+关注
畜牧教主马斯克
信徒基本守则:特斯拉不是车企,是规模最大的养殖业公司。做空/卖出特斯拉就是认知不够,跌了只能加仓,马大炮是神!马大炮拯救世界!2025特斯拉改名特能吹!要相信自己的认知永远是最高的!
IP属地:海南
86
关注
319
粉丝
1
主题
0
勋章
主贴
热门
畜牧教主马斯克
04-28
特斯拉车主、股东的自适应能力超过其他公司太多太多了,这也是马圣远程畜牧业的一种成功之处吧?
FSD梦破灭?特斯拉老车主回应无法升级:马斯克“挂羊头卖狗肉”
畜牧教主马斯克
04-23
不画饼谁买[开心]编也要编故事出来,hw3的硬件终于承认无法实现完全fsd了,其他的还会有什么认输的呢?
畜牧教主马斯克
04-23
远程畜牧业能否在盘中发力[开心] 今年也是靠嘴的一年
特斯拉Q1营收创近两年最高增速,盈利大超预期,现金流翻倍
畜牧教主马斯克
04-23
等能改装已经要换车了,不如退钱,骗子乱许诺这下要吃回旋镖了[开心]
马斯克承认特斯拉HW3无法做到无监督FSD
畜牧教主马斯克
04-23
去年都食言,今年也一样
特斯拉CEO马斯克:预计年底前在约12个州实现无人监管全自动驾驶或机器人出租车服务
畜牧教主马斯克
04-22
明早又是见证远程畜牧业成果的时候了[得意] 拭目以待马圣把-10%忽悠成+10%。无人的士说去年大范围铺开,结果到现在依旧沉寂。机器人和芯片更远,跳票更是大概率[微笑]
特斯拉即将放榜,市场在乎的并非业绩本身,而是AI、Robotaxi、机器人与SpaceX
畜牧教主马斯克
04-20
主业肯定一塌糊涂,无非是老一套模式,转移注意力,说自己的芯片和机器人准备量产,叫大家别卖股票,特斯拉要冲十万亿美元[开心] 畜牧业这块,马圣没得说的
财报前瞻 | 特斯拉绩前接连释放积极信号!Robotaxi、FSD以及Cybercab能否支撑后续涨势?
畜牧教主马斯克
04-17
[开心] 割印度佬韭菜,比中国贵一倍
特斯拉六座版Model Y最快下周登陆印度,“衍生策略”加码增量市场
畜牧教主马斯克
04-11
$特斯拉(TSLA)$
过气股票,除了画饼还是画饼[开心]
畜牧教主马斯克
04-09
又在画饼了,知情人士是谁?马圣派人扔烟雾弹了,又做芯片又做储能机器人又做新车型,不愧是宇宙第一大品牌,精力是无限的想做什么都会成功[你懂的]
消息称特斯拉开发全新紧凑型SUV,价格亲民,或在上海工厂生产
畜牧教主马斯克
04-08
$特斯拉(TSLA)$
高开低走,非常漂亮,马圣的远程畜牧业好像不太给力了[开心]
畜牧教主马斯克
04-07
4月22日,马圣的远程畜牧业又要发光发热了吗[开心]
小摩绩前唱空特斯拉,警告股价恐暴跌60%
畜牧教主马斯克
04-06
$特斯拉(TSLA)$
向着三百俯冲吧,画的饼已经不太能支撑现在的估值了,再不落地真正有影响力的内容还有得跌[开心]
畜牧教主马斯克
04-02
完全自动驾驶,配吗?还叫这个名字
特斯拉即将推出下一版FSD更新
畜牧教主马斯克
03-31
上市幻想就破灭,马圣说不缺钱,又要上市[微笑]
SpaceX拟募资逾750亿美元,IPO市场面临资金饱和考验
畜牧教主马斯克
03-31
卑鄙的马圣还是有一手的
马斯克叫板成功,美法官因点赞争议回避特斯拉诉讼
畜牧教主马斯克
03-27
$特斯拉(TSLA)$
该往下破300了
畜牧教主马斯克
03-27
$美光科技(MU)$
大势已去
畜牧教主马斯克
03-27
上市就会暴跌
1.75万亿美元!估值神话or资金黑洞?一文读懂SpaceX史诗级IPO
畜牧教主马斯克
03-25
没关系,有世界第一养殖业支撑,就算是方的他都能让大家认成圆的。你马圣厉不厉害?
伯恩斯坦“泼冷水”:马斯克超级芯片工厂需5-13万亿美元资本开支,"比登陆火星还难"
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3560418186602071","uuid":"3560418186602071","gmtCreate":1597324765377,"gmtModify":1761123135172,"name":"畜牧教主马斯克","pinyin":"cmjzmskchumujiaozhumasike","introduction":"","introductionEn":"","signature":"信徒基本守则:特斯拉不是车企,是规模最大的养殖业公司。做空/卖出特斯拉就是认知不够,跌了只能加仓,马大炮是神!马大炮拯救世界!2025特斯拉改名特能吹!要相信自己的认知永远是最高的!","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","hat":"https://static.tigerbbs.com/f3e7f6253c885de8bad6403055b76aab","hatId":"award-c8da655dbb57d68ec776f214a7908b6d","hatName":"2025新年头像框","vip":1,"status":2,"fanSize":319,"headSize":86,"tweetSize":1662,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":3,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2026.02.04","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0},{"badgeId":"228c86a078844d74991fff2b7ab2428d-3","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资合伙人虎","description":"证券账户累计交易金额达到100万美元","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.96%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.69%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.27%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"wearingSort":0},"individualDisplayBadges":null,"crmLevel":5,"crmLevelSwitch":1,"location":"海南","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":5,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":558438829618344,"gmtCreate":1777369306842,"gmtModify":1777369309329,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"特斯拉车主、股东的自适应能力超过其他公司太多太多了,这也是马圣远程畜牧业的一种成功之处吧?","listText":"特斯拉车主、股东的自适应能力超过其他公司太多太多了,这也是马圣远程畜牧业的一种成功之处吧?","text":"特斯拉车主、股东的自适应能力超过其他公司太多太多了,这也是马圣远程畜牧业的一种成功之处吧?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/558438829618344","repostId":"2630342849","repostType":2,"repost":{"id":"2630342849","kind":"news","pubTimestamp":1777338669,"share":"https://www.laohu8.com/m/news/2630342849?lang=zh_CN&edition=full","pubTime":"2026-04-28 09:11","market":"hk","language":"zh","title":"FSD梦破灭?特斯拉老车主回应无法升级:马斯克“挂羊头卖狗肉”","url":"https://stock-news.laohu8.com/highlight/detail?id=2630342849","media":"凤凰网科技","summary":"“现在的感觉就像是(特斯拉)挂羊头卖狗肉。”他表示,特斯拉和马斯克当初不断强调这一功能“即将实现”,但最终却一直没有兑现,“某种程度上是搬起石头砸了自己的脚”。在长期等待“无监督FSD”无果之后,搭载Hardware 3计算机汽车的车主未来可能会很难再信任特斯拉和马斯克的承诺。目前已有近4000名经认证的特斯拉车主在西格特曼斯的网站上注册。","content":"<html><body><p><a href=\"https://laohu8.com/S/600716\">凤凰</a>网科技讯 4月28日,据《商业内幕》报道,多年来,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>在销售其电动汽车时一直以“未来可实现自动驾驶”为卖点。如今,一些车主可能面临被“抛弃”的命运。</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_18/D0C917194606BD4806FE7022B68AF51E73A924DA_size927_w1202_h810.png\"/></p><p>图1:马斯克称HW3车型无法升级无监督版FSD</p><p>在上周三的特斯拉财报电话会议上,埃隆·马斯克(Elon Musk)表示,2023年之前出厂的特斯拉车辆配备的是上一代Hardware 3计算机,将无法实现完全无监督的全自动驾驶(FSD)。 “我希望情况并非如此,但Hardware 3确实不具备实现无监督FSD的能力。”马斯克称。</p><p>马斯克表示,特斯拉将为搭载Hardware 3计算机汽车的车主提供两种选择:一是“优惠价以旧换新”,二是在主要城市的“微型工厂”为其车辆更换计算机和摄像头(很复杂)。</p><p>这一消息对长期支持特斯拉的车主来说是一个重大打击。他们支付了数千美元,并苦等多年,一直以为自己的车辆拥有实现完全自动驾驶所需的技术。</p><p>早在2016年,特斯拉就曾在营销材料中宣称,其所有车辆都配备了实现“完全自动驾驶能力”所需的硬件,且“安全水平将远超人类驾驶员”。</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_18/E388670B61E1EE5E2712D99F3A97D8EDEA23E737_size79_w1158_h564.png\"/></p><p>图2:马斯克曾称2016年后的车型配置FSD硬件</p><p>马斯克曾在2019年的推文中表示,自2016年以来生产的所有特斯拉车辆都具备实现FSD所需的硬件,或者“非常容易升级”。</p><p><strong>挂羊头卖狗肉</strong></p><p>安德鲁·阿珀利(Andrew Apperley)在2023年以5.3万美元购买了一辆配备FSD功能的二手2018款Model 3。“现在的感觉就像是(特斯拉)挂羊头卖狗肉(bait and switch)。”阿珀利称。</p><p>他表示,特斯拉和马斯克当初不断强调这一功能“即将实现”,但最终却一直没有兑现,“某种程度上是搬起石头砸了自己的脚”。在长期等待“无监督FSD”无果之后,搭载Hardware 3计算机汽车的车主未来可能会很难再信任特斯拉和马斯克的承诺。</p><p><strong>愿意等待</strong></p><p>里克·弗拉什曼(Rick Flashman)在2022年购买他的Model 3时为FSD支付了1万美元。他告诉《商业内幕》,尽管特斯拉向他提供了越来越慷慨的以旧换新报价,但他对把自己的电动车换成配备最新硬件的车辆不感兴趣。</p><p>弗拉什曼说:“我的车状态很好,已经跑了7.3万英里,开起来完全没问题,所以我没有理由升级。”</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_18/2E485DBBECB6415DD3C94C0A24023A9FCF613089_size1132_w1216_h856.png\"/></p><p>图3:弗拉什曼</p><p>这位来自佛罗里达州的车主表示,FSD是他购买特斯拉的主要原因之一,并称自己在超过90%的驾驶场景中都会使用该功能。</p><p>在美国,搭载Hardware 3的车辆运行的是功能相对受限的FSD版本,而特斯拉计划在6月为旧车型推出FSD v14的“精简版(lite)”。</p><p>尽管车辆能力有限,弗拉什曼仍表示对当前技术整体满意,并愿意等待马斯克在上周三承诺的系统升级。</p><p>“可能还要再等一年,但我属于那种愿意继续等待的人,”他表示,“我当然希望能更快实现,但我不觉得自己被坑了。”</p><p><strong>FSD一般般</strong></p><p>马特·西蒙斯(Matt Simmons)是一位特斯拉车主,在2019年购买了他的Model 3 Performance。他告诉《商业内幕》,当时他因为好奇人们对FSD的热捧,便额外支付了6000美元加装了这个功能。七年后,他表示自己很少使用这一功能。</p><p>“说实话,这东西挺烂的。”西蒙斯说。他表示,自己在高速公路上行驶时不会使用FSD,因为该软件的速度控制存在问题。</p><p>这位匹兹堡居民表示,他的特斯拉汽车“早就付清了贷款”,并称自己没有任何打算将其置换为更先进的车型。</p><p><strong>潜在诉讼</strong></p><p>本月早些时候,特斯拉终于获得了在荷兰推出FSD的许可,这标志着该技术在经过长达一年的监管游说后首次登陆欧洲。</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_18/321FE6B64C55172EB9033A64BE890B5FF08192AA_size1164_w1212_h1198.png\"/></p><p>图4:西格特曼斯准备起诉</p><p>然而,此次在荷兰的推出将Hardware 3车主排除在外。这促使阿姆斯特丹风投公司Ryde Ventures高管米沙·西格特曼斯(Mischa Sigtermans)创建了一个网站,召集欧洲特斯拉车主,准备采取潜在的法律行动。目前已有近4000名经认证的特斯拉车主在西格特曼斯的网站上注册。</p><p>西格特曼斯是一名Model 3车主,他在2019年为FSD支付了6400欧元(约合7530美元)。他告诉《商业内幕》,马斯克的言论证实了许多车主最担心的事情,并表示所谓的“折价以旧换新”解决方案只会让车主们“为同一个被违背的承诺付两次钱”。</p><p>“马斯克把我们许多人几个月甚至几年来一直在说的话大声讲了出来。承认问题摆在那儿,但解决方案却不在。”西格特曼斯表示。(作者/箫雨)</p><p>更多一手新闻,欢迎下载凤凰新闻客户端订阅凤凰网科技。想看深度报道,请微信搜索“凤凰网科技”。</p></body></html>","source":"fenghuang_stock","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>FSD梦破灭?特斯拉老车主回应无法升级:马斯克“挂羊头卖狗肉”</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFSD梦破灭?特斯拉老车主回应无法升级:马斯克“挂羊头卖狗肉”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-28 09:11 北京时间 <a href=https://tech.ifeng.com/c/8sgaecH0hXO><strong>凤凰网科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>凤凰网科技讯 4月28日,据《商业内幕》报道,多年来,特斯拉在销售其电动汽车时一直以“未来可实现自动驾驶”为卖点。如今,一些车主可能面临被“抛弃”的命运。图1:马斯克称HW3车型无法升级无监督版FSD在上周三的特斯拉财报电话会议上,埃隆·马斯克(Elon Musk)表示,2023年之前出厂的特斯拉车辆配备的是上一代Hardware 3计算机,将无法实现完全无监督的全自动驾驶(FSD)。 “我希望...</p>\n\n<a href=\"https://tech.ifeng.com/c/8sgaecH0hXO\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","BK4612":"AI芯片","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0082616367.USD":"摩根大通美国科技A(dist)","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","TSLP":"TSLA收益溢价策略ETF-Kurv","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4574":"无人驾驶","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","TSLQ":"2倍做空TSLA ETF-Tradr","TSLR":"2倍做多TSLA ETF-GraniteShares","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","TSLS":"1倍做空TSLA ETF-Direxion","BK4543":"AI","LU0823411888.USD":"法巴消费创新基金 Cap","TSLT":"2倍做多TSLA ETF-T-Rex","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","BK4511":"特斯拉概念","TSLW":"TSLA周配息ETF-Roundhill","BK4534":"瑞士信贷持仓","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","TSLY":"TSLA期权收益策略ETF-YieldMax","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","TSLZ":"2倍做空TSLA ETF-T-Rex","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4516":"特朗普概念","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","BK4592":"伊斯兰概念","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","BK4548":"巴美列捷福持仓","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","07766":"南方两倍做多特斯拉","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4099":"汽车制造商","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","BK4585":"ETF&股票定投概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","BK4555":"新能源车","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","AMZN":"亚马逊","BK4588":"碎股","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4550":"红杉资本持仓","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","TLA":"GraniteShares Autocallable TSLA ETF","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","UFO":"Procure Space ETF","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","GOOG":"谷歌","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","TSDD":"2倍做空TSLA ETF-GraniteShares","META":"Meta Platforms, Inc.","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","TSYY":"收益增强TSLA ETF-GraniteShares","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4604":"机器人概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","TSLA":"特斯拉","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4527":"明星科技股","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","TSII":"REX TSLA Growth & Income ETF","NVDA":"英伟达","MSFT":"微软","TSL":"1.25倍做多TSLA ETF-GraniteShares","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","TSLI":"2倍做多TSLA ETF-ProShares","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC"},"source_url":"https://tech.ifeng.com/c/8sgaecH0hXO","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2630342849","content_text":"凤凰网科技讯 4月28日,据《商业内幕》报道,多年来,特斯拉在销售其电动汽车时一直以“未来可实现自动驾驶”为卖点。如今,一些车主可能面临被“抛弃”的命运。图1:马斯克称HW3车型无法升级无监督版FSD在上周三的特斯拉财报电话会议上,埃隆·马斯克(Elon Musk)表示,2023年之前出厂的特斯拉车辆配备的是上一代Hardware 3计算机,将无法实现完全无监督的全自动驾驶(FSD)。 “我希望情况并非如此,但Hardware 3确实不具备实现无监督FSD的能力。”马斯克称。马斯克表示,特斯拉将为搭载Hardware 3计算机汽车的车主提供两种选择:一是“优惠价以旧换新”,二是在主要城市的“微型工厂”为其车辆更换计算机和摄像头(很复杂)。这一消息对长期支持特斯拉的车主来说是一个重大打击。他们支付了数千美元,并苦等多年,一直以为自己的车辆拥有实现完全自动驾驶所需的技术。早在2016年,特斯拉就曾在营销材料中宣称,其所有车辆都配备了实现“完全自动驾驶能力”所需的硬件,且“安全水平将远超人类驾驶员”。图2:马斯克曾称2016年后的车型配置FSD硬件马斯克曾在2019年的推文中表示,自2016年以来生产的所有特斯拉车辆都具备实现FSD所需的硬件,或者“非常容易升级”。挂羊头卖狗肉安德鲁·阿珀利(Andrew Apperley)在2023年以5.3万美元购买了一辆配备FSD功能的二手2018款Model 3。“现在的感觉就像是(特斯拉)挂羊头卖狗肉(bait and switch)。”阿珀利称。他表示,特斯拉和马斯克当初不断强调这一功能“即将实现”,但最终却一直没有兑现,“某种程度上是搬起石头砸了自己的脚”。在长期等待“无监督FSD”无果之后,搭载Hardware 3计算机汽车的车主未来可能会很难再信任特斯拉和马斯克的承诺。愿意等待里克·弗拉什曼(Rick Flashman)在2022年购买他的Model 3时为FSD支付了1万美元。他告诉《商业内幕》,尽管特斯拉向他提供了越来越慷慨的以旧换新报价,但他对把自己的电动车换成配备最新硬件的车辆不感兴趣。弗拉什曼说:“我的车状态很好,已经跑了7.3万英里,开起来完全没问题,所以我没有理由升级。”图3:弗拉什曼这位来自佛罗里达州的车主表示,FSD是他购买特斯拉的主要原因之一,并称自己在超过90%的驾驶场景中都会使用该功能。在美国,搭载Hardware 3的车辆运行的是功能相对受限的FSD版本,而特斯拉计划在6月为旧车型推出FSD v14的“精简版(lite)”。尽管车辆能力有限,弗拉什曼仍表示对当前技术整体满意,并愿意等待马斯克在上周三承诺的系统升级。“可能还要再等一年,但我属于那种愿意继续等待的人,”他表示,“我当然希望能更快实现,但我不觉得自己被坑了。”FSD一般般马特·西蒙斯(Matt Simmons)是一位特斯拉车主,在2019年购买了他的Model 3 Performance。他告诉《商业内幕》,当时他因为好奇人们对FSD的热捧,便额外支付了6000美元加装了这个功能。七年后,他表示自己很少使用这一功能。“说实话,这东西挺烂的。”西蒙斯说。他表示,自己在高速公路上行驶时不会使用FSD,因为该软件的速度控制存在问题。这位匹兹堡居民表示,他的特斯拉汽车“早就付清了贷款”,并称自己没有任何打算将其置换为更先进的车型。潜在诉讼本月早些时候,特斯拉终于获得了在荷兰推出FSD的许可,这标志着该技术在经过长达一年的监管游说后首次登陆欧洲。图4:西格特曼斯准备起诉然而,此次在荷兰的推出将Hardware 3车主排除在外。这促使阿姆斯特丹风投公司Ryde Ventures高管米沙·西格特曼斯(Mischa Sigtermans)创建了一个网站,召集欧洲特斯拉车主,准备采取潜在的法律行动。目前已有近4000名经认证的特斯拉车主在西格特曼斯的网站上注册。西格特曼斯是一名Model 3车主,他在2019年为FSD支付了6400欧元(约合7530美元)。他告诉《商业内幕》,马斯克的言论证实了许多车主最担心的事情,并表示所谓的“折价以旧换新”解决方案只会让车主们“为同一个被违背的承诺付两次钱”。“马斯克把我们许多人几个月甚至几年来一直在说的话大声讲了出来。承认问题摆在那儿,但解决方案却不在。”西格特曼斯表示。(作者/箫雨)更多一手新闻,欢迎下载凤凰新闻客户端订阅凤凰网科技。想看深度报道,请微信搜索“凤凰网科技”。","news_type":1,"symbols_score_info":{"NVDA":0.6,"TSLW":0.6,"TSYY":0.6,"TSLZ":0.6,"07766":0.6,"TLA":0.6,"TSLP":0.6,"MSFT":0.6,"TSLS":0.6,"TSLY":0.6,"TSLR":0.6,"AAPL":0.6,"UFO":0.6,"TESL":0.6,"TSLO":0.6,"TSII":0.6,"TSLA":1.98,"TSLQ":0.6,"TSDD":0.6,"AMZN":0.6,"TSL":0.6,"TSLI":0.6,"META":0.6,"GOOG":0.6,"TEST":0.6,"TSLG":0.6,"CRSH":0.6,"TSLT":0.6}},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":556649564104944,"gmtCreate":1776929354920,"gmtModify":1776929358166,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"不画饼谁买[开心]编也要编故事出来,hw3的硬件终于承认无法实现完全fsd了,其他的还会有什么认输的呢?","listText":"不画饼谁买[开心]编也要编故事出来,hw3的硬件终于承认无法实现完全fsd了,其他的还会有什么认输的呢?","text":"不画饼谁买[开心]编也要编故事出来,hw3的硬件终于承认无法实现完全fsd了,其他的还会有什么认输的呢?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/556649564104944","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":556575736263192,"gmtCreate":1776911252698,"gmtModify":1776911255512,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"远程畜牧业能否在盘中发力[开心] 今年也是靠嘴的一年","listText":"远程畜牧业能否在盘中发力[开心] 今年也是靠嘴的一年","text":"远程畜牧业能否在盘中发力[开心] 今年也是靠嘴的一年","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/556575736263192","repostId":"1109495171","repostType":2,"repost":{"id":"1109495171","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点,精选影响您财富的资讯,投资理财必备神器!","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1776895208,"share":"https://www.laohu8.com/m/news/1109495171?lang=zh_CN&edition=full","pubTime":"2026-04-23 06:00","market":"us","language":"zh","title":"特斯拉Q1营收创近两年最高增速,盈利大超预期,现金流翻倍","url":"https://stock-news.laohu8.com/highlight/detail?id=1109495171","media":"华尔街见闻","summary":"毛利率不降反升至21%,创三年新高。","content":"<html><head></head><body><p>特斯拉交出了一份明显强于华尔街预期的季报,让市场对这家电动汽车巨头销量放缓、毛利承压、现金流吃紧的担忧暂时缓和。</p><p style=\"text-align: justify;\">美东时间22日周三美股盘后,特斯拉公布,<strong>2026年第一季度的营业收入同比两位数大增,创将近两年来最强劲增速,扭转四季度的下滑势头。当季每股收益(EPS)更是较分析师共识预期高两成以上。毛利率不降反升,在去年四季度重回20%一线后,进一步升至三年多来最高水平,经营现金流、自由现金流均优于市场此前的悲观定价。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/383a24eb78b1d6fcc141ae9306e97a65\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: justify;\">特斯拉在财报中强调,汽车业务存在与质保、关税相关的一次性收益,同时服务等高毛利或改善中的业务贡献增加,叠加原材料成本下降与汇率的正向影响,共同推升了利润表现。