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小红盛虎

小红盛虎

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2021-10-09

$Financial Select Sector SPDR Fund(XLF)$有所期待

2021-09-05

They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.

2021-08-28

//@LinHart: Pls like

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2021-08-03

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2021-07-11

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PepsiCo Reports Earnings Next Week. Buy the Stock Now, Analyst Says.<blockquote>百事公司下周公布财报。分析师表示，立即购买该股票。</blockquote>

2021-07-22

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Startup Claims Breakthrough in Long-Duration Batteries<blockquote>初创公司声称在长效电池方面取得突破</blockquote>

2021-10-07

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2021-07-31

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2021-07-21

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2021-08-21

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Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>

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跌近2%；连跌多日的濠赌股反弹，内房股与物管股多数高开，龙光集团涨近3%。","images":[{"img":"https://static.tigerbbs.com/a6939ac49dd09755314e901a2a075472","width":"554","height":"547"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607643497","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":4043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842913323,"gmtCreate":1636124613310,"gmtModify":1636124613567,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842913323","repostId":"1171686550","repostType":4,"repost":{"id":"1171686550","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":1636122608,"share":"https://www.laohu8.com/m/news/1171686550?lang=zh_CN&edition=full","pubTime":"2021-11-05 22:30","market":"us","language":"en","title":"Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商Workhorse正在接受司法部调查</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1171686550","media":"Tiger Newspress","summary":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being in","content":"<p>Electric-van maker&nbsp;Workhorse stock Dived 9% in morning trading&nbsp;after&nbsp;the&nbsp;report&nbsp;that&nbsp;it was being investigated by the&nbsp;Justice Department, documents showed,according to&nbsp;The Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，文件显示，电动货车制造商Workhorse的股价在早盘交易中下跌9%，此前该公司正在接受司法部调查。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Justice Department has opened an investigation into electric-van startup&nbsp;Workhorse&nbsp;Inc.,according to documents reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的文件，司法部已对电动货车初创公司Workhorse Inc.展开调查。</blockquote></p><p> The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p><p><blockquote>文件中没有透露调查的重点，该调查由曼哈顿的美国检察官办公室进行。</blockquote></p><p> Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p><p><blockquote>曼哈顿美国检察官办公室和Workhorse的发言人拒绝对调查发表评论。</blockquote></p><p> Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company&nbsp;was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p><p><blockquote>美国证券交易委员会也在调查Workhorse，《华尔街日报》9月份报道了该委员会对该公司的调查。Workhorse此后表示，已将其向安全监管机构做出的错误陈述通知了SEC。</blockquote></p><p> Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p><p><blockquote>Workhorse股价周四收于7.22美元，较2月份41.34美元的历史高点下跌82%。自7月下旬以来，该公司任命了新的执行领导层，撤回了财务指导，停止了生产，并召回了已经交付给客户的货车。</blockquote></p><p> Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p><p><blockquote>去年，电动汽车初创公司涌入了数十亿美元，其中许多是通过与特殊目的收购公司（SPAC）合并获得的。Workhorse作为一家上市公司的历史可以追溯到2010年，但去年其股价受益于投资者对电动汽车兴趣的增加。2020年3月至今年2月期间，Workhorse的股价飙升了2,000%以上。</blockquote></p><p> Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p><p><blockquote>Workhorse是过去14个月内第三家受到联邦检察官和证券监管机构审查的电动汽车公司。</blockquote></p><p> This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup&nbsp;Nikola&nbsp;Corp.On Thursday,Nikola said it was putting aside $125 million&nbsp;ahead of a potential settlement with the SEC.</p><p><blockquote>今年7月，司法部和美国证券交易委员会对氢卡车初创公司Nikola Corp的创始人兼前执行主席特雷弗·米尔顿(Trevor Milton)提出证券欺诈指控。周四，Nikola表示，在与SEC达成潜在和解之前，它将拨出1.25亿美元。</blockquote></p><p> Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p><p><blockquote>首席执行官马克·拉塞尔(Mark Russell)表示，尼古拉“期待解决与我们创始人相关的悬而未决的问题，结束这一篇章，并继续专注于向客户交付卡车”。尼古拉周四在一份监管文件中表示，它致力于全力配合美国证券交易委员会和司法部正在进行的调查。</blockquote></p><p> A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p><p><blockquote>米尔顿的发言人拒绝置评。在他7月份被指控后，米尔顿律师的发言人表示，他是无辜的，是在一次错误的调查后被错误指控的。</blockquote></p><p> Earlier this year,the SEC&nbsp;and&nbsp;the Justice Department&nbsp;opened probes into&nbsp;Lordstown Motors&nbsp;Corp., a company in which&nbsp;Workhorse was an early investor.</p><p><blockquote>今年早些时候，美国证券交易委员会和司法部对洛兹敦汽车公司（Lordstown Motors Corp.）展开调查，Workhorse是该公司的早期投资者。</blockquote></p><p> Lordstown Motors has said it is committed to cooperating with any investigations.</p><p><blockquote>洛兹敦汽车公司表示致力于配合任何调查。</blockquote></p><p> Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p><p><blockquote>Workhorse和Lordstown都成为卖空者的目标，他们表示对两家公司的产品和未来业务前景持怀疑态度。</blockquote></p><p> Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like&nbsp;United Parcel Service&nbsp;Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p><p><blockquote>Workhorse总部位于俄亥俄州洛弗兰德，生产电动送货车，计划将其出售给联合包裹服务公司等商业车队运营商。Workhorse曾是为美国邮政服务制造邮件送货车的新合同的投标人，但失败了二月份的投标。该公司在法庭上对这一决定提出质疑，但后来撤回了申诉。</blockquote></p><p> On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p><p><blockquote>7月29日，Workhorse表示将聘请Richard Dauch担任首席执行官，并取消对投资者的财务指引。Dauch先生最近曾在Delphi Technologies PLC担任同样的职务，并监督其出售给博格华纳公司。前Workhorse首席执行官Duane Hughes经双方同意离开了该公司。</blockquote></p><p> A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p><p><blockquote>几周后，Dauch先生在财报看涨期权上表示，该公司正在修改其旗舰C-1000货车的设计，以回应客户反馈称其缺乏有效负载能力。</blockquote></p><p> On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p><p><blockquote>9月22日，Workhorse表示将暂停交付C-1000，并召回已交付给客户的41架。该公司表示，这些车辆需要进行更多测试才能符合联邦安全标准，并且不能依赖之前向联邦监管机构做出的有关其合规性的声明。</blockquote></p><p> Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</p><p><blockquote>上个月，该公司披露，与休斯先生一起在公司工作的首席财务官、首席运营官和总法律顾问已经或将离开公司。</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>Electric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商Workhorse正在接受司法部调查</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; 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}\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\">\nElectric-Van Maker Workhorse Is Being Investigated by the Justice Department, Documents Show<blockquote>文件显示，电动货车制造商Workhorse正在接受司法部调查</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\">2021-11-05 22:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Electric-van maker&nbsp;Workhorse stock Dived 9% in morning trading&nbsp;after&nbsp;the&nbsp;report&nbsp;that&nbsp;it was being investigated by the&nbsp;Justice Department, documents showed,according to&nbsp;The Wall Street Journal.</p><p><blockquote>据《华尔街日报》报道，文件显示，电动货车制造商Workhorse的股价在早盘交易中下跌9%，此前该公司正在接受司法部调查。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fdfded4c9a2f3f4ff4082571b111d08\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The Justice Department has opened an investigation into electric-van startup&nbsp;Workhorse&nbsp;Inc.,according to documents reviewed by The Wall Street Journal.</p><p><blockquote>根据《华尔街日报》查阅的文件，司法部已对电动货车初创公司Workhorse Inc.展开调查。</blockquote></p><p> The focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.</p><p><blockquote>文件中没有透露调查的重点，该调查由曼哈顿的美国检察官办公室进行。</blockquote></p><p> Spokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.</p><p><blockquote>曼哈顿美国检察官办公室和Workhorse的发言人拒绝对调查发表评论。</blockquote></p><p> Also investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company&nbsp;was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.</p><p><blockquote>美国证券交易委员会也在调查Workhorse，《华尔街日报》9月份报道了该委员会对该公司的调查。Workhorse此后表示，已将其向安全监管机构做出的错误陈述通知了SEC。</blockquote></p><p> Shares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.</p><p><blockquote>Workhorse股价周四收于7.22美元，较2月份41.34美元的历史高点下跌82%。自7月下旬以来，该公司任命了新的执行领导层，撤回了财务指导，停止了生产，并召回了已经交付给客户的货车。</blockquote></p><p> Last year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.</p><p><blockquote>去年，电动汽车初创公司涌入了数十亿美元，其中许多是通过与特殊目的收购公司（SPAC）合并获得的。Workhorse作为一家上市公司的历史可以追溯到2010年，但去年其股价受益于投资者对电动汽车兴趣的增加。2020年3月至今年2月期间，Workhorse的股价飙升了2,000%以上。</blockquote></p><p> Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.</p><p><blockquote>Workhorse是过去14个月内第三家受到联邦检察官和证券监管机构审查的电动汽车公司。</blockquote></p><p> This July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup&nbsp;Nikola&nbsp;Corp.On Thursday,Nikola said it was putting aside $125 million&nbsp;ahead of a potential settlement with the SEC.</p><p><blockquote>今年7月，司法部和美国证券交易委员会对氢卡车初创公司Nikola Corp的创始人兼前执行主席特雷弗·米尔顿(Trevor Milton)提出证券欺诈指控。周四，Nikola表示，在与SEC达成潜在和解之前，它将拨出1.25亿美元。</blockquote></p><p> Nikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.</p><p><blockquote>首席执行官马克·拉塞尔(Mark Russell)表示，尼古拉“期待解决与我们创始人相关的悬而未决的问题，结束这一篇章，并继续专注于向客户交付卡车”。尼古拉周四在一份监管文件中表示，它致力于全力配合美国证券交易委员会和司法部正在进行的调查。</blockquote></p><p> A spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.</p><p><blockquote>米尔顿的发言人拒绝置评。在他7月份被指控后，米尔顿律师的发言人表示，他是无辜的，是在一次错误的调查后被错误指控的。</blockquote></p><p> Earlier this year,the SEC&nbsp;and&nbsp;the Justice Department&nbsp;opened probes into&nbsp;Lordstown Motors&nbsp;Corp., a company in which&nbsp;Workhorse was an early investor.</p><p><blockquote>今年早些时候，美国证券交易委员会和司法部对洛兹敦汽车公司（Lordstown Motors Corp.）展开调查，Workhorse是该公司的早期投资者。</blockquote></p><p> Lordstown Motors has said it is committed to cooperating with any investigations.</p><p><blockquote>洛兹敦汽车公司表示致力于配合任何调查。</blockquote></p><p> Both Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.</p><p><blockquote>Workhorse和Lordstown都成为卖空者的目标，他们表示对两家公司的产品和未来业务前景持怀疑态度。</blockquote></p><p> Based in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like&nbsp;United Parcel Service&nbsp;Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.</p><p><blockquote>Workhorse总部位于俄亥俄州洛弗兰德，生产电动送货车，计划将其出售给联合包裹服务公司等商业车队运营商。Workhorse曾是为美国邮政服务制造邮件送货车的新合同的投标人，但失败了二月份的投标。该公司在法庭上对这一决定提出质疑，但后来撤回了申诉。</blockquote></p><p> On July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.</p><p><blockquote>7月29日，Workhorse表示将聘请Richard Dauch担任首席执行官，并取消对投资者的财务指引。Dauch先生最近曾在Delphi Technologies PLC担任同样的职务，并监督其出售给博格华纳公司。前Workhorse首席执行官Duane Hughes经双方同意离开了该公司。</blockquote></p><p> A few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.</p><p><blockquote>几周后，Dauch先生在财报看涨期权上表示，该公司正在修改其旗舰C-1000货车的设计，以回应客户反馈称其缺乏有效负载能力。</blockquote></p><p> On Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.</p><p><blockquote>9月22日，Workhorse表示将暂停交付C-1000，并召回已交付给客户的41架。该公司表示，这些车辆需要进行更多测试才能符合联邦安全标准，并且不能依赖之前向联邦监管机构做出的有关其合规性的声明。</blockquote></p><p> Last month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.</p><p><blockquote>上个月，该公司披露，与休斯先生一起在公司工作的首席财务官、首席运营官和总法律顾问已经或将离开公司。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WKHS":"Workhorse Group, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171686550","content_text":"Electric-van maker Workhorse stock Dived 9% in morning trading after the report that it was being investigated by the Justice Department, documents showed,according to The Wall Street Journal.\n\nThe Justice Department has opened an investigation into electric-van startup Workhorse Inc.,according to documents reviewed by The Wall Street Journal.\nThe focus of the inquiry, which is being conducted by the U.S. attorney’s office in Manhattan, wasn’t revealed in the documents.\nSpokesmen for the Manhattan U.S. attorney’s office and Workhorse declined to comment on the probe.\nAlso investigating Workhorse is the U.S. Securities and Exchange Commission, whose probe into the company was reported by the Journal in September. Workhorse has since said it had notified the SEC of misstatements it had made to safety regulators.\nShares in Workhorse closed at $7.22 Thursday, down 82% from an all-time high of $41.34 in February. Since late July, the company has installed new executive leadership, withdrawn financial guidance, stopped production and recalled vans that had already been delivered to customers.\nLast year, electric-vehicle startups saw an influx of billions of dollars, many through mergers with special-purpose-acquisition companies, or SPACs. Workhorse’s roots as a public company go back to 2010, but its stock price benefited last year from the increased investor interest in EVs. Shares of Workhorse rocketed more than 2,000% between March 2020 and this past February.\nWorkhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.\nThis July, the Justice Department and the SEC filed securities-fraud charges against Trevor Milton, founder and former executive chairman of hydrogen-truck startup Nikola Corp.On Thursday,Nikola said it was putting aside $125 million ahead of a potential settlement with the SEC.\nNikola is “looking forward to resolving the outstanding issues relating to our founder and bringing that chapter to a close and maintaining our focus on delivering trucks to our customers,” Chief Executive Mark Russell said. Nikola said in a regulatory filing Thursday that it is committed to cooperating fully with the SEC and Justice Department investigations, which are ongoing.\nA spokesman for Mr. Milton declined to comment.After he was charged in July, a spokesman for Mr. Milton’s lawyers said he was innocent and had been wrongly accused following a faulty investigation.\nEarlier this year,the SEC and the Justice Department opened probes into Lordstown Motors Corp., a company in which Workhorse was an early investor.\nLordstown Motors has said it is committed to cooperating with any investigations.\nBoth Workhorse and Lordstown have been targeted by short sellers who say they are skeptical of the companies’ products and prospects for future business.\nBased in Loveland, Ohio, Workhorse manufactures electric delivery vans that it aims to sell to commercial-fleet operators like United Parcel Service Inc.Workhorse had been a bidder on a new contract to make mail delivery trucks for the U.S. Postal Service, but lost the bid in February. The company challenged that decision in court but has since withdrawn its complaint.\nOn July 29, Workhorse said it was hiring Richard Dauch as chief executive and pulling its financial guidance for investors. Mr. Dauch had most recently served in the same role at Delphi Technologies PLC and oversaw its sale to BorgWarner Inc. Former Workhorse CEO Duane Hughes left the company by mutual agreement.\nA few weeks later, Mr. Dauch opened an earnings call saying the company was revising designs for its flagship C-1000 vans in response to customer feedback that said they lacked payload capacity.\nOn Sept. 22, Workhorse said it was suspending deliveries of the C-1000 and recalling 41 that had already been delivered to customers. The company said that the vehicles needed more testing to comply with federal safety standards and that earlier statements related to their compliance made to federal regulators couldn’t be relied on.\nLast month, the company disclosed that the chief financial officer, chief operating officer and general counsel who had been at the company with Mr. Hughes had left or would leave the company.","news_type":1,"symbols_score_info":{"WKHS":0.9}},"isVote":1,"tweetType":1,"viewCount":3029,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852656743,"gmtCreate":1635264111058,"gmtModify":1635264111337,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852656743","repostId":"1162410055","repostType":4,"repost":{"id":"1162410055","kind":"news","pubTimestamp":1635261442,"share":"https://www.laohu8.com/m/news/1162410055?lang=zh_CN&edition=full","pubTime":"2021-10-26 23:17","market":"us","language":"en","title":"Doomed to fail? How carmakers' climate vows fall short - and who's to blame<blockquote>注定要失败？汽车制造商的气候誓言如何落空——谁该受到责备</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162410055","media":"Reuters","summary":"Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing ca","content":"<p>Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a key tenet of their business agenda.</p><p><blockquote>从大众到日产和福特，汽车和卡车制造商都接受了这样一种说法，即根据《巴黎协定》减少碳排放应该是其商业议程的一个关键原则。</blockquote></p><p> Are they doing enough? Research shows their goals are still a far cry from what is needed, but the jury is out on whether automakers alone are responsible for the shortfall.</p><p><blockquote>他们做得够吗？研究表明，他们的目标与需求仍相去甚远，但汽车制造商是否独自应对短缺负责还没有定论。</blockquote></p><p> While some say carmakers should plan to make their fleets carbon-neutral whatever the circumstances, companies argue that their ability to transition to electric vehicles (EV) is dependent on conditions outside their direct control.</p><p><blockquote>虽然有人说汽车制造商应该计划在任何情况下使其车队实现碳中和，但公司认为，他们向电动汽车(EV)过渡的能力取决于他们直接控制之外的条件。</blockquote></p><p> Consultancy firm Boston Consulting Group said in a report released last week that at least 90% of new passenger vehicles and 70% of trucks must be electric by 2030 in order to meet climate targets, echoing environmental groups like Greenpeace.</p><p><blockquote>咨询公司波士顿咨询集团在上周发布的一份报告中表示，为了实现气候目标，到2030年，至少90%的新乘用车和70%的卡车必须是电动的，这与绿色和平组织等环保组织相呼应。</blockquote></p><p> But among major auto brands, very few - among them Geely's Volvo and VW's Bentley - have set goals for 100% EV production by then, with most arguing that they cannot take full accountability for a transition to electric vehicles without the market conditions to remain profitable in the process.</p><p><blockquote>但在主要汽车品牌中，很少有品牌——包括吉利旗下的沃尔沃和大众旗下的宾利——设定了届时100%电动汽车生产的目标，大多数品牌认为，如果没有市场条件来保持盈利，他们就无法对向电动汽车的过渡承担全部责任在这个过程中。</blockquote></p><p> German luxury carmaker Daimler, for example, has refrained from stating it will produce only electric vehicles by 2030 no matter what - instead it has emphasised it will be \"ready to go all electric ... where market conditions allow.\"</p><p><blockquote>例如，德国豪华汽车制造商戴姆勒没有表示无论如何都将在2030年只生产电动汽车，而是强调将“准备好在市场条件允许的情况下实现全电动化”。</blockquote></p><p> \"We will lead from the front. Is it realistic to turn 100% of the market by 2030? It would be a stretch,\" Daimler's CEO Ola Kaellenius told Reuters in an interview, adding he hoped to see countries and economic regions do their bit at the COP26 summit by synchronising their plans for electric vehicle rollouts.</p><p><blockquote>戴姆勒首席执行官Ola Kaellenius在接受路透社采访时表示：“我们将从前线引领。到2030年实现100%的市场份额现实吗？这将是一个延伸。”他补充说，他希望看到各国和经济地区尽自己的一份力量在COP26峰会上同步电动汽车推广计划。</blockquote></p><p> Charging infrastructure is just one of many challenges standing between the auto industry, estimated by the International Energy Agency to be responsible for around 18% of all carbon emissions worldwide, and climate neutrality.</p><p><blockquote>充电基础设施只是汽车行业与气候中和之间面临的众多挑战之一，据国际能源署估计，汽车行业约占全球碳排放量的18%。</blockquote></p><p> Others include getting rid of dirty fossil-fuel powered cars still on the roads, reducing emissions in battery production, and building storage systems for renewable energy to ensure the electricity used to charge electric cars is from renewable sources.