TheCSM的个人主页 - 老虎社区

TheCSM

TheCSM

暂无个人介绍

IP属地：未知

49关注

3粉丝

0主题

0勋章

2021-12-30

Not comparing to TSLA? Haha

Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</blockquote>

2021-12-23

Good news

抱歉，原内容已删除

2021-11-16

When would Elon Musk be done selling his stocs?

抱歉，原内容已删除

2021-11-16

Waiting for price to drop below 800

抱歉，原内容已删除

2021-11-16

Would Tesla drop to below 800?

Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</blockquote>

2021-09-13

They have been buying back very often?

抱歉，原内容已删除

2021-09-13

Healthy competition is good

抱歉，原内容已删除

2021-09-13

Gg

抱歉，原内容已删除

2021-08-30

...

抱歉，原内容已删除

2021-08-05

Maybe

抱歉，原内容已删除

2021-08-05

What do u plan to buy?

抱歉，原内容已删除

2021-07-15

Will DCA once price drop back to $20!

抱歉，原内容已删除

2021-06-22

Huh

抱歉，原内容已删除

2021-06-22

True...but am holding on to PLTR for long! Who's in?

抱歉，原内容已删除

2021-06-17

Ohman

Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.<blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</blockquote>

2021-06-14

Hodl

Palantir Stock In 5 Years: What To Consider<blockquote>Palantir股票5年后：需要考虑什么</blockquote>

2021-05-28

Alr at $24!