特斯拉称,发现在亚太区和南美市场,公司汽车的需求持续增长,在欧洲、中东、非洲和北美,需求反弹。</p><p style=\"text-align: justify;\">现金流是本次财报最大的“惊喜”。华尔街原本预计特斯拉一季度的自由现金流转为负值,而实际现金流同比翻了一倍多,当季资本支出较分析师预期低四成。虽然特斯拉仍在加码Cortex算力、Dojo芯片、无人驾驶出租车服务Robotaxi与人形机器人Optimus产线,以及电池材料等垂直整合项目,但至少从一季度的财报看,投资的强度并未在账面上拖累现金流。</p><p style=\"text-align: justify;\">财报公布后,周三仅小幅收涨近0.3%的特斯拉股价盘后拉升,盘后涨幅曾超过4%。分析认为,驱动股价盘后走强的核心,是盈利与现金流同时好于预期叠加Robotaxi和自动驾驶软件FSD进展带来的叙事强化。</p><h2 id=\"bbc95ae8\">营收小幅超预期 毛利率不降反升 费用续增</h2><p style=\"text-align: justify;\">特斯拉今年第一季度总营收223.87亿美元,同比增长16%,创2023年第二季度以来最高同比增速,而四季度同比下降3%。一季度非GAAP口径下调整后EPS同比增长52%至0.41美元,较分析师预期0.34美元高20.6%,四季度同比下降17%。</p><p style=\"text-align: justify;\">分业务看:</p><ul style=\"\"><li><p>汽车业务营收162.34亿美元,同比增16%,仍是基本盘,四季度同比下降10%;</p></li><li><p>能源发电与储能营收24.08亿美元,同比降12%,成为主要拖累项,四季度同比增长25%;</p></li><li><p>服务及其他营收37.45亿美元,同比增42%,成为本季最大增量来源,四季度同比增长18%。</p></li></ul><p style=\"text-align: justify;\">毛利端改善更为突出:</p><ul style=\"\"><li><p>一季度总毛利47.20亿美元,同比增长50%,为四季度增速20%的两倍多。</p></li><li><p>一季度GAAP口径下毛利率由四季度的20.1%提升至21.1%,创2022年第四季度以来单季新高,同比提升478个基点,而分析师预计当季毛利率为17.7%、同比仅提高约14个基点、环比还下降24个基点。</p></li><li><p>一季度营业利润9.41亿美元、营业利润率4.2%,同比提升214个基点,但较四季度的毛利率5.7%有所回落,主要受费用端扩张影响。</p></li></ul><p style=\"text-align: justify;\">费用方面,一季度运营费用37.79亿美元,同比增37%,其中研发19.46亿美元、销售及管理18.33亿美元,均明显上行。</p><p style=\"text-align: justify;\">特斯拉也在财报中点明,AI与其他研发项目、CEO奖励相关股权激励(SBC)以及销售、管理及行政费用(SG&A)是费用增长的重要来源。这意味着短期利润改善的“确定性”仍需与中长期投入强度共同评估。</p><h2 id=\"b43ebf02\">汽车业务交付同比回升 但库存天数增加与“区域化”策略并行</h2><p style=\"text-align: justify;\">经营数据方面,一季度特斯拉交付35.80万辆,同比增6%;产量40.84万辆,同比增13%。在特斯拉的口径中,亚太区(APAC)与南美市场的需求继续增长,欧洲、中东和非洲(EMEA)与北美的需求出现反弹。</p><p style=\"text-align: justify;\">但需要注意两点结构性信号:</p><ol start=\"1\" style=\"\"><li><p style=\"text-align: justify;\">库存压力上行:一季度全球车辆库存“供给天数”升至27天,高于去年同期的22天和四季度的15天。在交付同比增长的同时库存天数走高,通常意味着供需匹配仍在调整,后续可能继续依赖促销、金融方案、产品结构变化或区域调配来消化。</p></li><li><p style=\"text-align: justify;\">产品组合向“自动驾驶未来”倾斜:特斯拉强调正优化车型组合,继续推进Model 3/Y全球不同版本,包括两款车的更平价版本与Model YL在中国以外市场推出,并披露Cybertruck已开始在阿联酋交付。</p></li></ol><p style=\"text-align: justify;\">特斯拉同时重申,预计Robotaxi专属产品Cybercab与Semi卡车将在今年量产。换言之,当前处于试生产/准备阶段。这也意味着汽车业务的“故事线”正从“卖车规模”进一步向“车队化、服务化”过渡。</p><h2 id=\"megapack-3\">能源业务收入回落 但Megapack 3与产能扩张仍在铺垫</h2><p style=\"text-align: justify;\">特斯拉的能源发电与储能一季度营收24.08亿美元,同比下降12%;储能部署装机量同比下降15%至8.8吉瓦时(GWh),较四季度的创纪录水平环比锐减38%。</p><p style=\"text-align: justify;\">在特斯拉的业务节奏中,能源端更容易受项目确认与交付节奏影响,季度波动并不罕见。</p><p style=\"text-align: justify;\">更值得关注的是产能与产品迭代的中期铺垫。</p><p style=\"text-align: justify;\">特斯拉披露,休斯敦附近的新超级工厂(Megafactory)持续取得进展,该工厂将为储能系统Megablock生产Megapack 3储能单元,预计今年晚些时候启动生产。</p><p style=\"text-align: justify;\">同时,特斯拉开始向客户大规模部署并交付纽约超级工厂制造的自主设计太阳能板电池板。该司称,这款新型电池板拥有18个独立的发电区域,数量是传统家用电池板的3倍,使其能够在光照受遮挡的环境下,依然稳定、高效地输出更多电能。该产品在其他方面也实现创新,例如外观设计更加美观,且安装过程更为简便、快捷。</p><p style=\"text-align: justify;\">评论认为,这是特斯拉在强调分区发电能力与安装效率。若后续储能出货恢复,能源业务对毛利的贡献弹性仍在。</p><h2 id=\"fsd-robotaxi\">服务与软件:FSD订阅与Robotaxi里程拉动,非卖车收入加速抬头</h2><p style=\"text-align: justify;\">本季最亮眼的结构变化来自服务与软件相关收入:服务及其他营收37.45亿美元,同比大增42%。从利润表拆分看,服务业务毛利也明显改善,成本增幅低于收入增幅,成为一季度推升整体毛利的重要力量之一。</p><p style=\"text-align: justify;\">运营指标上,特斯拉披露:</p><ul style=\"\"><li><p>FSD订阅数128万,同比增长51%、环比增约16%;</p></li><li><p>监督版FSD(Supervised)今年4月获荷兰批准,为后续欧盟更多国家审批“开路”;</p></li><li><p>开始将FSD(Supervised)向“仅订阅”模式迁移,意在提升持续性收入与渗透率。</p></li></ul><p style=\"text-align: justify;\">Robotaxi方面,特斯拉称一季度付费Robotaxi行驶里程环比接近翻倍,并在4月将无人类监督员的Robotaxi服务扩展到达拉斯与休斯敦,在奥斯汀继续扩大无监督运行范围,同时披露更多美国城市处于准备阶段。</p><p style=\"text-align: justify;\">对资本市场而言,这类进展对估值影响往往大于短期交付数字:一旦Robotaxi从“小范围运营”走向“规模化可复制”,特斯拉利润模型就会从“硬件毛利”转向“车队+软件”的复利结构。</p><h2 id=\"id_1718542145\" style=\"text-align: start;\">Q2启动Optimus工厂筹备 第二代产线目标年产1000万台</h2><p style=\"text-align: justify;\">机器人业务方面,特斯拉披露,公司首座大规模Optimus工厂的筹备工作将于第二季度正式启动。这条专为年产 100 万台机器人而设计的第一代产线,将取代加州弗里蒙特工厂现有的 Model S 和 Model X 产线。</p><p style=\"text-align: justify;\">此外,特斯拉正着手为得州超级工厂筹备第二代产线,该产线的设计目标是实现1000万台机器人的长期年产能。</p><h2 id=\"ai-cortex-2-dojo-3\">AI与垂直整合:Cortex 2上线、Dojo 3推进,自研芯片与产能瓶颈并存</h2><p style=\"text-align: justify;\">AI基础设施方面,特斯拉披露,位于得州超级工厂的第二代AI训练超级计算机集群——Cortex 2已上线并开始训练负载,正持续扩充现场训练基础设施,确保为公司的AI产品与服务的开发提供充足的计算资源。</p><p style=\"text-align: justify;\">同时,特斯拉在继续推进基于超级计算机项目Dojo 3 的定制芯片研发工作,旨在随着时间的推移逐步降低训练成本。</p><p style=\"text-align: justify;\">更激进的是,特斯拉提出扩展到半导体制造:与SpaceX合作打造大型芯片工厂,并从得州工厂园区内的研究型晶圆厂起步。特斯拉称,4月已完成下一代AI推理处理器的流片。</p><p style=\"text-align: justify;\">电池与材料端,特斯拉在内华达的LFP电芯产线已开始爬坡,在得州推进阴极材料与锂精炼,并强调“电池包产能仍是整车爬坡的限制因素”。这类表述通常意味着:短期交付更多由供应链与制造节拍决定,而不是单纯“有没有订单”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/740f96594f4f028a09fedfff314f297b\" title=\"\" tg-width=\"1025\" tg-height=\"552\"/></p><h2 id=\"fcf-capex\">自由现金流远超预期 资本支出偏低可能是节奏而非强度变化</h2><p style=\"text-align: justify;\">一季度特斯拉:</p><ul style=\"\"><li><p>经营现金流39.37亿美元,同比增长83%。</p></li><li><p>资本支出24.93亿美元,同比增长67%,较分析师预期的41.8亿美元低约40.4%。</p></li><li><p>自由现金流14.44亿美元,同比增长117%,分析师预期为-18.6亿美元,四季度同比降30%至14.2亿美元。</p></li></ul><p style=\"text-align: justify;\">特斯拉的资本支出低于预期是一季度现金流超预期的重要原因之一,但不能简单解读为投资收缩。</p><p style=\"text-align: justify;\">特斯拉在财报中反复强调,正在推进多项多年期基础设施建设(算力、太阳能、电池材料、半导体制造、Cybercab/Semi/Megapack 3、Optimus工厂等)。从这个角度看,支出更像是在季度间摆动、但增长的总体方向不变。</p><p style=\"text-align: justify;\">资产负债表方面,一季度末,特斯拉的现金及短期投资447.43亿美元,环比增加约7亿美元。公司披露,现金增加的同时还发生了20.02亿美元的SpaceX股权投资,说明其流动性仍较充裕,也愿意在“AI生态/盟友链条”上做更深绑定。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/286efb0fd428cf2ed1372319cec7d7b4\" title=\"\" tg-width=\"1016\" tg-height=\"547\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>特斯拉Q1营收创近两年最高增速,盈利大超预期,现金流翻倍</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉Q1营收创近两年最高增速,盈利大超预期,现金流翻倍\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-04-23 06:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>特斯拉交出了一份明显强于华尔街预期的季报,让市场对这家电动汽车巨头销量放缓、毛利承压、现金流吃紧的担忧暂时缓和。</p><p style=\"text-align: justify;\">美东时间22日周三美股盘后,特斯拉公布,<strong>2026年第一季度的营业收入同比两位数大增,创将近两年来最强劲增速,扭转四季度的下滑势头。当季每股收益(EPS)更是较分析师共识预期高两成以上。毛利率不降反升,在去年四季度重回20%一线后,进一步升至三年多来最高水平,经营现金流、自由现金流均优于市场此前的悲观定价。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/383a24eb78b1d6fcc141ae9306e97a65\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: justify;\">特斯拉在财报中强调,汽车业务存在与质保、关税相关的一次性收益,同时服务等高毛利或改善中的业务贡献增加,叠加原材料成本下降与汇率的正向影响,共同推升了利润表现。特斯拉称,发现在亚太区和南美市场,公司汽车的需求持续增长,在欧洲、中东、非洲和北美,需求反弹。</p><p style=\"text-align: justify;\">现金流是本次财报最大的“惊喜”。华尔街原本预计特斯拉一季度的自由现金流转为负值,而实际现金流同比翻了一倍多,当季资本支出较分析师预期低四成。虽然特斯拉仍在加码Cortex算力、Dojo芯片、无人驾驶出租车服务Robotaxi与人形机器人Optimus产线,以及电池材料等垂直整合项目,但至少从一季度的财报看,投资的强度并未在账面上拖累现金流。</p><p style=\"text-align: justify;\">财报公布后,周三仅小幅收涨近0.3%的特斯拉股价盘后拉升,盘后涨幅曾超过4%。分析认为,驱动股价盘后走强的核心,是盈利与现金流同时好于预期叠加Robotaxi和自动驾驶软件FSD进展带来的叙事强化。</p><h2 id=\"bbc95ae8\">营收小幅超预期 毛利率不降反升 费用续增</h2><p style=\"text-align: justify;\">特斯拉今年第一季度总营收223.87亿美元,同比增长16%,创2023年第二季度以来最高同比增速,而四季度同比下降3%。一季度非GAAP口径下调整后EPS同比增长52%至0.41美元,较分析师预期0.34美元高20.6%,四季度同比下降17%。</p><p style=\"text-align: justify;\">分业务看:</p><ul style=\"\"><li><p>汽车业务营收162.34亿美元,同比增16%,仍是基本盘,四季度同比下降10%;</p></li><li><p>能源发电与储能营收24.08亿美元,同比降12%,成为主要拖累项,四季度同比增长25%;</p></li><li><p>服务及其他营收37.45亿美元,同比增42%,成为本季最大增量来源,四季度同比增长18%。</p></li></ul><p style=\"text-align: justify;\">毛利端改善更为突出:</p><ul style=\"\"><li><p>一季度总毛利47.20亿美元,同比增长50%,为四季度增速20%的两倍多。</p></li><li><p>一季度GAAP口径下毛利率由四季度的20.1%提升至21.1%,创2022年第四季度以来单季新高,同比提升478个基点,而分析师预计当季毛利率为17.7%、同比仅提高约14个基点、环比还下降24个基点。</p></li><li><p>一季度营业利润9.41亿美元、营业利润率4.2%,同比提升214个基点,但较四季度的毛利率5.7%有所回落,主要受费用端扩张影响。</p></li></ul><p style=\"text-align: justify;\">费用方面,一季度运营费用37.79亿美元,同比增37%,其中研发19.46亿美元、销售及管理18.33亿美元,均明显上行。</p><p style=\"text-align: justify;\">特斯拉也在财报中点明,AI与其他研发项目、CEO奖励相关股权激励(SBC)以及销售、管理及行政费用(SG&A)是费用增长的重要来源。这意味着短期利润改善的“确定性”仍需与中长期投入强度共同评估。</p><h2 id=\"b43ebf02\">汽车业务交付同比回升 但库存天数增加与“区域化”策略并行</h2><p style=\"text-align: justify;\">经营数据方面,一季度特斯拉交付35.80万辆,同比增6%;产量40.84万辆,同比增13%。在特斯拉的口径中,亚太区(APAC)与南美市场的需求继续增长,欧洲、中东和非洲(EMEA)与北美的需求出现反弹。</p><p style=\"text-align: justify;\">但需要注意两点结构性信号:</p><ol start=\"1\" style=\"\"><li><p style=\"text-align: justify;\">库存压力上行:一季度全球车辆库存“供给天数”升至27天,高于去年同期的22天和四季度的15天。在交付同比增长的同时库存天数走高,通常意味着供需匹配仍在调整,后续可能继续依赖促销、金融方案、产品结构变化或区域调配来消化。</p></li><li><p style=\"text-align: justify;\">产品组合向“自动驾驶未来”倾斜:特斯拉强调正优化车型组合,继续推进Model 3/Y全球不同版本,包括两款车的更平价版本与Model YL在中国以外市场推出,并披露Cybertruck已开始在阿联酋交付。</p></li></ol><p style=\"text-align: justify;\">特斯拉同时重申,预计Robotaxi专属产品Cybercab与Semi卡车将在今年量产。换言之,当前处于试生产/准备阶段。这也意味着汽车业务的“故事线”正从“卖车规模”进一步向“车队化、服务化”过渡。</p><h2 id=\"megapack-3\">能源业务收入回落 但Megapack 3与产能扩张仍在铺垫</h2><p style=\"text-align: justify;\">特斯拉的能源发电与储能一季度营收24.08亿美元,同比下降12%;储能部署装机量同比下降15%至8.8吉瓦时(GWh),较四季度的创纪录水平环比锐减38%。</p><p style=\"text-align: justify;\">在特斯拉的业务节奏中,能源端更容易受项目确认与交付节奏影响,季度波动并不罕见。</p><p style=\"text-align: justify;\">更值得关注的是产能与产品迭代的中期铺垫。</p><p style=\"text-align: justify;\">特斯拉披露,休斯敦附近的新超级工厂(Megafactory)持续取得进展,该工厂将为储能系统Megablock生产Megapack 3储能单元,预计今年晚些时候启动生产。</p><p style=\"text-align: justify;\">同时,特斯拉开始向客户大规模部署并交付纽约超级工厂制造的自主设计太阳能板电池板。该司称,这款新型电池板拥有18个独立的发电区域,数量是传统家用电池板的3倍,使其能够在光照受遮挡的环境下,依然稳定、高效地输出更多电能。该产品在其他方面也实现创新,例如外观设计更加美观,且安装过程更为简便、快捷。</p><p style=\"text-align: justify;\">评论认为,这是特斯拉在强调分区发电能力与安装效率。若后续储能出货恢复,能源业务对毛利的贡献弹性仍在。</p><h2 id=\"fsd-robotaxi\">服务与软件:FSD订阅与Robotaxi里程拉动,非卖车收入加速抬头</h2><p style=\"text-align: justify;\">本季最亮眼的结构变化来自服务与软件相关收入:服务及其他营收37.45亿美元,同比大增42%。从利润表拆分看,服务业务毛利也明显改善,成本增幅低于收入增幅,成为一季度推升整体毛利的重要力量之一。</p><p style=\"text-align: justify;\">运营指标上,特斯拉披露:</p><ul style=\"\"><li><p>FSD订阅数128万,同比增长51%、环比增约16%;</p></li><li><p>监督版FSD(Supervised)今年4月获荷兰批准,为后续欧盟更多国家审批“开路”;</p></li><li><p>开始将FSD(Supervised)向“仅订阅”模式迁移,意在提升持续性收入与渗透率。</p></li></ul><p style=\"text-align: justify;\">Robotaxi方面,特斯拉称一季度付费Robotaxi行驶里程环比接近翻倍,并在4月将无人类监督员的Robotaxi服务扩展到达拉斯与休斯敦,在奥斯汀继续扩大无监督运行范围,同时披露更多美国城市处于准备阶段。</p><p style=\"text-align: justify;\">对资本市场而言,这类进展对估值影响往往大于短期交付数字:一旦Robotaxi从“小范围运营”走向“规模化可复制”,特斯拉利润模型就会从“硬件毛利”转向“车队+软件”的复利结构。</p><h2 id=\"id_1718542145\" style=\"text-align: start;\">Q2启动Optimus工厂筹备 第二代产线目标年产1000万台</h2><p style=\"text-align: justify;\">机器人业务方面,特斯拉披露,公司首座大规模Optimus工厂的筹备工作将于第二季度正式启动。这条专为年产 100 万台机器人而设计的第一代产线,将取代加州弗里蒙特工厂现有的 Model S 和 Model X 产线。</p><p style=\"text-align: justify;\">此外,特斯拉正着手为得州超级工厂筹备第二代产线,该产线的设计目标是实现1000万台机器人的长期年产能。</p><h2 id=\"ai-cortex-2-dojo-3\">AI与垂直整合:Cortex 2上线、Dojo 3推进,自研芯片与产能瓶颈并存</h2><p style=\"text-align: justify;\">AI基础设施方面,特斯拉披露,位于得州超级工厂的第二代AI训练超级计算机集群——Cortex 2已上线并开始训练负载,正持续扩充现场训练基础设施,确保为公司的AI产品与服务的开发提供充足的计算资源。</p><p style=\"text-align: justify;\">同时,特斯拉在继续推进基于超级计算机项目Dojo 3 的定制芯片研发工作,旨在随着时间的推移逐步降低训练成本。</p><p style=\"text-align: justify;\">更激进的是,特斯拉提出扩展到半导体制造:与SpaceX合作打造大型芯片工厂,并从得州工厂园区内的研究型晶圆厂起步。特斯拉称,4月已完成下一代AI推理处理器的流片。</p><p style=\"text-align: justify;\">电池与材料端,特斯拉在内华达的LFP电芯产线已开始爬坡,在得州推进阴极材料与锂精炼,并强调“电池包产能仍是整车爬坡的限制因素”。这类表述通常意味着:短期交付更多由供应链与制造节拍决定,而不是单纯“有没有订单”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/740f96594f4f028a09fedfff314f297b\" title=\"\" tg-width=\"1025\" tg-height=\"552\"/></p><h2 id=\"fcf-capex\">自由现金流远超预期 资本支出偏低可能是节奏而非强度变化</h2><p style=\"text-align: justify;\">一季度特斯拉:</p><ul style=\"\"><li><p>经营现金流39.37亿美元,同比增长83%。</p></li><li><p>资本支出24.93亿美元,同比增长67%,较分析师预期的41.8亿美元低约40.4%。</p></li><li><p>自由现金流14.44亿美元,同比增长117%,分析师预期为-18.6亿美元,四季度同比降30%至14.2亿美元。</p></li></ul><p style=\"text-align: justify;\">特斯拉的资本支出低于预期是一季度现金流超预期的重要原因之一,但不能简单解读为投资收缩。</p><p style=\"text-align: justify;\">特斯拉在财报中反复强调,正在推进多项多年期基础设施建设(算力、太阳能、电池材料、半导体制造、Cybercab/Semi/Megapack 3、Optimus工厂等)。从这个角度看,支出更像是在季度间摆动、但增长的总体方向不变。</p><p style=\"text-align: justify;\">资产负债表方面,一季度末,特斯拉的现金及短期投资447.43亿美元,环比增加约7亿美元。公司披露,现金增加的同时还发生了20.02亿美元的SpaceX股权投资,说明其流动性仍较充裕,也愿意在“AI生态/盟友链条”上做更深绑定。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/286efb0fd428cf2ed1372319cec7d7b4\" title=\"\" tg-width=\"1016\" tg-height=\"547\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8350896f4f33c86bc28f200b67ab82b4","relate_stocks":{"TSLL":"2倍做多TSLA ETF-Direxion","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","TESL":"Simplify Volt TSLA Revolution ETF","TSLP":"TSLA收益溢价策略ETF-Kurv","TLA":"GraniteShares Autocallable TSLA ETF","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","TSLQ":"2倍做空TSLA ETF-Tradr","TSLR":"2倍做多TSLA ETF-GraniteShares","TSLS":"1倍做空TSLA ETF-Direxion","TSLT":"2倍做多TSLA ETF-T-Rex","TSII":"REX TSLA Growth & Income ETF","TSLW":"TSLA周配息ETF-Roundhill","TSL":"1.25倍做多TSLA ETF-GraniteShares","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","TSLA":"特斯拉","TSLY":"TSLA期权收益策略ETF-YieldMax","TSLG":"2倍做多TSLA ETF-Leverage Shares","TSLZ":"2倍做空TSLA ETF-T-Rex","TSDD":"2倍做空TSLA ETF-GraniteShares","TSLI":"2倍做多TSLA ETF-ProShares","TSYY":"收益增强TSLA ETF-GraniteShares"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109495171","content_text":"特斯拉交出了一份明显强于华尔街预期的季报,让市场对这家电动汽车巨头销量放缓、毛利承压、现金流吃紧的担忧暂时缓和。美东时间22日周三美股盘后,特斯拉公布,2026年第一季度的营业收入同比两位数大增,创将近两年来最强劲增速,扭转四季度的下滑势头。当季每股收益(EPS)更是较分析师共识预期高两成以上。毛利率不降反升,在去年四季度重回20%一线后,进一步升至三年多来最高水平,经营现金流、自由现金流均优于市场此前的悲观定价。特斯拉在财报中强调,汽车业务存在与质保、关税相关的一次性收益,同时服务等高毛利或改善中的业务贡献增加,叠加原材料成本下降与汇率的正向影响,共同推升了利润表现。特斯拉称,发现在亚太区和南美市场,公司汽车的需求持续增长,在欧洲、中东、非洲和北美,需求反弹。现金流是本次财报最大的“惊喜”。华尔街原本预计特斯拉一季度的自由现金流转为负值,而实际现金流同比翻了一倍多,当季资本支出较分析师预期低四成。虽然特斯拉仍在加码Cortex算力、Dojo芯片、无人驾驶出租车服务Robotaxi与人形机器人Optimus产线,以及电池材料等垂直整合项目,但至少从一季度的财报看,投资的强度并未在账面上拖累现金流。财报公布后,周三仅小幅收涨近0.3%的特斯拉股价盘后拉升,盘后涨幅曾超过4%。分析认为,驱动股价盘后走强的核心,是盈利与现金流同时好于预期叠加Robotaxi和自动驾驶软件FSD进展带来的叙事强化。营收小幅超预期 毛利率不降反升 费用续增特斯拉今年第一季度总营收223.87亿美元,同比增长16%,创2023年第二季度以来最高同比增速,而四季度同比下降3%。一季度非GAAP口径下调整后EPS同比增长52%至0.41美元,较分析师预期0.34美元高20.6%,四季度同比下降17%。分业务看:汽车业务营收162.34亿美元,同比增16%,仍是基本盘,四季度同比下降10%;能源发电与储能营收24.08亿美元,同比降12%,成为主要拖累项,四季度同比增长25%;服务及其他营收37.45亿美元,同比增42%,成为本季最大增量来源,四季度同比增长18%。毛利端改善更为突出:一季度总毛利47.20亿美元,同比增长50%,为四季度增速20%的两倍多。一季度GAAP口径下毛利率由四季度的20.1%提升至21.1%,创2022年第四季度以来单季新高,同比提升478个基点,而分析师预计当季毛利率为17.7%、同比仅提高约14个基点、环比还下降24个基点。一季度营业利润9.41亿美元、营业利润率4.2%,同比提升214个基点,但较四季度的毛利率5.7%有所回落,主要受费用端扩张影响。费用方面,一季度运营费用37.79亿美元,同比增37%,其中研发19.46亿美元、销售及管理18.33亿美元,均明显上行。特斯拉也在财报中点明,AI与其他研发项目、CEO奖励相关股权激励(SBC)以及销售、管理及行政费用(SG&A)是费用增长的重要来源。这意味着短期利润改善的“确定性”仍需与中长期投入强度共同评估。汽车业务交付同比回升 但库存天数增加与“区域化”策略并行经营数据方面,一季度特斯拉交付35.80万辆,同比增6%;产量40.84万辆,同比增13%。在特斯拉的口径中,亚太区(APAC)与南美市场的需求继续增长,欧洲、中东和非洲(EMEA)与北美的需求出现反弹。但需要注意两点结构性信号:库存压力上行:一季度全球车辆库存“供给天数”升至27天,高于去年同期的22天和四季度的15天。在交付同比增长的同时库存天数走高,通常意味着供需匹配仍在调整,后续可能继续依赖促销、金融方案、产品结构变化或区域调配来消化。