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meowx3

meowx3

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2021-12-24

Fud

抱歉，原内容已删除

2021-12-16

Market recovering or bull trap?

2021-11-10

thank papa elon for his shares

Tesla shares rebounded and rose more than 3% in morning trading.<blockquote>特斯拉股价在早盘交易中反弹并上涨超过3%。</blockquote>

2021-11-10

Thanks elon for your shares mwaks!

Tesla shares rose 2.08% in premarket trading as analysts said the stock price was the normal callback<blockquote>特斯拉股价在盘前交易中上涨2.08%，分析师称股价是正常回调</blockquote>

2021-11-04

Come play!

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-04

Come play it!!

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-01

Send your shares to me thanks i gotta catch them all!

Tesla stock surged another 2.3% in premarket trading<blockquote>特斯拉股价在盘前交易中再次飙升 2.3%</blockquote>

2021-10-23

Market sinking you mean

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2021-10-17

1k is inevitable

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2021-10-08

Too dam cheap

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2021-10-07

$ARK Genomic Revolution Multi-Sector ETF(ARKG)$why...

2021-10-04

Please drop!!

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2021-09-27

FUD again? can have new trick?

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2021-09-27

1k is inevitable

Tesla's 'Beta Button' Is Live. What It Means for the Stock.<blockquote>特斯拉的“测试版按钮”上线了。这对股票意味着什么。</blockquote>

2021-09-20

Buy the dip guys its vix 25

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2021-09-04

Just a matter of time

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2021-09-01

... why so many etfs 😑 3 is enough!

Cathie Wood's Ark Looks To Launch New ETF Centered On 'Transparency,' Featuring Tesla, Apple<blockquote>Cathie Wood's Ark 希望推出以“透明度”为中心的新 ETF，以苹果特斯拉为特色</blockquote>

2021-08-24

Buy the dip!

Tesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</blockquote>

2021-08-09

Stop oil and gas. Support renewables

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2021-08-06

nonsensz

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shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870004470","repostId":"1108238578","repostType":2,"repost":{"id":"1108238578","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636556467,"share":"https://www.laohunote.com/m/news/1108238578?lang=zh_CN&edition=full","pubTime":"2021-11-10 23:01","market":"us","language":"en","title":"Tesla shares rebounded and rose more than 3% in morning trading.<blockquote>特斯拉股价在早盘交易中反弹并上涨超过3%。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1108238578","media":"Tiger Newspress","summary":"Tesla shares rebounded and rose more than 3% in morning trading.","content":"<p>Tesla shares rebounded and rose more than 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23:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla shares rebounded and rose more than 3%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/ac5b5e60cc7530dbbe8f067196938b18\" tg-width=\"878\" tg-height=\"599\" width=\"100%\" height=\"auto\"></p><p><blockquote>特斯拉股价在早盘交易中反弹并上涨超过3%。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108238578","content_text":"Tesla shares rebounded and rose more than 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src=\"https://static.tigerbbs.com/58150a2a521a76f2ae2c9658f0908d88\" tg-width=\"880\" tg-height=\"610\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>","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>Tesla shares rose 2.08% in premarket trading as analysts said the stock price was the normal callback<blockquote>特斯拉股价在盘前交易中上涨2.08%，分析师称股价是正常回调</blockquote></title>\n<style 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smaller\">2021-11-10 18:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla&nbsp;shares&nbsp;rose&nbsp;2.08%&nbsp;in&nbsp;premarket&nbsp;trading&nbsp;as&nbsp;analysts said&nbsp;the&nbsp;stock price was the normal callback.</p><p><blockquote>特斯拉股价在盘前交易中上涨 2.08%，分析师表示股价是正常回调。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/58150a2a521a76f2ae2c9658f0908d88\" tg-width=\"880\" tg-height=\"610\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129183594","content_text":"Tesla shares rose 2.08% in premarket trading as analysts said the stock price was the normal 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Participate? 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All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849257254,"gmtCreate":1635761318843,"gmtModify":1635761318843,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Send your shares to me thanks i gotta catch them all!","listText":"Send your shares to me thanks i gotta catch them all!","text":"Send your shares to me thanks i gotta catch them all!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849257254","repostId":"1128958892","repostType":2,"repost":{"id":"1128958892","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635754043,"share":"https://www.laohunote.com/m/news/1128958892?lang=zh_CN&edition=full","pubTime":"2021-11-01 16:07","market":"us","language":"en","title":"Tesla stock surged another 2.3% in premarket trading<blockquote>特斯拉股价在盘前交易中再次飙升 2.3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128958892","media":"Tiger Newspress","summary":"Tesla stock surged another 2.3% in premarket trading.","content":"<p>Tesla stock surged another 2.3% in premarket trading.</p><p><blockquote>特斯拉股价在盘前交易中再次飙升 2.3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34cb5122bf0e428d879d706755bcccbc\" tg-width=\"1416\" tg-height=\"637\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>","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>Tesla stock surged another 2.3% in premarket trading<blockquote>特斯拉股价在盘前交易中再次飙升 2.3%</blockquote></title>\n<style 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16:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla stock surged another 2.3% in premarket trading.</p><p><blockquote>特斯拉股价在盘前交易中再次飙升 2.3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/34cb5122bf0e428d879d706755bcccbc\" tg-width=\"1416\" tg-height=\"637\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128958892","content_text":"Tesla stock surged another 2.3% in premarket 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cheap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823770142","repostId":"1184084438","repostType":2,"isVote":1,"tweetType":1,"viewCount":2302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823852505,"gmtCreate":1633614383744,"gmtModify":1633614383965,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ARKG\">$ARK Genomic Revolution Multi-Sector ETF(ARKG)$</a>why...","listText":"<a href=\"https://laohu8.com/S/ARKG\">$ARK Genomic Revolution Multi-Sector ETF(ARKG)$</a>why...","text":"$ARK Genomic Revolution Multi-Sector ETF(ARKG)$why...","images":[{"img":"https://static.tigerbbs.com/d5ee229922455f8f746344c5320b29d9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823852505","isVote":1,"tweetType":1,"viewCount":1159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":820923424,"gmtCreate":1633343616022,"gmtModify":1633343616198,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Please drop!!","listText":"Please drop!!","text":"Please drop!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820923424","repostId":"2172899341","repostType":2,"isVote":1,"tweetType":1,"viewCount":1286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866174885,"gmtCreate":1632750889947,"gmtModify":1632798110273,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"FUD again? can have new trick?","listText":"FUD again? can have new trick?","text":"FUD again? can have new trick?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866174885","repostId":"1183248288","repostType":4,"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866328580,"gmtCreate":1632737277740,"gmtModify":1632798207019,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"1k is inevitable","listText":"1k is inevitable","text":"1k is inevitable","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866328580","repostId":"1128485442","repostType":2,"repost":{"id":"1128485442","kind":"news","pubTimestamp":1632729714,"share":"https://www.laohunote.com/m/news/1128485442?lang=zh_CN&edition=full","pubTime":"2021-09-27 16:01","market":"us","language":"en","title":"Tesla's 'Beta Button' Is Live. What It Means for the Stock.<blockquote>特斯拉的“测试版按钮”上线了。这对股票意味着什么。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128485442","media":"Barrons","summary":"Tesla delivered its “beta button” Friday, bringing the next level of autonomous driving to its car o","content":"<p>Tesla delivered its “beta button” Friday, bringing the next level of autonomous driving to its car owners. Regulators aren’t happy.</p><p><blockquote>特斯拉周五发布了 “测试版”按钮，为车主带来了新的自动驾驶体验。监管机构并不高兴。</blockquote></p><p> With the “beta button,” Tesla (ticker: TSLA) owners can now request the most sophisticated version of Tesla’s autonomous-driving software, dubbed Full Self Driving, or FSD, with the press of a finger. The button went live on Friday.</p><p><blockquote>有了 “测试版按钮 ”，特斯拉（股票代码：TSLA）车主现在只需按一下手指，就可以请求特斯拉最先进版本的自动驾驶软件，即全自动驾驶（FSD）。该按钮于周五上线。</blockquote></p><p> Tesla’s new system will do things such as make left turns for the driver. Tesla has let some drivers test the system before now. Many videos from testers that review the capabilities—and issues—with the system are available on YouTube. </p><p><blockquote>特斯拉的新系统将为驾驶员做左转等事情。特斯拉已经让一些司机测试了该系统。YouTube 上有许多来自测试人员的视频，回顾了该系统的功能和问题。</blockquote></p><p> Just hitting the button isn’t all Tesla drivers have to do. The button doesn’t grant access to the new version automatically. Tesla judges driving behavior for a week before the upgrade is activated.</p><p><blockquote>特斯拉车手们要做的不仅仅是按下按钮。该按钮不会自动授予对新版本的访问权限。在激活升级之前，特斯拉会对驾驶行为进行一周的判断。</blockquote></p><p> Regulators have expressed nervousness about the launch and calling a safety feature a “beta” version. But beyond that, nothing much has happened. Investors can expect more to happen in coming weeks, including videos, tweets, and stories about Tesla’s full self-driving software and what regulators are thinking about it.</p><p><blockquote>监管机构对此次发布表示紧张，并称安全功能为 “测试版 ”。但除此之外，没有发生太多事情。投资者可以期待未来几周发生更多事情，包括有关特斯拉全自动驾驶软件的视频、推文和故事，以及监管机构对该软件的看法。</blockquote></p><p> Tesla hasn’t responded to multiple requests for comment about FSD, but the company has said in many public forums that it believes FSD software makes its vehicles safer to drive.</p><p><blockquote>特斯拉尚未回应有关 FSD 的多次置评请求，但该公司在许多公共论坛上表示，它相信 FSD 软件能让其车辆驾驶更安全。</blockquote></p><p> Tesla FSD is a so-called Level 2 autonomous-driving system. Level 2 means drivers need to watch the road at all times. The new version is the same kind of system. It makes driving easier and more convenient, but there are no systems that allow drivers to stop paying attention to driving altogether. That’s what Tesla, and the rest of the auto industry, wants to achieve years down the road.</p><p><blockquote>特斯拉FSD是所谓的2级自动驾驶系统。2级意味着驾驶员需要时刻观察道路。新版本是同一种系统。它让驾驶变得更容易、更方便，但没有任何系统可以让驾驶员完全停止关注驾驶。这就是特斯拉和汽车行业其他公司希望在未来几年实现的目标。</blockquote></p><p> Tesla stock, for its part, is at its highest level in months. Shares closed up 2.8% at $774.49 on Friday, and are now up about 10% in 2021, trailing just behind comparable gains of the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average. But all those gains have come recently. Tesla stock is up 15% over the past three months.</p><p><blockquote>特斯拉股价则处于几个月来的最高水平。周五股价收盘上涨 2.8%，至 774.49 美元，目前 2021 年上涨约 10%，仅落后于标普500和道琼斯工业平均指数的可比涨幅。但所有这些收益都是最近才出现的。过去三个月，特斯拉股价上涨了 15%。</blockquote></p><p></p>","source":"lsy1601382232898","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>Tesla's 'Beta Button' Is Live. What It Means for the Stock.<blockquote>特斯拉的“测试版按钮”上线了。这对股票意味着什么。</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\">\nTesla's 'Beta Button' Is Live. What It Means for the Stock.<blockquote>特斯拉的“测试版按钮”上线了。这对股票意味着什么。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-27 16:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla delivered its “beta button” Friday, bringing the next level of autonomous driving to its car owners. Regulators aren’t happy.</p><p><blockquote>特斯拉周五发布了 “测试版”按钮，为车主带来了新的自动驾驶体验。监管机构并不高兴。</blockquote></p><p> With the “beta button,” Tesla (ticker: TSLA) owners can now request the most sophisticated version of Tesla’s autonomous-driving software, dubbed Full Self Driving, or FSD, with the press of a finger. The button went live on Friday.</p><p><blockquote>有了 “测试版按钮 ”，特斯拉（股票代码：TSLA）车主现在只需按一下手指，就可以请求特斯拉最先进版本的自动驾驶软件，即全自动驾驶（FSD）。该按钮于周五上线。</blockquote></p><p> Tesla’s new system will do things such as make left turns for the driver. Tesla has let some drivers test the system before now. Many videos from testers that review the capabilities—and issues—with the system are available on YouTube. </p><p><blockquote>特斯拉的新系统将为驾驶员做左转等事情。