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SilverAmour
SilverAmour
·
2021-12-14
Alot of passengers taken for a ride? 🤔
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SilverAmour
SilverAmour
·
2021-11-05
Not surprised 🤔
Tesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.<blockquote>分析师表示,特斯拉股票被高估了1万亿美元。我们看了数学。</blockquote>
Tesla‘s market capitalization recently moved well past $1 trillion, but the independent investment-r
Tesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.<blockquote>分析师表示,特斯拉股票被高估了1万亿美元。我们看了数学。</blockquote>
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SilverAmour
SilverAmour
·
2021-10-13
There are still alot of opportunities for growth...
Sea Limited stock surged 4% in morning trading<blockquote>Sea Limited股价早盘飙升4%</blockquote>
Sea Limited stock surged 4% in morning trading. The worldwide e-commerce market reports sales could
Sea Limited stock surged 4% in morning trading<blockquote>Sea Limited股价早盘飙升4%</blockquote>
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SilverAmour
SilverAmour
·
2021-09-21
Seems like some dark clouds on the horizon...do we ride it out or do we release the pressure and wait? 🤔😎
Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>
The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all
Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>
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SilverAmour
SilverAmour
·
2021-09-09
It's in the driver's seat.. 🚀
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SilverAmour
SilverAmour
·
2021-09-07
Probably in need of a catalyst to 🚀
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SilverAmour
SilverAmour
·
2021-09-03
Strengthening their lead...🚀
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SilverAmour
SilverAmour
·
2021-09-01
Support Nio! 🚀
Nio shares fell more than 3% in premarket trading<blockquote>蔚来股价在盘前交易中下跌超过3%</blockquote>
Nio shares fell more than 3% in premarket trading. NIO delivered 5,880 vehicles in August 2021, repr
Nio shares fell more than 3% in premarket trading<blockquote>蔚来股价在盘前交易中下跌超过3%</blockquote>
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SilverAmour
SilverAmour
·
2021-08-27
Bright future 💪🏼😎
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SilverAmour
SilverAmour
·
2021-08-26
Think longer term...😎
Nio expects to cruise right around supply chain issues to stay on its growth track<blockquote>蔚来预计将解决供应链问题,以保持增长轨道</blockquote>
Bank of America remains constructive on NIO Inc. after meeting with management earlier today on some
Nio expects to cruise right around supply chain issues to stay on its growth track<blockquote>蔚来预计将解决供应链问题,以保持增长轨道</blockquote>
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🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846724824","repostId":"1180620689","repostType":4,"repost":{"id":"1180620689","kind":"news","pubTimestamp":1636112077,"share":"https://www.laohu8.com/m/news/1180620689?lang=zh_CN&edition=full","pubTime":"2021-11-05 19:34","market":"us","language":"en","title":"Tesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.<blockquote>分析师表示,特斯拉股票被高估了1万亿美元。我们看了数学。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1180620689","media":"Barrons","summary":"Tesla‘s market capitalization recently moved well past $1 trillion, but the independent investment-r","content":"<p>Tesla‘s market capitalization recently moved well past $1 trillion, but the independent investment-research firm New Constructs believes the company is overvalued by roughly $1 trillion of that. The firm’s CEO, David Trainer, says Tesla shares could fall as much as 88%, to roughly $150 a share.</p><p><blockquote>特斯拉的市值最近远远超过1万亿美元,但独立投资研究公司New Constructs认为,该公司的估值被高估了约1万亿美元。该公司首席执行官David Trainer表示,特斯拉股价可能会下跌88%,至每股约150美元。</blockquote></p><p> His argument, which isn’t the first extreme bear or bull case Tesla (ticker: TSLA) investors have had to weigh, is mainly based on math.</p><p><blockquote>他的论点主要基于数学,这并不是特斯拉(股票代码:TSLA)投资者必须权衡的第一个极端熊市或牛市案例。</blockquote></p><p> Tesla stock, which has risen about 57% over the past month, was little changed in premarket trading Friday after gaining up 1.3% Thursday afternoon, while the S&P 500 advanced 0.4% and the Dow Jones Industrial Average finished off 0.1%. Strong third-quarter deliveries, earnings, and a sale of 100,000 vehicles to the rental-car company Hertz (HTZZ) have sent the stock through the roof.</p><p><blockquote>特斯拉股价在过去一个月上涨了约57%,在周四下午上涨1.3%后,周五盘前交易中几乎没有变化,而标准普尔500指数上涨0.4%,道琼斯工业平均指数收盘下跌0.1%。强劲的第三季度交付量、盈利以及向汽车租赁公司赫兹(HTZZ)出售10万辆汽车,使该股股价飙升。</blockquote></p><p> Today, Tesla is worth roughly $1.2 trillion–a figure Trainer says makes no sense. Tesla didn’t immediately respond to a request for comment.</p><p><blockquote>如今,特斯拉的身价约为1.2万亿美元——一位培训师称这个数字毫无意义。特斯拉没有立即回应置评请求。</blockquote></p><p> “The $1.2 trillion valuation implies Tesla owns 118% of the entire global passenger EV market and becomes more profitable than Apple [AAPL] by 2030,” wrote Trainer in a Thursday report. His work looked at what kind of sales and earnings the company would have to achieve to be worth that much.</p><p><blockquote>Trainer在周四的一份报告中写道:“1.2万亿美元的估值意味着特斯拉拥有整个全球乘用电动汽车市场的118%,到2030年利润将超过苹果[AAPL]。”他的工作着眼于公司必须实现什么样的销售额和收益才能达到那么高的价值。</blockquote></p><p> Trainer believes Tesla would have to sell almost 31 million vehicles in 2030 to justify the current valuation. That is more than he expects the entire industry to produce, based on figures from the International Energy Agency. The base case in the IEA’s 2021 outlook for electric vehicles projects annual global sales of about 28 million EVs at the end of the decade.