产品组合向“自动驾驶未来”倾斜:特斯拉强调正优化车型组合,继续推进Model 3/Y全球不同版本,包括两款车的更平价版本与Model YL在中国以外市场推出,并披露Cybertruck已开始在阿联酋交付。特斯拉同时重申,预计Robotaxi专属产品Cybercab与Semi卡车将在今年量产。换言之,当前处于试生产/准备阶段。这也意味着汽车业务的“故事线”正从“卖车规模”进一步向“车队化、服务化”过渡。能源业务收入回落 但Megapack 3与产能扩张仍在铺垫特斯拉的能源发电与储能一季度营收24.08亿美元,同比下降12%;储能部署装机量同比下降15%至8.8吉瓦时(GWh),较四季度的创纪录水平环比锐减38%。在特斯拉的业务节奏中,能源端更容易受项目确认与交付节奏影响,季度波动并不罕见。更值得关注的是产能与产品迭代的中期铺垫。特斯拉披露,休斯敦附近的新超级工厂(Megafactory)持续取得进展,该工厂将为储能系统Megablock生产Megapack 3储能单元,预计今年晚些时候启动生产。同时,特斯拉开始向客户大规模部署并交付纽约超级工厂制造的自主设计太阳能板电池板。该司称,这款新型电池板拥有18个独立的发电区域,数量是传统家用电池板的3倍,使其能够在光照受遮挡的环境下,依然稳定、高效地输出更多电能。该产品在其他方面也实现创新,例如外观设计更加美观,且安装过程更为简便、快捷。评论认为,这是特斯拉在强调分区发电能力与安装效率。若后续储能出货恢复,能源业务对毛利的贡献弹性仍在。服务与软件:FSD订阅与Robotaxi里程拉动,非卖车收入加速抬头本季最亮眼的结构变化来自服务与软件相关收入:服务及其他营收37.45亿美元,同比大增42%。从利润表拆分看,服务业务毛利也明显改善,成本增幅低于收入增幅,成为一季度推升整体毛利的重要力量之一。运营指标上,特斯拉披露:FSD订阅数128万,同比增长51%、环比增约16%;监督版FSD(Supervised)今年4月获荷兰批准,为后续欧盟更多国家审批“开路”;开始将FSD(Supervised)向“仅订阅”模式迁移,意在提升持续性收入与渗透率。Robotaxi方面,特斯拉称一季度付费Robotaxi行驶里程环比接近翻倍,并在4月将无人类监督员的Robotaxi服务扩展到达拉斯与休斯敦,在奥斯汀继续扩大无监督运行范围,同时披露更多美国城市处于准备阶段。对资本市场而言,这类进展对估值影响往往大于短期交付数字:一旦Robotaxi从“小范围运营”走向“规模化可复制”,特斯拉利润模型就会从“硬件毛利”转向“车队+软件”的复利结构。Q2启动Optimus工厂筹备 第二代产线目标年产1000万台机器人业务方面,特斯拉披露,公司首座大规模Optimus工厂的筹备工作将于第二季度正式启动。这条专为年产 100 万台机器人而设计的第一代产线,将取代加州弗里蒙特工厂现有的 Model S 和 Model X 产线。此外,特斯拉正着手为得州超级工厂筹备第二代产线,该产线的设计目标是实现1000万台机器人的长期年产能。AI与垂直整合:Cortex 2上线、Dojo 3推进,自研芯片与产能瓶颈并存AI基础设施方面,特斯拉披露,位于得州超级工厂的第二代AI训练超级计算机集群——Cortex 2已上线并开始训练负载,正持续扩充现场训练基础设施,确保为公司的AI产品与服务的开发提供充足的计算资源。同时,特斯拉在继续推进基于超级计算机项目Dojo 3 的定制芯片研发工作,旨在随着时间的推移逐步降低训练成本。更激进的是,特斯拉提出扩展到半导体制造:与SpaceX合作打造大型芯片工厂,并从得州工厂园区内的研究型晶圆厂起步。特斯拉称,4月已完成下一代AI推理处理器的流片。电池与材料端,特斯拉在内华达的LFP电芯产线已开始爬坡,在得州推进阴极材料与锂精炼,并强调“电池包产能仍是整车爬坡的限制因素”。这类表述通常意味着:短期交付更多由供应链与制造节拍决定,而不是单纯“有没有订单”。自由现金流远超预期 资本支出偏低可能是节奏而非强度变化一季度特斯拉:经营现金流39.37亿美元,同比增长83%。资本支出24.93亿美元,同比增长67%,较分析师预期的41.8亿美元低约40.4%。自由现金流14.44亿美元,同比增长117%,分析师预期为-18.6亿美元,四季度同比降30%至14.2亿美元。特斯拉的资本支出低于预期是一季度现金流超预期的重要原因之一,但不能简单解读为投资收缩。特斯拉在财报中反复强调,正在推进多项多年期基础设施建设(算力、太阳能、电池材料、半导体制造、Cybercab/Semi/Megapack 3、Optimus工厂等)。从这个角度看,支出更像是在季度间摆动、但增长的总体方向不变。资产负债表方面,一季度末,特斯拉的现金及短期投资447.43亿美元,环比增加约7亿美元。公司披露,现金增加的同时还发生了20.02亿美元的SpaceX股权投资,说明其流动性仍较充裕,也愿意在“AI生态/盟友链条”上做更深绑定。","news_type":1,"symbols_score_info":{"TSLS":0.6,"TSLW":0.6,"TSLR":0.6,"TSII":0.6,"CRSH":0.6,"TSLL":0.6,"TLA":0.6,"TSLZ":0.6,"TSLT":0.6,"TESL":0.6,"TSYY":0.6,"TSDD":0.6,"TSLQ":0.6,"TEST":0.6,"TSLP":0.6,"TSLO":0.6,"TSLA":2,"TSLY":0.6,"TSL":0.6,"TSLG":0.6,"TSLI":0.6}},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":556575087472688,"gmtCreate":1776911187512,"gmtModify":1776911190322,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"等能改装已经要换车了,不如退钱,骗子乱许诺这下要吃回旋镖了[开心] ","listText":"等能改装已经要换车了,不如退钱,骗子乱许诺这下要吃回旋镖了[开心] ","text":"等能改装已经要换车了,不如退钱,骗子乱许诺这下要吃回旋镖了[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/556575087472688","repostId":"2629851008","repostType":2,"repost":{"id":"2629851008","kind":"news","pubTimestamp":1776909393,"share":"https://www.laohu8.com/m/news/2629851008?lang=zh_CN&edition=full","pubTime":"2026-04-23 09:56","market":"hk","language":"zh","title":"马斯克承认特斯拉HW3无法做到无监督FSD","url":"https://stock-news.laohu8.com/highlight/detail?id=2629851008","media":"IT之家","summary":"马斯克承认特斯拉HW3无法做到无监督FSD,将建“迷你工厂”协助升级硬件IT之家 4 月 23 日消息,据外媒 insideevs 报道,当地时间周三晚间,马斯克在今年第一季度财报电话会上承认,HW3 根本不具备实现无监督完全自动驾驶的能力,特斯拉曾一度乐观认为其能够做到。上述说法和特斯拉过去的说法已经明显不同。到了 2024 年第四季度财报电话会,马斯克才松口承认,特斯拉大概率还是得给这些车升级,只不过过程会“痛苦而艰难”。","content":"<html><body><p>马斯克承认<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>HW3无法做到无监督FSD,将建“迷你工厂”协助升级硬件</p><p>IT之家 4 月 23 日消息,据外媒 insideevs 报道,当地时间周三晚间,马斯克在今年第一季度财报电话会上承认,HW3 <strong>根本不具备实现无监督完全自动驾驶的能力</strong>,特斯拉曾一度乐观认为其能够做到。</p><p>“对于购买了 FSD 的客户,我们实际上<strong>提供的是配备 AI4 硬件车型的折价置换方案</strong>。我们也会提供升级选项,更换车上的电脑,而且很遗憾,要升到 Hardware 4,摄像头也得一起换掉。”</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_17/7BDE5CA720556EF98F739CC284C04684EE93491F_size570_w1440_h810.png\"/></p><p>上述说法和特斯拉过去的说法已经明显不同。此前,特斯拉一直说这种改装根本不可行。到了 2024 年第四季度财报电话会,马斯克才松口承认,特斯拉<strong>大概率还是得给这些车升级</strong>,只不过过程会“痛苦而艰难”。马斯克当时还半开玩笑地提到,自己“有点庆幸”买 FSD 套装的人并不算多。</p><p>对花钱买断 FSD 的车主来说,特斯拉现在拿出的解决办法,就是在美国各大都会区<strong>搭建一批迷你工厂来完成改装</strong>。马斯克提到,如果只靠服务中心来升级,速度会非常慢,效率也会很差。“我们基本上需要<strong>小型生产线</strong>来完成这次更换。长远来看,把所有 Hardware 3 车辆都改成 Hardware 4 可能更合理,因为只有这样,这些车才能加入 Robotaxi 车队,并实现无监督完全自动驾驶。”</p><p>马斯克一边承认,真正卡住 HW3 的最大瓶颈是<strong>内存带宽</strong>,另一边又提到,特斯拉正在准备一项<strong>名为“AI4”或“AI4-plus”的升级方案</strong>,把芯片组可用内存从 32GB 提高到 64GB。</p><p>马斯克还提到,等<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>把这项升级涉及的硬件改动完成后,该方案明年就会投产。“看起来,我们将能够用 HW4 实现无监督自动驾驶。”</p></body></html>","source":"fenghuang_stock","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>马斯克承认特斯拉HW3无法做到无监督FSD</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n马斯克承认特斯拉HW3无法做到无监督FSD\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-23 09:56 北京时间 <a href=https://tech.ifeng.com/c/8sYKuvdvgAA><strong>IT之家</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>马斯克承认特斯拉HW3无法做到无监督FSD,将建“迷你工厂”协助升级硬件IT之家 4 月 23 日消息,据外媒 insideevs 报道,当地时间周三晚间,马斯克在今年第一季度财报电话会上承认,HW3 根本不具备实现无监督完全自动驾驶的能力,特斯拉曾一度乐观认为其能够做到。“对于购买了 FSD 的客户,我们实际上提供的是配备 AI4 硬件车型的折价置换方案。我们也会提供升级选项,更换车上的电脑,...</p>\n\n<a href=\"https://tech.ifeng.com/c/8sYKuvdvgAA\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4592":"伊斯兰概念","TSLA":"特斯拉","TSLR":"2倍做多TSLA ETF-GraniteShares","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSLS":"1倍做空TSLA ETF-Direxion","BK4548":"巴美列捷福持仓","TSLT":"2倍做多TSLA ETF-T-Rex","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","TSLW":"TSLA周配息ETF-Roundhill","AAPL":"苹果","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","TSLY":"TSLA期权收益策略ETF-YieldMax","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","TSLZ":"2倍做空TSLA ETF-T-Rex","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TESL":"Simplify Volt TSLA Revolution ETF","BK4555":"新能源车","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","BK4612":"AI芯片","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4550":"红杉资本持仓","BK4588":"碎股","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","07766":"南方两倍做多特斯拉","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4551":"寇图资本持仓","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK4604":"机器人概念","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","GOOG":"谷歌","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","AMZN":"亚马逊","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","TLA":"GraniteShares Autocallable TSLA ETF","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","MSFT":"微软","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","UFO":"Procure Space ETF","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4516":"特朗普概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","META":"Meta Platforms, Inc.","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","TSDD":"2倍做空TSLA ETF-GraniteShares","TSYY":"收益增强TSLA ETF-GraniteShares","BK4527":"明星科技股","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4598":"佩洛西持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLQ":"2倍做空TSLA ETF-Tradr","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0082616367.USD":"摩根大通美国科技A(dist)","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","TSII":"REX TSLA Growth & Income ETF","BK4574":"无人驾驶","LU0823411888.USD":"法巴消费创新基金 Cap","TSL":"1.25倍做多TSLA ETF-GraniteShares","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","TSLG":"2倍做多TSLA ETF-Leverage Shares","BK4581":"高盛持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","TSLI":"2倍做多TSLA ETF-ProShares","BK4543":"AI","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLP":"TSLA收益溢价策略ETF-Kurv","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","NVDA":"英伟达","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC"},"source_url":"https://tech.ifeng.com/c/8sYKuvdvgAA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2629851008","content_text":"马斯克承认特斯拉HW3无法做到无监督FSD,将建“迷你工厂”协助升级硬件IT之家 4 月 23 日消息,据外媒 insideevs 报道,当地时间周三晚间,马斯克在今年第一季度财报电话会上承认,HW3 根本不具备实现无监督完全自动驾驶的能力,特斯拉曾一度乐观认为其能够做到。“对于购买了 FSD 的客户,我们实际上提供的是配备 AI4 硬件车型的折价置换方案。我们也会提供升级选项,更换车上的电脑,而且很遗憾,要升到 Hardware 4,摄像头也得一起换掉。”上述说法和特斯拉过去的说法已经明显不同。此前,特斯拉一直说这种改装根本不可行。到了 2024 年第四季度财报电话会,马斯克才松口承认,特斯拉大概率还是得给这些车升级,只不过过程会“痛苦而艰难”。马斯克当时还半开玩笑地提到,自己“有点庆幸”买 FSD 套装的人并不算多。对花钱买断 FSD 的车主来说,特斯拉现在拿出的解决办法,就是在美国各大都会区搭建一批迷你工厂来完成改装。马斯克提到,如果只靠服务中心来升级,速度会非常慢,效率也会很差。“我们基本上需要小型生产线来完成这次更换。长远来看,把所有 Hardware 3 车辆都改成 Hardware 4 可能更合理,因为只有这样,这些车才能加入 Robotaxi 车队,并实现无监督完全自动驾驶。”马斯克一边承认,真正卡住 HW3 的最大瓶颈是内存带宽,另一边又提到,特斯拉正在准备一项名为“AI4”或“AI4-plus”的升级方案,把芯片组可用内存从 32GB 提高到 64GB。马斯克还提到,等三星把这项升级涉及的硬件改动完成后,该方案明年就会投产。“看起来,我们将能够用 HW4 实现无监督自动驾驶。”","news_type":1,"symbols_score_info":{"TSLS":0.6,"TESL":0.6,"TSLQ":0.6,"TSLZ":0.6,"TSLG":0.6,"TSLR":0.6,"CRSH":0.6,"TSII":0.6,"TSLI":0.6,"07766":0.6,"TSLT":0.6,"NVDA":0.6,"TSLY":0.6,"MSFT":0.6,"TLA":0.6,"TSLA":1.97,"TSLP":0.6,"GOOG":0.6,"TSYY":0.6,"TSL":0.6,"AAPL":0.6,"TSDD":0.6,"AMZN":0.6,"TSLW":0.6,"TEST":0.6,"META":0.6,"UFO":0.6,"TSLO":0.6}},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":556520858346896,"gmtCreate":1776897861153,"gmtModify":1776897863890,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"去年都食言,今年也一样","listText":"去年都食言,今年也一样","text":"去年都食言,今年也一样","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/556520858346896","repostId":"1170024405","repostType":2,"repost":{"id":"1170024405","kind":"news","weMediaInfo":{"introduction":"全球快讯第一时间播报","home_visible":1,"media_name":"美股速递","id":"1004306016","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"pubTimestamp":1776895183,"share":"https://www.laohu8.com/m/news/1170024405?lang=zh_CN&edition=full","pubTime":"2026-04-23 05:59","market":"us","language":"zh","title":"特斯拉CEO马斯克:预计年底前在约12个州实现无人监管全自动驾驶或机器人出租车服务","url":"https://stock-news.laohu8.com/highlight/detail?id=1170024405","media":"美股速递","summary":"特斯拉首席执行官埃隆·马斯克近日宣布,公司预计在今年年底前,将在美国约12个州推出无需人工监督的全自动驾驶(FSD)功能或机器人出租车服务。\n这一表态标志着特斯拉在自动驾驶技术商业化应用方面迈出重要一步。若计划顺利实施,意味着部分地区的特斯拉车主将能够体验更高级别的自动驾驶功能,而机器人出租车服务的推出也将为未来出行方式带来革新。\n马斯克的声明再次凸显了特斯拉在自动驾驶领域的雄心壮志。随着技术不断成熟和监管环境逐步完善,自动驾驶汽车有望在不久的将来改变传统交通格局。","content":"<p>特斯拉首席执行官埃隆·马斯克近日宣布,公司预计在今年年底前,将在美国约12个州推出无需人工监督的全自动驾驶(FSD)功能或机器人出租车服务。</p>\n<p>这一表态标志着特斯拉在自动驾驶技术商业化应用方面迈出重要一步。若计划顺利实施,意味着部分地区的特斯拉车主将能够体验更高级别的自动驾驶功能,而机器人出租车服务的推出也将为未来出行方式带来革新。</p>\n<p>马斯克的声明再次凸显了特斯拉在自动驾驶领域的雄心壮志。随着技术不断成熟和监管环境逐步完善,自动驾驶汽车有望在不久的将来改变传统交通格局。</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>特斯拉CEO马斯克:预计年底前在约12个州实现无人监管全自动驾驶或机器人出租车服务</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉CEO马斯克:预计年底前在约12个州实现无人监管全自动驾驶或机器人出租车服务\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1004306016\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">美股速递 </p>\n<p class=\"h-time\">2026-04-23 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>特斯拉首席执行官埃隆·马斯克近日宣布,公司预计在今年年底前,将在美国约12个州推出无需人工监督的全自动驾驶(FSD)功能或机器人出租车服务。</p>\n<p>这一表态标志着特斯拉在自动驾驶技术商业化应用方面迈出重要一步。若计划顺利实施,意味着部分地区的特斯拉车主将能够体验更高级别的自动驾驶功能,而机器人出租车服务的推出也将为未来出行方式带来革新。</p>\n<p>马斯克的声明再次凸显了特斯拉在自动驾驶领域的雄心壮志。随着技术不断成熟和监管环境逐步完善,自动驾驶汽车有望在不久的将来改变传统交通格局。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0082616367.USD":"摩根大通美国科技A(dist)","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","BK4612":"AI芯片","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","BK4574":"无人驾驶","LU0823411888.USD":"法巴消费创新基金 Cap","TSDD":"2倍做空TSLA ETF-GraniteShares","TSYY":"收益增强TSLA ETF-GraniteShares","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4581":"高盛持仓","BK4543":"AI","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","BK4516":"特朗普概念","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4592":"伊斯兰概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSII":"REX TSLA Growth & Income ETF","BK4548":"巴美列捷福持仓","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","TSLI":"2倍做多TSLA ETF-ProShares","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLL":"2倍做多TSLA ETF-Direxion","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4099":"汽车制造商","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","BK4585":"ETF&股票定投概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","TSLA":"特斯拉","TSLP":"TSLA收益溢价策略ETF-Kurv","BK4555":"新能源车","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","TSLQ":"2倍做空TSLA ETF-Tradr","TSLR":"2倍做多TSLA ETF-GraniteShares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","TSLS":"1倍做空TSLA ETF-Direxion","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","TSLT":"2倍做多TSLA ETF-T-Rex","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","TSLW":"TSLA周配息ETF-Roundhill","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","TSLY":"TSLA期权收益策略ETF-YieldMax","BK4551":"寇图资本持仓","BK4598":"佩洛西持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","TSLZ":"2倍做空TSLA ETF-T-Rex","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","07766":"南方两倍做多特斯拉","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4604":"机器人概念","BK4527":"明星科技股","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","TLA":"GraniteShares Autocallable TSLA ETF","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170024405","content_text":"特斯拉首席执行官埃隆·马斯克近日宣布,公司预计在今年年底前,将在美国约12个州推出无需人工监督的全自动驾驶(FSD)功能或机器人出租车服务。\n这一表态标志着特斯拉在自动驾驶技术商业化应用方面迈出重要一步。若计划顺利实施,意味着部分地区的特斯拉车主将能够体验更高级别的自动驾驶功能,而机器人出租车服务的推出也将为未来出行方式带来革新。\n马斯克的声明再次凸显了特斯拉在自动驾驶领域的雄心壮志。随着技术不断成熟和监管环境逐步完善,自动驾驶汽车有望在不久的将来改变传统交通格局。","news_type":1,"symbols_score_info":{"CRSH":1,"TSLI":1,"TESL":1,"TSYY":1,"TSLS":1,"TSLA":1,"TSLG":1,"TSLY":1,"TSL":1,"TSLL":1,"TSLR":1,"TSLQ":1,"TSII":1,"TSLT":1,"TLA":1,"TEST":1,"TSDD":1,"TSLP":1,"TSLO":1,"TSLZ":1,"07766":1,"TSLW":1}},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":556396490109144,"gmtCreate":1776867489493,"gmtModify":1776867492490,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"明早又是见证远程畜牧业成果的时候了[得意] 拭目以待马圣把-10%忽悠成+10%。无人的士说去年大范围铺开,结果到现在依旧沉寂。机器人和芯片更远,跳票更是大概率[微笑] ","listText":"明早又是见证远程畜牧业成果的时候了[得意] 拭目以待马圣把-10%忽悠成+10%。无人的士说去年大范围铺开,结果到现在依旧沉寂。机器人和芯片更远,跳票更是大概率[微笑] ","text":"明早又是见证远程畜牧业成果的时候了[得意] 拭目以待马圣把-10%忽悠成+10%。无人的士说去年大范围铺开,结果到现在依旧沉寂。