点击蓝字，关注我们 宏观及政策层面 1.周一4/21，中国将公布1/5年期的贷款市场报价利率。 截止目前，1年期LPR为3.1%，5年期以上LPR 为3.6%，均持平前值，为连续五个月维持不变。此外，4月25日，中国人民银行将发布4月中期借贷便 利(MLF)数据。 2.周一4/21，国新办将于下午3时举行新闻发布会 ，请商务部副部长兼国际贸易谈判副代表凌激和工 业和信息化部、国家卫生健康委、中国人民银行有关负责人介绍 《加快推进服务业扩大开放综合试 点工作方案》 有关情况，并答记者问。 3.周二，美联储副主席杰斐逊在经济流动性峰会上发表讲话。 4.周二，IMF发布《世界经济展望》报告。 5.周三，美国、欧元区和英国将同步公布4月制造业与服务业PMI初值 ，被视为观察企业与消费者信 心受损程度的第一窗口。特别是美国制造业PMI中的投入价格指数，被标普全球称为衡量关税通胀压 力的"第一站"。3月该指标已升至近两年来最快上涨水平，反映企业成本压力加剧。 美国制造业投入价格指数 尤其值得关注，或揭示关税落地后的成本传导。 欧元区PMI方面，密切关 注新出口订单是否开始走弱。 7.周三，20国集团(G20)财政及央行部 ...

长按即可参与 损 失 已 造 成 特斯拉公司（纳斯达克股票代码：TSLA）正陷入危机，销量下滑，品牌形象受损，且持续的贸易 战令其前景黯淡。目前，该公司股价较月前持续下跌。然而，最糟糕的时期尚未结束，股价仍有下 跌空间。我们也不预期特斯拉会在4月22日公布理想的第一季度业绩，因为其季度交付量在近几个 月已经遭受重创，而宏观经济风险的上升可能会限制其未来几个月的上涨空间。 本月早些时候公布的第一季度交付数据显示，特斯拉正处于危机之中。今年第一季度，该公司仅交 付了336,681辆汽车，低于预期的37.7万辆，这是近年来最差的季度交付量之一。更糟糕的是，在 电动汽车市场蓬勃发展、其传统同行第一季度电动汽车销量均有所增长之际，特斯拉的交付量却出 现了下滑。因此，我们预计特斯拉下周公布第一季度财报时，不会公布令人满意的业绩。 虽然销量下滑的部分原因可能在于部分工厂Model Y生产线的调整，但认为马斯克的某些行为与此 无关则显得愚蠢。近几个月来，针对埃隆·马斯克的抗议活动频频发生，对特斯拉的销量造成了负 面影响。此外，摩根大通表示，特斯拉品牌遭受的损害是前所未有的，并将该公司的目标股价下调 至每股120美元。 我们认 ...

数据显示：特斯拉(TSLA.O)第一季度在加州的注册量较去年同期下降了15.1%，在加州的电动汽车市场 份额从去年同期的55.5%降至43.9%。 订阅新能源汽车动态 +订阅 订阅特斯拉动态 +订阅 ...

导 语：一次性支付1500万美元，外加每月额外的10万美元，直到孩子21岁。 阿什利·圣克莱尔（Ashley St. Clair）想要证明埃隆·马斯克（Elon Musk）是她新生婴儿的父亲。 但要让这位亿万富翁进行亲子鉴定，这位右翼社交媒体影响者必须通过马斯克的长期助手贾里德·伯奇尔（Jared Birchall）。 "我不希望我的儿子觉得自己是个秘密。"圣克莱尔在12月的一次两小时电话通话中对伯奇尔说。 伯奇尔给了圣克莱尔一些建议。他的老板是一个"心胸宽广、善良且慷慨的人"，他说。但马斯克还有另一面。当孩子的母亲在这些讨论中"走法律途 径"时，"那总是，总是会导致比其他情况下更糟糕的结果"，伯奇尔告诉这位26岁的年轻人。此外，他说，马斯克不确定孩子是不是他的。 这并不是伯奇尔第一次进行这样的对话。他公开的职位是管理马斯克的家庭办公室，他最近还帮助组织了马斯克支持唐纳德·特朗普（Donald Trump）竞选的超过2.5亿美元的活动。 在幕后，伯奇尔还管理着马斯克希望与抚养其孩子的女性达成的财务和隐私协议。 马斯克至少与四位女性生育了14个孩子，包括流行音乐家格莱姆斯（Grimes）和他在大脑计算机公司Ne ...