</p><p><blockquote>其他措施包括淘汰仍在路上行驶的肮脏的化石燃料动力汽车，减少电池生产中的排放，以及建立可再生能源存储系统，以确保用于电动汽车充电的电力来自可再生能源。</blockquote></p><p> TOO LITTLE, TOO LATE?</p><p><blockquote>太少，太晚？</blockquote></p><p> Under carbon reduction policies already agreed by governments and automakers, global CO2 emissions from vehicles are still set to rise over time, research by the International Council on Clean Transportation shows.</p><p><blockquote>国际清洁交通理事会的研究显示，根据各国政府和汽车制造商已经商定的碳减排政策，全球汽车二氧化碳排放量仍将随着时间的推移而上升。</blockquote></p><p> If policies under discussion are implemented, the growth trajectory stabilises but still does not fall, it said, highlighting growing demand for cars, buses and trucks in coming years due to population growth and increased economic activity in emerging markets.</p><p><blockquote>报告称，如果正在讨论的政策得到实施，增长轨迹将会稳定，但仍不会下降，突显出由于人口增长和新兴市场经济活动的增加，未来几年对汽车、公共汽车和卡车的需求将不断增长。</blockquote></p><p> While one in five vehicles sold in Europe last quarter were electrified, the share is much lower in the United States at around 2%. EVs are an even tinier slice of sales in less rich markets such as Latin America or Southeast Asia.</p><p><blockquote>虽然上季度欧洲销售的汽车中有五分之一是电动汽车，但美国的这一比例要低得多，约为2%。在拉丁美洲或东南亚等不太富裕的市场，电动汽车的销量份额甚至更小。</blockquote></p><p> Automakers and governments must also find answers for labour unions who are worried that a rapid shift to EVs will put thousands of workers out of their jobs.</p><p><blockquote>汽车制造商和政府还必须为工会找到答案，工会担心快速转向电动汽车将导致数千名工人失业。</blockquote></p><p> This includes German unions demanding clarity from Stellantis on its plans for Opel plants, and U.S. President Joe Biden facing pressure from the U.S. United Auto Workers' union to provide more state support during the EV transition.</p><p><blockquote>其中包括德国工会要求Stellantis明确其欧宝工厂计划，以及美国总统乔·拜登面临美国汽车工人联合会的压力，要求其在电动汽车转型期间提供更多国家支持。</blockquote></p><p> \"There are a lot of factors involved ... we try to project a realistic picture,\" a spokesperson for Germany's BMW said. \"But if certain conditions change fundamentally, we will of course have to re-examine our climate goals.\"</p><p><blockquote>德国宝马发言人表示：“涉及很多因素……我们试图描绘出一幅现实的画面。”“但如果某些条件发生根本性变化，我们当然必须重新审视我们的气候目标。”</blockquote></p><p> CARBON EMITTER</p><p><blockquote>碳排放体</blockquote></p><p> The majority of a vehicle's emissions do not come from the manufacturing process, but from the fuel used to power it - be it electricity, petrol, or diesel.</p><p><blockquote>汽车的大部分排放不是来自制造过程，而是来自用于驱动它的燃料——无论是电力、汽油还是柴油。</blockquote></p><p> In the case of electric vehicles, the process of making batteries is also a significant carbon emitter, with a Volkswagen ID.3 for example generating nearly twice the emissions of a diesel equivalent in the production phase, according to company calculations.</p><p><blockquote>就电动汽车而言，电池制造过程也是一个重要的碳排放者，根据公司计算，例如大众ID.3在生产阶段产生的排放量几乎是柴油车的两倍。</blockquote></p><p> While carmakers are increasingly investing in producing batteries in a more environmentally friendly way, controlling the source of energy flowing into electric cars is much harder.</p><p><blockquote>虽然汽车制造商越来越多地投资以更环保的方式生产电池，但控制流入电动汽车的能源来源要困难得多。</blockquote></p><p> Automakers like VW and Tesla are growing their offering of residential storage systems for clients to power vehicles through mechanisms like solar panels on their roofs – but the question of who is responsible for sourcing and distributing energy in public spaces is more contentious.</p><p><blockquote>大众和特斯拉等汽车制造商正在增加为客户提供的住宅存储系统，通过屋顶太阳能电池板等机制为车辆提供动力，但谁负责在公共场所采购和分配能源的问题更具争议。</blockquote></p><p> Even if automakers invest in public charging stations, ongoing problems with storage of renewable energy could force energy providers to rely on coal and natural gas to meet short-term demand, as recent volatility in energy markets has shown.</p><p><blockquote>即使汽车制造商投资公共充电站，可再生能源储存方面持续存在的问题也可能迫使能源供应商依赖煤炭和天然气来满足短期需求，正如最近能源市场的波动所表明的那样。</blockquote></p><p></p><p> Lobby groups such as the European Automobile Manufacturers' Association and the U.S.-based Alliance for Automotive Innovation have urged states to invest in renewable-based charging infrastructure, from public-private investments to fully state-funded projects.</p><p><blockquote>欧洲汽车制造商协会和美国汽车创新联盟等游说团体敦促各州投资可再生能源充电基础设施，从公私投资到完全由国家资助的项目。</blockquote></p><p> But some environmental groups argue that relying on taxpayer funds is unfair as the networks would disproportionately benefit car companies and owners, as opposed to spending on public transport.</p><p><blockquote>但一些环保组织认为，依赖纳税人资金是不公平的，因为与公共交通支出相比，这些网络将使汽车公司和车主不成比例地受益。</blockquote></p><p> Another lingering problem is the diesel and gas cars still driving on roads beyond 2030, which will bump up the industry's emissions well beyond the limit necessary to stay within the Paris Agreements' bounds, researchers have said.</p><p><blockquote>研究人员表示，另一个挥之不去的问题是柴油和汽油汽车在2030年之后仍在道路上行驶，这将使该行业的排放量远远超过保持在《巴黎协定》范围内所需的限制。</blockquote></p><p> Even if half of all new cars sold in 2035 were zero emission – which climate goals set by BMW, General Motors and Nissan would account for – some 70% of vehicles on roads would still be burning fossil fuels, Boston Consulting has said.</p><p><blockquote>波士顿咨询公司表示，即使2035年售出的所有新车中有一半是零排放的（宝马、通用汽车和日产设定的气候目标将占这一比例），道路上约70%的车辆仍将燃烧化石燃料。</blockquote></p><p> \"Even economies in the vanguard of the climate-change fight are therefore likely to fall short of decarbonisation targets.\"</p><p><blockquote>“因此，即使是气候变化斗争的先锋经济体也可能达不到脱碳目标。”</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>Doomed to fail? How carmakers' climate vows fall short - and who's to blame<blockquote>注定要失败？汽车制造商的气候誓言如何落空——谁该受到责备</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\">\nDoomed to fail? How carmakers' climate vows fall short - and who's to blame<blockquote>注定要失败？汽车制造商的气候誓言如何落空——谁该受到责备</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-10-26 23:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a key tenet of their business agenda.</p><p><blockquote>从大众到日产和福特，汽车和卡车制造商都接受了这样一种说法，即根据《巴黎协定》减少碳排放应该是其商业议程的一个关键原则。</blockquote></p><p> Are they doing enough? Research shows their goals are still a far cry from what is needed, but the jury is out on whether automakers alone are responsible for the shortfall.</p><p><blockquote>他们做得够吗？研究表明，他们的目标与需求仍相去甚远，但汽车制造商是否独自应对短缺负责还没有定论。</blockquote></p><p> While some say carmakers should plan to make their fleets carbon-neutral whatever the circumstances, companies argue that their ability to transition to electric vehicles (EV) is dependent on conditions outside their direct control.</p><p><blockquote>虽然有人说汽车制造商应该计划在任何情况下使其车队实现碳中和，但公司认为，他们向电动汽车(EV)过渡的能力取决于他们直接控制之外的条件。</blockquote></p><p> Consultancy firm Boston Consulting Group said in a report released last week that at least 90% of new passenger vehicles and 70% of trucks must be electric by 2030 in order to meet climate targets, echoing environmental groups like Greenpeace.</p><p><blockquote>咨询公司波士顿咨询集团在上周发布的一份报告中表示，为了实现气候目标，到2030年，至少90%的新乘用车和70%的卡车必须是电动的，这与绿色和平组织等环保组织相呼应。</blockquote></p><p> But among major auto brands, very few - among them Geely's Volvo and VW's Bentley - have set goals for 100% EV production by then, with most arguing that they cannot take full accountability for a transition to electric vehicles without the market conditions to remain profitable in the process.</p><p><blockquote>但在主要汽车品牌中，很少有品牌——包括吉利旗下的沃尔沃和大众旗下的宾利——设定了届时100%电动汽车生产的目标，大多数品牌认为，如果没有市场条件来保持盈利，他们就无法对向电动汽车的过渡承担全部责任在这个过程中。</blockquote></p><p> German luxury carmaker Daimler, for example, has refrained from stating it will produce only electric vehicles by 2030 no matter what - instead it has emphasised it will be \"ready to go all electric ... where market conditions allow.\"</p><p><blockquote>例如，德国豪华汽车制造商戴姆勒没有表示无论如何都将在2030年只生产电动汽车，而是强调将“准备好在市场条件允许的情况下实现全电动化”。</blockquote></p><p> \"We will lead from the front. Is it realistic to turn 100% of the market by 2030? It would be a stretch,\" Daimler's CEO Ola Kaellenius told Reuters in an interview, adding he hoped to see countries and economic regions do their bit at the COP26 summit by synchronising their plans for electric vehicle rollouts.</p><p><blockquote>戴姆勒首席执行官Ola Kaellenius在接受路透社采访时表示：“我们将从前线引领。到2030年实现100%的市场份额现实吗？这将是一个延伸。”他补充说，他希望看到各国和经济地区尽自己的一份力量在COP26峰会上同步电动汽车推广计划。</blockquote></p><p> Charging infrastructure is just one of many challenges standing between the auto industry, estimated by the International Energy Agency to be responsible for around 18% of all carbon emissions worldwide, and climate neutrality.</p><p><blockquote>充电基础设施只是汽车行业与气候中和之间面临的众多挑战之一，据国际能源署估计，汽车行业约占全球碳排放量的18%。</blockquote></p><p> Others include getting rid of dirty fossil-fuel powered cars still on the roads, reducing emissions in battery production, and building storage systems for renewable energy to ensure the electricity used to charge electric cars is from renewable sources.</p><p><blockquote>其他措施包括淘汰仍在路上行驶的肮脏的化石燃料动力汽车，减少电池生产中的排放，以及建立可再生能源存储系统，以确保用于电动汽车充电的电力来自可再生能源。</blockquote></p><p> TOO LITTLE, TOO LATE?</p><p><blockquote>太少，太晚？</blockquote></p><p> Under carbon reduction policies already agreed by governments and automakers, global CO2 emissions from vehicles are still set to rise over time, research by the International Council on Clean Transportation shows.</p><p><blockquote>国际清洁交通理事会的研究显示，根据各国政府和汽车制造商已经商定的碳减排政策，全球汽车二氧化碳排放量仍将随着时间的推移而上升。</blockquote></p><p> If policies under discussion are implemented, the growth trajectory stabilises but still does not fall, it said, highlighting growing demand for cars, buses and trucks in coming years due to population growth and increased economic activity in emerging markets.</p><p><blockquote>报告称，如果正在讨论的政策得到实施，增长轨迹将会稳定，但仍不会下降，突显出由于人口增长和新兴市场经济活动的增加，未来几年对汽车、公共汽车和卡车的需求将不断增长。</blockquote></p><p> While one in five vehicles sold in Europe last quarter were electrified, the share is much lower in the United States at around 2%. EVs are an even tinier slice of sales in less rich markets such as Latin America or Southeast Asia.</p><p><blockquote>虽然上季度欧洲销售的汽车中有五分之一是电动汽车，但美国的这一比例要低得多，约为2%。在拉丁美洲或东南亚等不太富裕的市场，电动汽车的销量份额甚至更小。</blockquote></p><p> Automakers and governments must also find answers for labour unions who are worried that a rapid shift to EVs will put thousands of workers out of their jobs.</p><p><blockquote>汽车制造商和政府还必须为工会找到答案，工会担心快速转向电动汽车将导致数千名工人失业。</blockquote></p><p> This includes German unions demanding clarity from Stellantis on its plans for Opel plants, and U.S. President Joe Biden facing pressure from the U.S. United Auto Workers' union to provide more state support during the EV transition.</p><p><blockquote>其中包括德国工会要求Stellantis明确其欧宝工厂计划，以及美国总统乔·拜登面临美国汽车工人联合会的压力，要求其在电动汽车转型期间提供更多国家支持。</blockquote></p><p> \"There are a lot of factors involved ... we try to project a realistic picture,\" a spokesperson for Germany's BMW said. \"But if certain conditions change fundamentally, we will of course have to re-examine our climate goals.\"</p><p><blockquote>德国宝马发言人表示：“涉及很多因素……我们试图描绘出一幅现实的画面。”“但如果某些条件发生根本性变化，我们当然必须重新审视我们的气候目标。”</blockquote></p><p> CARBON EMITTER</p><p><blockquote>碳排放体</blockquote></p><p> The majority of a vehicle's emissions do not come from the manufacturing process, but from the fuel used to power it - be it electricity, petrol, or diesel.</p><p><blockquote>汽车的大部分排放不是来自制造过程，而是来自用于驱动它的燃料——无论是电力、汽油还是柴油。</blockquote></p><p> In the case of electric vehicles, the process of making batteries is also a significant carbon emitter, with a Volkswagen ID.3 for example generating nearly twice the emissions of a diesel equivalent in the production phase, according to company calculations.</p><p><blockquote>就电动汽车而言，电池制造过程也是一个重要的碳排放者，根据公司计算，例如大众ID.3在生产阶段产生的排放量几乎是柴油车的两倍。</blockquote></p><p> While carmakers are increasingly investing in producing batteries in a more environmentally friendly way, controlling the source of energy flowing into electric cars is much harder.</p><p><blockquote>虽然汽车制造商越来越多地投资以更环保的方式生产电池，但控制流入电动汽车的能源来源要困难得多。</blockquote></p><p> Automakers like VW and Tesla are growing their offering of residential storage systems for clients to power vehicles through mechanisms like solar panels on their roofs – but the question of who is responsible for sourcing and distributing energy in public spaces is more contentious.</p><p><blockquote>大众和特斯拉等汽车制造商正在增加为客户提供的住宅存储系统，通过屋顶太阳能电池板等机制为车辆提供动力，但谁负责在公共场所采购和分配能源的问题更具争议。</blockquote></p><p> Even if automakers invest in public charging stations, ongoing problems with storage of renewable energy could force energy providers to rely on coal and natural gas to meet short-term demand, as recent volatility in energy markets has shown.</p><p><blockquote>即使汽车制造商投资公共充电站，可再生能源储存方面持续存在的问题也可能迫使能源供应商依赖煤炭和天然气来满足短期需求，正如最近能源市场的波动所表明的那样。</blockquote></p><p></p><p> Lobby groups such as the European Automobile Manufacturers' Association and the U.S.-based Alliance for Automotive Innovation have urged states to invest in renewable-based charging infrastructure, from public-private investments to fully state-funded projects.</p><p><blockquote>欧洲汽车制造商协会和美国汽车创新联盟等游说团体敦促各州投资可再生能源充电基础设施，从公私投资到完全由国家资助的项目。</blockquote></p><p> But some environmental groups argue that relying on taxpayer funds is unfair as the networks would disproportionately benefit car companies and owners, as opposed to spending on public transport.</p><p><blockquote>但一些环保组织认为，依赖纳税人资金是不公平的，因为与公共交通支出相比，这些网络将使汽车公司和车主不成比例地受益。</blockquote></p><p> Another lingering problem is the diesel and gas cars still driving on roads beyond 2030, which will bump up the industry's emissions well beyond the limit necessary to stay within the Paris Agreements' bounds, researchers have said.</p><p><blockquote>研究人员表示，另一个挥之不去的问题是柴油和汽油汽车在2030年之后仍在道路上行驶，这将使该行业的排放量远远超过保持在《巴黎协定》范围内所需的限制。</blockquote></p><p> Even if half of all new cars sold in 2035 were zero emission – which climate goals set by BMW, General Motors and Nissan would account for – some 70% of vehicles on roads would still be burning fossil fuels, Boston Consulting has said.</p><p><blockquote>波士顿咨询公司表示，即使2035年售出的所有新车中有一半是零排放的（宝马、通用汽车和日产设定的气候目标将占这一比例），道路上约70%的车辆仍将燃烧化石燃料。</blockquote></p><p> \"Even economies in the vanguard of the climate-change fight are therefore likely to fall short of decarbonisation targets.\"</p><p><blockquote>“因此，即使是气候变化斗争的先锋经济体也可能达不到脱碳目标。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/analysis-doomed-fail-carmakers-climate-150857734.html\">Reuters</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":{"F":"福特汽车"},"source_url":"https://finance.yahoo.com/news/analysis-doomed-fail-carmakers-climate-150857734.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162410055","content_text":"Car and truck makers from Volkswagen to Nissan and Ford have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a key tenet of their business agenda.\nAre they doing enough? Research shows their goals are still a far cry from what is needed, but the jury is out on whether automakers alone are responsible for the shortfall.\nWhile some say carmakers should plan to make their fleets carbon-neutral whatever the circumstances, companies argue that their ability to transition to electric vehicles (EV) is dependent on conditions outside their direct control.\nConsultancy firm Boston Consulting Group said in a report released last week that at least 90% of new passenger vehicles and 70% of trucks must be electric by 2030 in order to meet climate targets, echoing environmental groups like Greenpeace.\nBut among major auto brands, very few - among them Geely's Volvo and VW's Bentley - have set goals for 100% EV production by then, with most arguing that they cannot take full accountability for a transition to electric vehicles without the market conditions to remain profitable in the process.\nGerman luxury carmaker Daimler, for example, has refrained from stating it will produce only electric vehicles by 2030 no matter what - instead it has emphasised it will be \"ready to go all electric ... where market conditions allow.\"\n\"We will lead from the front. Is it realistic to turn 100% of the market by 2030? It would be a stretch,\" Daimler's CEO Ola Kaellenius told Reuters in an interview, adding he hoped to see countries and economic regions do their bit at the COP26 summit by synchronising their plans for electric vehicle rollouts.\nCharging infrastructure is just one of many challenges standing between the auto industry, estimated by the International Energy Agency to be responsible for around 18% of all carbon emissions worldwide, and climate neutrality.\nOthers include getting rid of dirty fossil-fuel powered cars still on the roads, reducing emissions in battery production, and building storage systems for renewable energy to ensure the electricity used to charge electric cars is from renewable sources.\nTOO LITTLE, TOO LATE?\nUnder carbon reduction policies already agreed by governments and automakers, global CO2 emissions from vehicles are still set to rise over time, research by the International Council on Clean Transportation shows.\nIf policies under discussion are implemented, the growth trajectory stabilises but still does not fall, it said, highlighting growing demand for cars, buses and trucks in coming years due to population growth and increased economic activity in emerging markets.\nWhile one in five vehicles sold in Europe last quarter were electrified, the share is much lower in the United States at around 2%. EVs are an even tinier slice of sales in less rich markets such as Latin America or Southeast Asia.\nAutomakers and governments must also find answers for labour unions who are worried that a rapid shift to EVs will put thousands of workers out of their jobs.\nThis includes German unions demanding clarity from Stellantis on its plans for Opel plants, and U.S. President Joe Biden facing pressure from the U.S. United Auto Workers' union to provide more state support during the EV transition.\n\"There are a lot of factors involved ... we try to project a realistic picture,\" a spokesperson for Germany's BMW said. \"But if certain conditions change fundamentally, we will of course have to re-examine our climate goals.\"\nCARBON EMITTER\nThe majority of a vehicle's emissions do not come from the manufacturing process, but from the fuel used to power it - be it electricity, petrol, or diesel.\nIn the case of electric vehicles, the process of making batteries is also a significant carbon emitter, with a Volkswagen ID.3 for example generating nearly twice the emissions of a diesel equivalent in the production phase, according to company calculations.\nWhile carmakers are increasingly investing in producing batteries in a more environmentally friendly way, controlling the source of energy flowing into electric cars is much harder.