特斯拉已经让一些司机测试了该系统。YouTube 上有许多来自测试人员的视频，回顾了该系统的功能和问题。</blockquote></p><p> Just hitting the button isn’t all Tesla drivers have to do. The button doesn’t grant access to the new version automatically. Tesla judges driving behavior for a week before the upgrade is activated.</p><p><blockquote>特斯拉车手们要做的不仅仅是按下按钮。该按钮不会自动授予对新版本的访问权限。在激活升级之前，特斯拉会对驾驶行为进行一周的判断。</blockquote></p><p> Regulators have expressed nervousness about the launch and calling a safety feature a “beta” version. But beyond that, nothing much has happened. Investors can expect more to happen in coming weeks, including videos, tweets, and stories about Tesla’s full self-driving software and what regulators are thinking about it.</p><p><blockquote>监管机构对此次发布表示紧张，并称安全功能为 “测试版 ”。但除此之外，没有发生太多事情。投资者可以期待未来几周发生更多事情，包括有关特斯拉全自动驾驶软件的视频、推文和故事，以及监管机构对该软件的看法。</blockquote></p><p> Tesla hasn’t responded to multiple requests for comment about FSD, but the company has said in many public forums that it believes FSD software makes its vehicles safer to drive.</p><p><blockquote>特斯拉尚未回应有关 FSD 的多次置评请求，但该公司在许多公共论坛上表示，它相信 FSD 软件能让其车辆驾驶更安全。</blockquote></p><p> Tesla FSD is a so-called Level 2 autonomous-driving system. Level 2 means drivers need to watch the road at all times. The new version is the same kind of system. It makes driving easier and more convenient, but there are no systems that allow drivers to stop paying attention to driving altogether. That’s what Tesla, and the rest of the auto industry, wants to achieve years down the road.</p><p><blockquote>特斯拉FSD是所谓的2级自动驾驶系统。2级意味着驾驶员需要时刻观察道路。新版本是同一种系统。它让驾驶变得更容易、更方便，但没有任何系统可以让驾驶员完全停止关注驾驶。这就是特斯拉和汽车行业其他公司希望在未来几年实现的目标。</blockquote></p><p> Tesla stock, for its part, is at its highest level in months. Shares closed up 2.8% at $774.49 on Friday, and are now up about 10% in 2021, trailing just behind comparable gains of the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average. But all those gains have come recently. Tesla stock is up 15% over the past three months.</p><p><blockquote>特斯拉股价则处于几个月来的最高水平。周五股价收盘上涨 2.8%，至 774.49 美元，目前 2021 年上涨约 10%，仅落后于标普500和道琼斯工业平均指数的可比涨幅。但所有这些收益都是最近才出现的。过去三个月，特斯拉股价上涨了 15%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-autonomous-driving-beta-button-51632583470?mod=hp_LATEST\">Barrons</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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-autonomous-driving-beta-button-51632583470?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128485442","content_text":"Tesla delivered its “beta button” Friday, bringing the next level of autonomous driving to its car owners. Regulators aren’t happy.\nWith the “beta button,” Tesla (ticker: TSLA) owners can now request the most sophisticated version of Tesla’s autonomous-driving software, dubbed Full Self Driving, or FSD, with the press of a finger. The button went live on Friday.\n\nTesla’s new system will do things such as make left turns for the driver. Tesla has let some drivers test the system before now. Many videos from testers that review the capabilities—and issues—with the system are available on YouTube. \n\nJust hitting the button isn’t all Tesla drivers have to do. The button doesn’t grant access to the new version automatically. Tesla judges driving behavior for a week before the upgrade is activated.\n\nRegulators have expressed nervousness about the launch and calling a safety feature a “beta” version. But beyond that, nothing much has happened. Investors can expect more to happen in coming weeks, including videos, tweets, and stories about Tesla’s full self-driving software and what regulators are thinking about it.\nTesla hasn’t responded to multiple requests for comment about FSD, but the company has said in many public forums that it believes FSD software makes its vehicles safer to drive.\nTesla FSD is a so-called Level 2 autonomous-driving system. Level 2 means drivers need to watch the road at all times. The new version is the same kind of system. It makes driving easier and more convenient, but there are no systems that allow drivers to stop paying attention to driving altogether. That’s what Tesla, and the rest of the auto industry, wants to achieve years down the road.\n\nTesla stock, for its part, is at its highest level in months. Shares closed up 2.8% at $774.49 on Friday, and are now up about 10% in 2021, trailing just behind comparable gains of the S&P 500 and Dow Jones Industrial Average. But all those gains have come recently. Tesla stock is up 15% over the past three months.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860306389,"gmtCreate":1632129932841,"gmtModify":1632802658483,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Buy the dip guys its vix 25","listText":"Buy the dip guys its vix 25","text":"Buy the dip guys its vix 25","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860306389","repostId":"1190902808","repostType":2,"isVote":1,"tweetType":1,"viewCount":873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814991066,"gmtCreate":1630736852655,"gmtModify":1631883982152,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Just a matter of time","listText":"Just a matter of time","text":"Just a matter of time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814991066","repostId":"1168724079","repostType":4,"isVote":1,"tweetType":1,"viewCount":1063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816605435,"gmtCreate":1630492385027,"gmtModify":1631890572890,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"... why so many etfs 😑 3 is enough!","listText":"... why so many etfs 😑 3 is enough!","text":"... why so many etfs 😑 3 is enough!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816605435","repostId":"1161960302","repostType":2,"repost":{"id":"1161960302","kind":"news","pubTimestamp":1630481174,"share":"https://www.laohunote.com/m/news/1161960302?lang=zh_CN&edition=full","pubTime":"2021-09-01 15:26","market":"us","language":"en","title":"Cathie Wood's Ark Looks To Launch New ETF Centered On 'Transparency,' Featuring Tesla, Apple<blockquote>Cathie Wood's Ark 希望推出以“透明度”为中心的新 ETF，以苹果特斯拉为特色</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1161960302","media":"Benzinga","summary":"Cathie Wood’s investment management firm Ark Invest is preparing to debut a new exchange-traded fund","content":"<p><div> Cathie Wood’s investment management firm Ark Invest is preparing to debut a new exchange-traded fund focused on transparency, Bloomberg News reported on Tuesday. What Happened:Ark’s Transparency ETF ...</p><p><blockquote><div>据彭博新闻社周二报道，凯西-伍德（Cathie Wood）的投资管理公司 Ark Invest 正准备推出一只新的交易所交易基金，重点关注透明度。发生了什么：方舟的透明度 ETF ...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple\">网页连接</a></blockquote></p><p></p>","source":"lsy1606299360108","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>Cathie Wood's Ark Looks To Launch New ETF Centered On 'Transparency,' Featuring Tesla, Apple<blockquote>Cathie Wood's Ark 希望推出以“透明度”为中心的新 ETF，以苹果特斯拉为特色</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\">\nCathie Wood's Ark Looks To Launch New ETF Centered On 'Transparency,' Featuring Tesla, Apple<blockquote>Cathie Wood's Ark 希望推出以“透明度”为中心的新 ETF，以苹果特斯拉为特色</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2021-09-01 15:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> Cathie Wood’s investment management firm Ark Invest is preparing to debut a new exchange-traded fund focused on transparency, Bloomberg News reported on Tuesday. What Happened:Ark’s Transparency ETF ...</p><p><blockquote><div>据彭博新闻社周二报道，凯西-伍德（Cathie Wood）的投资管理公司 Ark Invest 正准备推出一只新的交易所交易基金，重点关注透明度。发生了什么：方舟的透明度 ETF ...</div></blockquote></p><p>  <a href=\"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple\">Benzinga</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":{"AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/09/22752696/cathie-woods-ark-looks-to-launch-new-etf-centered-on-transparency-featuring-tesla-apple","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161960302","content_text":"Cathie Wood’s investment management firm Ark Invest is preparing to debut a new exchange-traded fund focused on transparency, Bloomberg News reported on Tuesday.\nWhat Happened:Ark’s Transparency ETF will largely have exposure in tech and consumer firms such as Salesforce.comIncCRM 0.03%,Tesla Inc, Apple Inc , and Nike Inc among others, as per Bloomberg.\nIf approved, the ETF would join Ark’s six active traded funds and would be the second suchlaunch this year after ARK Space Exploration & Innovation ETF(BATS:ARKX).\nArk Invest had in March launched ARKX, a fund focused on space-related investments and was then its first ETF launch in nearly two years.\nWhy It Matters:A Tesla bull, Wood has in the past openly shown support for transparency in her funds and reveals her stock pickings on a daily basis. She has also been revealing her liking towards stocks that focus on environment, social and governance standards.\nArk manages assets worth over $53.74 billion as of the second quarter this year, regulatory filings show.\nPrice Action:Ark’s flagship fund the Ark Innovation ETF closed 0.62% lower at $122.03 on Tuesday","news_type":1,"symbols_score_info":{"TSLA":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":639,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834658369,"gmtCreate":1629800289351,"gmtModify":1631890572906,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Buy the dip!","listText":"Buy the dip!","text":"Buy the dip!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834658369","repostId":"1104587650","repostType":2,"repost":{"id":"1104587650","kind":"news","pubTimestamp":1629799518,"share":"https://www.laohunote.com/m/news/1104587650?lang=zh_CN&edition=full","pubTime":"2021-08-24 18:05","market":"us","language":"en","title":"Tesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104587650","media":"Barrons","summary":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.\nManu","content":"<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.</p><p><blockquote>评估汽车公司关于自动驾驶汽车的说法变得越来越困难，而不是越来越容易。</blockquote></p><p> Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.</p><p><blockquote>制造商正在竞相制造最好的自动驾驶汽车，但对于没有高级工程学位的人来说，判断谁拥有最好的系统几乎是不可能的。自动驾驶功能太新，系统变化太快。</blockquote></p><p> The job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.</p><p><blockquote>投资者现在的任务是准确了解谁在谈论汽车制造商的自动驾驶系统。目前了解牛熊争论就足够了。弄清楚谁处于领先地位以及这对汽车制造商的股票意味着什么可以稍后进行。</blockquote></p><p> The highly anticipated&nbsp;Tesla(ticker: TSLA)&nbsp;A.I. Day&nbsp;was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.</p><p><blockquote>备受期待的特斯拉（股票代码：TSLA）人工智能。戴本应阐明自动驾驶的话题。相反，它打开了一个潘多拉的盒子，里面有需要解答的问题。</blockquote></p><p> What investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.</p><p><blockquote>投资者真正想知道的是，司机什么时候才能在高速公路上安全发短信和驾驶，而不用担心收到交通罚单。答案并没有出现。相反，投资者被要求消化计算机设计的自动驾驶模拟、机器学习和基于云的人工智能培训技术的重要性。这个细节很神秘。