抱歉，原内容已删除

2021-05-28

Nice

抱歉，原内容已删除

2021-05-27

Support your conclusion

抱歉，原内容已删除

2021-05-25

HODL

抱歉，原内容已删除

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3576144409995554","uuid":"3576144409995554","gmtCreate":1613050747606,"gmtModify":1614390081335,"name":"TheCSM","pinyin":"thecsm","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":3,"headSize":49,"tweetSize":53,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.79%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.27","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.02.19","exceedPercentage":"60.74%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":692321224,"gmtCreate":1640855107675,"gmtModify":1640855107675,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Not comparing to TSLA? Haha","listText":"Not comparing to TSLA? Haha","text":"Not comparing to TSLA? Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692321224","repostId":"1139674064","repostType":4,"repost":{"id":"1139674064","kind":"news","pubTimestamp":1640878484,"share":"https://www.laohu8.com/m/news/1139674064?lang=zh_CN&edition=full","pubTime":"2021-12-30 23:34","market":"us","language":"en","title":"Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139674064","media":"Seeking Alpha","summary":"SummaryThe EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.Both NIO and LCID have strong brands and gre","content":"<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>The EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.</li><li>Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.</li><li>NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fe01e445aec1bb67f1b8d810f551603\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"/><span>Trygve Finkelsen/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>电动汽车市场的竞争越来越激烈。拥有强大的品牌或技术对于公司脱颖而出非常重要。</li><li>蔚来和LCID都拥有强大的品牌和出色的技术，这使得它们能够要求很高的平均售价。</li><li>蔚来似乎是这两者中风险较低的选择，而且由于从产量增长的角度来看，它走得更远，我相信它是当今更好的选择。</li></ul><p class=\"t-img-caption\"><span>Trygve Finkelsen/iStock社论来自Getty Images</span></p></blockquote></p><p><b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p>The EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we&#39;ll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we&#39;ll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.</p><p><blockquote>电动汽车领域催生了许多从长远来看似乎不太可行的公司，但除了特斯拉（TSLA）之外，也有强有力的竞争者。在本报告中，我们将对Lucid Group，Inc.(LCID)和蔚来（蔚来）进行对比，这两家最有趣的电动汽车公司结合了强大的品牌和高端技术能力。在本报告中，我们将更深入地探讨技术和产品方面，并探讨两家公司的个别风险。总体而言，我确实相信以目前的价格来看，蔚来是这两个选择中更具吸引力的。</blockquote></p><p><b>Lucid And NIO In The EV Market</b></p><p><blockquote><b>电动汽车市场的Lucid和蔚来</b></blockquote></p><p>The global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.</p><p><blockquote>全球电动汽车市场一直在快速增长，电动汽车销量可能略高于600万辆，大约是上一年的两倍。显然，电动汽车是全球汽车市场的一个巨大增长领域，尽管应该指出的是，全球销售的大多数车辆仍然由内燃机驱动。多年来，电动汽车市场份额应该会继续快速攀升，但电动汽车似乎不会很快主导内燃机汽车。</blockquote></p><p>The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.</p><p><blockquote>电动汽车领域的市场领导者是特斯拉和比亚迪（OTCPK：BYDDY），以及大众汽车（OTCPK：VWAGY），具体取决于插电式混合动力车的计算方式。蔚来和Lucid Group，Inc.目前还不是最大的公司。蔚来目前每月销售约11,000辆汽车，相当于年销量约130,000辆。然而，销量一直在快速增长，这就是为什么蔚来明年的销量很可能会超过13万辆，因为交付量应该会继续连续攀升。就交付量而言，Lucid目前的规模要小得多，因为该公司今年可能已售出数百辆汽车。明年，Lucid Group的目标是交付约20,000辆汽车，比2021年增长很多，但与蔚来和许多其他同行明年的交付量相比，这个数字仍然相对较小。</blockquote></p><p><b>LCID Vs. NIO&#39;s Past Quarterly Performance</b></p><p><blockquote><b>LCID与蔚来过去的季度表现</b></blockquote></p><p>As noted above, NIO&#39;s sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:</p><p><blockquote>如上所述，蔚来过去三个月的销售业绩远强于Lucid，但这并不奇怪，因为LCID刚刚开始向客户交付车辆。然而，从股价来看，Lucid的表现更好：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a6e7cb1b1485f32cc25ade9f387a5b\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Over the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO&#39;s case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian&#39;s (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid&#39;s stock. If analysts are correct, NIO is the much better value today:</p><p><blockquote>过去三个月，LCID上涨了近50%，而蔚来的股价同期下跌了近20%。就蔚来而言，对中国监管的宏观担忧发挥了作用，而LCID则从Rivian(RIVN)IPO的巨大成功引发的对美国电动汽车企业日益增长的热情中受益匪浅。最重要的是，交付的开始也吸引了新投资者购买Lucid的股票。如果分析师是正确的，那么蔚来今天的价值要高得多：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b1d0939d657b284e25d8447ccb211b5\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Shares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO&#39;s underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can&#39;t be said about Lucid.</p><p><blockquote>该股的交易价格不到共识价格目标的一半，这意味着明年有100%以上的上涨空间，而LCID的交易价格几乎完全符合当前的共识价格目标，这意味着明年没有上涨空间。因此，蔚来上个季度的表现不佳似乎使该公司在当前水平上表现强劲，而Lucid则不然。</blockquote></p><p><b>Lucid Vs. NIO Key Metrics</b></p><p><blockquote><b>Lucid与蔚来关键指标</b></blockquote></p><p></p><p>Let&#39;s take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO&#39;s ASP is around $70,000, and Lucid&#39;s ASP is even higher than that for now, as the company is selling the most expensive Air<i>Dream</i>version first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.</p><p><blockquote>让我们更深入地了解这两家公司的技术、品牌及其具体的主要风险。蔚来和Lucid都活跃在电动汽车行业的高端领域，销售的汽车平均售价远高于特斯拉的平均水平。蔚来的平均售价约为7万美元，Lucid的平均售价目前甚至更高，因为该公司销售的是最昂贵的Air<i>梦想</i>版本优先。特斯拉是目前电动汽车的领导者，其平均售价约为50,000美元。因此，与特斯拉相比，蔚来和特斯拉都在更豪华、更高端的细分市场运营。这些公司怎么能要求比特斯拉高得多的平均售价呢？有几个因素在起作用，包括品牌，但最重要的因素之一是他们出色的技术。</blockquote></p><p>NIO&#39;s battery-swapping technology, for example, allows its customers to fully &#34;recharge&#34; in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn&#39;t employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid&#39;s architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO&#39;s solution, as well as Lucid&#39;s solution, seem superior compared to what Tesla is offering.</p><p><blockquote>例如，蔚来的电池交换技术允许其客户在几分钟内充满“充电”，而大多数其他电动汽车需要更长的时间才能充满电。Lucid不采用电池更换，但其经过赛车测试的900V技术既可以实现巨大的续航里程，又可以实现快速充电速度——Lucid的架构允许客户在短短20分钟内充电长达300英里的电量。作为参考，特斯拉S采用约400V架构，允许客户在15分钟内充电200英里。显然，蔚来的解决方案和Lucid的解决方案似乎都优于特斯拉提供的解决方案。</blockquote></p><p>NIO&#39;s and Lucid&#39;s tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:</p><p><blockquote>蔚来和Lucid的技术在各自的电池方面看起来也很有竞争力。Lucid Air Dream的EPA续航里程为520英里，对于几乎所有用例来说都足够了。与Lucid相比，蔚来拥有更大的产品组合，但当我们看看它的高端轿车时，电池性能看起来甚至更好。蔚来ET7配备150kWh电池（也有更小的选择），续航里程可达1,000公里，相当于约620英里的续航里程。同样，与特斯拉相比，蔚来和Lucid的表现都很好——旗舰S Plaid的EPA续航里程为350英里。凭借其在为电动赛车开发和供应赛车发动机方面的经验，Lucid制造了一款特别高效的发动机：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edf92a9709beceb826f2e86b3bc25dd6\" tg-width=\"1502\" tg-height=\"829\" referrerpolicy=\"no-referrer\"/><span>Source: Lucid presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Lucid演示</span></p></blockquote></p><p>A smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.</p><p><blockquote>在其他条件相同的情况下，更小、更高效的发动机可以降低资源使用量并减轻车辆重量。反过来，这确实会带来更长的续航里程，并且在其他条件相同的情况下，还可以实现更好的操控和驾驶性能。到目前为止，Lucid还不是当今最大的电动汽车参与者，但其工程师已经开发出了一些目前所有活跃的电动汽车参与者中最引人注目的产品和解决方案。</blockquote></p><p>NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:</p><p><blockquote>蔚来非常关注最终实现自动驾驶的技术，并在当今的车辆中安装了大量传感器和巨大的计算能力。ET7使用以下传感单元来实现此目标：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b39530a306d0b27d76d36bccec0e147d\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/><span>Source: NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：蔚来</span></p></blockquote></p><p>With 33 sensors that use up to 8MP, NIO&#39;s sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO&#39;s sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO&#39;s offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO&#39;s self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn&#39;t be a very difficult task. Lucid&#39;s self-driving tech, even though it doesn&#39;t get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO&#39;s Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).</p><p><blockquote>凭借33个高达800万像素的传感器，蔚来的传感能力轻松击败了特斯拉。据首席执行官马斯克称，特斯拉Model 3已准备好实现全自动驾驶，仅使用8个摄像头，每个摄像头为120万像素。因此，ET7中蔚来的一个传感器的传感性能几乎相当于M3中所有摄像头的总和，而蔚来在其车型中使用了32个额外的传感器。显然，蔚来的产品是优越的——这显然是有代价的，因为蔚来在将最好的技术应用到其车辆中时并不吝啬。蔚来在ET7中使用的芯片的巨大处理能力也证明了这一点。ET7使用四个NVIDIA(NVDA)Orin SoC，每个SoC每秒提供略高于250万亿次运算，总计算能力超过1,000 TOPS，这在任何量产车中都是闻所未闻的。同时使用四个SoC还可以提供自动驾驶场景中关键系统所需的冗余。应该指出的是，蔚来的自动驾驶技术在软件方面还没有那么出色。至少目前，小鹏汽车（XPEV）等同行似乎采用了更强大的算法，但这是蔚来可以在未来几个季度和几年内解决的问题，并将未来的软件集成到配备顶级硬件的车辆中不应该是一项非常困难的任务。Lucid的自动驾驶技术尽管尚未得到太多认可，但看起来也一点也不差。DreamDrive套件使用32个板载传感器，几乎与蔚来的Aquila系统相当（与M3相比，传感器多4倍，据称从硬件角度来看，M3已准备好L5）。</blockquote></p><p></p><p>Strong tech alone doesn&#39;t make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles&#39; quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid&#39;s ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.</p><p><blockquote>然而，仅靠强大的技术并不能造就一辆有吸引力的汽车，因为设计、制造质量等也必须考虑在内。幸运的是，蔚来和Lucid在此基础上竞争非常好，尽管由于销量较低，Lucid的数据仍然有限——还没有太多人驾驶过Lucid Air，因此有关可靠性等的数据有限。然而，蔚来已经有一段时间每月销售数千辆汽车，并且其用户对车辆的质量非常满意。CnTechPost报道J.D。Power将蔚来评为国内质量最高的电动汽车公司，领先于特斯拉。Lucid在该国尚未活跃，但众多汽车记者和杂志的试驾普遍获得了非常积极的评价。因此，从设计、质量和技术的角度来看，蔚来和Lucid看起来都很强大，蔚来更关注电池更换和驾驶辅助等客户友好型项目，而Lucid则更关注发动机性能、电池技术等。这两种途径都有其优势，但我个人认为蔚来从其易于使用、客户友好的方法中受益更多，因为没有太多人会根据电池架构等标准购买电动汽车。尽管如此，Lucid开发高性能汽车的能力在未来竞争激烈的电动汽车行业应该会非常方便。</blockquote></p><p>With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.</p><p><blockquote>对于蔚来，市场现在担心的主要风险似乎是监管/政治。我个人不认为监管会给蔚来带来巨大风险。中国公司从未能够在内燃机汽车领域成功竞争，但随着电动汽车技术给整个全球汽车行业带来变革，中国看到了成为全球汽车强国的机会。伤害蔚来和其他中国电动汽车企业将与这些目标背道而驰，这就是为什么我认为中国更有兴趣培养自己的电动汽车企业，包括蔚来，而不是伤害他们。尽管如此，如今市场对每家中国公司都给予了折扣，蔚来也是如此——这对于那些寻求以低于平均水平的估值买入该公司的人来说可能是一件好事。</blockquote></p><p>For Lucid, regulation doesn&#39;t seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as &#34;Production Hell&#34;. The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It&#39;s not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID&#39;s high valuation could be a considerable risk - shares trade at around 30x next year&#39;s expected revenue, and there is no guarantee at all that those revenues will actually be generated.</p><p><blockquote>对于Lucid来说，监管似乎并不是一个重要的风险。相反，这里的主要风险是高估值和产量增加。正如特斯拉所表明的那样，提高汽车产量并不是一件容易的事。该公司经常不得不与延误和其他问题作斗争，有时被总结为“生产地狱”。Lucid可能也是如此，该公司将不得不在未来几个月和几个季度高速提高产量，以实现其雄心勃勃的生产目标。当然，不能确定它会遇到与其他制造商类似的问题，但由于缺乏经验，这似乎是一个值得关注的相当大的风险。最重要的是，LCID的高估值可能是一个相当大的风险——股票交易价格约为明年预期收入的30倍，而且根本不能保证这些收入会真正产生。</blockquote></p><p><b>Is Lucid Or NIO Stock The Better Buy?</b></p><p><blockquote><b>Lucid或蔚来股票更值得购买吗？</b></blockquote></p><p>Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.</p><p><blockquote>蔚来和Lucid都拥有有吸引力的产品，这些产品在越来越多进入者的电动汽车市场中似乎极具竞争力。我确实相信，在强大的技术、有吸引力的品牌和引人注目的产品质量的推动下，两家公司将在未来几年取得运营成功。然而，运营增长并不一定会导致股价增长，因为当以过高的价格买入时，估值可能会成为主要障碍。</blockquote></p><p>In NIO&#39;s case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year&#39;s expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year&#39;s sales.</p><p><blockquote>就蔚来而言，这似乎并不是一个过大的风险，因为相对于其他电动汽车公司的估值而言，其股价并不昂贵——蔚来的交易价格约为明年预期收入的4倍，与LCID、RIVN、TSLA相比有明显的折扣，等等。另一方面，Lucid的估值非常高，是明年销售额的30倍。</blockquote></p><p>I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.</p><p><blockquote>我确实相信，基于其更大的规模、更成熟的业务、更好的增产进展，以及更合理的估值，蔚来是当今这两家公司中更好的选择。对于那些有兴趣拥有这家顶级中国电动汽车公司的人来说，最近的股价下跌是一个有吸引力的切入点。</blockquote></p><p></body></html></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>Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</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\">\nLucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-30 23:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>The EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.</li><li>Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.</li><li>NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fe01e445aec1bb67f1b8d810f551603\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"/><span>Trygve Finkelsen/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>电动汽车市场的竞争越来越激烈。拥有强大的品牌或技术对于公司脱颖而出非常重要。</li><li>蔚来和LCID都拥有强大的品牌和出色的技术，这使得它们能够要求很高的平均售价。</li><li>蔚来似乎是这两者中风险较低的选择，而且由于从产量增长的角度来看，它走得更远，我相信它是当今更好的选择。</li></ul><p class=\"t-img-caption\"><span>Trygve Finkelsen/iStock社论来自Getty Images</span></p></blockquote></p><p><b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p>The EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we&#39;ll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we&#39;ll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.</p><p><blockquote>电动汽车领域催生了许多从长远来看似乎不太可行的公司，但除了特斯拉（TSLA）之外，也有强有力的竞争者。在本报告中，我们将对Lucid Group，Inc.(LCID)和蔚来（蔚来）进行对比，这两家最有趣的电动汽车公司结合了强大的品牌和高端技术能力。在本报告中，我们将更深入地探讨技术和产品方面，并探讨两家公司的个别风险。总体而言，我确实相信以目前的价格来看，蔚来是这两个选择中更具吸引力的。</blockquote></p><p><b>Lucid And NIO In The EV Market</b></p><p><blockquote><b>电动汽车市场的Lucid和蔚来</b></blockquote></p><p>The global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.</p><p><blockquote>全球电动汽车市场一直在快速增长，电动汽车销量可能略高于600万辆，大约是上一年的两倍。显然，电动汽车是全球汽车市场的一个巨大增长领域，尽管应该指出的是，全球销售的大多数车辆仍然由内燃机驱动。多年来，电动汽车市场份额应该会继续快速攀升，但电动汽车似乎不会很快主导内燃机汽车。</blockquote></p><p>The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.</p><p><blockquote>电动汽车领域的市场领导者是特斯拉和比亚迪（OTCPK：BYDDY），以及大众汽车（OTCPK：VWAGY），具体取决于插电式混合动力车的计算方式。蔚来和Lucid Group，Inc.目前还不是最大的公司。蔚来目前每月销售约11,000辆汽车，相当于年销量约130,000辆。然而，销量一直在快速增长，这就是为什么蔚来明年的销量很可能会超过13万辆，因为交付量应该会继续连续攀升。就交付量而言，Lucid目前的规模要小得多，因为该公司今年可能已售出数百辆汽车。明年，Lucid Group的目标是交付约20,000辆汽车，比2021年增长很多，但与蔚来和许多其他同行明年的交付量相比，这个数字仍然相对较小。</blockquote></p><p><b>LCID Vs. NIO&#39;s Past Quarterly Performance</b></p><p><blockquote><b>LCID与蔚来过去的季度表现</b></blockquote></p><p>As noted above, NIO&#39;s sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:</p><p><blockquote>如上所述，蔚来过去三个月的销售业绩远强于Lucid，但这并不奇怪，因为LCID刚刚开始向客户交付车辆。然而，从股价来看，Lucid的表现更好：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a6e7cb1b1485f32cc25ade9f387a5b\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Over the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO&#39;s case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian&#39;s (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid&#39;s stock. If analysts are correct, NIO is the much better value today:</p><p><blockquote>过去三个月，LCID上涨了近50%，而蔚来的股价同期下跌了近20%。就蔚来而言，对中国监管的宏观担忧发挥了作用，而LCID则从Rivian(RIVN)IPO的巨大成功引发的对美国电动汽车企业日益增长的热情中受益匪浅。最重要的是，交付的开始也吸引了新投资者购买Lucid的股票。如果分析师是正确的，那么蔚来今天的价值要高得多：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b1d0939d657b284e25d8447ccb211b5\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Shares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO&#39;s underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can&#39;t be said about Lucid.</p><p><blockquote>该股的交易价格不到共识价格目标的一半，这意味着明年有100%以上的上涨空间，而LCID的交易价格几乎完全符合当前的共识价格目标，这意味着明年没有上涨空间。因此，蔚来上个季度的表现不佳似乎使该公司在当前水平上表现强劲，而Lucid则不然。</blockquote></p><p><b>Lucid Vs. NIO Key Metrics</b></p><p><blockquote><b>Lucid与蔚来关键指标</b></blockquote></p><p></p><p>Let&#39;s take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO&#39;s ASP is around $70,000, and Lucid&#39;s ASP is even higher than that for now, as the company is selling the most expensive Air<i>Dream</i>version first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.</p><p><blockquote>让我们更深入地了解这两家公司的技术、品牌及其具体的主要风险。蔚来和Lucid都活跃在电动汽车行业的高端领域，销售的汽车平均售价远高于特斯拉的平均水平。蔚来的平均售价约为7万美元，Lucid的平均售价目前甚至更高，因为该公司销售的是最昂贵的Air<i>梦想</i>版本优先。特斯拉是目前电动汽车的领导者，其平均售价约为50,000美元。因此，与特斯拉相比，蔚来和特斯拉都在更豪华、更高端的细分市场运营。这些公司怎么能要求比特斯拉高得多的平均售价呢？有几个因素在起作用，包括品牌，但最重要的因素之一是他们出色的技术。</blockquote></p><p>NIO&#39;s battery-swapping technology, for example, allows its customers to fully &#34;recharge&#34; in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn&#39;t employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid&#39;s architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO&#39;s solution, as well as Lucid&#39;s solution, seem superior compared to what Tesla is offering.</p><p><blockquote>例如，蔚来的电池交换技术允许其客户在几分钟内充满“充电”，而大多数其他电动汽车需要更长的时间才能充满电。Lucid不采用电池更换，但其经过赛车测试的900V技术既可以实现巨大的续航里程，又可以实现快速充电速度——Lucid的架构允许客户在短短20分钟内充电长达300英里的电量。作为参考，特斯拉S采用约400V架构，允许客户在15分钟内充电200英里。显然，蔚来的解决方案和Lucid的解决方案似乎都优于特斯拉提供的解决方案。</blockquote></p><p>NIO&#39;s and Lucid&#39;s tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:</p><p><blockquote>蔚来和Lucid的技术在各自的电池方面看起来也很有竞争力。Lucid Air Dream的EPA续航里程为520英里，对于几乎所有用例来说都足够了。与Lucid相比，蔚来拥有更大的产品组合，但当我们看看它的高端轿车时，电池性能看起来甚至更好。蔚来ET7配备150kWh电池（也有更小的选择），续航里程可达1,000公里，相当于约620英里的续航里程。同样，与特斯拉相比，蔚来和Lucid的表现都很好——旗舰S Plaid的EPA续航里程为350英里。凭借其在为电动赛车开发和供应赛车发动机方面的经验，Lucid制造了一款特别高效的发动机：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edf92a9709beceb826f2e86b3bc25dd6\" tg-width=\"1502\" tg-height=\"829\" referrerpolicy=\"no-referrer\"/><span>Source: Lucid presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Lucid演示</span></p></blockquote></p><p>A smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.</p><p><blockquote>在其他条件相同的情况下，更小、更高效的发动机可以降低资源使用量并减轻车辆重量。反过来，这确实会带来更长的续航里程，并且在其他条件相同的情况下，还可以实现更好的操控和驾驶性能。到目前为止，Lucid还不是当今最大的电动汽车参与者，但其工程师已经开发出了一些目前所有活跃的电动汽车参与者中最引人注目的产品和解决方案。</blockquote></p><p>NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:</p><p><blockquote>蔚来非常关注最终实现自动驾驶的技术，并在当今的车辆中安装了大量传感器和巨大的计算能力。ET7使用以下传感单元来实现此目标：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b39530a306d0b27d76d36bccec0e147d\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/><span>Source: NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：蔚来</span></p></blockquote></p><p>With 33 sensors that use up to 8MP, NIO&#39;s sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO&#39;s sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO&#39;s offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO&#39;s self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn&#39;t be a very difficult task. Lucid&#39;s self-driving tech, even though it doesn&#39;t get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO&#39;s Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).</p><p><blockquote>凭借33个高达800万像素的传感器，蔚来的传感能力轻松击败了特斯拉。据首席执行官马斯克称，特斯拉Model 3已准备好实现全自动驾驶，仅使用8个摄像头，每个摄像头为120万像素。因此，ET7中蔚来的一个传感器的传感性能几乎相当于M3中所有摄像头的总和，而蔚来在其车型中使用了32个额外的传感器。显然，蔚来的产品是优越的——这显然是有代价的，因为蔚来在将最好的技术应用到其车辆中时并不吝啬。蔚来在ET7中使用的芯片的巨大处理能力也证明了这一点。ET7使用四个NVIDIA(NVDA)Orin SoC，每个SoC每秒提供略高于250万亿次运算，总计算能力超过1,000 TOPS，这在任何量产车中都是闻所未闻的。同时使用四个SoC还可以提供自动驾驶场景中关键系统所需的冗余。应该指出的是，蔚来的自动驾驶技术在软件方面还没有那么出色。至少目前，小鹏汽车（XPEV）等同行似乎采用了更强大的算法，但这是蔚来可以在未来几个季度和几年内解决的问题，并将未来的软件集成到配备顶级硬件的车辆中不应该是一项非常困难的任务。Lucid的自动驾驶技术尽管尚未得到太多认可，但看起来也一点也不差。DreamDrive套件使用32个板载传感器，几乎与蔚来的Aquila系统相当（与M3相比，传感器多4倍，据称从硬件角度来看，M3已准备好L5）。</blockquote></p><p></p><p>Strong tech alone doesn&#39;t make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles&#39; quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid&#39;s ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.</p><p><blockquote>然而，仅靠强大的技术并不能造就一辆有吸引力的汽车，因为设计、制造质量等也必须考虑在内。幸运的是，蔚来和Lucid在此基础上竞争非常好，尽管由于销量较低，Lucid的数据仍然有限——还没有太多人驾驶过Lucid Air，因此有关可靠性等的数据有限。然而，蔚来已经有一段时间每月销售数千辆汽车，并且其用户对车辆的质量非常满意。CnTechPost报道J.D。Power将蔚来评为国内质量最高的电动汽车公司，领先于特斯拉。Lucid在该国尚未活跃，但众多汽车记者和杂志的试驾普遍获得了非常积极的评价。因此，从设计、质量和技术的角度来看，蔚来和Lucid看起来都很强大，蔚来更关注电池更换和驾驶辅助等客户友好型项目，而Lucid则更关注发动机性能、电池技术等。这两种途径都有其优势，但我个人认为蔚来从其易于使用、客户友好的方法中受益更多，因为没有太多人会根据电池架构等标准购买电动汽车。尽管如此，Lucid开发高性能汽车的能力在未来竞争激烈的电动汽车行业应该会非常方便。</blockquote></p><p>With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.</p><p><blockquote>对于蔚来，市场现在担心的主要风险似乎是监管/政治。我个人不认为监管会给蔚来带来巨大风险。中国公司从未能够在内燃机汽车领域成功竞争，但随着电动汽车技术给整个全球汽车行业带来变革，中国看到了成为全球汽车强国的机会。伤害蔚来和其他中国电动汽车企业将与这些目标背道而驰，这就是为什么我认为中国更有兴趣培养自己的电动汽车企业，包括蔚来，而不是伤害他们。尽管如此，如今市场对每家中国公司都给予了折扣，蔚来也是如此——这对于那些寻求以低于平均水平的估值买入该公司的人来说可能是一件好事。</blockquote></p><p>For Lucid, regulation doesn&#39;t seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as &#34;Production Hell&#34;. The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It&#39;s not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID&#39;s high valuation could be a considerable risk - shares trade at around 30x next year&#39;s expected revenue, and there is no guarantee at all that those revenues will actually be generated.</p><p><blockquote>对于Lucid来说，监管似乎并不是一个重要的风险。相反，这里的主要风险是高估值和产量增加。正如特斯拉所表明的那样，提高汽车产量并不是一件容易的事。该公司经常不得不与延误和其他问题作斗争，有时被总结为“生产地狱”。Lucid可能也是如此，该公司将不得不在未来几个月和几个季度高速提高产量，以实现其雄心勃勃的生产目标。当然，不能确定它会遇到与其他制造商类似的问题，但由于缺乏经验，这似乎是一个值得关注的相当大的风险。最重要的是，LCID的高估值可能是一个相当大的风险——股票交易价格约为明年预期收入的30倍，而且根本不能保证这些收入会真正产生。</blockquote></p><p><b>Is Lucid Or NIO Stock The Better Buy?</b></p><p><blockquote><b>Lucid或蔚来股票更值得购买吗？</b></blockquote></p><p>Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.</p><p><blockquote>蔚来和Lucid都拥有有吸引力的产品，这些产品在越来越多进入者的电动汽车市场中似乎极具竞争力。我确实相信，在强大的技术、有吸引力的品牌和引人注目的产品质量的推动下，两家公司将在未来几年取得运营成功。然而，运营增长并不一定会导致股价增长，因为当以过高的价格买入时，估值可能会成为主要障碍。</blockquote></p><p>In NIO&#39;s case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year&#39;s expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year&#39;s sales.</p><p><blockquote>就蔚来而言，这似乎并不是一个过大的风险，因为相对于其他电动汽车公司的估值而言，其股价并不昂贵——蔚来的交易价格约为明年预期收入的4倍，与LCID、RIVN、TSLA相比有明显的折扣，等等。另一方面，Lucid的估值非常高，是明年销售额的30倍。</blockquote></p><p>I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.</p><p><blockquote>我确实相信，基于其更大的规模、更成熟的业务、更好的增产进展，以及更合理的估值，蔚来是当今这两家公司中更好的选择。对于那些有兴趣拥有这家顶级中国电动汽车公司的人来说，最近的股价下跌是一个有吸引力的切入点。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4477181-lucid-vs-nio-stock-better-buy\">Seeking Alpha</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":{"LCID":"Lucid Group Inc","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4477181-lucid-vs-nio-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139674064","content_text":"SummaryThe EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.Trygve Finkelsen/iStock Editorial via Getty ImagesArticle ThesisThe EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we'll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we'll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.Lucid And NIO In The EV MarketThe global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.LCID Vs. NIO's Past Quarterly PerformanceAs noted above, NIO's sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:Data by YChartsOver the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO's case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian's (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid's stock. If analysts are correct, NIO is the much better value today:Data by YChartsShares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO's underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can't be said about Lucid.Lucid Vs. NIO Key MetricsLet's take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO's ASP is around $70,000, and Lucid's ASP is even higher than that for now, as the company is selling the most expensive AirDreamversion first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.NIO's battery-swapping technology, for example, allows its customers to fully \"recharge\" in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn't employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid's architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO's solution, as well as Lucid's solution, seem superior compared to what Tesla is offering.NIO's and Lucid's tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:Source: Lucid presentationA smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:Source: NIOWith 33 sensors that use up to 8MP, NIO's sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO's sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO's offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO's self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn't be a very difficult task. Lucid's self-driving tech, even though it doesn't get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO's Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).Strong tech alone doesn't make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles' quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid's ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.For Lucid, regulation doesn't seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as \"Production Hell\". The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It's not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID's high valuation could be a considerable risk - shares trade at around 30x next year's expected revenue, and there is no guarantee at all that those revenues will actually be generated.Is Lucid Or NIO Stock The Better Buy?Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.In NIO's case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year's expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year's sales.I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.","news_type":1,"symbols_score_info":{"LCID":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691227873,"gmtCreate":1640213610716,"gmtModify":1640213610774,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691227873","repostId":"1131862374","repostType":4,"isVote":1,"tweetType":1,"viewCount":2577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871200631,"gmtCreate":1637070930041,"gmtModify":1637070930135,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"When would Elon Musk be done selling his stocs?","listText":"When would Elon Musk be done selling his stocs?","text":"When would Elon Musk be done selling his stocs?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871200631","repostId":"2183007300","repostType":2,"isVote":1,"tweetType":1,"viewCount":3264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871613356,"gmtCreate":1637062630779,"gmtModify":1637062630900,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Waiting for price to drop below 800","listText":"Waiting for price to drop below 800","text":"Waiting for price to drop below 800","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871613356","repostId":"2183008880","repostType":2,"isVote":1,"tweetType":1,"viewCount":2023,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871901222,"gmtCreate":1637016385950,"gmtModify":1637016385950,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Would Tesla drop to below 800?&nbsp;","listText":"Would Tesla drop to below 800?&nbsp;","text":"Would Tesla drop to below 800?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871901222","repostId":"1105194762","repostType":4,"repost":{"id":"1105194762","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":1636990511,"share":"https://www.laohu8.com/m/news/1105194762?lang=zh_CN&edition=full","pubTime":"2021-11-15 23:35","market":"us","language":"en","title":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105194762","media":"Tiger Newspress","summary":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars.","content":"<p>Nasdaq Index turned&nbsp;down&nbsp;in morning trading with Tesla's market value fell below 1 trillion dollars.<img src=\"https://static.tigerbbs.com/201cf466934fa60cc63374e64a0db551\" tg-width=\"772\" tg-height=\"563\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c5d7f306762ab2851bfef58a237e2d55\" tg-width=\"772\" tg-height=\"560\" referrerpolicy=\"no-referrer\">According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.</p><p><blockquote>纳斯达克指数在早盘交易中转跌，特斯拉市值跌破1万亿美元。根据SEC披露的文件，马斯克12日出售了120万股特斯拉股票。至此，自11月8日以来，马斯克已出售约634万股特斯拉股票。马斯克承诺出售10%的特斯拉股票，也就是1705万股，所以马斯克只卖出了承诺的37.1%，还需要卖出至少1070万股特斯拉股票。此外，Musk暗示将出售更多特斯拉股票；“大空头”Michael Burry发推称，马斯克只想高位套现。</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>Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</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\">\nNasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</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\">2021-11-15 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nasdaq Index turned&nbsp;down&nbsp;in morning trading with Tesla's market value fell below 1 trillion dollars.<img src=\"https://static.tigerbbs.com/201cf466934fa60cc63374e64a0db551\" tg-width=\"772\" tg-height=\"563\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c5d7f306762ab2851bfef58a237e2d55\" tg-width=\"772\" tg-height=\"560\" referrerpolicy=\"no-referrer\">According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.</p><p><blockquote>纳斯达克指数在早盘交易中转跌，特斯拉市值跌破1万亿美元。根据SEC披露的文件，马斯克12日出售了120万股特斯拉股票。至此，自11月8日以来，马斯克已出售约634万股特斯拉股票。马斯克承诺出售10%的特斯拉股票，也就是1705万股，所以马斯克只卖出了承诺的37.1%，还需要卖出至少1070万股特斯拉股票。此外，Musk暗示将出售更多特斯拉股票；“大空头”Michael Burry发推称，马斯克只想高位套现。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105194762","content_text":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars.According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.","news_type":1,"symbols_score_info":{".IXIC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2944,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3583106134648492","idStr":"3583106134648492"},"content":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first.","text":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first.","html":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first."}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886011960,"gmtCreate":1631538031250,"gmtModify":1631887422774,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"They have been buying back very often?","listText":"They have been buying back very often?","text":"They have been buying back very often?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886011960","repostId":"2166551373","repostType":2,"isVote":1,"tweetType":1,"viewCount":1885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886013371,"gmtCreate":1631537908093,"gmtModify":1631887422784,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Healthy competition is good","listText":"Healthy competition is good","text":"Healthy competition is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886013371","repostId":"2167230480","repostType":2,"isVote":1,"tweetType":1,"viewCount":1234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886019929,"gmtCreate":1631537785761,"gmtModify":1631887422799,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886019929","repostId":"2167586988","repostType":4,"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811559869,"gmtCreate":1630333150551,"gmtModify":1704958657732,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811559869","repostId":"2163889073","repostType":4,"isVote":1,"tweetType":1,"viewCount":1438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890677059,"gmtCreate":1628118070971,"gmtModify":1631887422823,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Maybe","listText":"Maybe","text":"Maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890677059","repostId":"1105936005","repostType":4,"isVote":1,"tweetType":1,"viewCount":1681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890672364,"gmtCreate":1628117871258,"gmtModify":1631887422836,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"What do u plan to buy?