Krypton Evening News | Tesla officially stopped producing the Model S and Model X; Musk: Version 14.3 of FSD is expected to be released this weekend; Alibaba released Wan2.7-Image
Large Companies:
Li Yapeng's Company Establishes Elks Coffee Company
36Kr learned that according to the Aiqicha App, recently, Yunnan Elks Coffee Co., Ltd. was established. The legal representative is Yang Ning, with a registered capital of 1 million RMB. Its business scope includes coffee bean cultivation, wholesale of edible agricultural products, retail of edible agricultural products, and food sales on the Internet. The equity penetration diagram shows that the company is held by Beijing Yilian Culture and Technology Co., Ltd. under Li Yapeng and Luo Yuzao with 90% and 10% shares respectively.
Tesla Officially Stops Production of Model S and Model X
According to media reports, Musk posted on the X platform on April 1st, announcing that Tesla has officially stopped producing Model S and Model X. Currently, it has stopped accepting new car customization orders, and consumers can only buy in - stock cars. Previously, Musk said that Optimus humanoid robots would be produced at the Fremont factory, and the production lines of Model S and Model X would be cancelled. Data shows that in 2025, the global delivery volume of Model 3 and Model Y reached 1.6 million vehicles, while the total number of "other models" including Model S and Model X was only about 50,000. (Sina Finance)
Lenovo Group's CFO Says the Strategic Goal is to Double the Net Profit Margin in the Next Two Years
36Kr learned that on April 1st, Lenovo Group's 2026/27 fiscal year mobilization meeting was held in Beijing. Zheng Xiaoming, the chief financial officer of Lenovo Group, disclosed at the meeting that the company's strategic goal is to achieve revenues of over $100 billion and a net profit margin of over 5% after two years, and to fully transform into an AI - native company. Lenovo Group's Q3 report for the 2025/26 fiscal year shows that its adjusted net profit margin is about 2.7% (the net profit margin in the report's caliber is about 2.5%). This means that Lenovo Group's net profit margin may double in the next two years.
Unitree Technology is Selected for On - site Inspection of First - time Issuing Enterprises
36Kr learned that the official website of the China Securities Association released the "List of On - site Inspections of Second - Batch First - time Issuing Enterprises in 2026", and Unitree Technology Co., Ltd. was selected for on - site inspection.
Former Tesla China Executive Kong Yanshuang Joins Xiaomi
Kong Yanshuang, the former general manager of Tesla China, has joined Xiaomi and will replace Li Xiaorui, the former director of Xiaomi's automobile sales department, to be in charge of automobile sales. Kong Yanshuang joined in early March and is in the hand - over period. Currently, Xiaomi has not officially issued a notice about her official position. When seeking confirmation from Xiaomi about the above news, as of press time, Xiaomi has not responded. (Jiemian)
On April 1st, under the guidance of the Shanghai Branch of the State Administration of Foreign Exchange, the Shanghai Branch of the Bank of China, relying on the cross - border financial service platform, took the lead in implementing facilitation services for domestic freight foreign exchange payments for multiple enterprises in its jurisdiction. On the same day, the Shanghai Branch of China Construction Bank also implemented the new - scenario business for the first time. In just one day, the bank completed 49 verifications of freight invoices and confirmations of foreign exchange payments for 22 domestic enterprises, with a total amount of $769,000. (CCTV News)
Former President of Mercedes - Benz Japan, Kintaro Ueno, Joins BMW
On April 1st, BMW Japan issued a statement saying that Kintaro Ueno will join the company on April 1st as the president and representative director. Kintaro Ueno joined Mercedes - Benz Japan in 1987 and served as the president and CEO in 2012. (Jiemian)
Tesla's New Car Registrations in France Increased by 203% Year - on - Year in March
On April 1st, data released by the French automotive industry association PFA showed that Tesla's new car registrations in France rose to 9,569 in March, a year - on - year increase of 203.10%. (Jiemian)
CATL Gets a New Patent Related to Humanoid Robots
36Kr learned that according to the Aiqicha App, recently, the utility model patent of "Joint Structure and Robot" applied for by CATL Future Energy (Shanghai) Research Institute Co., Ltd. and Contemporary Amperex Technology Co., Ltd. was authorized. The abstract shows that this application involves the field of robot technology. The joint structure includes a joint component, a first driving part, and a second driving part. The first driving part is set on the base part and has a first driving rotating shaft set in the first direction, and the first driving rotating shaft is drivingly connected to the connecting part; the second driving part is set on the connecting part and has a second driving rotating shaft set in the first direction, and the second driving rotating shaft is drivingly connected to the movable part; the first driving part and the second driving part are at least partially overlapped in the first direction. The technical solution provided by this application can improve the problem that the neck joint structure of the existing humanoid robots is relatively bulky when the joint structure is applied to the neck of a humanoid robot.
