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大作手杰克
00:06
汽车这块基本上也就这样了,未来可能还会进一步被压缩。主要是竞争太大卷的太狠,营收很难上去,除非未来在xai以及人形机器人上面寻求增长点,但是这两块卷得更狠,很难从几个大厂里面杀出重围,再加上马斯克被特朗普针对,日子特斯拉总体的日子肯定不好过。个人认为,特斯拉的估值极有可能会继续萎缩。
图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍
大作手杰克
08-01 23:44
放眼全球,我的梦想ETF:微软+英伟达+脸书+** 微软(软件之王+AI与云计算) 英伟达(AI芯片之王,4万亿霸主) 脸书(社交之王+扎克伯格梭哈) **(基站之王+鸿蒙+**,全能小可爱制衡美卡脖子技术的中坚力量)。
大作手杰克
07-23
当韭菜吗?疯狂暴雨就要来了,做好被狠薅的准备
大作手杰克
07-23
美股真是太牛逼了,换在a股,特斯拉能值五千亿美元?美国和华尔街全都在往巨头上豪赌
财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点
大作手杰克
05-01
台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,
关税政策成推手?台积电在美第三工厂开建
大作手杰克
04-26
$特斯拉(TSLA)$
股价大概率还要砍半
大作手杰克
04-09
坚定几年了也没见涨,还叫股民如何坚持?口号天天喊,听的都麻痹了,结果股市还是那个股市,三千点还是那个三千点
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15:45","market":"us","language":"zh","title":"图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍","url":"https://stock-news.laohu8.com/highlight/detail?id=2556860181","media":"格隆汇","summary":"格隆汇8月1日|据统计,截至2025年7月24日,特斯拉的往绩市盈率高达189,约为英伟达的2.4倍,苹果的4.7倍,通用汽车的22.6倍。虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑的公司,同期英伟达、Meta分别录得86%和22%的增长。另一方面,特斯拉多头、Wedbush分析师Dan Ives认为,特斯拉是“最被低估的人工智能公司”,给出500美元的目标价。","content":"<html><body><article><p>格隆汇8月1日|据统计,截至2025年7月24日,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>的往绩市盈率高达189,约为<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>的2.4倍,<a href=\"https://laohu8.com/S/AAPL\">苹果</a>的4.7倍,<a href=\"https://laohu8.com/S/GM\">通用汽车</a>的22.6倍。此外,路透将其股价定为145倍远期市盈率,这一水平通常只适用于早期的软件公司,而不是年产量180万辆的汽车制造商。 虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑(同比-3%)的公司,同期英伟达、Meta分别录得86%和22%的增长。 另一方面,特斯拉多头、Wedbush分析师Dan Ives认为,特斯拉是“最被低估的人工智能公司”,给出500美元的目标价。他认为,Dojo超级计算机、Robotaxi车队以及Optimus人形机器人可能会随着时间的推移,释放出价值1万亿美元的收入流。</p></article></body></html>","source":"tencent","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>图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍</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{ 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}\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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-08-01 15:45 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250801155204972c5454&s=b><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>格隆汇8月1日|据统计,截至2025年7月24日,特斯拉的往绩市盈率高达189,约为英伟达的2.4倍,苹果的4.7倍,通用汽车的22.6倍。此外,路透将其股价定为145倍远期市盈率,这一水平通常只适用于早期的软件公司,而不是年产量180万辆的汽车制造商。 虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑(同比-3%)的公司,同期英伟达、Meta分别录得...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250801155204972c5454&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0006306889.USD":"SCHRODER ISF US LARGE CAP 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**(基站之王+鸿蒙+**,全能小可爱制衡美卡脖子技术的中坚力量)。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/463081327525960","isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":459457988694248,"gmtCreate":1753209604883,"gmtModify":1753209606805,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"当韭菜吗?疯狂暴雨就要来了,做好被狠薅的准备","listText":"当韭菜吗?疯狂暴雨就要来了,做好被狠薅的准备","text":"当韭菜吗?疯狂暴雨就要来了,做好被狠薅的准备","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459457988694248","isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":459442598773376,"gmtCreate":1753205863054,"gmtModify":1753223475822,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"美股真是太牛逼了,换在a股,特斯拉能值五千亿美元?美国和华尔街全都在往巨头上豪赌","listText":"美股真是太牛逼了,换在a股,特斯拉能值五千亿美元?美国和华尔街全都在往巨头上豪赌","text":"美股真是太牛逼了,换在a股,特斯拉能值五千亿美元?