&nbsp;","listText":"What do u plan to buy?&nbsp;","text":"What do u plan to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/890672364","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144562638,"gmtCreate":1626306769624,"gmtModify":1631887422848,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Will DCA once price drop back to $20!","listText":"Will DCA once price drop back to $20!","text":"Will DCA once price drop back to $20!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144562638","repostId":"1199719131","repostType":2,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129647812,"gmtCreate":1624372267436,"gmtModify":1631887422857,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Huh","listText":"Huh","text":"Huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129647812","repostId":"2145599620","repostType":4,"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129657498,"gmtCreate":1624372053814,"gmtModify":1631887422872,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"True...but am holding on to PLTR for long! Who's in?","listText":"True...but am holding on to PLTR for long! Who's in?","text":"True...but am holding on to PLTR for long! Who's in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129657498","repostId":"1111429380","repostType":2,"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163266152,"gmtCreate":1623886554476,"gmtModify":1631887422884,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Ohman","listText":"Ohman","text":"Ohman","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163266152","repostId":"1170150919","repostType":4,"repost":{"id":"1170150919","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":1623866564,"share":"https://www.laohu8.com/m/news/1170150919?lang=zh_CN&edition=full","pubTime":"2021-06-17 02:02","market":"us","language":"en","title":"Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.<blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170150919","media":"Tiger Newspress","summary":"U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.The Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.Nine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and finan","content":"<p>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.</p><p><blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</blockquote></p><p> U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.</p><p><blockquote>美国股市周三跌至盘中低点，此前美联储上调了通胀预期，并提前了下次加息的时间框架。</blockquote></p><p> The Dow Jones Industrial Average fell 320 points. The S&amp;P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.</p><p><blockquote>道琼斯工业平均指数下跌320点。标普500在前一交易日创下历史新高后下跌0.7%。以科技股为主的纳斯达克综合指数抹去了早些时候的涨幅，下跌0.5%。</blockquote></p><p> Nine out of 11 S&amp;P 500 sectors traded in the red, led to the downside by communication services and financials.</p><p><blockquote>11个标普500板块中有9个出现亏损，其中通信服务和金融板块领跌。</blockquote></p><p> Economic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.</p><p><blockquote>经济重新开放为大盘提供了一些支撑。主要航空股美国航空、联合航空和达美航空均走高。在Wolfe Research上调评级后，皇家加勒比和嘉年华股价均上涨2%。</blockquote></p><p> The policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.</p><p><blockquote>制定政策的联邦公开市场委员会表示，最早可能在2023年加息，此前该委员会在3月份表示至少在2024年之前不会加息。</blockquote></p><p> The Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"</p><p><blockquote>美联储还将总体通胀预期上调至3.4%，比3月份的预测高出整整一个百分点，会后声明继续称通胀压力是“暂时的”。</blockquote></p><p> Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.</p><p><blockquote>主席杰罗姆·鲍威尔将于下午2:30举行新闻发布会。等。</blockquote></p><p> The meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p><p><blockquote>周二的一份报告显示，此次会议召开之际，通胀加剧，5月份生产者价格以近11年来最快的年增长率上涨。这促使包括保罗·都铎·琼斯在内的一些人呼吁央行重新考虑其宽松的货币政策。</blockquote></p><p> The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p><p><blockquote>随着经济继续从冠状病毒大流行中复苏，央行每月购买价值1200亿美元的债券。</blockquote></p><p> \"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p><p><blockquote>联邦金融网络首席信息官布拉德·麦克米兰表示：“本周的戏剧性事件将是美联储是按兵不动，还是承认通胀正在上升，美联储需要收紧政策。”“由于美联储有双重使命——失业和通胀——这表明它确实应该将重点放在失业上，而不是通胀上。”</blockquote></p><p> Treasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.</p><p><blockquote>周三在参议院财政委员会作证的财政部长珍妮特·耶伦表示，从长远来看，更高的价格压力不应持续下去。</blockquote></p><p> \"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"</p><p><blockquote>耶伦表示：“我之前说过，我看到了重要的暂时影响，但我预计这种影响不会是永久性的。”“但我们将继续非常仔细地监测通胀数据，对于长期通胀前景来说，重要的是，我们认为从大多数指标来看，通胀预期……都是稳固的。”</blockquote></p><p> On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p><p><blockquote>周三，中国表示将从国家储备中释放铜、铝和锌等工业金属，以抑制大宗商品价格。铜价较历史高点下跌逾10%，周二跌入回调区间。</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>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.<blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</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\">\nFed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.<blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</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\">2021-06-17 02:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.</p><p><blockquote>美联储维持利率稳定，但大幅上调通胀预期，且未提及taper。</blockquote></p><p> U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.</p><p><blockquote>美国股市周三跌至盘中低点，此前美联储上调了通胀预期，并提前了下次加息的时间框架。</blockquote></p><p> The Dow Jones Industrial Average fell 320 points. The S&amp;P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.</p><p><blockquote>道琼斯工业平均指数下跌320点。标普500在前一交易日创下历史新高后下跌0.7%。以科技股为主的纳斯达克综合指数抹去了早些时候的涨幅，下跌0.5%。</blockquote></p><p> Nine out of 11 S&amp;P 500 sectors traded in the red, led to the downside by communication services and financials.</p><p><blockquote>11个标普500板块中有9个出现亏损，其中通信服务和金融板块领跌。</blockquote></p><p> Economic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.</p><p><blockquote>经济重新开放为大盘提供了一些支撑。主要航空股美国航空、联合航空和达美航空均走高。在Wolfe Research上调评级后，皇家加勒比和嘉年华股价均上涨2%。</blockquote></p><p> The policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.</p><p><blockquote>制定政策的联邦公开市场委员会表示，最早可能在2023年加息，此前该委员会在3月份表示至少在2024年之前不会加息。</blockquote></p><p> The Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"</p><p><blockquote>美联储还将总体通胀预期上调至3.4%，比3月份的预测高出整整一个百分点，会后声明继续称通胀压力是“暂时的”。</blockquote></p><p> Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.</p><p><blockquote>主席杰罗姆·鲍威尔将于下午2:30举行新闻发布会。等。</blockquote></p><p> The meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p><p><blockquote>周二的一份报告显示，此次会议召开之际，通胀加剧，5月份生产者价格以近11年来最快的年增长率上涨。这促使包括保罗·都铎·琼斯在内的一些人呼吁央行重新考虑其宽松的货币政策。</blockquote></p><p> The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p><p><blockquote>随着经济继续从冠状病毒大流行中复苏，央行每月购买价值1200亿美元的债券。</blockquote></p><p> \"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p><p><blockquote>联邦金融网络首席信息官布拉德·麦克米兰表示：“本周的戏剧性事件将是美联储是按兵不动，还是承认通胀正在上升，美联储需要收紧政策。”“由于美联储有双重使命——失业和通胀——这表明它确实应该将重点放在失业上，而不是通胀上。”</blockquote></p><p> Treasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.</p><p><blockquote>周三在参议院财政委员会作证的财政部长珍妮特·耶伦表示，从长远来看，更高的价格压力不应持续下去。</blockquote></p><p> \"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"</p><p><blockquote>耶伦表示：“我之前说过，我看到了重要的暂时影响，但我预计这种影响不会是永久性的。”“但我们将继续非常仔细地监测通胀数据，对于长期通胀前景来说，重要的是，我们认为从大多数指标来看，通胀预期……都是稳固的。”</blockquote></p><p> On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p><p><blockquote>周三，中国表示将从国家储备中释放铜、铝和锌等工业金属，以抑制大宗商品价格。铜价较历史高点下跌逾10%，周二跌入回调区间。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170150919","content_text":"Fed holds rates steady, but raises inflation expectations sharply and makes no mention of taper.\nU.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.\nThe Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.\nNine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and financials.\nEconomic reopening plays provided the broader market with some support. Major airline stocks American Airlines, United and Delta all traded higher. Royal Caribbean and Carnival both climbed 2% afteran upgrade from Wolfe Research.\nThe policymaking Federal Open Market Committee indicated that rate hikes could come as soon as 2023, after indicating in March that it saw no increases until at least 2024.\nThe Fed also raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are \"transitory.\"\nChairman Jerome Powell will hold a press conference at 2:30 p.m. ET.\nThe meeting came as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.\nThe central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.\n\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"\nTreasury Secretary Janet Yellen, who is testifying before the Senate Finance Committee Wednesday, said higher price pressures shouldn't last over the long run.\n\"I previously said that I see important transitory influences at work and I don't anticipate that it will be permanent,\" Yellen said. \"But we continue to monitor inflation data very carefully, and importantly for the long run inflation outlook we see inflation expectations by most measures … as being well-anchored.\"\nOn Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184949778,"gmtCreate":1623682080494,"gmtModify":1631891119707,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Hodl","listText":"Hodl","text":"Hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184949778","repostId":"1135926549","repostType":2,"repost":{"id":"1135926549","kind":"news","pubTimestamp":1623630467,"share":"https://www.laohu8.com/m/news/1135926549?lang=zh_CN&edition=full","pubTime":"2021-06-14 08:27","market":"us","language":"en","title":"Palantir Stock In 5 Years: What To Consider<blockquote>Palantir股票5年后：需要考虑什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135926549","media":"seekingalpha","summary":"Summary\n\nPalantir Technologies, for all the furore surrounding the stock, is simply an enterprise so","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir Technologies, for all the furore surrounding the stock, is simply an enterprise software business, and a good one to boot.</li>  <li>Financial fundamentals are much better than the company is usually given credit for, and the stock price is, we believe, at an attractive buy point.</li>  <li>In our view, the key with this name is to ignore all the noise on your stock board of choice.</li>  <li>Looking five years out, we think this stock can be a huge winner, and we hold the name in staff personal accounts as a result.</li>  <li>We remain at Buy on Palantir.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb61d2356557cc39d32afc673a3ff65b\" tg-width=\"1536\" tg-height=\"864\" referrerpolicy=\"no-referrer\"><span>kanawatvector/iStock via Getty Images</span></p><p><blockquote><ul><li>尽管Palantir Technologies的股票引起了轩然大波，但它只是一家企业软件企业，而且是一家不错的企业。</li><li>财务基本面比该公司通常被认为的要好得多，而且我们认为股价处于有吸引力的买入点。</li><li>在我们看来，这个名字的关键是忽略你选择的股票板上的所有噪音。</li><li>展望五年后，我们认为这只股票可能会成为巨大的赢家，因此我们将这个名字保存在员工个人账户中。</li><li>我们维持对Palantir的买入评级。</li></ul><p class=\"t-img-caption\"><span>kanawatvector/iStock来自Getty Images</span></p></blockquote></p><p> <b>Make Like A Palantirian - Focus On The Signal, Not The Noise</b></p><p><blockquote><b>像Palantirian一样制作——关注信号，而不是噪音</b></blockquote></p><p> If you talk to users of Palantir Technologies(NYSE:PLTR)software, and we have, they will tell you that the main benefit of the company's technology is that it is able to pull together data from multiple sources and make sense of it all both quickly and easily. It does not require armies of business or data analysts sat in the basement to produce reports digestible by the folks in the big offices on the top floor. This means that correctly deployed, the products offer the dream of analytics companies since the days when \"extract, transform, load\" was new and cool - reduced cost of report production and increased actionability of those reports. Thus far we have yet to talk to a user that didn't think the software had changed their business for the better. No doubt there are some dissatisfied users, but we've yet to speak to any.</p><p><blockquote>如果您与Palantir Technologies（纽约证券交易所股票代码：PLTR）软件的用户交谈（我们已经这样做了），他们会告诉您该公司技术的主要好处是它能够将来自多个来源的数据汇集在一起并理解所有这些既快速又轻松。它不需要坐在地下室的大量业务或数据分析师来制作顶层大办公室的人们可以理解的报告。这意味着，如果部署正确，这些产品将提供分析公司的梦想，因为“提取、转换、加载”是新的和酷的时代——降低报告制作的成本，提高这些报告的可操作性。到目前为止，我们还没有和一个不认为该软件让他们的业务变得更好的用户交谈过。毫无疑问，有一些不满意的用户，但我们还没有与任何人交谈。</blockquote></p><p> Partly of the management team's own making (\"we love retail investors\"), partly due to the \"master of the dark arts\" reputation the company had fostered during its long gestation period as a privately-owned, CIA-backed business, and partly due to the zeitgeist, Palantir is an incredibly well-followed stock and one that seemingly causes angst amongst shareholders and non-shareholders alike. Just go check your favorite stock board and see the screeching. Our choice of poison is the PLTR board on StockTwits, which ishere. We can use this as an example of the strangely high level of interest in this enterprise software stock. It has 168k followers on that board, which compared to others on the platform is half as many as Microsoft and perhaps of more relevance, more than half as many as the current meme favorite, AMC. And the posts are absolutely breathless. Again, this is an enterprise software company, not an altcoin.</p><p><blockquote>部分原因是管理团队自己创造的（“我们热爱散户投资者”），部分原因是该公司在作为一家私营、中央情报局支持的企业的漫长孕育期内培养了“黑魔法大师”的声誉，部分原因是由于时代精神，Palantir是一只非常受欢迎的股票，似乎也引起了股东和非股东的焦虑。去看看你最喜欢的股票板，看看尖叫声。我们选择的毒药是StockTwits上的PLTR板，就在这里。我们可以以此为例，说明人们对这种企业软件股票的兴趣异常高。它在该板上拥有16.8万名粉丝，与平台上的其他粉丝相比，这一数字是微软的一半，而且可能更相关，是当前最受欢迎的迷因AMC的一半以上。帖子绝对令人窒息。还是那句话，这是一家企业软件公司，而不是山寨币。</blockquote></p><p> If you own PLTR stock or are thinking of doing so, our exhortation to you would be to take a step back, calm down, and with a cool head look at the numbers and the stock chart. This is our approach, and it has lead to the name being a high-conviction favorite of ours. When the stock has swooned, we're relaxed; if it moves up in the coming days and weeks, we'll be relaxed. Palantir is, we think, a very strong long term hold stock. If we can leave you with one thought after you read our analysis, it would be: focus on the signal, ignore the noise. And that, after all, is what Palantir Technologies customers pay it to help them do. As a shareholder? The stock can pay you for doing the same.</p><p><blockquote>如果你拥有或者正在考虑这样做，我们劝你退后一步，冷静下来，冷静地看待这些数字和股票图表。这是我们的方法，它导致这个名字成为我们非常喜欢的名字。当股票暴跌时，我们会放松；如果它在未来几天和几周内上升，我们就会放松。我们认为，Palantir是一只非常强劲的长期持有股票。如果在你读完我们的分析后，我们可以给你留下一个想法，那就是：关注信号，忽略噪音。毕竟，这就是Palantir Technologies客户付费帮助他们做的事情。作为股东？股票可以支付你做同样的事情。</blockquote></p><p> <b>PLTR Stock Price</b></p><p><blockquote><b>PLTR股价</b></blockquote></p><p> Let's first take a look at PLTR's stock price and its evolution since the direct listing last year. It has, in short, been rather volatile.</p><p><blockquote>我们先来看看PLTR的股价及其自去年直接上市以来的演变情况。简而言之，它相当不稳定。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c352517d3fdee0325a7ed80cfe61207\" tg-width=\"640\" tg-height=\"379\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> It's the volatility that leads to some of the stock board screeching. But if you just step back you would say that thus far this has been a terrifically successful direct listing, with the stock up 150% since then, versus mid-20s% total returns from the main indices (we use the SPY and QQQ ETFs above as proxies for the S&amp;P500 and the Nasdaq respectively).</p><p><blockquote>正是波动性导致了一些股票董事会的尖叫。但如果你退后一步，你会说，到目前为止，这是一次非常成功的直接上市，自那时以来，该股上涨了150%，而主要指数的总回报率为20%左右（我们使用SPDR标普500指数ETF和QQQ ETF上面分别作为S&amp;P 500和纳斯达克的代理）。</blockquote></p><p> If you look shorter term, since the February 2021 highs, you can see more cause for concern among short-term holders. This chart runs from 1 February this year, to date.</p><p><blockquote>如果你看短期，自2021年2月高点以来，你会发现短期持有者有更多担忧的理由。这张图表从今年2月1日开始至今。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b6e221de3f33956330342f0010cb029\" tg-width=\"640\" tg-height=\"381\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> Since, inevitably, many people buy near the top of a run, this means there are many holders sat on a loss and hoping for a recovery, and probably many that have sold, absorbing the loss. As always, if you zoom too far in, you can miss the big picture. We believe Palantir stock has a very bright future.</p><p><blockquote>由于不可避免地，许多人在接近运行顶部时买入，这意味着有许多持有者坐在亏损并希望复苏，可能还有许多人已经卖出，吸收了损失。和往常一样，如果你放大得太远，你可能会错过大局。我们相信Palantir股票有着非常光明的未来。</blockquote></p><p> <b>Palantir Valuation</b></p><p><blockquote><b>Palantir估值</b></blockquote></p><p></p><p> By way of background, here's the numbers on PLTR. The table below is patchy because as a new issue, it takes time for the company's SEC reports to build up a picture of the past. In 3-4 quarters' time we will be able to see a much clearer picture of the quarter-to-quarter history and how the growth flywheel is moving. First, revenue down to EBITDA.</p><p><blockquote>作为背景，这是PLTR上的数字。下表是不完整的，因为作为一个新问题，该公司的SEC报告需要时间来建立过去的画面。在3-4个季度的时间里，我们将能够更清楚地了解季度历史以及增长飞轮的运行情况。首先，收入降至EBITDA。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ef965d0aa18087da24ed87c59e9377a\" tg-width=\"505\" tg-height=\"680\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> Now, capex down to net debt and remaining performance obligation.</p><p><blockquote>现在，资本支出降至净债务和剩余履约义务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07de8f157aa9059c61db0a5fdcacbcc4\" tg-width=\"496\" tg-height=\"411\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> The first half of 2021 has been characterized by a material selloff in growth names, with value stocks being the principal beneficiary. In recent weeks, the market has become a little kinder to growth names and in our house view, that will persist for the remainder of the year. Palantir's valuation multiples have moved up materially of late, which partly reflects the market's warming towards growth names, and partly the improvement in PLTR's own growth rates that you see above.</p><p><blockquote>2021年上半年的特点是成长型股票大幅抛售，价值型股票是主要受益者。最近几周，市场对成长型公司变得更加友好，在我们看来，这种情况将持续到今年剩余时间。Palantir的估值倍数最近大幅上升，部分反映了市场对成长型公司的升温，部分反映了您在上面看到的PLTR自身增长率的改善。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eade11b880c661731fab7c27c81d528f\" tg-width=\"640\" tg-height=\"378\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> Folks get all steamed up about valuation multiples - is stock X<i>really</i>worth Y times revenue or Z times cashflow? - but in truth, there is no science to it. In a bull market for growth names, the faster you grow and the more profitably you do it and the more visibility you have into future growth, the more expensive your stock, relative to other such stocks. In valuation, everything is relative, there are no absolutes. Ten years ago, paying 10x TTM revenue for a software company was considered expensive, today, plenty trade at 40x TTM revenue plus. It just is what it is.</p><p><blockquote>人们对估值倍数感到非常愤怒——是股票X<i>真的</i>价值Y倍收入还是Z倍现金流？——但事实上，这并不科学。在成长型股票的牛市中，你增长得越快，利润越高，对未来增长的了解越多，你的股票相对于其他此类股票就越贵。在估值中，一切都是相对的，没有绝对。十年前，为一家软件公司支付10倍TTM收入被认为是昂贵的，而今天，大量交易的价格是40倍TTM收入以上。事情就是这样。</blockquote></p><p> Palantir today trades at the following multiples:</p><p><blockquote>Palantir今天的交易倍数如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddbc7d4aca650c4e6b406c336671ec9b\" tg-width=\"246\" tg-height=\"299\"><span>Source: Company SEC filings, YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> The EBITDA and cashflow multiples are clearly absurd if you think that discounted cashflow is any kind of way to measure stock valuations, but since we think DCF is about as relevant to valuing growth names as is the color of the company's logo, we don't take any notice of that. 35x TTM revenue for a business with long-lived government and corporate contracts, the demonstrated ability to generate both accounting and cash profits, and growing revenue at 49% in Q1 vs the prior year Q1? In the current market context that seems fine to us.</p><p><blockquote>如果你认为折现现金流是衡量股票估值的任何方式，EBITDA和现金流倍数显然是荒谬的，但由于我们认为DCF与估值增长名称和公司标志的颜色一样相关，我们没有注意到这一点。对于一家拥有长期政府和企业合同的企业来说，TTM收入是35倍，具有产生会计和现金利润的能力，并且第一季度的收入比上一年增长了49%？在当前的市场背景下，这对我们来说似乎很好。</blockquote></p><p> <b>Is Palantir A Long-Term Stock?</b></p><p><blockquote><b>Palantir是长期股票吗？</b></blockquote></p><p> So, is Palantir a good long-term stock? We find scant assistance from sell-side analyst targets which seem to range from $17-30 looking twelve months out.</p><p><blockquote>那么，Palantir是一只好的长期股票吗？我们发现卖方分析师的目标帮助很少，12个月后的目标范围似乎在17-30美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f3ef1518eb94d1152c976ad16e462bb\" tg-width=\"640\" tg-height=\"223\"><span>Source: TipRanks</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：TipRanks</span></p></blockquote></p><p> We think the answer lies in doing two kinds of actual analysis (as opposed to just deciding the stock might move up a few dollars or down a few dollars which appears to be the basis of price targets!).</p><p><blockquote>我们认为答案在于进行两种实际分析（而不是仅仅决定股票可能上涨几美元或下跌几美元，这似乎是价格目标的基础！）.</blockquote></p><p> <b>Palantir Stock Forecast In 5 Years</b></p><p><blockquote><b>Palantir 5年后股票预测</b></blockquote></p><p> <b>Fundamental Analysis</b></p><p><blockquote><b>基本面分析</b></blockquote></p><p> The first kind of analysis we think is helpful here is to consider the fundamentals. Here we take the management team's commentary on likely forward growth rates (they target 30% long-run growth), but jacked them<i>up</i>a little because we think the team is sandbagging somewhat. We then assign rising EBITDA margins, cap them at what used to be about right for a well-run enterprise software and services business - 20% - it's quite possible that PLTR can beat this if they hand over much of the services work to consultant partners over time, but let's say 20% terminal EBITDA margins for now. Then we assign a cautious rate of conversion of EBITDA into unlevered pre-tax free cashflow (= EBITDA - capex - change in working capital) such that around 20% of EBITDA leaks into the ether somehow. (This is just a way to model cash generation conservatively. If 20% leaked somewhere it would show up on the balance sheet in poor receivables or huge prepayments or something else. It's a modeling device, it's not real).</p><p><blockquote>我们认为在这里有帮助的第一种分析是考虑基本面。在这里，我们听取了管理团队对可能的远期增长率的评论（他们的长期增长率目标是30%），但拒绝了他们<i>向上</i>一点是因为我们认为团队有点沙袋。然后，我们分配不断上升的EBITDA利润率，将其限制在过去对于运营良好的企业软件和服务业务来说是正确的水平——20%——如果PLTR将大部分服务工作移交给顾问合作伙伴，他们很有可能超越这一水平随着时间的推移，但目前我们假设终端EBITDA利润率为20%。然后，我们指定一个谨慎的EBITDA转换为无杠杆税前自由现金流（=EBITDA-资本支出-营运资本变化）的比率，以便大约20%的EBITDA以某种方式泄漏到乙醚中。（这只是一种保守地模拟现金生成的方法。如果20%在某个地方泄露，它会出现在资产负债表上的坏账或巨额预付款或其他东西中。是建模装置，不是真的）。</blockquote></p><p> Back to valuation multiples for a moment.</p><p><blockquote>暂时回到估值倍数。</blockquote></p><p></p><p> Where valuation multiples<i>do</i>matter is in the direction of travel between the time you buy a stock and the time you sell it. If multiples expand, that is the greatest source of free money you ever could hope for. Alchemy has nothing on multiple expansion. And if they compress, you can own a company performing wonderfully on its financial statements yet its stock may just not move up at all, or, worse, go down. From a fundamentals perspective, this is the key question long term investors need to ask of PLTR stock. In our house view the company will continue to perform well. The principal risk to returns comes from whether multiples will expand, compress, or stay level. In our 5-year outlook we assume those multiples will tail off somewhat. That's not based on any Fed-whispering, inflation analysis, velocity of money circulation enquiry or anything like that. It's just a modestly cautious modeling device. Multiples could go up a lot, down a lot, stay flat. Who knows. But you have to come up with some assumptions to forecast a stock on fundamentals, so, these are our working assumptions.</p><p><blockquote>其中估值倍数<i>做</i>物质在你买入股票和卖出股票之间的传播方向上。如果倍数扩大，这是你所希望的最大的免费资金来源。炼金术没有任何关于倍数膨胀的东西。如果它们压缩，你可以拥有一家财务报表表现出色的公司，但其股票可能根本不会上涨，或者更糟的是，会下跌。从基本面角度来看，这是长期投资者需要询问PLTR股票的关键问题。在我们看来，该公司将继续表现良好。回报的主要风险来自市盈率是扩大、压缩还是保持在水平。在我们的5年展望中，我们假设这些市盈率将有所下降。这不是基于任何美联储窃窃私语、通胀分析、货币流通速度调查或类似的东西。这只是一个适度谨慎的建模设备。倍数可能会上升很多，下降很多，保持持平。谁知道呢。但你必须提出一些假设来根据基本面预测股票，所以，这些是我们的工作假设。</blockquote></p><p> Put all that stuff together could point to a runup from $24 today to $50 or so in 2024, and on to $60 or so in 2025. Now, compared to playingmeme stockswith the best of them, that's not very exciting. But compared to most periods of investing in stocks, doubling your money in three years isn't so bad.</p><p><blockquote>将所有这些因素放在一起可能会导致价格从今天的24美元上涨到2024年的50美元左右，并在2025年上涨到60美元左右。现在，与他们中最好的人一起玩模因股票相比，这并不是很令人兴奋。但与大多数股票投资时期相比，三年内让你的钱翻倍并没有那么糟糕。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d4e004057976b6da047f994b01b5a99\" tg-width=\"439\" tg-height=\"288\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> From a fundamentals point of view, we see the key risks as fairly simple. One, can the company get out of its own way, meaning, can it execute an increasing pure software model, farming more and more services out to integrator partners. We really do not want to see the company making its numbers by selling consulting time - that's not scalable and is as a result not worth anything like the kinds of multiples above, which assume a software business model. And two, will those multiples hold up. So, quarter to quarter, in our live coverage of the business, that's what we're looking at. Revenue growth vs. gross margin vs. UFCF margins (that tells you all you need to know about the type of revenue and its valuation potential), and, prevailing market multiples for growth names.</p><p><blockquote>从基本面的角度来看，我们认为主要风险相当简单。第一，公司能否走出自己的路，也就是说，它能否执行越来越多的纯软件模式，向集成商合作伙伴提供越来越多的服务。我们真的不希望看到该公司通过出售咨询时间来盈利——这是不可扩展的，因此不值得像上述假设软件商业模式的倍数那样。第二，这些倍数能持续下去吗？因此，每季度一次，在我们对业务的现场报道中，这就是我们所关注的。收入增长与毛利率与UFCF利润率（这告诉您有关收入类型及其估值潜力所需了解的所有信息），以及成长型公司的现行市场倍数。</blockquote></p><p> <b>Chart Analysis</b></p><p><blockquote><b>图表分析</b></blockquote></p><p> Chart analysis is particularly relevant to the near term outlook for PLTR and that is itself relevant to the long term, because very often the prevailing view on this name seems to be something highly analytical like, \"it will never see $40 again lol\". The fact that the stock is a little stuck below $25 despite improving fundamentals and a thawing market for growth names isn't any kind of magic. It's just simple demand and supply. The chart below shows you that in that $25 zip code there have been a<i>whole</i>lot of shares traded in the past. And we know that PLTR is a favorite of retail - that 168k follower number above tells you that. And we know that diamond hands are something of a myth among retail investors. When markets drop hard like growth did in H1 2021, then come back, you very often can find folks very happy just to make their money back, or most of it. Relieved, having bought PLTR at say $25-30, folks start selling, because at one point they were looking at a $17 handle and saying, please don't send me a margin call now, pretty please.</p><p><blockquote>图表分析与PLTR的近期前景特别相关，而PLTR本身也与长期前景相关，因为对这个名字的普遍看法往往是高度分析性的，比如“它再也不会看到40美元了，哈哈”。尽管基本面有所改善且成长型股票市场正在解冻，但该股仍略低于25美元，这一事实并不是什么魔法。只是简单的需求和供给。下面的图表向您展示了在25美元邮政编码中有一个<i>整体</i>过去交易了很多股票。我们知道PLTR是零售业的最爱——上面的16.8万粉丝数量告诉你这一点。我们知道钻石手在散户投资者中是一个神话。当市场像2021年H1那样大幅下跌，然后回来时，你经常会发现人们非常高兴，只是为了赚回他们的钱，或者大部分钱。人们松了口气，以25-30美元的价格购买了PLTR，开始抛售，因为有一次他们看着17美元的手柄说，请不要现在给我看涨期权的保证金，非常好。</blockquote></p><p> This chart looks horribly complicated, but like all stock charts, it isn't really, once you free your mind and think about what it is telling you about what market participants are doing.</p><p><blockquote>这张图表看起来非常复杂，但就像所有股票图表一样，一旦你解放思想并思考它告诉你市场参与者在做什么，它就不是真的了。</blockquote></p><p> If you think stock charts are bunk, they aren't. Prepared correctly they can sometimes tell you a<i>lot</i>about the future direction of a stock. So, even if you think this is just some kind of kindergarten coloring-in contest which has gotten carried away with itself, bear with us.</p><p><blockquote>如果你认为股票图表是废话，事实并非如此。如果准备得当，他们有时会告诉你<i>很多</i>关于一只股票未来的走向。所以，即使你认为这只是某种已经忘乎所以的幼儿园填色比赛，也请容忍我们。</blockquote></p><p> We think this chart on PLTR is a beauty. Because we think it tells you that with any kind of market tailwind, once PLTR pushes up to $30 or so, it can fly much further. Much further. And since our fundamental analysis tells us that $50-60/share is possible, that our chart says that $30 is surmountable, is another piece of evidence for us that indicates this can be very good long term investment.</p><p><blockquote>我们认为PLTR上的这张图表很漂亮。因为我们认为它告诉你，在任何类型的市场顺风下，一旦PLTR升至30美元左右，它就可以飞得更远。更远。由于我们的基本面分析告诉我们50-60美元/股是可能的，我们的图表显示30美元是可以克服的，这对我们来说是另一个证据，表明这可能是一项非常好的长期投资。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/46156df04fcc804d791f980313140d41\" tg-width=\"640\" tg-height=\"299\"><span>Source: TradingView, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TradingView、Cestrian分析</span></p></blockquote></p><p> Now, if you are an actual technical analyst you can skip what follows because either (1) you already figured it or more likely (2) you have a different and better take on the chart on account of being an actual technical analyst. We aren't technical analysts. We just like messing about with Crayolas. But this is our take:</p><p><blockquote>现在，如果你是一个真正的技术分析师，你可以跳过下面的内容，因为要么（1）你已经想通了，要么更有可能（2）因为你是一个真正的技术分析师，你对图表有不同的更好的看法。我们不是技术分析师。我们只是喜欢摆弄克雷奥拉。但这是我们的看法：</blockquote></p><p></p><p> <ul>  <li>This chart shows the whole period from direct listing to today.</li>  <li>The wide colored horizontal bands show something called the Fibonacci retracement levels. That's a complicated way of saying, if you look at the runup of the stock from its lows to its highs, at what levels on the way back down is it likely to find support? Due to (i) some poorly-understood interlinking between absolute numbers and mammalian brain structure (no, really) and more importantly (ii) the fact that everybody trades according to Fib levels, you can see PLTR find support on the way back down at firstly the 50% retracement (= lost half the value gained on the runup) briefly during February, then it drops quickly to the 61.8% retracement level in late February and hovers around it till early May, whereupon it really starts digging and nearly hits the 78.6% retracement level. That is one big ol selloff, too much by any measure, which is why you see that big, fast reversal on May 11. And allowing for a little oscillation, the stock has moved up since then.