</blockquote></p><p> Tesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst&nbsp;Pierre Ferragu&nbsp;wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.</p><p><blockquote>然而，特斯拉公牛队在比赛中被特斯拉的人工智能能力及其自动驾驶功能的改进所震撼。New Street Research 分析师 Pierre Ferragu 周一撰文称，特斯拉在 “现实世界 ”人工智能领域的竞争中领先 10 年。他认为，特斯拉的自动驾驶订阅销售在 10 年内每辆车可产生约 23,000 美元的毛利润。这远远高于特斯拉销售一辆汽车所获得的大约 7,000 美元的毛利润。</blockquote></p><p> He rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.</p><p><blockquote>他将特斯拉股票评级为买入，并将股价目标定为 900 美元。周一股价收于 706.30 美元，上涨 3.8%。</blockquote></p><p> Tesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.</p><p><blockquote>另一方面，特斯拉的看空者则坚信，特斯拉关于自动驾驶汽车的说法被夸大了，其他公司在开发自动驾驶技术方面做得更好。</blockquote></p><p> The bears’ belief is partly rooted in two reports from the research firm&nbsp;Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.</p><p><blockquote>空头的信念部分源于研究公司 Guidehouse 的两份报告，该公司发布自动驾驶 “排行榜 ”。在2020年和2021年的报告中，特斯拉的死亡人数排名最后。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b2c9c6aae99c5231a325bf541cf4dca\" tg-width=\"553\" tg-height=\"915\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.</p><p><blockquote>这可能会让人觉得奇怪，因为特斯拉首席执行官埃隆-马斯克（Elon Musk）经常谈论特斯拉的自动驾驶产品有多先进。但 Guidehouse 的排名部分基于视觉系统和合作伙伴关系，而特斯拉在这两个领域的得分并不高。该公司不使用基于激光的雷达，而其他自动驾驶汽车制造商则使用。它也不建立合作伙伴关系，一切都在内部完成。</blockquote></p><p> It is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.</p><p><blockquote>有可能多头和空头都是对的，并且正在互相谈论。例如，Waymo 在 Guidehouse 排名中处于领先地位。它已经在亚利桑那州部署了全自动机器人出租车。这是一个相当大的壮举。</blockquote></p><p> Tesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.</p><p><blockquote>特斯拉的系统还不足以成为机器人出租车。它们符合 2 级自动驾驶资格，这意味着司机必须始终参与其中。但支持 Waymo robotaxi 的系统每辆车的成本可能高达 10 万美元。这对于消费汽车来说太贵了。</blockquote></p><p> In October 2020,<i>Consumer Reports</i>&nbsp;ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to&nbsp;General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.</p><p><blockquote>2020年10月，<i>消费者报告</i>对消费者可用的自动驾驶系统进行了排名。总体而言，特斯拉的自动驾驶系统仅次于通用汽车（GM）。特斯拉在功能和易用性方面得分最高，但在保持驾驶员参与度方面排名较差。</blockquote></p><p> One reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.</p><p><blockquote>得分低的一个原因可能是特斯拉的自动驾驶系统不是 “免提 ”解决方案。驾驶员需要将手放在或触摸方向盘上，以保持系统运行。有一些 “免提 ”系统利用车内摄像头确保驾驶员的眼睛始终注视着道路。</blockquote></p><p> Camera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.</p><p><blockquote>摄像头监控可能比触觉方向盘反馈更好。对于汽车公司和监管机构来说，这是一场争论。</blockquote></p><p> Practically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.</p><p><blockquote>实际上，解放双手和需要双手并不是竞争差异化的基础。当今提供的所有系统，无论是否免提，都要求驾驶员100%的时间参与。</blockquote></p><p> Autonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.</p><p><blockquote>自动驾驶研究和报告将在未来几年激增。每个人都有不同的标准来判断什么是最好的。最终，投资者可能不得不亲自测试自动驾驶系统。这样，他们就不会成为没有明确规定的评级标准的受害者。</blockquote></p><p> Tesla stock is about flat so far in 2021. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Averageare up 19% and 15%, respectively.</p><p><blockquote>2021 年迄今为止，特斯拉股价基本持平。标普500和道琼斯工业平均指数分别上涨 19% 和 15%。</blockquote></p><p></p>","source":"lsy1601382232898","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>Tesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</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\">\nTesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-24 18:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.</p><p><blockquote>评估汽车公司关于自动驾驶汽车的说法变得越来越困难，而不是越来越容易。</blockquote></p><p> Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.</p><p><blockquote>制造商正在竞相制造最好的自动驾驶汽车，但对于没有高级工程学位的人来说，判断谁拥有最好的系统几乎是不可能的。自动驾驶功能太新，系统变化太快。</blockquote></p><p> The job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.</p><p><blockquote>投资者现在的任务是准确了解谁在谈论汽车制造商的自动驾驶系统。目前了解牛熊争论就足够了。弄清楚谁处于领先地位以及这对汽车制造商的股票意味着什么可以稍后进行。</blockquote></p><p> The highly anticipated&nbsp;Tesla(ticker: TSLA)&nbsp;A.I. Day&nbsp;was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.</p><p><blockquote>备受期待的特斯拉（股票代码：TSLA）人工智能。戴本应阐明自动驾驶的话题。相反，它打开了一个潘多拉的盒子，里面有需要解答的问题。</blockquote></p><p> What investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.</p><p><blockquote>投资者真正想知道的是，司机什么时候才能在高速公路上安全发短信和驾驶，而不用担心收到交通罚单。答案并没有出现。相反，投资者被要求消化计算机设计的自动驾驶模拟、机器学习和基于云的人工智能培训技术的重要性。这个细节很神秘。</blockquote></p><p> Tesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst&nbsp;Pierre Ferragu&nbsp;wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.</p><p><blockquote>然而，特斯拉公牛队在比赛中被特斯拉的人工智能能力及其自动驾驶功能的改进所震撼。New Street Research 分析师 Pierre Ferragu 周一撰文称，特斯拉在 “现实世界 ”人工智能领域的竞争中领先 10 年。他认为，特斯拉的自动驾驶订阅销售在 10 年内每辆车可产生约 23,000 美元的毛利润。这远远高于特斯拉销售一辆汽车所获得的大约 7,000 美元的毛利润。</blockquote></p><p> He rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.</p><p><blockquote>他将特斯拉股票评级为买入，并将股价目标定为 900 美元。周一股价收于 706.30 美元，上涨 3.8%。</blockquote></p><p> Tesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.</p><p><blockquote>另一方面，特斯拉的看空者则坚信，特斯拉关于自动驾驶汽车的说法被夸大了，其他公司在开发自动驾驶技术方面做得更好。</blockquote></p><p> The bears’ belief is partly rooted in two reports from the research firm&nbsp;Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.</p><p><blockquote>空头的信念部分源于研究公司 Guidehouse 的两份报告，该公司发布自动驾驶 “排行榜 ”。在2020年和2021年的报告中，特斯拉的死亡人数排名最后。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b2c9c6aae99c5231a325bf541cf4dca\" tg-width=\"553\" tg-height=\"915\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.</p><p><blockquote>这可能会让人觉得奇怪，因为特斯拉首席执行官埃隆-马斯克（Elon Musk）经常谈论特斯拉的自动驾驶产品有多先进。但 Guidehouse 的排名部分基于视觉系统和合作伙伴关系，而特斯拉在这两个领域的得分并不高。该公司不使用基于激光的雷达，而其他自动驾驶汽车制造商则使用。它也不建立合作伙伴关系，一切都在内部完成。</blockquote></p><p> It is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.</p><p><blockquote>有可能多头和空头都是对的，并且正在互相谈论。例如，Waymo 在 Guidehouse 排名中处于领先地位。它已经在亚利桑那州部署了全自动机器人出租车。这是一个相当大的壮举。</blockquote></p><p> Tesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.</p><p><blockquote>特斯拉的系统还不足以成为机器人出租车。它们符合 2 级自动驾驶资格，这意味着司机必须始终参与其中。但支持 Waymo robotaxi 的系统每辆车的成本可能高达 10 万美元。这对于消费汽车来说太贵了。</blockquote></p><p> In October 2020,<i>Consumer Reports</i>&nbsp;ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to&nbsp;General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.</p><p><blockquote>2020年10月，<i>消费者报告</i>对消费者可用的自动驾驶系统进行了排名。总体而言，特斯拉的自动驾驶系统仅次于通用汽车（GM）。特斯拉在功能和易用性方面得分最高，但在保持驾驶员参与度方面排名较差。</blockquote></p><p> One reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.</p><p><blockquote>得分低的一个原因可能是特斯拉的自动驾驶系统不是 “免提 ”解决方案。驾驶员需要将手放在或触摸方向盘上，以保持系统运行。有一些 “免提 ”系统利用车内摄像头确保驾驶员的眼睛始终注视着道路。</blockquote></p><p> Camera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.</p><p><blockquote>摄像头监控可能比触觉方向盘反馈更好。对于汽车公司和监管机构来说，这是一场争论。</blockquote></p><p> Practically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.</p><p><blockquote>实际上，解放双手和需要双手并不是竞争差异化的基础。当今提供的所有系统，无论是否免提，都要求驾驶员100%的时间参与。</blockquote></p><p> Autonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.</p><p><blockquote>自动驾驶研究和报告将在未来几年激增。每个人都有不同的标准来判断什么是最好的。最终，投资者可能不得不亲自测试自动驾驶系统。这样，他们就不会成为没有明确规定的评级标准的受害者。</blockquote></p><p> Tesla stock is about flat so far in 2021. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Averageare up 19% and 15%, respectively.</p><p><blockquote>2021 年迄今为止，特斯拉股价基本持平。标普500和道琼斯工业平均指数分别上涨 19% 和 15%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LATEST\">Barrons</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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104587650","content_text":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.\nManufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.\nThe job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.\nThe highly anticipated Tesla(ticker: TSLA) A.I. Day was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.\nWhat investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.\nTesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst Pierre Ferragu wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.\nHe rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.\nTesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.\nThe bears’ belief is partly rooted in two reports from the research firm Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.\n\nThat might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.\nIt is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.\nTesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.\nIn October 2020,Consumer Reports ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.\nOne reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.\nCamera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.\nPractically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.\nAutonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.\nTesla stock is about flat so far in 2021. The S&P 500 and Dow Jones Industrial Averageare up 19% and 15%, respectively.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898589027,"gmtCreate":1628510381269,"gmtModify":1631890572916,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Stop oil and gas. Support renewables","listText":"Stop oil and gas. Support renewables","text":"Stop oil and gas. Support renewables","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898589027","repostId":"2158958417","repostType":4,"isVote":1,"tweetType":1,"viewCount":979,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893889996,"gmtCreate":1628254767315,"gmtModify":1631890572931,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564622915347576","authorIdStr":"3564622915347576"},"themes":[],"title":"","htmlText":"nonsensz","listText":"nonsensz","text":"nonsensz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/893889996","repostId":"2157752461","repostType":4,"isVote":1,"tweetType":1,"viewCount":943,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":834658369,"gmtCreate":1629800289351,"gmtModify":1631890572906,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564622915347576","idStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Buy the dip!","listText":"Buy the dip!","text":"Buy the dip!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/834658369","repostId":"1104587650","repostType":2,"repost":{"id":"1104587650","kind":"news","pubTimestamp":1629799518,"share":"https://www.laohunote.com/m/news/1104587650?lang=zh_CN&edition=full","pubTime":"2021-08-24 18:05","market":"us","language":"en","title":"Tesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1104587650","media":"Barrons","summary":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.\nManu","content":"<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.</p><p><blockquote>评估汽车公司关于自动驾驶汽车的说法变得越来越困难，而不是越来越容易。</blockquote></p><p> Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.</p><p><blockquote>制造商正在竞相制造最好的自动驾驶汽车，但对于没有高级工程学位的人来说，判断谁拥有最好的系统几乎是不可能的。自动驾驶功能太新，系统变化太快。</blockquote></p><p> The job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.</p><p><blockquote>投资者现在的任务是准确了解谁在谈论汽车制造商的自动驾驶系统。目前了解牛熊争论就足够了。弄清楚谁处于领先地位以及这对汽车制造商的股票意味着什么可以稍后进行。</blockquote></p><p> The highly anticipated&nbsp;Tesla(ticker: TSLA)&nbsp;A.I. Day&nbsp;was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.</p><p><blockquote>备受期待的特斯拉（股票代码：TSLA）人工智能。戴本应阐明自动驾驶的话题。相反，它打开了一个潘多拉的盒子，里面有需要解答的问题。</blockquote></p><p> What investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.</p><p><blockquote>投资者真正想知道的是，司机什么时候才能在高速公路上安全发短信和驾驶，而不用担心收到交通罚单。