Based on Tesla's official filing, on June 16, CEO Elon Musk exercised 304 million stock options at a strike price of $23.34 per share, as outlined in the 2018 compensation plan. Given that Tesla's stock closed at $404.66 per share on that particular day, Musk secured a paper profit of roughly $116 billion. The exercise was executed using a "net settlement" approach, whereby Tesla retained 17.5319 million shares to cover the associated exercise costs. As a result, Musk was left with a net gain of approximately 286 million restricted shares. These shares come with service-year conditions attached and are projected to become eligible for sale by 2028.

In December 2020, Hyundai Motor acquired an 80% controlling stake in Boston Dynamics from SoftBank for $880 million, valuing the company at $1.1 billion at the time. The acquisition agreement included a put option that allowed SoftBank to sell its remaining shares in the future. Now, SoftBank has exercised this option, selling its remaining shares to Hyundai Motor for $325 million. With a history spanning over three decades, Boston Dynamics has seen slow progress in commercializing its robots. The quadrupedal robot Spot represents its first commercial success, while the humanoid robot Atlas still faces challenges in proving its commercial value.

On June 21, Fengjing revealed that the inaugural phase of its ambitious 2GWh project, dedicated to the development and production of new lithium titanate batteries, has been successfully completed. These state-of-the-art batteries have smoothly transitioned off the production line and are now poised for large-scale manufacturing. Rigorous performance and safety evaluations have confirmed that they meet all necessary benchmarks, ushering the project into the crucial phase of customer negotiations. This innovative battery technology is ideally suited for a wide array of applications, including new energy passenger vehicles, wind and solar energy storage systems, AI data centers, and beyond, heralding a fresh avenue for the company’s business expansion.

On June 21, reports surfaced indicating that Xiaomi Auto has recently unveiled fresh incentives for car purchases. On June 20, multiple frontline sales staff from Xiaomi Auto disclosed that their outlets are extending staff purchase discounts, enabling regular customers to benefit from a RMB 10,000 price cut on select in-stock vehicles when buying through internal employee channels. Presently, models like the SU7 Pro, as well as the YU7 long-range, Pro, and Max variants, are readily available in stock, though customers are responsible for locating the vehicles themselves. For instance, consider the brand-new in-stock YU7 long-range version showcased on the official APP. After opting for features such as the zero-gravity driver's seat and metallic pink paint, the total price comes to RMB 260,500. Yet, purchasing via internal channels would bring the cost down to just RMB 250,500, resulting in an immediate savings of RMB 10,000.

Tesla’s Grok intelligent assistant is set to introduce natural language control over the entire driving logic of the FSD (Supervised) system. Musk expects this feature to become available in about three months, with a wider rollout to all compatible vehicles planned for this autumn. Previously, Grok has already incorporated functionalities such as voice-activated navigation commands, voice wake-up prompts, and location-based navigation alerts. Once integrated with the FSD system, vehicle owners will be able to manage their cars through simple voice commands, eliminating the need for manual operation. This is especially useful in parking situations, where owners can issue real-time, precise parking instructions verbally, marking a significant shift in how drivers interact with their vehicles.

Elon Musk, currently the wealthiest individual globally, has formally realized gains from his 2018 compensation plan. According to a recent filing by Tesla with the U.S. Securities and Exchange Commission, Musk exercised all of his roughly 304 million stock options on June 16. This compensation package, often hailed as the "most substantial in history," has, after years of legal wrangling, now officially transitioned into the realization stage. Following the exercise of these options, Musk's voting influence within Tesla has surged to nearly 20%.

The exercise price stood at $23.34 per share. Given Tesla's closing share price of $404.66 on June 16, Musk's paper profit from this transaction amounts to an estimated $116 billion. After accounting for the costs associated with exercising the options, Musk was left with approximately 286 million restricted shares. These shares carry full voting rights, yet they are bound by restrictions that prohibit their sale or transfer prior to January 19, 2028.

