chinlee
2021-05-13
tesla and nio!
4 Factors That Are Popping the EV Stock Bubble<blockquote>导致电动汽车股票泡沫破裂的4个因素</blockquote>
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
3
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":191469785,"tweetId":"191469785","gmtCreate":1620899546747,"gmtModify":1634195459505,"author":{"id":3573467004161906,"idStr":"3573467004161906","authorId":3573467004161906,"authorIdStr":"3573467004161906","name":"chinlee","avatar":"https://static.tigerbbs.com/30dd0c92b6472d7ab9f701584a7f0d60","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>tesla and nio! </p></body></html>","htmlText":"<html><head></head><body><p>tesla and nio! </p></body></html>","text":"tesla and nio!","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/191469785","repostId":1188302199,"repostType":2,"repost":{"id":"1188302199","kind":"news","pubTimestamp":1620898857,"share":"https://www.laohu8.com/m/news/1188302199?lang=zh_CN&edition=full","pubTime":"2021-05-13 17:40","market":"us","language":"en","title":"4 Factors That Are Popping the EV Stock Bubble<blockquote>导致电动汽车股票泡沫破裂的4个因素</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188302199","media":"Barron's","summary":"Electric-vehicle investors are going through abrutal stretchafter an epic year.\nShares fell hard acr","content":"<p>Electric-vehicle investors are going through abrutal stretchafter an epic year.</p><p><blockquote>在经历了史诗般的一年之后，电动汽车投资者正在经历艰难的时期。</blockquote></p><p> Shares fell hard across the sector on Wednesday as concern aboutinflationjoined the list of worries dragging on the shares. Stock in Tesla (ticker: TSLA), the leader of the EV pack, dropped 4.4% Wednesday, closing below $600 a share for the first time since early March. Shares closed near the low of the day.</p><p><blockquote>周三，由于对通胀的担忧也加入了拖累股价的担忧行列，整个行业的股价大幅下跌。电动汽车领域的领导者特斯拉（股票代码：TSLA）的股价周三下跌4.4%，自3月初以来首次收于每股600美元以下。股价收于当天低点附近。</blockquote></p><p> The average drop among the EV stocks<i>Barron’s</i>tracks was about 3%. TheS&P 500,Dow Jones Industrial AverageandNasdaq Compositedropped 2.1%, 2% and 2.7%, respectively.</p><p><blockquote>电动汽车股票的平均跌幅<i>巴伦周刊</i>曲目约为3%。标准普尔500指数、道琼斯工业平均指数和纳斯达克综合指数分别下跌2.1%、2%和2.7%。</blockquote></p><p> Behind all those declines was news early in the day that consumer prices increased 4.2% year over year in April, far higher than the Federal Reserve’s 2% target. In April 2020, of course, things were falling apart, sending prices lower, amid Covid-19 lockdowns, so the gain was relative to a low base. But the March to April pickup in prices, excluding food and energy, was 0.9%. That rate equals full-year inflation of more than 11%.</p><p><blockquote>所有这些下降的背后是当天早些时候有消息称，4月份消费者价格同比上涨4.2%，远高于美联储2%的目标。当然，在2020年4月，由于Covid-19封锁，情况出现了分崩离析，导致价格下跌，因此涨幅相对于低基数而言。但3月至4月不包括食品和能源的价格上涨了0.9%。这一比率相当于全年通胀率超过11%。</blockquote></p><p> Inflation that high is like a parasite, eating into savings and sucking energy out of the economy. It also tends to hurt stock valuations, especially those of expensive growth companies that are expected to generate most of their cash flows far in the future. Higher inflation means higher bond yields, which reduce the current value of future cash flows, partly because higher rates give investors options to earn more interest on their money right now.</p><p><blockquote>如此高的通货膨胀就像寄生虫一样，吞噬储蓄并从经济中吸取能量。它还往往会损害股票估值，尤其是那些预计在遥远的未来产生大部分现金流的昂贵成长型公司的估值。通胀上升意味着债券收益率上升，从而降低未来现金流的现值，部分原因是利率上升让投资者可以选择立即赚取更多利息。</blockquote></p><p> Wednesday’s inflation-fueled declines are just the tip of the iceberg, though, for EV companies. Tesla stock is down about 34% from its January 52-week high of more than $900 a share. The average drop from 52-week highs for the rest of the EV names is about 70%. Investors just don’t have the appetite for more speculative, higher-growth stocks in the current environment.