昨天，发生了哪些财经大事？ 特朗普大厦商店 用价签遮盖中国制造 据央视新闻4月13日报道，美国特朗普政府对中国商品轮番加征畸高关税已经沦为笑话。纽 约特朗普大厦的纪念品商店里还有没有"中国制造"呢？央视记者在当地时间4月12日探访特 朗普大厦商店，发现里面有许多"Made in China"的标牌被价签遮盖住了。 通过现场拍摄画面可见，店内马克杯等纪念品底部清晰显示着"Made in China"标识，但商品价签 却恰好粘贴在产地信息上方。 美国豁免部分产品"对等关税" 商务部回应 4月13日，商务部新闻发言人就美方豁免部分产品的"对等关税"答记者问。 商务部新闻发言人表示，美东时间4月12日，美方公布相关备忘录，豁免计算机、智能手机、半 导体制造设备、集成电路等部分产品的"对等关税"，中方正在对有关影响进行评估。 据《中国经营报》此前报道，当地时间4月10日，欧盟委员会宣布与中国达成重要共识，双 方将启动以"最低进口价格"机制替代现行对华电动汽车关税的谈判。这一突破性进展标志着 持续近半年的贸易争端出现实质性缓和，为全球新能源汽车产业格局带来新的变量。 我们注意到，这是继美方4月10日暂缓对部分贸易伙伴征收 ...

Group 1 - The article discusses Elon Musk's declining reputation in the U.S. and his recent media appearances to clarify his actions and thoughts [2][3] - Musk highlights four major issues within the U.S. federal government, including software license inefficiencies, excessive government credit cards, and a lack of accountability in funding non-profit organizations [5][6][10] - He claims that approximately $1 trillion in waste and fraud can be eliminated from government spending by improving transparency and data analysis [11][12] Group 2 - Musk expresses concerns about the future of artificial intelligence (AI), stating that it poses both risks and opportunities, and predicts that AI will surpass human intelligence within the next decade [17][18][20] - He emphasizes the potential of AI to revolutionize various sectors, including healthcare, where AI can provide better diagnostics than human doctors [22] - Musk warns of the existential risks associated with AI, suggesting that it could lead to significant societal changes and challenges in finding purpose in life [23][24] Group 3 - The article outlines Musk's commitment to Mars exploration, emphasizing the need for a second planet to ensure the survival of human civilization [28][29] - Musk discusses the advancements in SpaceX's rocket technology, particularly the goal of achieving fully reusable rockets to drastically reduce the cost of space travel [30][35] - He details the challenges of developing effective heat shield technology for spacecraft, which is crucial for safe re-entry into the Earth's atmosphere [40][41]

在全球汽车产业加速向电动化、智能化转型的浪潮中，汽车芯片作为汽车的"大脑" 和 "神经中枢"，其重要性不言而喻。近年来，一个显著的趋势是汽车 芯片制造产业正逐步流向中国。这一现象背后，是中国电动汽车产业的蓬勃发展、庞大的市场需求，以及全球芯片企业对中国市场的高度重视与战略布 局。 01中国电动汽车产业：崛起的全球力量 中国电动汽车产业的崛起堪称全球汽车行业的一大奇迹。 中国汽车工业协会数据显示，自 2021 年起，我国新能源汽车便呈现出迅猛发展的态势，年产销增速连续 4 年超过 30%。2024 年，新能源汽车年产销更是 首次突破 1000 万辆大关，产量达 1288.8 万辆，销量达 1286.6 万辆，同比分别增长 34.4% 和 35.5%。新能源新车在汽车新车总销量中的占比达到 40.9%， 较 2023 年提高了 9.3 个百分点。在乘用车市场，新能源新车销量占比已连续 6 个月超过 50%。 02汽车芯片需求暴增 庞大的电动汽车市场规模，对汽车芯片产生了巨大的需求。而且，电动汽车相比传统汽车，对芯片的需求量呈爆发式增长。特别是随着智驾平民化趋势的 推进，单车芯片使用量进一步增加。 据相关数据测算， ...