机器人和芯片更远,跳票更是大概率[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/556396490109144","repostId":"2629045943","repostType":2,"repost":{"id":"2629045943","kind":"news","pubTimestamp":1776862429,"share":"https://www.laohu8.com/m/news/2629045943?lang=zh_CN&edition=full","pubTime":"2026-04-22 20:53","market":"fut","language":"zh","title":"特斯拉即将放榜,市场在乎的并非业绩本身,而是AI、Robotaxi、机器人与SpaceX","url":"https://stock-news.laohu8.com/highlight/detail?id=2629045943","media":"智通财经","summary":"无论是对于长期聚焦特斯拉增长前景的长线投资者,还是聚焦高频短期超额阿尔法收益的投机势力,基本上都认为特斯拉第一季度的财报数据强弱已退居次位,它们密切盯着的是特斯拉AI叙事、特斯拉AI超算驱动的FSD渗透趋势、Robotaxi与擎天柱人形机器人技术进展与产能兑现节奏、Terafab芯片工厂雄心,以及SpaceX IPO以及SpaceX正在主导的“全球太空AI数据中心”宏大叙事进程。","content":"<html><head></head><body><p>智通财经APP获悉,马斯克创立并掌舵的全球自动驾驶与电动汽车领导者特斯拉(TSLA.US)将在美东时间周三下午(北京时间周四晨间)迎来一次近年来罕见的“业绩盛宴”:即可能时隔多年迎来一份大幅超预期的井喷财务财报。然而,华尔街所聚焦的核心问题在于,随着投资者们寻求更多实质证据来证明埃隆·马斯克的人工智能、自动驾驶、Robotaxi与人形机器人雄心壮志足以支撑该股极高的估值,实际的财务数字很可能会被投资者们默契忽视。</p><p>无论是对于长期聚焦特斯拉增长前景的长线投资者,还是聚焦高频短期超额阿尔法收益的投机势力,基本上都认为特斯拉第一季度的财报数据强弱已退居次位,它们密切盯着的是特斯拉AI叙事、特斯拉AI超算驱动的FSD(全自动驾驶订阅软件)渗透趋势、Robotaxi与擎天柱(Optimus)人形机器人技术进展与产能兑现节奏、Terafab芯片工厂雄心,以及SpaceX IPO以及SpaceX正在主导的“全球太空AI数据中心”宏大叙事进程。</p><p>华尔街分析师平均预测数据显示,这家北美电动汽车制造商在周三美股盘后公布业绩时,第一季度经调整后利润将较上年同期大幅增长30%,总营收则有望实现增长15%。根据机构汇编的数据,这较特斯拉第四季度业绩可谓形成了强劲反转——当时经调整利润大幅下滑逾30%,营收下滑约3%。</p><p>但在很多方面,这些数字如今都只是次要级别因素,因为该股现在主要是围绕特斯拉在人工智能、基于特斯拉独创人工智能超算技术打造的FSD与Robotaxi,以及“擎天柱”(Optimus)人形机器人乃至SpaceX主导的太空AI数据中心领域的宏大蓝图来进行交易与定价。正是这些关于前沿科技的综合因素将特斯拉的股价推升至12月创下的历史最高点。然而,围绕这些目标的诸多疑问,则导致该股自触及创纪录高点以来已暴跌21%,在此期间成为“美股七大科技巨头”(即Magnificent Seven)中表现最差的一只大型科技股票,同时也远远落后于<a href=\"https://laohu8.com/S/161125\">标普500</a>指数3.9%的涨幅。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3426cec619ad7f28ae5f7396ed8f91aa\" tg-width=\"902\" tg-height=\"618\"/></p><p>如上图所显示的那样,特斯拉股价已经大幅跑输美股大盘。注:数据已进行标准化处理,基于截至2025年12月16日的百分比涨幅;当日特斯拉股价创下历史新高。</p><p>眼下投资者们紧盯着的无疑是Robotaxi扩张能否规模化、擎天柱人形机器人量产/商业化节奏、AI算力资本开支与项目名为 “Terafab”的史诗级芯片制造项目融资路径;此外,SpaceX及其IPO计划、太空AI数据中心蓝图等太空超级叙事俨然已进入特斯拉财报讨论中心。SpaceX引领的商业<a href=\"https://laohu8.com/S/000901\">航天</a>板块增长前景以及SpaceX IPO已经成为了影响特斯拉估值溢价与“马斯克溢价”的关键边际变量。</p><p>SpaceX考虑在6月(马斯克生日附近)上市,融资额可能高达750亿美元,或将超越沙特阿美,成为史上规模最大的IPO。预计估值最高有望达到惊人的2万亿美元,超过特斯拉当前的约1.3万亿美元。而特斯拉、SpaceX以及xAI“三合一”铸就“马斯克超级商业<a href=\"https://laohu8.com/S/00776\">帝国</a>”,可能是马斯克创立的这三家公司的最终宿命。</p><p>随着马斯克近期频繁释放出关于太空AI数据中心、大规模储能、人工智能、完全自动驾驶(FSD)、Robotaxi以及革新式的“擎天柱”(Optimus)人形机器人方面的积极进展,这位世界首富似乎在把“商业<a href=\"https://laohu8.com/S/00031\">航天</a>系统+星链卫星通信+太空AI算力系统/AI大模型+能源/储能+电动汽车+自动驾驶+机器人制造”串成一条可融资、可讲清楚的“超级垂直一体化资产链”,以便在资本市场与产业端同时放大杠杆。能把“AI、通信、航天、能源、机器人”这些全球最热门投资主题或者叙事统一成一个“全栈超级前沿科技基础设施平台”,对超大规模的SpaceX IPO定价与估值、拔高特斯拉估值、前中期IPO路演、投资者结构无疑都有重大帮助。</p><p>特斯拉的AI与机器人、太空AI估值泡沫迎来重大考验</p><p>“投资者们其实是在为一个长达十年的愿景埋单,”长期持有特斯拉股票的Roundhill Investments首席执行官Dave Mazza表示,“话虽如此,耐心也是有代价的。”</p><p>特斯拉股东们为这只股票付出的代价的确很高。按未来12个月预期盈利计算,其预期市盈率高达183倍,在标普500指数中仅次于Warner Bros. Discovery Inc.以及波音公司,是第三昂贵的股票。彭博汇编的“美股七巨头”指数的预期市盈率仅仅约为27倍,而之所以处于这一较高水平,正是因为特斯拉相较其他六家科技巨头极其偏离估值与定价常态。</p><p>举例来说,这一组中预期市盈率第二高的是苹果公司,约为30倍预期市盈率,其后是<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>母公司Alphabet公司,约为26倍。AI芯片超级霸主<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>公司则处于较低位置,其远期估值倍数仅仅为22倍。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a94abdcdd7c358193b8360737806fd49\" tg-width=\"934\" tg-height=\"522\"/></p><p>因此,一些来自华尔街的投资专业人士表示,强劲的季度业绩——即便超出已经被分析师们持续下调的预期——也不太可能推动这只高估值股票大幅上涨。</p><p>相反,马斯克领导的特斯拉管理层可能需要在业绩电话会议上做好两件事情中的一件,才能让股价摆脱当前低迷困境:其一,是在Robotaxi产能扩张计划上出现实质性的突破进展;其二,是“马斯克增长剧本”里再出现一个极其闪亮的新故事,重新为公司设定目标,并把兑现结果的时钟重新归零——综合所有迹象来看,这一新故事极有可能是与太空AI数据中心建设进程相关联的特斯拉庞大储能系统。</p><p>“当一只股票围绕诸多长期故事进行交易时,市场耐心不会在一夜之间消失,”主要通过衍生品持有特斯拉股票的Karobaar Capital首席投资官Haris Khurshid表示,“现有持仓群体仍在坚守,但如果没有更清晰的增长型结果,要吸引新的买家就越来越难了。”</p><p>华尔街已经表现出了其偏向悲观的情绪。分析师们在过去12个月中已将第一季度盈利预期下调逾55%,而在过去6个月中又下调了约30%。除了电动汽车销量大幅下滑之外,其他的关键问题还在于,特斯拉的自动驾驶汽车和擎天柱人形机器人距离广泛商业化应用,仍有数年之久,甚至数十年之遥。</p><p>例如,Jefferies的资深分析师Philippe Houchois建立的特斯拉盈利模型显示,要到2027年才将Robotaxi和人形机器人业务营收数据纳入其中。来自<a href=\"https://laohu8.com/S/WFC\">富国银行</a>(Wells Fargo)的分析师Colin Langan表示,这些项目目前仅有的且渐进式的进展,可能会导致特斯拉不断转向新的增长机会。他对该股给予相当于‘卖出’的最悲观评级。“下一个‘眼花缭乱的新故事’会是什么?我对此深表怀疑。”他在4月13日的一份报告中问道。</p><p>这尤其棘手,因为特斯拉作为唯一一只让投资者可以直接押注马斯克本人的股票,其吸引力很快可能会被大幅削弱——这位亿万富翁的太空探索与商业航天超级巨头SpaceX正计划于今年晚些时候启动首次公开募股。</p><p>“SpaceX潜在IPO的前景,可能将对特斯拉股价构成沉重压力,因为原本可能流向特斯拉的新增散户资金,反而会转向涌入SpaceX,”<a href=\"https://laohu8.com/S/0HB5.UK\">法国巴黎银行</a>分析师James Picariello表示。</p><p>马斯克的下一个“超级魔法子弹”会是什么?</p><p>有迹象表明,一些显著变化或者投资者主题切换正在酝酿之中。据报道,在马斯克曾于18个月前称广受期待的2.5万美元车型计划“毫无意义”之后,特斯拉如今正致力于打造一款更便宜的纯电动车型。上个月,马斯克宣布了他的Terafab项目,旨在为机器人、人工智能和太空数据中心大规模制造芯片。与此同时,关于特斯拉与SpaceX潜在合并的猜测仍在持续。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0ce21447674df333704c2d04bcf956e\" tg-width=\"902\" tg-height=\"463\"/></p><p>与此同时,可能推动特斯拉股价上涨的内部市场力量正在减弱。根据S3 Partners的数据,对该股的看空押注已大幅下降,空头仓位约占自由流通股的2%,为2025年2月以来的最低水平。这限制了意外利好触发空头回补(即逼空)的大趋势,从而推动股价飙升的能力。如上图所示的那样,特斯拉股价落后于所有其他超大市值科技股同行们。</p><p>S3董事总经理Matthew Unterman在4月10日的一份报告中写道:“随着空头仓位不再处于高位,回补买盘的动力正在减弱,从而限制了市场吸收下行资金流的能力。”</p><p>特斯拉股价的技术指标也没有带来太多鼓舞。其50日移动均线最近已跌破长期的200日移动均线,形成一种被称为“死亡交叉”的看跌形态,这通常意味着股价走势动能正偏向下跌。</p><p>不过,尽管短期情绪偏负面,Macro Risk Advisors首席技术策略师John Kolovos表示,特斯拉投资者们仍然可以寄望于马斯克祭出一颗“超级魔法子弹”,让这只股票摆脱当前的沉寂状态。“我长期仍然喜欢它,”Kolovos表示,并补充称,投资者“只需要让它走完自己的节奏。”</p><p>马斯克把未来拉满,特斯拉把现实绷紧</p><p>特斯拉是否能把AI、机器人乃至SpaceX太空AI数据中心这些宏大叙事,从远期想象,推进到可以被资本市场迅速验证的执行阶段,可能是推动特斯拉股价迈向新一轮牛市轨迹的最强劲驱动力。市场最需要的,不是一份漂亮利润表,而是一套能证明特斯拉正从“AI期权”走向“里程碑式分阶段兑现”的叙事重置;若没有更清晰的执行证据,哪怕短期数字靓丽,股价也很难摆脱“财报强、估值疲”的状态。</p><p>现在的特斯拉,已经不是一只主要靠季度利润驱动定价的电动汽车股,而是一只主要靠Robotaxi、擎天柱(Optimus)人形机器人与AI超算系统、太空AI算力集群愿景支撑估值的“远期科技资产”;股价真正的反应函数仍取决于管理层能否拿出更清晰的进度表、资本开支路径和兑现节奏。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e09268e90fc318e1cd1f0b69514f843\" tg-width=\"904\" tg-height=\"579\"/></p><p>从产业逻辑来看,特斯拉的长期增长叙事正在从电动车制造,转向“物理AI级别的超级平台公司”。一旦特斯拉的预期增长引擎变成Robotaxi、Optimus、车端推理、机器人推理与xAI/SpaceX的太空训练与部署算力链条,实际的基础设施瓶颈就不再主要是电池和整车零部件,而是高端逻辑芯片、2.5D/3D/3.5D先进封装、数据中心存储芯片、大型太阳能与储能系统以及地缘政治战争局势下的核心供应链安全。</p><p>这也是为何这位世界首富前不久宣布了进军半导体高端制造领域的雄心壮志,称其为“迄今为止历史上最史诗级的芯片制造项目”,该项目名为 “Terafab”。马斯克似乎试图把“芯片短缺”转化为一场改写半导体供给格局的超常规工业豪赌。马斯克并不是单纯想制造更高性能芯片,而是想用一场超常规垂直整合,改写AI、机器人与太空数据中心时代的算力供需版图;但越宏大的跨时代级别愿景,也越暴露出全球先进半导体产能短缺与极高制造门槛的残酷现实。</p><p>作为迄今为止全球最富有的人,马斯克过去曾完成过别人认为不可能完成的事——通过SpaceX打造出具有商业可行性的高频火箭发射业务,通过全球电动汽车领军者特斯拉(<a href=\"https://laohu8.com/S/TSLA\">Tesla</a> Inc.)让电动汽车进入主流市场,以及通过Starlink(即星链)从太空提供互联网连接基础设施服务。但也有人怀疑,马斯克是否真的能够,甚至是否真的打算,<a href=\"https://laohu8.com/S/01630\">建成</a>他在奥斯汀勾最新勒出的“最史诗级”造芯行动以及是否真的能够实现他憧憬的“人工智能、自动驾驶、人形机器人以及太空AI数据中心超级蓝图”。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>特斯拉即将放榜,市场在乎的并非业绩本身,而是AI、Robotaxi、机器人与SpaceX</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉即将放榜,市场在乎的并非业绩本身,而是AI、Robotaxi、机器人与SpaceX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-22 20:53 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1432123.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉,马斯克创立并掌舵的全球自动驾驶与电动汽车领导者特斯拉(TSLA.US)将在美东时间周三下午(北京时间周四晨间)迎来一次近年来罕见的“业绩盛宴”:即可能时隔多年迎来一份大幅超预期的井喷财务财报。然而,华尔街所聚焦的核心问题在于,随着投资者们寻求更多实质证据来证明埃隆·马斯克的人工智能、自动驾驶、Robotaxi与人形机器人雄心壮志足以支撑该股极高的估值,实际的财务数字很可能会被...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1432123.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e49ab90f6352b6ebbb45091ad18b5a2e","relate_stocks":{"TLA":"GraniteShares Autocallable TSLA ETF","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4588":"碎股","BK4550":"红杉资本持仓","UFO":"Procure Space ETF","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSDD":"2倍做空TSLA ETF-GraniteShares","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSYY":"收益增强TSLA ETF-GraniteShares","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4555":"新能源车","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","TSII":"REX TSLA Growth & Income ETF","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","TSLG":"2倍做多TSLA ETF-Leverage Shares","BK4604":"机器人概念","TSLI":"2倍做多TSLA ETF-ProShares","BK4527":"明星科技股","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","TSLL":"2倍做多TSLA ETF-Direxion","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","TSLP":"TSLA收益溢价策略ETF-Kurv","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","TSLQ":"2倍做空TSLA ETF-Tradr","TSLA":"特斯拉","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","TSLR":"2倍做多TSLA ETF-GraniteShares","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","BK4612":"AI芯片","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","TSLS":"1倍做空TSLA ETF-Direxion","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","TSLT":"2倍做多TSLA ETF-T-Rex","TSLW":"TSLA周配息ETF-Roundhill","BK4574":"无人驾驶","TSLY":"TSLA期权收益策略ETF-YieldMax","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","TSLZ":"2倍做空TSLA ETF-T-Rex","BK4581":"高盛持仓","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4543":"AI","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4511":"特斯拉概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4534":"瑞士信贷持仓","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","TESL":"Simplify Volt TSLA Revolution ETF","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4516":"特朗普概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","BK4592":"伊斯兰概念","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","07766":"南方两倍做多特斯拉","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","BK4099":"汽车制造商","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4585":"ETF&股票定投概念","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC"},"source_url":"http://www.zhitongcaijing.com/content/detail/1432123.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2629045943","content_text":"智通财经APP获悉,马斯克创立并掌舵的全球自动驾驶与电动汽车领导者特斯拉(TSLA.US)将在美东时间周三下午(北京时间周四晨间)迎来一次近年来罕见的“业绩盛宴”:即可能时隔多年迎来一份大幅超预期的井喷财务财报。然而,华尔街所聚焦的核心问题在于,随着投资者们寻求更多实质证据来证明埃隆·马斯克的人工智能、自动驾驶、Robotaxi与人形机器人雄心壮志足以支撑该股极高的估值,实际的财务数字很可能会被投资者们默契忽视。无论是对于长期聚焦特斯拉增长前景的长线投资者,还是聚焦高频短期超额阿尔法收益的投机势力,基本上都认为特斯拉第一季度的财报数据强弱已退居次位,它们密切盯着的是特斯拉AI叙事、特斯拉AI超算驱动的FSD(全自动驾驶订阅软件)渗透趋势、Robotaxi与擎天柱(Optimus)人形机器人技术进展与产能兑现节奏、Terafab芯片工厂雄心,以及SpaceX IPO以及SpaceX正在主导的“全球太空AI数据中心”宏大叙事进程。华尔街分析师平均预测数据显示,这家北美电动汽车制造商在周三美股盘后公布业绩时,第一季度经调整后利润将较上年同期大幅增长30%,总营收则有望实现增长15%。根据机构汇编的数据,这较特斯拉第四季度业绩可谓形成了强劲反转——当时经调整利润大幅下滑逾30%,营收下滑约3%。但在很多方面,这些数字如今都只是次要级别因素,因为该股现在主要是围绕特斯拉在人工智能、基于特斯拉独创人工智能超算技术打造的FSD与Robotaxi,以及“擎天柱”(Optimus)人形机器人乃至SpaceX主导的太空AI数据中心领域的宏大蓝图来进行交易与定价。正是这些关于前沿科技的综合因素将特斯拉的股价推升至12月创下的历史最高点。然而,围绕这些目标的诸多疑问,则导致该股自触及创纪录高点以来已暴跌21%,在此期间成为“美股七大科技巨头”(即Magnificent Seven)中表现最差的一只大型科技股票,同时也远远落后于标普500指数3.9%的涨幅。如上图所显示的那样,特斯拉股价已经大幅跑输美股大盘。注:数据已进行标准化处理,基于截至2025年12月16日的百分比涨幅;当日特斯拉股价创下历史新高。眼下投资者们紧盯着的无疑是Robotaxi扩张能否规模化、擎天柱人形机器人量产/商业化节奏、AI算力资本开支与项目名为 “Terafab”的史诗级芯片制造项目融资路径;此外,SpaceX及其IPO计划、太空AI数据中心蓝图等太空超级叙事俨然已进入特斯拉财报讨论中心。SpaceX引领的商业航天板块增长前景以及SpaceX IPO已经成为了影响特斯拉估值溢价与“马斯克溢价”的关键边际变量。SpaceX考虑在6月(马斯克生日附近)上市,融资额可能高达750亿美元,或将超越沙特阿美,成为史上规模最大的IPO。预计估值最高有望达到惊人的2万亿美元,超过特斯拉当前的约1.3万亿美元。而特斯拉、SpaceX以及xAI“三合一”铸就“马斯克超级商业帝国”,可能是马斯克创立的这三家公司的最终宿命。随着马斯克近期频繁释放出关于太空AI数据中心、大规模储能、人工智能、完全自动驾驶(FSD)、Robotaxi以及革新式的“擎天柱”(Optimus)人形机器人方面的积极进展,这位世界首富似乎在把“商业航天系统+星链卫星通信+太空AI算力系统/AI大模型+能源/储能+电动汽车+自动驾驶+机器人制造”串成一条可融资、可讲清楚的“超级垂直一体化资产链”,以便在资本市场与产业端同时放大杠杆。能把“AI、通信、航天、能源、机器人”这些全球最热门投资主题或者叙事统一成一个“全栈超级前沿科技基础设施平台”,对超大规模的SpaceX IPO定价与估值、拔高特斯拉估值、前中期IPO路演、投资者结构无疑都有重大帮助。特斯拉的AI与机器人、太空AI估值泡沫迎来重大考验“投资者们其实是在为一个长达十年的愿景埋单,”长期持有特斯拉股票的Roundhill Investments首席执行官Dave Mazza表示,“话虽如此,耐心也是有代价的。”特斯拉股东们为这只股票付出的代价的确很高。按未来12个月预期盈利计算,其预期市盈率高达183倍,在标普500指数中仅次于Warner Bros. Discovery Inc.以及波音公司,是第三昂贵的股票。彭博汇编的“美股七巨头”指数的预期市盈率仅仅约为27倍,而之所以处于这一较高水平,正是因为特斯拉相较其他六家科技巨头极其偏离估值与定价常态。举例来说,这一组中预期市盈率第二高的是苹果公司,约为30倍预期市盈率,其后是谷歌母公司Alphabet公司,约为26倍。AI芯片超级霸主英伟达公司则处于较低位置,其远期估值倍数仅仅为22倍。因此,一些来自华尔街的投资专业人士表示,强劲的季度业绩——即便超出已经被分析师们持续下调的预期——也不太可能推动这只高估值股票大幅上涨。相反,马斯克领导的特斯拉管理层可能需要在业绩电话会议上做好两件事情中的一件,才能让股价摆脱当前低迷困境:其一,是在Robotaxi产能扩张计划上出现实质性的突破进展;其二,是“马斯克增长剧本”里再出现一个极其闪亮的新故事,重新为公司设定目标,并把兑现结果的时钟重新归零——综合所有迹象来看,这一新故事极有可能是与太空AI数据中心建设进程相关联的特斯拉庞大储能系统。“当一只股票围绕诸多长期故事进行交易时,市场耐心不会在一夜之间消失,”主要通过衍生品持有特斯拉股票的Karobaar Capital首席投资官Haris Khurshid表示,“现有持仓群体仍在坚守,但如果没有更清晰的增长型结果,要吸引新的买家就越来越难了。”华尔街已经表现出了其偏向悲观的情绪。分析师们在过去12个月中已将第一季度盈利预期下调逾55%,而在过去6个月中又下调了约30%。除了电动汽车销量大幅下滑之外,其他的关键问题还在于,特斯拉的自动驾驶汽车和擎天柱人形机器人距离广泛商业化应用,仍有数年之久,甚至数十年之遥。例如,Jefferies的资深分析师Philippe Houchois建立的特斯拉盈利模型显示,要到2027年才将Robotaxi和人形机器人业务营收数据纳入其中。来自富国银行(Wells Fargo)的分析师Colin Langan表示,这些项目目前仅有的且渐进式的进展,可能会导致特斯拉不断转向新的增长机会。他对该股给予相当于‘卖出’的最悲观评级。“下一个‘眼花缭乱的新故事’会是什么?我对此深表怀疑。”他在4月13日的一份报告中问道。这尤其棘手,因为特斯拉作为唯一一只让投资者可以直接押注马斯克本人的股票,其吸引力很快可能会被大幅削弱——这位亿万富翁的太空探索与商业航天超级巨头SpaceX正计划于今年晚些时候启动首次公开募股。“SpaceX潜在IPO的前景,可能将对特斯拉股价构成沉重压力,因为原本可能流向特斯拉的新增散户资金,反而会转向涌入SpaceX,”法国巴黎银行分析师James Picariello表示。马斯克的下一个“超级魔法子弹”会是什么?有迹象表明,一些显著变化或者投资者主题切换正在酝酿之中。据报道,在马斯克曾于18个月前称广受期待的2.5万美元车型计划“毫无意义”之后,特斯拉如今正致力于打造一款更便宜的纯电动车型。上个月,马斯克宣布了他的Terafab项目,旨在为机器人、人工智能和太空数据中心大规模制造芯片。与此同时,关于特斯拉与SpaceX潜在合并的猜测仍在持续。与此同时,可能推动特斯拉股价上涨的内部市场力量正在减弱。根据S3 Partners的数据,对该股的看空押注已大幅下降,空头仓位约占自由流通股的2%,为2025年2月以来的最低水平。这限制了意外利好触发空头回补(即逼空)的大趋势,从而推动股价飙升的能力。如上图所示的那样,特斯拉股价落后于所有其他超大市值科技股同行们。S3董事总经理Matthew Unterman在4月10日的一份报告中写道:“随着空头仓位不再处于高位,回补买盘的动力正在减弱,从而限制了市场吸收下行资金流的能力。”特斯拉股价的技术指标也没有带来太多鼓舞。其50日移动均线最近已跌破长期的200日移动均线,形成一种被称为“死亡交叉”的看跌形态,这通常意味着股价走势动能正偏向下跌。不过,尽管短期情绪偏负面,Macro Risk Advisors首席技术策略师John Kolovos表示,特斯拉投资者们仍然可以寄望于马斯克祭出一颗“超级魔法子弹”,让这只股票摆脱当前的沉寂状态。“我长期仍然喜欢它,”Kolovos表示,并补充称,投资者“只需要让它走完自己的节奏。”马斯克把未来拉满,特斯拉把现实绷紧特斯拉是否能把AI、机器人乃至SpaceX太空AI数据中心这些宏大叙事,从远期想象,推进到可以被资本市场迅速验证的执行阶段,可能是推动特斯拉股价迈向新一轮牛市轨迹的最强劲驱动力。市场最需要的,不是一份漂亮利润表,而是一套能证明特斯拉正从“AI期权”走向“里程碑式分阶段兑现”的叙事重置;若没有更清晰的执行证据,哪怕短期数字靓丽,股价也很难摆脱“财报强、估值疲”的状态。现在的特斯拉,已经不是一只主要靠季度利润驱动定价的电动汽车股,而是一只主要靠Robotaxi、擎天柱(Optimus)人形机器人与AI超算系统、太空AI算力集群愿景支撑估值的“远期科技资产”;股价真正的反应函数仍取决于管理层能否拿出更清晰的进度表、资本开支路径和兑现节奏。从产业逻辑来看,特斯拉的长期增长叙事正在从电动车制造,转向“物理AI级别的超级平台公司”。一旦特斯拉的预期增长引擎变成Robotaxi、Optimus、车端推理、机器人推理与xAI/SpaceX的太空训练与部署算力链条,实际的基础设施瓶颈就不再主要是电池和整车零部件,而是高端逻辑芯片、2.5D/3D/3.5D先进封装、数据中心存储芯片、大型太阳能与储能系统以及地缘政治战争局势下的核心供应链安全。这也是为何这位世界首富前不久宣布了进军半导体高端制造领域的雄心壮志,称其为“迄今为止历史上最史诗级的芯片制造项目”,该项目名为 “Terafab”。马斯克似乎试图把“芯片短缺”转化为一场改写半导体供给格局的超常规工业豪赌。马斯克并不是单纯想制造更高性能芯片,而是想用一场超常规垂直整合,改写AI、机器人与太空数据中心时代的算力供需版图;但越宏大的跨时代级别愿景,也越暴露出全球先进半导体产能短缺与极高制造门槛的残酷现实。作为迄今为止全球最富有的人,马斯克过去曾完成过别人认为不可能完成的事——通过SpaceX打造出具有商业可行性的高频火箭发射业务,通过全球电动汽车领军者特斯拉(Tesla Inc.)让电动汽车进入主流市场,以及通过Starlink(即星链)从太空提供互联网连接基础设施服务。