈鹏程 王晓波 V 日本11月失业率公布 2 荣耀WIN系列将于12月26日正式发布 3 星宸科技2025开发者大会暨产品发布会将于1 月26日举办 4 北京市机器人产业协会成立大会将于12月26E 召开 5 国家发改委12月26日将举行新闻发布会，介绍 国家创业投资引导基金有关工作 1 隔夜市场 沪银收涨5.50%，报18131元人民币/公斤，创历史新高。 当地时间25日，埃及央行在当天召开的货币政策委员会会议上决定，将基准利率下调100个基点。此次降息后，存款利率降至20%，贷款利率降至21%。此 次降息，是埃及央行2025年内的第五次降息。 2 商务部回应TikTok将在美成立合资公司 商务部新闻发言人何咏前12月25日在回答关于TikTok将在美成立合资公司的有关提问时说，中国政府希望企业达成符合中国法律法规、利益平衡的解决方 案。 商务部：坚决反对美对华半导体产品加征301关税 商务部新闻发言人何咏前25日在回答关于美宣布对部分中国半导体产品加征301关税的有关提问时说，中方注意到有关情况，已通过中美经贸磋商机制向美 方提出严正交涉。中方不认同美方3 ...

Core Viewpoint - Elon Musk is shifting focus back to Tesla amid significant challenges posed by U.S. tariffs on China, which have impacted the company's performance and supply chain stability [1][5][7]. Financial Performance - Tesla reported a net income of $409 million for Q1, a 71% year-over-year decline, with revenue down 9% compared to the previous year, and a 20% drop in automotive revenue [3][5]. - The company experienced its largest sales drop since inception, with a year-over-year decrease of 50,000 vehicles sold [3]. Impact of Tariffs and Trade Policies - The U.S. government's tariffs on Chinese imports have created dual pressures on Tesla, necessitating a reevaluation of Musk's priorities [5][7]. - Musk has acknowledged that restrictions on rare earth exports from China are affecting the production of Tesla's humanoid robots, prompting him to seek cooperation with Chinese authorities for export permits [7][9]. Strategic Adjustments - In response to the challenges, Tesla plans to focus on technological innovation and business adjustments, particularly in new vehicle development and resource mobilization in key markets like China [9][11]. - The company is also navigating the complexities of global supply chain fluctuations while aiming to ensure a stable supply of critical materials [9]. Broader Industry Context - The European Union has indicated it will not isolate China despite ongoing negotiations with the U.S., suggesting a potential shift in global trade dynamics that could affect companies like Tesla [11].