Recently, Musk replied on the social platform that he would broadcast the V12 version of FSD on the "X" platform next week. Tesla automatic driving (FSD system) is mainly completed by HW series (Autopilot Hardware, HW1.0, HW2.0, HW3.0, HW4.0...) and FSD AP (AutoPilot) on the software side. The full name of FSD is Full self driving, which is a completely driverless system and is Tesla's core competitiveness. After paying for activation, consumers can enjoy advanced automatic driving functions including automatic parking, automatic assisted navigation driving, intelligent calling, etc. At present, only AP (basic version of auxiliary driving, standard configuration) and EAP (enhanced version of auxiliary driving, 32000 yuan) are available in China. With regard to the FSD function, Chinese users can choose to install it at the time of purchase or later through

Recently, the Ministry of Industry and Information Technology announced four lithium ferromanganese models, which are respectively the first pure electric sedan of Huawei Smart Car, Luxeed, two drive and four drive three yuan+lithium ferromanganese, and Chery Xingtu, two drive 230 and four drive 123/230 three yuan+lithium ferromanganese. The four models all adopt the composite scheme of lithium ferromanganese and three yuan, which is expected to be released in the third quarter. Under the background that the energy density of lithium iron phosphate battery is close to the ceiling, because the energy density of lithium manganese phosphate is 15% higher than that of lithium iron phosphate, but the cost is only 10% higher, the penetration rate of lithium manganese phosphate will gradually increase. The industry is in the stage of 0-1. In July, lithium manganese phosphate battery was first used in Tesla in the world. This event is the first time to use a domestic car, and also a landmark event, It means that it is not far away from the rapid discharge of lithium manganese iron phosphate battery

This morning, the central bank's MLF operation suddenly cut interest rates: the 7-day reverse repo rate was lowered by 10BP to 1.8% from 1.9%, and the 1-year MLF rate was lowered by 15BP to 2.5% from 2.65%. This MLF interest rate cut was unexpected. From the previous research summary of institutions, basically no institutions expected to directly cut interest rates in the short term, and this MLF interest rate cut was 15 basis points, exceeding the range of previous interest rate cuts, which was significantly higher than expected. However, this action of the central bank is also reasonable. Last week, it was mentioned when interpreting the expectation of RRR reduction. In the short term, because of the demand for funds+the downturn in economic data+debt events, there is a demand for the central bank to ease its policy. Review the previous three MLF interest rate cuts: On June 15, 2023, MLF interest rate will be reduced by 10BP. In June, the economic data was worse than expected, and the real estate data continued to be depressed, so

It was reported in front of the market today that Tesla Model3 will offer a limited time discount of 8000 yuan of insurance subsidy, and the price of Model Y long endurance version will be adjusted from 313900 yuan to 299900 yuan, while the price of Model Y high-performance version will be adjusted from 363900 yuan to 349900 yuan. Lenovo has noticed that many auto companies have announced price cuts since August, generally ranging from 3000 yuan to 3000 yuan, among which, the price of Polar Krypton 001 has dropped by 30000 yuan to 37000 yuan, Euler has dropped by 22000 yuan to 30000 yuan, and Zero Run C11 has been launched The maximum price reduction of C01 is 20000 yuan. Chery, Nezha, Ideals L9, etc. also have different price reductions. Therefore, some people in the market interpret that a new round of price war in the car market has begun. In addition, the recent market is relatively weak due to macro events such as unexpected social financing, and individual shares in the car related sector are coming to adjust. In fact, Tesla has released price cuts to the market many times since July

After Friday, the Central Bank released the social finance data of July: RMB loans increased by 345.9 billion yuan in July (estimated at 780 billion yuan, 3.05 trillion yuan in June); The newly added social finance amounted to 528.2 billion yuan (estimated at 1.1 trillion yuan, 4.22 trillion yuan in June), and the newly added RMB loans in July were only 36.4 billion yuan, the lowest since 2008. The social financing stock increased 8.9% year on year (9.1% is estimated, 9.4%, 9.9%, 10.0%, 10.0%, 9.5% and 9.0% respectively in the first six months); The growth rate of M2 was 10.7% (11% estimated, 11.3% in May). Short term loans and medium - and long-term loans at the residential end have both decreased over the same period last year. First, short-term promotions such as June have overdrawn some of the credit demand. Second, residents' expectations of future income are poor, and their own credit demand is not high; Second, residents' willingness to buy houses and leverage is still weak. Short term loans of enterprises show negative growth