Core Viewpoint - Tesla, Inc. (NASDAQ:TSLA) is considered a "battleground stock" by analysts, with significant value concerns and uncertain near-term fundamentals, yet these factors are becoming less relevant to its stock performance [1]. Group 1: Analyst Ratings and Price Targets - Barclays has reiterated an "Equal Weight" rating on TSLA, indicating mixed sentiments among investors regarding its value and fundamentals [1]. - Wall Street analysts have a consensus "Buy" rating on TSLA, with an average price target of $480, suggesting a 14.26% upside potential. The highest target of $600 indicates a potential upside of 42.82% [3]. Group 2: Future Catalysts - Several potential catalysts for Tesla include the Optimus launch in Q1, the Cybercab in April, new robotaxi markets, updates to Full Self-Driving (FSD), and the launch of a new Megapack facility [2]. - Wolfe Research anticipates that Tesla's robotaxi business could become a major revenue driver over the next decade, despite existing fundamental concerns [1].

Core Insights - The report emphasizes embracing technology and focusing on the new economy within the machinery industry, highlighting significant investment opportunities in various sectors [1][3]. Human-Robot Sector - The humanoid robot industry is seen as a monumental opportunity driven by global technological iterations and domestic policy support, with a breakthrough expected in 2025 and initial stages of scaling in 2026 [5]. - Key components for humanoid robots include actuators, screws, reducers, sensors, motors, and lightweight structural parts, with a focus on core suppliers and technological iterations [35][36]. Commercial Aerospace - The commercial aerospace market is experiencing rapid growth, driven by the urgent demand for low-orbit resources and satellite constellation networks, with significant contributions from both domestic policies and technological advancements [5][41]. - China is advancing national-level satellite constellation plans, aiming to deploy thousands of satellites in the coming decade [42]. Gas Turbine Industry - The demand for electricity is surging, particularly due to the growth of data centers, leading to a supply shortage of gas turbines. Major manufacturers are expanding their production capacity to meet this demand [5][58]. - The global gas turbine market is expected to see a significant increase in sales, with orders projected to rise from 58GW in 2024 to 71GW in 2025 [68]. Controlled Nuclear Fusion - The controlled nuclear fusion sector is on the brink of commercialization, with global investments in the industry skyrocketing from $1.9 billion in 2021 to $9.7 billion in 2025, indicating a strong growth trajectory [75][83]. - The global nuclear fusion market is anticipated to reach $496.5 billion by 2030 and exceed $1 trillion by 2050, marking a critical period for investment [83]. General Equipment - The general equipment sector is expected to benefit from structural growth in downstream technology fields, despite current demand remaining subdued [5][10]. - The domestic industrial mother machine supply chain is anticipated to undergo significant localization efforts [5]. Low-altitude Economy - The "14th Five-Year Plan" highlights the development of the low-altitude economy, with supportive policies and pilot cities paving the way for accelerated growth in this sector [5][10]. Deep Sea Technology - The deep-sea technology sector is identified as a crucial driver for the marine economy, with government reports emphasizing the need for high-quality development in this area [5]. Engineering Machinery - The engineering machinery sector is optimistic about both domestic replacement demand and growth in overseas markets, particularly in Asia, Africa, and Latin America [5][10].

AI5不是一颗芯片 尽管马斯克在公开场合称之为「AI5 Chip」，但在特斯拉的工程定义里，它是 HW 5.0 —— 第五代车载计算平台。 Q3 财报会，他给出了更多细节： 推理性能是 HW4 的 40 倍； 内存容量是 HW4 的 9 倍； 2024 年 6 月，马斯克在 X 宣布 HW 5.0 改名为 AI5，沿用至今。时间来到 2025 年 11 月的股东大会上，马斯克说："AI5 之后，不会再有下一代车载芯片 了。" 无人驾驶、人形机器人、数据中心，全压这一个平台。他的原话是"Solving AI5 was existential to Tesla"——关乎存亡。 换句话说：搞不定，特斯拉就完了。 01 一头怪兽 | 计算平台 | HW4 (2023) | AI5 (泄露) | | --- | --- | --- | | 推理算力 | ~ 300 TOPS | 2000 - 2500 TOPS | | 内存 | 16GB | 144GB | | 带宽 | 384 GB/s | 1.9 TB/s | | 制程 | 7nm | 3nm | 如果这些数字是真的，AI5 的性能逼近英伟达 H100。H100 ...

（责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 中信建投指出，当前时点，汽车1月产销数据陆续发布，乘用车同环比有所承压，重卡及客车好于 预期，商用车（尤其出口）景气及业绩预期相对占优。智驾及机器人板块围绕特斯拉进展等事件是交易 核心，3月前后催化有望密集落地，包括:FSD全面入华、Optimus V3定型发布、春晚机器人表演、 Cybercab量产等，当前建议积极布局。 ...

Death, taxes, and technology companies spending huge amounts on capital expenditures (capex). In 2026, these are certainties. Alphabet just announced plans to invest $175 billion to $185 billion this year. This is another sign of the booming artificial intelligence (AI) craze taking over the economy. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Tesla (NASDAQ: TSLA), which doesn't hav ...

