根据市场调研机构Cox Automotive发布的最新数据显示，8月，特斯拉在美国的市场份额跌至38%，创 近八年新低。分析师预计，美国电动汽车销量将在九月继续增长，但随着月底联邦税收抵免到期会有所 回落，这会增加特斯拉及其他汽车制造商的财务压力。（中国汽车报） ...

Group 1 - Tesla has launched its official Weibo account "TeslaAI" and showcased its humanoid robot [2][3] - The humanoid robot, likely the "Optimus 3," features a bionic design with realistic hand details and is expected to have significant improvements over previous versions [4] - Elon Musk anticipates the release of the Optimus 3 prototype by the end of this year, with mass production starting in 2026, aiming for an annual output of 1 million units within five years [4] Group 2 - Tesla's "Master Plan Part IV" indicates a strategic shift from electric vehicles and energy products to a focus on artificial intelligence and robotics [5] - The company has accumulated nearly two decades of technology development in electric vehicles, energy products, and bionic robots, with a vision to integrate AI into real-world products and services [5] - Musk stated that autonomous driving and the Optimus robot will be the company's top priorities, projecting that about 80% of Tesla's future value will come from the Optimus robot [5]

特斯拉最新。 9月7日，特斯拉开通"TeslaAI"的官方微博，认证为"特斯拉官方账号"，并发布首条微博展示其人形机器人。 特斯拉发布了两张人形机器人的照片，并配文："我一直在努力改善自己的身材"。 参考图片，该机器人身上印有特斯拉Logo，整体采用浅金色/黑色配色，应当是先前曝光的"Optimus 3 人形机器人"。 此前消息显示，这台机器人还拥有仿生设计的手部，带有真人手部的褶皱、指甲轮廓、关节痕迹等，细节较为逼真，相比前两代Optimus的手部有较为明显的进 步。 根据宏图计划4.0的介绍，特斯拉在过去的近二十年里，通过开发电动汽车、能源产品和仿生机器人，进行不懈的技术积累。而随着人工智能技术的影响力与日 俱增，特斯拉故事的"下一章"将是"打造将人工智能融入现实世界的产品与服务"，这将会创造一个"可持续的富足的未来"。对于如何实现宏图计划4.0，马斯克在 社交平台上表示，自动驾驶和机器人Optimus将是公司最重要的事项，且未来特斯拉约80%的价值将来自Optimus机器人。 责编：叶舒筠 校对： 李凌锋 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 ...

Core Viewpoint - A legal storm regarding the trade powers of the U.S. President is escalating, with a recent appellate court ruling declaring most of President Trump's global tariff policies illegal, creating uncertainty in U.S. trade strategy [1] Legal Timeline - The legal battle's direction will become clearer in the coming weeks, with a critical date of October 14, when the appellate court's stay expires. If the Supreme Court does not intervene by then, the ruling will take effect, leading to the automatic expiration of tariffs under the International Emergency Economic Powers Act (IEEPA) [1][2] Alternative Tariff Strategies - Even if the IEEPA's use is limited, the Trump administration may still utilize other legal authorizations to maintain tariff pressure, potentially compensating for an expected revenue loss of approximately $150 billion through selective tariff increases [3] Potential Winners - If the Supreme Court restricts presidential tariff powers, large retailers like Amazon and Walmart could benefit from reduced import costs and more competitive pricing. Additionally, exporters from Vietnam, ASEAN countries, Brazil, and India may experience a reduction in trade barriers, creating a positive backdrop for U.S. and global stock markets [4] Potential Losers - The U.S. bond market may face challenges due to decreased tariff revenue exacerbating the already strained fiscal deficit. Furthermore, tariffs on strategic sectors such as semiconductors, electric vehicles, pharmaceuticals, and steel may persist, leading to supply chain volatility. The global shipping and logistics industry could also encounter new compliance challenges and unpredictable costs due to fragmented trade policies [6]

Core Viewpoint - Tesla has proposed a new compensation plan for CEO Elon Musk, potentially worth up to $1 trillion, which is unprecedented in the U.S. corporate landscape [1]. Group 1: Compensation Plan Details - The compensation plan aims to incentivize Musk to continue leading Tesla over the next several years, with ambitious goals that must be met for him to receive full compensation [1]. - Key objectives include expanding Tesla's autonomous taxi business and increasing the company's market value from approximately $1 trillion to at least $8.5 trillion over a 10-year period [1]. - The plan includes provisions that could increase Musk's ownership stake in Tesla to at least 25% [1]. Group 2: Context and Implications - Musk has been a key executive at Tesla since 2008 and also manages other companies, including SpaceX and xAI [1]. - The incentive measures in the new plan are designed to encourage Musk to pursue growth in emerging markets such as robotics and artificial intelligence while maintaining focus on Tesla [1].