\nAutomakers like VW and Tesla are growing their offering of residential storage systems for clients to power vehicles through mechanisms like solar panels on their roofs – but the question of who is responsible for sourcing and distributing energy in public spaces is more contentious.\nEven if automakers invest in public charging stations, ongoing problems with storage of renewable energy could force energy providers to rely on coal and natural gas to meet short-term demand, as recent volatility in energy markets has shown.\nLobby groups such as the European Automobile Manufacturers' Association and the U.S.-based Alliance for Automotive Innovation have urged states to invest in renewable-based charging infrastructure, from public-private investments to fully state-funded projects.\nBut some environmental groups argue that relying on taxpayer funds is unfair as the networks would disproportionately benefit car companies and owners, as opposed to spending on public transport.\nAnother lingering problem is the diesel and gas cars still driving on roads beyond 2030, which will bump up the industry's emissions well beyond the limit necessary to stay within the Paris Agreements' bounds, researchers have said.\nEven if half of all new cars sold in 2035 were zero emission – which climate goals set by BMW, General Motors and Nissan would account for – some 70% of vehicles on roads would still be burning fossil fuels, Boston Consulting has said.\n\"Even economies in the vanguard of the climate-change fight are therefore likely to fall short of decarbonisation targets.\"","news_type":1,"symbols_score_info":{"F":0.9}},"isVote":1,"tweetType":1,"viewCount":3099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852656809,"gmtCreate":1635264080879,"gmtModify":1635264081197,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852656809","repostId":"1185664659","repostType":4,"repost":{"id":"1185664659","kind":"news","pubTimestamp":1635261068,"share":"https://www.laohu8.com/m/news/1185664659?lang=zh_CN&edition=full","pubTime":"2021-10-26 23:11","market":"us","language":"en","title":"IKEA buys former Topshop flagship store in central London for $520 mln<blockquote>宜家以5.2亿美元收购伦敦市中心前Topshop旗舰店</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1185664659","media":"Reuters","summary":"IKEA, the world's biggest furniture brand, has agreed to buy the iconic former flagship store of Bri","content":"<p>IKEA, the world's biggest furniture brand, has agreed to buy the iconic former flagship store of British fashion chain Topshop in central London from the administrators of bankrupt owner Arcadia Group, part of its push to open inner-city outlets.</p><p><blockquote>全球最大的家具品牌宜家已同意从破产所有者阿卡迪亚集团(Arcadia Group)的管理人员手中收购英国时尚连锁店Topshop位于伦敦市中心的标志性前旗舰店，这是其在市中心开设门店的努力的一部分。</blockquote></p><p> Krister Mattsson, head of the investment arm of Ingka Group which owns most IKEA stores, told Reuters that three floors of the seven-storey building on Oxford Street, which it is buying for £378 million ($520 million), would be turned into an IKEA store due to open in the summer or autumn of 2023.</p><p><blockquote>拥有大多数宜家商场的Ingka集团投资部门负责人克里斯特·马特森(Krister Mattsson)告诉路透社，该公司以3.78亿英镑（5.2亿美元）购买的牛津街七层建筑中的三层将被改造成宜家商场将于2023年夏季或秋季开业。</blockquote></p><p> \"This is a very good fit into our strategy. This is a meeting place - it's one of the best spots for visitation in Europe, with amazing numbers of people passing by every week,\" Mattsson, managing director of Ingka Investment, said in an interview.</p><p><blockquote>Ingka Investment董事总经理马特森在接受采访时表示：“这非常符合我们的战略。这是一个聚会场所——这是欧洲最好的参观地点之一，每周路过的人数惊人。”</blockquote></p><p> IKEA has tweaked its strategy in recent years towards adding inner-city store formats besides its giant out-of-town warehouse stores to reflect changing shopping behaviour.</p><p><blockquote>近年来，宜家调整了战略，除了大型的城外仓库店外，还增加了市中心的商店形式，以反映不断变化的购物行为。</blockquote></p><p> It opened its first inner-city full-range store in Paris in 2019. Its first centrally located store in London is due to open in the coming months, in the borough of Hammersmith.</p><p><blockquote>它于2019年在巴黎开设了第一家市中心全系列商店。它在伦敦市中心的第一家商店将于未来几个月在哈默史密斯区开业。</blockquote></p><p> \"The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers,\" Ingka Investments said in a statement.</p><p><blockquote>Ingka Investments在一份声明中表示：“这项投资支持Ingka集团零售业务的转型，拉近宜家与客户的距离。”</blockquote></p><p> Mattsson said the Oxford Street store would be IKEA's biggest inner-city format store to date.</p><p><blockquote>马特森表示，牛津街商店将是宜家迄今为止最大的市中心业态商店。</blockquote></p><p> Ingka Investments and IKEA's shopping malls arm Ingka Centres are scouting for suitable centrally located properties across major cities in Europe and North America. Milano, Rome and Berlin are high on the agenda for Ingka Investments, Mattsson said.</p><p><blockquote>Ingka Investments和宜家的购物中心部门Ingka Centres正在欧洲和北美的主要城市寻找合适的中心物业。马特森表示，米兰、罗马和柏林是英格卡投资的重要议程。</blockquote></p><p> He said there had been several bidders for the Oxford Street property. Overall in the segment where IKEA is looking to buy, interest from both institutional investor and other retailers was increasing alongside consumers' return to stores, he said.</p><p><blockquote>他说牛津街的房产有几个竞标者。他表示，总体而言，在宜家寻求购买的细分市场中，随着消费者重返商店，机构投资者和其他零售商的兴趣也在增加。</blockquote></p><p> ($1 = 0.7272 pounds)</p><p><blockquote>（1美元=0.7272英镑）</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>IKEA buys former Topshop flagship store in central London for $520 mln<blockquote>宜家以5.2亿美元收购伦敦市中心前Topshop旗舰店</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\">\nIKEA buys former Topshop flagship store in central London for $520 mln<blockquote>宜家以5.2亿美元收购伦敦市中心前Topshop旗舰店</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-10-26 23:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p>IKEA, the world's biggest furniture brand, has agreed to buy the iconic former flagship store of British fashion chain Topshop in central London from the administrators of bankrupt owner Arcadia Group, part of its push to open inner-city outlets.</p><p><blockquote>全球最大的家具品牌宜家已同意从破产所有者阿卡迪亚集团(Arcadia Group)的管理人员手中收购英国时尚连锁店Topshop位于伦敦市中心的标志性前旗舰店，这是其在市中心开设门店的努力的一部分。</blockquote></p><p> Krister Mattsson, head of the investment arm of Ingka Group which owns most IKEA stores, told Reuters that three floors of the seven-storey building on Oxford Street, which it is buying for £378 million ($520 million), would be turned into an IKEA store due to open in the summer or autumn of 2023.</p><p><blockquote>拥有大多数宜家商场的Ingka集团投资部门负责人克里斯特·马特森(Krister Mattsson)告诉路透社，该公司以3.78亿英镑（5.2亿美元）购买的牛津街七层建筑中的三层将被改造成宜家商场将于2023年夏季或秋季开业。</blockquote></p><p> \"This is a very good fit into our strategy. This is a meeting place - it's one of the best spots for visitation in Europe, with amazing numbers of people passing by every week,\" Mattsson, managing director of Ingka Investment, said in an interview.</p><p><blockquote>Ingka Investment董事总经理马特森在接受采访时表示：“这非常符合我们的战略。这是一个聚会场所——这是欧洲最好的参观地点之一，每周路过的人数惊人。”</blockquote></p><p> IKEA has tweaked its strategy in recent years towards adding inner-city store formats besides its giant out-of-town warehouse stores to reflect changing shopping behaviour.</p><p><blockquote>近年来，宜家调整了战略，除了大型的城外仓库店外，还增加了市中心的商店形式，以反映不断变化的购物行为。</blockquote></p><p> It opened its first inner-city full-range store in Paris in 2019. Its first centrally located store in London is due to open in the coming months, in the borough of Hammersmith.</p><p><blockquote>它于2019年在巴黎开设了第一家市中心全系列商店。它在伦敦市中心的第一家商店将于未来几个月在哈默史密斯区开业。</blockquote></p><p> \"The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers,\" Ingka Investments said in a statement.</p><p><blockquote>Ingka Investments在一份声明中表示：“这项投资支持Ingka集团零售业务的转型，拉近宜家与客户的距离。”</blockquote></p><p> Mattsson said the Oxford Street store would be IKEA's biggest inner-city format store to date.</p><p><blockquote>马特森表示，牛津街商店将是宜家迄今为止最大的市中心业态商店。</blockquote></p><p> Ingka Investments and IKEA's shopping malls arm Ingka Centres are scouting for suitable centrally located properties across major cities in Europe and North America. Milano, Rome and Berlin are high on the agenda for Ingka Investments, Mattsson said.</p><p><blockquote>Ingka Investments和宜家的购物中心部门Ingka Centres正在欧洲和北美的主要城市寻找合适的中心物业。马特森表示，米兰、罗马和柏林是英格卡投资的重要议程。</blockquote></p><p> He said there had been several bidders for the Oxford Street property. Overall in the segment where IKEA is looking to buy, interest from both institutional investor and other retailers was increasing alongside consumers' return to stores, he said.</p><p><blockquote>他说牛津街的房产有几个竞标者。他表示，总体而言，在宜家寻求购买的细分市场中，随着消费者重返商店，机构投资者和其他零售商的兴趣也在增加。</blockquote></p><p> ($1 = 0.7272 pounds)</p><p><blockquote>（1美元=0.7272英镑）</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/business/ikea-buys-former-topshop-store-londons-oxford-circus-378-mln-2021-10-26/\">Reuters</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":{},"source_url":"https://www.reuters.com/business/ikea-buys-former-topshop-store-londons-oxford-circus-378-mln-2021-10-26/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185664659","content_text":"IKEA, the world's biggest furniture brand, has agreed to buy the iconic former flagship store of British fashion chain Topshop in central London from the administrators of bankrupt owner Arcadia Group, part of its push to open inner-city outlets.\nKrister Mattsson, head of the investment arm of Ingka Group which owns most IKEA stores, told Reuters that three floors of the seven-storey building on Oxford Street, which it is buying for £378 million ($520 million), would be turned into an IKEA store due to open in the summer or autumn of 2023.\n\"This is a very good fit into our strategy. This is a meeting place - it's one of the best spots for visitation in Europe, with amazing numbers of people passing by every week,\" Mattsson, managing director of Ingka Investment, said in an interview.\nIKEA has tweaked its strategy in recent years towards adding inner-city store formats besides its giant out-of-town warehouse stores to reflect changing shopping behaviour.\nIt opened its first inner-city full-range store in Paris in 2019. Its first centrally located store in London is due to open in the coming months, in the borough of Hammersmith.\n\"The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers,\" Ingka Investments said in a statement.\nMattsson said the Oxford Street store would be IKEA's biggest inner-city format store to date.\nIngka Investments and IKEA's shopping malls arm Ingka Centres are scouting for suitable centrally located properties across major cities in Europe and North America. Milano, Rome and Berlin are high on the agenda for Ingka Investments, Mattsson said.\nHe said there had been several bidders for the Oxford Street property. Overall in the segment where IKEA is looking to buy, interest from both institutional investor and other retailers was increasing alongside consumers' return to stores, he said.\n($1 = 0.7272 pounds)","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852651201,"gmtCreate":1635264015570,"gmtModify":1635264015846,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852651201","repostId":"1100809149","repostType":4,"repost":{"id":"1100809149","kind":"news","pubTimestamp":1635261612,"share":"https://www.laohu8.com/m/news/1100809149?lang=zh_CN&edition=full","pubTime":"2021-10-26 23:20","market":"us","language":"en","title":"Boeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100809149","media":"Investopedia","summary":"KEY TAKEAWAYS\n\nAnalysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.\nCommercial airplan","content":"<p>KEY TAKEAWAYS</p><p><blockquote>关键要点</blockquote></p><p> <ul>  <li>Analysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.</li>  <li>Commercial airplane deliveries are expected to increase sharply YOY.</li>  <li>Revenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.</li> </ul> Boeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123</p><p><blockquote><ul><li>分析师预计2020财年第三季度调整后每股收益为-0.15美元，而调整后每股收益为-1.39美元。</li><li>商用飞机交付量预计将同比大幅增长。</li><li>在连续九个季度同比下降后，收入预计将连续第二个季度增长。</li></ul>随着乘客对COVID-19大流行的担忧开始缓解，随着旅行反弹，波音公司(BA)对商用飞机的需求激增。第二季度，随着收入大幅增长，该公司在连续六个季度亏损后实现盈利。尽管如此，波音公司仍面临着疫情以外的持续问题。该公司的787 Max喷气式飞机一直存在质量问题。10月中旬，787梦想飞机的生产和交付被推迟，因为在一个钛部件中发现了一个新的缺陷。</blockquote></p><p> Investors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5</p><p><blockquote>当波音公司在10月27日开盘前公布2021财年第三季度收益时，投资者将关注波音公司如何克服这些问题以确保其持续复苏。4分析师预计波音公司第三季度调整后每股亏损将大幅收窄与去年同期相比。收入预计将同比(YOY)实现健康增长，但增速低于2021.5财年第二季度</blockquote></p><p> Investors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5</p><p><blockquote>投资者还将关注波音的商用飞机交付量，这是衡量该公司主要产品之一需求水平的关键指标。分析师预计，与去年同期相比，交付量将大幅上升，但远低于该公司最近2017财年和2018财年的峰值季度。5</blockquote></p><p> Boeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&amp;P 500.</p><p><blockquote>波音股票波动很大，去年表现逊于大盘。2020年11月，该股在12月初大幅上涨，然后在2021年1月下旬下跌。至此，波音股价再次攀升至3月份高点。此后，股价逐渐下跌，并在此过程中出现零星小幅上涨。波音股票的1年追踪总回报率为26.0%，落后于标普500 31.6%的总回报率。</blockquote></p><p> Boeing Earnings History</p><p><blockquote>波音盈利历史</blockquote></p><p> Boeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5</p><p><blockquote>多年来，波音公司一直难以报告正的调整后每股收益（EPS）。在过去10个季度中，波音公司仅报告了三个时期的调整后每股收益为正，其中两个是在大流行之前。最大的亏损发生在2020财年第四季度，当时波音报告并调整后每股亏损15.25美元。此后，波音公司的业绩大幅改善。其亏损在2021财年第一季度大幅收窄，随后在2021财年第二季度实现了七个季度以来的首次正调整后每股收益。分析师预计波音第三季度每股亏损0.15美元，这将是两年多来报告的最小亏损。5</blockquote></p><p> Boeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.</p><p><blockquote>波音的营收表现同样不佳。从2019财年第一季度到2021财年第一季度，该公司收入连续九个季度同比下降。2021财年第二季度是自2018财年以来收入首次同比增长。该季度收入增长44.0%。现在，分析师预计收入将再增长一个季度，但增速将放缓至21.5%。尽管取得了这一进展，波音公司预计第三季度收入仅为2018财年第三季度的三分之二左右。</blockquote></p><p> Boeing Key Stats</p><p><blockquote>波音关键统计数据</blockquote></p><p> <table>  <tbody>   <tr>    <td></td>    <td>Estimate for Q3 FY 2021</td>    <td>Q3 FY 2020</td>    <td>Q3 FY 2019</td>   </tr>   <tr>    <td>Adjusted Earnings Per Share</td>    <td>-$0.15</td>    <td>-$1.39</td>    <td>$1.45</td>   </tr>   <tr>    <td>Revenue (B)</td>    <td>$17.2</td>    <td>$14.1</td>    <td>$20.0</td>   </tr>   <tr>    <td>Commercial Airplane Deliveries</td>    <td>96</td>    <td>28</td>    <td>62</td>   </tr>  </tbody> </table> The Key Metric</p><p><blockquote><table><tbody><tr><td></td><td>2021财年第三季度预估</td><td>2020财年第三季度</td><td>2019财年第三季度</td></tr><tr><td>调整后每股收益</td><td>-$0.15</td><td>-$1.39</td><td>$1.45</td></tr><tr><td>收入(B)</td><td>$17.2</td><td>$14.1</td><td>$20.0</td></tr><tr><td>商用飞机交付</td><td>96</td><td>28</td><td>62</td></tr></tbody></table>关键指标</blockquote></p><p> As mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3</p><p><blockquote>如上所述，波音的商用飞机交付量也是投资者关注的一个关键指标。波音公司生产商用和军用飞机。对前一种类型的需求对经济状况更加敏感，而对后一种类型的需求取决于政府关于其军事计划的政策决定。随着美国疫情的威胁有所缓解，旅行需求不断上升，商用飞机交付量开始上升。但近年来，由于波音787 Max喷气式飞机长期停飞，以及最近787梦想飞机的零部件缺陷，生产和交付速度放缓。3</blockquote></p><p> These quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.</p><p><blockquote>这些质量问题阻碍了波音商用飞机交付从疫情中恢复的速度。该公司在2020财年第二季度交付了20架商用飞机，比2019财年第二季度下降了77.8%，比2018财年第二季度交付的194架商用飞机下降了近90%。自那个低点以来，商用飞机交付量每个季度都在连续改善，2021财年第二季度交付量高达79架。分析师预测，这一趋势将持续下去，2021财年第三季度将交付96架商用飞机。这将是去年同期交付的商用飞机数量的三倍多。</blockquote></p><p> <table></table></p><p><blockquote><table></table></blockquote></p><p></p>","source":"lsy1606203311635","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>Boeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</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\">\nBoeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Investopedia</strong><span class=\"h-time small\">2021-10-26 23:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>KEY TAKEAWAYS</p><p><blockquote>关键要点</blockquote></p><p> <ul>  <li>Analysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.</li>  <li>Commercial airplane deliveries are expected to increase sharply YOY.</li>  <li>Revenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.</li> </ul> Boeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123</p><p><blockquote><ul><li>分析师预计2020财年第三季度调整后每股收益为-0.15美元，而调整后每股收益为-1.39美元。</li><li>商用飞机交付量预计将同比大幅增长。</li><li>在连续九个季度同比下降后，收入预计将连续第二个季度增长。</li></ul>随着乘客对COVID-19大流行的担忧开始缓解，随着旅行反弹，波音公司(BA)对商用飞机的需求激增。第二季度，随着收入大幅增长，该公司在连续六个季度亏损后实现盈利。尽管如此，波音公司仍面临着疫情以外的持续问题。该公司的787 Max喷气式飞机一直存在质量问题。10月中旬，787梦想飞机的生产和交付被推迟，因为在一个钛部件中发现了一个新的缺陷。</blockquote></p><p> Investors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5</p><p><blockquote>当波音公司在10月27日开盘前公布2021财年第三季度收益时，投资者将关注波音公司如何克服这些问题以确保其持续复苏。4分析师预计波音公司第三季度调整后每股亏损将大幅收窄与去年同期相比。收入预计将同比(YOY)实现健康增长，但增速低于2021.5财年第二季度</blockquote></p><p> Investors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5</p><p><blockquote>投资者还将关注波音的商用飞机交付量，这是衡量该公司主要产品之一需求水平的关键指标。分析师预计，与去年同期相比，交付量将大幅上升，但远低于该公司最近2017财年和2018财年的峰值季度。5</blockquote></p><p> Boeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&amp;P 500.</p><p><blockquote>波音股票波动很大，去年表现逊于大盘。2020年11月，该股在12月初大幅上涨，然后在2021年1月下旬下跌。至此，波音股价再次攀升至3月份高点。此后，股价逐渐下跌，并在此过程中出现零星小幅上涨。波音股票的1年追踪总回报率为26.0%，落后于标普500 31.6%的总回报率。</blockquote></p><p> Boeing Earnings History</p><p><blockquote>波音盈利历史</blockquote></p><p> Boeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5</p><p><blockquote>多年来，波音公司一直难以报告正的调整后每股收益（EPS）。在过去10个季度中，波音公司仅报告了三个时期的调整后每股收益为正，其中两个是在大流行之前。最大的亏损发生在2020财年第四季度，当时波音报告并调整后每股亏损15.25美元。此后，波音公司的业绩大幅改善。其亏损在2021财年第一季度大幅收窄，随后在2021财年第二季度实现了七个季度以来的首次正调整后每股收益。分析师预计波音第三季度每股亏损0.15美元，这将是两年多来报告的最小亏损。5</blockquote></p><p> Boeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.</p><p><blockquote>波音的营收表现同样不佳。从2019财年第一季度到2021财年第一季度，该公司收入连续九个季度同比下降。2021财年第二季度是自2018财年以来收入首次同比增长。该季度收入增长44.0%。现在，分析师预计收入将再增长一个季度，但增速将放缓至21.5%。尽管取得了这一进展，波音公司预计第三季度收入仅为2018财年第三季度的三分之二左右。</blockquote></p><p> Boeing Key Stats</p><p><blockquote>波音关键统计数据</blockquote></p><p> <table>  <tbody>   <tr>    <td></td>    <td>Estimate for Q3 FY 2021</td>    <td>Q3 FY 2020</td>    <td>Q3 FY 2019</td>   </tr>   <tr>    <td>Adjusted Earnings Per Share</td>    <td>-$0.15</td>    <td>-$1.39</td>    <td>$1.45</td>   </tr>   <tr>    <td>Revenue (B)</td>    <td>$17.2</td>    <td>$14.1</td>    <td>$20.0</td>   </tr>   <tr>    <td>Commercial Airplane Deliveries</td>    <td>96</td>    <td>28</td>    <td>62</td>   </tr>  </tbody> </table> The Key Metric</p><p><blockquote><table><tbody><tr><td></td><td>2021财年第三季度预估</td><td>2020财年第三季度</td><td>2019财年第三季度</td></tr><tr><td>调整后每股收益</td><td>-$0.15</td><td>-$1.39</td><td>$1.45</td></tr><tr><td>收入(B)</td><td>$17.2</td><td>$14.1</td><td>$20.0</td></tr><tr><td>商用飞机交付</td><td>96</td><td>28</td><td>62</td></tr></tbody></table>关键指标</blockquote></p><p> As mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3</p><p><blockquote>如上所述，波音的商用飞机交付量也是投资者关注的一个关键指标。波音公司生产商用和军用飞机。对前一种类型的需求对经济状况更加敏感，而对后一种类型的需求取决于政府关于其军事计划的政策决定。随着美国疫情的威胁有所缓解，旅行需求不断上升，商用飞机交付量开始上升。但近年来，由于波音787 Max喷气式飞机长期停飞，以及最近787梦想飞机的零部件缺陷，生产和交付速度放缓。3</blockquote></p><p> These quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.</p><p><blockquote>这些质量问题阻碍了波音商用飞机交付从疫情中恢复的速度。该公司在2020财年第二季度交付了20架商用飞机，比2019财年第二季度下降了77.8%，比2018财年第二季度交付的194架商用飞机下降了近90%。自那个低点以来，商用飞机交付量每个季度都在连续改善，2021财年第二季度交付量高达79架。