美国和华尔街全都在往巨头上豪赌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/459442598773376","repostId":"1102821431","repostType":2,"repost":{"id":"1102821431","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1752760813,"share":"https://www.laohu8.com/m/news/1102821431?lang=&edition=full","pubTime":"2025-07-17 22:00","market":"hk","language":"zh","title":"财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点","url":"https://stock-news.laohu8.com/highlight/detail?id=1102821431","media":"老虎资讯综合","summary":"一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。储能业务:创纪录增长引擎特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。","content":"<html><head></head><body><blockquote><p>特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。</p></blockquote><h3 id=\"id_2490935917\">市场预测</h3><p>根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。</p><p>尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。</p><h3 id=\"id_623410492\">上季度回顾</h3><p>特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。</p><p>其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。</p><h3 id=\"id_2260019823\">本季度展望</h3><h4 id=\"id_387481024\" style=\"text-align: start;\">汽车业务承压,中国市场相对稳定</h4><p style=\"text-align: start;\">特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。</p><p style=\"text-align: start;\">欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。</p><p style=\"text-align: start;\"><strong>总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。</strong></p><h4 id=\"id_2465142794\" style=\"text-align: start;\">储能业务:创纪录增长引擎</h4><p style=\"text-align: start;\">特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。</p><p style=\"text-align: start;\"><strong>储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。</strong></p><h4 id=\"id_813157263\" style=\"text-align: start;\">自动驾驶:技术突破引领未来</h4><p style=\"text-align: start;\">特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,<strong>FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。</strong></p><h4 id=\"id_4100150957\" style=\"text-align: start;\">Optimus:成本优化驱动量产</h4><p style=\"text-align: start;\">特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。<strong>但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。</strong></p><h3 id=\"id_1670351231\">分析师观点</h3><p>目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。</p><p>瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。</p><p>知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”</p></body></html>","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>财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点</title>\n<style 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}\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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-07-17 22:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。</p></blockquote><h3 id=\"id_2490935917\">市场预测</h3><p>根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。</p><p>尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。</p><h3 id=\"id_623410492\">上季度回顾</h3><p>特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。</p><p>其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。</p><h3 id=\"id_2260019823\">本季度展望</h3><h4 id=\"id_387481024\" style=\"text-align: start;\">汽车业务承压,中国市场相对稳定</h4><p style=\"text-align: start;\">特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。</p><p style=\"text-align: start;\">欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。</p><p style=\"text-align: start;\"><strong>总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。</strong></p><h4 id=\"id_2465142794\" style=\"text-align: start;\">储能业务:创纪录增长引擎</h4><p style=\"text-align: start;\">特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。</p><p style=\"text-align: start;\"><strong>储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。