Core Viewpoint - Jeff Bezos is funding a mysterious electric vehicle startup named Slate Auto, which aims to produce an affordable electric pickup truck priced around $25,000, with production expected to start as early as next year [2][3]. Funding and Financials - Slate Auto has raised at least $111 million in Series A funding in 2023, with Bezos among the investors [5]. - The company has also completed a Series B funding round, although details regarding the amount raised and specific investors remain undisclosed [8]. - Slate has authorized the issuance of nearly 500 million preferred shares at a price of $2.37 per share for the Series B round [8]. Company Structure and Leadership - Slate was incubated by Re:Build Manufacturing, which is associated with Bezos, and has been operating quietly since its establishment in 2022 [2][11]. - The CEO of Slate is Christine Barman, who has extensive experience in the automotive industry, while the founder is considered to be Miles Arnone, who is the CEO of Re:Build Manufacturing [19]. Product and Market Strategy - Slate aims to create a low-cost electric pickup truck that serves as an entry-level vehicle for consumers, diverging from the trend of high-end electric vehicle launches [13]. - The company plans to offer customization options for its vehicles, allowing owners to personalize their trucks over time [16]. Industry Context - The electric vehicle industry is currently facing challenges, with several startups filing for bankruptcy and existing companies struggling to maintain operations [9]. - Slate's strategy includes diversifying revenue through accessories and apparel, similar to the business models of Harley-Davidson and Stellantis [9]. Amazon Connection - Slate has strong ties to Amazon, with several executives having backgrounds in the company, and its initial project was named Re:Car, reflecting Amazon's branding style [11][12].

Core Viewpoint - The article discusses the impact of the recent U.S. tariff policies on the electric vehicle (EV) supply chain, highlighting the significant increase in tariffs on various components, particularly lithium batteries, which could reshape competitive dynamics in the industry [2][4]. Tariff Impact on Electric Vehicle Supply Chain - The U.S. has implemented a 25% tariff on cars, engines, transmissions, and lithium batteries, leading to a cumulative tariff of 73.4% on power batteries and 64.9% on energy storage batteries [2]. - The overall tariff on new energy vehicles has reached 147.5%, which diminishes the competitive advantage of domestic battery manufacturers exporting to the U.S. [2][4]. Current Export Situation - In 2024, China is expected to export 116,000 vehicles to the U.S., accounting for only 1.81% of total exports, with electric vehicles making up an even smaller share [4]. - China’s lithium battery exports to the U.S. are projected to be $15.315 billion (approximately 110 billion RMB), representing 25% of total lithium battery exports, despite a 16% decline in export volume [4]. Impact on Battery and Material Companies - The tariff policies primarily affect the profitability of energy storage businesses in the U.S., but short-term impacts are mitigated as the market remains dominated by lithium iron phosphate batteries [5]. - Domestic material companies have limited direct exports to the U.S., with most exports going to Japan and South Korea, where they face similar tariff pressures [5][6]. Future Production Capacity - Domestic companies are gradually establishing production capacities in the U.S., with several firms expected to begin operations between 2026 and 2027, targeting nearly 100 GWh of capacity [6]. - As U.S. production capacity increases, the impact of tariffs is expected to diminish over time [6]. Indirect Effects on Domestic Market - The tariffs may lead to a shift in domestic production and pricing strategies, as companies with cost advantages are better positioned to withstand tariff pressures [7]. - The article suggests that some international orders may return to China, potentially increasing domestic production levels, but this could also create pressure on capacity planning and pricing strategies [8]. Long-term Strategic Considerations - The need for diversified manufacturing and supply chain strategies is emphasized, as companies must adapt to potential future tariff impacts and explore local market opportunities [8].

Core Viewpoint - CATL is in deep negotiations to acquire a controlling stake in NIO's energy division, which operates the largest battery swapping network in China with over 3,000 stations [1][2]. Group 1: Acquisition Details - The acquisition proposal follows CATL's earlier investment of 2.5 billion RMB (approximately 342 million USD) into NIO Power [1]. - NIO's energy division is valued at over 10 billion RMB in the latest funding round for 2024 [1]. - Both companies are working on a joint construction plan for battery swapping stations, emphasizing a strategic partnership [1]. Group 2: Industry Impact - NIO Energy not only serves its own customers but also opens its charging network to other EV brands like Tesla and BYD, enhancing CATL's position in the energy services sector [2]. - NIO has invested heavily in its battery swapping network, currently operating around 3,240 stations that can complete battery swaps in three minutes, addressing consumer range anxiety [2]. - The potential acquisition could reshape the landscape of China's new energy vehicle industry, providing NIO with stable battery supply and financial support from CATL [2].