</p><p><blockquote>不过，对于电动汽车公司来说，周三通胀推动的下跌只是冰山一角。特斯拉股价较1月份每股900多美元的52周高点下跌约34%。其余电动汽车品牌较52周高点平均下跌约70%。在当前环境下，投资者对投机性更强、增长更高的股票没有兴趣。</blockquote></p><p> Stock inChurchill Capital Acquisition Corp. IV(CCIV), the SPAC merging withLucid Motors, is down about 73% from its 52-week high.Hyliion(HYLN) shares are down about 86%. And theChineseEV makersNIO(NIO),XPeng(XPEV) andLi Auto(LI) have fallen an average of about 45% from their 52-week highs.</p><p><blockquote>与Lucid Motors合并的SPAC Churchill Capital Acquisition Corp.IV(CCIV)股价较52周高点下跌约73%。Hyliion(HYLN)股价下跌约86%。中国电动汽车制造商蔚来汽车（蔚来）、小鹏汽车（XPEV）和理想汽车（LI）的股价较52周高点平均下跌约45%。</blockquote></p><p> Inflation is just the latest problem for the stocks.More competitionin the EV business, with traditional auto makers pouring billions into developing vehicles, is one problem. At the same time, the global shortage ofsemiconductorsis constraining automotive production around the globe, making it hard for EV makers to benefit from red-hot demand for cars and rising gasoline price.</p><p><blockquote>通货膨胀只是股市面临的最新问题。电动汽车行业的竞争加剧是一个问题，传统汽车制造商投入数十亿美元开发汽车。与此同时，全球半导体短缺限制了全球汽车生产，使电动汽车制造商难以从火热的汽车需求和不断上涨的汽油价格中受益。</blockquote></p><p> What is more, many of the new EV companies became public by merging with special-purpose acquisition companies. Many SPAC stocks, not just the EV-related ones, are struggling. TheDefiance Next Gen SPAC Derived ETF(SPAK) is down 34% from its February 52-week high.</p><p><blockquote>此外，许多新的电动汽车公司是通过与特殊目的收购公司合并而上市的。许多SPAC股票，不仅仅是与电动汽车相关的股票，都在苦苦挣扎。TheDefiance Next Gen SPAC衍生ETF(SPAK)较2月份52周高点下跌34%。</blockquote></p><p> A dozen EV-SPAC companies<i>Barron’s</i>tracks are now down 15% over the past year on average. Only five remain above their SPAC merger price of $10 a share: Lucid,Fisker(FSR),Arrival(ARVL),QuantumScape(QS), andNikola(NKLA).</p><p><blockquote>十几家EV-SPAC公司<i>巴伦周刊</i>过去一年，赛道平均下跌了15%。只有五家公司仍高于每股10美元的SPAC合并价格：Lucid、Fisker(FSR)、Arrival(ARVL)、QuantumScape(QS)和Nikola(NKLA)。</blockquote></p><p> Investors might believe that means those are the long-term winners among the EV SPAC stocks. But it is also possible their higher prices mean there is still further to fall.</p><p><blockquote>投资者可能认为，这意味着这些是电动汽车SPAC股票的长期赢家。但也有可能它们更高的价格意味着仍有进一步下跌的空间。</blockquote></p><p></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Factors That Are Popping the EV Stock Bubble<blockquote>导致电动汽车股票泡沫破裂的4个因素</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Factors That Are Popping the EV Stock Bubble<blockquote>导致电动汽车股票泡沫破裂的4个因素</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barron's</strong><span class=\"h-time small\">2021-05-13 17:40</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Electric-vehicle investors are going through abrutal stretchafter an epic year.</p><p><blockquote>在经历了史诗般的一年之后，电动汽车投资者正在经历艰难的时期。</blockquote></p><p> Shares fell hard across the sector on Wednesday as concern aboutinflationjoined the list of worries dragging on the shares. Stock in Tesla (ticker: TSLA), the leader of the EV pack, dropped 4.4% Wednesday, closing below $600 a share for the first time since early March. Shares closed near the low of the day.</p><p><blockquote>周三，由于对通胀的担忧也加入了拖累股价的担忧行列，整个行业的股价大幅下跌。电动汽车领域的领导者特斯拉（股票代码：TSLA）的股价周三下跌4.4%，自3月初以来首次收于每股600美元以下。股价收于当天低点附近。</blockquote></p><p> The average drop among the EV stocks<i>Barron’s</i>tracks was about 3%. TheS&P 500,Dow Jones Industrial AverageandNasdaq Compositedropped 2.1%, 2% and 2.7%, respectively.</p><p><blockquote>电动汽车股票的平均跌幅<i>巴伦周刊</i>曲目约为3%。标准普尔500指数、道琼斯工业平均指数和纳斯达克综合指数分别下跌2.1%、2%和2.7%。