分析师预测，这一趋势将持续下去，2021财年第三季度将交付96架商用飞机。这将是去年同期交付的商用飞机数量的三倍多。</blockquote></p><p> <table></table></p><p><blockquote><table></table></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investopedia.com/boeing-q3-fy2021-earnings-report-preview-5207000?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Investopedia</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":{"BA":"波音"},"source_url":"https://www.investopedia.com/boeing-q3-fy2021-earnings-report-preview-5207000?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100809149","content_text":"KEY TAKEAWAYS\n\nAnalysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.\nCommercial airplane deliveries are expected to increase sharply YOY.\nRevenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.\n\nBoeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123\nInvestors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5\nInvestors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5\nBoeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&P 500.\nBoeing Earnings History\nBoeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5\nBoeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.\nBoeing Key Stats\n\n\n\n\nEstimate for Q3 FY 2021\nQ3 FY 2020\nQ3 FY 2019\n\n\nAdjusted Earnings Per Share\n-$0.15\n-$1.39\n$1.45\n\n\nRevenue (B)\n$17.2\n$14.1\n$20.0\n\n\nCommercial Airplane Deliveries\n96\n28\n62\n\n\n\nThe Key Metric\nAs mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3\nThese quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852651144,"gmtCreate":1635264000751,"gmtModify":1635264012758,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Ya","listText":"Ya","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852651144","repostId":"1100809149","repostType":4,"repost":{"id":"1100809149","kind":"news","pubTimestamp":1635261612,"share":"https://www.laohu8.com/m/news/1100809149?lang=zh_CN&edition=full","pubTime":"2021-10-26 23:20","market":"us","language":"en","title":"Boeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1100809149","media":"Investopedia","summary":"KEY TAKEAWAYS\n\nAnalysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.\nCommercial airplan","content":"<p>KEY TAKEAWAYS</p><p><blockquote>关键要点</blockquote></p><p> <ul>  <li>Analysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.</li>  <li>Commercial airplane deliveries are expected to increase sharply YOY.</li>  <li>Revenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.</li> </ul> Boeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123</p><p><blockquote><ul><li>分析师预计2020财年第三季度调整后每股收益为-0.15美元，而调整后每股收益为-1.39美元。</li><li>商用飞机交付量预计将同比大幅增长。</li><li>在连续九个季度同比下降后，收入预计将连续第二个季度增长。</li></ul>随着乘客对COVID-19大流行的担忧开始缓解，随着旅行反弹，波音公司(BA)对商用飞机的需求激增。第二季度，随着收入大幅增长，该公司在连续六个季度亏损后实现盈利。尽管如此，波音公司仍面临着疫情以外的持续问题。该公司的787 Max喷气式飞机一直存在质量问题。10月中旬，787梦想飞机的生产和交付被推迟，因为在一个钛部件中发现了一个新的缺陷。</blockquote></p><p> Investors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5</p><p><blockquote>当波音公司在10月27日开盘前公布2021财年第三季度收益时，投资者将关注波音公司如何克服这些问题以确保其持续复苏。4分析师预计波音公司第三季度调整后每股亏损将大幅收窄与去年同期相比。收入预计将同比(YOY)实现健康增长，但增速低于2021.5财年第二季度</blockquote></p><p> Investors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5</p><p><blockquote>投资者还将关注波音的商用飞机交付量，这是衡量该公司主要产品之一需求水平的关键指标。分析师预计，与去年同期相比，交付量将大幅上升，但远低于该公司最近2017财年和2018财年的峰值季度。5</blockquote></p><p> Boeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&amp;P 500.</p><p><blockquote>波音股票波动很大，去年表现逊于大盘。2020年11月，该股在12月初大幅上涨，然后在2021年1月下旬下跌。至此，波音股价再次攀升至3月份高点。此后，股价逐渐下跌，并在此过程中出现零星小幅上涨。波音股票的1年追踪总回报率为26.0%，落后于标普500 31.6%的总回报率。</blockquote></p><p> Boeing Earnings History</p><p><blockquote>波音盈利历史</blockquote></p><p> Boeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5</p><p><blockquote>多年来，波音公司一直难以报告正的调整后每股收益（EPS）。在过去10个季度中，波音公司仅报告了三个时期的调整后每股收益为正，其中两个是在大流行之前。最大的亏损发生在2020财年第四季度，当时波音报告并调整后每股亏损15.25美元。此后，波音公司的业绩大幅改善。其亏损在2021财年第一季度大幅收窄，随后在2021财年第二季度实现了七个季度以来的首次正调整后每股收益。分析师预计波音第三季度每股亏损0.15美元，这将是两年多来报告的最小亏损。5</blockquote></p><p> Boeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.</p><p><blockquote>波音的营收表现同样不佳。从2019财年第一季度到2021财年第一季度，该公司收入连续九个季度同比下降。2021财年第二季度是自2018财年以来收入首次同比增长。该季度收入增长44.0%。现在，分析师预计收入将再增长一个季度，但增速将放缓至21.5%。尽管取得了这一进展，波音公司预计第三季度收入仅为2018财年第三季度的三分之二左右。</blockquote></p><p> Boeing Key Stats</p><p><blockquote>波音关键统计数据</blockquote></p><p> <table>  <tbody>   <tr>    <td></td>    <td>Estimate for Q3 FY 2021</td>    <td>Q3 FY 2020</td>    <td>Q3 FY 2019</td>   </tr>   <tr>    <td>Adjusted Earnings Per Share</td>    <td>-$0.15</td>    <td>-$1.39</td>    <td>$1.45</td>   </tr>   <tr>    <td>Revenue (B)</td>    <td>$17.2</td>    <td>$14.1</td>    <td>$20.0</td>   </tr>   <tr>    <td>Commercial Airplane Deliveries</td>    <td>96</td>    <td>28</td>    <td>62</td>   </tr>  </tbody> </table> The Key Metric</p><p><blockquote><table><tbody><tr><td></td><td>2021财年第三季度预估</td><td>2020财年第三季度</td><td>2019财年第三季度</td></tr><tr><td>调整后每股收益</td><td>-$0.15</td><td>-$1.39</td><td>$1.45</td></tr><tr><td>收入(B)</td><td>$17.2</td><td>$14.1</td><td>$20.0</td></tr><tr><td>商用飞机交付</td><td>96</td><td>28</td><td>62</td></tr></tbody></table>关键指标</blockquote></p><p> As mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3</p><p><blockquote>如上所述，波音的商用飞机交付量也是投资者关注的一个关键指标。波音公司生产商用和军用飞机。对前一种类型的需求对经济状况更加敏感，而对后一种类型的需求取决于政府关于其军事计划的政策决定。随着美国疫情的威胁有所缓解，旅行需求不断上升，商用飞机交付量开始上升。但近年来，由于波音787 Max喷气式飞机长期停飞，以及最近787梦想飞机的零部件缺陷，生产和交付速度放缓。3</blockquote></p><p> These quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.</p><p><blockquote>这些质量问题阻碍了波音商用飞机交付从疫情中恢复的速度。该公司在2020财年第二季度交付了20架商用飞机，比2019财年第二季度下降了77.8%，比2018财年第二季度交付的194架商用飞机下降了近90%。自那个低点以来，商用飞机交付量每个季度都在连续改善，2021财年第二季度交付量高达79架。分析师预测，这一趋势将持续下去，2021财年第三季度将交付96架商用飞机。这将是去年同期交付的商用飞机数量的三倍多。</blockquote></p><p> <table></table></p><p><blockquote><table></table></blockquote></p><p></p>","source":"lsy1606203311635","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>Boeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</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\">\nBoeing Earnings: What to Look for from BA<blockquote>波音盈利：从英航身上寻找什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Investopedia</strong><span class=\"h-time small\">2021-10-26 23:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p>KEY TAKEAWAYS</p><p><blockquote>关键要点</blockquote></p><p> <ul>  <li>Analysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.</li>  <li>Commercial airplane deliveries are expected to increase sharply YOY.</li>  <li>Revenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.</li> </ul> Boeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123</p><p><blockquote><ul><li>分析师预计2020财年第三季度调整后每股收益为-0.15美元，而调整后每股收益为-1.39美元。</li><li>商用飞机交付量预计将同比大幅增长。</li><li>在连续九个季度同比下降后，收入预计将连续第二个季度增长。</li></ul>随着乘客对COVID-19大流行的担忧开始缓解，随着旅行反弹，波音公司(BA)对商用飞机的需求激增。第二季度，随着收入大幅增长，该公司在连续六个季度亏损后实现盈利。尽管如此，波音公司仍面临着疫情以外的持续问题。该公司的787 Max喷气式飞机一直存在质量问题。10月中旬，787梦想飞机的生产和交付被推迟，因为在一个钛部件中发现了一个新的缺陷。</blockquote></p><p> Investors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5</p><p><blockquote>当波音公司在10月27日开盘前公布2021财年第三季度收益时，投资者将关注波音公司如何克服这些问题以确保其持续复苏。4分析师预计波音公司第三季度调整后每股亏损将大幅收窄与去年同期相比。收入预计将同比(YOY)实现健康增长，但增速低于2021.5财年第二季度</blockquote></p><p> Investors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5</p><p><blockquote>投资者还将关注波音的商用飞机交付量，这是衡量该公司主要产品之一需求水平的关键指标。分析师预计，与去年同期相比，交付量将大幅上升，但远低于该公司最近2017财年和2018财年的峰值季度。5</blockquote></p><p> Boeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&amp;P 500.</p><p><blockquote>波音股票波动很大，去年表现逊于大盘。2020年11月，该股在12月初大幅上涨，然后在2021年1月下旬下跌。至此，波音股价再次攀升至3月份高点。此后，股价逐渐下跌，并在此过程中出现零星小幅上涨。波音股票的1年追踪总回报率为26.0%，落后于标普500 31.6%的总回报率。</blockquote></p><p> Boeing Earnings History</p><p><blockquote>波音盈利历史</blockquote></p><p> Boeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5</p><p><blockquote>多年来，波音公司一直难以报告正的调整后每股收益（EPS）。在过去10个季度中，波音公司仅报告了三个时期的调整后每股收益为正，其中两个是在大流行之前。最大的亏损发生在2020财年第四季度，当时波音报告并调整后每股亏损15.25美元。此后，波音公司的业绩大幅改善。其亏损在2021财年第一季度大幅收窄，随后在2021财年第二季度实现了七个季度以来的首次正调整后每股收益。分析师预计波音第三季度每股亏损0.15美元，这将是两年多来报告的最小亏损。5</blockquote></p><p> Boeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.</p><p><blockquote>波音的营收表现同样不佳。从2019财年第一季度到2021财年第一季度，该公司收入连续九个季度同比下降。2021财年第二季度是自2018财年以来收入首次同比增长。该季度收入增长44.0%。现在，分析师预计收入将再增长一个季度，但增速将放缓至21.5%。尽管取得了这一进展，波音公司预计第三季度收入仅为2018财年第三季度的三分之二左右。</blockquote></p><p> Boeing Key Stats</p><p><blockquote>波音关键统计数据</blockquote></p><p> <table>  <tbody>   <tr>    <td></td>    <td>Estimate for Q3 FY 2021</td>    <td>Q3 FY 2020</td>    <td>Q3 FY 2019</td>   </tr>   <tr>    <td>Adjusted Earnings Per Share</td>    <td>-$0.15</td>    <td>-$1.39</td>    <td>$1.45</td>   </tr>   <tr>    <td>Revenue (B)</td>    <td>$17.2</td>    <td>$14.1</td>    <td>$20.0</td>   </tr>   <tr>    <td>Commercial Airplane Deliveries</td>    <td>96</td>    <td>28</td>    <td>62</td>   </tr>  </tbody> </table> The Key Metric</p><p><blockquote><table><tbody><tr><td></td><td>2021财年第三季度预估</td><td>2020财年第三季度</td><td>2019财年第三季度</td></tr><tr><td>调整后每股收益</td><td>-$0.15</td><td>-$1.39</td><td>$1.45</td></tr><tr><td>收入(B)</td><td>$17.2</td><td>$14.1</td><td>$20.0</td></tr><tr><td>商用飞机交付</td><td>96</td><td>28</td><td>62</td></tr></tbody></table>关键指标</blockquote></p><p> As mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3</p><p><blockquote>如上所述，波音的商用飞机交付量也是投资者关注的一个关键指标。波音公司生产商用和军用飞机。对前一种类型的需求对经济状况更加敏感，而对后一种类型的需求取决于政府关于其军事计划的政策决定。随着美国疫情的威胁有所缓解，旅行需求不断上升，商用飞机交付量开始上升。但近年来，由于波音787 Max喷气式飞机长期停飞，以及最近787梦想飞机的零部件缺陷，生产和交付速度放缓。3</blockquote></p><p> These quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.</p><p><blockquote>这些质量问题阻碍了波音商用飞机交付从疫情中恢复的速度。该公司在2020财年第二季度交付了20架商用飞机，比2019财年第二季度下降了77.8%，比2018财年第二季度交付的194架商用飞机下降了近90%。自那个低点以来，商用飞机交付量每个季度都在连续改善，2021财年第二季度交付量高达79架。分析师预测，这一趋势将持续下去，2021财年第三季度将交付96架商用飞机。这将是去年同期交付的商用飞机数量的三倍多。</blockquote></p><p> <table></table></p><p><blockquote><table></table></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.investopedia.com/boeing-q3-fy2021-earnings-report-preview-5207000?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral\">Investopedia</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":{"BA":"波音"},"source_url":"https://www.investopedia.com/boeing-q3-fy2021-earnings-report-preview-5207000?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100809149","content_text":"KEY TAKEAWAYS\n\nAnalysts estimate adjusted EPS of -$0.15 vs. -$1.39 in Q3 FY 2020.\nCommercial airplane deliveries are expected to increase sharply YOY.\nRevenue is expected to rise for the second consecutive quarter after nine straight quarters of YOY declines.\n\nBoeing Co. (BA) has seen a surge in demand for commercial aircraft amid the rebound in travel as passengers' concerns begin to ease about the COVID-19 pandemic. During the second quarter, the company made a profit after six straight quarters of losses as revenue rose sharply. Despite this, Boeing faces ongoing problems beyond the pandemic. The company's 787 Max jet has had continuing quality problems. And in mid-October, production and deliveries of the 787 Dreamliner were delayed after a new defect was detected in a titanium part.123\nInvestors will look at how Boeing is overcoming these issues to ensure its continuing recovery when it reports earnings for Q3 FY 2021 before market open on Oct. 27.4In Q3, analysts expect Boeing to report a dramatic narrowing of adjusted losses per share compared to the same quarter a year earlier. Revenue is expected to show a healthy gain year-over-year (YOY), though slower than Q2 FY 2021.5\nInvestors will also focus on Boeing's commercial airplane deliveries, a key metric that measures the level of demand for one of the company's main products. Analysts estimate a sharp rise in deliveries compared to the year-ago quarter, though well below the company's recent peak quarters in FY 2017 and FY 2018.5\nBoeing stock has been highly volatile, underperforming the broader market in the last year. In November 2020, the stock staged a massive rally through early December, then declined through late January 2021. At this point, Boeing stock climbed once again to a high point in March. Since then, shares have gradually slipped downward, with sporadic modest upticks along the way. Boeing shares have provided a 1-year trailing total return of 26.0%, behind the total return of 31.6% for the S&P 500.\nBoeing Earnings History\nBoeing has struggled to report positive adjusted earnings per share (EPS) for years. In the past 10 quarters, Boeing has reported only three periods of positive adjusted EPS, two of those prior to pandemic. The widest loss was in Q4 FY 2020, when Boeing reported and adjusted loss of $15.25 a share. Boeing's performance has improved considerably since then. Its loss narrowed sharply in Q1 FY 2021, followed by its first positive adjusted EPS in seven quarters in Q2 FY 2021. For Q3, analysts expect Boeing to report a loss of $0.15 per share, which would be the smallest reported loss in more than two years.5\nBoeing's revenue performance has been equally poor. The company posted nine consecutive quarters of YOY revenue declines, from Q1 FY 2019 through Q1 FY 2021. Q2 FY 2021 was the first YOY improvement in revenue since FY 2018. Revenue jumped 44.0% for that quarter. Now, analysts expect another quarter of YOY revenue growth, but at a slower pace of 21.5%. Despite that progress, Boeing's estimated Q3 revenue would be only about two-thirds what it was in Q3 FY 2018.\nBoeing Key Stats\n\n\n\n\nEstimate for Q3 FY 2021\nQ3 FY 2020\nQ3 FY 2019\n\n\nAdjusted Earnings Per Share\n-$0.15\n-$1.39\n$1.45\n\n\nRevenue (B)\n$17.2\n$14.1\n$20.0\n\n\nCommercial Airplane Deliveries\n96\n28\n62\n\n\n\nThe Key Metric\nAs mentioned above, Boeing's commercial airplane deliveries are also a key metric watched by investors. Boeing manufactures both commercial and military aircraft. Demand for the former type is much more sensitive to economic conditions whereas demand for the latter depends on government policy decisions regarding its military program. Commercial airplane deliveries have begun to rise amid rising travel demand as the threat from the pandemic has eased in the U.S. But production and deliveries have been slowed in recent years by the lengthy grounding of Boeing's 787 Max jets, and most recently, by parts defects in 787 Dreamliner.3\nThese quality issues have hampered the speed with which Boeing's commercial airplane deliveries recovered from the pandemic. The company dropped to a low of just 20 commercial airplanes delivered in Q2 FY 2020, down 77.8% from Q2 FY 2019 and down nearly 90% from 194 commercial airplanes delivered in Q2 FY 2018. Since that low point, commercial airplane deliveries have improved each quarter sequentially, up to 79 deliveries for Q2 FY 2021. Analysts forecast that this trend will continue, with 96 commercial airplanes delivered for Q3 FY 2021. This would be more than triple the number of commercial aircraft delivered in the prior-year quarter.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821506440,"gmtCreate":1633754845525,"gmtModify":1633755387103,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XLF\">$Financial Select Sector SPDR Fund(XLF)$</a>有所期待","listText":"<a href=\"https://laohu8.com/S/XLF\">$Financial Select Sector SPDR Fund(XLF)$</a>有所期待","text":"$Financial Select Sector SPDR Fund(XLF)$有所期待","images":[{"img":"https://static.tigerbbs.com/1319873c0d2d612db10e39d33db48d5b","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/821506440","isVote":1,"tweetType":1,"viewCount":3079,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823673709,"gmtCreate":1633621148871,"gmtModify":1633621149127,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/823673709","repostId":"2173944807","repostType":4,"isVote":1,"tweetType":1,"viewCount":3044,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":886936743,"gmtCreate":1631542746382,"gmtModify":1631885784177,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886936743","repostId":"1186802465","repostType":4,"repost":{"id":"1186802465","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":1631541212,"share":"https://www.laohu8.com/m/news/1186802465?lang=zh_CN&edition=full","pubTime":"2021-09-13 21:53","market":"us","language":"en","title":"Affirm shares tumbled more than 12%<blockquote>Affirm股价暴跌超过12%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1186802465","media":"Tiger Newspress","summary":"Affirm shares tumbled more than 12% in Monday morning trading.\n\nAs ecommerce trends picked up over t","content":"<p>Affirm shares tumbled more than 12% in Monday morning trading.</p><p><blockquote>Affirm股价在周一早盘交易中下跌超过12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/10f54553d707a5e77aaeece1b6a1f177\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> As ecommerce trends picked up over the last year and a half, the companies that help facilitate payments also experienced a boon. Payment processing for merchants, peer lending firms, and even point-of-sale platforms benefitted from the industry’s massive rebound. From its business model of allowing customers to pay in fixed installments,Affirm Holdings, Inc.(<b>AFRM</b>) saw a huge spike in share price after recently reporting earnings results that were far beyond expectations.</p><p><blockquote>随着电子商务趋势在过去一年半的回升，帮助促进支付的公司也经历了福音。商家、P2P借贷公司甚至销售点平台的支付处理都受益于该行业的大幅反弹。Affirm Holdings，Inc.（<b>AFRM</b>）在最近公布远超预期的盈利结果后，股价大幅飙升。</blockquote></p><p> Spelling out his neutral take on the matter is Ryan Carr of Jefferies Group, who wrote that while the firm has seen overtly positive quarterly performance, obstacles remain in the form of increased competition and a normalization of larger market forces. These forces are in reference to the state of high liquidity levels and low interest rates due to U.S. federal fiscal intervention after the 2020 recession.</p><p><blockquote>杰富瑞集团(Jefferies Group)的瑞安·卡尔(Ryan Carr)阐述了他对此事的中立看法，他写道，虽然该公司的季度业绩明显积极，但竞争加剧和更大市场力量正常化等障碍仍然存在。这些力量指的是2020年经济衰退后美国联邦财政干预导致的高流动性水平和低利率的状态。</blockquote></p><p> Carr assigned a Hold rating on the stock, and raised his price target to $82 from $56. Despite the large raise, this target still represents a possible 12-month downside of 33.71%.</p><p><blockquote>卡尔对该股给予持有评级，并将目标价从56美元上调至82美元。尽管大幅上调，但这一目标仍意味着12个月内可能下跌33.71%。</blockquote></p><p> Although the company is anticipated by Carr to expand along with positive ecommerce trends, several key drivers of growth may have begun to plateau. These include “merchant discount rates, Gain on Sale margins, credit losses, and cost of funds,” and could result in a “tug-of-war on profitability” as operating leverage decelerates.</p><p><blockquote>尽管卡尔预计该公司将随着积极的电子商务趋势而扩张，但增长的几个关键驱动力可能已经开始趋于稳定。其中包括“商家折扣率、销售利润收益、信用损失和资金成本”，随着运营杠杆减速，可能会导致“盈利能力拉锯战”。</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>Affirm shares tumbled more than 12%<blockquote>Affirm股价暴跌超过12%</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\">\nAffirm shares tumbled more than 12%<blockquote>Affirm股价暴跌超过12%</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\">2021-09-13 21:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Affirm shares tumbled more than 12% in Monday morning trading.