--- title: "Fangzheng Securities: The intensive catalytic period for T-chain robots is approaching, focus on the core components industry catalysis" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/257822679.md" description: "Fangzheng Securities released a research report indicating that Tesla has set 12 operational goals, including selling 12 million electric vehicles and 1 million artificial intelligence robots, which is expected to benefit domestic suppliers in the industry chain. The T chain is expected to become a strong main line, with a focus on companies that are undervalued and have industry progress exceeding expectations. In the coming months, the robotics industry will welcome several important events that will drive industry development" datetime: "2025-09-18T02:07:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257822679.md) - [en](https://longbridge.com/en/news/257822679.md) - [zh-HK](https://longbridge.com/zh-HK/news/257822679.md) --- > 支持的语言: [English](https://longbridge.com/en/news/257822679.md) | [繁體中文](https://longbridge.com/zh-HK/news/257822679.md) # Fangzheng Securities: The intensive catalytic period for T-chain robots is approaching, focus on the core components industry catalysis According to the Zhitong Finance APP, Founder Securities released a research report stating that Tesla (TSLA.US) has announced 12 clear operational goals, including a sales target of 12 million electric vehicles and 1 million artificial intelligence robots, along with the recovery of FSD and the automotive sector Beta, which will bring substantial benefits to domestic suppliers in the industrial chain. The triple resonance catalyzed by Tesla's robots, vehicles, and FSD, combined with the recovery of the automotive sector Beta, is expected to make the T chain a strong main line. Meanwhile, the components sector is likely to benefit from the anti-involution trend, driving the sector into a strong performance phase. Key attention should be paid to leading companies in the T chain, those with low valuations, and those whose industrial progress exceeds expectations. ## Founder Securities' main viewpoints are as follows: **Tesla announces Musk's compensation plan, further development plans are expected to be released later** On September 5, 2025, Tesla announced a 10-year compensation plan designed for Musk, which includes achieving 12 operational goals, including sales targets for vehicles and robots: selling 12 million electric vehicles and 1 million artificial intelligence robots. Additionally, it includes registering and operating 1 million autonomous taxis; achieving 10 million orders for smart assisted driving features; and increasing the company's adjusted earnings by more than 20 times to $400 billion. The firm believes that the compensation plan provides clear guidance on Tesla's mid-term goals for vehicle and robot development, and to achieve these goals, Tesla is expected to launch more substantial plans and measures to accelerate the realization of these targets, which will benefit domestic suppliers in Tesla's industrial chain. **Acceleration of domestic and international robot deployment, the industry will welcome intensive catalysts in the future** From September to December, robots will encounter multiple key events: (1) On September 16, Musk stated that he plans to conduct a technical evaluation of the A15 chip design on September 21 (Saturday in the U.S.) and hold a meeting next week (September 22-28) regarding artificial intelligence/autonomous driving systems, Optimus robots, and vehicle production. (2) On September 15, Tesla has initiated a two-week supplier audit in China this week to finalize the Gen3 robot plan and confirm mass production for next year. (3) On September 20, the 2025 World Manufacturing Conference will be held in Hefei, Anhui, featuring an intelligent robot exhibition showcasing 40 robot companies. (4) Musk mentioned in Tesla's Q2 earnings call that the Tesla Optimus GEN3 is expected to launch as early as October, with mass production anticipated in early 2026. (5) In October, Chery's Moke robot is expected to release related products and start recruitment. (6) On October 24, XPeng's next-generation humanoid robot Iron is expected to be showcased at XPeng Technology Day, with mass production anticipated in H2 2026. (7) NVIDIA is accelerating its entry into the humanoid robot market, with robots co-developed with Foxconn expected to debut at Hon Hai Technology Day in November. (8) In Q4 2025, Yushu Technology is expected to submit an IPO application. The frequent intensive catalysts are expected to drive the sector upward. **The triple resonance catalyzed by Tesla's robots, vehicles, and FSD, combined with the recovery of the automotive sector Beta, is expected to make the T chain a strong main line** (1) Gen3 Robot Target: Since the release of Tesla's compensation plan, the mid-term direction of the robot has been determined to be upward. The Tesla Robot G3 will welcome a pre-release warm-up in Q4 2025, along with multi-point catalysis from the national chain robots. The sector is expected to reach a substantial turning point, with a focus on the directional changes of the G3 robot target. (2) Vehicle Cycle Bottoming Synchronization: The order performance of Model YL has exceeded expectations. From its launch in August to September 3rd (16 days post-launch), the cumulative number of orders has reached 120,000, and October sales may exceed 40,000 units. (3) Components Benefit from Downstream Recovery + Anti-Competition: The automotive industry is entering an upward turning point at the end of the year. On one hand, the traditional peak season of September and October is approaching, with peak season stocking helping to boost sales, and the fourth quarter is expected to see significant beta recovery. On the other hand, policies have established the industry's bottom. On September 13th, the Ministry of Industry and Information Technology and eight other departments issued the "Automotive Industry Stabilization Growth Work Plan (2025-2026)," proposing to achieve automotive sales of 32.3 million units in 2025 (year-on-year +3%) and new energy vehicle sales of 15.5 million units (year-on-year +20%). At the same time, the anti-competition measures are expected to benefit the components sector, driving the sector into a strong performance phase. **Investment Suggestions:** Focus on leading companies in the T-chain, those with undervalued stocks and industry progress exceeding expectations, including Joyson Electronics, Xusheng Group, Yinlun Co., Ltd., Delta Electronics Holdings, Hengli Hydraulic, Top Group, Sanhua Intelligent Controls, Mould-Tech, Aikodi, Rongtai Co., Ltd., and Zhejiang Rongtai. **Risk Warning:** Robot mass production may fall short of expectations, competition in the automotive industry may intensify, and domestic suppliers may not secure targets as anticipated ### 相关股票 - [XPeng (XPEV.US)](https://longbridge.com/zh-CN/quote/XPEV.US.md) - [XPENG-W (09868.HK)](https://longbridge.com/zh-CN/quote/09868.HK.md) - [Tesla (TSLA.US)](https://longbridge.com/zh-CN/quote/TSLA.US.md) ## 相关资讯与研究 - [SpaceX IPO Puts Sam Bankman Fried/FTX Stake In Musk Company Back In Spotlight: Here's The Missed Profits](https://longbridge.com/zh-CN/news/281557662.md) - [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/zh-CN/news/281331957.md) - [Tesla Is Sitting On A Record 50,000 Unsold EVs](https://longbridge.com/zh-CN/news/281618373.md) - [Tesla’s sales recover slightly, but the trend lines are all bad](https://longbridge.com/zh-CN/news/281541012.md) - [Balanced Risk-Reward Amid Delivery Misses and Uncertain AI Execution Keeps Tesla at Hold](https://longbridge.com/zh-CN/news/281558821.md)