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tesla Cybercab "crashes" xpeng Robotaxi industry insiders: Domestic car companies have advantages after FSD enters China.
① "The current operating cost of Cybercab is $1 per mile, which is expected to decrease to $0.2 per mile in the future. Musk stated that the total cost of Cybercab will be less than $0.03 million." ② Musk did not mention Cybercab's entry plan into China this time, but the industry has long considered it as one of the most powerful competitors in the future domestic Robotaxi market.
Hong Kong stock buyback wave continues! Tencent is expected to complete the hundred billion buyback ahead of schedule.
1. How has the stock repurchase situation been since the beginning of this year? 2. What impact does the wave of repurchases have on the Hong Kong stock market?
Hurricane Milton poses a direct threat: electric cars become a source of fire risk.
Florida officials warn that electric cars flooded by floods carry the risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department confirmed that Hurricane Helene, which hit earlier, caused 48 lithium-ion battery fires, 11 of which were related to electric cars.
Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.
1. Akio Toyoda said that if electric vehicles simply become the only option, including for our suppliers, those people will lose their jobs; 2. Akio Toyoda pointed out that the market share of pure electric vehicles will reach a maximum of 30%, with the rest being occupied by hybrid vehicles, hydrogen fuel cell vehicles, and rbob gasoline vehicles.
Trending Industry Today: GEELY AUTO Leads Gains In Automobile Stocks
Hong Kong stocks continue to experience high volatility mode, with fluctuations exceeding one thousand points this morning.
After experiencing the largest single-day drop since the 2008 financial crisis on Tuesday, Hong Kong stocks opened high this morning and then fell. At one point in the morning, the Hang Seng Index reversed more than 700 points, still holding the key 20,000-point mark. The Hang Seng Index fell 291 points or 1.4% to 20,635 points in the morning, with a high and low volatility of 1,227 points. Blue chips were under pressure overall, with most technology stocks showing a slowed decline. Meituan (03690) rose against the trend by 2.5%. Tencent (00700), Xiaomi (01810), and JD.com (09618) experienced declines of less than 1%, while Netease (09999), Baidu (09888), and Alibaba (09988)
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