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By comparing Apple, Tesla, and BYD, Morgan Stanley explained the logic behind Xiaomi's valuation potentially doubling within five years.
Morgan Stanley believes that, referencing the historical data of Tesla and BYD, as Xiaomi's electric vehicle sales explode over the next two years (with a CAGR of over 100%), the company's electric vehicle Business P/S is also expected to expand rapidly, reaching 2-3 times by 2026. Furthermore, with the model of "Smart Phone + AIoT + Internet services", Xiaomi is expected to replicate Apple's success, with Morgan Stanley predicting that this Business will reach a PE of 20-25 times by 2025.
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Xiaopeng Huitian is one step closer to officially "going to the sky": the application for production license has been accepted, and the completion of the mass production factory is at 70%.
① Xpeng Huitian announced that the production license (PC) application for the "land aircraft carrier" flying object (code name: X3-F) has officially been accepted by the Civil Aviation Administration of China Southern Region. ② Xpeng Huitian will continue to actively cooperate with the authorities to carry out model qualification and production license verification work, aiming for mass production and delivery in 2026. ③ The completion rate of the Xpeng Huitian flying car manufacturing base has reached 70%.
Gates: Musk is "murdering" children.
Gates stated that the actions of DOGE, led by Musk, to cut USA development aid funds have resulted in lifesaving food and Pharmaceuticals expiring in warehouses, and may lead to the resurgence of diseases such as measles, HIV, and polio, "murdering the world's poorest children."
Express News | xAI, Elon Musk's AI Venture, Negotiates New Funding Round Valuing Company at Up to $120 Billion, Up from $80 Billion a Month Ago - NYT
The Ministry of Industry and Information Technology is publicly soliciting opinions on the regulation of hidden door handles.
① The Ministry of Industry and Information Technology publicly solicited opinions on May 9 regarding the revision plan for the mandatory national standard "Safety Technical Requirements for Autos Door Handles"; ② This standard will fill the gap in regulations concerning hidden interior door handles and will focus on the potential escape and rescue risks of electric and hidden door handles.