</blockquote></p><p> Behind all those declines was news early in the day that consumer prices increased 4.2% year over year in April, far higher than the Federal Reserve’s 2% target. In April 2020, of course, things were falling apart, sending prices lower, amid Covid-19 lockdowns, so the gain was relative to a low base. But the March to April pickup in prices, excluding food and energy, was 0.9%. That rate equals full-year inflation of more than 11%.</p><p><blockquote>所有这些下降的背后是当天早些时候有消息称，4月份消费者价格同比上涨4.2%，远高于美联储2%的目标。当然，在2020年4月，由于Covid-19封锁，情况出现了分崩离析，导致价格下跌，因此涨幅相对于低基数而言。但3月至4月不包括食品和能源的价格上涨了0.9%。这一比率相当于全年通胀率超过11%。</blockquote></p><p> Inflation that high is like a parasite, eating into savings and sucking energy out of the economy. It also tends to hurt stock valuations, especially those of expensive growth companies that are expected to generate most of their cash flows far in the future. Higher inflation means higher bond yields, which reduce the current value of future cash flows, partly because higher rates give investors options to earn more interest on their money right now.</p><p><blockquote>如此高的通货膨胀就像寄生虫一样，吞噬储蓄并从经济中吸取能量。它还往往会损害股票估值，尤其是那些预计在遥远的未来产生大部分现金流的昂贵成长型公司的估值。通胀上升意味着债券收益率上升，从而降低未来现金流的现值，部分原因是利率上升让投资者可以选择立即赚取更多利息。</blockquote></p><p> Wednesday’s inflation-fueled declines are just the tip of the iceberg, though, for EV companies. Tesla stock is down about 34% from its January 52-week high of more than $900 a share. The average drop from 52-week highs for the rest of the EV names is about 70%. Investors just don’t have the appetite for more speculative, higher-growth stocks in the current environment.</p><p><blockquote>不过，对于电动汽车公司来说，周三通胀推动的下跌只是冰山一角。特斯拉股价较1月份每股900多美元的52周高点下跌约34%。其余电动汽车品牌较52周高点平均下跌约70%。在当前环境下，投资者对投机性更强、增长更高的股票没有兴趣。</blockquote></p><p> Stock inChurchill Capital Acquisition Corp. IV(CCIV), the SPAC merging withLucid Motors, is down about 73% from its 52-week high.Hyliion(HYLN) shares are down about 86%. And theChineseEV makersNIO(NIO),XPeng(XPEV) andLi Auto(LI) have fallen an average of about 45% from their 52-week highs.</p><p><blockquote>与Lucid Motors合并的SPAC Churchill Capital Acquisition Corp.IV(CCIV)股价较52周高点下跌约73%。Hyliion(HYLN)股价下跌约86%。中国电动汽车制造商蔚来汽车（蔚来）、小鹏汽车（XPEV）和理想汽车（LI）的股价较52周高点平均下跌约45%。</blockquote></p><p> Inflation is just the latest problem for the stocks.More competitionin the EV business, with traditional auto makers pouring billions into developing vehicles, is one problem. At the same time, the global shortage ofsemiconductorsis constraining automotive production around the globe, making it hard for EV makers to benefit from red-hot demand for cars and rising gasoline price.</p><p><blockquote>通货膨胀只是股市面临的最新问题。电动汽车行业的竞争加剧是一个问题，传统汽车制造商投入数十亿美元开发汽车。与此同时，全球半导体短缺限制了全球汽车生产，使电动汽车制造商难以从火热的汽车需求和不断上涨的汽油价格中受益。</blockquote></p><p> What is more, many of the new EV companies became public by merging with special-purpose acquisition companies. Many SPAC stocks, not just the EV-related ones, are struggling. TheDefiance Next Gen SPAC Derived ETF(SPAK) is down 34% from its February 52-week high.</p><p><blockquote>此外，许多新的电动汽车公司是通过与特殊目的收购公司合并而上市的。许多SPAC股票，不仅仅是与电动汽车相关的股票，都在苦苦挣扎。TheDefiance Next Gen SPAC衍生ETF(SPAK)较2月份52周高点下跌34%。</blockquote></p><p> A dozen EV-SPAC companies<i>Barron’s</i>tracks are now down 15% over the past year on average. Only five remain above their SPAC merger price of $10 a share: Lucid,Fisker(FSR),Arrival(ARVL),QuantumScape(QS), andNikola(NKLA).</p><p><blockquote>十几家EV-SPAC公司<i>巴伦周刊</i>过去一年，赛道平均下跌了15%。只有五家公司仍高于每股10美元的SPAC合并价格：Lucid、Fisker(FSR)、Arrival(ARVL)、QuantumScape(QS)和Nikola(NKLA)。</blockquote></p><p> Investors might believe that means those are the long-term winners among the EV SPAC stocks. But it is also possible their higher prices mean there is still further to fall.</p><p><blockquote>投资者可能认为，这意味着这些是电动汽车SPAC股票的长期赢家。但也有可能它们更高的价格意味着仍有进一步下跌的空间。