但也有人怀疑,马斯克是否真的能够,甚至是否真的打算,建成他在奥斯汀勾最新勒出的“最史诗级”造芯行动以及是否真的能够实现他憧憬的“人工智能、自动驾驶、人形机器人以及太空AI数据中心超级蓝图”。","news_type":1,"symbols_score_info":{"TSLY":0.6,"TSLP":0.6,"TSII":0.6,"07766":0.6,"TEST":0.6,"TESL":0.6,"TSLQ":0.6,"TSL":0.6,"TSLW":0.6,"TSLZ":0.6,"TSLI":0.6,"TSLR":0.6,"TSLL":0.6,"TSYY":0.6,"TSLG":0.6,"CRSH":0.6,"TSDD":0.6,"UFO":0.6,"TSLO":0.6,"TSLS":0.6,"TSLT":0.6,"TSLA":2,"TLA":0.6}},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":555683969365680,"gmtCreate":1776698232408,"gmtModify":1776698235608,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"主业肯定一塌糊涂,无非是老一套模式,转移注意力,说自己的芯片和机器人准备量产,叫大家别卖股票,特斯拉要冲十万亿美元[开心] 畜牧业这块,马圣没得说的","listText":"主业肯定一塌糊涂,无非是老一套模式,转移注意力,说自己的芯片和机器人准备量产,叫大家别卖股票,特斯拉要冲十万亿美元[开心] 畜牧业这块,马圣没得说的","text":"主业肯定一塌糊涂,无非是老一套模式,转移注意力,说自己的芯片和机器人准备量产,叫大家别卖股票,特斯拉要冲十万亿美元[开心] 畜牧业这块,马圣没得说的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/555683969365680","repostId":"2628312711","repostType":2,"repost":{"id":"2628312711","kind":"news","pubTimestamp":1776690799,"share":"https://www.laohu8.com/m/news/2628312711?lang=zh_CN&edition=full","pubTime":"2026-04-20 21:13","market":"us","language":"zh","title":"财报前瞻 | 特斯拉绩前接连释放积极信号!Robotaxi、FSD以及Cybercab能否支撑后续涨势?","url":"https://stock-news.laohu8.com/highlight/detail?id=2628312711","media":"智通财经","summary":"在汽车交付不及预期、盈利持续承压的背景下,投资者尤为关注无人驾驶出租车Robotaxi的落地进度、全自动驾驶系统FSD的技术迭代,以及Cybercab车型的量产情况。值得关注的是,财报披露前夕,特斯拉股价已率先迎来回暖,上周累计反弹近15%,终结了长达八周的连续下跌态势。FSD与Cybercab特斯拉发力无人驾驶出租车业务之际,整体汽车销量增速放缓,已拖累公司利润率与现金流表现。","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>将于美东时间周三盘后(北京时间周四早间)披露最新季度财报。在汽车交付不及预期、盈利持续承压的背景下,投资者尤为关注无人驾驶出租车Robotaxi的落地进度、全自动驾驶系统FSD的技术迭代,以及Cybercab车型的量产情况。这些关键信息或将直接影响特斯拉股价的后续走向。</p><p>值得关注的是,财报披露前夕,特斯拉股价已率先迎来回暖,上周累计反弹近15%,终结了长达八周的连续下跌态势。主要原因包括:中东局势缓和提振了市场情绪,美股科技板块整体走强;与此同时,特斯拉在自研AI芯片领域接连释放积极信号。</p><p><strong>一季度业绩前瞻</strong></p><p>在多重利好推动股价大幅反弹之际,特斯拉将于周三美股盘后正式发布一季度财报。</p><p>分析师预计,特斯拉一季度营收约为220.8亿美元,同比下降9%;调整后每股收益0.35美元;调整后EBITDA预计降至32.17亿美元,同比下滑14.4%。</p><p>本月稍早,特斯拉公布一季度全球交付量为358,023辆,同比增长6.3%,低于市场预期的364,645辆。值得注意的是,去年一季度受ModelY换代影响,交付基数偏低,因此同比数据参考性有限。</p><p><strong>Robotaxi扩张进度</strong></p><p>投资者在周三特斯拉财报会议上的核心关注点,将是无人驾驶出租车在新城市的落地时间表以及自动驾驶技术的最新研发进展。</p><p>自2025年6月上线以来,CEO埃隆・马斯克已多次强调Robotaxi业务对公司未来发展的重要性。</p><p>在今年1月的四季度财报电话会议上,特斯拉高管曾表示,计划上半年将无人驾驶出租车服务拓展至另外9座城市,但截至目前尚未新增任何城市。</p><p><a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>分析师Andrew Percoco表示:“奥斯汀首次出现无安全员的无人驾驶出租车后,市场情绪一度高涨,但后续推广速度确实慢于预期。看空者认为这表明特斯拉的技术存在缺陷,但我们认为现在下此结论为时过早。”</p><p>瑞银则表示,预计今年特斯拉无人驾驶出租车业务不会实现 “有意义的规模化扩张”,不过该行已将特斯拉评级从 “卖出” 上调至 “中性”。</p><p>特斯拉此前已未能兑现2025年底无人驾驶出租车的落地目标。马斯克曾承诺,该服务将在2025年末覆盖8至10座城市,相关计划最终被迫推迟。</p><p><strong>FSD与Cybercab</strong></p><p>特斯拉发力无人驾驶出租车业务之际,整体汽车销量增速放缓,已拖累公司利润率与现金流表现。</p><p>摩根士丹利的Percoco表示:“随着资本支出翻倍、自由现金流转负,投资者需要更明确的信号,证明无安全员的自动驾驶即将来临,这样才能支撑该股票的估值。”</p><p>为了驱动其无人驾驶出租车,特斯拉需要完善真正的自动驾驶技术。即便本月刚推出的最新版完全自动驾驶(FSD)系统,仍要求驾驶员全程保持高度警惕。马斯克曾称,最新 FSD 将让车辆具备 “感知意识”,尽管这一说法略显夸张,但特斯拉表示,此次更新使车辆反应速度提升了 20%。</p><p>投资者同样期待听到专为无人驾驶出租车业务打造的Cybercab车型的产能进展。该车型已于本月投产。近几周来,奥斯汀超级工厂内 Cybercab 的相关照片已在网络流传。</p><p>尽管特拉斯股价上周大幅反弹,但年初至今仍下跌11%。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>财报前瞻 | 特斯拉绩前接连释放积极信号!Robotaxi、FSD以及Cybercab能否支撑后续涨势?</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n财报前瞻 | 特斯拉绩前接连释放积极信号!Robotaxi、FSD以及Cybercab能否支撑后续涨势?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-20 21:13 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1430533.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>特斯拉将于美东时间周三盘后(北京时间周四早间)披露最新季度财报。在汽车交付不及预期、盈利持续承压的背景下,投资者尤为关注无人驾驶出租车Robotaxi的落地进度、全自动驾驶系统FSD的技术迭代,以及Cybercab车型的量产情况。这些关键信息或将直接影响特斯拉股价的后续走向。值得关注的是,财报披露前夕,特斯拉股价已率先迎来回暖,上周累计反弹近15%,终结了长达八周的连续下跌态势。主要原因包括:中东...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1430533.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e49ab90f6352b6ebbb45091ad18b5a2e","relate_stocks":{"LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","TSLZ":"2倍做空TSLA ETF-T-Rex","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","TESL":"Simplify Volt TSLA Revolution ETF","TSLY":"TSLA期权收益策略ETF-YieldMax","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","AMZN":"亚马逊","TSLW":"TSLA周配息ETF-Roundhill","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","TSLT":"2倍做多TSLA ETF-T-Rex","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4555":"新能源车","TSLS":"1倍做空TSLA ETF-Direxion","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","07766":"南方两倍做多特斯拉","TSLR":"2倍做多TSLA ETF-GraniteShares","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","TSLA":"特斯拉","TSLQ":"2倍做空TSLA ETF-Tradr","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","TSLP":"TSLA收益溢价策略ETF-Kurv","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4588":"碎股","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","BK4550":"红杉资本持仓","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","BK4551":"寇图资本持仓","BK4598":"佩洛西持仓","TSLI":"2倍做多TSLA ETF-ProShares","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","TLA":"GraniteShares Autocallable TSLA ETF","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","TSII":"REX TSLA Growth & Income ETF","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","META":"Meta Platforms, Inc.","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","BK4548":"巴美列捷福持仓","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","TSYY":"收益增强TSLA ETF-GraniteShares","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","TSDD":"2倍做空TSLA ETF-GraniteShares","NVDA":"英伟达","BK4604":"机器人概念","MSFT":"微软","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4527":"明星科技股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","AAPL":"苹果","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4612":"AI芯片","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4574":"无人驾驶","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","BK4581":"高盛持仓","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4543":"AI","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4516":"特朗普概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4592":"伊斯兰概念","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","GOOG":"谷歌"},"source_url":"http://www.zhitongcaijing.com/content/detail/1430533.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2628312711","content_text":"特斯拉将于美东时间周三盘后(北京时间周四早间)披露最新季度财报。在汽车交付不及预期、盈利持续承压的背景下,投资者尤为关注无人驾驶出租车Robotaxi的落地进度、全自动驾驶系统FSD的技术迭代,以及Cybercab车型的量产情况。这些关键信息或将直接影响特斯拉股价的后续走向。值得关注的是,财报披露前夕,特斯拉股价已率先迎来回暖,上周累计反弹近15%,终结了长达八周的连续下跌态势。主要原因包括:中东局势缓和提振了市场情绪,美股科技板块整体走强;与此同时,特斯拉在自研AI芯片领域接连释放积极信号。一季度业绩前瞻在多重利好推动股价大幅反弹之际,特斯拉将于周三美股盘后正式发布一季度财报。分析师预计,特斯拉一季度营收约为220.8亿美元,同比下降9%;调整后每股收益0.35美元;调整后EBITDA预计降至32.17亿美元,同比下滑14.4%。本月稍早,特斯拉公布一季度全球交付量为358,023辆,同比增长6.3%,低于市场预期的364,645辆。值得注意的是,去年一季度受ModelY换代影响,交付基数偏低,因此同比数据参考性有限。Robotaxi扩张进度投资者在周三特斯拉财报会议上的核心关注点,将是无人驾驶出租车在新城市的落地时间表以及自动驾驶技术的最新研发进展。自2025年6月上线以来,CEO埃隆・马斯克已多次强调Robotaxi业务对公司未来发展的重要性。在今年1月的四季度财报电话会议上,特斯拉高管曾表示,计划上半年将无人驾驶出租车服务拓展至另外9座城市,但截至目前尚未新增任何城市。摩根士丹利分析师Andrew Percoco表示:“奥斯汀首次出现无安全员的无人驾驶出租车后,市场情绪一度高涨,但后续推广速度确实慢于预期。看空者认为这表明特斯拉的技术存在缺陷,但我们认为现在下此结论为时过早。”瑞银则表示,预计今年特斯拉无人驾驶出租车业务不会实现 “有意义的规模化扩张”,不过该行已将特斯拉评级从 “卖出” 上调至 “中性”。特斯拉此前已未能兑现2025年底无人驾驶出租车的落地目标。马斯克曾承诺,该服务将在2025年末覆盖8至10座城市,相关计划最终被迫推迟。FSD与Cybercab特斯拉发力无人驾驶出租车业务之际,整体汽车销量增速放缓,已拖累公司利润率与现金流表现。摩根士丹利的Percoco表示:“随着资本支出翻倍、自由现金流转负,投资者需要更明确的信号,证明无安全员的自动驾驶即将来临,这样才能支撑该股票的估值。”为了驱动其无人驾驶出租车,特斯拉需要完善真正的自动驾驶技术。即便本月刚推出的最新版完全自动驾驶(FSD)系统,仍要求驾驶员全程保持高度警惕。马斯克曾称,最新 FSD 将让车辆具备 “感知意识”,尽管这一说法略显夸张,但特斯拉表示,此次更新使车辆反应速度提升了 20%。投资者同样期待听到专为无人驾驶出租车业务打造的Cybercab车型的产能进展。该车型已于本月投产。近几周来,奥斯汀超级工厂内 Cybercab 的相关照片已在网络流传。尽管特拉斯股价上周大幅反弹,但年初至今仍下跌11%。","news_type":1,"symbols_score_info":{"TSLZ":0.6,"TEST":0.6,"TSLT":0.6,"NVDA":0.6,"TLA":0.6,"TSLI":0.6,"TSLS":0.6,"META":0.6,"TSLO":0.6,"CRSH":0.6,"TSLY":0.6,"07766":0.6,"TSYY":0.6,"TSLR":0.6,"TSII":0.6,"MSFT":0.6,"TSLA":1.98,"AAPL":0.6,"TSLG":0.6,"TSDD":0.6,"TSLP":0.6,"TSLQ":0.6,"AMZN":0.6,"GOOG":0.6,"TSLW":0.6,"TSL":0.6,"TESL":0.6}},"isVote":1,"tweetType":1,"viewCount":380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":554617946138520,"gmtCreate":1776439410038,"gmtModify":1776439412430,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"[开心] 割印度佬韭菜,比中国贵一倍","listText":"[开心] 割印度佬韭菜,比中国贵一倍","text":"[开心] 割印度佬韭菜,比中国贵一倍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/554617946138520","repostId":"2628201511","repostType":2,"repost":{"id":"2628201511","kind":"news","pubTimestamp":1776432098,"share":"https://www.laohu8.com/m/news/2628201511?lang=zh_CN&edition=full","pubTime":"2026-04-17 21:21","market":"us","language":"zh","title":"特斯拉六座版Model Y最快下周登陆印度,“衍生策略”加码增量市场","url":"https://stock-news.laohu8.com/highlight/detail?id=2628201511","media":"智通财经","summary":"据报道,$特斯拉 $正计划最早于下周在印度发布一款全新、尺寸更大的Model Y车型Model Y L。Model Y L将是特斯拉自进入印度市场以来推出的首款新产品。该公司计划将这款全新的Model Y衍生车型从上海超级工厂运往印度;截至目前,上海工厂是唯一生产这款SUV的制造基地。受高额关税等因素的影响,特斯拉在印度的销量目前仍处于较低水平。更重要的是,Model Y L本身就是特斯拉\"衍生品战略\"的代表作。该公司已表示Model YL并非仅在中国销售。","content":"<html><head></head><body><p>据报道,<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>正计划最早于下周在印度发布一款全新、尺寸更大的Model Y车型Model Y L。Model Y L将是特斯拉自进入印度市场以来推出的首款新产品。特斯拉 Model Y L是 Model Y 的长轴距六座版本——该版本最初由特斯拉在中国市场首发——它增设了更为宽敞的第三排座椅,并进一步提升了面向家庭用户的实用性。</p><p>该公司计划将这款全新的Model Y衍生车型从上海超级工厂运往印度;截至目前,上海工厂是唯一生产这款SUV的制造基地。</p><p>据报道,特斯拉在印度扩充产品阵容的举措,是其更广泛战略的一部分,旨在通过推出现有车型的衍生版本来更新产品组合,而非发布基于全新平台打造的车型。受高额关税等因素的影响,特斯拉在印度的销量目前仍处于较低水平。据印度官方车辆登记数据,2025年全年特斯拉在该国仅注册了227辆汽车,远低于公司最初设定的2500辆年度配额目标。</p><p>特斯拉选择此时加码印度并非毫无道理。印度电动车市场正处于爆发前夜。2026年3月,电动乘用车月度注册量同比增长49%,达到19711辆,创历史新高。2026财年全年,电动乘用车累计注册量达196754辆,较上一财年增长82%;电动两轮车全年销量达130万辆。政策端也在发力,印度政府计划在全国范围内建设7万个充电站,并继续对电动车维持5%的超低商品及服务税税率。</p><p>更重要的是,Model Y L本身就是特斯拉"衍生品战略"的代表作。在全球销量连续两年下滑、2025年跌至约164万辆、头号电动车地位被<a href=\"https://laohu8.com/S/BYDDY\">比亚迪</a>取代的背景下,特斯拉选择了以现有平台衍生新车型来维持产品新鲜度,而非投入巨资开发全新平台。这是一种务实的"以小博大"——用最小的研发投入,撬动最大的增量市场。该公司已表示Model YL并非仅在中国销售。该车型已确认进入澳大利亚和新西兰等市场,特斯拉也暗示未来可能会在其他地区推出。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>特斯拉六座版Model Y最快下周登陆印度,“衍生策略”加码增量市场</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉六座版Model Y最快下周登陆印度,“衍生策略”加码增量市场\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-17 21:21 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1430198.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>据报道,特斯拉正计划最早于下周在印度发布一款全新、尺寸更大的Model Y车型Model Y L。Model Y L将是特斯拉自进入印度市场以来推出的首款新产品。特斯拉 Model Y L是 Model Y 的长轴距六座版本——该版本最初由特斯拉在中国市场首发——它增设了更为宽敞的第三排座椅,并进一步提升了面向家庭用户的实用性。该公司计划将这款全新的Model Y衍生车型从上海超级工厂运往印度;...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1430198.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e49ab90f6352b6ebbb45091ad18b5a2e","relate_stocks":{"LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4527":"明星科技股","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","NVDA":"英伟达","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","TSLA":"特斯拉","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A(dist)","07766":"南方两倍做多特斯拉","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4574":"无人驾驶","TSLZ":"2倍做空TSLA ETF-T-Rex","LU0823411888.USD":"法巴消费创新基金 Cap","BK4598":"佩洛西持仓","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4581":"高盛持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","BK4543":"AI","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","TLA":"GraniteShares Autocallable TSLA ETF","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4516":"特朗普概念","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","AMZN":"亚马逊","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TSDD":"2倍做空TSLA ETF-GraniteShares","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","TSYY":"收益增强TSLA ETF-GraniteShares","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4099":"汽车制造商","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4585":"ETF&股票定投概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4592":"伊斯兰概念","BK4555":"新能源车","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","GOOG":"谷歌","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","TSII":"REX TSLA Growth & Income ETF","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4588":"碎股","BK4550":"红杉资本持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","TSL":"1.25倍做多TSLA ETF-GraniteShares","META":"Meta Platforms, Inc.","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","AAPL":"苹果","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4551":"寇图资本持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","TSLI":"2倍做多TSLA ETF-ProShares","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","TSLP":"TSLA收益溢价策略ETF-Kurv","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4612":"AI芯片","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","TSLQ":"2倍做空TSLA ETF-Tradr","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","TSLR":"2倍做多TSLA ETF-GraniteShares","LU1548497426.USD":"安联环球人工智能AT Acc","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","MSFT":"微软","TSLS":"1倍做空TSLA ETF-Direxion","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLT":"2倍做多TSLA ETF-T-Rex","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","TSLW":"TSLA周配息ETF-Roundhill","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","TSLY":"TSLA期权收益策略ETF-YieldMax","BK4604":"机器人概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD"},"source_url":"http://www.zhitongcaijing.com/content/detail/1430198.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2628201511","content_text":"据报道,特斯拉正计划最早于下周在印度发布一款全新、尺寸更大的Model Y车型Model Y L。Model Y L将是特斯拉自进入印度市场以来推出的首款新产品。特斯拉 Model Y L是 Model Y 的长轴距六座版本——该版本最初由特斯拉在中国市场首发——它增设了更为宽敞的第三排座椅,并进一步提升了面向家庭用户的实用性。该公司计划将这款全新的Model Y衍生车型从上海超级工厂运往印度;截至目前,上海工厂是唯一生产这款SUV的制造基地。据报道,特斯拉在印度扩充产品阵容的举措,是其更广泛战略的一部分,旨在通过推出现有车型的衍生版本来更新产品组合,而非发布基于全新平台打造的车型。受高额关税等因素的影响,特斯拉在印度的销量目前仍处于较低水平。据印度官方车辆登记数据,2025年全年特斯拉在该国仅注册了227辆汽车,远低于公司最初设定的2500辆年度配额目标。特斯拉选择此时加码印度并非毫无道理。印度电动车市场正处于爆发前夜。2026年3月,电动乘用车月度注册量同比增长49%,达到19711辆,创历史新高。2026财年全年,电动乘用车累计注册量达196754辆,较上一财年增长82%;电动两轮车全年销量达130万辆。政策端也在发力,印度政府计划在全国范围内建设7万个充电站,并继续对电动车维持5%的超低商品及服务税税率。更重要的是,Model Y L本身就是特斯拉\"衍生品战略\"的代表作。在全球销量连续两年下滑、2025年跌至约164万辆、头号电动车地位被比亚迪取代的背景下,特斯拉选择了以现有平台衍生新车型来维持产品新鲜度,而非投入巨资开发全新平台。这是一种务实的\"以小博大\"——用最小的研发投入,撬动最大的增量市场。该公司已表示Model YL并非仅在中国销售。