本周SW汽零指数+0.34%（2026年初至今+3.20%），在SW汽车中排名第4；以2010年-2026.2.6 数据为基准，最新交易日SW汽零PE(TTM)处于历史的83.10%分位；PB(LF)处于历史的77.55% 分位。 未经许可，不得转载或者引用。 投资要点 零部件本周复盘总结： 机器人本周复盘总结： 本周万得机器人指数-0.21%（2026年初至今+0.27%），较SW汽零超额收益为-0.55%；最新交 易日万得机器人PE(TTM)处于近一年的67.47%分位，PB(LF)处于近一年的77.11%分位。 核心覆盖标的周度变化： 本周涨幅前五名为： 【银轮股份】+17.13%、【星宇股份】+8.65%、【岱美股份】+6.67%、【亚普股份】+3.71%、【瑞玛 精密】+2.74%。 本周大事： 2月4日，马斯克再次公开对Optimus发表高度评价；2月8日，智元将举办全球首个大型机器人 晚会。 1）新泉对拜仁新泉增资1亿美元，并设立马来西亚新泉与开封新泉； 2）精锻科技设立德国精锻。 投资建议： 1）零部件—寻找结构性机会 ：优选产品型公司+内生外延切入高价值赛道提高ASP的公司+优 先布局欧洲/ ...

证券研究报告 公司 Q4 毛利率 20.1%超预期，能源业务持续高景气，归母净利 9.40 亿美 元低于公司官网披露的市场一致预期（10.52 亿美元），主要受公司比特币 持仓贬值及股权激励费用大增影响。智驾端，FSD 将全面转向订阅制并取 消买断选项，此外业绩会上马斯克表示监督版 FSD 有望 2 月获欧洲审批， 副总裁陶琳表示特斯拉已在中国建立数据中心，辅助驾驶无需数据出境。 Robotaxi 领域，奥斯汀 Robotaxi 车队已混入少量无安全员车辆运行，标志 从"测试+安全员"向公开无人运营迈出关键一步；Cybercab 计划 4 月启动工 装生产。机器人端，面向量产的 Optimus Gen3 将于 Q1 亮相，Model S/X 宣布将停产，弗里蒙特产线将改造用于机器人生产，远期产能目标 100 万 台/年；此外公司 2026 年 CapEx 指引超 200 亿美元创历史新高。 全球范围 L4 高阶智驾催化不断 ①全球自动驾驶监管框架正在加速形成，联合国自动驾驶全球法规草案于 1 月通过，计划 6 月表决生效；全球监管框架统一将降低跨区域合规成本，利 好具备全球化能力的 L4 企业。②Waymo ...

2月9日，工业母机ETF（159667）收涨超2.4%，行业复苏与变革获关注。 （责任编辑：刘畅 ） 中信建投指出，人形机器人方面，特斯拉Gen3发布节奏整体符合预期，产品量产规划明确。 Optimus将是通用机器人，特斯拉正引领全球"物理AI"产业变革，持续进行"数据-算法-硬件"闭环迭代。 产品也有望逐步从B端向C端延伸，逐步打开人形百万台预期空间。半导体设备方面，2025Q4 ASML新 签订单超预期，中国大陆收入绝对值近历史高点，AI驱动的逻辑、存储扩产需求持续向上。从国内fab 扩产角度来看，先进逻辑缺口较大，自主可控背景下，看好后续先进逻辑扩产加速；存储大周期向上， 两存大幅扩产确定性强。同时看好国内先进封装后续放量。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 工业母机ETF（159667）跟踪的是中证机床指数（931866），该指数从沪深市场中选取涉及机床整 机及其关键零部件制造和服务 ...

Tesla Inc. (NASDAQ:TSLA) will take into account whether a vehicle is running the company's Full Self-Driving (FSD) service to estimate its trade-in value on all Model S and X vehicles, as well as the Cyberbeast trim of the Cybertruck, with the Luxe Package being the main criterion for the offer.FSD To Be Taken Into AccountThe automaker, on Saturday, released updated FSD transfer terms and conditions, which also contain an FAQ section that addresses various FSD-related questions. The company, in one of the l ...

【市场复盘】 国金证券研报称，本周及春节国内大厂聚焦Chatbot入口流量争夺，报告称依旧看好AI产业趋势&提效逻 辑，且国内Capex投入量级相对海外有限，建议关注经营性现金流良好的科技龙头腾讯、阿里等。同 时，基础模型能力提升带动AI应用逐步落地，继续重点关注AI应用板块。 （文章来源：每日经济新闻） 2.2月8日消息，目前阿里千问APP、腾讯元宝的红包口令已可在微信内复制；此前2月6日下午，微信曾 对千问活动口令实施封禁，用户分享至微信的千问红包口令选中后无复制键，元宝口令也曾遭封禁。 3.2月7日有博主透露，OpenAI首款硬件命名为Dime，是类似苹果AirPods的AI音频耳机，有望2026年发 售。OpenAI此前曾计划打造堆料豪华、物料成本媲美智能手机的类手机架构革命性设备，现因存储芯 片供应短缺、组件价格飙升，硬件成本居高不下，搁置了该激进方案，转向"先易后难"战略，优先开发 功能相对单一、接近传统形态的基础版AI耳机。OpenAI计划通过这款低门槛产品在硬件领域站稳脚 跟，积累用户数据与市场反馈。 【机构观点】 上周五(2月6日)，A股人工智能与机器人赛道走势分化，机器人ETF逆势走强呈普 ...