</p><p><blockquote>Affirm股价在周一早盘交易中下跌超过12%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/10f54553d707a5e77aaeece1b6a1f177\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> As ecommerce trends picked up over the last year and a half, the companies that help facilitate payments also experienced a boon. Payment processing for merchants, peer lending firms, and even point-of-sale platforms benefitted from the industry’s massive rebound. From its business model of allowing customers to pay in fixed installments,Affirm Holdings, Inc.(<b>AFRM</b>) saw a huge spike in share price after recently reporting earnings results that were far beyond expectations.</p><p><blockquote>随着电子商务趋势在过去一年半的回升，帮助促进支付的公司也经历了福音。商家、P2P借贷公司甚至销售点平台的支付处理都受益于该行业的大幅反弹。Affirm Holdings，Inc.（<b>AFRM</b>）在最近公布远超预期的盈利结果后，股价大幅飙升。</blockquote></p><p> Spelling out his neutral take on the matter is Ryan Carr of Jefferies Group, who wrote that while the firm has seen overtly positive quarterly performance, obstacles remain in the form of increased competition and a normalization of larger market forces. These forces are in reference to the state of high liquidity levels and low interest rates due to U.S. federal fiscal intervention after the 2020 recession.</p><p><blockquote>杰富瑞集团(Jefferies Group)的瑞安·卡尔(Ryan Carr)阐述了他对此事的中立看法，他写道，虽然该公司的季度业绩明显积极，但竞争加剧和更大市场力量正常化等障碍仍然存在。这些力量指的是2020年经济衰退后美国联邦财政干预导致的高流动性水平和低利率的状态。</blockquote></p><p> Carr assigned a Hold rating on the stock, and raised his price target to $82 from $56. Despite the large raise, this target still represents a possible 12-month downside of 33.71%.</p><p><blockquote>卡尔对该股给予持有评级，并将目标价从56美元上调至82美元。尽管大幅上调，但这一目标仍意味着12个月内可能下跌33.71%。</blockquote></p><p> Although the company is anticipated by Carr to expand along with positive ecommerce trends, several key drivers of growth may have begun to plateau. These include “merchant discount rates, Gain on Sale margins, credit losses, and cost of funds,” and could result in a “tug-of-war on profitability” as operating leverage decelerates.</p><p><blockquote>尽管卡尔预计该公司将随着积极的电子商务趋势而扩张，但增长的几个关键驱动力可能已经开始趋于稳定。其中包括“商家折扣率、销售利润收益、信用损失和资金成本”，随着运营杠杆减速，可能会导致“盈利能力拉锯战”。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AFRM":"Affirm Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186802465","content_text":"Affirm shares tumbled more than 12% in Monday morning trading.\n\nAs ecommerce trends picked up over the last year and a half, the companies that help facilitate payments also experienced a boon. Payment processing for merchants, peer lending firms, and even point-of-sale platforms benefitted from the industry’s massive rebound. From its business model of allowing customers to pay in fixed installments,Affirm Holdings, Inc.(AFRM) saw a huge spike in share price after recently reporting earnings results that were far beyond expectations.\nSpelling out his neutral take on the matter is Ryan Carr of Jefferies Group, who wrote that while the firm has seen overtly positive quarterly performance, obstacles remain in the form of increased competition and a normalization of larger market forces. These forces are in reference to the state of high liquidity levels and low interest rates due to U.S. federal fiscal intervention after the 2020 recession.\nCarr assigned a Hold rating on the stock, and raised his price target to $82 from $56. Despite the large raise, this target still represents a possible 12-month downside of 33.71%.\nAlthough the company is anticipated by Carr to expand along with positive ecommerce trends, several key drivers of growth may have begun to plateau. These include “merchant discount rates, Gain on Sale margins, credit losses, and cost of funds,” and could result in a “tug-of-war on profitability” as operating leverage decelerates.","news_type":1,"symbols_score_info":{"AFRM":0.9}},"isVote":1,"tweetType":1,"viewCount":1884,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886936269,"gmtCreate":1631542731651,"gmtModify":1631885784187,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/886936269","repostId":"2167581648","repostType":4,"isVote":1,"tweetType":1,"viewCount":2070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886936088,"gmtCreate":1631542705544,"gmtModify":1631885784200,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886936088","repostId":"2166303094","repostType":4,"isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881623173,"gmtCreate":1631332948192,"gmtModify":1631885784214,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881623173","repostId":"1127461097","repostType":4,"repost":{"id":"1127461097","kind":"news","pubTimestamp":1631324868,"share":"https://www.laohu8.com/m/news/1127461097?lang=zh_CN&edition=full","pubTime":"2021-09-11 09:47","market":"us","language":"en","title":"One Small Step From Apple Could Mean A Giant Leap For GlobalStar<blockquote>苹果迈出的一小步可能意味着GlobalStar的一大步</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1127461097","media":"Seeking Alpha","summary":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>At first sight, Globalstar is just one more satellite communications play.</li>  <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>  <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>  <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>  <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p><p><blockquote><ul><li>乍一看，Globalstar只是又一个卫星通信游戏。</li><li>更深入地看，其频段n53可在任何环境下提供安全可靠的连接，现已包含在高通最新的智能手机5G调制解调器中。</li><li>被苹果选中对于Globalstar增加收入和实现收入多元化以及改变目前亏损状况的战略来说意义重大。</li><li>即使没有苹果，该公司也值得关注，但只是作为物联网在激烈竞争和减少债务能力中的长期受益者。</li><li>鉴于市场上的所有消息，估值都非常高，最好在投资之前等待下周苹果活动上的一些具体消息。</li></ul><p class=\"t-img-caption\"><span>metamorworks/iStock来自Getty Images</span></p></blockquote></p><p> Globalstar's (GSAT) shares soared 40% on August 30 after a report by&nbsp;MacRumors&nbsp;which cited expert Apple (NASDAQ:AAPL) analyst&nbsp;Ming-Chi Kuo&nbsp;of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p><p><blockquote>8月30日，MacRumors援引天风国际证券苹果（纳斯达克股票代码：AAPL）分析师郭明錤的一份报告称，iPhone 13使用卫星连接，以便用户可以进行评级，Globalstar(GSAT)股价飙升40%。在没有蜂窝覆盖的区域发送短信。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should&nbsp;allow users to issue crash reports or text messages in areas without cellular coverage.</p><p><blockquote>不久之后，彭博进一步澄清说，这些功能不会很快推出，而是适用于未来的iPhones，应该允许用户在没有手机覆盖的地区发布崩溃报告或短信。</blockquote></p><p> Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p><p><blockquote>现在，苹果甚至考虑在其全球品牌中添加任何基于卫星的功能对Globalstar来说意义重大，但首先，对于投资者来说，我明白这一切。</blockquote></p><p> <b>Reasons for Apple to choose Globalstar</b></p><p><blockquote><b>苹果选择Globalstar的原因</b></blockquote></p><p> For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p><p><blockquote>对于我们大多数人来说，我们对基于卫星的互联网的体验意味着糟糕或有时不稳定的连接，但这些大多是与位于地球表面上方的地球同步卫星。相反，Globalstar的低地球轨道（“LEO”）卫星提供的机会要好得多，尤其是在没有4G或5G蜂窝覆盖的地区。</blockquote></p><p> To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of&nbsp;97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p><p><blockquote>要了解低地球轨道卫星的潜力，可以看看埃隆·马斯克(Elon Musk)的SpaceX(SPACE)。这些服务已部署在美国和英国，一些客户已经注册了该服务。Speedtest的基准测试显示，下载速度为97.23 Mbps，远远高于其他传统供应商。这一速度低于固定宽带提供商115.22 Mbps的中值速度，但对于电信公司发现铺设额外光纤或扩大蜂窝覆盖不经济的“弱势地区”来说是有意义的。</blockquote></p><p> Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p><p><blockquote>因此，鉴于iPhone和卫星连接融合的巨大潜力，有关苹果仅出于紧急目的使用Globalstar网络的消息似乎更多的是为了不惊动与其合作数十年的电信合作伙伴。</blockquote></p><p> This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p><p><blockquote>高通（纳斯达克：QCOM）在其新的5G X65调制解调器中包含了Globalstar的n53频段，这使得这种混合成为可能。这也应该会显着扩大卫星运营商的潜在设备生态系统，将智能手机、笔记本电脑和平板电脑包括在内。</blockquote></p><p> For investors, the&nbsp;Snapdragon X65&nbsp;will be released in the fall of&nbsp;2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p><p><blockquote>对于投资者来说，骁龙X 65将于2022年秋季发布，很可能会进入明年的iPhone。应该会有更好的峰值性能和其他好处，但有些需要运营商升级他们的网络。另一方面，有了n53频段，人们可以想象未来移动通信的转变，在世界任何地方，通过单一运营商计划，无需漫游，无需购买本地SIM卡。</blockquote></p><p> <b>Globalstar's differentiation</b></p><p><blockquote><b>全球星的差异化</b></blockquote></p><p> Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p><p><blockquote>因此，这不仅仅是关于紧急评级或消息传递，在某种程度上，显示了Globalstar作为卫星网络运营商相对于电信公司移动网络运营的优势。</blockquote></p><p> Now, satellite communications is a huge industry, estimated at $56.01 billion&nbsp;in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&amp;T (T).</p><p><blockquote>现在，卫星通信是一个巨大的产业，2019年估计为560.1亿美元，预计到2027年将达到995.8亿美元，2020年至2027年的CAGR为9.2%。更深入地说，有几家卫星运营商和服务提供商，包括铱星(IRDM)和Orbcomm(ORBC)。其他公司也涉足太空技术，如DISH Networks(DISH)和AT&amp;T(T)。</blockquote></p><p> Here, GlobalStar seems to be having some key strengths with respect to peers.</p><p><blockquote>在这方面，GlobalStar似乎相对于同行拥有一些关键优势。</blockquote></p><p> According to the company's website, its&nbsp;strategically&nbsp;placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p><p><blockquote>根据该公司的网站，其战略性放置的网关提供本地网络接入和国家编号计划，而其他LEO系统需要为所有评级进行昂贵的国际拨号。此外，Globalstar拥有独特的设计，使其能够向客户提供最具吸引力的本地拨号和定价计划。</blockquote></p><p></p><p> Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p><p><blockquote>此外，Globalstar的24个地面站还充当了低地球轨道卫星和六大洲传统通信基础设施之间的桥梁，覆盖全球120多个国家。此外，第二代地面基础设施基于因特网协议多媒体子系统(“IMS”)协议，其便于使用IP(因特网协议)进行无线或陆线上的分组通信。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：globalstar.com</span></p></blockquote></p><p> Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than&nbsp;five billion mobile subscribers&nbsp;constantly move in and out of wireless coverage, representing a huge TAM.</p><p><blockquote>因此，Globalstar为像苹果这样寻求渗透新市场的巨头带来了一些有吸引力的指标。在这方面，根据一个消息来源，超过50亿的移动用户不断地进出无线覆盖，这代表了一个巨大的TAM。</blockquote></p><p> Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p><p><blockquote>与苹果签订合同，即使是部分合同，或者与另一家同行合作，都会增加新用户数量，这反过来应该足以抵消当前ARPU（每用户平均收入）下降对收入的影响。</blockquote></p><p> <b>The revenues</b></p><p><blockquote><b>收入</b></blockquote></p><p> Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p><p><blockquote>与去年相比，2021年第二季度的整体销售额有所下降，因为与SPOT（最大的细分市场）相关的用户设备产生的更高收入被服务收入的下降所抵消。对于投资者来说，SPOT是一款GPS跟踪设备，它使用Globalstar的卫星网络提供短信和GPS跟踪。</blockquote></p><p> Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p><p><blockquote>更深入地看，由于双工用户减少，服务收入也比去年同期下降，随着Globalstar将资源集中在其他收入流（例如支持物联网的设备）上，预计这种下降将持续下去。这是鉴于整个MSS（移动卫星服务）行业的需求转变而完成的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p><p><blockquote>有趣的是，由于ARPU较上年同期上升，2021年第二季度商业物联网用户产生的服务收入增长了5%。此外，物联网设备销售额较去年同期大幅增长，这是未来服务收入增长的关键指标。</blockquote></p><p> Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at&nbsp;satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p><p><blockquote>仔细想想，SPOT较低的ARPU也表明了竞争，Globalstar在工业、政府和消费市场上进行了激烈的价格竞争。从卫星电话和通信设备来看，一些竞争对手包括Garmin(GRMN)的InReach、Iridium Go和Thuraya X5-Touch（一款双卡Android智能手机）。</blockquote></p><p> As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p><p><blockquote>因此，该公司不得不降价，其“价格有竞争力的服务计划低于历史费率”。因此，现货收入在短期内应该会继续下降，更高的激活量无法抵消较低的ARPU对销售的影响。</blockquote></p><p> A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p><p><blockquote>与竞争对手铱星的比较显示了截然不同的收入趋势，Globalstar自2019年底以来一直处于波动趋势，同时竞争更加激烈。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：通过Seeking Alpha的数据构建的图表。</span></p></blockquote></p><p> Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p><p><blockquote>因此，采取谨慎的态度，面向物联网的创收模式的改变可能需要时间来执行，从而销售数字可能会进一步下降。这反过来可能会导致第三季度业绩未达到预期，导致股价下跌。就此而言，正如我在之前的论文中指出的那样，投资Globalstar的风险之一是其对石油和天然气行业命运的依赖。</blockquote></p><p> On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p><p><blockquote>从积极的一面来看，该公司继续降低杠杆率，截至2021年第二季度末，未偿第一留置权本金净额不到5000万美元。</blockquote></p><p> As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional&nbsp;$37.5 million&nbsp;in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on&nbsp;June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had&nbsp;$313.4 million&nbsp;in long-term debt.</p><p><blockquote>截至2021年6月30日，该公司分别持有1570万美元和5100万美元的现金和限制性现金。Globalstar已收到客户额外支付的3750万美元预付款。新付款的条款与6月9日收到的类似3750万美元付款“基本相同”。与其他付款一样，Globalstar将使用新的3750万美元收益来偿还其第一留置权信贷安排下的债务。在上一份报告中，该公司的长期债务为3.134亿美元。</blockquote></p><p> <b>Valuations and key takeaways</b></p><p><blockquote><b>估值和主要要点</b></blockquote></p><p></p><p> As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at&nbsp;10.1%&nbsp;from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p><p><blockquote>2021年前六个月，多达16%的收入来自物联网，高于去年同期的14%。现在，在一个从2019年到2025年以10.1%的速度增长的市场中，有很大的空间，但这也将取决于Globalstar有意义地识别、追求和完成大型交易的能力。这应有助于进一步多元化其收入基础，摆脱全双工。</blockquote></p><p> The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p><p><blockquote>该公司还成功地在替代能源行业进行了远程监控的现场测试，预计这将在未来的销售中实现，但没有提及时间表。</blockquote></p><p> Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was&nbsp;-$0.01&nbsp;for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of&nbsp;20x. This signifies no buying opportunity based on fundamentals.</p><p><blockquote>此外，这是一家亏损公司，与去年相比，2021年第二季度的运营亏损增加了60万美元。第二季度每股收益为-0.01美元，预计第三季度将持平。相比之下，通信行业的预期市盈率为20倍。这意味着没有基于基本面的买入机会。</blockquote></p><p> The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p><p><blockquote>Globalstar的损失状况能够迅速改变的唯一方法是通过iPhone生态系统在美国和其他国家实现其n53频谱的商业化。与苹果的合作将允许扩大卫星通信业务，更有效地利用网络资产，并使Globalstar能够超越竞争对手。两家公司都与高通合作的事实对Globalstar来说是一个积极的因素。</blockquote></p><p> This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in&nbsp;high&nbsp;Price to Sales multiples of over 2000% with respect to the communications sector.</p><p><blockquote>尽管如此，在没有公司公告的情况下，Globalstar的股价一直在飙升，因为人们不断猜测其卫星通信技术可能会包含在苹果的新款iPhone中，导致通信行业的市销率超过2000%。</blockquote></p><p> Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event&nbsp;on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</p><p><blockquote>因此，对于理性投资者来说，最好等待9月14日“加州流媒体”活动的更新后再做出决定。与此同时，该股可能会跌至2美元的支撑位。</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>One Small Step From Apple Could Mean A Giant Leap For GlobalStar<blockquote>苹果迈出的一小步可能意味着GlobalStar的一大步</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; 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}\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\">\nOne Small Step From Apple Could Mean A Giant Leap For GlobalStar<blockquote>苹果迈出的一小步可能意味着GlobalStar的一大步</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\">2021-09-11 09:47</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>At first sight, Globalstar is just one more satellite communications play.</li>  <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>  <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>  <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>  <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p><p><blockquote><ul><li>乍一看，Globalstar只是又一个卫星通信游戏。</li><li>更深入地看，其频段n53可在任何环境下提供安全可靠的连接，现已包含在高通最新的智能手机5G调制解调器中。</li><li>被苹果选中对于Globalstar增加收入和实现收入多元化以及改变目前亏损状况的战略来说意义重大。</li><li>即使没有苹果，该公司也值得关注，但只是作为物联网在激烈竞争和减少债务能力中的长期受益者。</li><li>鉴于市场上的所有消息，估值都非常高，最好在投资之前等待下周苹果活动上的一些具体消息。</li></ul><p class=\"t-img-caption\"><span>metamorworks/iStock来自Getty Images</span></p></blockquote></p><p> Globalstar's (GSAT) shares soared 40% on August 30 after a report by&nbsp;MacRumors&nbsp;which cited expert Apple (NASDAQ:AAPL) analyst&nbsp;Ming-Chi Kuo&nbsp;of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p><p><blockquote>8月30日，MacRumors援引天风国际证券苹果（纳斯达克股票代码：AAPL）分析师郭明錤的一份报告称，iPhone 13使用卫星连接，以便用户可以进行评级，Globalstar(GSAT)股价飙升40%。在没有蜂窝覆盖的区域发送短信。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should&nbsp;allow users to issue crash reports or text messages in areas without cellular coverage.</p><p><blockquote>不久之后，彭博进一步澄清说，这些功能不会很快推出，而是适用于未来的iPhones，应该允许用户在没有手机覆盖的地区发布崩溃报告或短信。</blockquote></p><p> Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p><p><blockquote>现在，苹果甚至考虑在其全球品牌中添加任何基于卫星的功能对Globalstar来说意义重大，但首先，对于投资者来说，我明白这一切。</blockquote></p><p> <b>Reasons for Apple to choose Globalstar</b></p><p><blockquote><b>苹果选择Globalstar的原因</b></blockquote></p><p> For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p><p><blockquote>对于我们大多数人来说，我们对基于卫星的互联网的体验意味着糟糕或有时不稳定的连接，但这些大多是与位于地球表面上方的地球同步卫星。相反，Globalstar的低地球轨道（“LEO”）卫星提供的机会要好得多，尤其是在没有4G或5G蜂窝覆盖的地区。</blockquote></p><p> To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of&nbsp;97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p><p><blockquote>要了解低地球轨道卫星的潜力，可以看看埃隆·马斯克(Elon Musk)的SpaceX(SPACE)。这些服务已部署在美国和英国，一些客户已经注册了该服务。Speedtest的基准测试显示，下载速度为97.23 Mbps，远远高于其他传统供应商。这一速度低于固定宽带提供商115.22 Mbps的中值速度，但对于电信公司发现铺设额外光纤或扩大蜂窝覆盖不经济的“弱势地区”来说是有意义的。</blockquote></p><p> Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p><p><blockquote>因此，鉴于iPhone和卫星连接融合的巨大潜力，有关苹果仅出于紧急目的使用Globalstar网络的消息似乎更多的是为了不惊动与其合作数十年的电信合作伙伴。</blockquote></p><p> This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p><p><blockquote>高通（纳斯达克：QCOM）在其新的5G X65调制解调器中包含了Globalstar的n53频段，这使得这种混合成为可能。这也应该会显着扩大卫星运营商的潜在设备生态系统，将智能手机、笔记本电脑和平板电脑包括在内。</blockquote></p><p> For investors, the&nbsp;Snapdragon X65&nbsp;will be released in the fall of&nbsp;2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p><p><blockquote>对于投资者来说，骁龙X 65将于2022年秋季发布，很可能会进入明年的iPhone。应该会有更好的峰值性能和其他好处，但有些需要运营商升级他们的网络。另一方面，有了n53频段，人们可以想象未来移动通信的转变，在世界任何地方，通过单一运营商计划，无需漫游，无需购买本地SIM卡。</blockquote></p><p> <b>Globalstar's differentiation</b></p><p><blockquote><b>全球星的差异化</b></blockquote></p><p> Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p><p><blockquote>因此，这不仅仅是关于紧急评级或消息传递，在某种程度上，显示了Globalstar作为卫星网络运营商相对于电信公司移动网络运营的优势。</blockquote></p><p> Now, satellite communications is a huge industry, estimated at $56.01 billion&nbsp;in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&amp;T (T).</p><p><blockquote>现在，卫星通信是一个巨大的产业，2019年估计为560.1亿美元，预计到2027年将达到995.8亿美元，2020年至2027年的CAGR为9.2%。更深入地说，有几家卫星运营商和服务提供商，包括铱星(IRDM)和Orbcomm(ORBC)。其他公司也涉足太空技术，如DISH Networks(DISH)和AT&amp;T(T)。</blockquote></p><p> Here, GlobalStar seems to be having some key strengths with respect to peers.</p><p><blockquote>在这方面，GlobalStar似乎相对于同行拥有一些关键优势。</blockquote></p><p> According to the company's website, its&nbsp;strategically&nbsp;placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p><p><blockquote>根据该公司的网站，其战略性放置的网关提供本地网络接入和国家编号计划，而其他LEO系统需要为所有评级进行昂贵的国际拨号。此外，Globalstar拥有独特的设计，使其能够向客户提供最具吸引力的本地拨号和定价计划。</blockquote></p><p></p><p> Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p><p><blockquote>此外，Globalstar的24个地面站还充当了低地球轨道卫星和六大洲传统通信基础设施之间的桥梁，覆盖全球120多个国家。此外，第二代地面基础设施基于因特网协议多媒体子系统(“IMS”)协议，其便于使用IP(因特网协议)进行无线或陆线上的分组通信。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：globalstar.com</span></p></blockquote></p><p> Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than&nbsp;five billion mobile subscribers&nbsp;constantly move in and out of wireless coverage, representing a huge TAM.</p><p><blockquote>因此，Globalstar为像苹果这样寻求渗透新市场的巨头带来了一些有吸引力的指标。在这方面，根据一个消息来源，超过50亿的移动用户不断地进出无线覆盖，这代表了一个巨大的TAM。</blockquote></p><p> Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p><p><blockquote>与苹果签订合同，即使是部分合同，或者与另一家同行合作，都会增加新用户数量，这反过来应该足以抵消当前ARPU（每用户平均收入）下降对收入的影响。</blockquote></p><p> <b>The revenues</b></p><p><blockquote><b>收入</b></blockquote></p><p> Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p><p><blockquote>与去年相比，2021年第二季度的整体销售额有所下降，因为与SPOT（最大的细分市场）相关的用户设备产生的更高收入被服务收入的下降所抵消。