</li>  <li>The upward-sloping thick black line on the right hand side of the chart shows you a rising support level through May and June. The stock is making higher lows each day, which is bullish.</li>  <li>Now the interesting part. Those blue and yellow lines protruding from right to left tell you the historic volumes of stock traded at any given price. The thick black horizontal line is the \"point of control\" ie. the center of gravity of all those sales. And, lo and behold, between that rising support line and the point of control line, you can see the stock moving up and wanting to punch up through that point of control line. Which is, as you can see, a line of resistance or support stretching back to November 2020. This is why we<i>love</i>stock charts, because of the magic they sometimes reveal.</li>  <li>Palantir stock is in a firefight between bulls and bears right now. Every time it moves up some, you have a whole lot of people saying, phew and double phew I got my money back or most of it, and selling. And that rush to liquidate is holding up the stock's move upwards. But sooner or later, in our view, the supply of shares for sale will dry up. Because, one, the market is warming to growth names and, two, PLTR is doing well on its fundamentals and is likely to see some improved sentiment around the market. So if the stock can push up to where you see relatively few stocks traded, relatively few disappointed owners - the $30 zone and beyond - then we think the relentless supply of \"for sale\" shares is likely to dry up. And<i>that</i>means the stock can move up much more easily from say $30-40 than it can from $20-30.</li> </ul> So, our view here is simple. Company fundamentals strong and improving. Market backdrop, warming towards growth names. Stock chart saying, just a little bit further now, just a little more supply of shares-for-sale from \"weak hands\" as the meme fraternity likes to say, and then this stock can really move up.</p><p><blockquote><ul><li>这张图表显示了从直接上市到今天的整个时期。</li><li>宽彩色水平带显示了所谓的斐波那契回撤位。这是一种复杂的说法，如果你看看该股从低点到高点的上涨，那么在回落的过程中，它可能会在什么水平找到支撑？由于（i）绝对数字和哺乳动物大脑结构之间的一些知之甚少（不，真的），更重要的是（ii）每个人都根据Fib水平进行交易的事实，你可以看到PLTR在下跌的过程中找到支撑，首先是在2月份短暂的50%回撤位（=损失了上涨时获得的价值的一半），然后在2月底迅速跌至61.8%回撤位，并在该回撤位附近徘徊，直到5月初，然后它真正开始挖掘，几乎触及78.6%回撤位。这是一次大规模的ol抛售，无论以何种标准衡量都太多了，这就是为什么你会在5月11日看到如此大而快速的逆转。考虑到小幅波动，该股此后一直在上涨。</li><li>图表右侧向上倾斜的粗黑线显示了整个五月和六月的支撑位上升。该股每天都在创下更高的低点，这是看涨的。</li><li>现在有趣的部分。这些从右向左突出的蓝色和黄色线告诉您在任何给定价格下股票的历史交易量。黑色粗横线即为“控制点”即。所有这些销售的重心。而且，你瞧，在上升的支撑线和控制线之间，你可以看到股票在上涨，并希望突破控制线的那个点。正如您所看到的，这是一条可以追溯到2020年11月的阻力或支撑线。这就是为什么我们<i>爱</i>股票图表，因为它们有时揭示的魔力。</li><li>Palantir股票目前正处于多头和空头之间的交火之中。每次价格上涨时，都会有很多人说，唷，加倍唷，我拿回了我的钱或大部分钱，然后卖掉了。这种急于清算的行为阻碍了该股的上涨。但在我们看来，待售股票的供应迟早会枯竭。因为，第一，市场对成长型股票的兴趣正在升温，第二，PLTR的基本面表现良好，市场情绪可能会有所改善。因此，如果该股能够上涨到你看到交易股票相对较少、失望的所有者相对较少的水平——30美元区域及以上——那么我们认为“待售”股票的持续供应可能会枯竭。和<i>那个</i>意味着该股从30-40美元上涨比从20-30美元上涨要容易得多。</li></ul>所以，我们的观点很简单。公司基本面强劲且不断改善。市场背景，成长股升温。股票图表显示，现在只要再往前一点，就像迷因兄弟会喜欢说的那样，“弱手”提供更多的待售股票，然后这只股票就可以真正上涨。</blockquote></p><p> <b>Is Palantir Stock A Buy, Sell Or Hold Now?</b></p><p><blockquote><b>Palantir股票现在是买入、卖出还是持有？</b></blockquote></p><p> If you bought the stock at $40-something and your best-friend-turned-nemesis broker is calling asking for their margin back, well, you may not have a choice. But if you do have a choice in the matter, and you have a time horizon longer than the weekend (which, diamond hands notwithstanding, seems to be the extent of the meme community's outlook), we think PLTR stock is a resounding Buy. Fundamentals good, chart good, market improving, whole bunch of retail investors likely to suddenly warm up to the stock once it does start making a move, whole bunch of institutions likely to be buying in during this consolidation period. Buy.</p><p><blockquote>如果您以40美元左右的价格购买了股票，而您最好的朋友变成了克星的经纪人打电话要求退还保证金，那么，您可能别无选择。但如果你在这件事上确实有选择，并且你的时间范围比周末更长（尽管有钻石手，这似乎是模因社区的前景），我们认为PLTR股票是一个响亮的买入。基本面良好，图表良好，市场正在改善，一旦该股开始走势，一大群散户投资者可能会突然对该股产生热情，一大群机构可能会在此盘整期间买入。购买。</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>Palantir Stock In 5 Years: What To Consider<blockquote>Palantir股票5年后：需要考虑什么</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\">\nPalantir Stock In 5 Years: What To Consider<blockquote>Palantir股票5年后：需要考虑什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seekingalpha</strong><span class=\"h-time small\">2021-06-14 08:27</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir Technologies, for all the furore surrounding the stock, is simply an enterprise software business, and a good one to boot.</li>  <li>Financial fundamentals are much better than the company is usually given credit for, and the stock price is, we believe, at an attractive buy point.</li>  <li>In our view, the key with this name is to ignore all the noise on your stock board of choice.</li>  <li>Looking five years out, we think this stock can be a huge winner, and we hold the name in staff personal accounts as a result.</li>  <li>We remain at Buy on Palantir.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb61d2356557cc39d32afc673a3ff65b\" tg-width=\"1536\" tg-height=\"864\" referrerpolicy=\"no-referrer\"><span>kanawatvector/iStock via Getty Images</span></p><p><blockquote><ul><li>尽管Palantir Technologies的股票引起了轩然大波，但它只是一家企业软件企业，而且是一家不错的企业。</li><li>财务基本面比该公司通常被认为的要好得多，而且我们认为股价处于有吸引力的买入点。</li><li>在我们看来，这个名字的关键是忽略你选择的股票板上的所有噪音。</li><li>展望五年后，我们认为这只股票可能会成为巨大的赢家，因此我们将这个名字保存在员工个人账户中。</li><li>我们维持对Palantir的买入评级。</li></ul><p class=\"t-img-caption\"><span>kanawatvector/iStock来自Getty Images</span></p></blockquote></p><p> <b>Make Like A Palantirian - Focus On The Signal, Not The Noise</b></p><p><blockquote><b>像Palantirian一样制作——关注信号，而不是噪音</b></blockquote></p><p> If you talk to users of Palantir Technologies(NYSE:PLTR)software, and we have, they will tell you that the main benefit of the company's technology is that it is able to pull together data from multiple sources and make sense of it all both quickly and easily. It does not require armies of business or data analysts sat in the basement to produce reports digestible by the folks in the big offices on the top floor. This means that correctly deployed, the products offer the dream of analytics companies since the days when \"extract, transform, load\" was new and cool - reduced cost of report production and increased actionability of those reports. Thus far we have yet to talk to a user that didn't think the software had changed their business for the better. No doubt there are some dissatisfied users, but we've yet to speak to any.</p><p><blockquote>如果您与Palantir Technologies（纽约证券交易所股票代码：PLTR）软件的用户交谈（我们已经这样做了），他们会告诉您该公司技术的主要好处是它能够将来自多个来源的数据汇集在一起并理解所有这些既快速又轻松。它不需要坐在地下室的大量业务或数据分析师来制作顶层大办公室的人们可以理解的报告。这意味着，如果部署正确，这些产品将提供分析公司的梦想，因为“提取、转换、加载”是新的和酷的时代——降低报告制作的成本，提高这些报告的可操作性。到目前为止，我们还没有和一个不认为该软件让他们的业务变得更好的用户交谈过。毫无疑问，有一些不满意的用户，但我们还没有与任何人交谈。</blockquote></p><p> Partly of the management team's own making (\"we love retail investors\"), partly due to the \"master of the dark arts\" reputation the company had fostered during its long gestation period as a privately-owned, CIA-backed business, and partly due to the zeitgeist, Palantir is an incredibly well-followed stock and one that seemingly causes angst amongst shareholders and non-shareholders alike. Just go check your favorite stock board and see the screeching. Our choice of poison is the PLTR board on StockTwits, which ishere. We can use this as an example of the strangely high level of interest in this enterprise software stock. It has 168k followers on that board, which compared to others on the platform is half as many as Microsoft and perhaps of more relevance, more than half as many as the current meme favorite, AMC. And the posts are absolutely breathless. Again, this is an enterprise software company, not an altcoin.</p><p><blockquote>部分原因是管理团队自己创造的（“我们热爱散户投资者”），部分原因是该公司在作为一家私营、中央情报局支持的企业的漫长孕育期内培养了“黑魔法大师”的声誉，部分原因是由于时代精神，Palantir是一只非常受欢迎的股票，似乎也引起了股东和非股东的焦虑。去看看你最喜欢的股票板，看看尖叫声。我们选择的毒药是StockTwits上的PLTR板，就在这里。我们可以以此为例，说明人们对这种企业软件股票的兴趣异常高。它在该板上拥有16.8万名粉丝，与平台上的其他粉丝相比，这一数字是微软的一半，而且可能更相关，是当前最受欢迎的迷因AMC的一半以上。帖子绝对令人窒息。还是那句话，这是一家企业软件公司，而不是山寨币。</blockquote></p><p> If you own PLTR stock or are thinking of doing so, our exhortation to you would be to take a step back, calm down, and with a cool head look at the numbers and the stock chart. This is our approach, and it has lead to the name being a high-conviction favorite of ours. When the stock has swooned, we're relaxed; if it moves up in the coming days and weeks, we'll be relaxed. Palantir is, we think, a very strong long term hold stock. If we can leave you with one thought after you read our analysis, it would be: focus on the signal, ignore the noise. And that, after all, is what Palantir Technologies customers pay it to help them do. As a shareholder? The stock can pay you for doing the same.</p><p><blockquote>如果你拥有或者正在考虑这样做，我们劝你退后一步，冷静下来，冷静地看待这些数字和股票图表。这是我们的方法，它导致这个名字成为我们非常喜欢的名字。当股票暴跌时，我们会放松；如果它在未来几天和几周内上升，我们就会放松。我们认为，Palantir是一只非常强劲的长期持有股票。如果在你读完我们的分析后，我们可以给你留下一个想法，那就是：关注信号，忽略噪音。毕竟，这就是Palantir Technologies客户付费帮助他们做的事情。作为股东？股票可以支付你做同样的事情。</blockquote></p><p> <b>PLTR Stock Price</b></p><p><blockquote><b>PLTR股价</b></blockquote></p><p> Let's first take a look at PLTR's stock price and its evolution since the direct listing last year. It has, in short, been rather volatile.</p><p><blockquote>我们先来看看PLTR的股价及其自去年直接上市以来的演变情况。简而言之，它相当不稳定。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c352517d3fdee0325a7ed80cfe61207\" tg-width=\"640\" tg-height=\"379\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> It's the volatility that leads to some of the stock board screeching. But if you just step back you would say that thus far this has been a terrifically successful direct listing, with the stock up 150% since then, versus mid-20s% total returns from the main indices (we use the SPY and QQQ ETFs above as proxies for the S&amp;P500 and the Nasdaq respectively).</p><p><blockquote>正是波动性导致了一些股票董事会的尖叫。但如果你退后一步，你会说，到目前为止，这是一次非常成功的直接上市，自那时以来，该股上涨了150%，而主要指数的总回报率为20%左右（我们使用SPDR标普500指数ETF和QQQ ETF上面分别作为S&amp;P 500和纳斯达克的代理）。</blockquote></p><p> If you look shorter term, since the February 2021 highs, you can see more cause for concern among short-term holders. This chart runs from 1 February this year, to date.</p><p><blockquote>如果你看短期，自2021年2月高点以来，你会发现短期持有者有更多担忧的理由。这张图表从今年2月1日开始至今。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b6e221de3f33956330342f0010cb029\" tg-width=\"640\" tg-height=\"381\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> Since, inevitably, many people buy near the top of a run, this means there are many holders sat on a loss and hoping for a recovery, and probably many that have sold, absorbing the loss. As always, if you zoom too far in, you can miss the big picture. We believe Palantir stock has a very bright future.</p><p><blockquote>由于不可避免地，许多人在接近运行顶部时买入，这意味着有许多持有者坐在亏损并希望复苏，可能还有许多人已经卖出，吸收了损失。和往常一样，如果你放大得太远，你可能会错过大局。我们相信Palantir股票有着非常光明的未来。</blockquote></p><p> <b>Palantir Valuation</b></p><p><blockquote><b>Palantir估值</b></blockquote></p><p></p><p> By way of background, here's the numbers on PLTR. The table below is patchy because as a new issue, it takes time for the company's SEC reports to build up a picture of the past. In 3-4 quarters' time we will be able to see a much clearer picture of the quarter-to-quarter history and how the growth flywheel is moving. First, revenue down to EBITDA.</p><p><blockquote>作为背景，这是PLTR上的数字。下表是不完整的，因为作为一个新问题，该公司的SEC报告需要时间来建立过去的画面。在3-4个季度的时间里，我们将能够更清楚地了解季度历史以及增长飞轮的运行情况。首先，收入降至EBITDA。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ef965d0aa18087da24ed87c59e9377a\" tg-width=\"505\" tg-height=\"680\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> Now, capex down to net debt and remaining performance obligation.</p><p><blockquote>现在，资本支出降至净债务和剩余履约义务。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07de8f157aa9059c61db0a5fdcacbcc4\" tg-width=\"496\" tg-height=\"411\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> The first half of 2021 has been characterized by a material selloff in growth names, with value stocks being the principal beneficiary. In recent weeks, the market has become a little kinder to growth names and in our house view, that will persist for the remainder of the year. Palantir's valuation multiples have moved up materially of late, which partly reflects the market's warming towards growth names, and partly the improvement in PLTR's own growth rates that you see above.</p><p><blockquote>2021年上半年的特点是成长型股票大幅抛售，价值型股票是主要受益者。最近几周，市场对成长型公司变得更加友好，在我们看来，这种情况将持续到今年剩余时间。Palantir的估值倍数最近大幅上升，部分反映了市场对成长型公司的升温，部分反映了您在上面看到的PLTR自身增长率的改善。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eade11b880c661731fab7c27c81d528f\" tg-width=\"640\" tg-height=\"378\"><span>Source: YCharts.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：YCharts.com</span></p></blockquote></p><p> Folks get all steamed up about valuation multiples - is stock X<i>really</i>worth Y times revenue or Z times cashflow? - but in truth, there is no science to it. In a bull market for growth names, the faster you grow and the more profitably you do it and the more visibility you have into future growth, the more expensive your stock, relative to other such stocks. In valuation, everything is relative, there are no absolutes. Ten years ago, paying 10x TTM revenue for a software company was considered expensive, today, plenty trade at 40x TTM revenue plus. It just is what it is.</p><p><blockquote>人们对估值倍数感到非常愤怒——是股票X<i>真的</i>价值Y倍收入还是Z倍现金流？——但事实上，这并不科学。在成长型股票的牛市中，你增长得越快，利润越高，对未来增长的了解越多，你的股票相对于其他此类股票就越贵。在估值中，一切都是相对的，没有绝对。十年前，为一家软件公司支付10倍TTM收入被认为是昂贵的，而今天，大量交易的价格是40倍TTM收入以上。事情就是这样。</blockquote></p><p> Palantir today trades at the following multiples:</p><p><blockquote>Palantir今天的交易倍数如下：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddbc7d4aca650c4e6b406c336671ec9b\" tg-width=\"246\" tg-height=\"299\"><span>Source: Company SEC filings, YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> The EBITDA and cashflow multiples are clearly absurd if you think that discounted cashflow is any kind of way to measure stock valuations, but since we think DCF is about as relevant to valuing growth names as is the color of the company's logo, we don't take any notice of that. 35x TTM revenue for a business with long-lived government and corporate contracts, the demonstrated ability to generate both accounting and cash profits, and growing revenue at 49% in Q1 vs the prior year Q1? In the current market context that seems fine to us.</p><p><blockquote>如果你认为折现现金流是衡量股票估值的任何方式，EBITDA和现金流倍数显然是荒谬的，但由于我们认为DCF与估值增长名称和公司标志的颜色一样相关，我们没有注意到这一点。对于一家拥有长期政府和企业合同的企业来说，TTM收入是35倍，具有产生会计和现金利润的能力，并且第一季度的收入比上一年增长了49%？在当前的市场背景下，这对我们来说似乎很好。</blockquote></p><p> <b>Is Palantir A Long-Term Stock?</b></p><p><blockquote><b>Palantir是长期股票吗？</b></blockquote></p><p> So, is Palantir a good long-term stock? We find scant assistance from sell-side analyst targets which seem to range from $17-30 looking twelve months out.</p><p><blockquote>那么，Palantir是一只好的长期股票吗？我们发现卖方分析师的目标帮助很少，12个月后的目标范围似乎在17-30美元之间。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f3ef1518eb94d1152c976ad16e462bb\" tg-width=\"640\" tg-height=\"223\"><span>Source: TipRanks</span></p><p><blockquote><p class=\"t-img-caption\"><span>来源：TipRanks</span></p></blockquote></p><p> We think the answer lies in doing two kinds of actual analysis (as opposed to just deciding the stock might move up a few dollars or down a few dollars which appears to be the basis of price targets!).</p><p><blockquote>我们认为答案在于进行两种实际分析（而不是仅仅决定股票可能上涨几美元或下跌几美元，这似乎是价格目标的基础！）.</blockquote></p><p> <b>Palantir Stock Forecast In 5 Years</b></p><p><blockquote><b>Palantir 5年后股票预测</b></blockquote></p><p> <b>Fundamental Analysis</b></p><p><blockquote><b>基本面分析</b></blockquote></p><p> The first kind of analysis we think is helpful here is to consider the fundamentals. Here we take the management team's commentary on likely forward growth rates (they target 30% long-run growth), but jacked them<i>up</i>a little because we think the team is sandbagging somewhat. We then assign rising EBITDA margins, cap them at what used to be about right for a well-run enterprise software and services business - 20% - it's quite possible that PLTR can beat this if they hand over much of the services work to consultant partners over time, but let's say 20% terminal EBITDA margins for now. Then we assign a cautious rate of conversion of EBITDA into unlevered pre-tax free cashflow (= EBITDA - capex - change in working capital) such that around 20% of EBITDA leaks into the ether somehow. (This is just a way to model cash generation conservatively. If 20% leaked somewhere it would show up on the balance sheet in poor receivables or huge prepayments or something else. It's a modeling device, it's not real).</p><p><blockquote>我们认为在这里有帮助的第一种分析是考虑基本面。在这里，我们听取了管理团队对可能的远期增长率的评论（他们的长期增长率目标是30%），但拒绝了他们<i>向上</i>一点是因为我们认为团队有点沙袋。然后，我们分配不断上升的EBITDA利润率，将其限制在过去对于运营良好的企业软件和服务业务来说是正确的水平——20%——如果PLTR将大部分服务工作移交给顾问合作伙伴，他们很有可能超越这一水平随着时间的推移，但目前我们假设终端EBITDA利润率为20%。然后，我们指定一个谨慎的EBITDA转换为无杠杆税前自由现金流（=EBITDA-资本支出-营运资本变化）的比率，以便大约20%的EBITDA以某种方式泄漏到乙醚中。（这只是一种保守地模拟现金生成的方法。如果20%在某个地方泄露，它会出现在资产负债表上的坏账或巨额预付款或其他东西中。是建模装置，不是真的）。</blockquote></p><p> Back to valuation multiples for a moment.</p><p><blockquote>暂时回到估值倍数。</blockquote></p><p></p><p> Where valuation multiples<i>do</i>matter is in the direction of travel between the time you buy a stock and the time you sell it. If multiples expand, that is the greatest source of free money you ever could hope for. Alchemy has nothing on multiple expansion. And if they compress, you can own a company performing wonderfully on its financial statements yet its stock may just not move up at all, or, worse, go down. From a fundamentals perspective, this is the key question long term investors need to ask of PLTR stock. In our house view the company will continue to perform well. The principal risk to returns comes from whether multiples will expand, compress, or stay level. In our 5-year outlook we assume those multiples will tail off somewhat. That's not based on any Fed-whispering, inflation analysis, velocity of money circulation enquiry or anything like that. It's just a modestly cautious modeling device. Multiples could go up a lot, down a lot, stay flat. Who knows. But you have to come up with some assumptions to forecast a stock on fundamentals, so, these are our working assumptions.</p><p><blockquote>其中估值倍数<i>做</i>物质在你买入股票和卖出股票之间的传播方向上。如果倍数扩大，这是你所希望的最大的免费资金来源。炼金术没有任何关于倍数膨胀的东西。如果它们压缩，你可以拥有一家财务报表表现出色的公司，但其股票可能根本不会上涨，或者更糟的是，会下跌。从基本面角度来看，这是长期投资者需要询问PLTR股票的关键问题。在我们看来，该公司将继续表现良好。回报的主要风险来自市盈率是扩大、压缩还是保持在水平。在我们的5年展望中，我们假设这些市盈率将有所下降。这不是基于任何美联储窃窃私语、通胀分析、货币流通速度调查或类似的东西。这只是一个适度谨慎的建模设备。倍数可能会上升很多，下降很多，保持持平。谁知道呢。但你必须提出一些假设来根据基本面预测股票，所以，这些是我们的工作假设。</blockquote></p><p> Put all that stuff together could point to a runup from $24 today to $50 or so in 2024, and on to $60 or so in 2025. Now, compared to playingmeme stockswith the best of them, that's not very exciting. But compared to most periods of investing in stocks, doubling your money in three years isn't so bad.</p><p><blockquote>将所有这些因素放在一起可能会导致价格从今天的24美元上涨到2024年的50美元左右，并在2025年上涨到60美元左右。现在，与他们中最好的人一起玩模因股票相比，这并不是很令人兴奋。但与大多数股票投资时期相比，三年内让你的钱翻倍并没有那么糟糕。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d4e004057976b6da047f994b01b5a99\" tg-width=\"439\" tg-height=\"288\"><span>Source: Company SEC filings,YCharts.com, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：公司SEC文件、YCharts.com、Cestrian Analysis</span></p></blockquote></p><p> From a fundamentals point of view, we see the key risks as fairly simple. One, can the company get out of its own way, meaning, can it execute an increasing pure software model, farming more and more services out to integrator partners. We really do not want to see the company making its numbers by selling consulting time - that's not scalable and is as a result not worth anything like the kinds of multiples above, which assume a software business model. And two, will those multiples hold up. So, quarter to quarter, in our live coverage of the business, that's what we're looking at. Revenue growth vs. gross margin vs. UFCF margins (that tells you all you need to know about the type of revenue and its valuation potential), and, prevailing market multiples for growth names.</p><p><blockquote>从基本面的角度来看，我们认为主要风险相当简单。第一，公司能否走出自己的路，也就是说，它能否执行越来越多的纯软件模式，向集成商合作伙伴提供越来越多的服务。我们真的不希望看到该公司通过出售咨询时间来盈利——这是不可扩展的，因此不值得像上述假设软件商业模式的倍数那样。第二，这些倍数能持续下去吗？因此，每季度一次，在我们对业务的现场报道中，这就是我们所关注的。收入增长与毛利率与UFCF利润率（这告诉您有关收入类型及其估值潜力所需了解的所有信息），以及成长型公司的现行市场倍数。</blockquote></p><p> <b>Chart Analysis</b></p><p><blockquote><b>图表分析</b></blockquote></p><p> Chart analysis is particularly relevant to the near term outlook for PLTR and that is itself relevant to the long term, because very often the prevailing view on this name seems to be something highly analytical like, \"it will never see $40 again lol\". The fact that the stock is a little stuck below $25 despite improving fundamentals and a thawing market for growth names isn't any kind of magic. It's just simple demand and supply. The chart below shows you that in that $25 zip code there have been a<i>whole</i>lot of shares traded in the past. And we know that PLTR is a favorite of retail - that 168k follower number above tells you that. And we know that diamond hands are something of a myth among retail investors. When markets drop hard like growth did in H1 2021, then come back, you very often can find folks very happy just to make their money back, or most of it. Relieved, having bought PLTR at say $25-30, folks start selling, because at one point they were looking at a $17 handle and saying, please don't send me a margin call now, pretty please.</p><p><blockquote>图表分析与PLTR的近期前景特别相关，而PLTR本身也与长期前景相关，因为对这个名字的普遍看法往往是高度分析性的，比如“它再也不会看到40美元了，哈哈”。尽管基本面有所改善且成长型股票市场正在解冻，但该股仍略低于25美元，这一事实并不是什么魔法。只是简单的需求和供给。下面的图表向您展示了在25美元邮政编码中有一个<i>整体</i>过去交易了很多股票。我们知道PLTR是零售业的最爱——上面的16.8万粉丝数量告诉你这一点。我们知道钻石手在散户投资者中是一个神话。当市场像2021年H1那样大幅下跌，然后回来时，你经常会发现人们非常高兴，只是为了赚回他们的钱，或者大部分钱。人们松了口气，以25-30美元的价格购买了PLTR，开始抛售，因为有一次他们看着17美元的手柄说，请不要现在给我看涨期权的保证金，非常好。</blockquote></p><p> This chart looks horribly complicated, but like all stock charts, it isn't really, once you free your mind and think about what it is telling you about what market participants are doing.</p><p><blockquote>这张图表看起来非常复杂，但就像所有股票图表一样，一旦你解放思想并思考它告诉你市场参与者在做什么，它就不是真的了。</blockquote></p><p> If you think stock charts are bunk, they aren't. Prepared correctly they can sometimes tell you a<i>lot</i>about the future direction of a stock. So, even if you think this is just some kind of kindergarten coloring-in contest which has gotten carried away with itself, bear with us.</p><p><blockquote>如果你认为股票图表是废话，事实并非如此。如果准备得当，他们有时会告诉你<i>很多</i>关于一只股票未来的走向。所以，即使你认为这只是某种已经忘乎所以的幼儿园填色比赛，也请容忍我们。</blockquote></p><p> We think this chart on PLTR is a beauty. Because we think it tells you that with any kind of market tailwind, once PLTR pushes up to $30 or so, it can fly much further. Much further. And since our fundamental analysis tells us that $50-60/share is possible, that our chart says that $30 is surmountable, is another piece of evidence for us that indicates this can be very good long term investment.</p><p><blockquote>我们认为PLTR上的这张图表很漂亮。因为我们认为它告诉你，在任何类型的市场顺风下，一旦PLTR升至30美元左右，它就可以飞得更远。更远。由于我们的基本面分析告诉我们50-60美元/股是可能的，我们的图表显示30美元是可以克服的，这对我们来说是另一个证据，表明这可能是一项非常好的长期投资。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/46156df04fcc804d791f980313140d41\" tg-width=\"640\" tg-height=\"299\"><span>Source: TradingView, Cestrian Analysis</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：TradingView、Cestrian分析</span></p></blockquote></p><p> Now, if you are an actual technical analyst you can skip what follows because either (1) you already figured it or more likely (2) you have a different and better take on the chart on account of being an actual technical analyst. We aren't technical analysts. We just like messing about with Crayolas. But this is our take:</p><p><blockquote>现在，如果你是一个真正的技术分析师，你可以跳过下面的内容，因为要么（1）你已经想通了，要么更有可能（2）因为你是一个真正的技术分析师，你对图表有不同的更好的看法。我们不是技术分析师。我们只是喜欢摆弄克雷奥拉。但这是我们的看法：</blockquote></p><p></p><p> <ul>  <li>This chart shows the whole period from direct listing to today.</li>  <li>The wide colored horizontal bands show something called the Fibonacci retracement levels. That's a complicated way of saying, if you look at the runup of the stock from its lows to its highs, at what levels on the way back down is it likely to find support? Due to (i) some poorly-understood interlinking between absolute numbers and mammalian brain structure (no, really) and more importantly (ii) the fact that everybody trades according to Fib levels, you can see PLTR find support on the way back down at firstly the 50% retracement (= lost half the value gained on the runup) briefly during February, then it drops quickly to the 61.8% retracement level in late February and hovers around it till early May, whereupon it really starts digging and nearly hits the 78.6% retracement level. That is one big ol selloff, too much by any measure, which is why you see that big, fast reversal on May 11. And allowing for a little oscillation, the stock has moved up since then.</li>  <li>The upward-sloping thick black line on the right hand side of the chart shows you a rising support level through May and June. The stock is making higher lows each day, which is bullish.</li>  <li>Now the interesting part. Those blue and yellow lines protruding from right to left tell you the historic volumes of stock traded at any given price. The thick black horizontal line is the \"point of control\" ie. the center of gravity of all those sales. And, lo and behold, between that rising support line and the point of control line, you can see the stock moving up and wanting to punch up through that point of control line. Which is, as you can see, a line of resistance or support stretching back to November 2020. This is why we<i>love</i>stock charts, because of the magic they sometimes reveal.</li>  <li>Palantir stock is in a firefight between bulls and bears right now. Every time it moves up some, you have a whole lot of people saying, phew and double phew I got my money back or most of it, and selling. And that rush to liquidate is holding up the stock's move upwards. But sooner or later, in our view, the supply of shares for sale will dry up. Because, one, the market is warming to growth names and, two, PLTR is doing well on its fundamentals and is likely to see some improved sentiment around the market. So if the stock can push up to where you see relatively few stocks traded, relatively few disappointed owners - the $30 zone and beyond - then we think the relentless supply of \"for sale\" shares is likely to dry up. And<i>that</i>means the stock can move up much more easily from say $30-40 than it can from $20-30.</li> </ul> So, our view here is simple. Company fundamentals strong and improving. Market backdrop, warming towards growth names. Stock chart saying, just a little bit further now, just a little more supply of shares-for-sale from \"weak hands\" as the meme fraternity likes to say, and then this stock can really move up.</p><p><blockquote><ul><li>这张图表显示了从直接上市到今天的整个时期。</li><li>宽彩色水平带显示了所谓的斐波那契回撤位。这是一种复杂的说法，如果你看看该股从低点到高点的上涨，那么在回落的过程中，它可能会在什么水平找到支撑？由于（i）绝对数字和哺乳动物大脑结构之间的一些知之甚少（不，真的），更重要的是（ii）每个人都根据Fib水平进行交易的事实，你可以看到PLTR在下跌的过程中找到支撑，首先是在2月份短暂的50%回撤位（=损失了上涨时获得的价值的一半），然后在2月底迅速跌至61.8%回撤位，并在该回撤位附近徘徊，直到5月初，然后它真正开始挖掘，几乎触及78.6%回撤位。这是一次大规模的ol抛售，无论以何种标准衡量都太多了，这就是为什么你会在5月11日看到如此大而快速的逆转。考虑到小幅波动，该股此后一直在上涨。</li><li>图表右侧向上倾斜的粗黑线显示了整个五月和六月的支撑位上升。该股每天都在创下更高的低点，这是看涨的。</li><li>现在有趣的部分。这些从右向左突出的蓝色和黄色线告诉您在任何给定价格下股票的历史交易量。黑色粗横线即为“控制点”即。所有这些销售的重心。而且，你瞧，在上升的支撑线和控制线之间，你可以看到股票在上涨，并希望突破控制线的那个点。正如您所看到的，这是一条可以追溯到2020年11月的阻力或支撑线。这就是为什么我们<i>爱</i>股票图表，因为它们有时揭示的魔力。</li><li>Palantir股票目前正处于多头和空头之间的交火之中。每次价格上涨时，都会有很多人说，唷，加倍唷，我拿回了我的钱或大部分钱，然后卖掉了。这种急于清算的行为阻碍了该股的上涨。但在我们看来，待售股票的供应迟早会枯竭。因为，第一，市场对成长型股票的兴趣正在升温，第二，PLTR的基本面表现良好，市场情绪可能会有所改善。因此，如果该股能够上涨到你看到交易股票相对较少、失望的所有者相对较少的水平——30美元区域及以上——那么我们认为“待售”股票的持续供应可能会枯竭。和<i>那个</i>意味着该股从30-40美元上涨比从20-30美元上涨要容易得多。</li></ul>所以，我们的观点很简单。公司基本面强劲且不断改善。市场背景，成长股升温。股票图表显示，现在只要再往前一点，就像迷因兄弟会喜欢说的那样，“弱手”提供更多的待售股票，然后这只股票就可以真正上涨。</blockquote></p><p> <b>Is Palantir Stock A Buy, Sell Or Hold Now?</b></p><p><blockquote><b>Palantir股票现在是买入、卖出还是持有？</b></blockquote></p><p> If you bought the stock at $40-something and your best-friend-turned-nemesis broker is calling asking for their margin back, well, you may not have a choice. But if you do have a choice in the matter, and you have a time horizon longer than the weekend (which, diamond hands notwithstanding, seems to be the extent of the meme community's outlook), we think PLTR stock is a resounding Buy. Fundamentals good, chart good, market improving, whole bunch of retail investors likely to suddenly warm up to the stock once it does start making a move, whole bunch of institutions likely to be buying in during this consolidation period. Buy.</p><p><blockquote>如果您以40美元左右的价格购买了股票，而您最好的朋友变成了克星的经纪人打电话要求退还保证金，那么，您可能别无选择。但如果你在这件事上确实有选择，并且你的时间范围比周末更长（尽管有钻石手，这似乎是模因社区的前景），我们认为PLTR股票是一个响亮的买入。基本面良好，图表良好，市场正在改善，一旦该股开始走势，一大群散户投资者可能会突然对该股产生热情，一大群机构可能会在此盘整期间买入。购买。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4434399-palantir-stock-5-years\">seekingalpha</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":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4434399-palantir-stock-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135926549","content_text":"Summary\n\nPalantir Technologies, for all the furore surrounding the stock, is simply an enterprise software business, and a good one to boot.\nFinancial fundamentals are much better than the company is usually given credit for, and the stock price is, we believe, at an attractive buy point.\nIn our view, the key with this name is to ignore all the noise on your stock board of choice.