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Glonghui, February 24th｜According to National Business Daily, Tesla recently confirmed that the first mass-produced Cybercab has rolled off the production line in Texas, USA, two months ahead of schedule. This vehicle is specifically designed for fully autonomous driving, with no steering wheel or pedals. Industry insiders believe that its launch marks a critical stage in Tesla's autonomous driving strategy. However, Cybercab still faces regulatory approval challenges, and there are differing opinions within the industry regarding its development path. In addition, Tesla's financial data for 2025 has declined, and the company is shifting its focus to areas such as AI, but recent capital market reactions have not been optimistic. It is worth noting that Zoox, a subsidiary of Amazon, obtained a similar federal exemption in August 2025, and its autonomous vehicles without steering wheels or pedals are currently approved to provide limited public transportation services in Las Vegas and San Francisco. Reportedly, the vehicle is designed without a traditional front or rear, with a fully symmetrical body that supports bidirectional driving. Looking at the full-year performance, Tesla's core financial and delivery data for 2025 have all declined. The financial report shows that Tesla's revenue in 2025 was $94.827 billions, a year-on-year decrease of about 3%; GAAP net profit was $3.794 billions, a year-on-year decrease of about 46%. In terms of deliveries, Tesla delivered a total of 1.6361 million vehicles in 2025, a year-on-year decrease of 8.55%.

According to ChainCatcher, based on data from a certain exchange, all three major U.S. stock indexes rose in pre-market trading, with the Nasdaq up 0.19%, the Dow Jones up 0.05%, and the S&P 500 up 0.1%.

The potential transaction involves the transfer of operational rights for certain oil pipelines in Kuwait. If successfully completed, it will become one of the largest energy infrastructure deals in the Middle East this year. The competition among multiple capital parties reflects strong confidence from international investors in the long-term returns of Gulf region energy assets. Currently, negotiations are still at a preliminary stage, and the specific transaction structure and shareholding ratios of each party have not yet been finalized. The Kuwaiti government hopes to improve the operational efficiency of the pipeline network by introducing international professional operators, while investors are attracted by its stable cash flow and the scarcity of infrastructure under the backdrop of energy transition.