On June 20, Zhongji Shipbuilding held a centralized trial voyage ceremony for the first batch of 9 new energy ships at Nanning Port in Guangxi. The trial voyage ships include unmanned smart ships, commercial operation vessels, and civilian leisure boats, suitable for scenarios such as law enforcement patrols and scenic area sightseeing, promoting the green transformation of inland river shipping. Zhongji Shipbuilding utilizes new materials and digital processes to achieve standardized mass production, significantly reducing costs and construction cycles.

As pivotal raw materials for new energy and energy storage batteries, iron phosphate and lithium iron phosphate have witnessed a relentless surge in prices this year, accompanied by unwavering market enthusiasm. According to CCTV Business, a pack of lithium iron phosphate, weighing approximately 400 kilograms, now fetches over 25,000 yuan, a stark contrast to its mere 10,000 yuan price tag a year ago. Despite this price doubling, market demand remains vigorous.

In the finished goods warehouse of a lithium iron phosphate manufacturing enterprise, newly installed shelves and the floor space alike are brimming with products. Over 90% of the lithium iron phosphate produced by this company is supplied to leading new energy vehicle manufacturers, which is the primary driver behind its substantial order increase. The company's leader remarked that the robust export demand for new energy vehicles and energy storage products has fueled the sustained growth in demand for lithium iron phosphate, emerging as a pivotal factor behind the price hike.

Moreover, the escalation in upstream raw material prices is also a critical factor propelling the increase in lithium iron phosphate costs. Lithium iron phosphate is predominantly produced by blending iron phosphate, lithium carbonate, and glucose, with iron phosphate constituting roughly 30% of the total raw material expenses. Since the onset of this year, the price of iron phosphate has skyrocketed, further inflating the production costs of lithium iron phosphate.

Tesla may choose Oceania as the first overseas market for its driverless taxi service, having already rolled out FSD V14 system version 14.3.3 to Australia and New Zealand this week.

Based on the most recent filing with the U.S. Securities and Exchange Commission (SEC), Elon Musk has fully exercised all rights afforded to him under his 2018 Tesla CEO compensation plan. This move has resulted in his acquisition of 304 million shares, yielding a paper profit of approximately $116 billion (around RMB 780 billion). These shares are subject to a lock-up period and will not be available for sale until 2028.

On June 20, Ideal Auto made an announcement that its 150,000th mass-produced pure electric SUV, the Ideal i6, had successfully rolled off the production line. This model was officially launched on September 26, 2025, with a starting price of RMB 249,800. Categorized as a large five-seater SUV, it boasts cutting-edge 5C ultra-fast charging technology and offers an impressive CLTC (China Light-Duty Vehicle Test Cycle) range of up to 720 kilometers, catering to the diverse needs of modern drivers.

At a time when the majority of electric vehicles (EVs) are striving for larger dimensions and extended driving ranges, Honda has chosen a distinctive path by introducing the Super-N, a micro pure electric car, in the UK. This model prioritizes the joy of driving. Developed from the Japanese domestic N-One E pure electric variant and fine-tuned for a sporty driving experience, this compact electric performance car boasts a local starting price of £18,995, roughly equivalent to RMB 170,000.

On June 18 (local time), Volkswagen Group of Germany declared that, in response to the ramifications of geopolitical tensions and escalating competition within the industry, it would expedite its business restructuring efforts. By the close of this year, Volkswagen intends to reduce its workforce by 19,000 positions in Germany, with a projected cumulative job reduction of approximately 50,000 by the year 2030. The restructuring initiatives encompass cost reduction, operational layout optimization, structural simplification, and an accelerated focus on R&D, all aimed at bolstering the company's long-term competitiveness.

Back in February of this year, the inaugural Tesla Cybercab made its grand debut, rolling off the assembly line at Giga Texas. This event ignited a firestorm of public debate surrounding this 'autonomous taxi'. Now, for the first time, certification documents submitted by Tesla to the U.S. Environmental Protection Agency (EPA) have comprehensively laid bare the model's core technical specifications.

