In his final annual letter as CEO of Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK), Warren Buffett has highlighted a concerning trend of escalating CEO compensation amid Tesla (NASDAQ:TSLA) CEO Elon Musk‘s revised pay. Buffett Criticizes CEO Pay Spiral Buffett pointed out the growing trend of CEOs increasing their own pay after witnessing their peers’ remuneration. The 95-year-old billionaire, who has been at the helm of Berkshire Hathaway for six decades, suggested that CEOs are driven by envy and greed, ...

Core Points - The article emphasizes the importance of proper channels for consumers to protect their rights when purchasing a vehicle, highlighting common issues faced during the car buying process [1] Common Car Buying Issues - Common complaints in the car sales process include vehicle quality issues such as unusual noises, oil leaks, electrical system failures, and rapid aging of parts [2] - Sales tactics often involve forced add-ons, demands for "financial service fees," and discrepancies between advertised and actual prices [2] - Poor after-sales service is characterized by delayed repairs, inflated parts prices, and refusal to honor warranties [2] - Financial and insurance disputes arise from inconsistent loan rates, forced insurance purchases, and difficulties in policy cancellation [2] - It is crucial for consumers to retain evidence such as purchase contracts, payment receipts, chat records, and repair documents for future complaints [2] Steps for Complaining - The first step for consumers is to contact the 4S dealership or brand customer service upon discovering an issue [4] - Official customer service hotlines or WeChat accounts are available for consumers to register their complaints and track follow-ups [3] Official Complaint Channels - The national 12315 platform, overseen by the State Administration for Market Regulation, serves as an official complaint channel for issues like sales fraud, contract breaches, price disputes, and poor service [5] - Complaints can be submitted via phone, the "12315" app, or WeChat mini-program [6] - The system automatically forwards complaints to the market supervision department in the enterprise's location, ensuring a formal and authoritative process, although it may take several days to a week for resolution [7][8] Industry Oversight and Specialized Departments - For issues related to vehicle quality defects or safety hazards, consumers can report to the National Market Supervision Administration's Defective Product Recall Technical Center [9][10] - If problems are widespread or pose safety risks, regulatory authorities may require companies to improve or recall products [11] - Complaints related to loans and insurance can be directed to the China Banking and Insurance Regulatory Commission [12] Social Complaint Platforms - Consumers can also utilize social complaint platforms like "Black Cat Complaints," which is widely used and allows for complaints through various channels [13][14] - The platform enables users to search for the company or dealership, describe their issues, and upload evidence, with responses and progress visible to the public [14] - The public nature of complaints often prompts quicker responses from companies to maintain their brand reputation [14] Consumer Associations and Legal Avenues - If a company fails to respond or address issues, consumers can seek mediation from consumer associations, which is suitable for smaller disputes [15][16] - For cases involving fraud, malicious charges, or severe quality issues, legal action may be pursued, although it can be time-consuming [17][18] Summary - Effective consumer rights protection in car buying involves selecting the right channels, preserving evidence, and following a structured approach: communication with the 4S dealership → 12315 or Black Cat Complaints → Defective Product Recall Center → Consumer Association or legal action [19] - Official platforms are the most authoritative, while Black Cat Complaints offers transparency, consumer associations provide flexible mediation, and legal avenues offer the strongest enforcement [20] - By advocating for their rights, consumers can encourage companies to prioritize service quality and enhance their purchasing experience [21]

Core Insights - Ark Invest executed significant trades involving Circle Internet Group Inc., Alibaba Group Holding Ltd., and Tesla Inc., indicating a strategic repositioning in the market [1] Tesla Trade - Ark Invest reduced its holdings in Tesla by selling 70,474 shares, valued at approximately $30.3 million, with Tesla's stock closing at $430.60, down 2.05% [2] - Tesla's October deliveries in China fell by 36% year-over-year to 26,000 units, contributing to a year-to-date decline of roughly 40,000 vehicles, risking the company's first annual decline [3] Circle Trade - Ark Invest made a substantial purchase of Circle shares, acquiring 245,830 shares via ARKK and 70,613 shares through ARKW, with the transaction valued at approximately $30.5 million [4] - Despite a 202% profit surge in Q3, Circle's stock declined by 12.21%, indicating investor skepticism about its long-term growth potential, with Q3 net income reaching $214 million and total revenue increasing by 66% to $740 million [5] Alibaba Trade - Ark Invest increased its stake in Alibaba by purchasing 4,878 shares via ARKK, 364 shares through ARKF, and 1,396 shares with ARKW, valued at approximately $1.05 million, with Alibaba's stock closing at $157.91, down 1.8% [6] - Alibaba's stock has surged 98% year-to-date, driven by its focus on artificial intelligence, cloud infrastructure, and instant-commerce delivery, despite potential risks from U.S. restrictions on advanced AI chips [7] Other Key Trades - Ark Invest sold 205,524 shares of Iridium Communications Inc., 53,954 shares of SoFi Technologies Inc., and made various other trades, including purchasing 50,084 shares of Twist Bioscience Corp [9]