答案并没有出现。相反，投资者被要求消化计算机设计的自动驾驶模拟、机器学习和基于云的人工智能培训技术的重要性。这个细节很神秘。</blockquote></p><p> Tesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst&nbsp;Pierre Ferragu&nbsp;wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.</p><p><blockquote>然而，特斯拉公牛队在比赛中被特斯拉的人工智能能力及其自动驾驶功能的改进所震撼。New Street Research 分析师 Pierre Ferragu 周一撰文称，特斯拉在 “现实世界 ”人工智能领域的竞争中领先 10 年。他认为，特斯拉的自动驾驶订阅销售在 10 年内每辆车可产生约 23,000 美元的毛利润。这远远高于特斯拉销售一辆汽车所获得的大约 7,000 美元的毛利润。</blockquote></p><p> He rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.</p><p><blockquote>他将特斯拉股票评级为买入，并将股价目标定为 900 美元。周一股价收于 706.30 美元，上涨 3.8%。</blockquote></p><p> Tesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.</p><p><blockquote>另一方面，特斯拉的看空者则坚信，特斯拉关于自动驾驶汽车的说法被夸大了，其他公司在开发自动驾驶技术方面做得更好。</blockquote></p><p> The bears’ belief is partly rooted in two reports from the research firm&nbsp;Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.</p><p><blockquote>空头的信念部分源于研究公司 Guidehouse 的两份报告，该公司发布自动驾驶 “排行榜 ”。在2020年和2021年的报告中，特斯拉的死亡人数排名最后。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b2c9c6aae99c5231a325bf541cf4dca\" tg-width=\"553\" tg-height=\"915\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.</p><p><blockquote>这可能会让人觉得奇怪，因为特斯拉首席执行官埃隆-马斯克（Elon Musk）经常谈论特斯拉的自动驾驶产品有多先进。但 Guidehouse 的排名部分基于视觉系统和合作伙伴关系，而特斯拉在这两个领域的得分并不高。该公司不使用基于激光的雷达，而其他自动驾驶汽车制造商则使用。它也不建立合作伙伴关系，一切都在内部完成。</blockquote></p><p> It is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.</p><p><blockquote>有可能多头和空头都是对的，并且正在互相谈论。例如，Waymo 在 Guidehouse 排名中处于领先地位。它已经在亚利桑那州部署了全自动机器人出租车。这是一个相当大的壮举。</blockquote></p><p> Tesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.</p><p><blockquote>特斯拉的系统还不足以成为机器人出租车。它们符合 2 级自动驾驶资格，这意味着司机必须始终参与其中。但支持 Waymo robotaxi 的系统每辆车的成本可能高达 10 万美元。这对于消费汽车来说太贵了。</blockquote></p><p> In October 2020,<i>Consumer Reports</i>&nbsp;ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to&nbsp;General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.</p><p><blockquote>2020年10月，<i>消费者报告</i>对消费者可用的自动驾驶系统进行了排名。总体而言，特斯拉的自动驾驶系统仅次于通用汽车（GM）。特斯拉在功能和易用性方面得分最高，但在保持驾驶员参与度方面排名较差。</blockquote></p><p> One reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.</p><p><blockquote>得分低的一个原因可能是特斯拉的自动驾驶系统不是 “免提 ”解决方案。驾驶员需要将手放在或触摸方向盘上，以保持系统运行。有一些 “免提 ”系统利用车内摄像头确保驾驶员的眼睛始终注视着道路。</blockquote></p><p> Camera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.</p><p><blockquote>摄像头监控可能比触觉方向盘反馈更好。对于汽车公司和监管机构来说，这是一场争论。</blockquote></p><p> Practically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.</p><p><blockquote>实际上，解放双手和需要双手并不是竞争差异化的基础。当今提供的所有系统，无论是否免提，都要求驾驶员100%的时间参与。</blockquote></p><p> Autonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.</p><p><blockquote>自动驾驶研究和报告将在未来几年激增。每个人都有不同的标准来判断什么是最好的。最终，投资者可能不得不亲自测试自动驾驶系统。这样，他们就不会成为没有明确规定的评级标准的受害者。</blockquote></p><p> Tesla stock is about flat so far in 2021. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Averageare up 19% and 15%, respectively.</p><p><blockquote>2021 年迄今为止，特斯拉股价基本持平。标普500和道琼斯工业平均指数分别上涨 19% 和 15%。</blockquote></p><p></p>","source":"lsy1601382232898","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>Tesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</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\">\nTesla’s AI Day Made Self- Driving Technology Harder to Grasp. What Investors Need to Know.<blockquote>特斯拉的人工智能日让自动驾驶技术变得更加难以掌握。投资者需要了解的内容。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-24 18:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.</p><p><blockquote>评估汽车公司关于自动驾驶汽车的说法变得越来越困难，而不是越来越容易。</blockquote></p><p> Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.</p><p><blockquote>制造商正在竞相制造最好的自动驾驶汽车，但对于没有高级工程学位的人来说，判断谁拥有最好的系统几乎是不可能的。自动驾驶功能太新，系统变化太快。</blockquote></p><p> The job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.</p><p><blockquote>投资者现在的任务是准确了解谁在谈论汽车制造商的自动驾驶系统。目前了解牛熊争论就足够了。弄清楚谁处于领先地位以及这对汽车制造商的股票意味着什么可以稍后进行。</blockquote></p><p> The highly anticipated&nbsp;Tesla(ticker: TSLA)&nbsp;A.I. Day&nbsp;was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.</p><p><blockquote>备受期待的特斯拉（股票代码：TSLA）人工智能。戴本应阐明自动驾驶的话题。相反，它打开了一个潘多拉的盒子，里面有需要解答的问题。</blockquote></p><p> What investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.</p><p><blockquote>投资者真正想知道的是，司机什么时候才能在高速公路上安全发短信和驾驶，而不用担心收到交通罚单。答案并没有出现。相反，投资者被要求消化计算机设计的自动驾驶模拟、机器学习和基于云的人工智能培训技术的重要性。这个细节很神秘。</blockquote></p><p> Tesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst&nbsp;Pierre Ferragu&nbsp;wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.</p><p><blockquote>然而，特斯拉公牛队在比赛中被特斯拉的人工智能能力及其自动驾驶功能的改进所震撼。New Street Research 分析师 Pierre Ferragu 周一撰文称，特斯拉在 “现实世界 ”人工智能领域的竞争中领先 10 年。他认为，特斯拉的自动驾驶订阅销售在 10 年内每辆车可产生约 23,000 美元的毛利润。这远远高于特斯拉销售一辆汽车所获得的大约 7,000 美元的毛利润。</blockquote></p><p> He rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.</p><p><blockquote>他将特斯拉股票评级为买入，并将股价目标定为 900 美元。周一股价收于 706.30 美元，上涨 3.8%。</blockquote></p><p> Tesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.</p><p><blockquote>另一方面，特斯拉的看空者则坚信，特斯拉关于自动驾驶汽车的说法被夸大了，其他公司在开发自动驾驶技术方面做得更好。</blockquote></p><p> The bears’ belief is partly rooted in two reports from the research firm&nbsp;Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.</p><p><blockquote>空头的信念部分源于研究公司 Guidehouse 的两份报告，该公司发布自动驾驶 “排行榜 ”。在2020年和2021年的报告中，特斯拉的死亡人数排名最后。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7b2c9c6aae99c5231a325bf541cf4dca\" tg-width=\"553\" tg-height=\"915\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> That might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.</p><p><blockquote>这可能会让人觉得奇怪，因为特斯拉首席执行官埃隆-马斯克（Elon Musk）经常谈论特斯拉的自动驾驶产品有多先进。但 Guidehouse 的排名部分基于视觉系统和合作伙伴关系，而特斯拉在这两个领域的得分并不高。该公司不使用基于激光的雷达，而其他自动驾驶汽车制造商则使用。它也不建立合作伙伴关系，一切都在内部完成。</blockquote></p><p> It is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.</p><p><blockquote>有可能多头和空头都是对的，并且正在互相谈论。例如，Waymo 在 Guidehouse 排名中处于领先地位。它已经在亚利桑那州部署了全自动机器人出租车。这是一个相当大的壮举。</blockquote></p><p> Tesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.</p><p><blockquote>特斯拉的系统还不足以成为机器人出租车。它们符合 2 级自动驾驶资格，这意味着司机必须始终参与其中。但支持 Waymo robotaxi 的系统每辆车的成本可能高达 10 万美元。这对于消费汽车来说太贵了。</blockquote></p><p> In October 2020,<i>Consumer Reports</i>&nbsp;ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to&nbsp;General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.</p><p><blockquote>2020年10月，<i>消费者报告</i>对消费者可用的自动驾驶系统进行了排名。总体而言，特斯拉的自动驾驶系统仅次于通用汽车（GM）。特斯拉在功能和易用性方面得分最高，但在保持驾驶员参与度方面排名较差。</blockquote></p><p> One reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.</p><p><blockquote>得分低的一个原因可能是特斯拉的自动驾驶系统不是 “免提 ”解决方案。驾驶员需要将手放在或触摸方向盘上，以保持系统运行。有一些 “免提 ”系统利用车内摄像头确保驾驶员的眼睛始终注视着道路。</blockquote></p><p> Camera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.</p><p><blockquote>摄像头监控可能比触觉方向盘反馈更好。对于汽车公司和监管机构来说，这是一场争论。</blockquote></p><p> Practically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.</p><p><blockquote>实际上，解放双手和需要双手并不是竞争差异化的基础。当今提供的所有系统，无论是否免提，都要求驾驶员100%的时间参与。</blockquote></p><p> Autonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.</p><p><blockquote>自动驾驶研究和报告将在未来几年激增。每个人都有不同的标准来判断什么是最好的。最终，投资者可能不得不亲自测试自动驾驶系统。这样，他们就不会成为没有明确规定的评级标准的受害者。</blockquote></p><p> Tesla stock is about flat so far in 2021. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Averageare up 19% and 15%, respectively.</p><p><blockquote>2021 年迄今为止，特斯拉股价基本持平。标普500和道琼斯工业平均指数分别上涨 19% 和 15%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LATEST\">Barrons</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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104587650","content_text":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier.\nManufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.\nThe job for investors, right now, is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.\nThe highly anticipated Tesla(ticker: TSLA) A.I. Day was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.\nWhat investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.\nTesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst Pierre Ferragu wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.\nHe rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.\nTesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.\nThe bears’ belief is partly rooted in two reports from the research firm Guidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.\n\nThat might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.\nIt is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.\nTesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.\nIn October 2020,Consumer Reports ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.\nOne reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.\nCamera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.\nPractically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.\nAutonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.\nTesla stock is about flat so far in 2021. The S&P 500 and Dow Jones Industrial Averageare up 19% and 15%, respectively.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1037,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155039564,"gmtCreate":1625362676858,"gmtModify":1631885482507,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564622915347576","idStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Time will tell☺","listText":"Time will tell☺","text":"Time will tell☺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/155039564","repostId":"1107675312","repostType":2,"repost":{"id":"1107675312","kind":"news","pubTimestamp":1625276956,"share":"https://www.laohunote.com/m/news/1107675312?lang=zh_CN&edition=full","pubTime":"2021-07-03 09:49","market":"us","language":"en","title":"Tesla Stock Gets No Help From Record Deliveries. Here’s What Wall Street Thinks.<blockquote>特斯拉股票没有从创纪录的交付中得到任何帮助。以下是华尔街的看法。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107675312","media":"Barron's","summary":"Tesla posted record deliveries for the second quarter,but investors shrugged.The latest numberswere closeto Wall Street estimates, and mark the fourth straight quarter of record deliveries for the rapidly growing EV pioneer. Still, Tesla bulls on Wall Street remained enthused.Tesla delivered 201,250 cars in the second quarter, but its stock was down about 0.3% in recent trading, after bobbing up and down Friday. TheS&P 500andDow Jones Industrial Averagewere up about 0.6% and 0.4% respectively.Ba","content":"<p>Tesla posted record deliveries for the second quarter,but investors shrugged.</p><p><blockquote>特斯拉公布了创纪录的第二季度交付量， 但投资者耸耸肩。</blockquote></p><p> The latest numberswere closeto Wall Street estimates, and mark the fourth straight quarter of record deliveries for the rapidly growing EV pioneer. Still, Tesla bulls on Wall Street remained enthused.</p><p><blockquote>最新数据接近华尔街的预期，标志着这家快速增长的电动汽车先驱连续第四个季度交付量创纪录。尽管如此，华尔街的特斯拉看涨者仍然热情高涨。</blockquote></p><p> Tesla&nbsp;delivered 201,250 cars in the&nbsp;second quarter, but its stock was down about 0.3% in recent trading, after bobbing up and down Friday. TheS&amp;P 500andDow Jones Industrial Averagewere up about 0.6% and 0.4% respectively.