QQ Becomes the First Domestic Social Platform Natively Integrated by OpenClaw Officially
36Kr learned that early this morning, OpenClaw released a new version v2026.3.31, and this update includes the official QQ Bot plug - in. This means that QQ has become the first domestic social platform natively integrated by OpenClaw officially. The QQ Bot code contributed by Tencent's lightweight cloud and QQ team has also been merged into the main OpenClaw repository. Immediately afterwards, Peter, the founder of OpenClaw, publicly liked this news.
Investment and Financing:
New Hope: Registration Application for Private Placement of Stocks Gets Approval
36Kr learned that New Hope announced that the company recently received the "Approval for the Registration of New Hope Liuhe Co., Ltd.'s Private Placement of Stocks" issued by the China Securities Regulatory Commission, approving the company's registration application for private placement of stocks.
"Xianglu Robot" Completes 300 Million Yuan in Financing
36Kr learned that "Xianglu Robot" announced today that it has completed 300 million yuan in financing, led by the industrial upgrading fund managed by Yizhuang State - owned Investment, with Amber, Jiuan, and Haitang following the investment. This is the second time that Xianglu has received support from major institutions after Source Code, IDG, Tencent, and JD.
"DigClaw" Gets Angel - round Financing
36Kr learned that DigClaw, an AI - driven new - generation scientific and technological innovation intention radar (Beijing Guyong Zhonghang Technology Co., Ltd.), recently announced the completion of angel - round financing, jointly invested by Zhongke Chuangxing and Zhongguancun Capital.
36Kr learned that according to the Aiqicha App, recently, Suzhou Industrial Park Artificial Intelligence Development Co., Ltd. underwent industrial and commercial changes, and its registered capital increased from 400 million yuan to 550 million yuan, an increase of 37.5%. The company was established in November 2017, with Zhang Feng as the legal representative. Its business scope includes the development, construction, and management of artificial intelligence industrial parks, entrepreneurship incubation management, and investment in artificial intelligence projects. Shareholder information shows that the company is wholly - owned by Suzhou Industrial Park Science and Technology Development Co., Ltd.
New Products:
Musk: FSD Version 14.3 is Expected to be Released This Weekend
Musk said on the social platform that the FSD version 14.3 has now entered the testing phase for Tesla employees and is expected to be officially released this weekend. (Jiemian)
UPDF Officially Releases Version 2.5, Introducing AI Agents - Related Capabilities
36Kr learned that recently, UPDF officially released version 2.5, further introducing AI Agents - related capabilities on the basis of PDF reading, editing, and conversion capabilities. This upgrade focuses on the high - frequency links in the document processing process and optimizes core scenarios such as information search, structure understanding, and page management.
Alibaba Releases Wan2.7 - Image
36Kr learned that on April 1st, Alibaba released the unified image generation and editing model Wan2.7 - Image. This model can achieve "personalized customization", and the new "color palette" function can precisely control colors. Wan2.7 - Image has full - link capabilities such as text - to - image, image - to - image group generation, image instruction editing, and interactive editing.
Today's Views:
German Economic Research Institutions Significantly Lower Germany's 2026 Economic Growth Forecast
On April 1st local time, five major German economic research institutions released a joint spring economic forecast report, pointing out that affected by the energy price shock caused by the current Middle East situation, the momentum of Germany's economic recovery has significantly slowed down. The report predicts that Germany's economy will grow by 0.6% in 2026 and 0.9% in 2027, down 0.6 and 0.4 percentage points respectively from the forecast in the autumn of last year. (CCTV News)
On April 1st, the "March Import and Export Trends" data released by the Ministry of Trade, Industry and Energy of South Korea showed that South Korea's exports in March increased by 48.3% year - on - year to $86.13 billion, setting a new monthly record. Among them, semiconductor exports soared by 151.4% year - on - year, breaking through the $30 billion mark for the first time, reaching $32.83 billion. In addition, automobile exports increased by 2.2% year - on - year to $6.37 billion, and petroleum product exports increased by 54.9% to $5.1 billion. (Jiemian)
Microsoft Plans to Invest $5.5 Billion in Cloud and AI Infrastructure in Singapore by 2029
Microsoft plans to invest $5.5 billion in cloud and AI infrastructure in Singapore by 2029. (Caixin)
Other Notable News:
The US Manned Lunar Orbiting Mission Enters the Final Preparation Stage
The US plans to carry out the "Artemis 2" manned lunar orbiting mission on April 1st. The US National Aeronautics and Space Administration said on March 31st that it is steadily advancing the final preparation work before the launch. The forecast shows that the probability of favorable weather conditions for the launch is 80%. (CCTV News)