</strong></p><h4 id=\"id_813157263\" style=\"text-align: start;\">自动驾驶:技术突破引领未来</h4><p style=\"text-align: start;\">特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,<strong>FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。</strong></p><h4 id=\"id_4100150957\" style=\"text-align: start;\">Optimus:成本优化驱动量产</h4><p style=\"text-align: start;\">特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。<strong>但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。</strong></p><h3 id=\"id_1670351231\">分析师观点</h3><p>目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。</p><p>瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。</p><p>知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8541380317eba7ef07da7c529e879c07","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102821431","content_text":"特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。市场预测根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。上季度回顾特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。本季度展望汽车业务承压,中国市场相对稳定特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。储能业务:创纪录增长引擎特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。自动驾驶:技术突破引领未来特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。Optimus:成本优化驱动量产特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。分析师观点目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":430151539773712,"gmtCreate":1746039277952,"gmtModify":1746049753674,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","listText":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","text":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/430151539773712","repostId":"2531721544","repostType":2,"repost":{"id":"2531721544","kind":"news","pubTimestamp":1745984528,"share":"https://www.laohu8.com/m/news/2531721544?lang=&edition=full","pubTime":"2025-04-30 11:42","market":"us","language":"zh","title":"关税政策成推手?台积电在美第三工厂开建","url":"https://stock-news.laohu8.com/highlight/detail?id=2531721544","media":"智通财经","summary":"智通财经APP获悉,台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。台积电称这是美国历史上最大的一笔外国投资。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSM\">台积电</a>已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。</p><p>作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。</p><p>台积电是<a href=\"https://laohu8.com/S/AAPL\">苹果</a>(AAPL.US)和<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>(NVDA.US)的主要芯片供应商,也是美国政府吸引制造业回流本土努力的核心力量。据报道,卢特尼克曾暗示,在推动那些申请联邦半导体补贴的公司大幅扩大其美国项目时,他可能会扣留承诺发放的《芯片与科学法案》相关拨款。</p><p>今年3月,台积电首席执行官魏哲家在白宫与特朗普会面,并公布了额外投资1000亿美元用于美国工厂建设的计划,这将提升台积电在美国本土的芯片产量。这笔投资叠加台积电此前计划在美国投入的650亿美元,最终将使其在美国拥有六座用于先进晶圆制造的工厂,以及另外几座用于先进封装的工厂。</p><p>卢特尼克在周二接受采访时表示,特朗普政府在未承诺任何补贴的情况下,成功促成了这额外的1000亿美元投资。他指出:“你知道特朗普政府为此付出了什么吗?一分钱都没花。是关税吸引了这笔投资。所以,会有4万名建筑工人参与建设,之后还会有2万名全职员工长期留在这里,因为我们要把半导体产业带回美国。这就是特朗普关税模式的意义所在。”</p><p>台积电首席执行官4月在电话财报会议上曾表示,亚利桑那州第二座工厂的建设已经完成,公司正致力于加快生产进度。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。</p><p>魏哲家还补充道,第三座和第四座工厂将采用台积电最先进的N2和A16制程技术,而第五座和第六座工厂将采用更为先进的技术。</p></body></html>","source":"stock_zhitongcaijing","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\" 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n关税政策成推手?台积电在美第三工厂开建\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-30 11:42 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1288214.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。台积电是苹果(AAPL.US)和英伟达(NVDA.US)的主要芯片供应商,也...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1288214.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b98f9e740cb6fb06990004c4ea7eae84","relate_stocks":{"SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS 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ACC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1288214.