</p><p><blockquote>特斯拉第二季度交付了 201,250 辆汽车，但其股价在周五上下波动后，在最近的交易中下跌了约 0.3%。标准普尔500指数和道琼斯工业平均指数分别上涨约0.6%和0.4%。</blockquote></p><p> RBC analystJoseph Spakwrote deliveries were a little better than the Wall Street consensus, adding “encouragingly, production outpaced deliveries.” That shows Spak that Tesla (ticker: TSLA) is successfully managing the through semiconductor supply constraints.</p><p><blockquote>加拿大皇家银行分析师约瑟夫-斯帕克（Joseph Spak）写道，交付量略高于华尔街的共识，并补充说 “令人鼓舞的是，产量超过了交付量”。这表明特斯拉（股票代码：TSLA）正在成功管理半导体供应限制。</blockquote></p><p> A globalsemiconductor shortagehas affected the entire auto industry. Benchmark analystMike Ward, for instance, believes it reduced North American auto production by about 1 million light vehicles in the first half of 2021.</p><p><blockquote>全球半导体短缺影响了整个汽车行业。例如，基准分析师迈克·沃德 (Mike Ward) 认为，2021 年上半年北美汽车产量将减少约 100 万辆轻型汽车产量。</blockquote></p><p> Spak rates Tesla shares Hold and has a $725 price target for shares. Ward covers auto stocks, but doesn’t cover Tesla.</p><p><blockquote>Spak 持有特斯拉股票，目标股价为 725 美元。沃德报道汽车股，但不报道特斯拉。</blockquote></p><p> Baird analystBen Kallowrote Tesla’s results showed “operational prowess,” as the company managed to navigate the chip shortage and produce another quarterly delivery record. “We are increasingly confident in our [second half] delivery assumptions,” he writes. “We estimate that underlying demand for Tesla products remains strong with S/X, Cybertruck, and semi deliveries remaining tailwinds.”</p><p><blockquote>Baird 分析师 Ben Kallow 写道，特斯拉的业绩显示了 “运营实力”，该公司成功应对了芯片短缺问题，并创造了又一个季度交付记录。“他写道：”我们对[下半年]的交付假设越来越有信心。“我们估计，特斯拉产品的潜在需求依然强劲，S/X、Cybertruck 和 semi 的交付仍是推动力。”</blockquote></p><p> He estimates Tesla will deliver about 868,000 vehicles in 2021, above the Wall Street consensus at about 855,000 to 865,000 vehicles.</p><p><blockquote>他估计特斯拉将在 2021 年交付约 868,000 辆汽车，高于华尔街共识的约 855,000 至 865,000 辆汽车。</blockquote></p><p> Wedbush analystDan Ivesis even more optimistic and believes Tesla will deliver closer to 900,000 vehicles in 2021. He called the quarterly figure “impressive.”</p><p><blockquote>Wedbush 分析师 Dan Ives 更加乐观，认为特斯拉将在 2021 年交付近 90 万辆汽车。他称季度数据 “令人印象深刻”。</blockquote></p><p> New Street ResearchPierre Ferragualso expects Tesla deliveries to accelerate in the second half of 2021. He points out that Tesla produced about 204,000 Model 3 and Y vehicles in the second quarter, indicating that production in Shanghai is ramping higher.</p><p><blockquote>New Street ResearchPierre Ferragual 还预计特斯拉交付将在 2021 年下半年加速。他指出，特斯拉第二季度生产了约20.4万辆Model 3和Y汽车，表明上海地区的产量正在上升。</blockquote></p><p> Ferragu, Ives, and Kallo are all Tesla bulls, rating shares Buy. Ferragu’s target price for the stock is $900, while Ives’s target price is $1,000. Kallo’s is the lowest of the three at $736.</p><p><blockquote>Ferragu、Ives 和 Kallo 都是特斯拉的看涨者，给予股票买入评级。Ferragu 对该股的目标价为 900 美元，而 Ives 的目标价为 1000 美元。Kallo's 是三家中最低的，为 736 美元。</blockquote></p><p> GLJ analystGordon Johnsonis a Tesla bear. He rates shares Sell and has a Street low price target of $67, and was unimpressed by deliveries. He said Tesla critics will focus on the fact Tesla made more cars than it delivered in the quarter, unlike the first quarter quarterof 2021and the fourth quarterof 2020. Deliveries and production, of course, should closely match over time.</p><p><blockquote>GLJ 分析师戈登·约翰逊和特斯拉·贝尔。他将股票评级为卖出，并将街头最低目标价定为 67 美元，并且对交付情况不以为然。他表示，特斯拉批评者将关注这样一个事实，即特斯拉本季度生产的汽车多于交付的汽车，这与 2021 年第一季度和 2020 年第四季度不同。当然，随着时间的推移，交付和生产应该紧密匹配。</blockquote></p><p> Next up for analysts, after digesting deliveries, will be earnings, due out in late July. Wall Street expects about 95 cents in per-share earnings. Tesla reported 93 cents in per-share earnings for the first quarter of 2021.</p><p><blockquote>分析师在消化交付数据后，接下来将是将于 7 月下旬发布的财报。华尔街预计每股收益约为 95 美分。特斯拉公布 2021 年第一季度每股收益为 93 美分。</blockquote></p><p> Tesla’s last record quarterly operating profit came in the third quarter of 2020 when it reported a profit of $809 million. For the second quarter of 2021, analysts are looking for about $961 million–another record.</p><p><blockquote>特斯拉上一次创纪录的季度营业利润是在 2020 年第三季度，当时该公司公布的利润为 8.09 亿美元。对于 2021 年第二季度，分析师预计将获得约 9.61 亿美元的收入，再创历史新高。</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>Tesla Stock Gets No Help From Record Deliveries. Here’s What Wall Street Thinks.<blockquote>特斯拉股票没有从创纪录的交付中得到任何帮助。以下是华尔街的看法。</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\">\nTesla Stock Gets No Help From Record Deliveries. Here’s What Wall Street Thinks.<blockquote>特斯拉股票没有从创纪录的交付中得到任何帮助。以下是华尔街的看法。</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\">2021-07-03 09:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla posted record deliveries for the second quarter,but investors shrugged.</p><p><blockquote>特斯拉公布了创纪录的第二季度交付量， 但投资者耸耸肩。</blockquote></p><p> The latest numberswere closeto Wall Street estimates, and mark the fourth straight quarter of record deliveries for the rapidly growing EV pioneer. Still, Tesla bulls on Wall Street remained enthused.</p><p><blockquote>最新数据接近华尔街的预期，标志着这家快速增长的电动汽车先驱连续第四个季度交付量创纪录。尽管如此，华尔街的特斯拉看涨者仍然热情高涨。</blockquote></p><p> Tesla&nbsp;delivered 201,250 cars in the&nbsp;second quarter, but its stock was down about 0.3% in recent trading, after bobbing up and down Friday. TheS&amp;P 500andDow Jones Industrial Averagewere up about 0.6% and 0.4% respectively.</p><p><blockquote>特斯拉第二季度交付了 201,250 辆汽车，但其股价在周五上下波动后，在最近的交易中下跌了约 0.3%。标准普尔500指数和道琼斯工业平均指数分别上涨约0.6%和0.4%。</blockquote></p><p> RBC analystJoseph Spakwrote deliveries were a little better than the Wall Street consensus, adding “encouragingly, production outpaced deliveries.” That shows Spak that Tesla (ticker: TSLA) is successfully managing the through semiconductor supply constraints.</p><p><blockquote>加拿大皇家银行分析师约瑟夫-斯帕克（Joseph Spak）写道，交付量略高于华尔街的共识，并补充说 “令人鼓舞的是，产量超过了交付量”。这表明特斯拉（股票代码：TSLA）正在成功管理半导体供应限制。</blockquote></p><p> A globalsemiconductor shortagehas affected the entire auto industry. Benchmark analystMike Ward, for instance, believes it reduced North American auto production by about 1 million light vehicles in the first half of 2021.</p><p><blockquote>全球半导体短缺影响了整个汽车行业。例如，基准分析师迈克·沃德 (Mike Ward) 认为，2021 年上半年北美汽车产量将减少约 100 万辆轻型汽车产量。</blockquote></p><p> Spak rates Tesla shares Hold and has a $725 price target for shares. Ward covers auto stocks, but doesn’t cover Tesla.</p><p><blockquote>Spak 持有特斯拉股票，目标股价为 725 美元。沃德报道汽车股，但不报道特斯拉。</blockquote></p><p> Baird analystBen Kallowrote Tesla’s results showed “operational prowess,” as the company managed to navigate the chip shortage and produce another quarterly delivery record. “We are increasingly confident in our [second half] delivery assumptions,” he writes. “We estimate that underlying demand for Tesla products remains strong with S/X, Cybertruck, and semi deliveries remaining tailwinds.”</p><p><blockquote>Baird 分析师 Ben Kallow 写道，特斯拉的业绩显示了 “运营实力”，该公司成功应对了芯片短缺问题，并创造了又一个季度交付记录。“他写道：”我们对[下半年]的交付假设越来越有信心。“我们估计，特斯拉产品的潜在需求依然强劲，S/X、Cybertruck 和 semi 的交付仍是推动力。”</blockquote></p><p> He estimates Tesla will deliver about 868,000 vehicles in 2021, above the Wall Street consensus at about 855,000 to 865,000 vehicles.</p><p><blockquote>他估计特斯拉将在 2021 年交付约 868,000 辆汽车，高于华尔街共识的约 855,000 至 865,000 辆汽车。</blockquote></p><p> Wedbush analystDan Ivesis even more optimistic and believes Tesla will deliver closer to 900,000 vehicles in 2021. He called the quarterly figure “impressive.”</p><p><blockquote>Wedbush 分析师 Dan Ives 更加乐观，认为特斯拉将在 2021 年交付近 90 万辆汽车。他称季度数据 “令人印象深刻”。</blockquote></p><p> New Street ResearchPierre Ferragualso expects Tesla deliveries to accelerate in the second half of 2021. He points out that Tesla produced about 204,000 Model 3 and Y vehicles in the second quarter, indicating that production in Shanghai is ramping higher.</p><p><blockquote>New Street ResearchPierre Ferragual 还预计特斯拉交付将在 2021 年下半年加速。他指出，特斯拉第二季度生产了约20.4万辆Model 3和Y汽车，表明上海地区的产量正在上升。</blockquote></p><p> Ferragu, Ives, and Kallo are all Tesla bulls, rating shares Buy. Ferragu’s target price for the stock is $900, while Ives’s target price is $1,000. Kallo’s is the lowest of the three at $736.</p><p><blockquote>Ferragu、Ives 和 Kallo 都是特斯拉的看涨者，给予股票买入评级。Ferragu 对该股的目标价为 900 美元，而 Ives 的目标价为 1000 美元。Kallo's 是三家中最低的，为 736 美元。</blockquote></p><p> GLJ analystGordon Johnsonis a Tesla bear. He rates shares Sell and has a Street low price target of $67, and was unimpressed by deliveries. He said Tesla critics will focus on the fact Tesla made more cars than it delivered in the quarter, unlike the first quarter quarterof 2021and the fourth quarterof 2020. Deliveries and production, of course, should closely match over time.</p><p><blockquote>GLJ 分析师戈登·约翰逊和特斯拉·贝尔。他将股票评级为卖出，并将街头最低目标价定为 67 美元，并且对交付情况不以为然。他表示，特斯拉批评者将关注这样一个事实，即特斯拉本季度生产的汽车多于交付的汽车，这与 2021 年第一季度和 2020 年第四季度不同。当然，随着时间的推移，交付和生产应该紧密匹配。</blockquote></p><p> Next up for analysts, after digesting deliveries, will be earnings, due out in late July. Wall Street expects about 95 cents in per-share earnings. Tesla reported 93 cents in per-share earnings for the first quarter of 2021.</p><p><blockquote>分析师在消化交付数据后，接下来将是将于 7 月下旬发布的财报。华尔街预计每股收益约为 95 美分。特斯拉公布 2021 年第一季度每股收益为 93 美分。</blockquote></p><p> Tesla’s last record quarterly operating profit came in the third quarter of 2020 when it reported a profit of $809 million. For the second quarter of 2021, analysts are looking for about $961 million–another record.</p><p><blockquote>特斯拉上一次创纪录的季度营业利润是在 2020 年第三季度，当时该公司公布的利润为 8.09 亿美元。对于 2021 年第二季度，分析师预计将获得约 9.61 亿美元的收入，再创历史新高。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-ev-deliveries-51625253495?siteid=yhoof2\">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":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-ev-deliveries-51625253495?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107675312","content_text":"Tesla posted record deliveries for the second quarter,but investors shrugged.\nThe latest numberswere closeto Wall Street estimates, and mark the fourth straight quarter of record deliveries for the rapidly growing EV pioneer. Still, Tesla bulls on Wall Street remained enthused.\nTesla delivered 201,250 cars in the second quarter, but its stock was down about 0.3% in recent trading, after bobbing up and down Friday. TheS&P 500andDow Jones Industrial Averagewere up about 0.6% and 0.4% respectively.\nRBC analystJoseph Spakwrote deliveries were a little better than the Wall Street consensus, adding “encouragingly, production outpaced deliveries.” That shows Spak that Tesla (ticker: TSLA) is successfully managing the through semiconductor supply constraints.\nA globalsemiconductor shortagehas affected the entire auto industry. Benchmark analystMike Ward, for instance, believes it reduced North American auto production by about 1 million light vehicles in the first half of 2021.\nSpak rates Tesla shares Hold and has a $725 price target for shares. Ward covers auto stocks, but doesn’t cover Tesla.