</p><p><blockquote>Trainer认为,特斯拉必须在2030年销售近3100万辆汽车才能证明当前估值的合理性。根据国际能源署的数据,这超过了他对整个行业产量的预期。IEA 2021年电动汽车展望的基本情景预计,到本世纪末,全球电动汽车年销量约为2800万辆。</blockquote></p><p> To be sure, that IEA report was published in April, before many auto makers committed to spending billions of dollars on vehicle electrification and battery-production capacity. It was in August that President Joe Biden announced his <a href=\"https://www.marketwatch.com/articles/tesla-musk-biden-ev-stock-51628202850\" target=\"_blank\">goal for EVs</a> to account for 50% of new-car sales by 2030. And the IEA report includes a best-case scenario with about 47 million EVs sold around the world annually by 2030.</p><p><blockquote>可以肯定的是,IEA的报告是在四月份发布的,当时许多汽车制造商承诺在汽车电气化和电池产能上投入数十亿美元。八月,乔·拜登总统宣布了他的<a href=\"https://www.marketwatch.com/articles/tesla-musk-biden-ev-stock-51628202850\" target=\"_blank\">电动汽车的目标</a>到2030年占新车销量的50%。IEA的报告包括了到2030年全球每年销售约4700万辆电动汽车的最佳情景。</blockquote></p><p> There are, of course, Tesla bulls, and most of them don’t believe Tesla is going to sell 31 million cars a year by 2030. Morgan Stanley’s Adam Jonas, who rates the stock at Buy and has a $1,200 price target for shares, predicts annual sales of about 8 million units by then.</p><p><blockquote>当然,也有看好特斯拉的人,他们中的大多数人不相信特斯拉到2030年每年会售出3100万辆汽车。摩根士丹利(Morgan Stanley)的亚当·乔纳斯(Adam Jonas)将该股评级为买入,目标价为1,200美元,预计届时年销量约为800万辆。</blockquote></p><p> Jonas believes Tesla will be more profitable than traditional auto makers. But Trainer assumes that Tesla will have operating profit margins in line with those of General Motors (GM). With 31 million vehicles sold, that might mean Tesla earns $131 billion in 2030 operating profit, higher than the $100 billion-plus Apple is pulling in now, he said.</p><p><blockquote>Jonas认为,特斯拉将比传统汽车制造商更有利可图。但Trainer假设特斯拉的营业利润率将与通用汽车(GM)持平。他表示,特斯拉售出3100万辆汽车,这可能意味着2030年营业利润将达到1310亿美元,高于苹果目前超过1000亿美元的收入。</blockquote></p><p> But if Jonas’s call for Tesla to sell 8 million vehicles in 2030 is correct, Trainer said, that would yield earnings of about $30 billion annually, assuming Elon Musk’s company only matches GM’s net operating after-tax profit margin of 8.5%.</p><p><blockquote>但Trainer表示,如果Jonas对特斯拉2030年销售800万辆汽车的看涨期权是正确的,假设Elon Musk的公司仅与通用8.5%的税后净营业利润率相当,那么每年将产生约300亿美元的收益。</blockquote></p><p> Recently, of course, some of Tesla’s profit margins have been industry-leading, which is no surprise given the popularity of the vehicles and the fact that the company doesn’t have the pension obligations its older rivals face. Third-quarter gross margins exceeded GM’s,Ford Motor‘s (F), and Volkswagen’s (VOW3. Germany), to name a few.</p><p><blockquote>当然,最近,特斯拉的一些利润率一直处于行业领先地位,考虑到这些汽车的受欢迎程度以及该公司没有其老竞争对手面临的养老金义务,这并不奇怪。第三季度毛利率超过通用汽车、福特汽车(F)和大众汽车(VOW3.Germany)等。</blockquote></p><p> Longer-term margins are hard to predict, though Trainer told <i>Barron’s</i> he thinks his assumption is fair. They depend on factors such as software sales—all auto makers are offering software-enabled features that can be sold on subscriptions—as well as battery costs.</p><p><blockquote>尽管Trainer表示,长期利润率很难预测<i>巴伦周刊</i>他认为他的假设是公平的。它们取决于软件销售(所有汽车制造商都提供可以通过订阅出售的软件功能)以及电池成本等因素。</blockquote></p><p> “Putting it all together: Tesla provides poor risk/reward,” Trainer wrote.</p><p><blockquote>“综合起来:特斯拉提供的风险/回报很差,”特雷纳写道。</blockquote></p><p> His arguments are unlikely to sway the many bulls who follow the stock. There are 14 analysts, almost one-third of the 44 Bloomberg tracks, with target prices that value Tesla at $1 trillion or more.</p><p><blockquote>他的观点不太可能动摇许多关注该股的多头。有14名分析师,几乎占彭博社44条赛道的三分之一,他们的目标价对特斯拉的估值为1万亿美元或以上。</blockquote></p><p> The bulls believe Tesla is the EV leader and will increase its sales and production volume at 50% a year on average for the foreseeable future. They also believe EVs will be more profitable than traditional vehicles and that Tesla will maintain its cost leadership. Many bulls also believe that Tesla’s power-storage business, plus a robotaxi operation it could launch if it succeeds in developing self-driving cars, will generate significant sales.</p><p><blockquote>看涨者认为,特斯拉是电动汽车的领导者,在可预见的未来,其销量和产量将以平均每年50%的速度增长。他们还相信电动汽车将比传统汽车更有利可图,特斯拉将保持其成本领先地位。许多看涨者还认为,特斯拉的储电业务,加上如果成功开发自动驾驶汽车,它可能推出的机器人出租车业务,将产生可观的销售额。</blockquote></p><p> Time will tell who is right. The bulls are feeling good these days given Tesla’s strong results. And the bears are staring agape at the stock’s valuation, which essentially matches all of the world’s traditional auto makers combined.</p><p><blockquote>时间会证明谁是对的。鉴于特斯拉的强劲业绩,公牛队这些天感觉很好。空头们目瞪口呆地看着该股的估值,该估值基本上与全球所有传统汽车制造商的估值总和相当。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.<blockquote>分析师表示,特斯拉股票被高估了1万亿美元。我们看了数学。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Is Overvalued by $1 Trillion, Analyst Says. We Looked at the Math.<blockquote>分析师表示,特斯拉股票被高估了1万亿美元。我们看了数学。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-05 19:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Tesla‘s market capitalization recently moved well past $1 trillion, but the independent investment-research firm New Constructs believes the company is overvalued by roughly $1 trillion of that. The firm’s CEO, David Trainer, says Tesla shares could fall as much as 88%, to roughly $150 a share.</p><p><blockquote>特斯拉的市值最近远远超过1万亿美元,但独立投资研究公司New Constructs认为,该公司的估值被高估了约1万亿美元。