Group 1 - The incident involved a vehicle from Chery Automobile Company during an extreme challenge test at Tianmen Mountain Scenic Area in Zhangjiajie, Hunan, which resulted in the vehicle sliding down a slope and damaging a guardrail [2] - Chery Automobile issued an apology, acknowledging that the direct cause of the accident was the unexpected detachment of a safety harness, which led to the vehicle's loss of control [2] - The company recognized its shortcomings in risk assessment and detail management during the planning and execution of the test, particularly regarding public safety concerns in a scenic area [2] Group 2 - Chery Automobile expressed its commitment to repair the damage caused to the Tianmen Mountain site and take full responsibility for the incident [2] - The event sparked significant online discussion, highlighting the company's awareness of the impact on public resources and its intention to learn from the incident [2]

Ford Motor Company has unveiled a new way to experience one of America’s most iconic cars. The automaker on Saturday opened "American Icon: A Mustang Immersive Experience," a limited-time installation in Los Angeles that features visual effects and Hollywood vehicles to celebrate six decades of the Mustang.Inspired by popular immersive art exhibits, the experience takes visitors through a sensory journey of the Mustang’s history and cultural impact, according to Ian Cohen, head of creative and content for g ...

责任编辑：杨赐 ...

声明称，11月12日12时，风云X3L在湖南张家界天门山景区进行的极限挑战测试项目中，因突发意外导 致测试中断，并引发了广泛关注。在此，公司向天门山景区、游客、合作伙伴及所有关心此事的朋友们 致以最诚挚的歉意。 经初步调查核实，此事故的直接原因是，测试装置的安全防护绳固定点卸扣意外脱落，进而导致防护绳 缠绕右侧车轮，动力输出受阻，车辆下滑撞击护栏，造成部分护栏受损。所幸本次意外未造成人员受伤 以及自然环境的破坏。 奇瑞汽车称，这一结果，暴露了公司在策划和执行此次测试过程中，对潜在风险的预估不足，对细节的 把控存在疏漏。特别是对选择在风景区公开场所开展测试引发的公众担忧，公司深刻反思。 对于此次测试造成的天门山场地损失，公司深表歉意，承诺将全力修复并承担赔偿责任，做好所有善后 工作。 转自：北京日报客户端 近日，有网络视频显示，在湖南张家界天门山景区，一车辆在景区坡道下滑撞击护栏，造成护栏受损。 13日凌晨，安徽奇瑞汽车销售有限公司发表"关于天门山挑战测试意外情况的致歉声明"。 本次事件在网络上引发大量讨论，占用宝贵的公共资源，对此公司深感不安与抱歉。再次感谢社会各界 的监督与批评，公司将汲取教训，以更扎实、更 ...

Core Points - Chery Automobile issued an apology regarding an incident during an extreme challenge test at Tianmen Mountain, Hunan, on November 12, 2025, where a safety device malfunction led to a vehicle accident [1][2]. Group 1 - The incident was caused by the unexpected detachment of a safety harness's fixed point, which resulted in the protective rope entangling the right wheel, causing the vehicle to slide and hit a guardrail, damaging it [2]. - Fortunately, there were no injuries or environmental damage reported from the incident [2]. - The company acknowledged shortcomings in risk assessment and detail management during the planning and execution of the test, particularly regarding public concerns in a scenic area [2]. Group 2 - Chery Automobile expressed deep regret for the damage caused to the Tianmen Mountain site and committed to full restoration and compensation responsibilities, ensuring all follow-up actions are taken [2].

Core Insights - The performance divergence between the Dow Jones Industrial Average and Nasdaq Composite indicates the existence of two distinct markets in the U.S.: one driven by artificial intelligence and another encompassing traditional sectors [1][4]. Group 1: Dow Jones Industrial Average - The Dow Jones Industrial Average reached a record high, closing above 48,000 for the first time, marking its second consecutive record [1]. - The index, consisting of 30 blue-chip companies, is primarily composed of established firms in sectors like banking, healthcare, and industrials, reflecting the "old economy" [2]. - Key contributors to the Dow's rise included stocks from Goldman Sachs, Eli Lilly, and Caterpillar [2]. Group 2: Nasdaq Composite - The Nasdaq Composite, which is heavily weighted towards technology firms, experienced a decline due to falling shares of companies like Oracle and Palantir, despite a 9% increase in Advanced Micro Devices' stock [4]. - The Nasdaq's market capitalization weighting means that larger tech companies have a more significant impact on its performance compared to the price-weighted Dow [3]. Group 3: Market Sentiment - There is no immediate concern regarding overexuberance in AI investments, but a desire exists among investors for a convergence of the two market paths for a more stable investment environment [5].

Group 1 - The article highlights that the "Car Fans" practitioner community is the largest in China, with 14 fully populated groups and nearly 10,000 members [1] - There is currently availability in the 15th group, open to all automotive practitioners including those in frontline, R&D, and supply chain roles [1] - The community facilitates peer communication, topic discussions, expert sharing, and job opportunities, with some information to be shared exclusively within the groups in the future [1]