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2531721544","content_text":"台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。台积电是苹果(AAPL.US)和英伟达(NVDA.US)的主要芯片供应商,也是美国政府吸引制造业回流本土努力的核心力量。据报道,卢特尼克曾暗示,在推动那些申请联邦半导体补贴的公司大幅扩大其美国项目时,他可能会扣留承诺发放的《芯片与科学法案》相关拨款。今年3月,台积电首席执行官魏哲家在白宫与特朗普会面,并公布了额外投资1000亿美元用于美国工厂建设的计划,这将提升台积电在美国本土的芯片产量。这笔投资叠加台积电此前计划在美国投入的650亿美元,最终将使其在美国拥有六座用于先进晶圆制造的工厂,以及另外几座用于先进封装的工厂。卢特尼克在周二接受采访时表示,特朗普政府在未承诺任何补贴的情况下,成功促成了这额外的1000亿美元投资。他指出:“你知道特朗普政府为此付出了什么吗?一分钱都没花。是关税吸引了这笔投资。所以,会有4万名建筑工人参与建设,之后还会有2万名全职员工长期留在这里,因为我们要把半导体产业带回美国。这就是特朗普关税模式的意义所在。”台积电首席执行官4月在电话财报会议上曾表示,亚利桑那州第二座工厂的建设已经完成,公司正致力于加快生产进度。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。魏哲家还补充道,第三座和第四座工厂将采用台积电最先进的N2和A16制程技术,而第五座和第六座工厂将采用更为先进的技术。","news_type":1,"symbols_score_info":{"TSM":1}},"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":428304006041616,"gmtCreate":1745597148068,"gmtModify":1745598496199,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"<a 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22:00","market":"hk","language":"zh","title":"财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点","url":"https://stock-news.laohu8.com/highlight/detail?id=1102821431","media":"老虎资讯综合","summary":"一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。储能业务:创纪录增长引擎特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。","content":"<html><head></head><body><blockquote><p>特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。</p></blockquote><h3 id=\"id_2490935917\">市场预测</h3><p>根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。</p><p>尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。</p><h3 id=\"id_623410492\">上季度回顾</h3><p>特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。</p><p>其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。</p><h3 id=\"id_2260019823\">本季度展望</h3><h4 id=\"id_387481024\" style=\"text-align: start;\">汽车业务承压,中国市场相对稳定</h4><p style=\"text-align: start;\">特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。</p><p style=\"text-align: start;\">欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。</p><p style=\"text-align: start;\"><strong>总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。</strong></p><h4 id=\"id_2465142794\" style=\"text-align: start;\">储能业务:创纪录增长引擎</h4><p style=\"text-align: start;\">特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。</p><p style=\"text-align: start;\"><strong>储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。</strong></p><h4 id=\"id_813157263\" style=\"text-align: start;\">自动驾驶:技术突破引领未来</h4><p style=\"text-align: start;\">特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,<strong>FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。</strong></p><h4 id=\"id_4100150957\" style=\"text-align: start;\">Optimus:成本优化驱动量产</h4><p style=\"text-align: start;\">特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。<strong>但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。</strong></p><h3 id=\"id_1670351231\">分析师观点</h3><p>目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。</p><p>瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。</p><p>知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”</p></body></html>","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>财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点</title>\n<style 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margin: 0;line-height: 11px;}\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\">\n财报前瞻丨特斯拉汽车承压下滑,储能创纪录增长成亮点\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-07-17 22:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。