该公司首席执行官David Trainer表示,特斯拉股价可能会下跌88%,至每股约150美元。</blockquote></p><p> His argument, which isn’t the first extreme bear or bull case Tesla (ticker: TSLA) investors have had to weigh, is mainly based on math.</p><p><blockquote>他的论点主要基于数学,这并不是特斯拉(股票代码:TSLA)投资者必须权衡的第一个极端熊市或牛市案例。</blockquote></p><p> Tesla stock, which has risen about 57% over the past month, was little changed in premarket trading Friday after gaining up 1.3% Thursday afternoon, while the S&P 500 advanced 0.4% and the Dow Jones Industrial Average finished off 0.1%. Strong third-quarter deliveries, earnings, and a sale of 100,000 vehicles to the rental-car company Hertz (HTZZ) have sent the stock through the roof.</p><p><blockquote>特斯拉股价在过去一个月上涨了约57%,在周四下午上涨1.3%后,周五盘前交易中几乎没有变化,而标准普尔500指数上涨0.4%,道琼斯工业平均指数收盘下跌0.1%。强劲的第三季度交付量、盈利以及向汽车租赁公司赫兹(HTZZ)出售10万辆汽车,使该股股价飙升。</blockquote></p><p> Today, Tesla is worth roughly $1.2 trillion–a figure Trainer says makes no sense. Tesla didn’t immediately respond to a request for comment.</p><p><blockquote>如今,特斯拉的身价约为1.2万亿美元——一位培训师称这个数字毫无意义。特斯拉没有立即回应置评请求。</blockquote></p><p> “The $1.2 trillion valuation implies Tesla owns 118% of the entire global passenger EV market and becomes more profitable than Apple [AAPL] by 2030,” wrote Trainer in a Thursday report. His work looked at what kind of sales and earnings the company would have to achieve to be worth that much.</p><p><blockquote>Trainer在周四的一份报告中写道:“1.2万亿美元的估值意味着特斯拉拥有整个全球乘用电动汽车市场的118%,到2030年利润将超过苹果[AAPL]。”他的工作着眼于公司必须实现什么样的销售额和收益才能达到那么高的价值。</blockquote></p><p> Trainer believes Tesla would have to sell almost 31 million vehicles in 2030 to justify the current valuation. That is more than he expects the entire industry to produce, based on figures from the International Energy Agency. The base case in the IEA’s 2021 outlook for electric vehicles projects annual global sales of about 28 million EVs at the end of the decade.</p><p><blockquote>Trainer认为,特斯拉必须在2030年销售近3100万辆汽车才能证明当前估值的合理性。根据国际能源署的数据,这超过了他对整个行业产量的预期。IEA 2021年电动汽车展望的基本情景预计,到本世纪末,全球电动汽车年销量约为2800万辆。</blockquote></p><p> To be sure, that IEA report was published in April, before many auto makers committed to spending billions of dollars on vehicle electrification and battery-production capacity. It was in August that President Joe Biden announced his <a href=\"https://www.marketwatch.com/articles/tesla-musk-biden-ev-stock-51628202850\" target=\"_blank\">goal for EVs</a> to account for 50% of new-car sales by 2030. And the IEA report includes a best-case scenario with about 47 million EVs sold around the world annually by 2030.</p><p><blockquote>可以肯定的是,IEA的报告是在四月份发布的,当时许多汽车制造商承诺在汽车电气化和电池产能上投入数十亿美元。八月,乔·拜登总统宣布了他的<a href=\"https://www.marketwatch.com/articles/tesla-musk-biden-ev-stock-51628202850\" target=\"_blank\">电动汽车的目标</a>到2030年占新车销量的50%。IEA的报告包括了到2030年全球每年销售约4700万辆电动汽车的最佳情景。</blockquote></p><p> There are, of course, Tesla bulls, and most of them don’t believe Tesla is going to sell 31 million cars a year by 2030. Morgan Stanley’s Adam Jonas, who rates the stock at Buy and has a $1,200 price target for shares, predicts annual sales of about 8 million units by then.</p><p><blockquote>当然,也有看好特斯拉的人,他们中的大多数人不相信特斯拉到2030年每年会售出3100万辆汽车。摩根士丹利(Morgan Stanley)的亚当·乔纳斯(Adam Jonas)将该股评级为买入,目标价为1,200美元,预计届时年销量约为800万辆。</blockquote></p><p> Jonas believes Tesla will be more profitable than traditional auto makers. But Trainer assumes that Tesla will have operating profit margins in line with those of General Motors (GM). With 31 million vehicles sold, that might mean Tesla earns $131 billion in 2030 operating profit, higher than the $100 billion-plus Apple is pulling in now, he said.</p><p><blockquote>Jonas认为,特斯拉将比传统汽车制造商更有利可图。但Trainer假设特斯拉的营业利润率将与通用汽车(GM)持平。他表示,特斯拉售出3100万辆汽车,这可能意味着2030年营业利润将达到1310亿美元,高于苹果目前超过1000亿美元的收入。</blockquote></p><p> But if Jonas’s call for Tesla to sell 8 million vehicles in 2030 is correct, Trainer said, that would yield earnings of about $30 billion annually, assuming Elon Musk’s company only matches GM’s net operating after-tax profit margin of 8.5%.</p><p><blockquote>但Trainer表示,如果Jonas对特斯拉2030年销售800万辆汽车的看涨期权是正确的,假设Elon Musk的公司仅与通用8.5%的税后净营业利润率相当,那么每年将产生约300亿美元的收益。</blockquote></p><p> Recently, of course, some of Tesla’s profit margins have been industry-leading, which is no surprise given the popularity of the vehicles and the fact that the company doesn’t have the pension obligations its older rivals face. Third-quarter gross margins exceeded GM’s,Ford Motor‘s (F), and Volkswagen’s (VOW3. Germany), to name a few.</p><p><blockquote>当然,最近,特斯拉的一些利润率一直处于行业领先地位,考虑到这些汽车的受欢迎程度以及该公司没有其老竞争对手面临的养老金义务,这并不奇怪。第三季度毛利率超过通用汽车、福特汽车(F)和大众汽车(VOW3.Germany)等。</blockquote></p><p> Longer-term margins are hard to predict, though Trainer told <i>Barron’s</i> he thinks his assumption is fair. They depend on factors such as software sales—all auto makers are offering software-enabled features that can be sold on subscriptions—as well as battery costs.</p><p><blockquote>尽管Trainer表示,长期利润率很难预测<i>巴伦周刊</i>他认为他的假设是公平的。它们取决于软件销售(所有汽车制造商都提供可以通过订阅出售的软件功能)以及电池成本等因素。</blockquote></p><p> “Putting it all together: Tesla provides poor risk/reward,” Trainer wrote.</p><p><blockquote>“综合起来:特斯拉提供的风险/回报很差,”特雷纳写道。</blockquote></p><p> His arguments are unlikely to sway the many bulls who follow the stock. There are 14 analysts, almost one-third of the 44 Bloomberg tracks, with target prices that value Tesla at $1 trillion or more.</p><p><blockquote>他的观点不太可能动摇许多关注该股的多头。