\nLooking five years out, we think this stock can be a huge winner, and we hold the name in staff personal accounts as a result.\nWe remain at Buy on Palantir.\n\nkanawatvector/iStock via Getty Images\nMake Like A Palantirian - Focus On The Signal, Not The Noise\nIf you talk to users of Palantir Technologies(NYSE:PLTR)software, and we have, they will tell you that the main benefit of the company's technology is that it is able to pull together data from multiple sources and make sense of it all both quickly and easily. It does not require armies of business or data analysts sat in the basement to produce reports digestible by the folks in the big offices on the top floor. This means that correctly deployed, the products offer the dream of analytics companies since the days when \"extract, transform, load\" was new and cool - reduced cost of report production and increased actionability of those reports. Thus far we have yet to talk to a user that didn't think the software had changed their business for the better. No doubt there are some dissatisfied users, but we've yet to speak to any.\nPartly of the management team's own making (\"we love retail investors\"), partly due to the \"master of the dark arts\" reputation the company had fostered during its long gestation period as a privately-owned, CIA-backed business, and partly due to the zeitgeist, Palantir is an incredibly well-followed stock and one that seemingly causes angst amongst shareholders and non-shareholders alike. Just go check your favorite stock board and see the screeching. Our choice of poison is the PLTR board on StockTwits, which ishere. We can use this as an example of the strangely high level of interest in this enterprise software stock. It has 168k followers on that board, which compared to others on the platform is half as many as Microsoft and perhaps of more relevance, more than half as many as the current meme favorite, AMC. And the posts are absolutely breathless. Again, this is an enterprise software company, not an altcoin.\nIf you own PLTR stock or are thinking of doing so, our exhortation to you would be to take a step back, calm down, and with a cool head look at the numbers and the stock chart. This is our approach, and it has lead to the name being a high-conviction favorite of ours. When the stock has swooned, we're relaxed; if it moves up in the coming days and weeks, we'll be relaxed. Palantir is, we think, a very strong long term hold stock. If we can leave you with one thought after you read our analysis, it would be: focus on the signal, ignore the noise. And that, after all, is what Palantir Technologies customers pay it to help them do. As a shareholder? The stock can pay you for doing the same.\nPLTR Stock Price\nLet's first take a look at PLTR's stock price and its evolution since the direct listing last year. It has, in short, been rather volatile.\nSource: YCharts.com\nIt's the volatility that leads to some of the stock board screeching. But if you just step back you would say that thus far this has been a terrifically successful direct listing, with the stock up 150% since then, versus mid-20s% total returns from the main indices (we use the SPY and QQQ ETFs above as proxies for the S&P500 and the Nasdaq respectively).\nIf you look shorter term, since the February 2021 highs, you can see more cause for concern among short-term holders. This chart runs from 1 February this year, to date.\nSource: YCharts.com\nSince, inevitably, many people buy near the top of a run, this means there are many holders sat on a loss and hoping for a recovery, and probably many that have sold, absorbing the loss. As always, if you zoom too far in, you can miss the big picture. We believe Palantir stock has a very bright future.\nPalantir Valuation\nBy way of background, here's the numbers on PLTR. The table below is patchy because as a new issue, it takes time for the company's SEC reports to build up a picture of the past. In 3-4 quarters' time we will be able to see a much clearer picture of the quarter-to-quarter history and how the growth flywheel is moving. First, revenue down to EBITDA.\nSource: Company SEC filings,YCharts.com, Cestrian Analysis\nNow, capex down to net debt and remaining performance obligation.\nSource: Company SEC filings,YCharts.com, Cestrian Analysis\nThe first half of 2021 has been characterized by a material selloff in growth names, with value stocks being the principal beneficiary. In recent weeks, the market has become a little kinder to growth names and in our house view, that will persist for the remainder of the year. Palantir's valuation multiples have moved up materially of late, which partly reflects the market's warming towards growth names, and partly the improvement in PLTR's own growth rates that you see above.\nSource: YCharts.com\nFolks get all steamed up about valuation multiples - is stock Xreallyworth Y times revenue or Z times cashflow? - but in truth, there is no science to it. In a bull market for growth names, the faster you grow and the more profitably you do it and the more visibility you have into future growth, the more expensive your stock, relative to other such stocks. In valuation, everything is relative, there are no absolutes. Ten years ago, paying 10x TTM revenue for a software company was considered expensive, today, plenty trade at 40x TTM revenue plus. It just is what it is.\nPalantir today trades at the following multiples:\nSource: Company SEC filings, YCharts.com, Cestrian Analysis\nThe EBITDA and cashflow multiples are clearly absurd if you think that discounted cashflow is any kind of way to measure stock valuations, but since we think DCF is about as relevant to valuing growth names as is the color of the company's logo, we don't take any notice of that. 35x TTM revenue for a business with long-lived government and corporate contracts, the demonstrated ability to generate both accounting and cash profits, and growing revenue at 49% in Q1 vs the prior year Q1? In the current market context that seems fine to us.\nIs Palantir A Long-Term Stock?\nSo, is Palantir a good long-term stock? We find scant assistance from sell-side analyst targets which seem to range from $17-30 looking twelve months out.\nSource: TipRanks\nWe think the answer lies in doing two kinds of actual analysis (as opposed to just deciding the stock might move up a few dollars or down a few dollars which appears to be the basis of price targets!).\nPalantir Stock Forecast In 5 Years\nFundamental Analysis\nThe first kind of analysis we think is helpful here is to consider the fundamentals. Here we take the management team's commentary on likely forward growth rates (they target 30% long-run growth), but jacked themupa little because we think the team is sandbagging somewhat. We then assign rising EBITDA margins, cap them at what used to be about right for a well-run enterprise software and services business - 20% - it's quite possible that PLTR can beat this if they hand over much of the services work to consultant partners over time, but let's say 20% terminal EBITDA margins for now. Then we assign a cautious rate of conversion of EBITDA into unlevered pre-tax free cashflow (= EBITDA - capex - change in working capital) such that around 20% of EBITDA leaks into the ether somehow. (This is just a way to model cash generation conservatively. If 20% leaked somewhere it would show up on the balance sheet in poor receivables or huge prepayments or something else. It's a modeling device, it's not real).\nBack to valuation multiples for a moment.\nWhere valuation multiplesdomatter is in the direction of travel between the time you buy a stock and the time you sell it. If multiples expand, that is the greatest source of free money you ever could hope for. Alchemy has nothing on multiple expansion. And if they compress, you can own a company performing wonderfully on its financial statements yet its stock may just not move up at all, or, worse, go down. From a fundamentals perspective, this is the key question long term investors need to ask of PLTR stock. In our house view the company will continue to perform well. The principal risk to returns comes from whether multiples will expand, compress, or stay level. In our 5-year outlook we assume those multiples will tail off somewhat. That's not based on any Fed-whispering, inflation analysis, velocity of money circulation enquiry or anything like that. It's just a modestly cautious modeling device. Multiples could go up a lot, down a lot, stay flat. Who knows. But you have to come up with some assumptions to forecast a stock on fundamentals, so, these are our working assumptions.\nPut all that stuff together could point to a runup from $24 today to $50 or so in 2024, and on to $60 or so in 2025. Now, compared to playingmeme stockswith the best of them, that's not very exciting. But compared to most periods of investing in stocks, doubling your money in three years isn't so bad.\nSource: Company SEC filings,YCharts.com, Cestrian Analysis\nFrom a fundamentals point of view, we see the key risks as fairly simple. One, can the company get out of its own way, meaning, can it execute an increasing pure software model, farming more and more services out to integrator partners. We really do not want to see the company making its numbers by selling consulting time - that's not scalable and is as a result not worth anything like the kinds of multiples above, which assume a software business model. And two, will those multiples hold up. So, quarter to quarter, in our live coverage of the business, that's what we're looking at. Revenue growth vs. gross margin vs. UFCF margins (that tells you all you need to know about the type of revenue and its valuation potential), and, prevailing market multiples for growth names.\nChart Analysis\nChart analysis is particularly relevant to the near term outlook for PLTR and that is itself relevant to the long term, because very often the prevailing view on this name seems to be something highly analytical like, \"it will never see $40 again lol\". The fact that the stock is a little stuck below $25 despite improving fundamentals and a thawing market for growth names isn't any kind of magic. It's just simple demand and supply. The chart below shows you that in that $25 zip code there have been awholelot of shares traded in the past. And we know that PLTR is a favorite of retail - that 168k follower number above tells you that. And we know that diamond hands are something of a myth among retail investors. When markets drop hard like growth did in H1 2021, then come back, you very often can find folks very happy just to make their money back, or most of it. Relieved, having bought PLTR at say $25-30, folks start selling, because at one point they were looking at a $17 handle and saying, please don't send me a margin call now, pretty please.\nThis chart looks horribly complicated, but like all stock charts, it isn't really, once you free your mind and think about what it is telling you about what market participants are doing.\nIf you think stock charts are bunk, they aren't. Prepared correctly they can sometimes tell you alotabout the future direction of a stock. So, even if you think this is just some kind of kindergarten coloring-in contest which has gotten carried away with itself, bear with us.\nWe think this chart on PLTR is a beauty. Because we think it tells you that with any kind of market tailwind, once PLTR pushes up to $30 or so, it can fly much further. Much further. And since our fundamental analysis tells us that $50-60/share is possible, that our chart says that $30 is surmountable, is another piece of evidence for us that indicates this can be very good long term investment.\nSource: TradingView, Cestrian Analysis\nNow, if you are an actual technical analyst you can skip what follows because either (1) you already figured it or more likely (2) you have a different and better take on the chart on account of being an actual technical analyst. We aren't technical analysts. We just like messing about with Crayolas. But this is our take:\n\nThis chart shows the whole period from direct listing to today.\nThe wide colored horizontal bands show something called the Fibonacci retracement levels. That's a complicated way of saying, if you look at the runup of the stock from its lows to its highs, at what levels on the way back down is it likely to find support? Due to (i) some poorly-understood interlinking between absolute numbers and mammalian brain structure (no, really) and more importantly (ii) the fact that everybody trades according to Fib levels, you can see PLTR find support on the way back down at firstly the 50% retracement (= lost half the value gained on the runup) briefly during February, then it drops quickly to the 61.8% retracement level in late February and hovers around it till early May, whereupon it really starts digging and nearly hits the 78.6% retracement level. That is one big ol selloff, too much by any measure, which is why you see that big, fast reversal on May 11. And allowing for a little oscillation, the stock has moved up since then.\nThe upward-sloping thick black line on the right hand side of the chart shows you a rising support level through May and June. The stock is making higher lows each day, which is bullish.\nNow the interesting part. Those blue and yellow lines protruding from right to left tell you the historic volumes of stock traded at any given price. The thick black horizontal line is the \"point of control\" ie. the center of gravity of all those sales. And, lo and behold, between that rising support line and the point of control line, you can see the stock moving up and wanting to punch up through that point of control line. Which is, as you can see, a line of resistance or support stretching back to November 2020. This is why welovestock charts, because of the magic they sometimes reveal.\nPalantir stock is in a firefight between bulls and bears right now. Every time it moves up some, you have a whole lot of people saying, phew and double phew I got my money back or most of it, and selling. And that rush to liquidate is holding up the stock's move upwards. But sooner or later, in our view, the supply of shares for sale will dry up. Because, one, the market is warming to growth names and, two, PLTR is doing well on its fundamentals and is likely to see some improved sentiment around the market. So if the stock can push up to where you see relatively few stocks traded, relatively few disappointed owners - the $30 zone and beyond - then we think the relentless supply of \"for sale\" shares is likely to dry up. Andthatmeans the stock can move up much more easily from say $30-40 than it can from $20-30.\n\nSo, our view here is simple. Company fundamentals strong and improving. Market backdrop, warming towards growth names. Stock chart saying, just a little bit further now, just a little more supply of shares-for-sale from \"weak hands\" as the meme fraternity likes to say, and then this stock can really move up.\nIs Palantir Stock A Buy, Sell Or Hold Now?\nIf you bought the stock at $40-something and your best-friend-turned-nemesis broker is calling asking for their margin back, well, you may not have a choice. But if you do have a choice in the matter, and you have a time horizon longer than the weekend (which, diamond hands notwithstanding, seems to be the extent of the meme community's outlook), we think PLTR stock is a resounding Buy. Fundamentals good, chart good, market improving, whole bunch of retail investors likely to suddenly warm up to the stock once it does start making a move, whole bunch of institutions likely to be buying in during this consolidation period. Buy.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134125137,"gmtCreate":1622212046029,"gmtModify":1631891119719,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Alr at $24!","listText":"Alr at $24!","text":"Alr at $24!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134125137","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135454281,"gmtCreate":1622178950343,"gmtModify":1631891119731,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135454281","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135937003,"gmtCreate":1622125584602,"gmtModify":1631891119745,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Support your conclusion","listText":"Support your conclusion","text":"Support your conclusion","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135937003","repostId":"2138120575","repostType":4,"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138018129,"gmtCreate":1621900908561,"gmtModify":1631891119756,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"HODL","listText":"HODL","text":"HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/138018129","repostId":"1163999126","repostType":4,"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":871901222,"gmtCreate":1637016385950,"gmtModify":1637016385950,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Would Tesla drop to below 800?&nbsp;","listText":"Would Tesla drop to below 800?&nbsp;","text":"Would Tesla drop to below 800?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871901222","repostId":"1105194762","repostType":4,"repost":{"id":"1105194762","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":1636990511,"share":"https://www.laohu8.com/m/news/1105194762?lang=zh_CN&edition=full","pubTime":"2021-11-15 23:35","market":"us","language":"en","title":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105194762","media":"Tiger Newspress","summary":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars.","content":"<p>Nasdaq Index turned&nbsp;down&nbsp;in morning trading with Tesla's market value fell below 1 trillion dollars.<img src=\"https://static.tigerbbs.com/201cf466934fa60cc63374e64a0db551\" tg-width=\"772\" tg-height=\"563\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c5d7f306762ab2851bfef58a237e2d55\" tg-width=\"772\" tg-height=\"560\" referrerpolicy=\"no-referrer\">According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.</p><p><blockquote>纳斯达克指数在早盘交易中转跌，特斯拉市值跌破1万亿美元。根据SEC披露的文件，马斯克12日出售了120万股特斯拉股票。至此，自11月8日以来，马斯克已出售约634万股特斯拉股票。马斯克承诺出售10%的特斯拉股票，也就是1705万股，所以马斯克只卖出了承诺的37.1%，还需要卖出至少1070万股特斯拉股票。此外，Musk暗示将出售更多特斯拉股票；“大空头”Michael Burry发推称，马斯克只想高位套现。</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>Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</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\">\nNasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars<blockquote>纳斯达克指数早盘下跌，特斯拉市值跌破1万亿美元</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\">2021-11-15 23:35</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nasdaq Index turned&nbsp;down&nbsp;in morning trading with Tesla's market value fell below 1 trillion dollars.<img src=\"https://static.tigerbbs.com/201cf466934fa60cc63374e64a0db551\" tg-width=\"772\" tg-height=\"563\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/c5d7f306762ab2851bfef58a237e2d55\" tg-width=\"772\" tg-height=\"560\" referrerpolicy=\"no-referrer\">According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.</p><p><blockquote>纳斯达克指数在早盘交易中转跌，特斯拉市值跌破1万亿美元。根据SEC披露的文件，马斯克12日出售了120万股特斯拉股票。至此，自11月8日以来，马斯克已出售约634万股特斯拉股票。马斯克承诺出售10%的特斯拉股票，也就是1705万股，所以马斯克只卖出了承诺的37.1%，还需要卖出至少1070万股特斯拉股票。此外，Musk暗示将出售更多特斯拉股票；“大空头”Michael Burry发推称，马斯克只想高位套现。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105194762","content_text":"Nasdaq Index turned down in morning trading with Tesla's market value fell below 1 trillion dollars.According to the documents disclosed by the SEC, Musk sold 1.2 million Tesla Motors shares on the 12th. So far, Musk has sold about 6.34 million Tesla Motors shares since November 8. Musk promised to sell 10% of Tesla Motors shares, that is, 17.05 million shares, so Musk has sold only 37.1% of his promise, and needs to sell at least 10.7 million shares of Tesla Motors shares. In addition, Musk hinted that he would sell more Tesla Motors shares; Michael Burry, a \"big bear\", tweeted that Musk only wanted to cash out at a high position.","news_type":1,"symbols_score_info":{".IXIC":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2944,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3583106134648492","idStr":"3583106134648492"},"content":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first.","text":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first.","html":"can't say impossible. my uneducated estimate 2 resistance points at around 1000 and 900 first."}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":105544608,"gmtCreate":1620313135804,"gmtModify":1631892936730,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Then why is PLTR dropping","listText":"Then why is PLTR dropping","text":"Then why is PLTR dropping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/105544608","repostId":"1176324368","repostType":2,"repost":{"id":"1176324368","kind":"news","pubTimestamp":1620270393,"share":"https://www.laohu8.com/m/news/1176324368?lang=zh_CN&edition=full","pubTime":"2021-05-06 11:06","market":"us","language":"en","title":"Cathie Wood continues to add shares of Skillz and Palantir<blockquote>Cathie Wood继续增持Skillz和Palantir的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176324368","media":"seeking alpha","summary":"Cathie Wood's ARK Invest continues to add shares of Skillz Inc.(NYSE:SKLZ)and Palantir Technologies ","content":"<p><ul><li>Cathie Wood's ARK Invest continues to add shares of Skillz Inc.(NYSE:SKLZ)and Palantir Technologies Inc.(NYSE:PLTR)to their actively&nbsp;managed exchange-traded funds. Yesterday, ARK Invest purchased over 3M shares of SKLZ and over 1.5M shares of PLTR.</li><li>Cathie Wood has added 2.7M shares of SKLZ to ARK Innovation ETF(NYSEARCA:ARKK)and 354K shares to ARK Next Generation Internet ETF(NYSEARCA:ARKW). SKLZ&nbsp;missed EPS by $0.02 and beat on revenue&nbsp;yesterday.</li><li>Examining PLTR, Wood added all shares right to ARKK, which now represents 1.48% of ARKK's holdings.</li><li>PLTR is also&nbsp;+116.00%&nbsp;since its launch back in September of 2020, but is now down nearly&nbsp;-52.00%&nbsp;since its all-time high back in January of this year.</li><li>Yesterday's Nasdaq sell&nbsp;off hit some growth ETFs, but Nasdaq futures are up so far&nbsp;+0.67%&nbsp;in pre-market trading.</li><li>ARKK is&nbsp;+1.54%&nbsp;in pre-market trading and closed yesterday at&nbsp;-3.10%.</li><li>ARKW is&nbsp;+1.69%&nbsp;in pre-market trading and closed yesterday at&nbsp;-2.71%.</li><li>SKLZ is&nbsp;+2.66%&nbsp;in pre-market trading and closed yesterday at&nbsp;-1.83%.</li><li>PLTR is&nbsp;+1.02%&nbsp;in pre-market trading and closed yesterday at&nbsp;-2.96%.</li><li>Cathie Wood's continued purchase of COIN shares now places ARK Invest with over $750M in total value in COIN versus all other ETFs combined, which essentially have $100M in total value.</li></ul></p><p><blockquote><ul><li>Cathie Wood的ARK Invest继续将Skillz Inc.（纽约证券交易所代码：SKLZ）和Palantir Technologies Inc.（纽约证券交易所代码：PLTR）的股票添加到其主动管理的交易所交易基金中。昨天，ARK Invest购买了超过300万股SKLZ和超过150万股PLTR。</li><li>Cathie Wood已向ARK Innovation ETF(NYSEARCA：ARKK)添加了270万股SKLZ，并向ARK下一代互联网ETF(NYSEARCA：ARKW)添加了35.4万股。SKLZ昨天每股收益落后0.02美元，但营收却超出预期。</li><li>在检查PLTR时，Wood将所有股份权添加到ARKK，目前占ARKK持股的1.48%。</li><li>自2020年9月推出以来，PLTR也上涨了116.00%，但自今年1月的历史高点以来，现在下跌了近-52.00%。</li><li>昨天的纳斯达克抛售打击了一些成长型ETF，但纳斯达克期货迄今在盘前交易中上涨了+0.67%。</li><li>ARKK在盘前交易中上涨1.54%，昨天收于-3.10%。</li><li>ARKW在盘前交易中上涨1.69%，昨天收于-2.71%。</li><li>SKLZ在盘前交易中上涨2.66%，昨天收于-1.83%。</li><li>PLTR在盘前交易中上涨1.02%，昨天收于-2.96%。</li><li>Cathie Wood继续购买COIN股票，目前ARK Invest的COIN总价值超过7.5亿美元，而所有其他ETF的总价值基本上为1亿美元。</li></ul></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>Cathie Wood continues to add shares of Skillz and Palantir<blockquote>Cathie Wood继续增持Skillz和Palantir的股票</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 continues to add shares of Skillz and Palantir<blockquote>Cathie Wood继续增持Skillz和Palantir的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">seeking alpha</strong><span class=\"h-time small\">2021-05-06 11:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><ul><li>Cathie Wood's ARK Invest continues to add shares of Skillz Inc.(NYSE:SKLZ)and Palantir Technologies Inc.(NYSE:PLTR)to their actively&nbsp;managed exchange-traded funds. Yesterday, ARK Invest purchased over 3M shares of SKLZ and over 1.5M shares of PLTR.</li><li>Cathie Wood has added 2.7M shares of SKLZ to ARK Innovation ETF(NYSEARCA:ARKK)and 354K shares to ARK Next Generation Internet ETF(NYSEARCA:ARKW). SKLZ&nbsp;missed EPS by $0.02 and beat on revenue&nbsp;yesterday.</li><li>Examining PLTR, Wood added all shares right to ARKK, which now represents 1.48% of ARKK's holdings.</li><li>PLTR is also&nbsp;+116.00%&nbsp;since its launch back in September of 2020, but is now down nearly&nbsp;-52.00%&nbsp;since its all-time high back in January of this year.</li><li>Yesterday's Nasdaq sell&nbsp;off hit some growth ETFs, but Nasdaq futures are up so far&nbsp;+0.67%&nbsp;in pre-market trading.</li><li>ARKK is&nbsp;+1.54%&nbsp;in pre-market trading and closed yesterday at&nbsp;-3.10%.</li><li>ARKW is&nbsp;+1.69%&nbsp;in pre-market trading and closed yesterday at&nbsp;-2.71%.</li><li>SKLZ is&nbsp;+2.66%&nbsp;in pre-market trading and closed yesterday at&nbsp;-1.83%.</li><li>PLTR is&nbsp;+1.02%&nbsp;in pre-market trading and closed yesterday at&nbsp;-2.96%.</li><li>Cathie Wood's continued purchase of COIN shares now places ARK Invest with over $750M in total value in COIN versus all other ETFs combined, which essentially have $100M in total value.</li></ul></p><p><blockquote><ul><li>Cathie Wood的ARK Invest继续将Skillz Inc.（纽约证券交易所代码：SKLZ）和Palantir Technologies Inc.（纽约证券交易所代码：PLTR）的股票添加到其主动管理的交易所交易基金中。昨天，ARK Invest购买了超过300万股SKLZ和超过150万股PLTR。</li><li>Cathie Wood已向ARK Innovation ETF(NYSEARCA：ARKK)添加了270万股SKLZ，并向ARK下一代互联网ETF(NYSEARCA：ARKW)添加了35.4万股。SKLZ昨天每股收益落后0.02美元，但营收却超出预期。</li><li>在检查PLTR时，Wood将所有股份权添加到ARKK，目前占ARKK持股的1.48%。</li><li>自2020年9月推出以来，PLTR也上涨了116.00%，但自今年1月的历史高点以来，现在下跌了近-52.00%。</li><li>昨天的纳斯达克抛售打击了一些成长型ETF，但纳斯达克期货迄今在盘前交易中上涨了+0.67%。</li><li>ARKK在盘前交易中上涨1.54%，昨天收于-3.10%。</li><li>ARKW在盘前交易中上涨1.69%，昨天收于-2.71%。</li><li>SKLZ在盘前交易中上涨2.66%，昨天收于-1.83%。</li><li>PLTR在盘前交易中上涨1.02%，昨天收于-2.96%。</li><li>Cathie Wood继续购买COIN股票，目前ARK Invest的COIN总价值超过7.5亿美元，而所有其他ETF的总价值基本上为1亿美元。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://cms.laohu8.com/web/news/detail-add\">seeking alpha</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":{"PLTR":"Palantir Technologies Inc.","ARKK":"ARK Innovation ETF","SKLZ":"Skillz Inc"},"source_url":"https://cms.laohu8.com/web/news/detail-add","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176324368","content_text":"Cathie Wood's ARK Invest continues to add shares of Skillz Inc.(NYSE:SKLZ)and Palantir Technologies Inc.(NYSE:PLTR)to their actively managed exchange-traded funds. Yesterday, ARK Invest purchased over 3M shares of SKLZ and over 1.5M shares of PLTR.Cathie Wood has added 2.7M shares of SKLZ to ARK Innovation ETF(NYSEARCA:ARKK)and 354K shares to ARK Next Generation Internet ETF(NYSEARCA:ARKW). SKLZ missed EPS by $0.02 and beat on revenue yesterday.Examining PLTR, Wood added all shares right to ARKK, which now represents 1.48% of ARKK's holdings.PLTR is also +116.00% since its launch back in September of 2020, but is now down nearly -52.00% since its all-time high back in January of this year.Yesterday's Nasdaq sell off hit some growth ETFs, but Nasdaq futures are up so far +0.67% in pre-market trading.ARKK is +1.54% in pre-market trading and closed yesterday at -3.10%.ARKW is +1.69% in pre-market trading and closed yesterday at -2.71%.SKLZ is +2.66% in pre-market trading and closed yesterday at -1.83%.PLTR is +1.02% in pre-market trading and closed yesterday at -2.96%.Cathie Wood's continued purchase of COIN shares now places ARK Invest with over $750M in total value in COIN versus all other ETFs combined, which essentially have $100M in total value.","news_type":1,"symbols_score_info":{"PLTR":0.9,"SKLZ":0.9,"ARKK":0.9}},"isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358157038,"gmtCreate":1616675743424,"gmtModify":1634524621410,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Inflation would happen","listText":"Inflation would happen","text":"Inflation would happen","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/358157038","repostId":"2122114714","repostType":4,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355655465,"gmtCreate":1617069783157,"gmtModify":1634522826003,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Looking to enter if price drops below 600...likely or not?","listText":"Looking to enter if price drops below 600...likely or not?","text":"Looking to enter if price drops below 600...likely or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/355655465","repostId":"1194072524","repostType":4,"repost":{"id":"1194072524","kind":"news","pubTimestamp":1617069490,"share":"https://www.laohu8.com/m/news/1194072524?lang=zh_CN&edition=full","pubTime":"2021-03-30 09:58","market":"us","language":"en","title":"Tesla Stock Target Cut by Analyst Because Old Auto Makers Have More in the Tank<blockquote>分析师下调特斯拉股票目标，因为老牌汽车制造商还有更多资金</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194072524","media":"BARRON","summary":"Teslastock isdroppingin Monday trading after a former bull trimmed hisprice target. What’s more, he’sraised price targetson the legacyauto makerstocks. The Monday dip and analyst flip is leaving bullish Tesla investors wondering what is up.Jefferies analystPhilippe Houchoiscut his Tesla  stock-price target to $700 from $775. “Volatility, Bitcoin, and tweets brought noise but little fundamental change since we downgraded Tesla,” wrote the analyst in a Sunday report. There is much potential ahead,","content":"<p>Teslastock isdroppingin Monday trading after a former bull trimmed hisprice target. What’s more, he’sraised price targetson the legacyauto makerstocks. The Monday dip and analyst flip is leaving bullish Tesla investors wondering what is up.