Core Viewpoint - Tesla is seeking investor approval for a staggering compensation package for CEO Elon Musk, potentially worth up to $1 trillion if he meets a series of challenging goals over the next decade [3][6]. Group 1: Compensation Details - The proposed compensation of $1 trillion exceeds the GDP of 90% of the world's countries, with only 19 out of 195 economies having an annual GDP over $1 trillion [3]. - If Musk receives this compensation, it would be equivalent to nearly 140 years of Tesla's projected net profit of $7.1 billion for 2024 [4]. Group 2: Performance Targets - To unlock the $1 trillion compensation, Tesla must achieve several ambitious targets: - Market capitalization must reach $2 trillion initially, with subsequent increments leading to a maximum of $8.5 trillion, each requiring a six-month duration [6]. - Adjusted EBITDA must increase from $16.6 billion to a maximum of $400 billion, representing a 24-fold growth [6]. - Sales and product goals include selling an additional 12 million electric vehicles, acquiring 10 million autonomous driving subscriptions, operating 1 million robotaxis, and selling 1 million AI robots [6]. Group 3: Belief in Tesla's Potential - Despite the daunting nature of these targets, Tesla has a history of achieving remarkable feats under Musk's leadership, instilling confidence in the possibility of meeting these goals [9].

Group 1 - The article emphasizes the importance of entrepreneurial spirit and how it can be transformed into tangible results, highlighting that human intellect is the most crucial resource in technology and product development [1] - It discusses Tesla's new compensation plan for Elon Musk, which ties his potential earnings of approximately $1 trillion in stock options to the company's market value increasing from around $1 trillion to $8.5 trillion, showcasing the irreplaceability of top entrepreneurs [1] - The article suggests that as AI companies offer top talents salaries of $100 million, it seems reasonable to provide similar or greater compensation to exceptional entrepreneurs like Musk, indicating that contributions should be aligned with rewards [1] Group 2 - The potential for China to produce entrepreneurs like Musk is affirmed, with the notion that societal understanding of hard-core innovation will evolve as successful examples emerge [3] - The success of companies like DeepSeeK is attributed to a long accumulation process, emphasizing that true success requires substantial groundwork and that societal values will shift towards innovation rather than opportunism [5] - The article posits that the transition from old to new paradigms in business will lead to a greater willingness to engage in genuine innovation as people recognize the limitations of past quick-money strategies [5] Group 3 - Musk's ambitious plans for AI and robotics are presented as serious endeavors, with a focus on his determination to follow through on his vision regardless of public opinion [7] - The article notes Musk's tendency to focus on significant signals rather than distractions, which is a key characteristic of his approach [8] - It reflects on Musk's history of making bold claims, such as initially promising to produce 1,500 electric vehicles but only delivering 200, illustrating his belief in the potential of his visions despite criticism [9] Group 4 - The article draws parallels between Musk's ambitions and ancient wisdom, suggesting that aiming high can lead to significant achievements even if the exact goals are not met [10] - It argues that without Musk's ambitious nature, companies like SpaceX and Tesla would not exist, highlighting the thin line between visionary entrepreneurs and those deemed as frauds [11] - The piece concludes that the market economy and business rules provide a framework that allows entrepreneurs like Musk to realize their creative potential and dreams [11] Group 5 - Musk's willingness to take risks, regardless of his wealth, is highlighted, indicating that he views money merely as a tool rather than a source of anxiety [13] - The article emphasizes that strategic thinking begins with hypotheses, which are essential for making accurate judgments and predictions in business [13] - It notes Musk's mission-driven approach, as he continues to advance Tesla's grand plans through iterative development [14]

