每日晨报│2025 年 8 月 25 日 主要市场指数表现 | | 收市价 | 上个交易日升 | YTD 升跌 | | --- | --- | --- | --- | | 恒生指数 | 25,339 | +0.93% | +26.32% | | 恒生科技指数 | 5,647 | +2.71% | +26.40% | | 国企指数 | 9,079 | +1.17% | +24.56% | | 沪深 300 | 4,378 | +2.10% | +11.26% | | 上证综合指数 | 3,825 | +1.45% | +14.14% | | 深证成份指数 | 12,166 | +2.07% | +16.82% | | 中小板指 | 7,447 | +1.65% | +16.70% | | 道琼斯指数 | 45,631 | +1.89% | +7.26% | | 标普 500 指数 | 6,466 | +1.52% | +9.95% | | 纳斯达克指数 | 21,496 | +1.88% | +11.32% | | 伦敦富时指数 | 9,321 | +0.13% | +14.05% | | CAC40 指数 | ...

Core Insights - Tesla is set to launch a new variant of the Model Y, named Model Y L, which features three rows of seats and enhanced storage capabilities [1][2] - The Model Y L will have a wheelbase of 3,040 mm, making it nearly 200 mm longer than the standard Model Y [2] - The Model Y remains the most popular SUV in China, although Tesla's sales in the region have declined by nearly 12% year-over-year, with 129,000 vehicles sold in Q2 2025 [3] Product Features - The Model Y L includes two stand-alone "captain chairs" in the middle row, which have powered armrests and can fold down for additional storage [1][2] - A new logo with two small accents has been introduced on the Model Y L, along with a black headliner [2] Market Context - Tesla's sales in China are facing challenges due to intense competition from local manufacturers such as BYD, Xiaomi, and Xpeng [3][8] - In 2024, BYD sold 1.76 million battery electric cars, while Tesla sold 1.79 million, indicating a competitive landscape [3] - Xiaomi and Xpeng have launched their own SUVs at lower price points, further intensifying competition against Tesla [8]