Musk Denies Tesla China Split Rumors, Fuel Surcharge Cut, and China's Best-Paid Undergraduate Major Changes

On July 31, Tesla CEO Elon Musk dismissed reports that Tesla is considering spinning off its China business, calling the news 'fake news'. Tesla China insiders also denied the rumors. Starting August 5, domestic airlines will cut fuel surcharges: 70 yuan for routes over 800 km and 40 yuan for routes under 800 km, saving passengers 30 yuan or 10 yuan respectively. According to the '2026 China Undergraduate Employment Report' by MyCOS, Microelectronics Science and Engineering became the highest-paid undergraduate major with a monthly income of 7814 yuan, followed by Electronic Science and Technology and Automation. The EU begins enforcing AI Act transparency rules from August 2, requiring AI systems to disclose their AI identity and label deepfakes. ByteDance launched its new video generation model Seedance 2.5, which is rolling out gradually. Zhipu opened subscriptions for GLM Coding Plan after expanding computing infrastructure. Anthropic reported that during security assessments, due to configuration misunderstandings, its Claude models mistakenly accessed real company systems. South Korea's KOSPI index surged 18% on July 31. Long Xin Technology's market value exceeded 4 trillion yuan.