有14名分析师,几乎占彭博社44条赛道的三分之一,他们的目标价对特斯拉的估值为1万亿美元或以上。</blockquote></p><p> The bulls believe Tesla is the EV leader and will increase its sales and production volume at 50% a year on average for the foreseeable future. They also believe EVs will be more profitable than traditional vehicles and that Tesla will maintain its cost leadership. Many bulls also believe that Tesla’s power-storage business, plus a robotaxi operation it could launch if it succeeds in developing self-driving cars, will generate significant sales.</p><p><blockquote>看涨者认为,特斯拉是电动汽车的领导者,在可预见的未来,其销量和产量将以平均每年50%的速度增长。他们还相信电动汽车将比传统汽车更有利可图,特斯拉将保持其成本领先地位。许多看涨者还认为,特斯拉的储电业务,加上如果成功开发自动驾驶汽车,它可能推出的机器人出租车业务,将产生可观的销售额。</blockquote></p><p> Time will tell who is right. The bulls are feeling good these days given Tesla’s strong results. And the bears are staring agape at the stock’s valuation, which essentially matches all of the world’s traditional auto makers combined.</p><p><blockquote>时间会证明谁是对的。鉴于特斯拉的强劲业绩,公牛队这些天感觉很好。空头们目瞪口呆地看着该股的估值,该估值基本上与全球所有传统汽车制造商的估值总和相当。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.barrons.com/articles/tesla-stock-overvalued-1-trillion-51636053056?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-overvalued-1-trillion-51636053056?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180620689","content_text":"Tesla‘s market capitalization recently moved well past $1 trillion, but the independent investment-research firm New Constructs believes the company is overvalued by roughly $1 trillion of that. The firm’s CEO, David Trainer, says Tesla shares could fall as much as 88%, to roughly $150 a share.\nHis argument, which isn’t the first extreme bear or bull case Tesla (ticker: TSLA) investors have had to weigh, is mainly based on math.\nTesla stock, which has risen about 57% over the past month, was little changed in premarket trading Friday after gaining up 1.3% Thursday afternoon, while the S&P 500 advanced 0.4% and the Dow Jones Industrial Average finished off 0.1%. Strong third-quarter deliveries, earnings, and a sale of 100,000 vehicles to the rental-car company Hertz (HTZZ) have sent the stock through the roof.\nToday, Tesla is worth roughly $1.2 trillion–a figure Trainer says makes no sense. Tesla didn’t immediately respond to a request for comment.\n“The $1.2 trillion valuation implies Tesla owns 118% of the entire global passenger EV market and becomes more profitable than Apple [AAPL] by 2030,” wrote Trainer in a Thursday report. His work looked at what kind of sales and earnings the company would have to achieve to be worth that much.\nTrainer believes Tesla would have to sell almost 31 million vehicles in 2030 to justify the current valuation. That is more than he expects the entire industry to produce, based on figures from the International Energy Agency. The base case in the IEA’s 2021 outlook for electric vehicles projects annual global sales of about 28 million EVs at the end of the decade.\nTo be sure, that IEA report was published in April, before many auto makers committed to spending billions of dollars on vehicle electrification and battery-production capacity. It was in August that President Joe Biden announced his goal for EVs to account for 50% of new-car sales by 2030. And the IEA report includes a best-case scenario with about 47 million EVs sold around the world annually by 2030.\nThere are, of course, Tesla bulls, and most of them don’t believe Tesla is going to sell 31 million cars a year by 2030. Morgan Stanley’s Adam Jonas, who rates the stock at Buy and has a $1,200 price target for shares, predicts annual sales of about 8 million units by then.\nJonas believes Tesla will be more profitable than traditional auto makers. But Trainer assumes that Tesla will have operating profit margins in line with those of General Motors (GM). With 31 million vehicles sold, that might mean Tesla earns $131 billion in 2030 operating profit, higher than the $100 billion-plus Apple is pulling in now, he said.\nBut if Jonas’s call for Tesla to sell 8 million vehicles in 2030 is correct, Trainer said, that would yield earnings of about $30 billion annually, assuming Elon Musk’s company only matches GM’s net operating after-tax profit margin of 8.5%.\nRecently, of course, some of Tesla’s profit margins have been industry-leading, which is no surprise given the popularity of the vehicles and the fact that the company doesn’t have the pension obligations its older rivals face. Third-quarter gross margins exceeded GM’s,Ford Motor‘s (F), and Volkswagen’s (VOW3. Germany), to name a few.\nLonger-term margins are hard to predict, though Trainer told Barron’s he thinks his assumption is fair. They depend on factors such as software sales—all auto makers are offering software-enabled features that can be sold on subscriptions—as well as battery costs.\n“Putting it all together: Tesla provides poor risk/reward,” Trainer wrote.\nHis arguments are unlikely to sway the many bulls who follow the stock. There are 14 analysts, almost one-third of the 44 Bloomberg tracks, with target prices that value Tesla at $1 trillion or more.\nThe bulls believe Tesla is the EV leader and will increase its sales and production volume at 50% a year on average for the foreseeable future. They also believe EVs will be more profitable than traditional vehicles and that Tesla will maintain its cost leadership. Many bulls also believe that Tesla’s power-storage business, plus a robotaxi operation it could launch if it succeeds in developing self-driving cars, will generate significant sales.