ŵ88ֲĹ

ȪԴ ߣ  

ģԵMVPѡ+G1Ұܿ39ȴⱬ

⽻ˣܾŨ

ԭYZ ? ༭Cong2025 12 15  Ųй L3 Զʻ׼  L3 ڱ췢š Χ L3 ҵȵҵ ˭ L3 dz¹˭ġô⡢Ӳ໨Ǯ 4 11 վеܵ綯߲̳2026 λαӲǶָͳһ⡪徲桢¹˭縺ܲƷôءӲǮô볡ȯѾ  " ׼ " " Ըⷭ L3 " ĵľԶԶ徲ݣ˭ҵһ Ϊ˾߼ܲá˾ CEO ־̳һ¡ϵͳԵǼ徲ݡΪǬǼۼƸʻ̳ 95 ڹײ徲ݰģʽ𿪣й辶 ˼ƽ 180 ﱬһײ˵Ϊ徲㱬ҵػΪ ADS ij Ȼ˼ʻ Զ徲  517 ȫ ADS ʻģʽ 757 757  ˼ݵ 4.2 " ó 徲֤ʵ㾿жá" ־˵úֱ͸¶ ǰҵһȸʻ " һβ  "Ϊѡӽÿڹ徲б桷 ײȽָڵ̨ϡȫ һ徲ݵijδ˹  2022 Ȱ徲档ƾ֤˹ 2025 ȱ  Autopilot FSD Чij ƽÿ 636 ӢԼ 1023 һײδʻij 99.3 ӢԼ 160 ࡢʮݱ ˹һ׿׷ݵ徲ʱߡй ƷƲûγһ¶ơ徲ݵIJ͸ ûǮ  ζϲԵԭ֮һҶ˵ " ҵ " òɱȵָ ֻܿƷƸ֪Ϊһ ܲɷ೵  2026 ֵӲҵתƣһż" L3  ¹ʵתƸԶʻṩ ¹Ҫ û档" ־̳˵仰ʱ һ⡣L2  ִʼǼʻԱϵͳǿҲִ " " L3 Ľ˵ԼҪϵͳ¶徲档һ¹ ָ֤ϵͳṩ ƫ̺ˡζų̱Լϵͳ徲мŶ Ȼһ¹ʵִƷƼǮɱԵġͬʱҪһȫµ϶ƣ¹ʱʱ ϵͳϡä վɼʻԱڽ·Ӧʵʱ ûб׼յס̽Ѿˡ2025 12 L3 ·ͬʱ ƽ˳ռ˱Եİܼƻ γ " Ű峵մ + Ǽղλ " ˫ģʽ L3 Чʱ ϵͳԵԭɱ¹ Ǽṩÿ 200 ԪijְԱ 500 ԪȦʧ ϵͳȱݡΣ徲Σ֣" ˵ L3 ܼʻϵͳӦͶ ·ĽǿպҵɳͶ ֻòС" ҵʿָ ׼ƻԴڽ׶ ƿһ νģL3 Զʻϵͳʱ 綨dzϵͳվɼʻԱܲ ش ׵׺ͱǮڶ ݱݡ׼ļʻڳ ܹ˾ " ܷ˳ȡЩԽ蹫Ķģ ܴIJȷԡƽ˳յĿͻҲӡ֤ߵļǹҡ 26.1% û " ִ " ΪӰǼʹõĵڶء̳ λαƾ˼˾飺 L2L3L4 зּϵ  " ̬ݴϵ " ͨݻݺΣ滻ǰ ȫϵ滻º׷ ͬʱƶԶʻרܲƷء˾Էҵʵȥ 12 »Ų L3 ׼õй׿ L3 רʽ ֻ L4 Robotaxi ա " ٹͳһܸʻ徲ޱ׼ϵͳ " ƶܻŽ  " ݶ𡢰ܶסϵ " ıջģʽƫ ȡϵǮˣһ L3 Ҫ໨Ǯ ε״̳һˡ" غоƬռܵ綯ıǮ̫  50%" " ҵһʧص״̬ "߼ģܵ綯ڴȼͳ 5 7 ѹ 2 3  һ³ " м " ڼ̡ʽ ʱ󱬷 Ȳ ȥˡ" û׬ Ӧû׬ ûҲû׬" ˵ һż " "ìͷָṹ⡣оͳһòߴ硢ѧϵͳĵо ҵ޹Ⱥӣ" ĸĵĸ߶һ㡢һ йϵ Ҫ"5 ŵء7 ŵ ߴӲں;ԵIJܡڱ׼ͳһĶо廨 һij ӦҪڡ" йھDZ׼ֵо ҵЧߺǶࡣ" оƬࡣε³ 1000 ְ뵼Ϻš4000 оƬ " ;ʩչһ "εڲƽһ ĿĴ 1000 ѹ 400 ָ֡ оƬһغʡ " ǵȥ ЩоƬһԪ㼸ԪIJſ ""  ҵǧڵĽһûС"˷ L3 ᄈ¸߽ȸСL3 ӲӲҪ˫ƶλ˫ EPS ת˫Ƶλഫںϼƻ L2 ϵͳĴǮͨ 1 3 Ԫ  L3 ϵͳ״ͿԪ ƶת͸оƬ Ǯ 5 10 Ԫҵ ״ﵥԪ 2000 ԪȽ ߽ǼϵͳռǮıԤƴĿ 10% 15% 𲽽 5% 8%ƶתdz㲿 ۿռޡ˵ĵо׼оƬһ ʡµǧڼռͿԲתΪ徲ӲͶ Ǵ縺L3 " Ǯ " DzԽ Ҫȫҵڻ㲿׼ȸ濢ʶ˭ƾ ƴһ L3 ҵƴͼͳˡ徲ε㡣ΪѾ¶¶ײ ˹˶ݱ档йǷ ܷ " Ʒ " ת " ж "־Ǿ " ó " սҲǷ򡪡ͷҵѡ͸ ĬȻԼͻһźš϶ͰشĻڡƽ˳յ˫ƻԵ ּϵݶջָͳһƫҪϵҵ׼ ȷ L3 ״̬µνߺݹֻɹҲƶǮı5 10 ԪǮǹƹӲԼ о׼оƬһܴҵж ͷŵǧڼռ佫ֱӸд L3 ıǮ̡ 徲ݹпͻơƶ 漰ִ޶ ֻҪҵԸһκͰҪϵ ಻ҵơǮȫҵʶ 2026 L3 Ԫ Ԫֻζǹ졣ҵһ һϵͳ⡣ݡΡǮ һƾ һõͨһ׶εƱҾ֪ " ڿ "

վͼ