\nBaird analystBen Kallowrote Tesla’s results showed “operational prowess,” as the company managed to navigate the chip shortage and produce another quarterly delivery record. “We are increasingly confident in our [second half] delivery assumptions,” he writes. “We estimate that underlying demand for Tesla products remains strong with S/X, Cybertruck, and semi deliveries remaining tailwinds.”\nHe estimates Tesla will deliver about 868,000 vehicles in 2021, above the Wall Street consensus at about 855,000 to 865,000 vehicles.\nWedbush analystDan Ivesis even more optimistic and believes Tesla will deliver closer to 900,000 vehicles in 2021. He called the quarterly figure “impressive.”\nNew Street ResearchPierre Ferragualso expects Tesla deliveries to accelerate in the second half of 2021. He points out that Tesla produced about 204,000 Model 3 and Y vehicles in the second quarter, indicating that production in Shanghai is ramping higher.\nFerragu, Ives, and Kallo are all Tesla bulls, rating shares Buy. Ferragu’s target price for the stock is $900, while Ives’s target price is $1,000. Kallo’s is the lowest of the three at $736.\nGLJ analystGordon Johnsonis a Tesla bear. He rates shares Sell and has a Street low price target of $67, and was unimpressed by deliveries. He said Tesla critics will focus on the fact Tesla made more cars than it delivered in the quarter, unlike the first quarter quarterof 2021and the fourth quarterof 2020. Deliveries and production, of course, should closely match over time.\nNext up for analysts, after digesting deliveries, will be earnings, due out in late July. Wall Street expects about 95 cents in per-share earnings. Tesla reported 93 cents in per-share earnings for the first quarter of 2021.\nTesla’s last record quarterly operating profit came in the third quarter of 2020 when it reported a profit of $809 million. For the second quarter of 2021, analysts are looking for about $961 million–another record.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805488034,"gmtCreate":1627898996228,"gmtModify":1631883986188,"author":{"id":"3564622915347576","authorId":"3564622915347576","name":"meowx3","avatar":"https://static.tigerbbs.com/ed62fdc20a8546ffe194561acd28b33f","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3564622915347576","idStr":"3564622915347576"},"themes":[],"title":"","htmlText":"Just keep rolling","listText":"Just keep rolling","text":"Just keep rolling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/805488034","repostId":"1131923658","repostType":2,"repost":{"id":"1131923658","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627898076,"share":"https://www.laohunote.com/m/news/1131923658?lang=zh_CN&edition=full","pubTime":"2021-08-02 17:54","market":"us","language":"en","title":"Can Tesla's stock price return to the upward channel?<blockquote>特斯拉股价能否重回上升通道？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131923658","media":"Tiger Newspress","summary":"Tesla released Q2 earnings and revenues last week that beat analysts' expectations.\n\"In the second q","content":"<p>Tesla released Q2 earnings and revenues last week that beat analysts' expectations.</p><p><blockquote>特斯拉上周发布的第二季度收益和收入超出了分析师的预期。</blockquote></p><p> \"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"</p><p><blockquote>特斯拉在公司第二季度更新中表示：“2021 年第二季度，我们打破了新的、引人注目的记录。”“我们生产和交付了超过 200,000 辆汽车，实现了 11% 的营业利润率，并有史以来首次超过 [10 亿美元] GAAP 净利润。”</blockquote></p><p> Here's a closer look at the quarter, captured by five must-see takeaways from the report.</p><p><blockquote>以下是对该季度的近距离观察，由报告中的五个必看要点捕捉到。</blockquote></p><p> <b>1. Revenue hit $12 billion</b></p><p><blockquote><b>1.收入达到120亿美元</b></blockquote></p><p> Helped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.</p><p><blockquote>得益于汽车交付量同比增长 121%，特斯拉的收入同比飙升 98%，达到约 120 亿美元。这打破了分析师对 113 亿美元收入的平均预测。</blockquote></p><p> <b>2. Profits skyrocketed</b></p><p><blockquote><b>2、利润暴涨</b></blockquote></p><p> Of course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.</p><p><blockquote>当然，有了这样的收入，看到利润飙升也就不足为奇了。净利润从去年同期的 1.04 亿美元增至 11.4 亿美元。非 GAAP（调整后）净利润同比增长 258%，达到 16 亿美元。这意味着非 GAAP 每股收益为 1.45 美元，远远高于分析师普遍预期的 0.98 美元。</blockquote></p><p> The outsized growth in Tesla's profits demonstrates the scalability of the company's business model.</p><p><blockquote>特斯拉利润的大幅增长证明了该公司商业模式的可扩展性。</blockquote></p><p> <b>3. Free cash flow remains healthy</b></p><p><blockquote><b>3.自由现金流保持健康</b></blockquote></p><p> Tesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.</p><p><blockquote>特斯拉再次产生了正的自由现金流，即运营现金流减去资本支出。期内自由现金流从去年同期的 4.18 亿美元增加到 6.19 亿美元。</blockquote></p><p> Total cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.</p><p><blockquote>手头现金总额从 2021 年第一季度的 171 亿美元下降至 162 亿美元，但这主要是由于 16 亿美元的净债务和融资租赁还款。</blockquote></p><p> <b>4. Vehicle demand is robust</b></p><p><blockquote><b>4.车辆需求强劲</b></blockquote></p><p> Tesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.</p><p><blockquote>特斯拉再次表示，对其汽车的需求达到了创纪录的水平。事实上，需求如此强劲，以至于该公司面临供应限制。“全球需求仍然强劲，我们的生产受到可用零部件供应的限制，”特斯拉解释道。</blockquote></p><p> <b>5. There's more sharp growth to come</b></p><p><blockquote><b>5. 未来将有更强劲的增长</b></blockquote></p><p> Importantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.</p><p><blockquote>重要的是，特斯拉仍然对其增长轨迹持乐观态度。该公司表示，预计今年总交付量将同比增长 50% 以上。这意味着2021年的总交付量将超过75万辆。到目前为止，特斯拉今年已交付超过 386,000 辆汽车。</blockquote></p><p> \"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.</p><p><blockquote>特斯拉指出：“增长率将取决于我们的设备产能、运营效率以及供应链的能力和稳定性。”</blockquote></p><p> <h4>Four Challenges to Tesla’s Growth</h4> However,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.</p><p><blockquote><h4>特斯拉增长面临的四大挑战</h4>然而，投资者担心有几个因素可能会很快减缓特斯拉狂热的股价增长。</blockquote></p><p> <b>High Valuation</b></p><p><blockquote><b>高估值</b></blockquote></p><p> Wall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.</p><p><blockquote>华尔街是一个高效的市场，贴现上市公司的好消息和坏消息。因此，股价在好消息出现前上涨，在坏消息出现前抛售。有时，市场先生——用本杰明·格雷厄姆的话来说——过于乐观，导致上市公司的股价远高于其基本面或内在价值。其他时候，先生。市场过于悲观，导致上市公司股价远低于其内在价值。</blockquote></p><p> Tesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.</p><p><blockquote>从许多标准来看，特斯拉的股票都被高估了。例如，TipRanks 估计特斯拉过去 12 个月的股本回报率为 12.41%，而估计特斯拉的内在价值为 160.11 美元，远低于其当前价格水平。</blockquote></p><p> <b>Competition from Colonizers</b></p><p><blockquote><b>来自殖民者的竞争</b></blockquote></p><p> Once, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.</p><p><blockquote>曾几何时，特斯拉几乎没有竞争，因为它开创的电动汽车（EV）市场几乎没有来自传统汽车制造商的竞争。然而，情况已不再如此，因为通用汽车、福特、大众和丰田正在入侵电动市场。</blockquote></p><p> These \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.</p><p><blockquote>这些电动汽车市场的“殖民者”拥有制造经验、专业知识和分销网络来扩大电动汽车生产规模并跨越将电动汽车推向大众的“临界点”。与此同时，新竞争对手进入电动汽车市场可能会引发价格竞争，从而侵蚀特斯拉的收入增长和利润率。这是华尔街在季度财务报表中密切关注的内容。</blockquote></p><p> <b>Bitcoin Exposure</b></p><p><blockquote><b>比特币暴露</b></blockquote></p><p> Tesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.</p><p><blockquote>特斯拉首席执行官埃隆·马斯克对比特币情有独钟。这就是为什么他一直将公司的部分现金投资于数字货币。截至3月底，基于第一季度比特币的激增，特斯拉15亿美元的投资价值24.8亿美元。然而，鉴于比特币的波动性，这也有其风险。</blockquote></p><p> Adding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.</p><p><blockquote>加剧比特币波动性的是将数字货币视为无限期无形资产的会计规则。因此，倘其公平值于评估报告期内下跌至低于账面值，则会出现减值亏损。在出售资产之前，公司不能就任何后续公允价值增加收回减值亏损。随着数字货币价格暴跌，特斯拉报告第二季度与比特币相关的减值为 2300 万美元。</blockquote></p><p> <b>Rising Material Costs</b></p><p><blockquote><b>材料成本上升</b></blockquote></p><p></p><p> Together with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.</p><p><blockquote>由于COVID-19大流行期间供应链中断，特斯拉与传统汽车制造商一起面临严重的材料短缺，预计这将减缓其狂热增长的步伐。</blockquote></p><p> \"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.</p><p><blockquote>“虽然我们正在全速制造汽车，但全球芯片短缺情况仍然相当严重，”马斯克告诉投资者。“在今年剩余时间里，我们的增长率将取决于我们供应链中最慢的部分，”他补充说，有多种芯片将成为增长的刹车。</blockquote></p><p> <h4>Mixed reviews from Wall Street</h4> Needham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.</p><p><blockquote><h4>华尔街褒贬不一</h4>Needham 分析师 Rajvindra Gill 说，特斯拉股票的定价已经非常完美，这可以解释该股周二的疲软。</blockquote></p><p> “Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.</p><p><blockquote>“吉尔写道：”即使最近的业绩更加积极，我们也很难证明特斯拉'定价到完美'的估值是合理的。</blockquote></p><p> Morgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.</p><p><blockquote>摩根士丹利分析师 Adam Jonas 表示，本季度可能不会改变多头或空头的说法，特斯拉仍然不是一只价值股，企业市盈率为 70 倍。</blockquote></p><p> “Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.</p><p><blockquote>“乔纳斯写道：”特斯拉不仅是世界上发展最快的汽车公司之一，也是最赚钱的公司之一。</blockquote></p><p> Wells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.</p><p><blockquote>富国银行分析师科林·兰根表示，汽车毛利率令人印象深刻，但可能不会持久。</blockquote></p><p> “We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.</p><p><blockquote>“Langran 写道：”我们认为，由于原料垫成本上升以及随着价格较低的 Model Y SR 在中国上市，混合动力稀释，第三季度/第四季度的汽车利润率将会放缓。</blockquote></p><p> John Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"</p><p><blockquote>B. of A. Securities 的约翰·墨菲 (John Murphy) 语气更加谨慎。尽管节奏很快，“竞争还是很激烈的，”他说。“（特斯拉的）运营环境正在从真空转向日益拥挤的空间。”</blockquote></p><p> The quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. He kept B. of A.'s neutral rating on the stock.</p><p><blockquote>季度业绩“在很大程度上得益于积极的定价动态和良好的执行力”，墨菲将该股的目标价从 750 美元上调至 800 美元，比周二的价格上涨了约 26%。他维持了该股的中性评级。</blockquote></p><p></p>","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>Can Tesla's stock price return to the upward channel?<blockquote>特斯拉股价能否重回上升通道？</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\">\nCan Tesla's stock price return to the upward channel?<blockquote>特斯拉股价能否重回上升通道？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 17:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla released Q2 earnings and revenues last week that beat analysts' expectations.</p><p><blockquote>特斯拉上周发布的第二季度收益和收入超出了分析师的预期。</blockquote></p><p> \"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"</p><p><blockquote>特斯拉在公司第二季度更新中表示：“2021 年第二季度，我们打破了新的、引人注目的记录。”“我们生产和交付了超过 200,000 辆汽车，实现了 11% 的营业利润率，并有史以来首次超过 [10 亿美元] GAAP 净利润。”</blockquote></p><p> Here's a closer look at the quarter, captured by five must-see takeaways from the report.</p><p><blockquote>以下是对该季度的近距离观察，由报告中的五个必看要点捕捉到。</blockquote></p><p> <b>1. Revenue hit $12 billion</b></p><p><blockquote><b>1.收入达到120亿美元</b></blockquote></p><p> Helped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.</p><p><blockquote>得益于汽车交付量同比增长 121%，特斯拉的收入同比飙升 98%，达到约 120 亿美元。这打破了分析师对 113 亿美元收入的平均预测。</blockquote></p><p> <b>2. Profits skyrocketed</b></p><p><blockquote><b>2、利润暴涨</b></blockquote></p><p> Of course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.</p><p><blockquote>当然，有了这样的收入，看到利润飙升也就不足为奇了。净利润从去年同期的 1.04 亿美元增至 11.4 亿美元。非 GAAP（调整后）净利润同比增长 258%，达到 16 亿美元。这意味着非 GAAP 每股收益为 1.45 美元，远远高于分析师普遍预期的 0.98 美元。</blockquote></p><p> The outsized growth in Tesla's profits demonstrates the scalability of the company's business model.</p><p><blockquote>特斯拉利润的大幅增长证明了该公司商业模式的可扩展性。</blockquote></p><p> <b>3. Free cash flow remains healthy</b></p><p><blockquote><b>3.自由现金流保持健康</b></blockquote></p><p> Tesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.</p><p><blockquote>特斯拉再次产生了正的自由现金流，即运营现金流减去资本支出。期内自由现金流从去年同期的 4.18 亿美元增加到 6.19 亿美元。</blockquote></p><p> Total cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.</p><p><blockquote>手头现金总额从 2021 年第一季度的 171 亿美元下降至 162 亿美元，但这主要是由于 16 亿美元的净债务和融资租赁还款。