</p><p><blockquote>在一位前多头下调目标价后，特斯拉股价周一下跌。更重要的是，他提高了传统汽车制造商股票的价格目标。周一的下跌和分析师的转变让看涨特斯拉的投资者想知道发生了什么。</blockquote></p><p>Jefferies analystPhilippe Houchoiscut his Tesla (ticker: TSLA) stock-price target to $700 from $775. “Volatility, Bitcoin, and tweets brought noise but little fundamental change since we downgraded Tesla,” wrote the analyst in a Sunday report. There is much potential ahead, according to Houchois. That’s the good news. But Tesla is “no longer unique as an EV play with preferred access to capital.” The path forward is a little harder than before.</p><p><blockquote>Jefferies分析师Philippe Houchois将特斯拉（股票代码：TSLA）股价目标从775美元下调至700美元。这位分析师在周日的报告中写道：“自从我们下调特斯拉评级以来，波动性、比特币和推文带来了噪音，但几乎没有根本性变化。”Houchois表示，未来还有很大的潜力。这是个好消息。但特斯拉“作为一家优先获得资本的电动汽车公司，不再是独一无二的。”前进的道路比以前艰难了一些。</blockquote></p><p>Houchois wasBuy-ratedon Tesla stock up untilDecember, when he downgraded it to Hold with a $650 target price; shares were trading at roughly $550 at the time. It rose to $775 before getting cut Monday.</p><p><blockquote>Houchois一直对特斯拉股票给予买入评级，直到12月，他将其评级下调至持有，目标价为650美元；当时股价约为550美元。周一下调前升至775美元。</blockquote></p><p>Tesla stock is down 2.1% in midday trading. TheS&amp;P 500andDow Jones Industrial Averageare both down about 0.2%.</p><p><blockquote>特斯拉股价午盘下跌2.1%。标准普尔500指数和道琼斯工业平均指数均下跌约0.2%。</blockquote></p><p>In addition to the Tesla price cut, Houchois feels better about the legacy auto makers. He took his price target up on every single one he covers, includingFord Motor(F) andGeneral Motors(GM). His target price for Ford stock goes to $16 from $14. His target for GM stock goes to $62 from $50. Houchois rates GM stock Hold and Ford stock Buy.</p><p><blockquote>除了特斯拉降价之外，Houchois对传统汽车制造商的感觉也更好。他提高了所覆盖的每一家公司的目标价，包括福特汽车（F）和通用汽车（GM）。他对福特股票的目标价从14美元上调至16美元。他对通用汽车股票的目标从50美元上调至62美元。Houchois评级通用汽车股票持有，福特股票买入。</blockquote></p><p>He recognizes some near term challenges such as the global automotive-chip shortage, but also sees lower investment and working capital for the industry in the future. “We also keep in mind the EV transition is a marathon, still without obvious winners and, in our view no winner-take-all.” He sees space for legacy auto makers in an all electric future.</p><p><blockquote>他认识到一些近期挑战，例如全球汽车芯片短缺，但也认为未来该行业的投资和营运资本将会减少。“我们还记住，电动汽车转型是一场马拉松，仍然没有明显的赢家，而且在我们看来，没有赢家通吃。”他看到了传统汽车制造商在全电动未来的空间。</blockquote></p><p>The target-price bumps, however, aren’t helping either legacy auto-maker stock though. Both Ford and GM shares are down about 1% in Monday trading.</p><p><blockquote>然而，目标价的上涨并没有帮助传统汽车制造商的股票。福特和通用汽车股价在周一交易中均下跌约1%。</blockquote></p><p>Ford and GM stocks are still up more than 30% year to date. Tesla stock is down on the year and Monday’s loss for adds to recent investor pain. Shares are down almost 33% from its 52-week high. It’s tough to pin the drop on one issue. Several factors appears to be roiling the EV space right now.</p><p><blockquote>福特和通用汽车的股价今年迄今仍上涨了30%以上。特斯拉股价今年以来一直下跌，周一的下跌加剧了投资者近期的痛苦。股价较52周高点下跌近33%。很难将下降归咎于一个问题。目前，有几个因素似乎正在扰乱电动汽车领域。</blockquote></p><p>Friday, there was anannouncementbyNIO(NIO) that first-quarter sales and production would fall short of management’s original guidance, sending its U.S. listed ADRs down 4.8%. NIO cited the global automotive semiconductor shortage. The chip shortage has impacted everyone. GM and Ford have both called the issue abillion-dollar headwindto 2021 profits.</p><p><blockquote>周五，蔚来汽车（蔚来）宣布第一季度销量和产量将低于管理层最初的指引，导致其在美国上市的美国存托凭证下跌4.8%。蔚来列举了全球汽车半导体短缺的问题。芯片短缺影响了所有人。通用汽车和福特都称这一问题将给2021年的利润带来数十亿美元的阻力。</blockquote></p><p>Rising interest rates have been a problem, too.Higher ratesimpact high-growth companies two main ways. They make it more expensive to finance growth. Second, high-growth companies generate most of their free cash flow far in the future. That future cash, and potential dividends, are worth less, relatively speaking, when investors can earn higher yields on their capital today.</p><p><blockquote>利率上升也是一个问题。较高的利率主要通过两种方式影响高增长公司。它们使得增长融资成本更高。其次，高增长公司的大部分自由现金流是在遥远的未来产生的。相对而言，当投资者今天可以获得更高的资本收益率时，未来现金和潜在股息的价值就会降低。</blockquote></p><p>Tesla is a high-growth stock. Analysts expect sales to grow about 55% year over year in 2021.</p><p><blockquote>特斯拉是一只高增长股票。分析师预计2021年销售额将同比增长约55%。</blockquote></p><p>The next catalyst for Tesla stock might be first-quarter deliveries. There is no fixed date for a delivery update, but typically it comes out in the first few days of a new quarter. Delivery estimates have been coming down, from about 180,000 to 165,000 vehicles, because of the microchip shortage issue impacting the entire sector.</p><p><blockquote>特斯拉股票的下一个催化剂可能是第一季度的交付量。交付更新没有固定日期，但通常会在新季度的头几天发布。由于微芯片短缺问题影响了整个行业，交付量估计一直在下降，从约180,000辆降至165,000辆。</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 Target Cut by Analyst Because Old Auto Makers Have More in the Tank<blockquote>分析师下调特斯拉股票目标，因为老牌汽车制造商还有更多资金</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 Target Cut by Analyst Because Old Auto Makers Have More in the Tank<blockquote>分析师下调特斯拉股票目标，因为老牌汽车制造商还有更多资金</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">BARRON</strong><span class=\"h-time small\">2021-03-30 09:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Teslastock isdroppingin Monday trading after a former bull trimmed hisprice target. What’s more, he’sraised price targetson the legacyauto makerstocks. The Monday dip and analyst flip is leaving bullish Tesla investors wondering what is up.</p><p><blockquote>在一位前多头下调目标价后，特斯拉股价周一下跌。更重要的是，他提高了传统汽车制造商股票的价格目标。周一的下跌和分析师的转变让看涨特斯拉的投资者想知道发生了什么。</blockquote></p><p>Jefferies analystPhilippe Houchoiscut his Tesla (ticker: TSLA) stock-price target to $700 from $775. “Volatility, Bitcoin, and tweets brought noise but little fundamental change since we downgraded Tesla,” wrote the analyst in a Sunday report. There is much potential ahead, according to Houchois. That’s the good news. But Tesla is “no longer unique as an EV play with preferred access to capital.” The path forward is a little harder than before.</p><p><blockquote>Jefferies分析师Philippe Houchois将特斯拉（股票代码：TSLA）股价目标从775美元下调至700美元。这位分析师在周日的报告中写道：“自从我们下调特斯拉评级以来，波动性、比特币和推文带来了噪音，但几乎没有根本性变化。”Houchois表示，未来还有很大的潜力。这是个好消息。但特斯拉“作为一家优先获得资本的电动汽车公司，不再是独一无二的。”前进的道路比以前艰难了一些。</blockquote></p><p>Houchois wasBuy-ratedon Tesla stock up untilDecember, when he downgraded it to Hold with a $650 target price; shares were trading at roughly $550 at the time. It rose to $775 before getting cut Monday.</p><p><blockquote>Houchois一直对特斯拉股票给予买入评级，直到12月，他将其评级下调至持有，目标价为650美元；当时股价约为550美元。周一下调前升至775美元。</blockquote></p><p>Tesla stock is down 2.1% in midday trading. TheS&amp;P 500andDow Jones Industrial Averageare both down about 0.2%.</p><p><blockquote>特斯拉股价午盘下跌2.1%。标准普尔500指数和道琼斯工业平均指数均下跌约0.2%。</blockquote></p><p>In addition to the Tesla price cut, Houchois feels better about the legacy auto makers. He took his price target up on every single one he covers, includingFord Motor(F) andGeneral Motors(GM). His target price for Ford stock goes to $16 from $14. His target for GM stock goes to $62 from $50. Houchois rates GM stock Hold and Ford stock Buy.</p><p><blockquote>除了特斯拉降价之外，Houchois对传统汽车制造商的感觉也更好。他提高了所覆盖的每一家公司的目标价，包括福特汽车（F）和通用汽车（GM）。他对福特股票的目标价从14美元上调至16美元。他对通用汽车股票的目标从50美元上调至62美元。Houchois评级通用汽车股票持有，福特股票买入。</blockquote></p><p>He recognizes some near term challenges such as the global automotive-chip shortage, but also sees lower investment and working capital for the industry in the future. “We also keep in mind the EV transition is a marathon, still without obvious winners and, in our view no winner-take-all.” He sees space for legacy auto makers in an all electric future.</p><p><blockquote>他认识到一些近期挑战，例如全球汽车芯片短缺，但也认为未来该行业的投资和营运资本将会减少。“我们还记住，电动汽车转型是一场马拉松，仍然没有明显的赢家，而且在我们看来，没有赢家通吃。”他看到了传统汽车制造商在全电动未来的空间。</blockquote></p><p>The target-price bumps, however, aren’t helping either legacy auto-maker stock though. Both Ford and GM shares are down about 1% in Monday trading.</p><p><blockquote>然而，目标价的上涨并没有帮助传统汽车制造商的股票。福特和通用汽车股价在周一交易中均下跌约1%。</blockquote></p><p>Ford and GM stocks are still up more than 30% year to date. Tesla stock is down on the year and Monday’s loss for adds to recent investor pain. Shares are down almost 33% from its 52-week high. It’s tough to pin the drop on one issue. Several factors appears to be roiling the EV space right now.</p><p><blockquote>福特和通用汽车的股价今年迄今仍上涨了30%以上。特斯拉股价今年以来一直下跌，周一的下跌加剧了投资者近期的痛苦。股价较52周高点下跌近33%。很难将下降归咎于一个问题。目前，有几个因素似乎正在扰乱电动汽车领域。</blockquote></p><p>Friday, there was anannouncementbyNIO(NIO) that first-quarter sales and production would fall short of management’s original guidance, sending its U.S. listed ADRs down 4.8%. NIO cited the global automotive semiconductor shortage. The chip shortage has impacted everyone. GM and Ford have both called the issue abillion-dollar headwindto 2021 profits.</p><p><blockquote>周五，蔚来汽车（蔚来）宣布第一季度销量和产量将低于管理层最初的指引，导致其在美国上市的美国存托凭证下跌4.8%。蔚来列举了全球汽车半导体短缺的问题。芯片短缺影响了所有人。通用汽车和福特都称这一问题将给2021年的利润带来数十亿美元的阻力。</blockquote></p><p>Rising interest rates have been a problem, too.Higher ratesimpact high-growth companies two main ways. They make it more expensive to finance growth. Second, high-growth companies generate most of their free cash flow far in the future. That future cash, and potential dividends, are worth less, relatively speaking, when investors can earn higher yields on their capital today.</p><p><blockquote>利率上升也是一个问题。较高的利率主要通过两种方式影响高增长公司。它们使得增长融资成本更高。其次，高增长公司的大部分自由现金流是在遥远的未来产生的。相对而言，当投资者今天可以获得更高的资本收益率时，未来现金和潜在股息的价值就会降低。</blockquote></p><p>Tesla is a high-growth stock. Analysts expect sales to grow about 55% year over year in 2021.</p><p><blockquote>特斯拉是一只高增长股票。分析师预计2021年销售额将同比增长约55%。</blockquote></p><p>The next catalyst for Tesla stock might be first-quarter deliveries. There is no fixed date for a delivery update, but typically it comes out in the first few days of a new quarter. Delivery estimates have been coming down, from about 180,000 to 165,000 vehicles, because of the microchip shortage issue impacting the entire sector.</p><p><blockquote>特斯拉股票的下一个催化剂可能是第一季度的交付量。交付更新没有固定日期，但通常会在新季度的头几天发布。由于微芯片短缺问题影响了整个行业，交付量估计一直在下降，从约180,000辆降至165,000辆。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/tesla-stock-target-cut-by-analyst-because-old-auto-makers-have-more-in-the-tank-51617034466?siteid=yhoof2\">BARRON</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":"https://static.tigerbbs.com/f76b3cc53dd60ecb6eab407da188d689","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-target-cut-by-analyst-because-old-auto-makers-have-more-in-the-tank-51617034466?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194072524","content_text":"Teslastock isdroppingin Monday trading after a former bull trimmed hisprice target. What’s more, he’sraised price targetson the legacyauto makerstocks. The Monday dip and analyst flip is leaving bullish Tesla investors wondering what is up.Jefferies analystPhilippe Houchoiscut his Tesla (ticker: TSLA) stock-price target to $700 from $775. “Volatility, Bitcoin, and tweets brought noise but little fundamental change since we downgraded Tesla,” wrote the analyst in a Sunday report. There is much potential ahead, according to Houchois. That’s the good news. But Tesla is “no longer unique as an EV play with preferred access to capital.” The path forward is a little harder than before.Houchois wasBuy-ratedon Tesla stock up untilDecember, when he downgraded it to Hold with a $650 target price; shares were trading at roughly $550 at the time. It rose to $775 before getting cut Monday.Tesla stock is down 2.1% in midday trading. TheS&P 500andDow Jones Industrial Averageare both down about 0.2%.In addition to the Tesla price cut, Houchois feels better about the legacy auto makers. He took his price target up on every single one he covers, includingFord Motor(F) andGeneral Motors(GM). His target price for Ford stock goes to $16 from $14. His target for GM stock goes to $62 from $50. Houchois rates GM stock Hold and Ford stock Buy.He recognizes some near term challenges such as the global automotive-chip shortage, but also sees lower investment and working capital for the industry in the future. “We also keep in mind the EV transition is a marathon, still without obvious winners and, in our view no winner-take-all.” He sees space for legacy auto makers in an all electric future.The target-price bumps, however, aren’t helping either legacy auto-maker stock though. Both Ford and GM shares are down about 1% in Monday trading.Ford and GM stocks are still up more than 30% year to date. Tesla stock is down on the year and Monday’s loss for adds to recent investor pain. Shares are down almost 33% from its 52-week high. It’s tough to pin the drop on one issue. Several factors appears to be roiling the EV space right now.Friday, there was anannouncementbyNIO(NIO) that first-quarter sales and production would fall short of management’s original guidance, sending its U.S. listed ADRs down 4.8%. NIO cited the global automotive semiconductor shortage. The chip shortage has impacted everyone. GM and Ford have both called the issue abillion-dollar headwindto 2021 profits.Rising interest rates have been a problem, too.Higher ratesimpact high-growth companies two main ways. They make it more expensive to finance growth. Second, high-growth companies generate most of their free cash flow far in the future. That future cash, and potential dividends, are worth less, relatively speaking, when investors can earn higher yields on their capital today.Tesla is a high-growth stock. Analysts expect sales to grow about 55% year over year in 2021.The next catalyst for Tesla stock might be first-quarter deliveries. There is no fixed date for a delivery update, but typically it comes out in the first few days of a new quarter. Delivery estimates have been coming down, from about 180,000 to 165,000 vehicles, because of the microchip shortage issue impacting the entire sector.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":691227873,"gmtCreate":1640213610716,"gmtModify":1640213610774,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Good news","listText":"Good news","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691227873","repostId":"1131862374","repostType":4,"isVote":1,"tweetType":1,"viewCount":2577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":135454281,"gmtCreate":1622178950343,"gmtModify":1631891119731,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135454281","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109920418,"gmtCreate":1619659894934,"gmtModify":1631892936745,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"100 days over...","listText":"100 days over...","text":"100 days over...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/109920418","repostId":"1194822015","repostType":4,"repost":{"id":"1194822015","kind":"news","pubTimestamp":1619659476,"share":"https://www.laohu8.com/m/news/1194822015?lang=zh_CN&edition=full","pubTime":"2021-04-29 09:24","market":"us","language":"en","title":"Biden’s first 100 days poised as best such stretch for S&P 500, Dow since FDR<blockquote>拜登的头100天有望成为自罗斯福以来标普500和道琼斯指数最好的一天</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194822015","media":"MarketWatch","summary":"Stocks surge as Biden puts pedal to the metal on pandemic aid\nPresident Joe Biden speaks about updat","content":"<p>Stocks surge as Biden puts pedal to the metal on pandemic aid</p><p><blockquote>拜登加大疫情援助力度，股市飙升</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45263f7297190d27c3f6b6588a4cbc89\" tg-width=\"1260\" tg-height=\"840\"><span>President Joe Biden speaks about updated CDC guidance on masks for the fully vaccinated. AFP/Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>乔·拜登总统谈到了疾病预防控制中心关于完全接种疫苗者戴口罩的最新指南。法新社/盖蒂图片社</span></p></blockquote></p><p> The S&amp;P 500 index and Dow Jones Industrial Average have been roaring higher as President Joe Biden nears his first 100 days in office, outmatched in the same stretch only in 1933, when Franklin D. Roosevelt held office.</p><p><blockquote>随着乔·拜登总统上任100天的临近，标普500指数和道琼斯工业平均指数一直在飙升，仅在1933年富兰克林·罗斯福上任时的同期表现有所超越。</blockquote></p><p> The S&amp;P 500 was up 10.12% as of Wednesday’s close in the 99 days since Biden took office on Jan. 20, while the blue-chip Dow was up 9.34% over the same stretch, according to Dow Jones Market Data.</p><p><blockquote>道琼斯市场数据显示，自拜登1月20日上任以来的99天里，截至周三收盘，标普500上涨了10.12%，而蓝筹股道指同期上涨了9.34%。</blockquote></p><p> The gains are on pace to mark the second-largest on record under any U.S. president at the 100-day mark, behind only the S&amp;P 500’s 79.62% surge and the Dow’s 75.4% gain during the same stretch of Roosevelt’s first of&nbsp;four historic terms, which were underscored by an expansion of the nation’s social safety-net, environmental protections and its military supremacy.</p><p><blockquote>在罗斯福四个历史性任期中的第一个任期内，这一涨幅有望成为美国总统任内第二大涨幅，仅次于标普500 79.62%的涨幅和道琼斯指数75.4%的涨幅。国家社会安全网、环境保护及其军事优势的扩大凸显了这一点。</blockquote></p><p> This chart shows S&amp;P 500 gains, and losses, in the first 100 days of each American presidential term since 1929:</p><p><blockquote>这张图表显示了自1929年以来每届美国总统任期前100天的标普500得失：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/981241d0a2a0bd9616a4b66177860ffe\" tg-width=\"1259\" tg-height=\"1293\"><span>Stocks climbed the most at the start of Roosevelt's, Biden's and Kennedy's terms. Dow Jones Market Data</span></p><p><blockquote><p class=\"t-img-caption\"><span>在罗斯福、拜登和肯尼迪任期开始时，股市涨幅最大。道琼斯市场数据</span></p></blockquote></p><p> Overall, stocks tend to perform better during the first few months of each new term when a Democratic president sits the Oval Office, rather than a Republican.</p><p><blockquote>总体而言，当民主党总统而不是共和党总统入主椭圆形办公室时，股市在每个新任期的头几个月往往表现更好。</blockquote></p><p> While the S&amp;P 500 rose 3.22% on average in the first 100 days of each presidential term, regardless of party, it shot up an average 6.87% after Democrats took the White House and fell 1.34% under Republicans, according to Dow Jones Market Data.</p><p><blockquote>道琼斯市场数据显示，尽管标普500在每个总统任期的前100天平均上涨3.22%，但在民主党入主白宫后，平均上涨6.87%，在共和党执政后下跌1.34%。</blockquote></p><p> Biden’s first 100 days have been underscored by a stock market that’s soared to record highs as trillions worth of fiscal and monetary stimulus slosh through the economy. However, the economic and health crisis brought on by COVID-19 has widened the gap between the nation’s rich and poor, even as a flood of fresh pandemic aid has been aimed at helping hard-hit families and businesses.</p><p><blockquote>随着价值数万亿美元的财政和货币刺激措施席卷经济，股市飙升至历史新高，凸显了拜登上任的头100天。然而，新冠肺炎带来的经济和健康危机扩大了美国的贫富差距，尽管大量新的疫情援助旨在帮助遭受重创的家庭和企业。</blockquote></p><p> The new administration has also overseen&nbsp;roughly 42.7% of the U.S. population getting at least one shot of a COVID-19 vaccine, exceeding its initial goals, while India and other parts of the world battle against time to contain surging infection rates.</p><p><blockquote>新政府还监督大约42.7%的美国人口至少接种了一针新冠肺炎疫苗，超过了最初的目标，而印度和世界其他地区正在争分夺秒地遏制感染率飙升。</blockquote></p><p> Spending also has surged under the Biden administration, even before including his proposed $2.3 trillion infrastructure package or latest slate of planned aid to be unveiled late Wednesday to bolster children and families.</p><p><blockquote>在拜登政府的领导下，支出也激增，甚至在包括他提出的2.3万亿美元基础设施一揽子计划或将于周三晚些时候公布的支持儿童和家庭的最新计划援助之前。</blockquote></p><p> While the U.S. economic outlook has brightened since Biden took office, it also has been helped by the Federal Reserve’s unwavering support since the onset of the pandemic. Fed Chairman Jerome Powell reaffirmed on Wednesday his vow to keep monetary conditions loose for some time to come, even as some worry that inflation could range out of control and markets might overheat.</p><p><blockquote>尽管自拜登上任以来，美国经济前景有所好转，但自疫情爆发以来，美联储坚定不移的支持也对美国经济前景有所帮助。美联储主席杰罗姆·鲍威尔周三重申了他在未来一段时间内保持宽松货币环境的誓言，尽管一些人担心通胀可能失控，市场可能过热。</blockquote></p><p></p>","source":"lsy1603348471595","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>Biden’s first 100 days poised as best such stretch for S&P 500, Dow since FDR<blockquote>拜登的头100天有望成为自罗斯福以来标普500和道琼斯指数最好的一天</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\">\nBiden’s first 100 days poised as best such stretch for S&P 500, Dow since FDR<blockquote>拜登的头100天有望成为自罗斯福以来标普500和道琼斯指数最好的一天</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-04-29 09:24</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Stocks surge as Biden puts pedal to the metal on pandemic aid</p><p><blockquote>拜登加大疫情援助力度，股市飙升</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45263f7297190d27c3f6b6588a4cbc89\" tg-width=\"1260\" tg-height=\"840\"><span>President Joe Biden speaks about updated CDC guidance on masks for the fully vaccinated. AFP/Getty Images</span></p><p><blockquote><p class=\"t-img-caption\"><span>乔·拜登总统谈到了疾病预防控制中心关于完全接种疫苗者戴口罩的最新指南。法新社/盖蒂图片社</span></p></blockquote></p><p> The S&amp;P 500 index and Dow Jones Industrial Average have been roaring higher as President Joe Biden nears his first 100 days in office, outmatched in the same stretch only in 1933, when Franklin D. Roosevelt held office.</p><p><blockquote>随着乔·拜登总统上任100天的临近，标普500指数和道琼斯工业平均指数一直在飙升，仅在1933年富兰克林·罗斯福上任时的同期表现有所超越。</blockquote></p><p> The S&amp;P 500 was up 10.12% as of Wednesday’s close in the 99 days since Biden took office on Jan. 20, while the blue-chip Dow was up 9.34% over the same stretch, according to Dow Jones Market Data.</p><p><blockquote>道琼斯市场数据显示，自拜登1月20日上任以来的99天里，截至周三收盘，标普500上涨了10.12%，而蓝筹股道指同期上涨了9.34%。</blockquote></p><p> The gains are on pace to mark the second-largest on record under any U.S. president at the 100-day mark, behind only the S&amp;P 500’s 79.62% surge and the Dow’s 75.4% gain during the same stretch of Roosevelt’s first of&nbsp;four historic terms, which were underscored by an expansion of the nation’s social safety-net, environmental protections and its military supremacy.</p><p><blockquote>在罗斯福四个历史性任期中的第一个任期内，这一涨幅有望成为美国总统任内第二大涨幅，仅次于标普500 79.62%的涨幅和道琼斯指数75.4%的涨幅。国家社会安全网、环境保护及其军事优势的扩大凸显了这一点。</blockquote></p><p> This chart shows S&amp;P 500 gains, and losses, in the first 100 days of each American presidential term since 1929:</p><p><blockquote>这张图表显示了自1929年以来每届美国总统任期前100天的标普500得失：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/981241d0a2a0bd9616a4b66177860ffe\" tg-width=\"1259\" tg-height=\"1293\"><span>Stocks climbed the most at the start of Roosevelt's, Biden's and Kennedy's terms. Dow Jones Market Data</span></p><p><blockquote><p class=\"t-img-caption\"><span>在罗斯福、拜登和肯尼迪任期开始时，股市涨幅最大。道琼斯市场数据</span></p></blockquote></p><p> Overall, stocks tend to perform better during the first few months of each new term when a Democratic president sits the Oval Office, rather than a Republican.</p><p><blockquote>总体而言，当民主党总统而不是共和党总统入主椭圆形办公室时，股市在每个新任期的头几个月往往表现更好。</blockquote></p><p> While the S&amp;P 500 rose 3.22% on average in the first 100 days of each presidential term, regardless of party, it shot up an average 6.87% after Democrats took the White House and fell 1.34% under Republicans, according to Dow Jones Market Data.</p><p><blockquote>道琼斯市场数据显示，尽管标普500在每个总统任期的前100天平均上涨3.22%，但在民主党入主白宫后，平均上涨6.87%，在共和党执政后下跌1.34%。</blockquote></p><p> Biden’s first 100 days have been underscored by a stock market that’s soared to record highs as trillions worth of fiscal and monetary stimulus slosh through the economy. However, the economic and health crisis brought on by COVID-19 has widened the gap between the nation’s rich and poor, even as a flood of fresh pandemic aid has been aimed at helping hard-hit families and businesses.</p><p><blockquote>随着价值数万亿美元的财政和货币刺激措施席卷经济，股市飙升至历史新高，凸显了拜登上任的头100天。然而，新冠肺炎带来的经济和健康危机扩大了美国的贫富差距，尽管大量新的疫情援助旨在帮助遭受重创的家庭和企业。</blockquote></p><p> The new administration has also overseen&nbsp;roughly 42.7% of the U.S. population getting at least one shot of a COVID-19 vaccine, exceeding its initial goals, while India and other parts of the world battle against time to contain surging infection rates.</p><p><blockquote>新政府还监督大约42.7%的美国人口至少接种了一针新冠肺炎疫苗，超过了最初的目标，而印度和世界其他地区正在争分夺秒地遏制感染率飙升。</blockquote></p><p> Spending also has surged under the Biden administration, even before including his proposed $2.3 trillion infrastructure package or latest slate of planned aid to be unveiled late Wednesday to bolster children and families.</p><p><blockquote>在拜登政府的领导下，支出也激增，甚至在包括他提出的2.3万亿美元基础设施一揽子计划或将于周三晚些时候公布的支持儿童和家庭的最新计划援助之前。</blockquote></p><p> While the U.S. economic outlook has brightened since Biden took office, it also has been helped by the Federal Reserve’s unwavering support since the onset of the pandemic. Fed Chairman Jerome Powell reaffirmed on Wednesday his vow to keep monetary conditions loose for some time to come, even as some worry that inflation could range out of control and markets might overheat.</p><p><blockquote>尽管自拜登上任以来，美国经济前景有所好转，但自疫情爆发以来，美联储坚定不移的支持也对美国经济前景有所帮助。美联储主席杰罗姆·鲍威尔周三重申了他在未来一段时间内保持宽松货币环境的誓言，尽管一些人担心通胀可能失控，市场可能过热。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/bidens-first-100-days-poised-as-best-such-stretch-for-s-p-500-dow-since-fdr-11619654492?mod=home-page\">MarketWatch</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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/bidens-first-100-days-poised-as-best-such-stretch-for-s-p-500-dow-since-fdr-11619654492?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194822015","content_text":"Stocks surge as Biden puts pedal to the metal on pandemic aid\nPresident Joe Biden speaks about updated CDC guidance on masks for the fully vaccinated. AFP/Getty Images\nThe S&P 500 index and Dow Jones Industrial Average have been roaring higher as President Joe Biden nears his first 100 days in office, outmatched in the same stretch only in 1933, when Franklin D. Roosevelt held office.\nThe S&P 500 was up 10.12% as of Wednesday’s close in the 99 days since Biden took office on Jan. 20, while the blue-chip Dow was up 9.34% over the same stretch, according to Dow Jones Market Data.\nThe gains are on pace to mark the second-largest on record under any U.S. president at the 100-day mark, behind only the S&P 500’s 79.62% surge and the Dow’s 75.4% gain during the same stretch of Roosevelt’s first of four historic terms, which were underscored by an expansion of the nation’s social safety-net, environmental protections and its military supremacy.\nThis chart shows S&P 500 gains, and losses, in the first 100 days of each American presidential term since 1929:\nStocks climbed the most at the start of Roosevelt's, Biden's and Kennedy's terms. Dow Jones Market Data\nOverall, stocks tend to perform better during the first few months of each new term when a Democratic president sits the Oval Office, rather than a Republican.\nWhile the S&P 500 rose 3.22% on average in the first 100 days of each presidential term, regardless of party, it shot up an average 6.87% after Democrats took the White House and fell 1.34% under Republicans, according to Dow Jones Market Data.\nBiden’s first 100 days have been underscored by a stock market that’s soared to record highs as trillions worth of fiscal and monetary stimulus slosh through the economy. However, the economic and health crisis brought on by COVID-19 has widened the gap between the nation’s rich and poor, even as a flood of fresh pandemic aid has been aimed at helping hard-hit families and businesses.\nThe new administration has also overseen roughly 42.7% of the U.S. population getting at least one shot of a COVID-19 vaccine, exceeding its initial goals, while India and other parts of the world battle against time to contain surging infection rates.\nSpending also has surged under the Biden administration, even before including his proposed $2.3 trillion infrastructure package or latest slate of planned aid to be unveiled late Wednesday to bolster children and families.\nWhile the U.S. economic outlook has brightened since Biden took office, it also has been helped by the Federal Reserve’s unwavering support since the onset of the pandemic. Fed Chairman Jerome Powell reaffirmed on Wednesday his vow to keep monetary conditions loose for some time to come, even as some worry that inflation could range out of control and markets might overheat.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886019929,"gmtCreate":1631537785761,"gmtModify":1631887422799,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886019929","repostId":"2167586988","repostType":4,"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890672364,"gmtCreate":1628117871258,"gmtModify":1631887422836,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"What do u plan to buy?&nbsp;","listText":"What do u plan to buy?&nbsp;","text":"What do u plan to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/890672364","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347896639,"gmtCreate":1618481341821,"gmtModify":1634292649831,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"How about PLTR?","listText":"How about PLTR?","text":"How about PLTR?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347896639","repostId":"1197866874","repostType":4,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":692321224,"gmtCreate":1640855107675,"gmtModify":1640855107675,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Not comparing to TSLA? Haha","listText":"Not comparing to TSLA? Haha","text":"Not comparing to TSLA? Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/692321224","repostId":"1139674064","repostType":4,"repost":{"id":"1139674064","kind":"news","pubTimestamp":1640878484,"share":"https://www.laohu8.com/m/news/1139674064?lang=zh_CN&edition=full","pubTime":"2021-12-30 23:34","market":"us","language":"en","title":"Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139674064","media":"Seeking Alpha","summary":"SummaryThe EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.Both NIO and LCID have strong brands and gre","content":"<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>The EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.</li><li>Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.</li><li>NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fe01e445aec1bb67f1b8d810f551603\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"/><span>Trygve Finkelsen/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>电动汽车市场的竞争越来越激烈。