该车型已确认进入澳大利亚和新西兰等市场,特斯拉也暗示未来可能会在其他地区推出。","news_type":1,"symbols_score_info":{"TESL":0.6,"TEST":0.6,"TSDD":0.6,"TSLZ":0.6,"TSLR":0.6,"TSLT":0.6,"07766":0.6,"TSLP":0.6,"AAPL":0.6,"NVDA":0.6,"TLA":0.6,"TSII":0.6,"TSLO":0.6,"AMZN":0.6,"MSFT":0.6,"TSLI":0.6,"TSL":0.6,"TSLA":1.98,"GOOG":0.6,"TSLW":0.6,"TSLG":0.6,"META":0.6,"TSLY":0.6,"TSYY":0.6,"TSLS":0.6,"CRSH":0.6,"TSLQ":0.6}},"isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":552169255494168,"gmtCreate":1775841513723,"gmtModify":1775841515769,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 过气股票,除了画饼还是画饼[开心] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 过气股票,除了画饼还是画饼[开心] ","text":"$特斯拉(TSLA)$ 过气股票,除了画饼还是画饼[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/552169255494168","isVote":1,"tweetType":1,"viewCount":3048,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569968827736584","authorId":"3569968827736584","name":"摩根财团首席执行官","avatar":"https://static.tigerbbs.com/04b6773002f87ca1460bc1427e3bf007","crmLevel":5,"crmLevelSwitch":1,"idStr":"3569968827736584","authorIdStr":"3569968827736584"},"content":"下周拉到700给你看[开心]","text":"下周拉到700给你看[开心]","html":"下周拉到700给你看[开心]"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":551766043887488,"gmtCreate":1775743144812,"gmtModify":1775743147822,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"又在画饼了,知情人士是谁?马圣派人扔烟雾弹了,又做芯片又做储能机器人又做新车型,不愧是宇宙第一大品牌,精力是无限的想做什么都会成功[你懂的] ","listText":"又在画饼了,知情人士是谁?马圣派人扔烟雾弹了,又做芯片又做储能机器人又做新车型,不愧是宇宙第一大品牌,精力是无限的想做什么都会成功[你懂的] ","text":"又在画饼了,知情人士是谁?马圣派人扔烟雾弹了,又做芯片又做储能机器人又做新车型,不愧是宇宙第一大品牌,精力是无限的想做什么都会成功[你懂的]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551766043887488","repostId":"2626186193","repostType":2,"repost":{"id":"2626186193","kind":"highlight","pubTimestamp":1775731939,"share":"https://www.laohu8.com/m/news/2626186193?lang=zh_CN&edition=full","pubTime":"2026-04-09 18:52","market":"us","language":"zh","title":"消息称特斯拉开发全新紧凑型SUV,价格亲民,或在上海工厂生产","url":"https://stock-news.laohu8.com/highlight/detail?id=2626186193","media":"智通财经网","summary":"或兼顾人工与无人驾驶选项。","content":"<html><head></head><body><p>据四位知情人士透露, <a href=\"https://laohu8.com/S/TSLA\">特斯拉</a> 正在研发一款全新的、尺寸更小、价格更亲民的电动SUV。</p><p style=\"text-align: justify;\">据称,特斯拉近期已与供应商展开接触,商讨这款紧凑型SUV的计划细节。该车型是一款全新产品,并非特斯拉现有Model 3或Model Y的衍生车型。双方讨论内容涉及制造流程以及各类零部件的规格要求。</p><p style=\"text-align: justify;\">其中三位消息人士称,这款紧凑型SUV将在中国生产,另一位则表示特斯拉还计划将生产扩大至美国和欧洲。两位消息人士透露,该车长度为4.28米(约14英尺),明显短于特斯拉最畅销的Model Y SUV,后者长度约为15.7英尺。</p><p style=\"text-align: justify;\">据了解,特斯拉首席执行官埃隆・马斯克曾在2024年决定取消备受期待的低成本电动汽车项目,转而将公司重心投向自动驾驶出租车和人形机器人领域。目前关键问题在于,此次研发小型SUV的举措,究竟是标志着特斯拉战略重回面向大众市场的有人驾驶电动汽车,还是这款新车型将更契合其完全自动驾驶汽车的愿景。</p><p style=\"text-align: justify;\">据一位了解新车项目的人士以及一位熟知特斯拉当前产品理念的员工称,这样一款车型有可能同时服务于这两个目标。这位特斯拉员工既未证实也未否认任何具体车型的细节,但总体表示,特斯拉目前的目标是打造可实现无人驾驶,但同时也提供有人驾驶选项的车型。</p><p style=\"text-align: justify;\">该人士还指出,尽管特斯拉致力于全系车型实现完全自动驾驶,但也意识到,全球许多市场在未来数年内仍无法大规模接受或法规上认可无人驾驶车辆。因此,保留某款车型是否配备驾驶控制装置的选项,有助于增加销量,并确保特斯拉的汽车工厂维持接近满产状态。</p><p style=\"text-align: justify;\">在特斯拉追逐无人驾驶未来的同时,一些分析师预测,为其带来绝大部分收入的传统电动汽车,将连续第三年出现销量下滑。截至目前,特斯拉仅在得克萨斯州奥斯汀运营少量自动驾驶出租车,其中许多车辆的副驾驶座位上还配备有人类安全员。</p><p style=\"text-align: justify;\">特斯拉未对有关新车型计划的置评请求作出回应。</p><p style=\"text-align: justify;\">四位了解该项目的人士均表示,该项目仍处于早期开发阶段。目前无法确定特斯拉是否已批准这款汽车投入生产。</p><p style=\"text-align: justify;\">特斯拉在产品开发方面,向来有项目长期延迟或最终取消的历史。例如,特斯拉在2017年展示了Roadster超级跑车和Semi半挂卡车的概念车型,但至今尚未量产该跑车,Semi也未实现大规模生产。</p><p style=\"text-align: justify;\">两位消息人士称,特斯拉计划为这款新车型设定的售价,将大幅低于其入门级Model 3。Model 3在中国的起售价为3.4万美元,在美国约为3.7万美元。他们还表示,特斯拉计划通过使用容量较小的电池来降低成本,这意味着其续航里程将比Model Y的306-327英里更短。</p><p style=\"text-align: justify;\">其中一位人士补充道,特斯拉还将为这款车配备单电机,而非当前车型的双电机性能配置选项。该人士称,特斯拉还希望将车身重量大幅降低至约1.5吨,相比之下,Model Y约为2吨。</p><p style=\"text-align: justify;\">三位消息人士表示,这款新车型将在特斯拉上海工厂生产。尽管具体时间尚不确定,但今年不太可能开始生产。</p><p style=\"text-align: justify;\"><strong>特斯拉在平价电动汽车领域的反复历程</strong></p><p style=\"text-align: justify;\">自2008年特斯拉开始生产豪华电动汽车后的数年里,马斯克一直表示,公司的真正使命是生产价格亲民、面向大众市场的电动汽车,这对于应对气候危机至关重要。然而,迄今为止,为实现这一目标所做的努力时断时续,至今未能如愿。</p><p style=\"text-align: justify;\">从2020年起,马斯克宣称特斯拉的目标是到本十年末,每年销售2000万辆汽车,几乎是目前全球销量领先的丰田汽车(TM.US)销量的两倍。马斯克大力宣扬的一款售价2.5万美元的电动汽车项目,常被特斯拉粉丝和投资者称为“Model 2”,原本预计将推动汽车销量爆发式增长。</p><p style=\"text-align: justify;\">但在2024年有报道称特斯拉已放弃Model 2计划,不过仍打算在同一平台上开发无人驾驶出租车。当时,特斯拉在中国的主要电动汽车竞争对手已开始生产价格更低的车型。同年晚些时候,马斯克表示,对于特斯拉而言,生产一款面向有人驾驶的2.5万美元电动汽车“毫无意义”且“愚蠢”,因为公司很快将推出无人驾驶汽车。</p><p style=\"text-align: justify;\">一位前特斯拉经理表示,一款全新的廉价传统汽车,将与特斯拉在2025年年中之前的理念存在显著差异。该经理称,在此之前,特斯拉已放弃大规模生产入门级汽车的努力,转而将无人驾驶出租车视为降低乘客每英里出行成本以及车主充电成本的关键。</p><p style=\"text-align: justify;\">在取消Model 2计划后,马斯克和其他特斯拉高管曾含糊地描述过新型“更实惠”电动汽车的不同计划。然而,去年秋季推出的车型,只是当前Model 3和Model Y的精简版,以新的“标准”配置级别推出,仅提供适度的折扣。</p><p style=\"text-align: justify;\">Model 3标准续航版在美国的售价为36990美元,Model Y为39990美元,一些投资者认为这个价格过高,难以吸引新的消费群体,且对特斯拉的整体销量尚未产生显著影响。</p><p style=\"text-align: justify;\"><strong>无人驾驶Cybercab能否如期推进?</strong></p><p style=\"text-align: justify;\">在公开场合,马斯克和特斯拉持续强调无人驾驶出租车和人形机器人计划,这有效地维持了特斯拉令人瞩目的市值。</p><p style=\"text-align: justify;\">特斯拉的市值约为1.3万亿美元,远远超过其财务基本面所应支撑的水平,即便与其他高估值科技同行相比亦是如此。去年,投资者批准了一项薪酬方案,根据一系列产品和财务目标,马斯克最多可获得1万亿美元的特斯拉股票。</p><p style=\"text-align: justify;\">特斯拉目前表示,计划于本月开始生产一款双门Cybercab无人驾驶出租车,该车型于2024年首次作为概念车亮相,没有踏板和方向盘。但目前尚不清楚这款车何时上市销售,或何时能在特斯拉运营的无人驾驶出租车车队中投入使用。美国国家公路交通安全管理局的一位发言人表示,特斯拉尚未申请销售无方向盘和踏板车辆所需的联邦豁免。</p></body></html>","source":"highlight_zhitongcaijin","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>消息称特斯拉开发全新紧凑型SUV,价格亲民,或在上海工厂生产</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n消息称特斯拉开发全新紧凑型SUV,价格亲民,或在上海工厂生产\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-09 18:52 北京时间 <a href=https://www.zhitongcaijing.com/content/detail/1426720.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>据四位知情人士透露, 特斯拉 正在研发一款全新的、尺寸更小、价格更亲民的电动SUV。据称,特斯拉近期已与供应商展开接触,商讨这款紧凑型SUV的计划细节。该车型是一款全新产品,并非特斯拉现有Model 3或Model Y的衍生车型。双方讨论内容涉及制造流程以及各类零部件的规格要求。其中三位消息人士称,这款紧凑型SUV将在中国生产,另一位则表示特斯拉还计划将生产扩大至美国和欧洲。两位消息人士透露,该车...</p>\n\n<a href=\"https://www.zhitongcaijing.com/content/detail/1426720.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/340d3c04436bbba1df239d6d4a7e3fd2","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zhitongcaijing.com/content/detail/1426720.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2626186193","content_text":"据四位知情人士透露, 特斯拉 正在研发一款全新的、尺寸更小、价格更亲民的电动SUV。据称,特斯拉近期已与供应商展开接触,商讨这款紧凑型SUV的计划细节。该车型是一款全新产品,并非特斯拉现有Model 3或Model Y的衍生车型。双方讨论内容涉及制造流程以及各类零部件的规格要求。其中三位消息人士称,这款紧凑型SUV将在中国生产,另一位则表示特斯拉还计划将生产扩大至美国和欧洲。两位消息人士透露,该车长度为4.28米(约14英尺),明显短于特斯拉最畅销的Model Y SUV,后者长度约为15.7英尺。据了解,特斯拉首席执行官埃隆・马斯克曾在2024年决定取消备受期待的低成本电动汽车项目,转而将公司重心投向自动驾驶出租车和人形机器人领域。目前关键问题在于,此次研发小型SUV的举措,究竟是标志着特斯拉战略重回面向大众市场的有人驾驶电动汽车,还是这款新车型将更契合其完全自动驾驶汽车的愿景。据一位了解新车项目的人士以及一位熟知特斯拉当前产品理念的员工称,这样一款车型有可能同时服务于这两个目标。这位特斯拉员工既未证实也未否认任何具体车型的细节,但总体表示,特斯拉目前的目标是打造可实现无人驾驶,但同时也提供有人驾驶选项的车型。该人士还指出,尽管特斯拉致力于全系车型实现完全自动驾驶,但也意识到,全球许多市场在未来数年内仍无法大规模接受或法规上认可无人驾驶车辆。因此,保留某款车型是否配备驾驶控制装置的选项,有助于增加销量,并确保特斯拉的汽车工厂维持接近满产状态。在特斯拉追逐无人驾驶未来的同时,一些分析师预测,为其带来绝大部分收入的传统电动汽车,将连续第三年出现销量下滑。截至目前,特斯拉仅在得克萨斯州奥斯汀运营少量自动驾驶出租车,其中许多车辆的副驾驶座位上还配备有人类安全员。特斯拉未对有关新车型计划的置评请求作出回应。四位了解该项目的人士均表示,该项目仍处于早期开发阶段。目前无法确定特斯拉是否已批准这款汽车投入生产。特斯拉在产品开发方面,向来有项目长期延迟或最终取消的历史。例如,特斯拉在2017年展示了Roadster超级跑车和Semi半挂卡车的概念车型,但至今尚未量产该跑车,Semi也未实现大规模生产。两位消息人士称,特斯拉计划为这款新车型设定的售价,将大幅低于其入门级Model 3。Model 3在中国的起售价为3.4万美元,在美国约为3.7万美元。他们还表示,特斯拉计划通过使用容量较小的电池来降低成本,这意味着其续航里程将比Model Y的306-327英里更短。其中一位人士补充道,特斯拉还将为这款车配备单电机,而非当前车型的双电机性能配置选项。该人士称,特斯拉还希望将车身重量大幅降低至约1.5吨,相比之下,Model Y约为2吨。三位消息人士表示,这款新车型将在特斯拉上海工厂生产。尽管具体时间尚不确定,但今年不太可能开始生产。特斯拉在平价电动汽车领域的反复历程自2008年特斯拉开始生产豪华电动汽车后的数年里,马斯克一直表示,公司的真正使命是生产价格亲民、面向大众市场的电动汽车,这对于应对气候危机至关重要。然而,迄今为止,为实现这一目标所做的努力时断时续,至今未能如愿。从2020年起,马斯克宣称特斯拉的目标是到本十年末,每年销售2000万辆汽车,几乎是目前全球销量领先的丰田汽车(TM.US)销量的两倍。马斯克大力宣扬的一款售价2.5万美元的电动汽车项目,常被特斯拉粉丝和投资者称为“Model 2”,原本预计将推动汽车销量爆发式增长。但在2024年有报道称特斯拉已放弃Model 2计划,不过仍打算在同一平台上开发无人驾驶出租车。当时,特斯拉在中国的主要电动汽车竞争对手已开始生产价格更低的车型。同年晚些时候,马斯克表示,对于特斯拉而言,生产一款面向有人驾驶的2.5万美元电动汽车“毫无意义”且“愚蠢”,因为公司很快将推出无人驾驶汽车。一位前特斯拉经理表示,一款全新的廉价传统汽车,将与特斯拉在2025年年中之前的理念存在显著差异。该经理称,在此之前,特斯拉已放弃大规模生产入门级汽车的努力,转而将无人驾驶出租车视为降低乘客每英里出行成本以及车主充电成本的关键。在取消Model 2计划后,马斯克和其他特斯拉高管曾含糊地描述过新型“更实惠”电动汽车的不同计划。然而,去年秋季推出的车型,只是当前Model 3和Model Y的精简版,以新的“标准”配置级别推出,仅提供适度的折扣。Model 3标准续航版在美国的售价为36990美元,Model Y为39990美元,一些投资者认为这个价格过高,难以吸引新的消费群体,且对特斯拉的整体销量尚未产生显著影响。无人驾驶Cybercab能否如期推进?在公开场合,马斯克和特斯拉持续强调无人驾驶出租车和人形机器人计划,这有效地维持了特斯拉令人瞩目的市值。特斯拉的市值约为1.3万亿美元,远远超过其财务基本面所应支撑的水平,即便与其他高估值科技同行相比亦是如此。去年,投资者批准了一项薪酬方案,根据一系列产品和财务目标,马斯克最多可获得1万亿美元的特斯拉股票。特斯拉目前表示,计划于本月开始生产一款双门Cybercab无人驾驶出租车,该车型于2024年首次作为概念车亮相,没有踏板和方向盘。但目前尚不清楚这款车何时上市销售,或何时能在特斯拉运营的无人驾驶出租车车队中投入使用。美国国家公路交通安全管理局的一位发言人表示,特斯拉尚未申请销售无方向盘和踏板车辆所需的联邦豁免。","news_type":1,"symbols_score_info":{"TSLA":2}},"isVote":1,"tweetType":1,"viewCount":692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":551471303596216,"gmtCreate":1775658458521,"gmtModify":1775658460889,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 高开低走,非常漂亮,马圣的远程畜牧业好像不太给力了[开心] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 高开低走,非常漂亮,马圣的远程畜牧业好像不太给力了[开心] ","text":"$特斯拉(TSLA)$ 高开低走,非常漂亮,马圣的远程畜牧业好像不太给力了[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551471303596216","isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":551023926769432,"gmtCreate":1775549234996,"gmtModify":1775549237593,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"4月22日,马圣的远程畜牧业又要发光发热了吗[开心] ","listText":"4月22日,马圣的远程畜牧业又要发光发热了吗[开心] ","text":"4月22日,马圣的远程畜牧业又要发光发热了吗[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551023926769432","repostId":"2625708989","repostType":2,"repost":{"id":"2625708989","kind":"news","pubTimestamp":1775540846,"share":"https://www.laohu8.com/m/news/2625708989?lang=zh_CN&edition=full","pubTime":"2026-04-07 13:47","market":"hk","language":"zh","title":"小摩绩前唱空特斯拉,警告股价恐暴跌60%","url":"https://stock-news.laohu8.com/highlight/detail?id=2625708989","media":"智通财经","summary":"Brinkma及其团队目前预计特斯拉第一季度每股收益为0.30美元,低于此前预期的0.43美元,而市场普遍预期为0.38美元。他指出,尽管交付量增长乏力,但“令人难以置信的是”,特斯拉当前股价仍比2022年6月交付量达到峰值时高出50%以上。据悉,特拉斯将于4月22日公布一季度财报。由于一季度交付量不及预期,特拉斯股价近期走低。","content":"<html><head></head><body><p>智通财经APP获悉,在<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>(TSLA.US)发布第一季度财报前,长期看空特斯拉的<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>周一重申了对这家电动汽车和自动驾驶公司的“减持”评级。</p><p>分析师Ryan Brinkman指出,特斯拉第一季度的交付报告表现不佳,且储能设备的安装量也出现了同比下降。Brinkma及其团队目前预计特斯拉第一季度每股收益为0.30美元,低于此前预期的0.43美元,而市场普遍预期为0.38美元。</p><p>Brinkman表示:“我们仍然认为特斯拉股价将下跌60%,至我们设定的2026年12月145美元目标价,并建议投资者对特斯拉股票保持高度谨慎。尽管特斯拉股价上涨反映出市场对其未来数年盈利预期的大幅增强,但与此同时,至少到2030年前,所有业绩指标的普遍预期都出现了大幅下降,因此,投资者要充分考虑到执行风险以及资金的时间价值。” 他指出,尽管交付量增长乏力,但“令人难以置信的是”,特斯拉当前股价仍比2022年6月交付量达到峰值时高出50%以上。</p><p>展望未来,摩根大通认为特斯拉的投资利好因素,例如其高度差异化的商业模式、有吸引力的产品组合和领先的技术,无法完全抵消其高于平均水平的执行风险、日益激烈的竞争、品牌形象争议不断以及估值所带来的影响。</p><p>据悉,特拉斯将于4月22日公布一季度财报。由于一季度交付量不及预期,特拉斯股价近期走低。该股周一跌超2%,报352.82美元,今年以来下跌22%。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小摩绩前唱空特斯拉,警告股价恐暴跌60%</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n小摩绩前唱空特斯拉,警告股价恐暴跌60%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-07 13:47 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1425373.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉,在特斯拉(TSLA.US)发布第一季度财报前,长期看空特斯拉的摩根大通周一重申了对这家电动汽车和自动驾驶公司的“减持”评级。分析师Ryan Brinkman指出,特斯拉第一季度的交付报告表现不佳,且储能设备的安装量也出现了同比下降。Brinkma及其团队目前预计特斯拉第一季度每股收益为0.30美元,低于此前预期的0.43美元,而市场普遍预期为0.38美元。Brinkman表示:...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1425373.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8350896f4f33c86bc28f200b67ab82b4","relate_stocks":{"LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4612":"AI芯片","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","META":"Meta Platforms, Inc.","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1917777945.USD":"安联专题基金Cl AT Acc","SG9999002232.USD":"Allianz Global High Payout USD","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU0971096721.USD":"富达环球金融服务 A","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","BK4574":"无人驾驶","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","TSII":"REX TSLA Growth & Income ETF","LU0823411888.USD":"法巴消费创新基金 Cap","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","BK4581":"高盛持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4543":"AI","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4511":"特斯拉概念","JPMO":"JPM期权收益策略ETF-YieldMax","TSLI":"2倍做多TSLA ETF-ProShares","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","BK4516":"特朗普概念","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","TSLP":"TSLA收益溢价策略ETF-Kurv","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","BK4592":"伊斯兰概念","NVDA":"英伟达","MSFT":"微软","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443895.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","TSLQ":"2倍做空TSLA ETF-Tradr","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSLR":"2倍做多TSLA ETF-GraniteShares","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4548":"巴美列捷福持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","TSLS":"1倍做空TSLA ETF-Direxion","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0238689110.USD":"贝莱德环球动力股票基金","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TSLT":"2倍做多TSLA ETF-T-Rex","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","AAPL":"苹果","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","TSLW":"TSLA周配息ETF-Roundhill","TSLY":"TSLA期权收益策略ETF-YieldMax","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0048584097.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","TSLZ":"2倍做空TSLA ETF-T-Rex","BK4099":"汽车制造商","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4585":"ETF&股票定投概念","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD) INC AV","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","BK4555":"新能源车","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU2237443465.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4550":"红杉资本持仓","BK4588":"碎股","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","TSLA":"特斯拉","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","07766":"南方两倍做多特斯拉","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","GOOG":"谷歌","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","BK4566":"资本集团","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","TLA":"GraniteShares Autocallable TSLA ETF","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","BK4504":"桥水持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","AMZN":"亚马逊","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4207":"综合性银行","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU0106831901.USD":"贝莱德世界金融基金A2","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BK4604":"机器人概念","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","BK4527":"明星科技股","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","TSDD":"2倍做空TSLA ETF-GraniteShares","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","TSYY":"收益增强TSLA ETF-GraniteShares","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD"},"source_url":"http://www.zhitongcaijing.com/content/detail/1425373.