</p></blockquote><h3 id=\"id_2490935917\">市场预测</h3><p>根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。</p><p>尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。</p><h3 id=\"id_623410492\">上季度回顾</h3><p>特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。</p><p>其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。</p><h3 id=\"id_2260019823\">本季度展望</h3><h4 id=\"id_387481024\" style=\"text-align: start;\">汽车业务承压,中国市场相对稳定</h4><p style=\"text-align: start;\">特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。</p><p style=\"text-align: start;\">欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。</p><p style=\"text-align: start;\"><strong>总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。</strong></p><h4 id=\"id_2465142794\" style=\"text-align: start;\">储能业务:创纪录增长引擎</h4><p style=\"text-align: start;\">特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。</p><p style=\"text-align: start;\"><strong>储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。</strong></p><h4 id=\"id_813157263\" style=\"text-align: start;\">自动驾驶:技术突破引领未来</h4><p style=\"text-align: start;\">特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,<strong>FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。</strong></p><h4 id=\"id_4100150957\" style=\"text-align: start;\">Optimus:成本优化驱动量产</h4><p style=\"text-align: start;\">特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。<strong>但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。</strong></p><h3 id=\"id_1670351231\">分析师观点</h3><p>目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。</p><p>瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。</p><p>知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8541380317eba7ef07da7c529e879c07","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102821431","content_text":"特斯拉将在7月23日(美股盘后)发布25财年第二季度财报,市场普遍预期营收和盈利将面临挑战,但公司在能源存储新兴业务领域展现出增长潜力,分析师观点整体偏向谨慎。市场预测根据彭博预期,特斯拉二季度营收预计为228.3亿美元,同比减少10.46%;调整后净利润预计为15.33亿美元,同比减少15.38%;每股收益预计为0.43美元,同比减少17.46%。特斯拉公布的2025年第二季度汽车交付量为38.41万辆,比去年第二季度减少约6万辆,同比下降13.48%。FactSet数据显示,华尔街分析师此前预计交付量约为38.7万辆。尽管汽车销售这一主营业务面临挑战,但特斯拉的能源存储业务表现亮眼,预计Q2营收将达30.14亿美元,同比增长100%,占总营收比例升至11.8%,或为二季度营收带来惊喜。上季度回顾特斯拉一季度财报显示,总营收为193.35亿美元,同比下降9%;毛利率为16.3%,净利润为4.09亿美元,同比下降65%;调整后每股收益为0.27美元,同比下降40%。一季度特斯拉汽车交付量同比下降13%,为33.67万辆。第一季度,特斯拉将其汽车销量下滑的部分原因归咎于客户推迟了订单,以便购买3月份开始发货的Model Y焕新版。其能源存储业务表现突出,部署了10.4 GWh的储能产品,创下单季度历史新高,营收同比增长67%至26.38亿美元。本季度展望汽车业务承压,中国市场相对稳定特斯拉的汽车业务在二季度继续面临严峻考验,虽然汽车销售业务持续受阻,但交付量下滑幅度小于预期,这主要得益于中国市场表现相对稳定。特斯拉在中国市场Q2交付约12.9万辆,环比增长10.98%,但同比仍下滑5.4%。中国市场市占率从2020年的15%峰值降至7.6%,面临来自比亚迪、小米等中国车企的激烈竞争。欧洲市场销量则大幅下滑,德国销量暴跌36%,法国销量下降41%,市场份额跌至1.2%,主要受马斯克政治立场引发的品牌声誉受损影响。总体而言,在全球市场挑战严峻且竞争激烈的情况下,中国市场的环比增长对缓冲整体交付下滑起到了关键作用。储能业务:创纪录增长引擎特斯拉储能业务表现极为亮眼,Q2部署了9.6 GWh的储能产品,创下单季度历史新高,营收同比增长100%至30.14亿美元。上海储能超级工厂已于2025年2月投产,规划年产能40 GWh,叠加美国工厂产能,特斯拉储能总产能达80 GWh,占2025年全球储能新增装机量的36%。储能业务毛利率达25-30%,远高于汽车业务的12.7%,成为特斯拉利润结构的重要支撑点。储能业务的爆发式增长和产能扩张,巩固了其作为特斯拉核心利润来源的地位,或将成为本季度最重要的利润增长点。自动驾驶:技术突破引领未来特斯拉自动驾驶技术进展值得关注,FSD v12.5参数提升5倍,Q2用户付费率维持在27%左右。特斯拉目前已通过数据合规检测,FSD中国版预计将于2025年底或2026年全面开放订阅。而Robotaxi也已在美国多州开启试运行,FSD技术的持续优化和中国市场即将开放订阅,凸显了特斯拉在自动驾驶领域的领先优势,其商业化潜力巨大。Optimus:成本优化驱动量产特斯拉人形机器人Optimus项目备受关注,但进展不及预期。原定于2025年上半年生产5000台的计划未能实现,实际交付数量仅为约1000台,技术问题如关节电机过热和续航时间不足等仍需解决。特斯拉正在积极寻求新的供应商并调整硬件设计,以期在未来实现更稳定的量产。Optimus成本已从20万美元降至10万美元,但与小米CyberOne(1.6万美元)相比仍有差距,特斯拉计划2026年将Optimus成本进一步降至2万美元。但若特斯拉能如期实现Optimus项目的快速成本降低和量产规划,并与xAI协同(由xAI提供顶尖AI大脑),或将实现特斯拉市值的二次飞跃。分析师观点目前金融机构和分析师对特斯拉2025财年第二季度财报的观点主要偏向看空。瑞银重申对特斯拉的“卖出”评级,并将目标价维持在215美元,其分析师认为公司基本面承压,非核心业务占用资金,特斯拉的股价“从根本上”被高估。知名投资人“木头姐”凯茜·伍德继续坚定看多特斯拉,自2014年以来,特斯拉一直是方舟旗下多家基金的重仓股。伍德指出,马斯克最近决定亲自接管特斯拉美国和欧洲的销售业务工作,这表明在公司面临关键转折点的时刻,他正重新将精力集中于公司运营。