The Cybercab is a front-wheel-drive vehicle, propelled by a 163kW (equivalent to 219 horsepower) AC permanent magnet synchronous motor. It is outfitted with a lithium-ion battery pack boasting a capacity of roughly 48 kWh and has a curb weight of 1,412 kg. According to EPA laboratory tests, it offers an impressive combined driving range of approximately 418 miles (around 672.7 kilometers) and a highway driving range of about 375 miles (roughly 603.5 kilometers). Its energy consumption stands at a mere 10.25 kWh per 100 kilometers, showcasing exceptional energy efficiency.

In a bold departure from traditional vehicle design, the Cybercab does away with the steering wheel and pedals. Instead, it features a two-seater cabin and gull-wing doors, exuding a futuristic aesthetic. Moreover, it is equipped with HW4.0 autonomous driving hardware. Tesla has set an ambitious target price for this model, aiming to keep it below $30,000.

According to insiders, autonomous driving company Momenta is preparing to go public in Hong Kong with a valuation of approximately $9 billion, aiming to raise around $1 billion through an initial public offering. On June 18, the official website of the China Securities Regulatory Commission released a filing notice stating that Momenta plans to issue no more than 43,754,060 ordinary shares for overseas listing and to be listed on the Hong Kong Stock Exchange.

Self-driving technology company Momenta is gearing up for a public listing in Hong Kong, with an anticipated valuation hovering around $9 billion. The firm aims to raise approximately $1 billion through its initial public offering (IPO). Backed by industry giants General Motors, Toyota, and SAIC Motor, Momenta is at the forefront of developing the 'brain' for autonomous vehicles, offering driving assistance solutions to car manufacturers. In the robotaxi sector, Momenta has established collaborations with Uber and the Mercedes-Benz Group, and has also extended its operations into Southeast Asia in partnership with Grab. According to a disclosure from the China Securities Regulatory Commission on June 10, which was made public on Thursday, Momenta intends to offer no more than 43.75 million shares in Hong Kong. The regulatory body has given the green light to the materials submitted by the company. Momenta has chosen not to provide any comments on this development.

BYD is set to revamp the operational framework of its sub-brands. The sub-brands, encompassing Dynasty, Ocean, Fang Cheng Bao, and Denza, are slated to take full charge of their financial outcomes, with autonomous settlement of group resource expenditures. Notably, the Yangwang brand will be exempt from this restructuring initiative in the interim.

In pursuit of this objective, BYD will bifurcate its Automotive Engineering Institute into five distinct brand-centric research institutes. Henceforth, the Engineering Institute will concentrate solely on the development of technological platforms, marking a departure from the erstwhile practice where it was solely responsible for defining and developing vehicle models in a uniform manner.

Data unveiled by BYD Auto reveals that the cumulative sales volume for May reached 383,453 units. Among these, the Dynasty and Ocean series accounted for 330,215 units, Fang Cheng Bao contributed 30,186 units, Denza recorded 16,303 units, and the Yangwang brand registered 286 units.

By June 18, 2026, the total number of deliveries for the AITO M9 series had exceeded 290,000 units. The brand-new AITO M9 made its debut on May 27 of the same year, presenting two distinct models: the standard edition and the Ultimate extended edition. Deliveries across the country kicked off in mid-June.

Based on a regulatory correspondence, Sweden's transport regulatory body has proposed opposing Tesla's introduction of its FSD (Full Self-Driving) Supervised system in Europe, unless Tesla deactivates the software's speeding capability. In a confidential letter dated April 30, the Swedish Transport Administration expressed that Tesla's FSD (Supervised) should not receive approval for operation on EU roads until the function that disregards speed limits is eliminated.

According to reports, Hyundai Motor Group is set to purchase the 9.65% stake in Boston Dynamics that is currently owned by SoftBank, at a price of KRW 500 billion (roughly equivalent to USD 325). million This move will enable Hyundai Motor Group to gain complete ownership of Boston Dynamics. Prior to this, Hyundai already possessed an 80% stake in the company.