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2625708989","content_text":"智通财经APP获悉,在特斯拉(TSLA.US)发布第一季度财报前,长期看空特斯拉的摩根大通周一重申了对这家电动汽车和自动驾驶公司的“减持”评级。分析师Ryan Brinkman指出,特斯拉第一季度的交付报告表现不佳,且储能设备的安装量也出现了同比下降。Brinkma及其团队目前预计特斯拉第一季度每股收益为0.30美元,低于此前预期的0.43美元,而市场普遍预期为0.38美元。Brinkman表示:“我们仍然认为特斯拉股价将下跌60%,至我们设定的2026年12月145美元目标价,并建议投资者对特斯拉股票保持高度谨慎。尽管特斯拉股价上涨反映出市场对其未来数年盈利预期的大幅增强,但与此同时,至少到2030年前,所有业绩指标的普遍预期都出现了大幅下降,因此,投资者要充分考虑到执行风险以及资金的时间价值。” 他指出,尽管交付量增长乏力,但“令人难以置信的是”,特斯拉当前股价仍比2022年6月交付量达到峰值时高出50%以上。展望未来,摩根大通认为特斯拉的投资利好因素,例如其高度差异化的商业模式、有吸引力的产品组合和领先的技术,无法完全抵消其高于平均水平的执行风险、日益激烈的竞争、品牌形象争议不断以及估值所带来的影响。据悉,特拉斯将于4月22日公布一季度财报。由于一季度交付量不及预期,特拉斯股价近期走低。该股周一跌超2%,报352.82美元,今年以来下跌22%。","news_type":1,"symbols_score_info":{"CRSH":0.6,"TEST":0.6,"TSLY":0.6,"TSLT":0.6,"TSDD":0.6,"NVDA":0.6,"TSLR":0.6,"TSII":0.6,"TSLG":0.6,"META":0.6,"TSLS":0.6,"AMZN":0.6,"07766":0.6,"TSLO":0.6,"TSLQ":0.6,"TSLP":0.6,"TSLW":0.6,"TSLA":1.98,"TSL":0.6,"JPMO":0.6,"TLA":0.6,"AAPL":0.6,"TESL":0.6,"TSLZ":0.6,"TSLI":0.6,"MSFT":0.6,"TSYY":0.6,"GOOG":0.6}},"isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":550782097508472,"gmtCreate":1775490193238,"gmtModify":1775490195150,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 向着三百俯冲吧,画的饼已经不太能支撑现在的估值了,再不落地真正有影响力的内容还有得跌[开心] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 向着三百俯冲吧,画的饼已经不太能支撑现在的估值了,再不落地真正有影响力的内容还有得跌[开心] ","text":"$特斯拉(TSLA)$ 向着三百俯冲吧,画的饼已经不太能支撑现在的估值了,再不落地真正有影响力的内容还有得跌[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/550782097508472","isVote":1,"tweetType":1,"viewCount":1911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":549150194685088,"gmtCreate":1775091709690,"gmtModify":1775091712142,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"完全自动驾驶,配吗?还叫这个名字","listText":"完全自动驾驶,配吗?还叫这个名字","text":"完全自动驾驶,配吗?还叫这个名字","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/549150194685088","repostId":"2624516676","repostType":2,"repost":{"id":"2624516676","kind":"news","pubTimestamp":1775047800,"share":"https://www.laohu8.com/m/news/2624516676?lang=zh_CN&edition=full","pubTime":"2026-04-01 20:50","market":"us","language":"zh","title":"特斯拉即将推出下一版FSD更新","url":"https://stock-news.laohu8.com/highlight/detail?id=2624516676","media":"环球市场播报","summary":"特斯拉似乎准备推出其下一版完全自动驾驶(FSD)更新,而且推出时间可能早于预期。\n 埃隆·马斯克表示,14.3版本已在员工内部进行测试,应可在本周末前准备好进行更广泛的发布。这通常表明特斯拉对该软件的状态感到满意。\n 但此次更新并非在真空中进行。监管机构正密切关注。在发生一系列事故(包括一起致命车祸)后,美国安全官员已对特斯拉的系统展开了更深入的审查,该软件在低能见度条件下表现不佳。\n 因此,一方面,特斯拉持续推动更新并改进系统。另一方面,要求其证明能够安全处理现实世界边缘案例的压力也与日俱增。\n\n\n海量资讯、精准解读,尽在新浪财经APP\n\n责任编辑:张俊 SF065","content":"<html><body><div>\n<p> <span><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a></span><span></span>似乎准备推出其下一版完全自动驾驶(FSD)更新,而且推出时间可能早于预期。</p>\n<p> 埃隆·马斯克表示,14.3版本已在员工内部进行测试,应可在本周末前准备好进行更广泛的发布。这通常表明特斯拉对该软件的状态感到满意。</p>\n<p> 但此次更新并非在真空中进行。监管机构正密切关注。在发生一系列事故(包括一起致命车祸)后,美国安全官员已对特斯拉的系统展开了更深入的审查,该软件在低能见度条件下表现不佳。</p>\n<p> 因此,一方面,特斯拉持续推动更新并改进系统。另一方面,要求其证明能够安全处理现实世界边缘案例的压力也与日俱增。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量资讯、精准解读,尽在新浪财经APP</div>\n</div>\n<p>责任编辑:张俊 SF065</p>\n</div></body></html>","source":"sina","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>特斯拉即将推出下一版FSD更新</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉即将推出下一版FSD更新\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-01 20:50 北京时间 <a href=https://finance.sina.com.cn/stock/usstock/c/2026-04-01/doc-inhszayu1642107.shtml><strong>环球市场播报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>特斯拉似乎准备推出其下一版完全自动驾驶(FSD)更新,而且推出时间可能早于预期。\n 埃隆·马斯克表示,14.3版本已在员工内部进行测试,应可在本周末前准备好进行更广泛的发布。这通常表明特斯拉对该软件的状态感到满意。\n 但此次更新并非在真空中进行。监管机构正密切关注。在发生一系列事故(包括一起致命车祸)后,美国安全官员已对特斯拉的系统展开了更深入的审查,该软件在低能见度条件下表现不佳。\n 因此...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2026-04-01/doc-inhszayu1642107.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4099":"汽车制造商","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4585":"ETF&股票定投概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4555":"新能源车","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","TSDD":"2倍做空TSLA ETF-GraniteShares","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","TSYY":"收益增强TSLA ETF-GraniteShares","BK4550":"红杉资本持仓","BK4588":"碎股","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","TSII":"REX TSLA Growth & Income ETF","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","TSL":"1.25倍做多TSLA ETF-GraniteShares","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","TSLI":"2倍做多TSLA ETF-ProShares","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","TSLP":"TSLA收益溢价策略ETF-Kurv","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","TSLQ":"2倍做空TSLA ETF-Tradr","BK4604":"机器人概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","TSLR":"2倍做多TSLA ETF-GraniteShares","BK4527":"明星科技股","TSLS":"1倍做空TSLA ETF-Direxion","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","TSLT":"2倍做多TSLA ETF-T-Rex","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSLW":"TSLA周配息ETF-Roundhill","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","TSLY":"TSLA期权收益策略ETF-YieldMax","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4612":"AI芯片","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","TSLZ":"2倍做空TSLA ETF-T-Rex","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4574":"无人驾驶","TESL":"Simplify Volt TSLA Revolution ETF","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU0823411888.USD":"法巴消费创新基金 Cap","TSLA":"特斯拉","BK4581":"高盛持仓","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4543":"AI","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4511":"特斯拉概念","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","07766":"南方两倍做多特斯拉","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","BK4516":"特朗普概念","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4592":"伊斯兰概念","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4548":"巴美列捷福持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TLA":"GraniteShares Autocallable TSLA ETF","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2026-04-01/doc-inhszayu1642107.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","article_id":"2624516676","content_text":"特斯拉似乎准备推出其下一版完全自动驾驶(FSD)更新,而且推出时间可能早于预期。\n 埃隆·马斯克表示,14.3版本已在员工内部进行测试,应可在本周末前准备好进行更广泛的发布。这通常表明特斯拉对该软件的状态感到满意。\n 但此次更新并非在真空中进行。监管机构正密切关注。在发生一系列事故(包括一起致命车祸)后,美国安全官员已对特斯拉的系统展开了更深入的审查,该软件在低能见度条件下表现不佳。\n 因此,一方面,特斯拉持续推动更新并改进系统。另一方面,要求其证明能够安全处理现实世界边缘案例的压力也与日俱增。\n\n\n海量资讯、精准解读,尽在新浪财经APP\n\n责任编辑:张俊 SF065","news_type":1,"symbols_score_info":{"CRSH":0.6,"TEST":0.6,"TSLY":0.6,"TSLT":0.6,"TSDD":0.6,"TSLR":0.6,"TSII":0.6,"TSLG":0.6,"TSLS":0.6,"07766":0.6,"TSLO":0.6,"TSLQ":0.6,"TSLW":0.6,"TSLP":0.6,"TSLA":1.95,"TSL":0.6,"TLA":0.6,"TESL":0.6,"TSLZ":0.6,"TSLI":0.6,"TSYY":0.6}},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":548495263617600,"gmtCreate":1774922704201,"gmtModify":1774922706882,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"上市幻想就破灭,马圣说不缺钱,又要上市[微笑] ","listText":"上市幻想就破灭,马圣说不缺钱,又要上市[微笑] ","text":"上市幻想就破灭,马圣说不缺钱,又要上市[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/548495263617600","repostId":"1170277110","repostType":2,"repost":{"id":"1170277110","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1774849971,"share":"https://www.laohu8.com/m/news/1170277110?lang=zh_CN&edition=full","pubTime":"2026-03-30 13:52","market":"us","language":"zh","title":"SpaceX拟募资逾750亿美元,IPO市场面临资金饱和考验","url":"https://stock-news.laohu8.com/highlight/detail?id=1170277110","media":"老虎资讯综合","summary":"SpaceX最快将于数日内向美国证交会提交IPO申请文件,市场对其募资规模的揣测已炒得沸沸扬扬。若以去年美国IPO市场总集资额775亿美元计算,SpaceX单一公司的目标已接近去年全美IPO总额。SpaceX并非唯一计划今年上市的大型企业。据悉,人工智能公司Anthropic正探讨最快第四季IPO,投行估计其集资额可达600亿美元;OpenAI的IPO亦在酝酿之中。市场普遍预期,SpaceX的公开财务资料至少还要数月才能曝光,届时才能更准确评估其实际估值及集资规模。","content":"<html><head></head><body><p style=\"text-align: start;\">SpaceX最快将于数日内向美国证交会提交IPO申请文件,市场对其募资规模的揣测已炒得沸沸扬扬。据早前报道,投行人士估计该公司有机会筹集超过750亿美元,这是一个令市场咋舌的数字。若以去年美国IPO市场总集资额775亿美元计算,SpaceX单一公司的目标已接近去年全美IPO总额。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2ea964c3fe35557483dbafb1c4155ce\" title=\"\" tg-width=\"2048\" tg-height=\"1152\"/></p><h3 id=\"id_4204041016\">AI巨头排队上市 市场资金能否承接?</h3><p style=\"text-align: start;\">SpaceX并非唯一计划今年上市的大型企业。据悉,人工智能公司Anthropic正探讨最快第四季IPO,投行估计其集资额可达600亿美元;OpenAI的IPO亦在酝酿之中。在短短12个月内,三间巨头若同时上市,市场是否有足够资金承接,成为一大疑问。</p><p style=\"text-align: start;\">回顾2021年超低息环境下,美股IPO总集资额曾达3160亿美元,惟自2022年利率回升后,市场流动性已大不如前。倘若市况持续波动,至少有一家企业的上市计划可能落空。</p><h3 id=\"id_658031724\">AI企业增长惊人 SpaceX增速相对逊色</h3><p style=\"text-align: start;\">OpenAI及Anthropic受惠于人工智能热潮,增长惊人。据报道,Anthropic今年首两个月的年化销售额已较去年翻倍。</p><p style=\"text-align: start;\">反观SpaceX,其财务表现透明度较低,但路透报道指去年收入约160亿美元,而2022年《华尔街日报》报道其收入仅46亿美元,两年来增长虽快,但相比AI企业的爆炸式增长仍显得温和。这亦意味SpaceX要支撑创办人马斯克将其与xAI合并后订出的1.25万亿美元估值,难度不小。</p><h3 id=\"id_3496365914\">Starlink为收入主力 估值天花板明显</h3><p style=\"text-align: start;\">SpaceX最大收入来源为星链卫星互联网服务,该业务虽具成长性,但本质上属基础设施型,与市场给予AI企业的“超高估值”逻辑并不完全匹配。</p><p style=\"text-align: start;\">尽管马斯克在散户投资者中号召力巨大,任何事均有可能,但最终SpaceX能否以理想估值及集资额成功上市,仍取决于其财务报表披露后的真实数据。</p><h3 id=\"id_2500124584\">投行推波助澜 上市前估值恐难作准</h3><p style=\"text-align: start;\">投行在上市前通常会刻意营造热烈气氛,以推高定价,惟市况及投资者反应往往存在变数。市场普遍预期,SpaceX的公开财务资料至少还要数月才能曝光,届时才能更准确评估其实际估值及集资规模。在此之前,市场炒作的热度与现实之间,可能仍有一段距离。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX拟募资逾750亿美元,IPO市场面临资金饱和考验</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpaceX拟募资逾750亿美元,IPO市场面临资金饱和考验\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2026-03-30 13:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">SpaceX最快将于数日内向美国证交会提交IPO申请文件,市场对其募资规模的揣测已炒得沸沸扬扬。据早前报道,投行人士估计该公司有机会筹集超过750亿美元,这是一个令市场咋舌的数字。若以去年美国IPO市场总集资额775亿美元计算,SpaceX单一公司的目标已接近去年全美IPO总额。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2ea964c3fe35557483dbafb1c4155ce\" title=\"\" tg-width=\"2048\" tg-height=\"1152\"/></p><h3 id=\"id_4204041016\">AI巨头排队上市 市场资金能否承接?</h3><p style=\"text-align: start;\">SpaceX并非唯一计划今年上市的大型企业。据悉,人工智能公司Anthropic正探讨最快第四季IPO,投行估计其集资额可达600亿美元;OpenAI的IPO亦在酝酿之中。在短短12个月内,三间巨头若同时上市,市场是否有足够资金承接,成为一大疑问。</p><p style=\"text-align: start;\">回顾2021年超低息环境下,美股IPO总集资额曾达3160亿美元,惟自2022年利率回升后,市场流动性已大不如前。倘若市况持续波动,至少有一家企业的上市计划可能落空。</p><h3 id=\"id_658031724\">AI企业增长惊人 SpaceX增速相对逊色</h3><p style=\"text-align: start;\">OpenAI及Anthropic受惠于人工智能热潮,增长惊人。据报道,Anthropic今年首两个月的年化销售额已较去年翻倍。</p><p style=\"text-align: start;\">反观SpaceX,其财务表现透明度较低,但路透报道指去年收入约160亿美元,而2022年《华尔街日报》报道其收入仅46亿美元,两年来增长虽快,但相比AI企业的爆炸式增长仍显得温和。这亦意味SpaceX要支撑创办人马斯克将其与xAI合并后订出的1.25万亿美元估值,难度不小。</p><h3 id=\"id_3496365914\">Starlink为收入主力 估值天花板明显</h3><p style=\"text-align: start;\">SpaceX最大收入来源为星链卫星互联网服务,该业务虽具成长性,但本质上属基础设施型,与市场给予AI企业的“超高估值”逻辑并不完全匹配。</p><p style=\"text-align: start;\">尽管马斯克在散户投资者中号召力巨大,任何事均有可能,但最终SpaceX能否以理想估值及集资额成功上市,仍取决于其财务报表披露后的真实数据。</p><h3 id=\"id_2500124584\">投行推波助澜 上市前估值恐难作准</h3><p style=\"text-align: start;\">投行在上市前通常会刻意营造热烈气氛,以推高定价,惟市况及投资者反应往往存在变数。市场普遍预期,SpaceX的公开财务资料至少还要数月才能曝光,届时才能更准确评估其实际估值及集资规模。在此之前,市场炒作的热度与现实之间,可能仍有一段距离。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f16a7a67d0d2e6f1e72c43b8fe10d226","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170277110","content_text":"SpaceX最快将于数日内向美国证交会提交IPO申请文件,市场对其募资规模的揣测已炒得沸沸扬扬。据早前报道,投行人士估计该公司有机会筹集超过750亿美元,这是一个令市场咋舌的数字。若以去年美国IPO市场总集资额775亿美元计算,SpaceX单一公司的目标已接近去年全美IPO总额。AI巨头排队上市 市场资金能否承接?SpaceX并非唯一计划今年上市的大型企业。据悉,人工智能公司Anthropic正探讨最快第四季IPO,投行估计其集资额可达600亿美元;OpenAI的IPO亦在酝酿之中。在短短12个月内,三间巨头若同时上市,市场是否有足够资金承接,成为一大疑问。回顾2021年超低息环境下,美股IPO总集资额曾达3160亿美元,惟自2022年利率回升后,市场流动性已大不如前。倘若市况持续波动,至少有一家企业的上市计划可能落空。AI企业增长惊人 SpaceX增速相对逊色OpenAI及Anthropic受惠于人工智能热潮,增长惊人。据报道,Anthropic今年首两个月的年化销售额已较去年翻倍。反观SpaceX,其财务表现透明度较低,但路透报道指去年收入约160亿美元,而2022年《华尔街日报》报道其收入仅46亿美元,两年来增长虽快,但相比AI企业的爆炸式增长仍显得温和。这亦意味SpaceX要支撑创办人马斯克将其与xAI合并后订出的1.25万亿美元估值,难度不小。Starlink为收入主力 估值天花板明显SpaceX最大收入来源为星链卫星互联网服务,该业务虽具成长性,但本质上属基础设施型,与市场给予AI企业的“超高估值”逻辑并不完全匹配。尽管马斯克在散户投资者中号召力巨大,任何事均有可能,但最终SpaceX能否以理想估值及集资额成功上市,仍取决于其财务报表披露后的真实数据。投行推波助澜 上市前估值恐难作准投行在上市前通常会刻意营造热烈气氛,以推高定价,惟市况及投资者反应往往存在变数。市场普遍预期,SpaceX的公开财务资料至少还要数月才能曝光,届时才能更准确评估其实际估值及集资规模。在此之前,市场炒作的热度与现实之间,可能仍有一段距离。","news_type":1,"symbols_score_info":{"TSLA":2}},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":548447096643944,"gmtCreate":1774921793913,"gmtModify":1774921796275,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"卑鄙的马圣还是有一手的","listText":"卑鄙的马圣还是有一手的","text":"卑鄙的马圣还是有一手的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/548447096643944","repostId":"2623788543","repostType":2,"repost":{"id":"2623788543","kind":"news","pubTimestamp":1774914978,"share":"https://www.laohu8.com/m/news/2623788543?lang=zh_CN&edition=full","pubTime":"2026-03-31 07:56","market":"sh","language":"zh","title":"马斯克叫板成功,美法官因点赞争议回避特斯拉诉讼","url":"https://stock-news.laohu8.com/highlight/detail?id=2623788543","media":"凤凰网科技","summary":"大法官麦考密克回避诉讼不过,虽然她并未正式宣布回避,但她表示,“媒体对法官处理某一案件给予过度的关注,不利于司法公正”。马斯克的这些案件将被重新分配给特拉华州的其他三位法官,即副大法官。在薪酬案件的审判中败诉后,马斯克一直对特拉华州法院和麦考密克法官表示不满。","content":"<html><body><p><img src=\"https://x0.ifengimg.com/ucms/2026_14/7E2BE703A84A323445E95CFC54C416B1804E74D0_size901_w1372_h768.png\"/></p><p>马斯克</p><p><a href=\"https://laohu8.com/S/600716\">凤凰</a>网科技讯 北京时间3月31日,据《金融时报》报道,埃隆·马斯克(Elon Musk)在特拉华州的法律纠纷将移交新任法官审理。该州最高公司法法官在发生公正性争议后,决定重新分配三起案件的法官。</p><p>在此之前,<strong>马斯克的律师已要求特拉华州衡平法院大法官凯瑟琳·麦考密克(Kathaleen McCormick)回避,原因是她的领英账号似乎“点赞”了一篇庆祝马斯克近期败诉的帖子。</strong>她否认了存在偏见的说法,称自己既未看到也未支持该帖子。</p><p>麦考密克周一在写给马斯克案件律师的信中称:“要求我回避的动议建立在一个错误前提上,即我支持了一条关于马斯克先生的领英帖子,而事实上我并不支持。我对这些案件中的被告没有偏见。实际上,我就在去年就驳回了一起针对马斯克先生的诉讼。”</p><p><img src=\"https://x0.ifengimg.com/ucms/2026_14/0C79841EBEC02449B3E1C77E5457B49D0DB44823_size839_w920_h942.png\"/></p><p>大法官麦考密克回避诉讼</p><p>不过,虽然她并未正式宣布回避,但她表示,“媒体对法官处理某一案件给予过度的关注,不利于司法公正”。