1、M UpdateAutos&Shared Mobility|North AmericaGlobal Auto Monitor:Global Auto Monitor:Elons Hidden Message For EVs?Morgan Stanley&Co.LLCAdam Jonas,CFAEquity Analyst Adam.J +1 212 761-1726 Morgan Stanley Europe S.E.,Madrid Branch+Javier Martinez de Olcoz CerdanEquity Analyst Javier.Martinez.O +34 9141-8

2、1289 Morgan Stanley MUFG Securities Co.,Ltd.+Shinji KakiuchiEquity Analyst Shinji.K +81 3 6836-5416 Morgan Stanley India Company Private Limited+Binay SinghEquity Analyst Binay.S +91 22 6118-1158 Morgan Stanley Asia Limited+Tim HsiaoEquity Analyst Tim.H +852 2848-1982 Morgan Stanley&Co.International

3、 plc,Seoul Branch+Young Suk ShinEquity Analyst Young.S +82 2 399-4994 Morgan Stanley Asia Limited+Shelley Wang,CFAEquity Analyst Shelley.W +852 3963-0047 Joey Xu,CFAEquity Analyst Joey.X +852 3963-0337 Morgan Stanley MUFG Securities Co.,Ltd.+Hiroto SegawaEquity Analyst Hiroto.S +81 3 6836-8403 Autos

4、&Shared MobilityNorth AmericaIndustry ViewIn-LineTeslas extended 6-seat Model Y L variant(recently launched in China)may never come to the US as it may be obsolete given autonomy.What message does this send?The robots are coming.for your steering wheel.What Others Are Reading-Our Most Read ReportsNO

5、RTH AMERICA Dojo Gets DOGEd?.5 Key Thoughts(10 Aug 2025)TSLA is reportedly scaling back its ambitious in-house custom silicon compute efforts,emphasizing partnerships with suppliers such as NVIDIA and in-house inference capability.GLOBAL Another S&P LVP upgrade,FY25+0.9%YoY(15 Aug 2025)A new increas

6、e in global LV production estimates.S&P now expects FY25 production to reach 90.4 mn units(from 89.9mn last month),implying+0.9%YoY growth and keeps 89.6 mn in FY26(from 89.6 mn),-0.8%YoY.NORTH AMERICA Robonomics,Nukes on the Moon,The Elon Quotient(7 Aug 2025)As the world enters into a new era of sc