\nTime will tell who is right. The bulls are feeling good these days given Tesla’s strong results. And the bears are staring agape at the stock’s valuation, which essentially matches all of the world’s traditional auto makers combined.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822295850,"gmtCreate":1634133257440,"gmtModify":1634133257581,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"There are still alot of opportunities for growth...","listText":"There are still alot of opportunities for growth...","text":"There are still alot of opportunities for growth...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/822295850","repostId":"1113013066","repostType":4,"repost":{"id":"1113013066","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":1634132611,"share":"https://www.laohu8.com/m/news/1113013066?lang=zh_CN&edition=full","pubTime":"2021-10-13 21:43","market":"us","language":"en","title":"Sea Limited stock surged 4% in morning trading<blockquote>Sea Limited股价早盘飙升4%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1113013066","media":"Tiger Newspress","summary":"Sea Limited stock surged 4% in morning trading.\n\nThe worldwide e-commerce market reports sales could","content":"<p>Sea Limited stock surged 4% in morning trading.</p><p><blockquote>Sea Limited股价早盘飙升4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1fddc716b0b77f80b45903abab0f71a7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The worldwide e-commerce market reports sales could hit nearly $5 trillion in 2021. The migration of commerce from brick-and-mortar stores to the internet remains one of the most important growth stories of this era. Internet company <b>Sea Limited</b>(NYSE:SE) has emerged as the e-commerce leader in Southeast Asia while expanding into new markets such as Latin America, India, and Europe.</p><p><blockquote>全球电子商务市场报告称,2021年销售额可能达到近5万亿美元。商业从实体店向互联网的迁移仍然是这个时代最重要的增长故事之一。互联网公司<b>海有限公司</b>(纽约证券交易所股票代码:SE)已成为东南亚电子商务的领导者,同时扩展到拉丁美洲、印度和欧洲等新市场。</blockquote></p><p> The company does more than e-commerce, tying successful gaming and digital payments businesses into its customer base. Sea Limited's Garena division owns FreeFire, the world's most popular mobile game.</p><p><blockquote>该公司不仅仅做电子商务,还将成功的游戏和数字支付业务与其客户群联系起来。Sea Limited的Garena部门拥有世界上最受欢迎的手机游戏FreeFire。</blockquote></p><p> Sea Limited has reported its 2021 second quarter, where revenue came in at $2.3 billion, a 159% increase year over year. An important thing to note is that the company, although reporting a net loss for the period, is seeing an increase in its number of active and quarterly paying users. It's just getting started in its new markets, so growth could easily continue to be rampant in the years ahead, forging a pathway to profitability.</p><p><blockquote>Sea Limited公布2021年第二季度收入为23亿美元,同比增长159%。值得注意的重要一点是,尽管该公司报告期内出现净亏损,但其活跃用户和季度付费用户数量正在增加。它刚刚进入新市场,因此未来几年增长很容易继续猖獗,从而开辟一条盈利之路。</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>Sea Limited stock surged 4% in morning trading<blockquote>Sea Limited股价早盘飙升4%</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\">\nSea Limited stock surged 4% in morning trading<blockquote>Sea Limited股价早盘飙升4%</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\">2021-10-13 21:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Sea Limited stock surged 4% in morning trading.</p><p><blockquote>Sea Limited股价早盘飙升4%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/1fddc716b0b77f80b45903abab0f71a7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The worldwide e-commerce market reports sales could hit nearly $5 trillion in 2021. The migration of commerce from brick-and-mortar stores to the internet remains one of the most important growth stories of this era. Internet company <b>Sea Limited</b>(NYSE:SE) has emerged as the e-commerce leader in Southeast Asia while expanding into new markets such as Latin America, India, and Europe.</p><p><blockquote>全球电子商务市场报告称,2021年销售额可能达到近5万亿美元。商业从实体店向互联网的迁移仍然是这个时代最重要的增长故事之一。互联网公司<b>海有限公司</b>(纽约证券交易所股票代码:SE)已成为东南亚电子商务的领导者,同时扩展到拉丁美洲、印度和欧洲等新市场。</blockquote></p><p> The company does more than e-commerce, tying successful gaming and digital payments businesses into its customer base. Sea Limited's Garena division owns FreeFire, the world's most popular mobile game.</p><p><blockquote>该公司不仅仅做电子商务,还将成功的游戏和数字支付业务与其客户群联系起来。Sea Limited的Garena部门拥有世界上最受欢迎的手机游戏FreeFire。</blockquote></p><p> Sea Limited has reported its 2021 second quarter, where revenue came in at $2.3 billion, a 159% increase year over year. An important thing to note is that the company, although reporting a net loss for the period, is seeing an increase in its number of active and quarterly paying users. It's just getting started in its new markets, so growth could easily continue to be rampant in the years ahead, forging a pathway to profitability.</p><p><blockquote>Sea Limited公布2021年第二季度收入为23亿美元,同比增长159%。值得注意的重要一点是,尽管该公司报告期内出现净亏损,但其活跃用户和季度付费用户数量正在增加。它刚刚进入新市场,因此未来几年增长很容易继续猖獗,从而开辟一条盈利之路。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113013066","content_text":"Sea Limited stock surged 4% in morning trading.\n\nThe worldwide e-commerce market reports sales could hit nearly $5 trillion in 2021. The migration of commerce from brick-and-mortar stores to the internet remains one of the most important growth stories of this era. Internet company Sea Limited(NYSE:SE) has emerged as the e-commerce leader in Southeast Asia while expanding into new markets such as Latin America, India, and Europe.