Core Viewpoint - Tesla's board has approved a stock award of 96 million shares to CEO Elon Musk, valued at approximately $29 billion, contingent on his continued role until 2027 and restrictions on selling until 2030 [1][4]. Group 1: Stock Award Details - The stock award allows Musk to purchase shares at $23.34 each, with the total value estimated at $29 billion (approximately 208.3 billion RMB) [1]. - If a Delaware court reinstates Musk's 2018 compensation plan valued at $55 billion, this new award will automatically become void to prevent "double-dipping" [3]. Group 2: Strategic Importance of Musk - Tesla emphasized the importance of retaining Musk, stating that this incentive is crucial for his continued leadership [4]. - Following the announcement, Tesla's stock price rose over 2%, increasing its market value by $21.4 billion (approximately 153.7 billion RMB) [4]. Group 3: Historical Context and Legal Issues - The ongoing legal dispute regarding Musk's previous compensation plan has lasted seven years, with the 2018 plan initially valued at $2.6 billion but later soaring to $56 billion due to rising stock prices [6]. - The Delaware court previously invalidated the 2018 compensation plan, citing unfair approval processes by the board [6]. Group 4: Market Performance and Challenges - Tesla's stock has faced challenges, with a nearly 25% decline this year, underperforming the broader market [12]. - The company is transitioning from its primary automotive business to focus on autonomous taxi services and robotics, amid pressures on vehicle sales and brand loyalty [11].

Group 1 - US President Trump announced plans to significantly increase tariffs on India due to its substantial purchases of Russian oil and subsequent resale on the open market [2][12] - Li Ka-shing's son, Li Zeju, denied rumors regarding the sale of a luxury property in Hong Kong for HKD 5 billion, stating that such reports are fabricated [16] - The controlling shareholder of Kuozi Jiao plans to reduce holdings by up to 10 million shares, potentially cashing out over CNY 300 million, raising concerns about the company's future performance [20] Group 2 - China's service trade imports and exports totaled CNY 38,872.6 billion in the first half of 2025, reflecting an 8% year-on-year increase, with exports growing by 15% [7] - The People's Bank of China reported a net liquidity injection of CNY 1 trillion through MLF and CNY 2 trillion through reverse repos in July [8] - ByteDance announced the launch of its 2026 campus recruitment, offering over 5,000 positions, indicating a significant increase in hiring compared to the previous year [18] Group 3 - Xpeng Motors reported over 18,000 units sold overseas in the first half of 2025, marking a 217% year-on-year increase, with significant contributions from the European market [24] - IKEA China announced its entry into JD.com, set to officially open on August 8, as part of its strategy to enhance online presence [25] - Tesla approved a stock award of 96 million shares to Elon Musk, reflecting confidence in his leadership and contributions to the company [26]