每经记者｜裴健如 每经实习编辑｜余婷婷 点评：广汽与华为合作的华望汽车启动40城招募计划，采用"1+N"渠道模式布局，标志着双方在智能电 动车领域的深度协同进入落地阶段。这一动作或强化市场对传统车企智能化转型的预期，尤其对广汽集 团在新能源赛道的战略定位带来积极影响。华为赋能模式再次验证，可能引发二级市场对智能汽车产业 链价值重估。 NO.3 特斯拉奥斯汀Robotaxi服务下月向公众开放 8月13日，特斯拉首席执行官埃隆·马斯克在社交媒体上表示，该公司在奥斯汀的Robotaxi服务将于9月向 公众开放。此前，特斯拉Robotaxi平台已于6月22日在美国得克萨斯州奥斯汀市面向小范围用户启动运 营。在过去一个半月内，特斯拉持续扩大服务覆盖区域并逐步增加乘客数量。 点评：特斯拉Robotaxi服务9月将向奥斯汀公众开放，标志着其自动驾驶商业化进程迈入新阶段。这一 进展可能强化市场对特斯拉技术领先地位的认知，尤其对其FSD系统商业化前景带来实质性验证。自动 驾驶服务落地或引发投资者重新评估智能出行产业链价值，带动相关传感器、高精地图及车路协同企业 关注度提升。 NO.4 保时捷下调2025年经调整税后利润预期 丨 ...

Core Viewpoint - Tesla has officially launched its Robotaxi service in Austin, Texas, fulfilling Elon Musk's long-standing promise of autonomous ride-hailing services, although the service is still in a limited trial phase and not fully open to the public [1][2][8]. Summary by Sections Launch and Pricing - The initial fare for the Robotaxi service is set at a fixed price of $4.20, with the option for passengers to leave tips [2][4]. - The service is currently limited to invited users, primarily supporters and influencers, raising questions about the objectivity of initial feedback [8]. Operational Details - Approximately 10 to 20 Model Y vehicles marked as "Robotaxi" are being used for this limited trial [8]. - The operational area is strictly confined to a mapped geofenced region, with specific boundaries defined [8]. - The service operates daily from 6 AM to midnight, avoiding complex scenarios such as bad weather and highways [8]. User Experience - Initial feedback indicates that the Robotaxi rides are generally smooth and capable of handling typical urban driving situations, maintaining speeds below 40 miles per hour [17][18]. - The app interface is similar to ride-hailing services like Uber, featuring a "start trip" button and music app integration [19]. - However, some users reported issues such as slow app notifications and unclear pickup point locations, indicating room for improvement in user experience [22]. Safety Measures - The current version of Robotaxi is not fully autonomous; it includes a safety monitor in the passenger seat to take control in emergencies [14]. - In certain situations, remote operators may also intervene, with an average response time of about two minutes [20]. - Tesla plans to enhance identity verification processes if the safety monitor is removed in the future [15]. Future Plans and Competition - Tesla aims to expand the Robotaxi fleet to thousands of vehicles within months and plans to extend the service to California and other regions with stricter regulations [25]. - In contrast, competitors like Waymo are already operating over 1,500 autonomous vehicles in multiple cities and plan to increase their fleet to 2,000 by 2026 [25][26].

Core Viewpoint - Tesla's Robotaxi service has officially launched in Austin, Texas, marking a significant milestone in the development of autonomous driving technology, relying solely on cameras and AI algorithms rather than lidar [2][3][4]. Group 1: Service Launch and Operations - The Robotaxi service began on June 22, 2023, in a designated area of approximately 77.7 square kilometers, avoiding complex intersections [3]. - The service operates daily from 6 AM to midnight and excludes operation during adverse weather conditions [3]. - Initially, the service is invitation-only, with about 20 participants primarily consisting of Tesla employees and Powerwall users [3]. Group 2: Safety and Technology - Each Robotaxi is equipped with a safety monitor in the front passenger seat, and vehicles can be remotely controlled in emergencies [3][4]. - The service utilizes a unique visual-based approach, employing eight cameras to create a visual occupancy network, which is a cost-effective alternative to lidar systems [4][5]. Group 3: Data and Learning - Robotaxi vehicles can accumulate over 12 hours of real-world data daily, significantly enhancing the training of Tesla's Full Self-Driving (FSD) system [4][5]. - Tesla's existing fleet of over 6 million vehicles generates 1.6 billion frames of image data daily, contributing to the training of the largest autonomous driving neural network globally [5]. Group 4: Business Model and Market Potential - The pricing of $4.2 per ride is strategically lower than competitors like Uber, aiming to cultivate user habits rather than immediate revenue [5][6]. - Analysts estimate that operating 100,000 Robotaxis could generate $8 billion in annual revenue, with a gross margin exceeding 30% [6]. Group 5: Regulatory and Competitive Landscape - The Robotaxi initiative serves as leverage for Tesla in advocating for regulatory changes, aligning with Texas regulations on autonomous vehicles [6]. - In contrast to Tesla's approach, Chinese companies are rapidly advancing in the Robotaxi market, with projections indicating a market size of 2.93 trillion yuan by 2030 [7][8]. Group 6: Technological Differences - Chinese firms are adopting a multi-sensor fusion approach for better performance in adverse weather, while Tesla's visual-only method remains untested in extreme conditions [9]. - The competition in the Robotaxi space is intensifying, with various companies exploring different technological pathways and regulatory frameworks [9].

Market Overview - US stock indices experienced fluctuations but closed higher, with the Dow Jones up 0.89%, Nasdaq up 0.94%, and S&P 500 up 0.96% [1] - The VIX index fell by 3.83% to 19.83, indicating reduced market volatility [1] - The US dollar index decreased by 0.39% to 98.38, while the yield on the 10-year Treasury bond dropped by 0.64% to 4.348% [1] - Spot gold saw a slight increase of 0.01% to $3368.98 per ounce, whereas Brent crude oil fell by 8.63% to $69.17 [1] Industry & Stocks - All sectors of the S&P 500, except for energy which fell by 2.53%, recorded gains, with real estate, industrials, utilities, communications, consumer staples, technology, materials, semiconductors, and healthcare rising by 1.46%, 1.35%, 1.27%, 1.16%, 1.14%, 1.11%, 0.62%, and 0.14% respectively [1] - Chinese concept stocks mostly rose, with notable increases in Li Auto by 7.96% and XPeng by 4.7%, while Futu fell by 1.36% [1] - Major tech stocks also saw gains, with Tesla rising by 8.23% following the launch of its Robotaxi service in Texas, while Amazon and Google experienced declines of 0.58% and 1.03% respectively [2] Key Events - Trump announced that Israel and Iran have fully agreed to a ceasefire, although no official statements have been made by either country [3] - Analysts noted that Iran's missile attack on a US base did not significantly threaten oil supply, leading to a drop in oil prices [4] - Russian President Putin is set to visit China for four days, a rare occurrence for such a lengthy foreign visit [5] - NATO Secretary-General announced that member countries agreed to allocate 5% of their GDP for military spending [7] Company Developments - Tesla has begun shipping its first Model Y vehicles from China to India, marking a significant step in its market entry strategy [8] - Li Auto is preparing to launch its first pure electric SUV, the Li i8, by late July, with production and delivery preparations in the final stages [8] - Novo Nordisk terminated its partnership with Hims & Hers due to allegations of misleading marketing practices [9]