\nThe company does more than e-commerce, tying successful gaming and digital payments businesses into its customer base. Sea Limited's Garena division owns FreeFire, the world's most popular mobile game.\nSea Limited has reported its 2021 second quarter, where revenue came in at $2.3 billion, a 159% increase year over year. An important thing to note is that the company, although reporting a net loss for the period, is seeing an increase in its number of active and quarterly paying users. It's just getting started in its new markets, so growth could easily continue to be rampant in the years ahead, forging a pathway to profitability.","news_type":1,"symbols_score_info":{"SE":0.9}},"isVote":1,"tweetType":1,"viewCount":2728,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860774761,"gmtCreate":1632222334253,"gmtModify":1632801987735,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Seems like some dark clouds on the horizon...do we ride it out or do we release the pressure and wait? 🤔😎","listText":"Seems like some dark clouds on the horizon...do we ride it out or do we release the pressure and wait? 🤔😎","text":"Seems like some dark clouds on the horizon...do we ride it out or do we release the pressure and wait? 🤔😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/860774761","repostId":"1173746472","repostType":4,"repost":{"id":"1173746472","kind":"news","pubTimestamp":1632221699,"share":"https://www.laohu8.com/m/news/1173746472?lang=zh_CN&edition=full","pubTime":"2021-09-21 18:54","market":"us","language":"en","title":"Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173746472","media":"MarketWatch","summary":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all","content":"<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌,调整可能即将到来。尽管中国恒大受到了所有关注,但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%,该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示,这可能只是一个开始,他预计标普500今年将下跌15%。班尼斯特表示:“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻,但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元,较2021年增长9.4%,但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力,而成本持续上升。从工业材料制造商PPG Industries(股票代码:PPG)到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时,投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示:“一旦进入第三季度,一个问题将开始出现,那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示,如果公司税从目前的21%上调至25%,标普500 2022年每股收益可能会下降约5%,而众议院民主党人最近提议将税率上调至26.5%。因此,分析师对标普500 2022年每股收益的总体预期为217.95美元,每股收益可能会降至207美元。以目前的21倍计算,假设预期市盈率保持不变,该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平(目前12个月预期市盈率为20.4倍)的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债,推动债券价格上涨,收益率下降。但央行现在表示,最快将于今年在几个季度内将该计划缩减至零美元,这意味着投入债券的资金减少、价格下降和收益率上升。(周三美联储发布货币政策声明时我们将了解更多信息。)Mike Wilson写道,这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%,标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来,标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍,标普500的交易价格将为3914美元,比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平,市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点,下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧,这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票,例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法,从1990年开始,当标普500下跌10%时,这五个行业的平均回报率约为1%。班尼斯特表示:“如果你正处于九月或十月的风险集中时期,防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然,投资者还有一个可以藏身的地方:现金。现金不仅使投资者能够在股票下跌时买入股票,而且如果股票和国债价格下跌,除了通货膨胀的影响外,现金将保持其价值。班尼斯特说,“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候,安全总比后悔好。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-21 18:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌,调整可能即将到来。尽管中国恒大受到了所有关注,但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%,该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示,这可能只是一个开始,他预计标普500今年将下跌15%。班尼斯特表示:“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻,但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元,较2021年增长9.4%,但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力,而成本持续上升。从工业材料制造商PPG Industries(股票代码:PPG)到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时,投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示:“一旦进入第三季度,一个问题将开始出现,那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示,如果公司税从目前的21%上调至25%,标普500 2022年每股收益可能会下降约5%,而众议院民主党人最近提议将税率上调至26.5%。因此,分析师对标普500 2022年每股收益的总体预期为217.95美元,每股收益可能会降至207美元。以目前的21倍计算,假设预期市盈率保持不变,该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平(目前12个月预期市盈率为20.4倍)的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债,推动债券价格上涨,收益率下降。但央行现在表示,最快将于今年在几个季度内将该计划缩减至零美元,这意味着投入债券的资金减少、价格下降和收益率上升。(周三美联储发布货币政策声明时我们将了解更多信息。)Mike Wilson写道,这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%,标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来,标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍,标普500的交易价格将为3914美元,比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平,市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点,下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧,这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票,例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法,从1990年开始,当标普500下跌10%时,这五个行业的平均回报率约为1%。班尼斯特表示:“如果你正处于九月或十月的风险集中时期,防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然,投资者还有一个可以藏身的地方:现金。现金不仅使投资者能够在股票下跌时买入股票,而且如果股票和国债价格下跌,除了通货膨胀的影响外,现金将保持其价值。