对于投资者来说，SPOT是一款GPS跟踪设备，它使用Globalstar的卫星网络提供短信和GPS跟踪。</blockquote></p><p> Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p><p><blockquote>更深入地看，由于双工用户减少，服务收入也比去年同期下降，随着Globalstar将资源集中在其他收入流（例如支持物联网的设备）上，预计这种下降将持续下去。这是鉴于整个MSS（移动卫星服务）行业的需求转变而完成的。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：寻求阿尔法</span></p></blockquote></p><p> Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p><p><blockquote>有趣的是，由于ARPU较上年同期上升，2021年第二季度商业物联网用户产生的服务收入增长了5%。此外，物联网设备销售额较去年同期大幅增长，这是未来服务收入增长的关键指标。</blockquote></p><p> Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at&nbsp;satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p><p><blockquote>仔细想想，SPOT较低的ARPU也表明了竞争，Globalstar在工业、政府和消费市场上进行了激烈的价格竞争。从卫星电话和通信设备来看，一些竞争对手包括Garmin(GRMN)的InReach、Iridium Go和Thuraya X5-Touch（一款双卡Android智能手机）。</blockquote></p><p> As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p><p><blockquote>因此，该公司不得不降价，其“价格有竞争力的服务计划低于历史费率”。因此，现货收入在短期内应该会继续下降，更高的激活量无法抵消较低的ARPU对销售的影响。</blockquote></p><p> A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p><p><blockquote>与竞争对手铱星的比较显示了截然不同的收入趋势，Globalstar自2019年底以来一直处于波动趋势，同时竞争更加激烈。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：通过Seeking Alpha的数据构建的图表。</span></p></blockquote></p><p> Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p><p><blockquote>因此，采取谨慎的态度，面向物联网的创收模式的改变可能需要时间来执行，从而销售数字可能会进一步下降。这反过来可能会导致第三季度业绩未达到预期，导致股价下跌。就此而言，正如我在之前的论文中指出的那样，投资Globalstar的风险之一是其对石油和天然气行业命运的依赖。</blockquote></p><p> On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p><p><blockquote>从积极的一面来看，该公司继续降低杠杆率，截至2021年第二季度末，未偿第一留置权本金净额不到5000万美元。</blockquote></p><p> As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional&nbsp;$37.5 million&nbsp;in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on&nbsp;June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had&nbsp;$313.4 million&nbsp;in long-term debt.</p><p><blockquote>截至2021年6月30日，该公司分别持有1570万美元和5100万美元的现金和限制性现金。Globalstar已收到客户额外支付的3750万美元预付款。新付款的条款与6月9日收到的类似3750万美元付款“基本相同”。与其他付款一样，Globalstar将使用新的3750万美元收益来偿还其第一留置权信贷安排下的债务。在上一份报告中，该公司的长期债务为3.134亿美元。</blockquote></p><p> <b>Valuations and key takeaways</b></p><p><blockquote><b>估值和主要要点</b></blockquote></p><p></p><p> As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at&nbsp;10.1%&nbsp;from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p><p><blockquote>2021年前六个月，多达16%的收入来自物联网，高于去年同期的14%。现在，在一个从2019年到2025年以10.1%的速度增长的市场中，有很大的空间，但这也将取决于Globalstar有意义地识别、追求和完成大型交易的能力。这应有助于进一步多元化其收入基础，摆脱全双工。</blockquote></p><p> The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p><p><blockquote>该公司还成功地在替代能源行业进行了远程监控的现场测试，预计这将在未来的销售中实现，但没有提及时间表。</blockquote></p><p> Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was&nbsp;-$0.01&nbsp;for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of&nbsp;20x. This signifies no buying opportunity based on fundamentals.</p><p><blockquote>此外，这是一家亏损公司，与去年相比，2021年第二季度的运营亏损增加了60万美元。第二季度每股收益为-0.01美元，预计第三季度将持平。相比之下，通信行业的预期市盈率为20倍。这意味着没有基于基本面的买入机会。</blockquote></p><p> The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p><p><blockquote>Globalstar的损失状况能够迅速改变的唯一方法是通过iPhone生态系统在美国和其他国家实现其n53频谱的商业化。与苹果的合作将允许扩大卫星通信业务，更有效地利用网络资产，并使Globalstar能够超越竞争对手。两家公司都与高通合作的事实对Globalstar来说是一个积极的因素。</blockquote></p><p> This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in&nbsp;high&nbsp;Price to Sales multiples of over 2000% with respect to the communications sector.</p><p><blockquote>尽管如此，在没有公司公告的情况下，Globalstar的股价一直在飙升，因为人们不断猜测其卫星通信技术可能会包含在苹果的新款iPhone中，导致通信行业的市销率超过2000%。</blockquote></p><p> Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event&nbsp;on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</p><p><blockquote>因此，对于理性投资者来说，最好等待9月14日“加州流媒体”活动的更新后再做出决定。与此同时，该股可能会跌至2美元的支撑位。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar\">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":{"GSAT":"全球星"},"source_url":"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127461097","content_text":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.\nBeing selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.\nEven without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.\nValuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.\n\nmetamorworks/iStock via Getty Images\nGlobalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.\nData by YCharts\nSoon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.\nNow, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.\nReasons for Apple to choose Globalstar\nFor most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.\nTo have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.\nTherefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.\nThis blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.\nFor investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.\nGlobalstar's differentiation\nThus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.\nNow, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).\nHere, GlobalStar seems to be having some key strengths with respect to peers.\nAccording to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.\nPursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.\nSource: globalstar.com\nConsequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.\nBagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).\nThe revenues\nOverall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.\nLooking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.\nSource: Seeking Alpha\nInterestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.\nThinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.\nAs a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.\nA comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.\nSource: Charts built through data from Seeking Alpha.\nTherefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.\nOn the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.\nAs of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.\nValuations and key takeaways\nAs much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.\nThe company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.\nFurthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.\nThe only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.\nThis said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.\nConsequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.","news_type":1,"symbols_score_info":{"GSAT":0.9}},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881629967,"gmtCreate":1631332855059,"gmtModify":1631885784223,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881629967","repostId":"2166375184","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881620432,"gmtCreate":1631332836226,"gmtModify":1631885784237,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881620432","repostId":"2166711943","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880372665,"gmtCreate":1631023009057,"gmtModify":1631885784247,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880372665","isVote":1,"tweetType":1,"viewCount":1670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":880371216,"gmtCreate":1631022904135,"gmtModify":1631885784264,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880371216","isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814436986,"gmtCreate":1630856801345,"gmtModify":1631885784274,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814436986","repostId":"814658447","repostType":1,"repost":{"id":814658447,"gmtCreate":1630815377989,"gmtModify":1631892804981,"author":{"id":"3570220781625377","authorId":"3570220781625377","name":"XiaoZ","avatar":"https://static.tigerbbs.com/2a906c12b69962b4dd222f51848e4d05","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570220781625377","idStr":"3570220781625377"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a>[捂脸]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$老虎證券(TIGR)$</a>[捂脸]&nbsp;","text":"$老虎證券(TIGR)$[捂脸]","images":[{"img":"https://static.tigerbbs.com/cba13ef35942232aecb4c974e6f2b833","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814658447","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814370648,"gmtCreate":1630771413084,"gmtModify":1631885784285,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","listText":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","text":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","images":[{"img":"https://static.tigerbbs.com/699cf80a926f9792e66de103b81bb04c","width":"1080","height":"2325"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":17,"repostSize":0,"link":"https://laohu8.com/post/814370648","isVote":1,"tweetType":1,"viewCount":725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813894539,"gmtCreate":1630164822621,"gmtModify":1704956675796,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3573389522852737\">@LinHart</a>: Pls like","listText":"//<a href=\"https://laohu8.com/U/3573389522852737\">@LinHart</a>: Pls like","text":"//@LinHart: Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/813894539","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832055594,"gmtCreate":1629548248118,"gmtModify":1631889650098,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578134126413921","idStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/832055594","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://www.laohu8.com/m/news/1107075259?lang=zh_CN&edition=full","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>","source":"market_watch","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>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</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; 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}\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\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-21 09:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":821506440,"gmtCreate":1633754845525,"gmtModify":1633755387103,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XLF\">$Financial Select Sector SPDR Fund(XLF)$</a>有所期待","listText":"<a href=\"https://laohu8.com/S/XLF\">$Financial Select Sector SPDR Fund(XLF)$</a>有所期待","text":"$Financial Select Sector SPDR Fund(XLF)$有所期待","images":[{"img":"https://static.tigerbbs.com/1319873c0d2d612db10e39d33db48d5b","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/821506440","isVote":1,"tweetType":1,"viewCount":3079,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":814370648,"gmtCreate":1630771413084,"gmtModify":1631885784285,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","listText":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","text":"They are a good company and these are the kind of company to buy the dips on. Be patient and get rewarded.","images":[{"img":"https://static.tigerbbs.com/699cf80a926f9792e66de103b81bb04c","width":"1080","height":"2325"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":17,"repostSize":0,"link":"https://laohu8.com/post/814370648","isVote":1,"tweetType":1,"viewCount":725,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813894539,"gmtCreate":1630164822621,"gmtModify":1704956675796,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3573389522852737\">@LinHart</a>: Pls like","listText":"//<a href=\"https://laohu8.com/U/3573389522852737\">@LinHart</a>: Pls like","text":"//@LinHart: Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/813894539","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807988945,"gmtCreate":1627996686787,"gmtModify":1631889650103,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/807988945","repostId":"2156147918","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148788379,"gmtCreate":1626017676291,"gmtModify":1631891804753,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/148788379","repostId":"1106289851","repostType":4,"repost":{"id":"1106289851","kind":"news","pubTimestamp":1625972710,"share":"https://www.laohu8.com/m/news/1106289851?lang=zh_CN&edition=full","pubTime":"2021-07-11 11:05","market":"us","language":"en","title":"PepsiCo Reports Earnings Next Week. Buy the Stock Now, Analyst Says.<blockquote>百事公司下周公布财报。分析师表示，立即购买该股票。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106289851","media":"Barrons","summary":"A PepsiCo bull is getting out ahead of the beverage and snack giant’s second-quarter report Tuesday:","content":"<p>A PepsiCo bull is getting out ahead of the beverage and snack giant’s second-quarter report Tuesday: She’s making a buy recommendation now.</p><p><blockquote>在这家饮料和零食巨头周二发布第二季度报告之前，百事可乐的看涨者即将离场：她现在提出买入建议。</blockquote></p><p> On Friday, Cowen &amp; Co. analyst Vivien Azer reiterated an Outperform rating and $165 price target on PepsiCo (ticker: PEP). She’s modeling for the company to earn $1.51 a share, 2 cents below the average analyst estimate—although she notes that figure could be conservative—and organic revenue growth of 8.6%.</p><p><blockquote>周五，Cowen&amp;Co.分析师Vivien Azer重申了百事可乐（股票代码：PEP）跑赢大盘的评级和165美元的目标价。她预测该公司每股收益为1.51美元，比分析师平均预期低2美分（尽管她指出这个数字可能比较保守），有机收入增长为8.6%。</blockquote></p><p> Azer expects Frito Lay North America’s organic revenue growth to be 4%, and notes the division is holding up well despite difficult year-over-year comparisons when more consumers were snacking at home during Covid-19 restrictions.</p><p><blockquote>Azer预计Frito Lay North America的有机收入增长为4%，并指出，尽管在Covid-19限制期间有更多消费者在家吃零食，但同比比较困难，该部门仍保持良好。</blockquote></p><p> The analyst believes Pepsi’s North American beverage business, by contrast, will see its easiest comparison of the year in the second quarter, and points out that recent data shows it may be pulling ahead of Coca-Cola (KO) in terms of sales growth.</p><p><blockquote>该分析师认为，相比之下，百事可乐的北美饮料业务将在第二季度实现今年最容易的比较，并指出最近的数据显示，百事可乐在销售增长方面可能领先于可口可乐（KO）。</blockquote></p><p> Also, overall Covid-related costs should be down because of a strong vaccine rollout in the U.S., which accounts for nearly two-thirds of Pepsi’s profits. Still, Azer wrote, the lingering pandemic threat in Latin America could be a headwind in that region.</p><p><blockquote>此外，由于美国疫苗的大力推广，与Covid相关的总体成本应该会下降，美国占百事可乐利润的近三分之二。尽管如此，阿泽写道，拉丁美洲挥之不去的流行病威胁可能会成为该地区的阻力。</blockquote></p><p> Other analysts have been&nbsp;optimistic about Pepsi’s earnings&nbsp;as well. A little over half of the 23 tracked by FactSet rate it at Buy or the equivalent, with 43% on the sidelines and one bearish call. The average analyst price target is $156.02.</p><p><blockquote>其他分析师也对百事可乐的盈利持乐观态度。FactSet追踪的23家公司中，略多于一半的公司将其评级为“买入”或同等评级，43%的公司持观望态度，其中一名看涨期权看跌。分析师平均目标价为156.02美元。</blockquote></p><p> Consensus calls for Pepsi to earn $1.53 a share on revenue of $17.97 billion. That’s up from EPS of $1.21 and revenue of $14.82 billion in the&nbsp;previous quarter, reported in April. Pepsi’s EPS hasn’t missed quarterly expectations in the past five years.</p><p><blockquote>评级一致认为百事可乐每股收益1.53美元，营收179.7亿美元。这高于4月份报告的上一季度每股收益1.21美元和营收148.2亿美元。百事可乐的每股收益在过去五年中没有低于季度预期。</blockquote></p><p> Pepsi will host a conference call at 8:15 a.m. Eastern time Tuesday.</p><p><blockquote>百事可乐将于上午8:15举办电话会议。东部时间周二。</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>PepsiCo Reports Earnings Next Week. Buy the Stock Now, Analyst Says.<blockquote>百事公司下周公布财报。分析师表示，立即购买该股票。</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\">\nPepsiCo Reports Earnings Next Week. Buy the Stock Now, Analyst Says.<blockquote>百事公司下周公布财报。分析师表示，立即购买该股票。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-07-11 11:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A PepsiCo bull is getting out ahead of the beverage and snack giant’s second-quarter report Tuesday: She’s making a buy recommendation now.</p><p><blockquote>在这家饮料和零食巨头周二发布第二季度报告之前，百事可乐的看涨者即将离场：她现在提出买入建议。</blockquote></p><p> On Friday, Cowen &amp; Co. analyst Vivien Azer reiterated an Outperform rating and $165 price target on PepsiCo (ticker: PEP). She’s modeling for the company to earn $1.51 a share, 2 cents below the average analyst estimate—although she notes that figure could be conservative—and organic revenue growth of 8.6%.</p><p><blockquote>周五，Cowen&amp;Co.分析师Vivien Azer重申了百事可乐（股票代码：PEP）跑赢大盘的评级和165美元的目标价。她预测该公司每股收益为1.51美元，比分析师平均预期低2美分（尽管她指出这个数字可能比较保守），有机收入增长为8.6%。</blockquote></p><p> Azer expects Frito Lay North America’s organic revenue growth to be 4%, and notes the division is holding up well despite difficult year-over-year comparisons when more consumers were snacking at home during Covid-19 restrictions.</p><p><blockquote>Azer预计Frito Lay North America的有机收入增长为4%，并指出，尽管在Covid-19限制期间有更多消费者在家吃零食，但同比比较困难，该部门仍保持良好。</blockquote></p><p> The analyst believes Pepsi’s North American beverage business, by contrast, will see its easiest comparison of the year in the second quarter, and points out that recent data shows it may be pulling ahead of Coca-Cola (KO) in terms of sales growth.</p><p><blockquote>该分析师认为，相比之下，百事可乐的北美饮料业务将在第二季度实现今年最容易的比较，并指出最近的数据显示，百事可乐在销售增长方面可能领先于可口可乐（KO）。</blockquote></p><p> Also, overall Covid-related costs should be down because of a strong vaccine rollout in the U.S., which accounts for nearly two-thirds of Pepsi’s profits. Still, Azer wrote, the lingering pandemic threat in Latin America could be a headwind in that region.</p><p><blockquote>此外，由于美国疫苗的大力推广，与Covid相关的总体成本应该会下降，美国占百事可乐利润的近三分之二。尽管如此，阿泽写道，拉丁美洲挥之不去的流行病威胁可能会成为该地区的阻力。</blockquote></p><p> Other analysts have been&nbsp;optimistic about Pepsi’s earnings&nbsp;as well. A little over half of the 23 tracked by FactSet rate it at Buy or the equivalent, with 43% on the sidelines and one bearish call. The average analyst price target is $156.02.</p><p><blockquote>其他分析师也对百事可乐的盈利持乐观态度。FactSet追踪的23家公司中，略多于一半的公司将其评级为“买入”或同等评级，43%的公司持观望态度，其中一名看涨期权看跌。分析师平均目标价为156.02美元。</blockquote></p><p> Consensus calls for Pepsi to earn $1.53 a share on revenue of $17.97 billion. That’s up from EPS of $1.21 and revenue of $14.82 billion in the&nbsp;previous quarter, reported in April. Pepsi’s EPS hasn’t missed quarterly expectations in the past five years.</p><p><blockquote>评级一致认为百事可乐每股收益1.53美元，营收179.7亿美元。这高于4月份报告的上一季度每股收益1.21美元和营收148.2亿美元。百事可乐的每股收益在过去五年中没有低于季度预期。</blockquote></p><p> Pepsi will host a conference call at 8:15 a.m. Eastern time Tuesday.</p><p><blockquote>百事可乐将于上午8:15举办电话会议。东部时间周二。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/pepsico-reports-earnings-next-week-buy-the-stock-now-analyst-says-51625863176?mod=RTA\">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":{"PEP":"百事可乐"},"source_url":"https://www.barrons.com/articles/pepsico-reports-earnings-next-week-buy-the-stock-now-analyst-says-51625863176?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106289851","content_text":"A PepsiCo bull is getting out ahead of the beverage and snack giant’s second-quarter report Tuesday: She’s making a buy recommendation now.