她还说:“马斯克最近宣布的一件事情是:他将亲自负责美国和欧洲的销售工作。只要他专心并亲自上阵,事情一般都能搞定。”","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":430151539773712,"gmtCreate":1746039277952,"gmtModify":1746049753674,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","listText":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","text":"台积电的好日子大概率要到头了!以川子的性格,到时候会整出纽积电、佛积电、加积电,","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/430151539773712","repostId":"2531721544","repostType":2,"repost":{"id":"2531721544","kind":"news","pubTimestamp":1745984528,"share":"https://www.laohu8.com/m/news/2531721544?lang=&edition=full","pubTime":"2025-04-30 11:42","market":"us","language":"zh","title":"关税政策成推手?台积电在美第三工厂开建","url":"https://stock-news.laohu8.com/highlight/detail?id=2531721544","media":"智通财经","summary":"智通财经APP获悉,台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。台积电称这是美国历史上最大的一笔外国投资。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSM\">台积电</a>已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。</p><p>作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。</p><p>台积电是<a href=\"https://laohu8.com/S/AAPL\">苹果</a>(AAPL.US)和<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>(NVDA.US)的主要芯片供应商,也是美国政府吸引制造业回流本土努力的核心力量。据报道,卢特尼克曾暗示,在推动那些申请联邦半导体补贴的公司大幅扩大其美国项目时,他可能会扣留承诺发放的《芯片与科学法案》相关拨款。</p><p>今年3月,台积电首席执行官魏哲家在白宫与特朗普会面,并公布了额外投资1000亿美元用于美国工厂建设的计划,这将提升台积电在美国本土的芯片产量。这笔投资叠加台积电此前计划在美国投入的650亿美元,最终将使其在美国拥有六座用于先进晶圆制造的工厂,以及另外几座用于先进封装的工厂。</p><p>卢特尼克在周二接受采访时表示,特朗普政府在未承诺任何补贴的情况下,成功促成了这额外的1000亿美元投资。他指出:“你知道特朗普政府为此付出了什么吗?一分钱都没花。是关税吸引了这笔投资。所以,会有4万名建筑工人参与建设,之后还会有2万名全职员工长期留在这里,因为我们要把半导体产业带回美国。这就是特朗普关税模式的意义所在。”</p><p>台积电首席执行官4月在电话财报会议上曾表示,亚利桑那州第二座工厂的建设已经完成,公司正致力于加快生产进度。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。</p><p>魏哲家还补充道,第三座和第四座工厂将采用台积电最先进的N2和A16制程技术,而第五座和第六座工厂将采用更为先进的技术。</p></body></html>","source":"stock_zhitongcaijing","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\" 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.h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\n关税政策成推手?台积电在美第三工厂开建\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-30 11:42 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1288214.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。台积电是苹果(AAPL.US)和英伟达(NVDA.US)的主要芯片供应商,也...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1288214.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b98f9e740cb6fb06990004c4ea7eae84","relate_stocks":{"SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS 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ACC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1288214.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2531721544","content_text":"台积电已开始在美国亚利桑那州建造第三座芯片工厂,随着特朗普政府威胁进一步加征关税以刺激美国本土制造业发展,台积电正加快其在美国的扩张步伐。作为全球最先进的芯片制造商,台积电宣布了其美国扩张计划的第三阶段,就在同一天,美国商务部长霍华德・卢特尼克视察了台积电位于亚利桑那州的工厂选址。台积电称这是美国历史上最大的一笔外国投资。台积电是苹果(AAPL.US)和英伟达(NVDA.US)的主要芯片供应商,也是美国政府吸引制造业回流本土努力的核心力量。据报道,卢特尼克曾暗示,在推动那些申请联邦半导体补贴的公司大幅扩大其美国项目时,他可能会扣留承诺发放的《芯片与科学法案》相关拨款。今年3月,台积电首席执行官魏哲家在白宫与特朗普会面,并公布了额外投资1000亿美元用于美国工厂建设的计划,这将提升台积电在美国本土的芯片产量。这笔投资叠加台积电此前计划在美国投入的650亿美元,最终将使其在美国拥有六座用于先进晶圆制造的工厂,以及另外几座用于先进封装的工厂。卢特尼克在周二接受采访时表示,特朗普政府在未承诺任何补贴的情况下,成功促成了这额外的1000亿美元投资。他指出:“你知道特朗普政府为此付出了什么吗?一分钱都没花。是关税吸引了这笔投资。所以,会有4万名建筑工人参与建设,之后还会有2万名全职员工长期留在这里,因为我们要把半导体产业带回美国。这就是特朗普关税模式的意义所在。”台积电首席执行官4月在电话财报会议上曾表示,亚利桑那州第二座工厂的建设已经完成,公司正致力于加快生产进度。此前台积电曾表示,其在亚利桑那州的第一座工厂已于去年第四季度进入大规模生产阶段,良率可与台湾地区的工厂相媲美。