班尼斯特说,“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候,安全总比后悔好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews\">MarketWatch</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173746472","content_text":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.\nWhile Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.\nSupply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.\n“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”\nThe other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.\nThere’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.\nThere’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.\nCombine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.\nThat means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.\nOf course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.\nSometimes, it’s better to be safe than sorry.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1924,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883986185,"gmtCreate":1631196442647,"gmtModify":1631891790225,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"It's in the driver's seat.. 🚀","listText":"It's in the driver's seat.. 🚀","text":"It's in the driver's seat.. 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883986185","repostId":"2166610317","repostType":4,"isVote":1,"tweetType":1,"viewCount":3659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880179298,"gmtCreate":1631027653914,"gmtModify":1631891790227,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Probably in need of a catalyst to 🚀","listText":"Probably in need of a catalyst to 🚀","text":"Probably in need of a catalyst to 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880179298","repostId":"1139582863","repostType":4,"isVote":1,"tweetType":1,"viewCount":3038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815699492,"gmtCreate":1630672817716,"gmtModify":1631891790228,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Strengthening their lead...🚀","listText":"Strengthening their lead...🚀","text":"Strengthening their lead...🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815699492","repostId":"2164879400","repostType":4,"isVote":1,"tweetType":1,"viewCount":3321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816826833,"gmtCreate":1630488585222,"gmtModify":1631891790234,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Support Nio! 🚀","listText":"Support Nio! 🚀","text":"Support Nio! 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816826833","repostId":"1156393470","repostType":4,"repost":{"id":"1156393470","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":1630487935,"share":"https://www.laohu8.com/m/news/1156393470?lang=zh_CN&edition=full","pubTime":"2021-09-01 17:18","market":"us","language":"en","title":"Nio shares fell more than 3% in premarket trading<blockquote>蔚来股价在盘前交易中下跌超过3%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1156393470","media":"Tiger Newspress","summary":"Nio shares fell more than 3% in premarket trading.\nNIO delivered 5,880 vehicles in August 2021, repr","content":"<p>Nio shares fell more than 3% in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中下跌超过3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3301f3aa8ef1b7317bcb49d24c38de\" tg-width=\"898\" tg-height=\"627\" width=\"100%\" height=\"auto\">NIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.</p><p><blockquote>2021年8月,蔚来交付了5,880辆汽车,同比增长48.3%。尽管在需求不断增长的推动下,该公司8月份的新订单达到了历史新高,但汽车生产,尤其是ES6和EC6的制造,因中国和马来西亚某些地区的COVID-19大流行导致的供应链限制而受到严重干扰。交付量包括1,738辆ES8(该公司的六座或七座旗舰高级智能电动SUV)、2,342辆ES6(该公司的五座高性能高级智能电动SUV)以及1,800辆EC6(该公司的五座高级智能电动轿跑SUV)。截至2021年8月31日,ES8、ES6和EC6累计交付量达到131,408辆。</blockquote></p><p> In light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.</p><p><blockquote>鉴于半导体供应的持续不确定性和波动性,公司审慎调整车辆产量,预计2021年第三季度交付约22,500辆至23,500辆汽车,上修之前预期的23,000辆至25,000辆。</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>Nio shares fell more than 3% in premarket trading<blockquote>蔚来股价在盘前交易中下跌超过3%</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\">\nNio shares fell more than 3% in premarket trading<blockquote>蔚来股价在盘前交易中下跌超过3%</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\">2021-09-01 17:18</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nio shares fell more than 3% in premarket trading.</p><p><blockquote>蔚来股价在盘前交易中下跌超过3%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/ad3301f3aa8ef1b7317bcb49d24c38de\" tg-width=\"898\" tg-height=\"627\" width=\"100%\" height=\"auto\">NIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.</p><p><blockquote>2021年8月,蔚来交付了5,880辆汽车,同比增长48.3%。尽管在需求不断增长的推动下,该公司8月份的新订单达到了历史新高,但汽车生产,尤其是ES6和EC6的制造,因中国和马来西亚某些地区的COVID-19大流行导致的供应链限制而受到严重干扰。交付量包括1,738辆ES8(该公司的六座或七座旗舰高级智能电动SUV)、2,342辆ES6(该公司的五座高性能高级智能电动SUV)以及1,800辆EC6(该公司的五座高级智能电动轿跑SUV)。截至2021年8月31日,ES8、ES6和EC6累计交付量达到131,408辆。</blockquote></p><p> In light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.</p><p><blockquote>鉴于半导体供应的持续不确定性和波动性,公司审慎调整车辆产量,预计2021年第三季度交付约22,500辆至23,500辆汽车,上修之前预期的23,000辆至25,000辆。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156393470","content_text":"Nio shares fell more than 3% in premarket trading.\nNIO delivered 5,880 vehicles in August 2021, representing a 48.3% year-over-year growth. While the Company’s new order reached an all-time high in August driven by the increasing demand, the vehicle production, especially the manufacturing of the ES6 and EC6, was materially disrupted by supply chain constraints resulting from the COVID-19 pandemic in certain areas in China and Malaysia. The deliveries consisted of 1,738 ES8s, the Company’s six-seater or seven-seater flagship premium smart electric SUV, 2,342 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 1,800 EC6s, the Company’s five-seater premium smart electric coupe SUV. As of August 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 131,408 vehicles.