\nOn Friday, Cowen & Co. analyst Vivien Azer reiterated an Outperform rating and $165 price target on PepsiCo (ticker: PEP). She’s modeling for the company to earn $1.51 a share, 2 cents below the average analyst estimate—although she notes that figure could be conservative—and organic revenue growth of 8.6%.\nAzer expects Frito Lay North America’s organic revenue growth to be 4%, and notes the division is holding up well despite difficult year-over-year comparisons when more consumers were snacking at home during Covid-19 restrictions.\nThe analyst believes Pepsi’s North American beverage business, by contrast, will see its easiest comparison of the year in the second quarter, and points out that recent data shows it may be pulling ahead of Coca-Cola (KO) in terms of sales growth.\nAlso, overall Covid-related costs should be down because of a strong vaccine rollout in the U.S., which accounts for nearly two-thirds of Pepsi’s profits. Still, Azer wrote, the lingering pandemic threat in Latin America could be a headwind in that region.\nOther analysts have been optimistic about Pepsi’s earnings as well. A little over half of the 23 tracked by FactSet rate it at Buy or the equivalent, with 43% on the sidelines and one bearish call. The average analyst price target is $156.02.\nConsensus calls for Pepsi to earn $1.53 a share on revenue of $17.97 billion. That’s up from EPS of $1.21 and revenue of $14.82 billion in the previous quarter, reported in April. Pepsi’s EPS hasn’t missed quarterly expectations in the past five years.\nPepsi will host a conference call at 8:15 a.m. Eastern time Tuesday.","news_type":1,"symbols_score_info":{"PEP":0.9}},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172579062,"gmtCreate":1626968551356,"gmtModify":1631891659693,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/172579062","repostId":"1110204064","repostType":4,"repost":{"id":"1110204064","kind":"news","pubTimestamp":1626960065,"share":"https://www.laohu8.com/m/news/1110204064?lang=zh_CN&edition=full","pubTime":"2021-07-22 21:21","market":"us","language":"en","title":"Startup Claims Breakthrough in Long-Duration Batteries<blockquote>初创公司声称在长效电池方面取得突破</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1110204064","media":"The Wall Street Journal","summary":"Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power g","content":"<p>  <b>Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.</b>  A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron.</p><p><blockquote><b>Form Energy的铁空气电池可能会对电网储存电力产生重大影响。</b>一家成立四年的初创公司表示，它已经制造出一种廉价电池，可以使用地球上最常见的元素之一：铁来放电数天。</blockquote></p><p> Form Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn’t shining and wind isn’t blowing.</p><p><blockquote>Form Energy Inc.的电池对于电动汽车来说太重了。但它表示，他们将能够解决可再生能源面临的最难以捉摸的问题之一：在没有阳光和风的情况下，廉价地将大量电力储存到电网。</blockquote></p><p> The work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.</p><p><blockquote>马萨诸塞州萨默维尔的工作。该公司长期以来一直笼罩在保密和保密协议中。该公司最近与《华尔街日报》分享了其进展，称希望让监管机构和公用事业公司意识到，如果一切继续按计划进行，到2025年，其铁空气电池将能够实现负担得起的长期电力存储。</blockquote></p><p> Its backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founderJeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giantArcelorMittalSA,MT4.27%one of the world’s leading iron-ore producers.</p><p><blockquote>其支持者包括气候投资基金Breakthrough Energy Ventures，其投资者包括微软公司联合创始人比尔·盖茨和亚马逊公司创始人杰夫·贝索斯。Form最近发起了一轮2亿美元的融资，由全球领先的铁矿石生产商之一炼钢巨头安塔洛米塔尔SA（MT4.27%）的战略投资领投。</blockquote></p><p> Form is preparing to soon be in production of the “kind of battery you need to fully retire thermal assets like coal andnatural gas” power plants, said the company’s chief executive, Mateo Jaramillo, who developed Tesla Inc.’s Powerwall battery and worked on some of its earliest automotive powertrains.</p><p><blockquote>Form首席执行官Mateo Jaramillo表示，Form正准备很快生产“完全淘汰煤炭和天然气等热资产所需的电池”发电厂。Mateo Jaramillo开发了特斯拉公司的Powerwall电池，并致力于开发一些最早的汽车动力系统。</blockquote></p><p> On a recent tour of Form’s windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in therapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.</p><p><blockquote>在最近参观Form的无窗实验室时，Jaramillo先生指着装满低成本铁颗粒的桶，认为这是其在治疗性进化电池领域的关键优势。它的原型电池绰号“大吉姆”，充满了18,000块鹅卵石大小的灰色铁，这是一种丰富、无毒且不易燃的矿物质。</blockquote></p><p> For alithium-ion battery cell, the workhorse of electric vehicles and today’s grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts.</p><p><blockquote>分析师表示，对于电动汽车和当今电网规模电池的主力锂离子电池来说，目前使用的镍、钴、锂和锰矿物的存储成本在每千瓦时50至80美元之间。</blockquote></p><p> Using iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants.</p><p><blockquote>Form认为，使用铁，每千瓦时存储每个电池的材料成本将不到6美元。将这些电池组装成一个完整的电池系统将使价格提高到每千瓦时20美元以下，学者们表示，可再生能源加存储可以完全取代传统的化石燃料燃烧发电厂。</blockquote></p><p> A battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.</p><p><blockquote>由于它解决的问题和创造的潜在市场，能够连续几天廉价放电的电池一直是能源行业的圣杯。</blockquote></p><p> Regulators and power companies are under growing pressure to deliver affordable, reliable and carbon-free electricity, as countries world-wide seek to reduce the greenhouse-gas emissions linked to climate change. Most electricity generation delivers two out of three. A long-duration battery could enable renewable energy—wind and solar—to deliver all three.</p><p><blockquote>随着世界各国寻求减少与气候变化相关的温室气体排放，监管机构和电力公司面临着越来越大的压力，要求他们提供负担得起、可靠和无碳的电力。大多数发电量提供三分之二。长效电池可以使可再生能源——风能和太阳能——能够提供这三种能源。</blockquote></p><p> The Biden administration is pushing for a carbon-free power grid in the U.S. by 2035, and several states and electric utilities have similar pledges. There is widespread agreement that a combination of wind, solar, geothermal and nuclear power mixed with short-duration lithium-ion batteries can generate 80% of electricity. The final 20% will require some type of multiday storage.</p><p><blockquote>拜登政府正在推动到2035年在美国实现无碳电网，几个州和电力公司也做出了类似的承诺。人们普遍认为，风能、太阳能、地热能和核能的组合与短期锂离子电池混合可以产生80%的电力。最后的20%将需要某种类型的多日存储。</blockquote></p><p> “That first 80% we know the technology pathway, and it is already cost competitive,” said Jeremiah Baumann, deputy chief of staff at the Energy Department. “We have a good sense of the technology for the final piece. The real question is which technology is going to get its cost down and get into the marketplace.”</p><p><blockquote>能源部副参谋长杰里迈亚·鲍曼(Jeremiah Baumann)表示：“我们了解前80%的技术途径，而且它已经具有成本竞争力。”“我们对最终产品的技术有很好的了解。真正的问题是哪种技术将降低成本并进入市场。”</blockquote></p><p> Form’s battery will compete with numerous other approaches in what is becoming a crowded space, as an array of startups race to develop more advanced, cost-effective energy-storage techniques.</p><p><blockquote>随着一系列初创公司竞相开发更先进、更具成本效益的储能技术，Form的电池将在日益拥挤的空间中与众多其他方法竞争。</blockquote></p><p> Several companies are heading to market with different battery configurations, such as solid-state designs. Some think pumped water storage or compressed air can be used more widely to bank energy. The European Union is pushing the use of hydrogen to store and generate power.</p><p><blockquote>几家公司正在向市场推出不同的电池配置，例如固态设计。一些人认为抽水蓄能或压缩空气可以更广泛地用于储存能源。欧盟正在推动使用氢气来储存和发电。</blockquote></p><p> Others, meanwhile, are focusing on carbon-capture technology to make gas- and coal-fired power plants emission-free, which would reduce the need for storing energy.</p><p><blockquote>与此同时，其他人则专注于碳捕获技术，以使燃气和燃煤发电厂实现零排放，这将减少储存能源的需求。</blockquote></p><p> Form Energy’s iron-air battery breathes in oxygen and converts iron to rust, then turns the rust back into iron and breathes out oxygen, discharging and charging the battery in the process.</p><p><blockquote>Form Energy的铁空气电池吸入氧气，将铁转化为铁锈，然后将铁锈变回铁并呼出氧气，在此过程中对电池进行放电和充电。</blockquote></p><p> “There is a Cambrian explosion of new storage technologies and in a Darwinian sense, they are not all going to survive. But the prize is huge both for investors and for society,” says Ramez Naam, a clean-energy investor who isn’t involved with Form Energy.</p><p><blockquote>“新存储技术在寒武纪出现了爆炸式增长，从达尔文的意义上来说，它们并不都能生存下来。但对投资者和社会来说，回报都是巨大的，”清洁能源投资者拉梅兹·纳姆(Ramez Naam)表示，他不参与Form Energy。</blockquote></p><p></p><p> Previous high-profile effortsto develop better batterieshave arced from hope and hype to bankruptcy. But since Form was created in 2017, it has attracted speculation and intrigue within the industry due to the track records of its founders. They include Mr. Jaramillo and Yet-Ming Chiang, a professor at the Massachusetts Institute of Technology who co-founded A123 Systems Inc., a lithium-battery pioneer.</p><p><blockquote>之前开发更好电池的高调努力已经从希望和炒作走向破产。但自2017年Form创建以来，由于其创始人的业绩记录，它吸引了业内的猜测和阴谋。其中包括Jaramillo先生和麻省理工学院教授Yet-Ming Chiang，后者共同创立了锂电池先驱A123 Systems Inc.。</blockquote></p><p> Mr. Jaramillo earned degrees in economics and a master’s degree from the Yale Divinity School before switching to a career developing new batteries. After more than seven years at Tesla, he left in 2016 to pursue what he called “The Next Thing” on his LinkedIn page. He didn’t provide any details, but he wanted to build an inexpensive battery for the grid. He was close to signing a funding sheet for a new company when Mr. Chiang called him.</p><p><blockquote>Jaramillo先生在转向开发新型电池之前，获得了耶鲁神学院的经济学学位和硕士学位。在特斯拉工作了七年多后，他于2016年离开，去追求他在LinkedIn页面上所谓的“下一件事”。他没有提供任何细节，但他想为电网制造一种廉价的电池。当蒋先生打电话给他时，他正要签署一家新公司的融资单。</blockquote></p><p> Mr. Chiang arrived at MIT as an undergraduate and joined the faculty less than a decade later. He started working on a long-duration battery in 2012 as part of a Energy Department collaboration. In 2017, he was also working on long-duration batteries and he and Mr. Jaramillo decided to together create Form Energy.</p><p><blockquote>蒋先生作为本科生来到麻省理工学院，不到十年后就加入了学院。作为能源部合作的一部分，他于2012年开始研究长效电池。2017年，他还在研究长效电池，他和Jaramillo先生决定共同创造Form Energy。</blockquote></p><p> They recruited other battery-industry veterans. “The founding team has 100 years of battery experience,” says Mr. Chiang. “We’re the alumni of a generation of failed battery companies who all came back for more.”</p><p><blockquote>他们招募了其他电池行业的资深人士。“创始团队拥有100年的电池经验，”蒋先生说。“我们是一代失败电池公司的校友，他们都回来寻求更多。”</blockquote></p><p> In early 2018, they began small-scale tests, the Ph.D. material scientist’s version of a middle-school science fair’s potato battery, using small pieces of metal wrapped in hardware-store hose clamps at the bottom of translucent measuring cups. Form tested different configurations: sulfur-iron, sulfur-air, sulfur-manganese and iron-air. By the end of the year, iron-air looked the most promising.</p><p><blockquote>2018年初，他们开始小规模测试，博士。材料科学家版本的中学科学展的土豆电池，使用包裹在半透明量杯底部五金店软管夹中的小金属片。形式测试了不同的配置：硫-铁、硫-空气、硫-锰和铁-空气。到年底，铁空气看起来最有前途。</blockquote></p><p> In 2020, as work was moving quickly, Form caught a break. It needed a critical battery component called a cathode that was impermeable to water but breathed oxygen, like a Gore-Tex jacket. An Arizona battery company, NantEnergy Inc., had spent a decade building such a membrane for a zinc-air battery. Owner Patrick Soon-Shiong, a billionaire biotechnology entrepreneur who owns the Los Angeles Times, wound down operations last year to focus on other investments.</p><p><blockquote>2020年，随着工作进展迅速，Form得到了休息。它需要一种关键的电池组件，称为阴极，它不透水，但可以呼吸氧气，就像Gore-Tex夹克一样。亚利桑那州的一家电池公司NantEnergy Inc.花了十年时间为锌空气电池制造了这样一种薄膜。老板帕特里克·顺雄(Patrick Soon-Shiong)是一位亿万富翁生物技术企业家，拥有《洛杉矶时报》，他去年关闭了业务，专注于其他投资。</blockquote></p><p> Form bought its patents as well as its inventory of thousands of cathodes, which sit in cardboard boxes in a corner of the company’s building. “Having this piece nailed down allowed us to hit the accelerator,” said Mr. Jaramillo.</p><p><blockquote>Form购买了其专利以及数千个阴极的库存，这些阴极存放在公司大楼一角的纸箱中。哈拉米略先生说：“把这块钉牢后，我们就可以加速了。”</blockquote></p><p> Late last summer, Form built a one-meter-tall (roughly 3.3-foot-tall) battery it called Slim Jim because it had the dimensions of a trash can of the same name. Earlier this year, it built Big Jim, a full-scale one-meter-by-one-meter battery cell. If it works as expected, 20 of these cells will be grouped in a battery. Thousands of these batteries will be strung together, filling entire warehouses and storing weeks’ worth of electricity. It could take days to fully charge these battery systems, but the batteries can discharge electricity for 150 hours at a stretch.</p><p><blockquote>去年夏末，Form制造了一个一米高（约3.3英尺高）的电池，并将其命名为Slim Jim，因为它的尺寸相当于同名垃圾桶。今年早些时候，它制造了Big Jim，这是一个一米乘一米的全尺寸电池。如果它按预期工作，20个这样的电池将被组合成一个电池。数千个这样的电池将串在一起，填满整个仓库并储存数周的电力。这些电池系统充满电可能需要几天时间，但电池可以连续放电150小时。</blockquote></p><p> In 2023, Form plans to deploy a one-megawatt battery capable of discharging continuously for more than six days and says it is in talks with several utilities about battery deployments.</p><p><blockquote>2023年，Form计划部署一种能够连续放电六天以上的一兆瓦电池，并表示正在与几家公用事业公司就电池部署进行谈判。</blockquote></p><p> Mr. Chiang, who is the company’s chief science officer, said the challenge was to figure out how to make a battery using iron, air and a water-based electrolyte.</p><p><blockquote>该公司首席科学官蒋先生表示，面临的挑战是找出如何使用铁、空气和水基电解质制造电池。</blockquote></p><p> “Chefs will tell you it is harder to make an excellent dish with common ingredients,” he said.</p><p><blockquote>“厨师会告诉你，用普通食材做出一道美味的菜肴更加困难，”他说。</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>Startup Claims Breakthrough in Long-Duration Batteries<blockquote>初创公司声称在长效电池方面取得突破</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\">\nStartup Claims Breakthrough in Long-Duration Batteries<blockquote>初创公司声称在长效电池方面取得突破</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-07-22 21:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.</b>  A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron.</p><p><blockquote><b>Form Energy的铁空气电池可能会对电网储存电力产生重大影响。</b>一家成立四年的初创公司表示，它已经制造出一种廉价电池，可以使用地球上最常见的元素之一：铁来放电数天。</blockquote></p><p> Form Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn’t shining and wind isn’t blowing.</p><p><blockquote>Form Energy Inc.的电池对于电动汽车来说太重了。但它表示，他们将能够解决可再生能源面临的最难以捉摸的问题之一：在没有阳光和风的情况下，廉价地将大量电力储存到电网。</blockquote></p><p> The work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.</p><p><blockquote>马萨诸塞州萨默维尔的工作。该公司长期以来一直笼罩在保密和保密协议中。该公司最近与《华尔街日报》分享了其进展，称希望让监管机构和公用事业公司意识到，如果一切继续按计划进行，到2025年，其铁空气电池将能够实现负担得起的长期电力存储。</blockquote></p><p> Its backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founderJeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giantArcelorMittalSA,MT4.27%one of the world’s leading iron-ore producers.</p><p><blockquote>其支持者包括气候投资基金Breakthrough Energy Ventures，其投资者包括微软公司联合创始人比尔·盖茨和亚马逊公司创始人杰夫·贝索斯。Form最近发起了一轮2亿美元的融资，由全球领先的铁矿石生产商之一炼钢巨头安塔洛米塔尔SA（MT4.27%）的战略投资领投。</blockquote></p><p> Form is preparing to soon be in production of the “kind of battery you need to fully retire thermal assets like coal andnatural gas” power plants, said the company’s chief executive, Mateo Jaramillo, who developed Tesla Inc.’s Powerwall battery and worked on some of its earliest automotive powertrains.</p><p><blockquote>Form首席执行官Mateo Jaramillo表示，Form正准备很快生产“完全淘汰煤炭和天然气等热资产所需的电池”发电厂。Mateo Jaramillo开发了特斯拉公司的Powerwall电池，并致力于开发一些最早的汽车动力系统。</blockquote></p><p> On a recent tour of Form’s windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in therapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.</p><p><blockquote>在最近参观Form的无窗实验室时，Jaramillo先生指着装满低成本铁颗粒的桶，认为这是其在治疗性进化电池领域的关键优势。它的原型电池绰号“大吉姆”，充满了18,000块鹅卵石大小的灰色铁，这是一种丰富、无毒且不易燃的矿物质。</blockquote></p><p> For alithium-ion battery cell, the workhorse of electric vehicles and today’s grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts.</p><p><blockquote>分析师表示，对于电动汽车和当今电网规模电池的主力锂离子电池来说，目前使用的镍、钴、锂和锰矿物的存储成本在每千瓦时50至80美元之间。</blockquote></p><p> Using iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants.</p><p><blockquote>Form认为，使用铁，每千瓦时存储每个电池的材料成本将不到6美元。将这些电池组装成一个完整的电池系统将使价格提高到每千瓦时20美元以下，学者们表示，可再生能源加存储可以完全取代传统的化石燃料燃烧发电厂。</blockquote></p><p> A battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.</p><p><blockquote>由于它解决的问题和创造的潜在市场，能够连续几天廉价放电的电池一直是能源行业的圣杯。</blockquote></p><p> Regulators and power companies are under growing pressure to deliver affordable, reliable and carbon-free electricity, as countries world-wide seek to reduce the greenhouse-gas emissions linked to climate change. Most electricity generation delivers two out of three. A long-duration battery could enable renewable energy—wind and solar—to deliver all three.</p><p><blockquote>随着世界各国寻求减少与气候变化相关的温室气体排放，监管机构和电力公司面临着越来越大的压力，要求他们提供负担得起、可靠和无碳的电力。大多数发电量提供三分之二。长效电池可以使可再生能源——风能和太阳能——能够提供这三种能源。</blockquote></p><p> The Biden administration is pushing for a carbon-free power grid in the U.S. by 2035, and several states and electric utilities have similar pledges. There is widespread agreement that a combination of wind, solar, geothermal and nuclear power mixed with short-duration lithium-ion batteries can generate 80% of electricity. The final 20% will require some type of multiday storage.</p><p><blockquote>拜登政府正在推动到2035年在美国实现无碳电网，几个州和电力公司也做出了类似的承诺。人们普遍认为，风能、太阳能、地热能和核能的组合与短期锂离子电池混合可以产生80%的电力。最后的20%将需要某种类型的多日存储。</blockquote></p><p> “That first 80% we know the technology pathway, and it is already cost competitive,” said Jeremiah Baumann, deputy chief of staff at the Energy Department. “We have a good sense of the technology for the final piece. The real question is which technology is going to get its cost down and get into the marketplace.”</p><p><blockquote>能源部副参谋长杰里迈亚·鲍曼(Jeremiah Baumann)表示：“我们了解前80%的技术途径，而且它已经具有成本竞争力。”“我们对最终产品的技术有很好的了解。真正的问题是哪种技术将降低成本并进入市场。”</blockquote></p><p> Form’s battery will compete with numerous other approaches in what is becoming a crowded space, as an array of startups race to develop more advanced, cost-effective energy-storage techniques.</p><p><blockquote>随着一系列初创公司竞相开发更先进、更具成本效益的储能技术，Form的电池将在日益拥挤的空间中与众多其他方法竞争。</blockquote></p><p> Several companies are heading to market with different battery configurations, such as solid-state designs. Some think pumped water storage or compressed air can be used more widely to bank energy. The European Union is pushing the use of hydrogen to store and generate power.</p><p><blockquote>几家公司正在向市场推出不同的电池配置，例如固态设计。一些人认为抽水蓄能或压缩空气可以更广泛地用于储存能源。欧盟正在推动使用氢气来储存和发电。</blockquote></p><p> Others, meanwhile, are focusing on carbon-capture technology to make gas- and coal-fired power plants emission-free, which would reduce the need for storing energy.</p><p><blockquote>与此同时，其他人则专注于碳捕获技术，以使燃气和燃煤发电厂实现零排放，这将减少储存能源的需求。</blockquote></p><p> Form Energy’s iron-air battery breathes in oxygen and converts iron to rust, then turns the rust back into iron and breathes out oxygen, discharging and charging the battery in the process.</p><p><blockquote>Form Energy的铁空气电池吸入氧气，将铁转化为铁锈，然后将铁锈变回铁并呼出氧气，在此过程中对电池进行放电和充电。</blockquote></p><p> “There is a Cambrian explosion of new storage technologies and in a Darwinian sense, they are not all going to survive. But the prize is huge both for investors and for society,” says Ramez Naam, a clean-energy investor who isn’t involved with Form Energy.</p><p><blockquote>“新存储技术在寒武纪出现了爆炸式增长，从达尔文的意义上来说，它们并不都能生存下来。但对投资者和社会来说，回报都是巨大的，”清洁能源投资者拉梅兹·纳姆(Ramez Naam)表示，他不参与Form Energy。