拥有强大的品牌或技术对于公司脱颖而出非常重要。</li><li>蔚来和LCID都拥有强大的品牌和出色的技术，这使得它们能够要求很高的平均售价。</li><li>蔚来似乎是这两者中风险较低的选择，而且由于从产量增长的角度来看，它走得更远，我相信它是当今更好的选择。</li></ul><p class=\"t-img-caption\"><span>Trygve Finkelsen/iStock社论来自Getty Images</span></p></blockquote></p><p><b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p>The EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we&#39;ll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we&#39;ll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.</p><p><blockquote>电动汽车领域催生了许多从长远来看似乎不太可行的公司，但除了特斯拉（TSLA）之外，也有强有力的竞争者。在本报告中，我们将对Lucid Group，Inc.(LCID)和蔚来（蔚来）进行对比，这两家最有趣的电动汽车公司结合了强大的品牌和高端技术能力。在本报告中，我们将更深入地探讨技术和产品方面，并探讨两家公司的个别风险。总体而言，我确实相信以目前的价格来看，蔚来是这两个选择中更具吸引力的。</blockquote></p><p><b>Lucid And NIO In The EV Market</b></p><p><blockquote><b>电动汽车市场的Lucid和蔚来</b></blockquote></p><p>The global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.</p><p><blockquote>全球电动汽车市场一直在快速增长，电动汽车销量可能略高于600万辆，大约是上一年的两倍。显然，电动汽车是全球汽车市场的一个巨大增长领域，尽管应该指出的是，全球销售的大多数车辆仍然由内燃机驱动。多年来，电动汽车市场份额应该会继续快速攀升，但电动汽车似乎不会很快主导内燃机汽车。</blockquote></p><p>The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.</p><p><blockquote>电动汽车领域的市场领导者是特斯拉和比亚迪（OTCPK：BYDDY），以及大众汽车（OTCPK：VWAGY），具体取决于插电式混合动力车的计算方式。蔚来和Lucid Group，Inc.目前还不是最大的公司。蔚来目前每月销售约11,000辆汽车，相当于年销量约130,000辆。然而，销量一直在快速增长，这就是为什么蔚来明年的销量很可能会超过13万辆，因为交付量应该会继续连续攀升。就交付量而言，Lucid目前的规模要小得多，因为该公司今年可能已售出数百辆汽车。明年，Lucid Group的目标是交付约20,000辆汽车，比2021年增长很多，但与蔚来和许多其他同行明年的交付量相比，这个数字仍然相对较小。</blockquote></p><p><b>LCID Vs. NIO&#39;s Past Quarterly Performance</b></p><p><blockquote><b>LCID与蔚来过去的季度表现</b></blockquote></p><p>As noted above, NIO&#39;s sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:</p><p><blockquote>如上所述，蔚来过去三个月的销售业绩远强于Lucid，但这并不奇怪，因为LCID刚刚开始向客户交付车辆。然而，从股价来看，Lucid的表现更好：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a6e7cb1b1485f32cc25ade9f387a5b\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Over the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO&#39;s case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian&#39;s (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid&#39;s stock. If analysts are correct, NIO is the much better value today:</p><p><blockquote>过去三个月，LCID上涨了近50%，而蔚来的股价同期下跌了近20%。就蔚来而言，对中国监管的宏观担忧发挥了作用，而LCID则从Rivian(RIVN)IPO的巨大成功引发的对美国电动汽车企业日益增长的热情中受益匪浅。最重要的是，交付的开始也吸引了新投资者购买Lucid的股票。如果分析师是正确的，那么蔚来今天的价值要高得多：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b1d0939d657b284e25d8447ccb211b5\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Shares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO&#39;s underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can&#39;t be said about Lucid.</p><p><blockquote>该股的交易价格不到共识价格目标的一半，这意味着明年有100%以上的上涨空间，而LCID的交易价格几乎完全符合当前的共识价格目标，这意味着明年没有上涨空间。因此，蔚来上个季度的表现不佳似乎使该公司在当前水平上表现强劲，而Lucid则不然。</blockquote></p><p><b>Lucid Vs. NIO Key Metrics</b></p><p><blockquote><b>Lucid与蔚来关键指标</b></blockquote></p><p></p><p>Let&#39;s take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO&#39;s ASP is around $70,000, and Lucid&#39;s ASP is even higher than that for now, as the company is selling the most expensive Air<i>Dream</i>version first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.</p><p><blockquote>让我们更深入地了解这两家公司的技术、品牌及其具体的主要风险。蔚来和Lucid都活跃在电动汽车行业的高端领域，销售的汽车平均售价远高于特斯拉的平均水平。蔚来的平均售价约为7万美元，Lucid的平均售价目前甚至更高，因为该公司销售的是最昂贵的Air<i>梦想</i>版本优先。特斯拉是目前电动汽车的领导者，其平均售价约为50,000美元。因此，与特斯拉相比，蔚来和特斯拉都在更豪华、更高端的细分市场运营。这些公司怎么能要求比特斯拉高得多的平均售价呢？有几个因素在起作用，包括品牌，但最重要的因素之一是他们出色的技术。</blockquote></p><p>NIO&#39;s battery-swapping technology, for example, allows its customers to fully &#34;recharge&#34; in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn&#39;t employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid&#39;s architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO&#39;s solution, as well as Lucid&#39;s solution, seem superior compared to what Tesla is offering.</p><p><blockquote>例如，蔚来的电池交换技术允许其客户在几分钟内充满“充电”，而大多数其他电动汽车需要更长的时间才能充满电。Lucid不采用电池更换，但其经过赛车测试的900V技术既可以实现巨大的续航里程，又可以实现快速充电速度——Lucid的架构允许客户在短短20分钟内充电长达300英里的电量。作为参考，特斯拉S采用约400V架构，允许客户在15分钟内充电200英里。显然，蔚来的解决方案和Lucid的解决方案似乎都优于特斯拉提供的解决方案。</blockquote></p><p>NIO&#39;s and Lucid&#39;s tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:</p><p><blockquote>蔚来和Lucid的技术在各自的电池方面看起来也很有竞争力。Lucid Air Dream的EPA续航里程为520英里，对于几乎所有用例来说都足够了。与Lucid相比，蔚来拥有更大的产品组合，但当我们看看它的高端轿车时，电池性能看起来甚至更好。蔚来ET7配备150kWh电池（也有更小的选择），续航里程可达1,000公里，相当于约620英里的续航里程。同样，与特斯拉相比，蔚来和Lucid的表现都很好——旗舰S Plaid的EPA续航里程为350英里。凭借其在为电动赛车开发和供应赛车发动机方面的经验，Lucid制造了一款特别高效的发动机：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edf92a9709beceb826f2e86b3bc25dd6\" tg-width=\"1502\" tg-height=\"829\" referrerpolicy=\"no-referrer\"/><span>Source: Lucid presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Lucid演示</span></p></blockquote></p><p>A smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.</p><p><blockquote>在其他条件相同的情况下，更小、更高效的发动机可以降低资源使用量并减轻车辆重量。反过来，这确实会带来更长的续航里程，并且在其他条件相同的情况下，还可以实现更好的操控和驾驶性能。到目前为止，Lucid还不是当今最大的电动汽车参与者，但其工程师已经开发出了一些目前所有活跃的电动汽车参与者中最引人注目的产品和解决方案。</blockquote></p><p>NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:</p><p><blockquote>蔚来非常关注最终实现自动驾驶的技术，并在当今的车辆中安装了大量传感器和巨大的计算能力。ET7使用以下传感单元来实现此目标：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b39530a306d0b27d76d36bccec0e147d\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/><span>Source: NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：蔚来</span></p></blockquote></p><p>With 33 sensors that use up to 8MP, NIO&#39;s sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO&#39;s sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO&#39;s offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO&#39;s self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn&#39;t be a very difficult task. Lucid&#39;s self-driving tech, even though it doesn&#39;t get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO&#39;s Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).</p><p><blockquote>凭借33个高达800万像素的传感器，蔚来的传感能力轻松击败了特斯拉。据首席执行官马斯克称，特斯拉Model 3已准备好实现全自动驾驶，仅使用8个摄像头，每个摄像头为120万像素。因此，ET7中蔚来的一个传感器的传感性能几乎相当于M3中所有摄像头的总和，而蔚来在其车型中使用了32个额外的传感器。显然，蔚来的产品是优越的——这显然是有代价的，因为蔚来在将最好的技术应用到其车辆中时并不吝啬。蔚来在ET7中使用的芯片的巨大处理能力也证明了这一点。ET7使用四个NVIDIA(NVDA)Orin SoC，每个SoC每秒提供略高于250万亿次运算，总计算能力超过1,000 TOPS，这在任何量产车中都是闻所未闻的。同时使用四个SoC还可以提供自动驾驶场景中关键系统所需的冗余。应该指出的是，蔚来的自动驾驶技术在软件方面还没有那么出色。至少目前，小鹏汽车（XPEV）等同行似乎采用了更强大的算法，但这是蔚来可以在未来几个季度和几年内解决的问题，并将未来的软件集成到配备顶级硬件的车辆中不应该是一项非常困难的任务。Lucid的自动驾驶技术尽管尚未得到太多认可，但看起来也一点也不差。DreamDrive套件使用32个板载传感器，几乎与蔚来的Aquila系统相当（与M3相比，传感器多4倍，据称从硬件角度来看，M3已准备好L5）。</blockquote></p><p></p><p>Strong tech alone doesn&#39;t make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles&#39; quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid&#39;s ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.</p><p><blockquote>然而，仅靠强大的技术并不能造就一辆有吸引力的汽车，因为设计、制造质量等也必须考虑在内。幸运的是，蔚来和Lucid在此基础上竞争非常好，尽管由于销量较低，Lucid的数据仍然有限——还没有太多人驾驶过Lucid Air，因此有关可靠性等的数据有限。然而，蔚来已经有一段时间每月销售数千辆汽车，并且其用户对车辆的质量非常满意。CnTechPost报道J.D。Power将蔚来评为国内质量最高的电动汽车公司，领先于特斯拉。Lucid在该国尚未活跃，但众多汽车记者和杂志的试驾普遍获得了非常积极的评价。因此，从设计、质量和技术的角度来看，蔚来和Lucid看起来都很强大，蔚来更关注电池更换和驾驶辅助等客户友好型项目，而Lucid则更关注发动机性能、电池技术等。这两种途径都有其优势，但我个人认为蔚来从其易于使用、客户友好的方法中受益更多，因为没有太多人会根据电池架构等标准购买电动汽车。尽管如此，Lucid开发高性能汽车的能力在未来竞争激烈的电动汽车行业应该会非常方便。</blockquote></p><p>With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.</p><p><blockquote>对于蔚来，市场现在担心的主要风险似乎是监管/政治。我个人不认为监管会给蔚来带来巨大风险。中国公司从未能够在内燃机汽车领域成功竞争，但随着电动汽车技术给整个全球汽车行业带来变革，中国看到了成为全球汽车强国的机会。伤害蔚来和其他中国电动汽车企业将与这些目标背道而驰，这就是为什么我认为中国更有兴趣培养自己的电动汽车企业，包括蔚来，而不是伤害他们。尽管如此，如今市场对每家中国公司都给予了折扣，蔚来也是如此——这对于那些寻求以低于平均水平的估值买入该公司的人来说可能是一件好事。</blockquote></p><p>For Lucid, regulation doesn&#39;t seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as &#34;Production Hell&#34;. The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It&#39;s not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID&#39;s high valuation could be a considerable risk - shares trade at around 30x next year&#39;s expected revenue, and there is no guarantee at all that those revenues will actually be generated.</p><p><blockquote>对于Lucid来说，监管似乎并不是一个重要的风险。相反，这里的主要风险是高估值和产量增加。正如特斯拉所表明的那样，提高汽车产量并不是一件容易的事。该公司经常不得不与延误和其他问题作斗争，有时被总结为“生产地狱”。Lucid可能也是如此，该公司将不得不在未来几个月和几个季度高速提高产量，以实现其雄心勃勃的生产目标。当然，不能确定它会遇到与其他制造商类似的问题，但由于缺乏经验，这似乎是一个值得关注的相当大的风险。最重要的是，LCID的高估值可能是一个相当大的风险——股票交易价格约为明年预期收入的30倍，而且根本不能保证这些收入会真正产生。</blockquote></p><p><b>Is Lucid Or NIO Stock The Better Buy?</b></p><p><blockquote><b>Lucid或蔚来股票更值得购买吗？</b></blockquote></p><p>Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.</p><p><blockquote>蔚来和Lucid都拥有有吸引力的产品，这些产品在越来越多进入者的电动汽车市场中似乎极具竞争力。我确实相信，在强大的技术、有吸引力的品牌和引人注目的产品质量的推动下，两家公司将在未来几年取得运营成功。然而，运营增长并不一定会导致股价增长，因为当以过高的价格买入时，估值可能会成为主要障碍。</blockquote></p><p>In NIO&#39;s case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year&#39;s expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year&#39;s sales.</p><p><blockquote>就蔚来而言，这似乎并不是一个过大的风险，因为相对于其他电动汽车公司的估值而言，其股价并不昂贵——蔚来的交易价格约为明年预期收入的4倍，与LCID、RIVN、TSLA相比有明显的折扣，等等。另一方面，Lucid的估值非常高，是明年销售额的30倍。</blockquote></p><p>I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.</p><p><blockquote>我确实相信，基于其更大的规模、更成熟的业务、更好的增产进展，以及更合理的估值，蔚来是当今这两家公司中更好的选择。对于那些有兴趣拥有这家顶级中国电动汽车公司的人来说，最近的股价下跌是一个有吸引力的切入点。</blockquote></p><p></body></html></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>Lucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</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\">\nLucid Vs. NIO Stock: Which EV Stock Is The Better Buy?<blockquote>Lucid与蔚来股票：哪只电动汽车股票更值得购买？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-30 23:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Summary</b></p><p><blockquote><html><head></head><body><b>总结</b></body></html></blockquote></p><p><ul><li>The EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.</li><li>Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.</li><li>NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fe01e445aec1bb67f1b8d810f551603\" tg-width=\"1536\" tg-height=\"1025\" referrerpolicy=\"no-referrer\"/><span>Trygve Finkelsen/iStock Editorial via Getty Images</span></p><p><blockquote><ul><li>电动汽车市场的竞争越来越激烈。拥有强大的品牌或技术对于公司脱颖而出非常重要。</li><li>蔚来和LCID都拥有强大的品牌和出色的技术，这使得它们能够要求很高的平均售价。</li><li>蔚来似乎是这两者中风险较低的选择，而且由于从产量增长的角度来看，它走得更远，我相信它是当今更好的选择。</li></ul><p class=\"t-img-caption\"><span>Trygve Finkelsen/iStock社论来自Getty Images</span></p></blockquote></p><p><b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p>The EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we&#39;ll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we&#39;ll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.</p><p><blockquote>电动汽车领域催生了许多从长远来看似乎不太可行的公司，但除了特斯拉（TSLA）之外，也有强有力的竞争者。在本报告中，我们将对Lucid Group，Inc.(LCID)和蔚来（蔚来）进行对比，这两家最有趣的电动汽车公司结合了强大的品牌和高端技术能力。在本报告中，我们将更深入地探讨技术和产品方面，并探讨两家公司的个别风险。总体而言，我确实相信以目前的价格来看，蔚来是这两个选择中更具吸引力的。</blockquote></p><p><b>Lucid And NIO In The EV Market</b></p><p><blockquote><b>电动汽车市场的Lucid和蔚来</b></blockquote></p><p>The global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.</p><p><blockquote>全球电动汽车市场一直在快速增长，电动汽车销量可能略高于600万辆，大约是上一年的两倍。显然，电动汽车是全球汽车市场的一个巨大增长领域，尽管应该指出的是，全球销售的大多数车辆仍然由内燃机驱动。多年来，电动汽车市场份额应该会继续快速攀升，但电动汽车似乎不会很快主导内燃机汽车。</blockquote></p><p>The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.</p><p><blockquote>电动汽车领域的市场领导者是特斯拉和比亚迪（OTCPK：BYDDY），以及大众汽车（OTCPK：VWAGY），具体取决于插电式混合动力车的计算方式。蔚来和Lucid Group，Inc.目前还不是最大的公司。蔚来目前每月销售约11,000辆汽车，相当于年销量约130,000辆。然而，销量一直在快速增长，这就是为什么蔚来明年的销量很可能会超过13万辆，因为交付量应该会继续连续攀升。就交付量而言，Lucid目前的规模要小得多，因为该公司今年可能已售出数百辆汽车。明年，Lucid Group的目标是交付约20,000辆汽车，比2021年增长很多，但与蔚来和许多其他同行明年的交付量相比，这个数字仍然相对较小。</blockquote></p><p><b>LCID Vs. NIO&#39;s Past Quarterly Performance</b></p><p><blockquote><b>LCID与蔚来过去的季度表现</b></blockquote></p><p>As noted above, NIO&#39;s sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:</p><p><blockquote>如上所述，蔚来过去三个月的销售业绩远强于Lucid，但这并不奇怪，因为LCID刚刚开始向客户交付车辆。然而，从股价来看，Lucid的表现更好：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a6e7cb1b1485f32cc25ade9f387a5b\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Over the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO&#39;s case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian&#39;s (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid&#39;s stock. If analysts are correct, NIO is the much better value today:</p><p><blockquote>过去三个月，LCID上涨了近50%，而蔚来的股价同期下跌了近20%。就蔚来而言，对中国监管的宏观担忧发挥了作用，而LCID则从Rivian(RIVN)IPO的巨大成功引发的对美国电动汽车企业日益增长的热情中受益匪浅。最重要的是，交付的开始也吸引了新投资者购买Lucid的股票。如果分析师是正确的，那么蔚来今天的价值要高得多：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b1d0939d657b284e25d8447ccb211b5\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p>Shares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO&#39;s underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can&#39;t be said about Lucid.</p><p><blockquote>该股的交易价格不到共识价格目标的一半，这意味着明年有100%以上的上涨空间，而LCID的交易价格几乎完全符合当前的共识价格目标，这意味着明年没有上涨空间。因此，蔚来上个季度的表现不佳似乎使该公司在当前水平上表现强劲，而Lucid则不然。</blockquote></p><p><b>Lucid Vs. NIO Key Metrics</b></p><p><blockquote><b>Lucid与蔚来关键指标</b></blockquote></p><p></p><p>Let&#39;s take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO&#39;s ASP is around $70,000, and Lucid&#39;s ASP is even higher than that for now, as the company is selling the most expensive Air<i>Dream</i>version first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.</p><p><blockquote>让我们更深入地了解这两家公司的技术、品牌及其具体的主要风险。蔚来和Lucid都活跃在电动汽车行业的高端领域，销售的汽车平均售价远高于特斯拉的平均水平。蔚来的平均售价约为7万美元，Lucid的平均售价目前甚至更高，因为该公司销售的是最昂贵的Air<i>梦想</i>版本优先。特斯拉是目前电动汽车的领导者，其平均售价约为50,000美元。因此，与特斯拉相比，蔚来和特斯拉都在更豪华、更高端的细分市场运营。这些公司怎么能要求比特斯拉高得多的平均售价呢？有几个因素在起作用，包括品牌，但最重要的因素之一是他们出色的技术。</blockquote></p><p>NIO&#39;s battery-swapping technology, for example, allows its customers to fully &#34;recharge&#34; in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn&#39;t employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid&#39;s architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO&#39;s solution, as well as Lucid&#39;s solution, seem superior compared to what Tesla is offering.</p><p><blockquote>例如，蔚来的电池交换技术允许其客户在几分钟内充满“充电”，而大多数其他电动汽车需要更长的时间才能充满电。Lucid不采用电池更换，但其经过赛车测试的900V技术既可以实现巨大的续航里程，又可以实现快速充电速度——Lucid的架构允许客户在短短20分钟内充电长达300英里的电量。作为参考，特斯拉S采用约400V架构，允许客户在15分钟内充电200英里。显然，蔚来的解决方案和Lucid的解决方案似乎都优于特斯拉提供的解决方案。</blockquote></p><p>NIO&#39;s and Lucid&#39;s tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:</p><p><blockquote>蔚来和Lucid的技术在各自的电池方面看起来也很有竞争力。Lucid Air Dream的EPA续航里程为520英里，对于几乎所有用例来说都足够了。与Lucid相比，蔚来拥有更大的产品组合，但当我们看看它的高端轿车时，电池性能看起来甚至更好。蔚来ET7配备150kWh电池（也有更小的选择），续航里程可达1,000公里，相当于约620英里的续航里程。同样，与特斯拉相比，蔚来和Lucid的表现都很好——旗舰S Plaid的EPA续航里程为350英里。凭借其在为电动赛车开发和供应赛车发动机方面的经验，Lucid制造了一款特别高效的发动机：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edf92a9709beceb826f2e86b3bc25dd6\" tg-width=\"1502\" tg-height=\"829\" referrerpolicy=\"no-referrer\"/><span>Source: Lucid presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Lucid演示</span></p></blockquote></p><p>A smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.</p><p><blockquote>在其他条件相同的情况下，更小、更高效的发动机可以降低资源使用量并减轻车辆重量。反过来，这确实会带来更长的续航里程，并且在其他条件相同的情况下，还可以实现更好的操控和驾驶性能。到目前为止，Lucid还不是当今最大的电动汽车参与者，但其工程师已经开发出了一些目前所有活跃的电动汽车参与者中最引人注目的产品和解决方案。</blockquote></p><p>NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:</p><p><blockquote>蔚来非常关注最终实现自动驾驶的技术，并在当今的车辆中安装了大量传感器和巨大的计算能力。ET7使用以下传感单元来实现此目标：</blockquote></p><p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b39530a306d0b27d76d36bccec0e147d\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"/><span>Source: NIO</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：蔚来</span></p></blockquote></p><p>With 33 sensors that use up to 8MP, NIO&#39;s sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO&#39;s sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO&#39;s offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO&#39;s self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn&#39;t be a very difficult task. Lucid&#39;s self-driving tech, even though it doesn&#39;t get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO&#39;s Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).</p><p><blockquote>凭借33个高达800万像素的传感器，蔚来的传感能力轻松击败了特斯拉。据首席执行官马斯克称，特斯拉Model 3已准备好实现全自动驾驶，仅使用8个摄像头，每个摄像头为120万像素。因此，ET7中蔚来的一个传感器的传感性能几乎相当于M3中所有摄像头的总和，而蔚来在其车型中使用了32个额外的传感器。显然，蔚来的产品是优越的——这显然是有代价的，因为蔚来在将最好的技术应用到其车辆中时并不吝啬。蔚来在ET7中使用的芯片的巨大处理能力也证明了这一点。ET7使用四个NVIDIA(NVDA)Orin SoC，每个SoC每秒提供略高于250万亿次运算，总计算能力超过1,000 TOPS，这在任何量产车中都是闻所未闻的。同时使用四个SoC还可以提供自动驾驶场景中关键系统所需的冗余。应该指出的是，蔚来的自动驾驶技术在软件方面还没有那么出色。至少目前，小鹏汽车（XPEV）等同行似乎采用了更强大的算法，但这是蔚来可以在未来几个季度和几年内解决的问题，并将未来的软件集成到配备顶级硬件的车辆中不应该是一项非常困难的任务。Lucid的自动驾驶技术尽管尚未得到太多认可，但看起来也一点也不差。DreamDrive套件使用32个板载传感器，几乎与蔚来的Aquila系统相当（与M3相比，传感器多4倍，据称从硬件角度来看，M3已准备好L5）。</blockquote></p><p></p><p>Strong tech alone doesn&#39;t make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles&#39; quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid&#39;s ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.</p><p><blockquote>然而，仅靠强大的技术并不能造就一辆有吸引力的汽车，因为设计、制造质量等也必须考虑在内。幸运的是，蔚来和Lucid在此基础上竞争非常好，尽管由于销量较低，Lucid的数据仍然有限——还没有太多人驾驶过Lucid Air，因此有关可靠性等的数据有限。然而，蔚来已经有一段时间每月销售数千辆汽车，并且其用户对车辆的质量非常满意。CnTechPost报道J.D。Power将蔚来评为国内质量最高的电动汽车公司，领先于特斯拉。Lucid在该国尚未活跃，但众多汽车记者和杂志的试驾普遍获得了非常积极的评价。因此，从设计、质量和技术的角度来看，蔚来和Lucid看起来都很强大，蔚来更关注电池更换和驾驶辅助等客户友好型项目，而Lucid则更关注发动机性能、电池技术等。这两种途径都有其优势，但我个人认为蔚来从其易于使用、客户友好的方法中受益更多，因为没有太多人会根据电池架构等标准购买电动汽车。尽管如此，Lucid开发高性能汽车的能力在未来竞争激烈的电动汽车行业应该会非常方便。</blockquote></p><p>With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.</p><p><blockquote>对于蔚来，市场现在担心的主要风险似乎是监管/政治。我个人不认为监管会给蔚来带来巨大风险。中国公司从未能够在内燃机汽车领域成功竞争，但随着电动汽车技术给整个全球汽车行业带来变革，中国看到了成为全球汽车强国的机会。伤害蔚来和其他中国电动汽车企业将与这些目标背道而驰，这就是为什么我认为中国更有兴趣培养自己的电动汽车企业，包括蔚来，而不是伤害他们。尽管如此，如今市场对每家中国公司都给予了折扣，蔚来也是如此——这对于那些寻求以低于平均水平的估值买入该公司的人来说可能是一件好事。</blockquote></p><p>For Lucid, regulation doesn&#39;t seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as &#34;Production Hell&#34;. The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It&#39;s not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID&#39;s high valuation could be a considerable risk - shares trade at around 30x next year&#39;s expected revenue, and there is no guarantee at all that those revenues will actually be generated.</p><p><blockquote>对于Lucid来说，监管似乎并不是一个重要的风险。相反，这里的主要风险是高估值和产量增加。正如特斯拉所表明的那样，提高汽车产量并不是一件容易的事。该公司经常不得不与延误和其他问题作斗争，有时被总结为“生产地狱”。Lucid可能也是如此，该公司将不得不在未来几个月和几个季度高速提高产量，以实现其雄心勃勃的生产目标。当然，不能确定它会遇到与其他制造商类似的问题，但由于缺乏经验，这似乎是一个值得关注的相当大的风险。最重要的是，LCID的高估值可能是一个相当大的风险——股票交易价格约为明年预期收入的30倍，而且根本不能保证这些收入会真正产生。</blockquote></p><p><b>Is Lucid Or NIO Stock The Better Buy?</b></p><p><blockquote><b>Lucid或蔚来股票更值得购买吗？</b></blockquote></p><p>Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.</p><p><blockquote>蔚来和Lucid都拥有有吸引力的产品，这些产品在越来越多进入者的电动汽车市场中似乎极具竞争力。我确实相信，在强大的技术、有吸引力的品牌和引人注目的产品质量的推动下，两家公司将在未来几年取得运营成功。然而，运营增长并不一定会导致股价增长，因为当以过高的价格买入时，估值可能会成为主要障碍。</blockquote></p><p>In NIO&#39;s case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year&#39;s expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year&#39;s sales.</p><p><blockquote>就蔚来而言，这似乎并不是一个过大的风险，因为相对于其他电动汽车公司的估值而言，其股价并不昂贵——蔚来的交易价格约为明年预期收入的4倍，与LCID、RIVN、TSLA相比有明显的折扣，等等。另一方面，Lucid的估值非常高，是明年销售额的30倍。</blockquote></p><p>I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.</p><p><blockquote>我确实相信，基于其更大的规模、更成熟的业务、更好的增产进展，以及更合理的估值，蔚来是当今这两家公司中更好的选择。对于那些有兴趣拥有这家顶级中国电动汽车公司的人来说，最近的股价下跌是一个有吸引力的切入点。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4477181-lucid-vs-nio-stock-better-buy\">Seeking Alpha</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":{"LCID":"Lucid Group Inc","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4477181-lucid-vs-nio-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139674064","content_text":"SummaryThe EV market is getting ever more competitive. Owning strong brands or tech will be important for companies to differentiate themselves from others.Both NIO and LCID have strong brands and great tech, which allow them to demand high ASPs.NIO seems like the lower-risk choice among these two, and due to being a lot farther along from a production ramp perspective, it is, I believe, the better choice today.Trygve Finkelsen/iStock Editorial via Getty ImagesArticle ThesisThe EV space has brought up many companies that do not seem too viable in the long run, but there are also strong contenders apart from Tesla (TSLA). In this report, we'll pit Lucid Group, Inc. (LCID) and NIO Inc. (NIO) against each other - two of the most interesting EV players that combine strong brands and high-end technological capabilities. In this report, we'll take a deeper dive into the tech and product side and will look at individual risks for both companies. Overall, I do believe that NIO is the more attractive choice among these two at current prices.Lucid And NIO In The EV MarketThe global EV market has been growing rapidly, with EV sales likely coming in a little north of six million, which is roughly twice as high as during the previous year. Clearly, EVs are a huge growth sector in the global automobile market, although it should be noted that most vehicles sold around the world are still powered by internal combustion engines. Over the years, EV market share should continue to climb rapidly, but it is not looking like EVs will dominate ICE vehicles any time soon.The market leaders in the EV space are Tesla and BYD (OTCPK:BYDDY), and, depending on how one counts plug-in hybrids, Volkswagen (OTCPK:VWAGY). NIO Inc. and Lucid Group, Inc. are not among the largest companies for now. NIO is selling around 11,000 vehicles a month right now, which translates into a ~130,000 annual sales pace. Sales have been growing quickly, however, which is why NIO will most likely sell more than 130,000 vehicles next year, as deliveries should continue to climb sequentially. Lucid is way smaller for now, in terms of deliveries, as the company has likely sold a couple of hundred vehicles this year. Next year, Lucid Group targets deliveries of around 20,000 vehicles - up by a lot versus 2021, but still a relatively small number compared to the deliveries NIO and many other peers will hit next year.LCID Vs. NIO's Past Quarterly PerformanceAs noted above, NIO's sales performance was way stronger than that of Lucid over the last three months, but that was hardly a surprise as LCID just began delivering vehicles to customers. On a share price basis, however, Lucid fared better:Data by YChartsOver the last three months, LCID is up close to 50%, whereas NIO saw its shares drop by close to 20% over the same time frame. In NIO's case, macro worries about Chinese regulation played a role, whereas LCID benefitted a lot from growing enthusiasm for US-based EV players caused by Rivian's (RIVN) huge IPO success. On top of that, the start of deliveries also attracted new investors to Lucid's stock. If analysts are correct, NIO is the much better value today:Data by YChartsShares are trading at less than half the consensus price target, which implies 100%+ upside over the next year, whereas LCID is trading almost perfectly in line with the current consensus price target - which implies no upside over the next year. NIO's underperformance over the last quarter thus seems to position the company well for a strong performance from the current level, whereas the same can't be said about Lucid.Lucid Vs. NIO Key MetricsLet's take a deeper look at the tech of the two companies, as well as at their branding, and their specific key risks. Both NIO and Lucid are active in the high-end segment of the EV industry, selling vehicles with ASPs well north of the average Tesla. NIO's ASP is around $70,000, and Lucid's ASP is even higher than that for now, as the company is selling the most expensive AirDreamversion first. Tesla, the current EV leader, has an ASP of around $50,000. Both NIO and Tesla are thus operating in a more luxurious, higher-end segment of the market compared to Tesla. How are these companies able to demand way higher ASPs than Tesla? There are several factors at play, including branding, but one of the most important factors is their great tech.NIO's battery-swapping technology, for example, allows its customers to fully \"recharge\" in a couple of minutes, while most other EVs take way longer to fully charge. Lucid doesn't employ battery-swapping, but its racing-tested 900V technology allows for both a huge range as well as for fast charging speeds - Lucid's architecture allows customers to charge up to 300 miles worth of energy in just 20 minutes. The Tesla S, for reference, uses a ~400V architecture that allows customers to recharge 200 miles in 15 minutes. Clearly, both NIO's solution, as well as Lucid's solution, seem superior compared to what Tesla is offering.NIO's and Lucid's tech also looks highly competitive when it comes to their respective batteries. The Lucid Air Dream has an EPA range of 520 miles, which should be sufficient for almost all use cases. NIO has a larger product portfolio compared to Lucid, but when we take a look at its top-end sedan, battery performance looks even better. The NIO ET7, with a 150kWh battery (smaller options are available, too), has a range of up to 1,000km, which equates to around 620 miles of range. Again, both NIO and Lucid perform well compared to Tesla - the flagship S Plaid has an EPA range of 350 miles. Thanks to its experience in developing and supplying racing engines for electric race cars, Lucid crafts an especially efficient engine:Source: Lucid presentationA smaller, more efficient engine results in lower resource usage and reduces the weight of the vehicle, all else equal. This does, in turn, lead to a longer range, and it also allows for better handling and driving performance, all else equal. Lucid is by far not the biggest EV player today, but its engineers have developed some of the most compelling products and solutions among all currently active EV players.NIO puts a lot of focus on technologies that will eventually allow for autonomous driving and puts massive numbers of sensors and huge computing power in its vehicles today. The ET7 uses the following sensing units for that goal:Source: NIOWith 33 sensors that use up to 8MP, NIO's sensing capabilities easily blow away those of Tesla. The Tesla Model 3, which is, according to CEO Musk, ready for full-self-driving, only uses 8 cameras with 1.2MP each. One of NIO's sensors in the ET7 thus has almost as much sensing performance as all of the cameras in the M3 combined - and NIO uses 32 additional sensors in its model. Clearly, NIO's offering is superior - and that obviously comes at a price, as NIO is not skimping when it comes to putting the best tech in its vehicles. This is also showcased by the massive processing power of the chips NIO uses in the ET7. The ET7 uses four NVIDIA (NVDA) Orin SoCs, each of which offers slightly more than 250 trillion operations per second, which makes for combined computing power of more than 1,000 TOPS - unheard of in any production vehicle. Using four SoCs at the same time also provides for the redundancy that is required for critical systems in a self-driving scenario. it should be noted that NIO's self-driving tech is not as excellent on the software side - yet. At least for now, peers such as XPeng (XPEV) seem to employ the stronger algorithms, but that is a problem that NIO can solve over the coming quarters and years, and integrating future software in its vehicles that come with top-notch hardware shouldn't be a very difficult task. Lucid's self-driving tech, even though it doesn't get a lot of recognition yet, is not looking bad at all, either. The DreamDrive suite utilizes 32 onboard sensors, almost on par with NIO's Aquila system (and 4x more sensors compared to the M3, which is allegedly L5 ready from a hardware perspective).Strong tech alone doesn't make for an attractive vehicle, however, as design, manufacturing quality, etc. have to be considered as well. Luckily, both NIO and Lucid compete very well on that basis, although the data on Lucid is still limited due to the low sales numbers - not too many people have driven a Lucid Air yet, thus data about reliability, etc. is limited. NIO, however, has been selling thousands of vehicles a month for quite some time, and its users are very satisfied with the vehicles' quality. CnTechPost reports that J.D. Power has rated NIO the highest-quality EV company in China, ahead of Tesla. Lucid is not active in the country yet, but test drives by a wide range of auto journalists and magazines have generally resulted in very positive reviews. Both NIO and Lucid thus look strong from a design, quality, and tech perspective, with NIO putting more focus on customer-friendly items such as battery-swapping and driving assistance, whereas Lucid puts more focus on engine performance, battery tech, etc. Both avenues have their advantages, but I personally could see NIO benefit more from its easy-to-use, customer-friendly approach, as not too many people will buy an EV based on criteria such as the battery architecture. Still, Lucid's ability to develop high-performing vehicles should come in very handy in the highly competitive EV industry going forward.With NIO, the main risk the market seems to worry about now is regulation/politics. I personally do not believe that regulation will be a huge risk for NIO. Chinese companies never were able to compete successfully in the ICE vehicle space, but with EV technologies bringing change to the entire global automobile industry, China saw its chance to become a global automobile powerhouse. Hurting NIO and other Chinese EV players would run contrary to those goals, which is why I believe that China is more interested in nurturing its own EV players, including NIO, instead of hurting them. Still, the market puts a discount on every Chinese company today, and that holds true for NIO as well - which might be a good thing for those seeking to buy into the company at a below-average valuation.For Lucid, regulation doesn't seem like an important risk. Instead, the main risks here are the high valuation and the production ramp. As Tesla has shown, ramping up vehicle production is no easy task. The company oftentimes had to battle with delays and other issues, sometimes summarized as \"Production Hell\". The same could hold true for Lucid, which will have to ramp up production at a high speed in the coming months and quarters in order to meet its ambitious production goals. It's not a certainty that it will experience similar issues to other manufacturers, of course, but due to a lack of experience, this seems a considerable risk worth keeping an eye on. On top of that, LCID's high valuation could be a considerable risk - shares trade at around 30x next year's expected revenue, and there is no guarantee at all that those revenues will actually be generated.Is Lucid Or NIO Stock The Better Buy?Both NIO and Lucid have attractive products that seem highly competitive in the EV market that is seeing more and more entrants. I do believe that both companies will have operational success over the coming years, driven by strong tech, attractive brands, and compelling product quality. Operational growth does not necessarily result in share price growth, however, as valuations can be a major hurdle when one buys at a price that is too high.In NIO's case, that does not seem like an overly large risk, as shares are inexpensive relative to how other EV players are valued - NIO trades at ~4x next year's expected revenue, which represents a clear discount compared to LCID, RIVN, TSLA, and so on. Lucid, on the other hand, is trading at a very premium valuation of 30x next year's sales.I do believe that, based on its larger size, more established operations, better progress in ramping production, and due to its much more reasonable valuation, NIO is the better pick among these two today.The recent share price decline makes for an attractive entry point for those interested in owning this top-notch Chinese EV player.","news_type":1,"symbols_score_info":{"LCID":0.9,"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":2161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":134125137,"gmtCreate":1622212046029,"gmtModify":1631891119719,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Alr at $24!","listText":"Alr at $24!","text":"Alr at $24!