魏哲家还补充道,第三座和第四座工厂将采用台积电最先进的N2和A16制程技术,而第五座和第六座工厂将采用更为先进的技术。","news_type":1,"symbols_score_info":{"TSM":1}},"isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":428304006041616,"gmtCreate":1745597148068,"gmtModify":1745598496199,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"<a 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股价大概率还要砍半","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/428304006041616","isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":422355941122248,"gmtCreate":1744143679800,"gmtModify":1744144667185,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"坚定几年了也没见涨,还叫股民如何坚持?口号天天喊,听的都麻痹了,结果股市还是那个股市,三千点还是那个三千点","listText":"坚定几年了也没见涨,还叫股民如何坚持?口号天天喊,听的都麻痹了,结果股市还是那个股市,三千点还是那个三千点","text":"坚定几年了也没见涨,还叫股民如何坚持?口号天天喊,听的都麻痹了,结果股市还是那个股市,三千点还是那个三千点","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/422355941122248","isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":463088740151592,"gmtCreate":1754064400898,"gmtModify":1754064403046,"author":{"id":"3575412692442387","authorId":"3575412692442387","name":"大作手杰克","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575412692442387","authorIdStr":"3575412692442387"},"themes":[],"htmlText":"汽车这块基本上也就这样了,未来可能还会进一步被压缩。主要是竞争太大卷的太狠,营收很难上去,除非未来在xai以及人形机器人上面寻求增长点,但是这两块卷得更狠,很难从几个大厂里面杀出重围,再加上马斯克被特朗普针对,日子特斯拉总体的日子肯定不好过。个人认为,特斯拉的估值极有可能会继续萎缩。","listText":"汽车这块基本上也就这样了,未来可能还会进一步被压缩。主要是竞争太大卷的太狠,营收很难上去,除非未来在xai以及人形机器人上面寻求增长点,但是这两块卷得更狠,很难从几个大厂里面杀出重围,再加上马斯克被特朗普针对,日子特斯拉总体的日子肯定不好过。个人认为,特斯拉的估值极有可能会继续萎缩。","text":"汽车这块基本上也就这样了,未来可能还会进一步被压缩。主要是竞争太大卷的太狠,营收很难上去,除非未来在xai以及人形机器人上面寻求增长点,但是这两块卷得更狠,很难从几个大厂里面杀出重围,再加上马斯克被特朗普针对,日子特斯拉总体的日子肯定不好过。个人认为,特斯拉的估值极有可能会继续萎缩。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/463088740151592","repostId":"2556860181","repostType":2,"repost":{"id":"2556860181","kind":"news","pubTimestamp":1754034331,"share":"https://www.laohu8.com/m/news/2556860181?lang=&edition=full","pubTime":"2025-08-01 15:45","market":"us","language":"zh","title":"图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍","url":"https://stock-news.laohu8.com/highlight/detail?id=2556860181","media":"格隆汇","summary":"格隆汇8月1日|据统计,截至2025年7月24日,特斯拉的往绩市盈率高达189,约为英伟达的2.4倍,苹果的4.7倍,通用汽车的22.6倍。虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑的公司,同期英伟达、Meta分别录得86%和22%的增长。另一方面,特斯拉多头、Wedbush分析师Dan Ives认为,特斯拉是“最被低估的人工智能公司”,给出500美元的目标价。","content":"<html><body><article><p>格隆汇8月1日|据统计,截至2025年7月24日,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>的往绩市盈率高达189,约为<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>的2.4倍,<a href=\"https://laohu8.com/S/AAPL\">苹果</a>的4.7倍,<a href=\"https://laohu8.com/S/GM\">通用汽车</a>的22.6倍。此外,路透将其股价定为145倍远期市盈率,这一水平通常只适用于早期的软件公司,而不是年产量180万辆的汽车制造商。 虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑(同比-3%)的公司,同期英伟达、Meta分别录得86%和22%的增长。 另一方面,特斯拉多头、Wedbush分析师Dan Ives认为,特斯拉是“最被低估的人工智能公司”,给出500美元的目标价。他认为,Dojo超级计算机、Robotaxi车队以及Optimus人形机器人可能会随着时间的推移,释放出价值1万亿美元的收入流。</p></article></body></html>","source":"tencent","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>图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍</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{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n图解|特斯拉估值之谜:市盈率高达189,约为英伟达的2.4倍、通用汽车的22.6倍\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-08-01 15:45 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250801155204972c5454&s=b><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>格隆汇8月1日|据统计,截至2025年7月24日,特斯拉的往绩市盈率高达189,约为英伟达的2.4倍,苹果的4.7倍,通用汽车的22.6倍。此外,路透将其股价定为145倍远期市盈率,这一水平通常只适用于早期的软件公司,而不是年产量180万辆的汽车制造商。 虽然特斯拉的市盈率远超部分大型科技股及汽车业同行,但却是唯一一家在过去12个月录得收入下滑(同比-3%)的公司,同期英伟达、Meta分别录得...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250801155204972c5454&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDU":"Direxion Daily NVDA Bull 2X Shares","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0006306889.USD":"SCHRODER ISF US LARGE CAP 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