Core Viewpoint - Tesla has proposed a groundbreaking compensation plan for Elon Musk, potentially worth up to $1 trillion, which is tied to ambitious technological goals over the next decade [3][5]. Group 1: Compensation Plan Details - The compensation plan is not a simple stock grant but a highly target-driven incentive structure [3]. - Musk's ability to earn the $1 trillion depends on achieving several "sci-fi level" tasks, including increasing Tesla's market value from approximately $1 trillion to $8.5 trillion [5]. - Key objectives include the large-scale commercialization of the Robotaxi business and continued breakthroughs in artificial intelligence and humanoid robotics [5][9]. Group 2: Tesla's Strategic Shift - Tesla is actively trying to shed its label as merely an "electric vehicle company" and is moving towards broader technology sectors [9]. - Achieving full Level 4/Level 5 autonomous driving would allow Tesla to generate revenue through ride services, data subscriptions, and software updates rather than just vehicle sales [9]. - The humanoid robot Optimus is in early testing stages, with Musk suggesting its long-term value could surpass that of the automotive business [11]. Group 3: Broader Technological Ecosystem - Tesla's energy business, including products like Powerwall and Solar Roof, is quietly growing and could tap into a trillion-dollar market with effective energy management and scheduling [11]. - Musk's various ventures, including SpaceX and Neuralink, are interconnected, with technological synergies that enhance Tesla's capabilities [15]. Group 4: Challenges and Considerations - There are concerns about whether Musk can effectively manage multiple high-stakes companies simultaneously, given the demands of Tesla, SpaceX, xAI, and Neuralink [13]. - The board's $1 trillion compensation plan aims to focus Musk's attention on Tesla, but it is uncertain if this will be sufficient to keep him from being distracted by his other ventures [13][16].

Group 1 - Tesla has proposed an unprecedented compensation plan for CEO Elon Musk, potentially worth nearly $1 trillion, which has garnered significant attention in the U.S. business community [1][3] - The ten-year incentive plan includes multiple performance targets, requiring the company's market value to increase from approximately $1 trillion to $8.5 trillion, and emphasizes the development of the autonomous taxi business [3] - If Musk meets all performance targets, his restricted stock could increase his ownership stake to over 25%, which is his long-standing demand [3] Group 2 - The plan indicates a significant adjustment in corporate governance, as Musk must participate in the board's CEO succession planning to unlock the final two performance rewards, balancing founder control with governance needs [3][4] - This is not the first high-value compensation plan for Musk; a previous $56 billion plan was invalidated by a Delaware court, and Tesla had offered a temporary stock reward worth about $30 billion earlier this year [3] - The board emphasized Musk's irreplaceability, stating that retaining and incentivizing him is crucial for Tesla's historic value leap, countering concerns about his divided attention [4] Group 3 - The plan includes strategic collaboration clauses, suggesting Tesla's participation in acquiring shares of Musk's AI company, xAI, reflecting Tesla's ambitions in emerging technologies [4] - This decision aligns with Musk's statement about focusing on AI and robotics if he cannot secure 25% voting rights, indicating Tesla's strategic positioning in the competitive landscape of AI and autonomous driving [4]

Core Viewpoint - Tesla's board has approved a $1 trillion, 10-year compensation plan for CEO Elon Musk, aimed at retaining him and addressing concerns about the company's technological prospects [2][3]. Group 1: Compensation Plan Details - The compensation plan is described as a "super ambitious incentive plan" with high profitability and market value targets [2]. - Musk is granted 96 million restricted shares, valued at over $31 billion based on Friday's trading price, which will vest over the next two years [2]. - Equilar estimates that Musk's total compensation could exceed $113 billion by 2025 [2]. Group 2: Shareholder Reactions - Despite potential legal challenges, compensation experts believe the plan is likely to receive shareholder approval [3]. - Major external shareholders, including Vanguard Group, BlackRock, and State Street, have not publicly stated their voting intentions [3]. - Concerns have been raised by union leaders and public finance officials regarding the implications of the compensation plan [3]. Group 3: Criticism and Governance Concerns - Critics argue that the plan reflects a broader societal issue of wealth concentration among a few capital holders, which may not be sustainable [3]. - Some analysts question whether Musk deserves such a high compensation given the company's challenges and his behavior outside of Tesla [4][5]. - There are concerns that the board's decision may set a poor precedent for corporate governance [4]. Group 4: Market Performance - Tesla's stock price closed up 3.6% at $350.84, but has seen a year-to-date decline of 13% due to worries about its electric vehicle business and increasing competition [6].