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134125137","repostId":"1157072297","repostType":2,"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129657498,"gmtCreate":1624372053814,"gmtModify":1631887422872,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"True...but am holding on to PLTR for long! Who's in?","listText":"True...but am holding on to PLTR for long! Who's in?","text":"True...but am holding on to PLTR for long! Who's in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129657498","repostId":"1111429380","repostType":2,"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195561474,"gmtCreate":1621302315398,"gmtModify":1631891119768,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Seriously 😑","listText":"Seriously 😑","text":"Seriously 😑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195561474","repostId":"1190950560","repostType":4,"repost":{"id":"1190950560","kind":"news","pubTimestamp":1621299973,"share":"https://www.laohu8.com/m/news/1190950560?lang=zh_CN&edition=full","pubTime":"2021-05-18 09:06","market":"us","language":"en","title":"Coinbase Is Issuing a Convertible Bond. Why Its Stock Is Dropping.<blockquote>Coinbase正在发行可转换债券。为什么它的股票在下跌。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1190950560","media":"barrons","summary":"Cryptocurrency exchange  Coinbase Global surprised investors Monday evening with a convertible bond ","content":"<p>Cryptocurrency exchange&nbsp; Coinbase Global&nbsp;surprised investors Monday evening with a convertible bond offering that raises several new questions for investors—including one that investors haven’t heard about before in prior company filings. More questions mean more uncertainty, and investors hate uncertainty. Coinbase shares are falling as a result.</p><p><blockquote>加密货币交易所Coinbase Global周一晚间发行的可转换债券令投资者感到惊讶，这给投资者提出了几个新问题，其中包括投资者在之前的公司文件中没有听说过的一个问题。更多的问题意味着更多的不确定性，投资者讨厌不确定性。Coinbase股价因此下跌。</blockquote></p><p> Coinbase (ticker: COIN) is raising about $1.3 billion in a convertible bond sale. Shares are down about 2.6% in after-hours trading.</p><p><blockquote>Coinbase（股票代码：COIN）正在通过可转换债券发行筹集约13亿美元。盘后交易中股价下跌约2.6%。</blockquote></p><p> There are a few reasons the stock is weak. For starters, Coinbase is selling convertible bonds and, as their name implies, the bonds can be converted into stock, under certain conditions. More stock is dilutive to existing shareholders.</p><p><blockquote>该股疲软有几个原因。首先，Coinbase正在出售可转换债券，顾名思义，这些债券在某些条件下可以转换为股票。更多的股票会稀释现有股东的利益。</blockquote></p><p> And when a convertible bond is issued, arbitrage traders oftentimes will buy the convertible bond and short the company stock, essentially locking in a yield they find attractive. Shorting a stock generates selling pressure, and a stock can fall in the immediate aftermath of a convertible sale.</p><p><blockquote>当可转换债券发行时，套利交易者通常会购买可转换债券并做空公司股票，基本上锁定他们认为有吸引力的收益率。做空股票会产生抛售压力，股票可能会在可转换股票出售后立即下跌。</blockquote></p><p> Dilution and arbitrage aside, investors might also be questioning the timing of this bond sale. The offering comes about a month after the company completed its direct stock listing. Coinbase didn’t pursue a traditional initial public offering because, presumably, it didn’t need the cash. The company generates positive cash flow, is growing rapidly, and analysts are upbeat about earnings prospects. So why raise money now? And why with a bond? Those questions don’t really have answers yet.</p><p><blockquote>除了稀释和套利之外，投资者可能还会质疑此次债券发售的时机。此次发行是在该公司完成直接股票上市大约一个月后进行的。Coinbase没有进行传统的首次公开募股，大概是因为它不需要现金。该公司产生正现金流，增长迅速，分析师对盈利前景持乐观态度。那么为什么现在要筹集资金呢？为什么是债券？这些问题还没有真正的答案。</blockquote></p><p> Coinbase, around the time of its direct listing, did say a direct listing was more in keeping with the ethos of cryptocurrencies. IPOs are run by large banks, which typically reward their best customers. That’s one potential answer to why now and why a bond.</p><p><blockquote>Coinbase在直接上市时确实表示，直接上市更符合加密货币的风气。首次公开募股由大型银行进行，这些银行通常会奖励最好的客户。这是为什么是现在以及为什么是债券的一个潜在答案。</blockquote></p><p> But there is one other question raised by the offering. The news release says the purpose of the offering is to strengthen the company’s balance sheet. The cash will be used for “general corporate purposes, which may include working capital and capital expenditures, and to pay the cost of the capped call transactions.”</p><p><blockquote>但此次发行还引发了另一个问题。新闻稿称，此次发行的目的是加强公司的资产负债表。这笔现金将用于“一般公司用途，其中可能包括营运资金和资本支出，以及支付上限看涨期权交易的成本”。</blockquote></p><p> A capped call is a call option trade that limits the call buyer’s upside. A traditional call option gives the buyer the right to buy something at a fixed price. The gain is theoretically limitless. The capped call just has a cap. Capped calls don’t show up in a search of the company’s prospectus. The capped call is most likely to limit the dilution of the offering by limiting the number of shares issued. If that’s the case, then why not just issue a smaller bond with less dilution and no cash paid for capping dilution?</p><p><blockquote>上限看涨期权是一种限制看涨期权买家上涨空间的看涨期权期权交易。传统的看涨期权期权赋予买方以固定价格购买商品的权利。理论上增益是无限的。带帽的看涨期权只有一顶帽子。封顶评级不会出现在公司招股说明书的搜索中。有上限的看涨期权最有可能通过限制发行的股票数量来限制发行的稀释。如果是这样的话，那么为什么不发行稀释度较小的债券，并且不为限制稀释度支付现金呢？</blockquote></p><p> Coinbase referred <i>Barron’s</i> to its news release when asked about details of the convertible offering.</p><p><blockquote>Coinbase推荐<i>巴伦周刊</i>当被问及可转换发行的细节时。</blockquote></p><p> Coinbase listed its shares for trading at $250. The stock closed at about $328 the first day but have since fallen 24% to just below $248.24. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average,by comparison, are both up a little over the same span.</p><p><blockquote>Coinbase上市交易价格为250美元。该股首日收盘价约为328美元，但此后已下跌24%，至略低于248.24美元。相比之下，标准普尔500指数和道琼斯工业平均指数在同一时期均小幅上涨。</blockquote></p><p> Now, Coinbase stock is down 2.6% at $241.75 in after-hours trading. Don’t be surprised if it remains weak until some of these questions are answered.</p><p><blockquote>目前，Coinbase股价在盘后交易中下跌2.6%，至241.75美元。如果在这些问题得到回答之前，它仍然疲软，不要感到惊讶。</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>Coinbase Is Issuing a Convertible Bond. Why Its Stock Is Dropping.<blockquote>Coinbase正在发行可转换债券。为什么它的股票在下跌。</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\">\nCoinbase Is Issuing a Convertible Bond. Why Its Stock Is Dropping.<blockquote>Coinbase正在发行可转换债券。为什么它的股票在下跌。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">barrons</strong><span class=\"h-time small\">2021-05-18 09:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Cryptocurrency exchange&nbsp; Coinbase Global&nbsp;surprised investors Monday evening with a convertible bond offering that raises several new questions for investors—including one that investors haven’t heard about before in prior company filings. More questions mean more uncertainty, and investors hate uncertainty. Coinbase shares are falling as a result.</p><p><blockquote>加密货币交易所Coinbase Global周一晚间发行的可转换债券令投资者感到惊讶，这给投资者提出了几个新问题，其中包括投资者在之前的公司文件中没有听说过的一个问题。更多的问题意味着更多的不确定性，投资者讨厌不确定性。Coinbase股价因此下跌。</blockquote></p><p> Coinbase (ticker: COIN) is raising about $1.3 billion in a convertible bond sale. Shares are down about 2.6% in after-hours trading.</p><p><blockquote>Coinbase（股票代码：COIN）正在通过可转换债券发行筹集约13亿美元。盘后交易中股价下跌约2.6%。</blockquote></p><p> There are a few reasons the stock is weak. For starters, Coinbase is selling convertible bonds and, as their name implies, the bonds can be converted into stock, under certain conditions. More stock is dilutive to existing shareholders.</p><p><blockquote>该股疲软有几个原因。首先，Coinbase正在出售可转换债券，顾名思义，这些债券在某些条件下可以转换为股票。更多的股票会稀释现有股东的利益。</blockquote></p><p> And when a convertible bond is issued, arbitrage traders oftentimes will buy the convertible bond and short the company stock, essentially locking in a yield they find attractive. Shorting a stock generates selling pressure, and a stock can fall in the immediate aftermath of a convertible sale.</p><p><blockquote>当可转换债券发行时，套利交易者通常会购买可转换债券并做空公司股票，基本上锁定他们认为有吸引力的收益率。做空股票会产生抛售压力，股票可能会在可转换股票出售后立即下跌。</blockquote></p><p> Dilution and arbitrage aside, investors might also be questioning the timing of this bond sale. The offering comes about a month after the company completed its direct stock listing. Coinbase didn’t pursue a traditional initial public offering because, presumably, it didn’t need the cash. The company generates positive cash flow, is growing rapidly, and analysts are upbeat about earnings prospects. So why raise money now? And why with a bond? Those questions don’t really have answers yet.</p><p><blockquote>除了稀释和套利之外，投资者可能还会质疑此次债券发售的时机。此次发行是在该公司完成直接股票上市大约一个月后进行的。Coinbase没有进行传统的首次公开募股，大概是因为它不需要现金。该公司产生正现金流，增长迅速，分析师对盈利前景持乐观态度。那么为什么现在要筹集资金呢？为什么是债券？这些问题还没有真正的答案。</blockquote></p><p> Coinbase, around the time of its direct listing, did say a direct listing was more in keeping with the ethos of cryptocurrencies. IPOs are run by large banks, which typically reward their best customers. That’s one potential answer to why now and why a bond.</p><p><blockquote>Coinbase在直接上市时确实表示，直接上市更符合加密货币的风气。首次公开募股由大型银行进行，这些银行通常会奖励最好的客户。这是为什么是现在以及为什么是债券的一个潜在答案。</blockquote></p><p> But there is one other question raised by the offering. The news release says the purpose of the offering is to strengthen the company’s balance sheet. The cash will be used for “general corporate purposes, which may include working capital and capital expenditures, and to pay the cost of the capped call transactions.”</p><p><blockquote>但此次发行还引发了另一个问题。新闻稿称，此次发行的目的是加强公司的资产负债表。这笔现金将用于“一般公司用途，其中可能包括营运资金和资本支出，以及支付上限看涨期权交易的成本”。</blockquote></p><p> A capped call is a call option trade that limits the call buyer’s upside. A traditional call option gives the buyer the right to buy something at a fixed price. The gain is theoretically limitless. The capped call just has a cap. Capped calls don’t show up in a search of the company’s prospectus. The capped call is most likely to limit the dilution of the offering by limiting the number of shares issued. If that’s the case, then why not just issue a smaller bond with less dilution and no cash paid for capping dilution?</p><p><blockquote>上限看涨期权是一种限制看涨期权买家上涨空间的看涨期权期权交易。传统的看涨期权期权赋予买方以固定价格购买商品的权利。理论上增益是无限的。带帽的看涨期权只有一顶帽子。封顶评级不会出现在公司招股说明书的搜索中。有上限的看涨期权最有可能通过限制发行的股票数量来限制发行的稀释。如果是这样的话，那么为什么不发行稀释度较小的债券，并且不为限制稀释度支付现金呢？</blockquote></p><p> Coinbase referred <i>Barron’s</i> to its news release when asked about details of the convertible offering.</p><p><blockquote>Coinbase推荐<i>巴伦周刊</i>当被问及可转换发行的细节时。</blockquote></p><p> Coinbase listed its shares for trading at $250. The stock closed at about $328 the first day but have since fallen 24% to just below $248.24. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average,by comparison, are both up a little over the same span.</p><p><blockquote>Coinbase上市交易价格为250美元。该股首日收盘价约为328美元，但此后已下跌24%，至略低于248.24美元。相比之下，标准普尔500指数和道琼斯工业平均指数在同一时期均小幅上涨。</blockquote></p><p> Now, Coinbase stock is down 2.6% at $241.75 in after-hours trading. Don’t be surprised if it remains weak until some of these questions are answered.</p><p><blockquote>目前，Coinbase股价在盘后交易中下跌2.6%，至241.75美元。如果在这些问题得到回答之前，它仍然疲软，不要感到惊讶。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/coinbase-is-issuing-a-convertible-bond-why-its-stock-is-dropping-51621288490?siteid=yhoof2\">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":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.barrons.com/articles/coinbase-is-issuing-a-convertible-bond-why-its-stock-is-dropping-51621288490?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190950560","content_text":"Cryptocurrency exchange  Coinbase Global surprised investors Monday evening with a convertible bond offering that raises several new questions for investors—including one that investors haven’t heard about before in prior company filings. More questions mean more uncertainty, and investors hate uncertainty. Coinbase shares are falling as a result.\nCoinbase (ticker: COIN) is raising about $1.3 billion in a convertible bond sale. Shares are down about 2.6% in after-hours trading.\nThere are a few reasons the stock is weak. For starters, Coinbase is selling convertible bonds and, as their name implies, the bonds can be converted into stock, under certain conditions. More stock is dilutive to existing shareholders.\nAnd when a convertible bond is issued, arbitrage traders oftentimes will buy the convertible bond and short the company stock, essentially locking in a yield they find attractive. Shorting a stock generates selling pressure, and a stock can fall in the immediate aftermath of a convertible sale.\nDilution and arbitrage aside, investors might also be questioning the timing of this bond sale. The offering comes about a month after the company completed its direct stock listing. Coinbase didn’t pursue a traditional initial public offering because, presumably, it didn’t need the cash. The company generates positive cash flow, is growing rapidly, and analysts are upbeat about earnings prospects. So why raise money now? And why with a bond? Those questions don’t really have answers yet.\nCoinbase, around the time of its direct listing, did say a direct listing was more in keeping with the ethos of cryptocurrencies. IPOs are run by large banks, which typically reward their best customers. That’s one potential answer to why now and why a bond.\nBut there is one other question raised by the offering. The news release says the purpose of the offering is to strengthen the company’s balance sheet. The cash will be used for “general corporate purposes, which may include working capital and capital expenditures, and to pay the cost of the capped call transactions.”\nA capped call is a call option trade that limits the call buyer’s upside. A traditional call option gives the buyer the right to buy something at a fixed price. The gain is theoretically limitless. The capped call just has a cap. Capped calls don’t show up in a search of the company’s prospectus. The capped call is most likely to limit the dilution of the offering by limiting the number of shares issued. If that’s the case, then why not just issue a smaller bond with less dilution and no cash paid for capping dilution?\nCoinbase referred Barron’s to its news release when asked about details of the convertible offering.\nCoinbase listed its shares for trading at $250. The stock closed at about $328 the first day but have since fallen 24% to just below $248.24. The S&P 500 and Dow Jones Industrial Average,by comparison, are both up a little over the same span.\nNow, Coinbase stock is down 2.6% at $241.75 in after-hours trading. Don’t be surprised if it remains weak until some of these questions are answered.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199342794,"gmtCreate":1620688519118,"gmtModify":1631892936720,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Buy if&nbsp;you have plenty of spare cash","listText":"Buy if&nbsp;you have plenty of spare cash","text":"Buy if you have plenty of spare cash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/199342794","repostId":"1167387222","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104543659,"gmtCreate":1620399853871,"gmtModify":1631892936726,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Happy to see PLTR making into his list of recommended buys!","listText":"Happy to see PLTR making into his list of recommended buys!","text":"Happy to see PLTR making into his list of recommended buys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/104543659","repostId":"2133520488","repostType":2,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345723154,"gmtCreate":1618355330378,"gmtModify":1634293573387,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Holding on to pltr strong!","listText":"Holding on to pltr strong!","text":"Holding on to pltr strong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345723154","repostId":"1113147296","repostType":4,"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349501456,"gmtCreate":1617621384375,"gmtModify":1634297521547,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"Aiya didn't buy more...","listText":"Aiya didn't buy more...","text":"Aiya didn't buy more...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349501456","repostId":"1103962313","repostType":4,"repost":{"id":"1103962313","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":1617613431,"share":"https://www.laohu8.com/m/news/1103962313?lang=zh_CN&edition=full","pubTime":"2021-04-05 17:03","market":"us","language":"en","title":"Tesla shares surged 6.5% in premarket trading<blockquote>特斯拉股价在盘前交易中飙升6.5%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103962313","media":"Tiger Newspress","summary":"Tesla shares surged 6.5% to $704.4 in premarket trading.Tesla delivered more than expected in the fi","content":"<p>Tesla shares surged 6.5%&nbsp;to&nbsp;$704.4 in premarket trading.</p><p><blockquote>特斯拉股价在盘前交易中飙升6.5%至704.4美元。</blockquote></p><p>Tesla delivered more than expected in the first quarter, and several investment banks raised their target prices.</p><p><blockquote>特斯拉一季度交付超预期多家投行上调目标价。</blockquote></p><p><img src=\"https://static.tigerbbs.com/0177d428b3156542cecf3b3dabde867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Tesla announced that it shipped 184,800 electric vehicles in 1Q, which exceeded the previous record of 180,570 units achieved in the fourth quarter of 2020. Moreover, 1Q vehicle shipments came in well above analysts’ expectations of 177,822 units.</p><p><blockquote>特斯拉宣布，1Q电动汽车出货量为18.48万辆，超过了此前在2020年第四季度创下的18.057万辆的纪录。此外，第一季度汽车出货量远高于分析师预期的177,822辆。</blockquote></p><p>Following the quarterly production and delivery numbers, Wedbush analyst&nbsp;Daniel Ives&nbsp;upgraded the stock to Buy from Hold and raised the price target to $1,000 (51.1% upside potential) from $950.</p><p><blockquote>在公布季度生产和交付数据后，Wedbush分析师Daniel Ives将该股评级从持有上调至买入，并将目标价从950美元上调至1,000美元（上涨潜力为51.1%）。</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 surged 6.5% in premarket trading<blockquote>特斯拉股价在盘前交易中飙升6.5%</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 shares surged 6.5% in premarket trading<blockquote>特斯拉股价在盘前交易中飙升6.5%</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\">2021-04-05 17:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tesla shares surged 6.5%&nbsp;to&nbsp;$704.4 in premarket trading.</p><p><blockquote>特斯拉股价在盘前交易中飙升6.5%至704.4美元。</blockquote></p><p>Tesla delivered more than expected in the first quarter, and several investment banks raised their target prices.</p><p><blockquote>特斯拉一季度交付超预期多家投行上调目标价。</blockquote></p><p><img src=\"https://static.tigerbbs.com/0177d428b3156542cecf3b3dabde867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p>Tesla announced that it shipped 184,800 electric vehicles in 1Q, which exceeded the previous record of 180,570 units achieved in the fourth quarter of 2020. Moreover, 1Q vehicle shipments came in well above analysts’ expectations of 177,822 units.</p><p><blockquote>特斯拉宣布，1Q电动汽车出货量为18.48万辆，超过了此前在2020年第四季度创下的18.057万辆的纪录。此外，第一季度汽车出货量远高于分析师预期的177,822辆。</blockquote></p><p>Following the quarterly production and delivery numbers, Wedbush analyst&nbsp;Daniel Ives&nbsp;upgraded the stock to Buy from Hold and raised the price target to $1,000 (51.1% upside potential) from $950.</p><p><blockquote>在公布季度生产和交付数据后，Wedbush分析师Daniel Ives将该股评级从持有上调至买入，并将目标价从950美元上调至1,000美元（上涨潜力为51.1%）。</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":"1103962313","content_text":"Tesla shares surged 6.5% to $704.4 in premarket trading.Tesla delivered more than expected in the first quarter, and several investment banks raised their target prices.Tesla announced that it shipped 184,800 electric vehicles in 1Q, which exceeded the previous record of 180,570 units achieved in the fourth quarter of 2020. Moreover, 1Q vehicle shipments came in well above analysts’ expectations of 177,822 units.Following the quarterly production and delivery numbers, Wedbush analyst Daniel Ives upgraded the stock to Buy from Hold and raised the price target to $1,000 (51.1% upside potential) from $950.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323382743,"gmtCreate":1615303435582,"gmtModify":1703487104146,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/323382743","repostId":"1101563548","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367042006,"gmtCreate":1614898815005,"gmtModify":1703482638987,"author":{"id":"3576144409995554","authorId":"3576144409995554","name":"TheCSM","avatar":"https://static.tigerbbs.com/6efc7d366993c14843b768fab99c5631","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576144409995554","idStr":"3576144409995554"},"themes":[],"htmlText":"I have sold some other stocks, preparing to buy the dip!","listText":"I have sold some other stocks, preparing to buy the dip!","text":"I have sold some other stocks, preparing to buy the dip!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/367042006","repostId":"1191218213","repostType":2,"repost":{"id":"1191218213","kind":"news","pubTimestamp":1614845546,"share":"https://www.laohu8.com/m/news/1191218213?lang=zh_CN&edition=full","pubTime":"2021-03-04 16:12","market":"us","language":"en","title":"Why Tesla Stock Fell Sharply (Again) on Wednesday<blockquote>为什么特斯拉股价周三（再次）大幅下跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1191218213","media":"Motley Fool","summary":"What happenedShares of Tesla were hit hard on Wednesday. The stock fell 4.8% by the time the market ","content":"<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Shares of&nbsp;<b>Tesla</b>&nbsp;were hit hard on Wednesday. The stock fell 4.8% by the time the market closed.</p><p><blockquote>本公司之股份<b>特斯拉</b>周三遭受重创。截至收盘，该股下跌4.8%。</blockquote></p><p>The stock is likely down primarily because of a decline in the overall market that weighed particularly heavily ongrowth stockslike Tesla. However, shares may also be down because of a note from&nbsp;<b>Morgan Stanley</b>&nbsp;analyst Adam Jonas about&nbsp;<b>Ford</b>'s new electric Mustang Mach-E taking market share from Tesla in February.</p><p><blockquote>该股可能下跌的主要原因是整体市场下跌，这对特斯拉等成长型股票的影响尤其严重。然而，股价也可能下跌，因为来自<b>摩根士丹利</b>分析师亚当·乔纳斯关于<b>福特</b>新款电动野马Mach-E二月份从特斯拉手中夺走了市场份额。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Jonas estimates that Tesla's market share of the EV market in the U.S. dropped from 81% in February of 2020 to 69% in February of 2021, largely due to market share gains from the new Mustang Mach-E.</p><p><blockquote>Jonas估计，特斯拉在美国电动汽车市场的市场份额从2020年2月的81%下降至2021年2月的69%，这主要是由于新款野马Mach-E的市场份额增长。</blockquote></p><p>Still, this doesn't mean Tesla's electric vehicle sales are faring poorly; the overall EV market grew 40% year over year during the period, Jonas estimates.</p><p><blockquote>尽管如此，这并不意味着特斯拉的电动汽车销量表现不佳；Jonas估计，在此期间，整个电动汽车市场同比增长了40%。</blockquote></p><p>The main reason for the stock's decline, however, is likely a pullback in the overall market on Wednesday. The<b>S&amp;P 500</b>and<b>Nasdaq Composite</b>fell 1.3% and 2.7%, respectively. Many growth stocks like Tesla fell even more.</p><p><blockquote>然而，该股下跌的主要原因可能是周三整体市场的回调。The<b>标普500</b>和<b>纳斯达克复合材料</b>分别下跌1.3%和2.7%。特斯拉等许多成长股跌幅更大。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Tesla stock's decline adds to an overall downward trend for the stock in recent weeks. After shares rose to an all-time high of $900.40 earlier this year, the stock is now down 7% year to date, underperforming the S&amp;P 500's 2% decline.</p><p><blockquote>特斯拉股价的下跌加剧了该股最近几周的整体下跌趋势。在今年早些时候股价升至900.40美元的历史高点后，该股今年迄今已下跌7%，表现逊于标普500 2%的跌幅。</blockquote></p><p>Investors should expect more volatility from Tesla shares, as growth stocks are typically much more volatile than the overall market.</p><p><blockquote>投资者应该预计特斯拉股票的波动性会更大，因为成长型股票的波动性通常比整体市场大得多。</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>Why Tesla Stock Fell Sharply (Again) on Wednesday<blockquote>为什么特斯拉股价周三（再次）大幅下跌</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\">\nWhy Tesla Stock Fell Sharply (Again) on Wednesday<blockquote>为什么特斯拉股价周三（再次）大幅下跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-03-04 16:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>What happened</b></p><p><blockquote><b>发生了什么</b></blockquote></p><p>Shares of&nbsp;<b>Tesla</b>&nbsp;were hit hard on Wednesday. The stock fell 4.8% by the time the market closed.</p><p><blockquote>本公司之股份<b>特斯拉</b>周三遭受重创。截至收盘，该股下跌4.8%。</blockquote></p><p>The stock is likely down primarily because of a decline in the overall market that weighed particularly heavily ongrowth stockslike Tesla. However, shares may also be down because of a note from&nbsp;<b>Morgan Stanley</b>&nbsp;analyst Adam Jonas about&nbsp;<b>Ford</b>'s new electric Mustang Mach-E taking market share from Tesla in February.</p><p><blockquote>该股可能下跌的主要原因是整体市场下跌，这对特斯拉等成长型股票的影响尤其严重。然而，股价也可能下跌，因为来自<b>摩根士丹利</b>分析师亚当·乔纳斯关于<b>福特</b>新款电动野马Mach-E二月份从特斯拉手中夺走了市场份额。</blockquote></p><p><b>So what</b></p><p><blockquote><b>那又怎样</b></blockquote></p><p>Jonas estimates that Tesla's market share of the EV market in the U.S. dropped from 81% in February of 2020 to 69% in February of 2021, largely due to market share gains from the new Mustang Mach-E.</p><p><blockquote>Jonas估计，特斯拉在美国电动汽车市场的市场份额从2020年2月的81%下降至2021年2月的69%，这主要是由于新款野马Mach-E的市场份额增长。</blockquote></p><p>Still, this doesn't mean Tesla's electric vehicle sales are faring poorly; the overall EV market grew 40% year over year during the period, Jonas estimates.</p><p><blockquote>尽管如此，这并不意味着特斯拉的电动汽车销量表现不佳；Jonas估计，在此期间，整个电动汽车市场同比增长了40%。</blockquote></p><p>The main reason for the stock's decline, however, is likely a pullback in the overall market on Wednesday. The<b>S&amp;P 500</b>and<b>Nasdaq Composite</b>fell 1.3% and 2.7%, respectively. Many growth stocks like Tesla fell even more.</p><p><blockquote>然而，该股下跌的主要原因可能是周三整体市场的回调。The<b>标普500</b>和<b>纳斯达克复合材料</b>分别下跌1.3%和2.7%。特斯拉等许多成长股跌幅更大。</blockquote></p><p><b>Now what</b></p><p><blockquote><b>现在怎么办</b></blockquote></p><p>Tesla stock's decline adds to an overall downward trend for the stock in recent weeks. After shares rose to an all-time high of $900.40 earlier this year, the stock is now down 7% year to date, underperforming the S&amp;P 500's 2% decline.</p><p><blockquote>特斯拉股价的下跌加剧了该股最近几周的整体下跌趋势。在今年早些时候股价升至900.40美元的历史高点后，该股今年迄今已下跌7%，表现逊于标普500 2%的跌幅。</blockquote></p><p>Investors should expect more volatility from Tesla shares, as growth stocks are typically much more volatile than the overall market.</p><p><blockquote>投资者应该预计特斯拉股票的波动性会更大，因为成长型股票的波动性通常比整体市场大得多。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/03/03/why-tesla-stock-fell-sharply-on-wednesday/\">Motley Fool</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.fool.com/investing/2021/03/03/why-tesla-stock-fell-sharply-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191218213","content_text":"What happenedShares of Tesla were hit hard on Wednesday. The stock fell 4.8% by the time the market closed.The stock is likely down primarily because of a decline in the overall market that weighed particularly heavily ongrowth stockslike Tesla. However, shares may also be down because of a note from Morgan Stanley analyst Adam Jonas about Ford's new electric Mustang Mach-E taking market share from Tesla in February.So whatJonas estimates that Tesla's market share of the EV market in the U.S. dropped from 81% in February of 2020 to 69% in February of 2021, largely due to market share gains from the new Mustang Mach-E.Still, this doesn't mean Tesla's electric vehicle sales are faring poorly; the overall EV market grew 40% year over year during the period, Jonas estimates.The main reason for the stock's decline, however, is likely a pullback in the overall market on Wednesday. TheS&P 500andNasdaq Compositefell 1.3% and 2.7%, respectively. Many growth stocks like Tesla fell even more.Now whatTesla stock's decline adds to an overall downward trend for the stock in recent weeks. After shares rose to an all-time high of $900.40 earlier this year, the stock is now down 7% year to date, underperforming the S&P 500's 2% decline.Investors should expect more volatility from Tesla shares, as growth stocks are typically much more volatile than the overall market.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}