特斯拉公司（TSLA）已接近年内高点，尽管该季度其在自动驾驶出租车（robotaxi）领域的 进展依旧有限。电动汽车业务或许已不再是未来的核心，从这一角度来看，第三季度的业绩相 当令人失望。尽管特斯拉正凭借自动驾驶 "希望泡沫" 推动股价反弹，但投资者对该股任持看 空态度。 季度业绩分析 从整体数据来看，特斯拉本季度业绩表现稳健 。今年早些时候推出的 Model Y 车型升级款推 动其销量回升，且季度末电动汽车税收抵免政策到期前的 "末班车效应" 进一步拉动了销量， 最终促成了 2025 年第三季度的稳健营收。 · 本季度特斯拉仅生产 44.7 万辆电动汽车，同比下降 5%。 值得关注的是，特斯拉首席执行官埃隆・马斯克需反复强调，全自动驾驶（FSD）的核心目标 是实现 "无监督全自动驾驶"。事实上，行业内普遍认为，自动驾驶出租车或自动驾驶服务的 核心定义就是 "无监督"。 【如需和我们交流可扫码添加进社群】 特斯拉早在今年 6 月就在奥斯汀推出了自动驾驶出租车服务，但该服务至今仍处于 "有监督" 状态。随后公司又在旧金山湾区推出类似服务，但其本质更接近 "有驾驶员在驾驶座" 的拼车 服务，而非真正的自动驾驶出 ...

马斯克 凤凰网科技讯 北京时间10月9日，路透社周四发文称，特斯拉授予其CEO埃隆·马斯克(Elon Musk)的高 达1万亿美元薪酬方案暗藏玄机。即便马斯克未能完成大部分目标，这份创纪录的薪酬方案也能让他获 得数百亿美元的报酬。 今年9月，当特斯拉董事会向马斯克提供企业史上最丰厚的CEO薪酬方案时，它向投资者保证，马斯克 必须实现相当于"火星探险"那样的业绩目标，才能在10年内获得价值8780亿美元的特斯拉股票。 特斯拉董事会的提案称，马斯克必须在机器人、自动驾驶以及股票价值和利润方面"彻底改变我们所熟 知的特斯拉和社会"。相反，如果未能达成这些"极具雄心"的目标，马斯克将"一分钱也拿不到"。 捞钱很容易 然而，根据路透社对马斯克绩效目标的分析，以及十多位在高管薪酬、企业估值、机器人和汽车发展趋 势(包括自动驾驶)领域的专家意见，马斯克即便未能完成大部分目标，仍可能获得数百亿美元的回报。 路透社的分析发现，只要他达成特斯拉董事会设定的少数几个相对容易的目标(未必能从根本上改变特 斯拉的产品或业务)，他就可能拿到超过500亿美元的报酬。 根据调研公司Equilar为路透社所做的分析，即便马斯克仅完成两项最容易 ...

Market Performance - The three major US stock indices showed mixed results, with the Dow Jones index declining while the S&P 500 index recovered all its losses for the year, closing up 0.72% at 5,886.55 points, marking its highest level since early March [1][2] - The Nasdaq Composite index rose 1.61%, closing at 19,010.08 points, the highest since February 26 [2] - The Dow Jones index fell 0.64% to 42,140.43 points, significantly impacted by a 17.79% drop in UnitedHealth's stock after the company suspended its 2025 outlook [2] Economic and Trade Developments - Recent high-level US-China trade talks resulted in significant agreements, including substantial reductions in bilateral tariff levels, positively influencing financial markets [4] - President Trump's meeting with Saudi Crown Prince Mohammed bin Salman further boosted the stock market, with Nvidia's CEO announcing a sale of over 18,000 AI chips to a Saudi company [4] - The Trump administration is considering a deal allowing the UAE to import over 1 million advanced Nvidia chips, exceeding previous export restrictions set by the Biden administration [8] Inflation and Economic Indicators - The latest US Consumer Price Index (CPI) data showed a year-on-year increase of 2.3% in April, with core CPI rising 2.8%, both being the lowest since early 2021 [4] - Market sentiment improved as inflation appears to be declining, leading to speculation that the Federal Reserve may lower interest rates sooner than expected [5] Company-Specific News - Nvidia's stock surged 5.63%, reaching its highest level since February 27, while other semiconductor manufacturers like Broadcom and AMD also saw significant gains [4] - AMD announced a strategic partnership with Saudi AI company Humain, involving an investment of up to $10 billion to advance global AI capabilities [10] - OpenAI is considering establishing a data center in the UAE, which could enhance its operations in the Middle East, contingent on the successful import of advanced Nvidia chips [9] Automotive and Battery Technology - General Motors (GM) is collaborating with LG Energy to commercialize a new lithium manganese-rich (LMR) square battery technology for future electric trucks and SUVs, aiming to be the first automaker to deploy LMR batteries [12] - Tesla's Robotaxi program is under scrutiny by US regulators, focusing on the safety of its Full Self-Driving (FSD) system in adverse conditions [11]