</blockquote></p><p></p><p> Previous high-profile effortsto develop better batterieshave arced from hope and hype to bankruptcy. But since Form was created in 2017, it has attracted speculation and intrigue within the industry due to the track records of its founders. They include Mr. Jaramillo and Yet-Ming Chiang, a professor at the Massachusetts Institute of Technology who co-founded A123 Systems Inc., a lithium-battery pioneer.</p><p><blockquote>之前开发更好电池的高调努力已经从希望和炒作走向破产。但自2017年Form创建以来，由于其创始人的业绩记录，它吸引了业内的猜测和阴谋。其中包括Jaramillo先生和麻省理工学院教授Yet-Ming Chiang，后者共同创立了锂电池先驱A123 Systems Inc.。</blockquote></p><p> Mr. Jaramillo earned degrees in economics and a master’s degree from the Yale Divinity School before switching to a career developing new batteries. After more than seven years at Tesla, he left in 2016 to pursue what he called “The Next Thing” on his LinkedIn page. He didn’t provide any details, but he wanted to build an inexpensive battery for the grid. He was close to signing a funding sheet for a new company when Mr. Chiang called him.</p><p><blockquote>Jaramillo先生在转向开发新型电池之前，获得了耶鲁神学院的经济学学位和硕士学位。在特斯拉工作了七年多后，他于2016年离开，去追求他在LinkedIn页面上所谓的“下一件事”。他没有提供任何细节，但他想为电网制造一种廉价的电池。当蒋先生打电话给他时，他正要签署一家新公司的融资单。</blockquote></p><p> Mr. Chiang arrived at MIT as an undergraduate and joined the faculty less than a decade later. He started working on a long-duration battery in 2012 as part of a Energy Department collaboration. In 2017, he was also working on long-duration batteries and he and Mr. Jaramillo decided to together create Form Energy.</p><p><blockquote>蒋先生作为本科生来到麻省理工学院，不到十年后就加入了学院。作为能源部合作的一部分，他于2012年开始研究长效电池。2017年，他还在研究长效电池，他和Jaramillo先生决定共同创造Form Energy。</blockquote></p><p> They recruited other battery-industry veterans. “The founding team has 100 years of battery experience,” says Mr. Chiang. “We’re the alumni of a generation of failed battery companies who all came back for more.”</p><p><blockquote>他们招募了其他电池行业的资深人士。“创始团队拥有100年的电池经验，”蒋先生说。“我们是一代失败电池公司的校友，他们都回来寻求更多。”</blockquote></p><p> In early 2018, they began small-scale tests, the Ph.D. material scientist’s version of a middle-school science fair’s potato battery, using small pieces of metal wrapped in hardware-store hose clamps at the bottom of translucent measuring cups. Form tested different configurations: sulfur-iron, sulfur-air, sulfur-manganese and iron-air. By the end of the year, iron-air looked the most promising.</p><p><blockquote>2018年初，他们开始小规模测试，博士。材料科学家版本的中学科学展的土豆电池，使用包裹在半透明量杯底部五金店软管夹中的小金属片。形式测试了不同的配置：硫-铁、硫-空气、硫-锰和铁-空气。到年底，铁空气看起来最有前途。</blockquote></p><p> In 2020, as work was moving quickly, Form caught a break. It needed a critical battery component called a cathode that was impermeable to water but breathed oxygen, like a Gore-Tex jacket. An Arizona battery company, NantEnergy Inc., had spent a decade building such a membrane for a zinc-air battery. Owner Patrick Soon-Shiong, a billionaire biotechnology entrepreneur who owns the Los Angeles Times, wound down operations last year to focus on other investments.</p><p><blockquote>2020年，随着工作进展迅速，Form得到了休息。它需要一种关键的电池组件，称为阴极，它不透水，但可以呼吸氧气，就像Gore-Tex夹克一样。亚利桑那州的一家电池公司NantEnergy Inc.花了十年时间为锌空气电池制造了这样一种薄膜。老板帕特里克·顺雄(Patrick Soon-Shiong)是一位亿万富翁生物技术企业家，拥有《洛杉矶时报》，他去年关闭了业务，专注于其他投资。</blockquote></p><p> Form bought its patents as well as its inventory of thousands of cathodes, which sit in cardboard boxes in a corner of the company’s building. “Having this piece nailed down allowed us to hit the accelerator,” said Mr. Jaramillo.</p><p><blockquote>Form购买了其专利以及数千个阴极的库存，这些阴极存放在公司大楼一角的纸箱中。哈拉米略先生说：“把这块钉牢后，我们就可以加速了。”</blockquote></p><p> Late last summer, Form built a one-meter-tall (roughly 3.3-foot-tall) battery it called Slim Jim because it had the dimensions of a trash can of the same name. Earlier this year, it built Big Jim, a full-scale one-meter-by-one-meter battery cell. If it works as expected, 20 of these cells will be grouped in a battery. Thousands of these batteries will be strung together, filling entire warehouses and storing weeks’ worth of electricity. It could take days to fully charge these battery systems, but the batteries can discharge electricity for 150 hours at a stretch.</p><p><blockquote>去年夏末，Form制造了一个一米高（约3.3英尺高）的电池，并将其命名为Slim Jim，因为它的尺寸相当于同名垃圾桶。今年早些时候，它制造了Big Jim，这是一个一米乘一米的全尺寸电池。如果它按预期工作，20个这样的电池将被组合成一个电池。数千个这样的电池将串在一起，填满整个仓库并储存数周的电力。这些电池系统充满电可能需要几天时间，但电池可以连续放电150小时。</blockquote></p><p> In 2023, Form plans to deploy a one-megawatt battery capable of discharging continuously for more than six days and says it is in talks with several utilities about battery deployments.</p><p><blockquote>2023年，Form计划部署一种能够连续放电六天以上的一兆瓦电池，并表示正在与几家公用事业公司就电池部署进行谈判。</blockquote></p><p> Mr. Chiang, who is the company’s chief science officer, said the challenge was to figure out how to make a battery using iron, air and a water-based electrolyte.</p><p><blockquote>该公司首席科学官蒋先生表示，面临的挑战是找出如何使用铁、空气和水基电解质制造电池。</blockquote></p><p> “Chefs will tell you it is harder to make an excellent dish with common ingredients,” he said.</p><p><blockquote>“厨师会告诉你，用普通食材做出一道美味的菜肴更加困难，”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/startup-claims-breakthrough-in-long-duration-batteries-11626946330?mod=hp_lead_pos7\">The Wall Street Journal</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":{},"source_url":"https://www.wsj.com/articles/startup-claims-breakthrough-in-long-duration-batteries-11626946330?mod=hp_lead_pos7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110204064","content_text":"Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid.\n\nA four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron.\nForm Energy Inc.’s batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn’t shining and wind isn’t blowing.\nThe work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.\nIts backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founderJeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giantArcelorMittalSA,MT4.27%one of the world’s leading iron-ore producers.\nForm is preparing to soon be in production of the “kind of battery you need to fully retire thermal assets like coal andnatural gas” power plants, said the company’s chief executive, Mateo Jaramillo, who developed Tesla Inc.’s Powerwall battery and worked on some of its earliest automotive powertrains.\nOn a recent tour of Form’s windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in therapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.\nFor alithium-ion battery cell, the workhorse of electric vehicles and today’s grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts.\nUsing iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants.\nA battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.\nRegulators and power companies are under growing pressure to deliver affordable, reliable and carbon-free electricity, as countries world-wide seek to reduce the greenhouse-gas emissions linked to climate change. Most electricity generation delivers two out of three. A long-duration battery could enable renewable energy—wind and solar—to deliver all three.\nThe Biden administration is pushing for a carbon-free power grid in the U.S. by 2035, and several states and electric utilities have similar pledges. There is widespread agreement that a combination of wind, solar, geothermal and nuclear power mixed with short-duration lithium-ion batteries can generate 80% of electricity. The final 20% will require some type of multiday storage.\n“That first 80% we know the technology pathway, and it is already cost competitive,” said Jeremiah Baumann, deputy chief of staff at the Energy Department. “We have a good sense of the technology for the final piece. The real question is which technology is going to get its cost down and get into the marketplace.”\nForm’s battery will compete with numerous other approaches in what is becoming a crowded space, as an array of startups race to develop more advanced, cost-effective energy-storage techniques.\nSeveral companies are heading to market with different battery configurations, such as solid-state designs. Some think pumped water storage or compressed air can be used more widely to bank energy. The European Union is pushing the use of hydrogen to store and generate power.\nOthers, meanwhile, are focusing on carbon-capture technology to make gas- and coal-fired power plants emission-free, which would reduce the need for storing energy.\nForm Energy’s iron-air battery breathes in oxygen and converts iron to rust, then turns the rust back into iron and breathes out oxygen, discharging and charging the battery in the process.\n“There is a Cambrian explosion of new storage technologies and in a Darwinian sense, they are not all going to survive. But the prize is huge both for investors and for society,” says Ramez Naam, a clean-energy investor who isn’t involved with Form Energy.\nPrevious high-profile effortsto develop better batterieshave arced from hope and hype to bankruptcy. But since Form was created in 2017, it has attracted speculation and intrigue within the industry due to the track records of its founders. They include Mr. Jaramillo and Yet-Ming Chiang, a professor at the Massachusetts Institute of Technology who co-founded A123 Systems Inc., a lithium-battery pioneer.\nMr. Jaramillo earned degrees in economics and a master’s degree from the Yale Divinity School before switching to a career developing new batteries. After more than seven years at Tesla, he left in 2016 to pursue what he called “The Next Thing” on his LinkedIn page. He didn’t provide any details, but he wanted to build an inexpensive battery for the grid. He was close to signing a funding sheet for a new company when Mr. Chiang called him.\nMr. Chiang arrived at MIT as an undergraduate and joined the faculty less than a decade later. He started working on a long-duration battery in 2012 as part of a Energy Department collaboration. In 2017, he was also working on long-duration batteries and he and Mr. Jaramillo decided to together create Form Energy.\nThey recruited other battery-industry veterans. “The founding team has 100 years of battery experience,” says Mr. Chiang. “We’re the alumni of a generation of failed battery companies who all came back for more.”\nIn early 2018, they began small-scale tests, the Ph.D. material scientist’s version of a middle-school science fair’s potato battery, using small pieces of metal wrapped in hardware-store hose clamps at the bottom of translucent measuring cups. Form tested different configurations: sulfur-iron, sulfur-air, sulfur-manganese and iron-air. By the end of the year, iron-air looked the most promising.\nIn 2020, as work was moving quickly, Form caught a break. It needed a critical battery component called a cathode that was impermeable to water but breathed oxygen, like a Gore-Tex jacket. An Arizona battery company, NantEnergy Inc., had spent a decade building such a membrane for a zinc-air battery. Owner Patrick Soon-Shiong, a billionaire biotechnology entrepreneur who owns the Los Angeles Times, wound down operations last year to focus on other investments.\nForm bought its patents as well as its inventory of thousands of cathodes, which sit in cardboard boxes in a corner of the company’s building. “Having this piece nailed down allowed us to hit the accelerator,” said Mr. Jaramillo.\nLate last summer, Form built a one-meter-tall (roughly 3.3-foot-tall) battery it called Slim Jim because it had the dimensions of a trash can of the same name. Earlier this year, it built Big Jim, a full-scale one-meter-by-one-meter battery cell. If it works as expected, 20 of these cells will be grouped in a battery. Thousands of these batteries will be strung together, filling entire warehouses and storing weeks’ worth of electricity. It could take days to fully charge these battery systems, but the batteries can discharge electricity for 150 hours at a stretch.\nIn 2023, Form plans to deploy a one-megawatt battery capable of discharging continuously for more than six days and says it is in talks with several utilities about battery deployments.\nMr. Chiang, who is the company’s chief science officer, said the challenge was to figure out how to make a battery using iron, air and a water-based electrolyte.\n“Chefs will tell you it is harder to make an excellent dish with common ingredients,” he said.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":823673709,"gmtCreate":1633621148871,"gmtModify":1633621149127,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and 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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/802107712","repostId":"2155001152","repostType":4,"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176613164,"gmtCreate":1626879467758,"gmtModify":1631891659717,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/176613164","repostId":"1148130964","repostType":4,"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832055594,"gmtCreate":1629548248118,"gmtModify":1631889650098,"author":{"id":"3578134126413921","authorId":"3578134126413921","name":"小红盛虎","avatar":"https://static.tigerbbs.com/043a9a9162274702cb29e8fbef057493","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578134126413921","authorIdStr":"3578134126413921"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/832055594","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://www.laohu8.com/m/news/1107075259?lang=zh_CN&edition=full","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>","source":"market_watch","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>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</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; 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}\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\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla<blockquote>忽略Elon Musk跳舞的干扰，面对特斯拉未来的危险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-08-21 09:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>  <a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p><p><blockquote><b>对自动驾驶系统的调查以及这家电动汽车公司及其首席执行官就此发表的声明比他们最新的异想天开的技术愿望和时间表更值得关注。</b><a href=\"https://laohu8.com/S/ISBC\">投资者</a>应该忽略Elon Musk的最新舞蹈，而是关注特斯拉因首席执行官夸大其公司技术能力而面临的日益严重的问题。</blockquote></p><p> At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p><p><blockquote>在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>周四晚些时候，自称Technoking Musk的马斯克表示，该公司正在开发一款人形机器人，因为“特斯拉可以说是世界上最大的机器人公司，因为我们的汽车就像轮子上的半感知机器人。”</blockquote></p><p> After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p><p><blockquote>在一名身穿白色西装的人类为观众和直播中的信徒跳了一支简短的舞蹈后，马斯克走上舞台，只展示了一个5英尺8英寸的人形机器人的计算机生成图像，马斯克声称特斯拉将在明年的某个时候生产出一个原型。他推断它可以用于制造或无聊的重复性任务，例如杂货店购物，并且将配备全自动驾驶计算机。</blockquote></p><p> As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p><p><blockquote>和马斯克和特斯拉一样，对于任何对相关技术有基本了解的人来说，时间表都是非常值得怀疑的。幸运的是，这些滑稽动作并没有愚弄华尔街的所有人，其中一些人可能已经厌倦了他的恶作剧。</blockquote></p><p> “Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p><p><blockquote>“不幸的是，正如我们在机器人出租车和马斯克未来的其他科幻项目中所看到的那样，我们认为这款特斯拉机器人绝对令人挠头，在华尔街对电动汽车竞争和安全日益担忧之际，它将进一步激怒投资者。特斯拉的问题，”韦德布什证券分析师Dan Ives在周五早些时候给客户的一份报告中表示。</blockquote></p><p> The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p><p><blockquote>艾夫斯提到的安全问题是投资者现在应该关注的问题，因为政府似乎终于站出来并注意到本专栏长期以来指出的一个问题：马斯克一再高估其汽车自动驾驶先进技术的当前和近期潜力。</blockquote></p><p> <a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p><p><blockquote><a href=\"https://laohu8.com/S/JE\">刚刚</a>在周四“人工智能日”奇观的前一天，两名美国参议员要求联邦贸易委员会调查特斯拉和马斯克在特斯拉“全自动驾驶”产品营销方面“一再夸大其车辆功能”的行为。特斯拉对远未完全自动驾驶的软件在购买时收取数千美元（或每月低至100美元）的费用，这种做法已经导致加州机动车辆管理局最近进行审查，德国裁定特斯拉不能销售该产品本身。</blockquote></p><p> “Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p><p><blockquote>“语言很重要，”塞利卡·塔尔博特(Selika Talbott)说。<a href=\"https://laohu8.com/S/AFG\">美国的</a>大学在<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>直流电。“这个术语的使用是错误的、误导性的，对公众来说是不安全的。辅助驾驶和自动驾驶汽车的概念及其区别并没有被公众完全理解。”</blockquote></p><p> “Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p><p><blockquote>塔尔博特说：“特斯拉在他们的车辆中配备了高度辅助技术，但任何驾驶人员都不应该认为车辆可以自动驾驶，因为它不能。”</blockquote></p><p> The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p><p><blockquote>本周伊始，有消息称，使用该功能的汽车撞上了停下来的紧急车辆，联邦政府对特斯拉的自动驾驶系统进行了调查。<a href=\"https://laohu8.com/S/NHLD\">国家的</a><a href=\"https://laohu8.com/S/HIHO\">公路</a>交通安全管理局正在调查一系列启用了高级驾驶员辅助系统的特斯拉汽车发生的撞车事故。NHTSA表示，已对11起涉及紧急车辆的特斯拉事故展开调查，同时仍在调查一系列涉及启用紧急车辆的汽车的碰撞事故<a href=\"https://laohu8.com/S/AEIS\">先进的</a>驾驶员辅助系统（ADAS）和牵引车拖车。</blockquote></p><p> The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p><p><blockquote>国会大厦的最新抗议<a href=\"https://laohu8.com/S/HIL\">山丘</a>关注一系列新闻报道和/或社交媒体帖子和YouTube视频，这些视频显示司机在测试特斯拉的所谓自动驾驶功能时做出了极其危险的行为。今年5月，加利福尼亚州丰塔纳市35岁的两个孩子的父亲Steven Michael Hendrickson在他的特斯拉撞上一辆翻倒的半挂卡车时死亡。早些时候，他发布了在高速公路上双手不放在方向盘上驾驶的视频，但NHTSA仍在调查自动驾驶仪在事故中的作用。</blockquote></p><p> “The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p><p><blockquote>“特斯拉正在生产的车辆是驾驶辅助系统，”麻省理工学院运输和物流中心的研究科学家布莱恩·赖默说。“他们在协助司机，司机需要保持警惕。”</blockquote></p><p></p><p> It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p><p><blockquote>值得注意的是，特斯拉具有误导性名称的双产品之间的差异。“Autopilot”是一种ADAS系统，是一种高度先进的巡航控制版本，适用于高速公路驾驶，使“您的汽车能够在您的主动监督下在车道内自动转向、加速和制动，协助驾驶中最繁重的部分”。特斯拉的网站。特斯拉还提供“FSD”套餐，现在每月订阅费用为99至199美元，其将其描述为“访问一套更先进的驾驶员辅助功能，旨在在您的主动监督下提供更主动的指导和辅助驾驶。”</blockquote></p><p> If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p><p><blockquote>要是马斯克用和官网类似的方式描述这些系统就好了。在评级分析师会议上以及特斯拉向其粉丝群进行的长达数小时的演示中，马斯克一直宣称，有了这款软件，完全自主指日可待。</blockquote></p><p> “We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p><p><blockquote>“我们基本上必须解决现实世界的视觉人工智能，我们确实做到了，”他在4月份的财报看涨期权上表示。“解决这个问题的关键还在于拥有一些大规模的数据集。所以只要有足够的数据集<a href=\"https://laohu8.com/S/AONE.U\">一</a>道路上有数百万辆汽车正在收集数据……但我非常有信心我们能够完成这项工作。”</blockquote></p><p> But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p><p><blockquote>但尽管马斯克夸夸其谈，拥有庞大的粉丝群，但投资者开始注意到，与其他正在测试自动驾驶汽车的公司相比，该公司涉及全自动驾驶技术的策略是危险的。</blockquote></p><p> For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p><p><blockquote>例如，<a href=\"https://laohu8.com/S/GOOG\">Alphabet</a>Inc.旗下的GOOGGOOGLWaymo是自动驾驶汽车时间最长的公司，目前正在亚利桑那州凤凰城周围人口不稠密的地区运营小规模机器人出租车服务，没有人类司机。这是美国唯一一家此类公司。在加利福尼亚州，Waymo获得了DMV的许可，可以在人类驾驶员驾驶的情况下进行AV测试。</blockquote></p><p> “Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p><p><blockquote>“Waymo不能开始向任何人出售他们的自动驾驶汽车，他们也不能只是在道路上驾驶它们，我们的监管体系不允许这样做，”<a href=\"https://laohu8.com/S/AMSWA\">美国的</a>大学表示。“你可以测试它们，但市场上没有公开的自动驾驶汽车可供购买，因为它不存在。”</blockquote></p><p> With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p><p><blockquote>随着FSD测试在现实世界中由未经训练的驾驶员进行，特斯拉正在进行相当于新药临床试验的试验，而无需对患者进行任何专业的每小时或每天监测。</blockquote></p><p> “They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p><p><blockquote>“他们称之为测试版，这是一个测试版系统，他们让人们面临重大风险，”赖默说。</blockquote></p><p> Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p><p><blockquote>马斯克的最新机器人是另一个干扰，就像他的Boring Company在2018年出售的火焰喷射器、他试图帮助被困在泰国洞穴中的男孩的不必要的帮助以及其他项目一样。投资者不应该让这些干扰妨碍马斯克似乎拒绝承认的真正问题，因为他继续夸大公司的技术能力。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}