</blockquote></p><p> <b>4. Vehicle demand is robust</b></p><p><blockquote><b>4.车辆需求强劲</b></blockquote></p><p> Tesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.</p><p><blockquote>特斯拉再次表示，对其汽车的需求达到了创纪录的水平。事实上，需求如此强劲，以至于该公司面临供应限制。“全球需求仍然强劲，我们的生产受到可用零部件供应的限制，”特斯拉解释道。</blockquote></p><p> <b>5. There's more sharp growth to come</b></p><p><blockquote><b>5. 未来将有更强劲的增长</b></blockquote></p><p> Importantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.</p><p><blockquote>重要的是，特斯拉仍然对其增长轨迹持乐观态度。该公司表示，预计今年总交付量将同比增长 50% 以上。这意味着2021年的总交付量将超过75万辆。到目前为止，特斯拉今年已交付超过 386,000 辆汽车。</blockquote></p><p> \"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.</p><p><blockquote>特斯拉指出：“增长率将取决于我们的设备产能、运营效率以及供应链的能力和稳定性。”</blockquote></p><p> <h4>Four Challenges to Tesla’s Growth</h4> However,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.</p><p><blockquote><h4>特斯拉增长面临的四大挑战</h4>然而，投资者担心有几个因素可能会很快减缓特斯拉狂热的股价增长。</blockquote></p><p> <b>High Valuation</b></p><p><blockquote><b>高估值</b></blockquote></p><p> Wall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.</p><p><blockquote>华尔街是一个高效的市场，贴现上市公司的好消息和坏消息。因此，股价在好消息出现前上涨，在坏消息出现前抛售。有时，市场先生——用本杰明·格雷厄姆的话来说——过于乐观，导致上市公司的股价远高于其基本面或内在价值。其他时候，先生。市场过于悲观，导致上市公司股价远低于其内在价值。</blockquote></p><p> Tesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.</p><p><blockquote>从许多标准来看，特斯拉的股票都被高估了。例如，TipRanks 估计特斯拉过去 12 个月的股本回报率为 12.41%，而估计特斯拉的内在价值为 160.11 美元，远低于其当前价格水平。</blockquote></p><p> <b>Competition from Colonizers</b></p><p><blockquote><b>来自殖民者的竞争</b></blockquote></p><p> Once, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.</p><p><blockquote>曾几何时，特斯拉几乎没有竞争，因为它开创的电动汽车（EV）市场几乎没有来自传统汽车制造商的竞争。然而，情况已不再如此，因为通用汽车、福特、大众和丰田正在入侵电动市场。</blockquote></p><p> These \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.</p><p><blockquote>这些电动汽车市场的“殖民者”拥有制造经验、专业知识和分销网络来扩大电动汽车生产规模并跨越将电动汽车推向大众的“临界点”。与此同时，新竞争对手进入电动汽车市场可能会引发价格竞争，从而侵蚀特斯拉的收入增长和利润率。这是华尔街在季度财务报表中密切关注的内容。</blockquote></p><p> <b>Bitcoin Exposure</b></p><p><blockquote><b>比特币暴露</b></blockquote></p><p> Tesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.</p><p><blockquote>特斯拉首席执行官埃隆·马斯克对比特币情有独钟。这就是为什么他一直将公司的部分现金投资于数字货币。截至3月底，基于第一季度比特币的激增，特斯拉15亿美元的投资价值24.8亿美元。然而，鉴于比特币的波动性，这也有其风险。</blockquote></p><p> Adding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.</p><p><blockquote>加剧比特币波动性的是将数字货币视为无限期无形资产的会计规则。因此，倘其公平值于评估报告期内下跌至低于账面值，则会出现减值亏损。在出售资产之前，公司不能就任何后续公允价值增加收回减值亏损。随着数字货币价格暴跌，特斯拉报告第二季度与比特币相关的减值为 2300 万美元。</blockquote></p><p> <b>Rising Material Costs</b></p><p><blockquote><b>材料成本上升</b></blockquote></p><p></p><p> Together with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.</p><p><blockquote>由于COVID-19大流行期间供应链中断，特斯拉与传统汽车制造商一起面临严重的材料短缺，预计这将减缓其狂热增长的步伐。</blockquote></p><p> \"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.</p><p><blockquote>“虽然我们正在全速制造汽车，但全球芯片短缺情况仍然相当严重，”马斯克告诉投资者。“在今年剩余时间里，我们的增长率将取决于我们供应链中最慢的部分，”他补充说，有多种芯片将成为增长的刹车。</blockquote></p><p> <h4>Mixed reviews from Wall Street</h4> Needham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.</p><p><blockquote><h4>华尔街褒贬不一</h4>Needham 分析师 Rajvindra Gill 说，特斯拉股票的定价已经非常完美，这可以解释该股周二的疲软。</blockquote></p><p> “Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.</p><p><blockquote>“吉尔写道：”即使最近的业绩更加积极，我们也很难证明特斯拉'定价到完美'的估值是合理的。</blockquote></p><p> Morgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.</p><p><blockquote>摩根士丹利分析师 Adam Jonas 表示，本季度可能不会改变多头或空头的说法，特斯拉仍然不是一只价值股，企业市盈率为 70 倍。</blockquote></p><p> “Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.</p><p><blockquote>“乔纳斯写道：”特斯拉不仅是世界上发展最快的汽车公司之一，也是最赚钱的公司之一。</blockquote></p><p> Wells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.</p><p><blockquote>富国银行分析师科林·兰根表示，汽车毛利率令人印象深刻，但可能不会持久。</blockquote></p><p> “We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.</p><p><blockquote>“Langran 写道：”我们认为，由于原料垫成本上升以及随着价格较低的 Model Y SR 在中国上市，混合动力稀释，第三季度/第四季度的汽车利润率将会放缓。</blockquote></p><p> John Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"</p><p><blockquote>B. of A. Securities 的约翰·墨菲 (John Murphy) 语气更加谨慎。尽管节奏很快，“竞争还是很激烈的，”他说。“（特斯拉的）运营环境正在从真空转向日益拥挤的空间。”</blockquote></p><p> The quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. He kept B. of A.'s neutral rating on the stock.</p><p><blockquote>季度业绩“在很大程度上得益于积极的定价动态和良好的执行力”，墨菲将该股的目标价从 750 美元上调至 800 美元，比周二的价格上涨了约 26%。他维持了该股的中性评级。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131923658","content_text":"Tesla released Q2 earnings and revenues last week that beat analysts' expectations.\n\"In the second quarter of 2021, we broke new and notable records,\" said Tesla in the company's second-quarter update. \"We produced and delivered over 200,000 vehicles, achieved an operating margin of 11% and exceeded [$1 billion] of GAAP net income for the first time in our history.\"\nHere's a closer look at the quarter, captured by five must-see takeaways from the report.\n1. Revenue hit $12 billion\nHelped by a 121% year-over-year increase in vehicle deliveries, Tesla's revenue surged 98% year over year to approximately $12 billion. This crushed analysts' average forecast for revenue of $11.3 billion.\n2. Profits skyrocketed\nOf course, with revenue like this, it wasn't surprising to see profits soar. Net income increased from $104 million in the year-ago period to $1.14 billion. Non-GAAP (adjusted) net income increased 258% year over year to $1.6 billion. This translated to non-GAAP earnings per share of $1.45 -- far ahead of a consensus analyst estimate of $0.98.\nThe outsized growth in Tesla's profits demonstrates the scalability of the company's business model.\n3. Free cash flow remains healthy\nTesla once again generated positive free cash flow, or cash flow from operations less capital expenditures. Free cash flow for the period increased from $418 million in the year-ago period to $619 million.\nTotal cash on hand fell from $17.1 billion in the first quarter of 2021 to $16.2 billion but this was primarily due to $1.6 billion in net debt and finance lease repayments.\n4. Vehicle demand is robust\nTesla once again said demand for its vehicles achieved record levels. Indeed, demand is so robust that the company is supply constrained. \"Global demand continues to be robust, and we are producing at the limits of available parts supply,\" Tesla explained.\n5. There's more sharp growth to come\nImportantly, Tesla remains optimistic about its growth trajectory. The company says it continues to expect to grow its total deliveries more than 50% year over year this year. This implies 2021 total deliveries of more than 750,000. So far, Tesla has delivered more than 386,000 vehicles this year.\n\"The rate of growth will depend on our equipment capacity, operational efficiency, and the capacity and stability of the supply chain,\" Tesla noted.\nFour Challenges to Tesla’s Growth\nHowever,investors are concerned with several factors that may slow Tesla's feverish share price growth soon.\nHigh Valuation\nWall Street is an efficient market, discounting good news and bad news on listed companies. As a result, shares are run-up ahead of good news and sold-off ahead of bad news. Sometimes, Mr. Market—to use Benjamin Graham's terminology—is too optimistic, sending the shares of listed companies well above their fundamental or intrinsic value. Other times, Mr. Market is too pessimistic, sending shares of listed companies well below their intrinsic value.\nTesla's shares are overvalued by many standards. TipRanks, for instance, estimates Tesla's 12-month-trailing return on equity to be a modest 12.41%, while estimates put Tesla's intrinsic value at $160.11, well below its current price level.\nCompetition from Colonizers\nOnce, Tesla had little competition, as the electric vehicle (EV) market it pioneered had little competition from traditional automakers. However, that's no longer the case, as General Motors, Ford, Volkswagen, and Toyota are invading the electric market.\nThese \"colonizers\" of the EV market have the manufacturing experience, expertise, and distribution networks to scale up EV production and cross the \"tipping point\" of bringing EVs to the masses. Meanwhile, the entry of new competitors into the EV market could unleash price competition that will erode Tesla's revenue growth and profit margins. That's something Wall Street is watching closely in quarterly financial statements.\nBitcoin Exposure\nTesla's CEO Elon Musk has an affinity for bitcoin. That's why he has been investing some of the company's cash in digital currency. As of the end of March, Tesla's $1.5 billion investment was worth $2.48 billion, based on the surge in bitcoin in the first quarter. However, that has its risks, too, given bitcoin's volatility.\nAdding to bitcoin's volatility are accounting rules that treat the digital currency as an indefinite-lived intangible asset. Thus, it is subject to impairment losses if its fair value decreases below the carrying value during the assessed reporting period. Companies cannot recover impairment losses for any subsequent increase in fair value until the asset's sale. Tesla reported bitcoin-related impairments of $23 million in Q2 as the price of digital currency dived.\nRising Material Costs\nTogether with traditional automobile makers, Tesla faces a severe material shortage due to supply chain disruptions during the COVID-19 pandemic, which is expected to slow down the pace of its feverish growth.\n\"While we're making cars at full speed, the global chip shortage situation remains quite serious,\" Musk told investors. \"For the rest of this year, our growth rates will be determined by the slowest part in our supply chain,\" adding that there are a wide range of chips that will serve as that brake on growth.\nMixed reviews from Wall Street\nNeedham analyst Rajvindra Gill said Tesla shares are already priced to perfection, which could explain the stock’s weakness on Tuesday.\n“Tesla's ‘priced to perfection’ valuation is hard for us to justify, even with more positive recent Results,” Gill wrote.\nMorgan Stanley analyst Adam Jonas said the quarter likely didn’t change the narrative for bulls or bears, and Tesla is still not a value stock priced at an enterprise multiple of 70x.\n“Tesla is not only among the fastest growing auto companies in the world, it is also one of the most profitable,” Jonas wrote.\nWells Fargo analyst Colin Langan said auto gross margins were impressive, but they may not last.\n“We see auto margins moderating in Q3/Q4 due to rising raw mat costs and mix dilution as the lower priced Model Y SR launches in China,” Langran wrote.\nJohn Murphy with B. of A. Securities struck a more cautious tone. Despite the beat, \"competition is fierce and heating up,\" he said. \"(Tesla's) operating environment is shifting from that of a vacuum to an increasingly crowded space.\"\nThe quarterly beat was \"very much helped by positive pricing dynamics and good execution,\" and Murphy raised his price target on the stock to $800 from $750, which represents an upside around 26% from Tuesday's prices. 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