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/inflation-and-3-more-factors-that-are-popping-the-ev-stock-bubble-51620856104?mod=hp_LEAD_3\">Barron's</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYLN":"Hyliion Holdings Corp.","XPEV":"小鹏汽车","NIO":"蔚来","TSLA":"特斯拉","LI":"理想汽车"},"source_url":"https://www.barrons.com/articles/inflation-and-3-more-factors-that-are-popping-the-ev-stock-bubble-51620856104?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188302199","content_text":"Electric-vehicle investors are going through abrutal stretchafter an epic year.\nShares fell hard across the sector on Wednesday as concern aboutinflationjoined the list of worries dragging on the shares. Stock in Tesla (ticker: TSLA), the leader of the EV pack, dropped 4.4% Wednesday, closing below $600 a share for the first time since early March. Shares closed near the low of the day.\nThe average drop among the EV stocksBarron’stracks was about 3%. TheS&P 500,Dow Jones Industrial AverageandNasdaq Compositedropped 2.1%, 2% and 2.7%, respectively.\nBehind all those declines was news early in the day that consumer prices increased 4.2% year over year in April, far higher than the Federal Reserve’s 2% target. In April 2020, of course, things were falling apart, sending prices lower, amid Covid-19 lockdowns, so the gain was relative to a low base. But the March to April pickup in prices, excluding food and energy, was 0.9%. That rate equals full-year inflation of more than 11%.\nInflation that high is like a parasite, eating into savings and sucking energy out of the economy. It also tends to hurt stock valuations, especially those of expensive growth companies that are expected to generate most of their cash flows far in the future. Higher inflation means higher bond yields, which reduce the current value of future cash flows, partly because higher rates give investors options to earn more interest on their money right now.\nWednesday’s inflation-fueled declines are just the tip of the iceberg, though, for EV companies. Tesla stock is down about 34% from its January 52-week high of more than $900 a share. The average drop from 52-week highs for the rest of the EV names is about 70%. Investors just don’t have the appetite for more speculative, higher-growth stocks in the current environment.\nStock inChurchill Capital Acquisition Corp. IV(CCIV), the SPAC merging withLucid Motors, is down about 73% from its 52-week high.Hyliion(HYLN) shares are down about 86%. And theChineseEV makersNIO(NIO),XPeng(XPEV) andLi Auto(LI) have fallen an average of about 45% from their 52-week highs.\nInflation is just the latest problem for the stocks.More competitionin the EV business, with traditional auto makers pouring billions into developing vehicles, is one problem. At the same time, the global shortage ofsemiconductorsis constraining automotive production around the globe, making it hard for EV makers to benefit from red-hot demand for cars and rising gasoline price.\nWhat is more, many of the new EV companies became public by merging with special-purpose acquisition companies. Many SPAC stocks, not just the EV-related ones, are struggling. TheDefiance Next Gen SPAC Derived ETF(SPAK) is down 34% from its February 52-week high.\nA dozen EV-SPAC companiesBarron’stracks are now down 15% over the past year on average. Only five remain above their SPAC merger price of $10 a share: Lucid,Fisker(FSR),Arrival(ARVL),QuantumScape(QS), andNikola(NKLA).\nInvestors might believe that means those are the long-term winners among the EV SPAC stocks. But it is also possible their higher prices mean there is still further to fall.","news_type":1,"symbols_score_info":{"HYLN":0.9,"LI":0.9,"XPEV":0.9,"NIO":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":942,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":12,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/191469785"}
精彩评论