\nIn light of the continued uncertainty and volatility of semiconductor supply, the Company prudently adjusts the vehicle production and expects to deliver approximately 22,500 to 23,500 vehicles in the third quarter of 2021, revised from the previous outlook of 23,000 to 25,000 vehicles.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819502163,"gmtCreate":1630075285752,"gmtModify":1704955627147,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Bright future 💪🏼😎","listText":"Bright future 💪🏼😎","text":"Bright future 💪🏼😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819502163","repostId":"2162028850","repostType":4,"isVote":1,"tweetType":1,"viewCount":1390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810639182,"gmtCreate":1629969653746,"gmtModify":1631891790237,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583236619050551","idStr":"3583236619050551"},"themes":[],"htmlText":"Think longer term...😎","listText":"Think longer term...😎","text":"Think longer term...😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/810639182","repostId":"1105504915","repostType":4,"repost":{"id":"1105504915","kind":"news","pubTimestamp":1629968307,"share":"https://www.laohu8.com/m/news/1105504915?lang=zh_CN&edition=full","pubTime":"2021-08-26 16:58","market":"us","language":"en","title":"Nio expects to cruise right around supply chain issues to stay on its growth track<blockquote>蔚来预计将解决供应链问题,以保持增长轨道</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1105504915","media":"Seeking Alpha","summary":"Bank of America remains constructive on NIO Inc. after meeting with management earlier today on some","content":"<p>Bank of America remains constructive on <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.</p><p><blockquote>美国银行仍持建设性态度<a href=\"https://laohu8.com/S/NIO\">蔚来</a>今天早些时候与管理层会面,讨论了由于芯片组件短缺和当地供应商生产的其他中断而导致的一些产能限制。</blockquote></p><p> Crucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.</p><p><blockquote>至关重要的是,蔚来表示,它已与宁德时代密切沟通,以确保该公司电动汽车产量在2021年底前每月8K至9k辆的电池供应。管理层认为供应限制只会影响短期生产。从积极的一面来看,蔚来看到了需求方面的积极势头,并注意到新订单的加强。需求足够强劲,蔚来有信心达到之前指导的第三季度交付量2.3万至2.5万辆。</blockquote></p><p> The automaker still expects to deliver three new models (including ET7) based on the NT2.0 platform in 2022.</p><p><blockquote>该汽车制造商仍预计在2022年交付三款基于NT2.0平台的新车型(包括ET7)。</blockquote></p><p> After taking in the update, BofA keeps a Buy rating on Nio (NYSE:NIO).</p><p><blockquote>收到更新后,美国银行维持蔚来(纽约证券交易所股票代码:蔚来)的买入评级。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio expects to cruise right around supply chain issues to stay on its growth track<blockquote>蔚来预计将解决供应链问题,以保持增长轨道</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio expects to cruise right around supply chain issues to stay on its growth track<blockquote>蔚来预计将解决供应链问题,以保持增长轨道</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\">2021-08-26 16:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Bank of America remains constructive on <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.</p><p><blockquote>美国银行仍持建设性态度<a href=\"https://laohu8.com/S/NIO\">蔚来</a>今天早些时候与管理层会面,讨论了由于芯片组件短缺和当地供应商生产的其他中断而导致的一些产能限制。</blockquote></p><p> Crucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.</p><p><blockquote>至关重要的是,蔚来表示,它已与宁德时代密切沟通,以确保该公司电动汽车产量在2021年底前每月8K至9k辆的电池供应。管理层认为供应限制只会影响短期生产。从积极的一面来看,蔚来看到了需求方面的积极势头,并注意到新订单的加强。需求足够强劲,蔚来有信心达到之前指导的第三季度交付量2.3万至2.5万辆。</blockquote></p><p> The automaker still expects to deliver three new models (including ET7) based on the NT2.0 platform in 2022.</p><p><blockquote>该汽车制造商仍预计在2022年交付三款基于NT2.0平台的新车型(包括ET7)。</blockquote></p><p> After taking in the update, BofA keeps a Buy rating on Nio (NYSE:NIO).</p><p><blockquote>收到更新后,美国银行维持蔚来(纽约证券交易所股票代码:蔚来)的买入评级。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/news/3734169-nio-expects-to-cruise-right-around-supply-chain-issues-to-stay-on-its-growth-track\">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":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/news/3734169-nio-expects-to-cruise-right-around-supply-chain-issues-to-stay-on-its-growth-track","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105504915","content_text":"Bank of America remains constructive on NIO Inc. after meeting with management earlier today on some capacity constraints due to chip component shortages and other disruptions with the production of local suppliers.\nCrucially, Nio says it has communicated closely with CATL to ensure battery supply for the company's electric vehicle production at 8K to 9k units per month until the end of 2021. Management believes the supply constraints will only impact short-term production. On the positive side, Nio sees positive momentum on the demand front and notes strengthening with new orders received. The demand is strong enough that Nio is confident of hitting prior guidance for Q3 deliveries of 23K to 25K units.\nThe automaker still expects to deliver three new models (including ET7) based on the NT2.0 platform in 2022.\nAfter taking in the update, BofA keeps a Buy rating on Nio (NYSE:NIO).","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1841,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}