以下文章来源于董车会 ，作者关注明日出行的 造车新时代，明日出行家 董车会 . Model S 和 Model X两款车型 即将在2026年第二季度停产。 文 ｜ 芥 末 来源｜ 董车会 （ID：Time2Drive） 封面来源 ｜ Unsplash 马斯克刚刚在特斯拉财报会议上宣布，Model S和Model X两款车型即将在2026年第二季度停产。 这两款曾经引领全球汽车工业电动化浪潮的旗舰车型,在发布十多年后即将谢幕。 Model S于2012年首次发布，Model X紧随其后于2015年问世。 在那个燃油车仍占据绝对主导地位的年代，这两款车以科幻般的设计和出色的性能震撼了整个汽车行业，让人们第一次真正相信电动车可以成为豪华车的 未来。 然而时过境迁，曾经的先驱者如今还是走到了终点。 马斯克表示， 取消车辆项目的原因是要为特斯拉弗里蒙特工厂腾出空间，用于生产其Optimus人形机器人。 现在是时候以光荣退役的方式结束Model S和X项目了，因为我们真正迈向了一个基于自主权的未来，所以如果你有兴趣买Model S和X，现在是下单的好 时机。 尽管特斯拉在这十多年间多次为Model S/X更新内饰、动力总 ...

以下文章来源于一见Auto ，作者郑植文 一见Auto . 汽车竞争中的野心、方法论与新秩序。21世纪经济报道旗下汽车报道品牌。 记者｜郑植文 编辑｜吴晓宇 特斯拉再次站在了历史的分水岭上。这一次，挑战前所未有： 特斯拉交出了历史上首次年度 营收下滑的成绩单。 | (nusualted) | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | ($ in millions, except percentages and per share data) | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 | YoY | | Total automotive revenues | 19,798 | 13,967 | 16,661 | 21,205 | 17,693 | -11% | | Energy generation and storage revenue | 3,061 | 2,730 | 2,789 | 3,415 | 3,837 | 25% | | Services and other rev ...

21世纪经济报道记者 郑植文 上海报道 特斯拉再次站在了历史的分水岭上。这一次，挑战前所未有：特斯拉交出了历史上首次年度营收下滑的 成绩单。 北京时间2026年1月29日，特斯拉正式发布2025年第四季度及全年财报。 2025年，特斯拉的"基本盘"汽车业务面临显著压力。2025年特斯拉全球生产电动车约 165.5 万辆、交付 163.6 万辆，分别同比下降6.7%、8.6%，全年总营收948.27亿美元，同比下滑3%；净利润为37.94亿美 元，同比大幅下降46%。 在自动驾驶领域，特斯拉首次披露了FSD（全自动驾驶）付费用户数约为110万，占其累计车辆销量的 12%。这一数据虽然显示出一定的用户基础，但也表明其渗透率仍有巨大提升空间。公司正坚定地从一 次性买断模式转向订阅制，以期获得更稳定、可持续的软件收入。在运营层面，特斯拉已在奥斯汀取消 了Robotaxi服务的安全员，并计划在今年年底前将服务扩展到美国四分之一到一半的地区（取决于监管 批准），覆盖数十座城市。马斯克断言，从长远看，未来其自动驾驶出租车Cybercab的年产量将超过其 他所有车型的总和。 机器人业务则面临着更严峻的现实挑战与更高的未来期望 ...

Core Points - The U.S. stock market experienced a decline, with all three major indices falling, ending the S&P 500's seven-day winning streak [1] - Concerns over the profitability of artificial intelligence impacted investor sentiment, leading to a drop in technology stocks [1] Company Summary - Oracle's stock fell by 2.52%, with reports indicating that its cloud business profit margins were significantly below analyst expectations, and it incurred losses in a deal involving NVIDIA chip rentals [1] - During intraday trading, Oracle's stock dropped over 7% [1] Industry Summary - The Philadelphia Semiconductor Index decreased by 2.06%, with notable declines in major chip stocks: TSMC down 2.77% and Micron Technology down 2.76% [1] - Broader technology stocks also weakened, with Tesla down 4.45% after announcing more affordable versions of its Model Y SUV and Model 3 sedan, which disappointed investors hoping for news on new products [1] - Other tech giants also saw declines: Google down 1.86%, Microsoft down 0.87%, Meta down 0.36%, NVIDIA down 0.35%, and Apple down 0.08% [1]

Market Overview - The three major US stock indices fell, ending the S&P 500's seven-day winning streak, driven by concerns over the profitability outlook of artificial intelligence [1] - The Dow Jones Industrial Average dropped 91.99 points, or 0.20%, closing at 46,602.98 points; the Nasdaq fell 153.30 points, or 0.67%, to 22,788.36 points; and the S&P 500 decreased by 25.69 points, or 0.38%, to 6,714.59 points [1] Company-Specific Developments - Oracle's stock fell by 2.52%, with a significant intraday drop exceeding 7%, due to its cloud business's profit margins being much lower than analysts' expectations and losses in some Nvidia chip leasing transactions [2] - The Philadelphia Semiconductor Index declined by 2.06%, with notable drops in major chip stocks: TSMC down 2.77% and Micron Technology down 2.76% [3] - Tesla's stock decreased by 4.45% after the company released more affordable versions of the Model Y SUV and Model 3 sedan, disappointing investors who anticipated news on other new products [3] - Other tech giants also saw declines: Google down 1.86%, Microsoft down 0.87%, Meta down 0.36%, Nvidia down 0.35%, and Apple down 0.08% [4] Market Sentiment and Economic Factors - Concerns over capital expenditures are prevalent, with investors questioning the return on investment in new technologies, particularly in the AI sector [4] - The Nasdaq Golden Dragon China Index fell by 2.24%, with significant declines in major Chinese stocks such as Baidu down 4.12% and Alibaba down 3.13% [4] - Gold futures prices surpassed $4,000 for the first time, driven by increased demand for safe-haven assets amid uncertainties surrounding the US government shutdown [5][6] - Spot gold rose by 0.59% to $3,984.14 per ounce, while COMEX gold futures increased by 0.71% to $4,004.80 per ounce [6]