</p><p><strong>马斯克的这些案件将被重新分配给特拉华州的其他三位法官,即副大法官。</strong>其中一桩是<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>股东诉讼的遗留案件,该诉讼质疑马斯克价值560亿美元的薪酬方案。麦考密克在两份不同的裁决中取消了这笔薪酬方案,理由是特斯拉董事会与马斯克关系过于密切。不过,去年12月,特拉华州最高法院推翻了取消该薪酬方案的裁决。</p><p>在薪酬案件的审判中败诉后,马斯克一直对特拉华州法院和麦考密克法官表示不满。(作者/箫雨)</p><p>更多一手新闻,欢迎下载凤凰新闻客户端订阅凤凰网科技。想看深度报道,请微信搜索“凤凰网科技”。</p></body></html>","source":"fenghuang_stock","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>马斯克叫板成功,美法官因点赞争议回避特斯拉诉讼</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n马斯克叫板成功,美法官因点赞争议回避特斯拉诉讼\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-31 07:56 北京时间 <a href=https://tech.ifeng.com/c/8rw0WzRf67Z><strong>凤凰网科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>马斯克凤凰网科技讯 北京时间3月31日,据《金融时报》报道,埃隆·马斯克(Elon Musk)在特拉华州的法律纠纷将移交新任法官审理。该州最高公司法法官在发生公正性争议后,决定重新分配三起案件的法官。在此之前,马斯克的律师已要求特拉华州衡平法院大法官凯瑟琳·麦考密克(Kathaleen McCormick)回避,原因是她的领英账号似乎“点赞”了一篇庆祝马斯克近期败诉的帖子。她否认了存在偏见的说法,...</p>\n\n<a href=\"https://tech.ifeng.com/c/8rw0WzRf67Z\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0082616367.USD":"摩根大通美国科技A(dist)","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4612":"AI芯片","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4574":"无人驾驶","LU0823411888.USD":"法巴消费创新基金 Cap","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4581":"高盛持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","BK4543":"AI","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","TLA":"GraniteShares Autocallable TSLA ETF","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4511":"特斯拉概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4534":"瑞士信贷持仓","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4516":"特朗普概念","UFO":"Procure Space ETF","BK4592":"伊斯兰概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","TSDD":"2倍做空TSLA ETF-GraniteShares","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TSYY":"收益增强TSLA ETF-GraniteShares","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4585":"ETF&股票定投概念","BK4099":"汽车制造商","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4555":"新能源车","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","TSII":"REX TSLA Growth & Income ETF","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4588":"碎股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","TSL":"1.25倍做多TSLA ETF-GraniteShares","BK4550":"红杉资本持仓","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","TSLI":"2倍做多TSLA ETF-ProShares","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","BK4598":"佩洛西持仓","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4551":"寇图资本持仓","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSLA":"特斯拉","TSLP":"TSLA收益溢价策略ETF-Kurv","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLQ":"2倍做空TSLA ETF-Tradr","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","TSLR":"2倍做多TSLA ETF-GraniteShares","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","TSLS":"1倍做空TSLA ETF-Direxion","TSLT":"2倍做多TSLA ETF-T-Rex","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","TSLW":"TSLA周配息ETF-Roundhill","07766":"南方两倍做多特斯拉","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","TSLY":"TSLA期权收益策略ETF-YieldMax","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","TSLZ":"2倍做空TSLA ETF-T-Rex","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4604":"机器人概念","TESL":"Simplify Volt TSLA Revolution ETF","BK4527":"明星科技股","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC"},"source_url":"https://tech.ifeng.com/c/8rw0WzRf67Z","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2623788543","content_text":"马斯克凤凰网科技讯 北京时间3月31日,据《金融时报》报道,埃隆·马斯克(Elon Musk)在特拉华州的法律纠纷将移交新任法官审理。该州最高公司法法官在发生公正性争议后,决定重新分配三起案件的法官。在此之前,马斯克的律师已要求特拉华州衡平法院大法官凯瑟琳·麦考密克(Kathaleen McCormick)回避,原因是她的领英账号似乎“点赞”了一篇庆祝马斯克近期败诉的帖子。她否认了存在偏见的说法,称自己既未看到也未支持该帖子。麦考密克周一在写给马斯克案件律师的信中称:“要求我回避的动议建立在一个错误前提上,即我支持了一条关于马斯克先生的领英帖子,而事实上我并不支持。我对这些案件中的被告没有偏见。实际上,我就在去年就驳回了一起针对马斯克先生的诉讼。”大法官麦考密克回避诉讼不过,虽然她并未正式宣布回避,但她表示,“媒体对法官处理某一案件给予过度的关注,不利于司法公正”。马斯克的这些案件将被重新分配给特拉华州的其他三位法官,即副大法官。其中一桩是特斯拉股东诉讼的遗留案件,该诉讼质疑马斯克价值560亿美元的薪酬方案。麦考密克在两份不同的裁决中取消了这笔薪酬方案,理由是特斯拉董事会与马斯克关系过于密切。不过,去年12月,特拉华州最高法院推翻了取消该薪酬方案的裁决。在薪酬案件的审判中败诉后,马斯克一直对特拉华州法院和麦考密克法官表示不满。(作者/箫雨)更多一手新闻,欢迎下载凤凰新闻客户端订阅凤凰网科技。想看深度报道,请微信搜索“凤凰网科技”。","news_type":1,"symbols_score_info":{"TESL":0.6,"TSLO":0.6,"TSDD":0.6,"TSLW":0.6,"TSL":0.6,"TSLG":0.6,"TEST":0.6,"TSLP":0.6,"TSLT":0.6,"TSYY":0.6,"TSLY":0.6,"CRSH":0.6,"TSLR":0.6,"UFO":0.6,"TSII":0.6,"TSLI":0.6,"TSLS":0.6,"TSLQ":0.6,"TLA":0.6,"TSLZ":0.6,"TSLA":1.91,"07766":0.6}},"isVote":1,"tweetType":1,"viewCount":676,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":547167354377640,"gmtCreate":1774609268163,"gmtModify":1774609270519,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 该往下破300了","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 该往下破300了","text":"$特斯拉(TSLA)$ 该往下破300了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/547167354377640","isVote":1,"tweetType":1,"viewCount":1016,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":547166781452352,"gmtCreate":1774609204233,"gmtModify":1774609206280,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MU\">$美光科技(MU)$ </a><v-v data-views=\"0\"></v-v> 大势已去","listText":"<a href=\"https://laohu8.com/S/MU\">$美光科技(MU)$ </a><v-v data-views=\"0\"></v-v> 大势已去","text":"$美光科技(MU)$ 大势已去","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/547166781452352","isVote":1,"tweetType":1,"viewCount":965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":546909983541240,"gmtCreate":1774546501150,"gmtModify":1774546503897,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"上市就会暴跌","listText":"上市就会暴跌","text":"上市就会暴跌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/546909983541240","repostId":"2622688623","repostType":2,"repost":{"id":"2622688623","kind":"news","pubTimestamp":1774501978,"share":"https://www.laohu8.com/m/news/2622688623?lang=zh_CN&edition=full","pubTime":"2026-03-26 13:12","market":"us","language":"zh","title":"1.75万亿美元!估值神话or资金黑洞?一文读懂SpaceX史诗级IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2622688623","media":"智通财经","summary":"据报道, SpaceX的IPO预计将筹集高达750亿美元,这将打破沙特阿美在2019年创下的294亿美元的纪录。SpaceX的估值可能超过1.75万亿美元,但公开市场投资者是否愿意购买支撑这一估值的股票还有待观察。但据知情人士透露,SpaceX收购xAI后,其资金需求似乎大幅增加。此前,另有知情人士表示,SpaceX已与潜在投资者讨论过融资超过700亿美元的可能性。SpaceX在IPO中寻求的估值可能超过1.75万亿美元。这份公开文件将首次全面披露SpaceX的财务状况,并开启为期15天的公众查阅期。","content":"<html><head></head><body><p>自苹果公司市值突破1万亿美元大关以来的七年半时间里,投资者已经习惯了看到大型科技公司在公开市场上获得十三位数的估值。</p><p>目前最市场瞩目的是,由<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>创始人、世界首富埃隆·马斯克控股的太空探索公司SpaceX已表示,计划在未来几个月内进行大规模首次公开募股(IPO)。人工智能领域的竞争对手OpenAI和Anthropic也可能在今年上市,它们的估值已经飙升至数千亿美元。</p><p>据报道, SpaceX的IPO预计将筹集高达750亿美元,这将打破沙特阿美在2019年创下的294亿美元的纪录。SpaceX的估值可能超过1.75万亿美元,但公开市场投资者是否愿意购买支撑这一估值的股票还有待观察。</p><p>SpaceX已从<a href=\"https://laohu8.com/S/000901\">航天</a>行业的相对弱势企业转型为如今的<a href=\"https://laohu8.com/S/00031\">航天</a>巨头,获得数十亿美元的政府合同,并成为美国太空计划的支柱。除了火箭发射业务外,SpaceX 还拥有卫星互联网宽带服务 星链项目Starlink,该服务已成为公司的主要现金流来源。今年2月,SpaceX 以全股票方式收购了xAI,从而获得了Grok——一家烧钱的人工智能公司,其旗舰产品是Grok AI助手。此外,SpaceX 还拥有X(前身为Twitter),进一步丰富了其业务组合。</p><p>SpaceX的IPO将是一场巨大的市场盛事,届时无论大小投资者都将有机会参与马斯克快速发展的愿景——打造一家集太空和人工智能于一体的巨头企业。然而,怀疑者认为,投资者可能会担心马斯克会耗尽SpaceX这家行业领头羊公司的资金,去资助xAI——这个竞争激烈的领域中众多参与者之一。</p><p><strong>SpaceX为何计划进行IPO?</strong></p><p>尽管SpaceX据信拥有可观的现金流,主要来自星链项目,但该公司仍需更多资金来实现其宏伟目标。SpaceX在去年12月的一份员工备忘录中表示,IPO所得资金将用于星舰火箭的持续研发、太空人工智能数据中心以及月球基地建设。</p><p>SpaceX可以选择继续在私募市场筹集资金,而不是上市。但据知情人士透露,SpaceX收购xAI后,其资金需求似乎大幅增加。xAI每月消耗约10亿美元现金,用于支付包括训练人工智能模型在内的计算基础设施成本。</p><p>此外,作为一家上市公司,SpaceX 可以利用更广泛的市场筹集资金,这有助于其人工智能业务在上市前比竞争对手 OpenAI 和 Anthropic PBC 更快地筹集资金,因为它们都在各自的人工智能梦想上投入了数千亿美元。</p><p><strong>SpaceX的目标估值和交易规模是多少?</strong></p><p>一位知情人士透露,SpaceX正在考虑将融资目标定在750亿美元。此前,另有知情人士表示,SpaceX已与潜在投资者讨论过融资超过700亿美元的可能性。这两个数字都远高于此前报道的500亿美元目标。SpaceX在IPO中寻求的估值可能超过1.75万亿美元。</p><p>最大的问题是,这种估值能否在公开市场上真正维持下去。</p><p>分析师根据公司未来的盈利和增长、行业竞争以及利润率来评估公司价值。然而,估值并非一门科学。尤其是在牛市行情下,投资者有时会基于财务基本面以外的因素,为公司股票支付更高的价格。</p><p>有些人可能会认为SpaceX太空业务的巨大潜力足以支撑其股价高于公司目前财务状况所能支撑的水平。但围绕xAI业务的挑战可能会削弱其吸引力。</p><p>对SpaceX而言,IPO的弊端在于公司必须每季度公开披露财务数据,并向华尔街分析师和公众投资者做出解释。此外,如果股价波动剧烈或因负面消息而大幅下跌,其计划也可能受到影响。</p><p><strong>IPO时间表是什么?</strong></p><p>如果没有出现任何意外,马斯克最早可能在2026年6月将SpaceX上市。报道称,SpaceX 已选定华尔街最大的几家银行来负责 IPO 申报工作,其中包括美国证券交易委员会要求的财务披露信息,投资者在决定是否投资之前都希望看到这些信息。</p><p>通常情况下,这一过程始于一份非公开文件。即便如此,SpaceX 也可能会向外界宣布其已采取这一步骤。提交保密文件后,美国证券交易委员会(SEC)会启动一个流程,通常需要两到三个月,前提是没有重大延误。审核结束后,公司通常会将文件公开。</p><p>这份公开文件将首次全面披露SpaceX的财务状况,并开启为期15天的公众查阅期。查阅期结束后,公司将正式启动股票销售流程,通常会在设定的价格区间内进行,但最终价格尚未确定。</p><p><strong>如何打新?</strong></p><p>一旦确定价格区间,银行将接受机构投资者的股票认购订单。与此同时,普通投资者可以通过与银行合作的经纪商下单。数百万使用<a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> Markets和SoFi Technologies等热门交易平台的所谓“散户投资者”中,部分人或许可以直接通过这些平台下单,但对于热门IPO,此类投资者的配额可能非常有限。</p><p>在股票开始交易的前一天,SpaceX 和各家银行将就初始投资者需要支付的最终股价以及发行股票的数量达成一致。在确定股价时,SpaceX 和各家银行必须权衡现有股东和新投资者的利益。现有股东希望避免因发行过多股票而导致其持股比例下降,而新投资者则希望获得股票。</p><p>定价确定后,股票将于次日开始交易。</p><p><strong>华尔街正在做出哪些准备?</strong></p><p>此次发行规模之大,在华尔街前所未有,吸引了众多银行家争相帮助 SpaceX 上市,华尔街的大多数大型银行都将以某种方式参与其中。</p><p>然而,金融机构真正的声望来自于主导此次发行,并参与营销、定价和分配等关键决策。目前,已确认五家大型银行——美国银行、花旗、<a href=\"https://laohu8.com/S/GS\">高盛</a>、<a href=\"https://laohu8.com/S/JPM\">摩根大通</a>和<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>——是此次发行的主要承销商,但它们的具体角色尚不明确。</p><p><strong>xAI 的收购会对 SpaceX 的潜在 IPO 产生什么影响?</strong></p><p>并非所有人都乐见SpaceX在xAI上市前收购该公司。这是因为xAI正在大量烧钱,这可能会削弱SpaceX核心业务的吸引力,尤其是星链项目。</p><p>那些原本以为自己持有太空公司股份的投资者,如今却面临着人工智能领域的巨额风险敞口。而对于那些看空人工智能行业的投资者来说,他们突然间又背负了一场高风险竞争中另一个潜在的输家。如果SpaceX被视为一家臃肿不堪的综合企业,那么它的估值可能会低于预期。</p><p>马斯克认为,如今涵盖火箭、太空互联网、人工智能和社交媒体的业务构成了一个“垂直整合的创新引擎”,尤其有助于公司抓住在太空建设数据中心的商业机会。</p><p>一位Pitchbook分析师表示,将所有业务集中到一个屋檐下将构成一个独特的方案:“Starlink 的用户增长、发布优势以及直接到基站的建设,这种组合在公开市场的其他任何地方都不存在。”</p><p><strong>SpaceX上市会对马斯克对公司的控制权产生什么影响?</strong></p><p>在收购xAI之前,经过无数轮引入外部投资者(包括彼得·蒂尔的创始人基金、富达投资和Alphabet)的私募融资,马斯克在SpaceX的持股比例不足一半。目前尚不清楚在完成xAI交易后,马斯克究竟持有SpaceX多少股份。SpaceX正在考虑一种IPO后的股权结构,该结构将允许内部人士(可能包括马斯克本人)几乎完全掌控关键的战略和公司决策。那些被SpaceX的潜力以及马斯克过往业绩所吸引的投资者可能并不在意这一点,但如果出现问题,而投资者又足够大胆地要求更换掌舵人,这可能会带来麻烦。</p><p><strong>马斯克将如何向IPO投资者推介SpaceX?</strong></p><p>此次推介的核心在于,SpaceX 在商业航天领域占据主导地位,拥有巨大的增长潜力,并与国防和电信等行业有着密切联系。此外,SpaceX 还拥有 Starlink 这项全球高速互联网服务,可谓是“摇钱树”,并且在火箭发射业务方面也拥有巨大的竞争优势。</p><p>更难的是说服投资者相信这些业务也能帮助SpaceX在人工智能领域占据主导地位。为了让投资者接受SpaceX的巨额估值,马斯克还将利用他的人气和过往业绩,力挺众多持有特斯拉股票获利的投资者——特斯拉股价在过去十年里飙升了近3000%。对于一些潜在的IPO投资者来说,这或许是最好的广告。</p></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1.75万亿美元!估值神话or资金黑洞?一文读懂SpaceX史诗级IPO</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1.75万亿美元!估值神话or资金黑洞?一文读懂SpaceX史诗级IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-26 13:12 北京时间 <a href=http://www.zhitongcaijing.com/content/detail/1419204.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>自苹果公司市值突破1万亿美元大关以来的七年半时间里,投资者已经习惯了看到大型科技公司在公开市场上获得十三位数的估值。目前最市场瞩目的是,由特斯拉创始人、世界首富埃隆·马斯克控股的太空探索公司SpaceX已表示,计划在未来几个月内进行大规模首次公开募股(IPO)。人工智能领域的竞争对手OpenAI和Anthropic也可能在今年上市,它们的估值已经飙升至数千亿美元。据报道, SpaceX的IPO预计...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1419204.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6b69e234a63c2c0a69ccede7b0faaa18","relate_stocks":{"VCX":"Fundrise Innovation Fund LLC","DXYZ":"Destiny Tech100 Inc"},"source_url":"http://www.zhitongcaijing.com/content/detail/1419204.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2622688623","content_text":"自苹果公司市值突破1万亿美元大关以来的七年半时间里,投资者已经习惯了看到大型科技公司在公开市场上获得十三位数的估值。目前最市场瞩目的是,由特斯拉创始人、世界首富埃隆·马斯克控股的太空探索公司SpaceX已表示,计划在未来几个月内进行大规模首次公开募股(IPO)。人工智能领域的竞争对手OpenAI和Anthropic也可能在今年上市,它们的估值已经飙升至数千亿美元。据报道, SpaceX的IPO预计将筹集高达750亿美元,这将打破沙特阿美在2019年创下的294亿美元的纪录。SpaceX的估值可能超过1.75万亿美元,但公开市场投资者是否愿意购买支撑这一估值的股票还有待观察。SpaceX已从航天行业的相对弱势企业转型为如今的航天巨头,获得数十亿美元的政府合同,并成为美国太空计划的支柱。除了火箭发射业务外,SpaceX 还拥有卫星互联网宽带服务 星链项目Starlink,该服务已成为公司的主要现金流来源。今年2月,SpaceX 以全股票方式收购了xAI,从而获得了Grok——一家烧钱的人工智能公司,其旗舰产品是Grok AI助手。此外,SpaceX 还拥有X(前身为Twitter),进一步丰富了其业务组合。SpaceX的IPO将是一场巨大的市场盛事,届时无论大小投资者都将有机会参与马斯克快速发展的愿景——打造一家集太空和人工智能于一体的巨头企业。然而,怀疑者认为,投资者可能会担心马斯克会耗尽SpaceX这家行业领头羊公司的资金,去资助xAI——这个竞争激烈的领域中众多参与者之一。SpaceX为何计划进行IPO?尽管SpaceX据信拥有可观的现金流,主要来自星链项目,但该公司仍需更多资金来实现其宏伟目标。SpaceX在去年12月的一份员工备忘录中表示,IPO所得资金将用于星舰火箭的持续研发、太空人工智能数据中心以及月球基地建设。SpaceX可以选择继续在私募市场筹集资金,而不是上市。但据知情人士透露,SpaceX收购xAI后,其资金需求似乎大幅增加。xAI每月消耗约10亿美元现金,用于支付包括训练人工智能模型在内的计算基础设施成本。此外,作为一家上市公司,SpaceX 可以利用更广泛的市场筹集资金,这有助于其人工智能业务在上市前比竞争对手 OpenAI 和 Anthropic PBC 更快地筹集资金,因为它们都在各自的人工智能梦想上投入了数千亿美元。SpaceX的目标估值和交易规模是多少?一位知情人士透露,SpaceX正在考虑将融资目标定在750亿美元。此前,另有知情人士表示,SpaceX已与潜在投资者讨论过融资超过700亿美元的可能性。这两个数字都远高于此前报道的500亿美元目标。SpaceX在IPO中寻求的估值可能超过1.75万亿美元。最大的问题是,这种估值能否在公开市场上真正维持下去。分析师根据公司未来的盈利和增长、行业竞争以及利润率来评估公司价值。然而,估值并非一门科学。尤其是在牛市行情下,投资者有时会基于财务基本面以外的因素,为公司股票支付更高的价格。有些人可能会认为SpaceX太空业务的巨大潜力足以支撑其股价高于公司目前财务状况所能支撑的水平。但围绕xAI业务的挑战可能会削弱其吸引力。对SpaceX而言,IPO的弊端在于公司必须每季度公开披露财务数据,并向华尔街分析师和公众投资者做出解释。此外,如果股价波动剧烈或因负面消息而大幅下跌,其计划也可能受到影响。IPO时间表是什么?如果没有出现任何意外,马斯克最早可能在2026年6月将SpaceX上市。报道称,SpaceX 已选定华尔街最大的几家银行来负责 IPO 申报工作,其中包括美国证券交易委员会要求的财务披露信息,投资者在决定是否投资之前都希望看到这些信息。通常情况下,这一过程始于一份非公开文件。即便如此,SpaceX 也可能会向外界宣布其已采取这一步骤。提交保密文件后,美国证券交易委员会(SEC)会启动一个流程,通常需要两到三个月,前提是没有重大延误。审核结束后,公司通常会将文件公开。这份公开文件将首次全面披露SpaceX的财务状况,并开启为期15天的公众查阅期。查阅期结束后,公司将正式启动股票销售流程,通常会在设定的价格区间内进行,但最终价格尚未确定。如何打新?一旦确定价格区间,银行将接受机构投资者的股票认购订单。与此同时,普通投资者可以通过与银行合作的经纪商下单。数百万使用Robinhood Markets和SoFi Technologies等热门交易平台的所谓“散户投资者”中,部分人或许可以直接通过这些平台下单,但对于热门IPO,此类投资者的配额可能非常有限。在股票开始交易的前一天,SpaceX 和各家银行将就初始投资者需要支付的最终股价以及发行股票的数量达成一致。在确定股价时,SpaceX 和各家银行必须权衡现有股东和新投资者的利益。现有股东希望避免因发行过多股票而导致其持股比例下降,而新投资者则希望获得股票。定价确定后,股票将于次日开始交易。华尔街正在做出哪些准备?此次发行规模之大,在华尔街前所未有,吸引了众多银行家争相帮助 SpaceX 上市,华尔街的大多数大型银行都将以某种方式参与其中。然而,金融机构真正的声望来自于主导此次发行,并参与营销、定价和分配等关键决策。目前,已确认五家大型银行——美国银行、花旗、高盛、摩根大通和摩根士丹利——是此次发行的主要承销商,但它们的具体角色尚不明确。xAI 的收购会对 SpaceX 的潜在 IPO 产生什么影响?并非所有人都乐见SpaceX在xAI上市前收购该公司。这是因为xAI正在大量烧钱,这可能会削弱SpaceX核心业务的吸引力,尤其是星链项目。那些原本以为自己持有太空公司股份的投资者,如今却面临着人工智能领域的巨额风险敞口。而对于那些看空人工智能行业的投资者来说,他们突然间又背负了一场高风险竞争中另一个潜在的输家。如果SpaceX被视为一家臃肿不堪的综合企业,那么它的估值可能会低于预期。马斯克认为,如今涵盖火箭、太空互联网、人工智能和社交媒体的业务构成了一个“垂直整合的创新引擎”,尤其有助于公司抓住在太空建设数据中心的商业机会。一位Pitchbook分析师表示,将所有业务集中到一个屋檐下将构成一个独特的方案:“Starlink 的用户增长、发布优势以及直接到基站的建设,这种组合在公开市场的其他任何地方都不存在。”SpaceX上市会对马斯克对公司的控制权产生什么影响?在收购xAI之前,经过无数轮引入外部投资者(包括彼得·蒂尔的创始人基金、富达投资和Alphabet)的私募融资,马斯克在SpaceX的持股比例不足一半。目前尚不清楚在完成xAI交易后,马斯克究竟持有SpaceX多少股份。SpaceX正在考虑一种IPO后的股权结构,该结构将允许内部人士(可能包括马斯克本人)几乎完全掌控关键的战略和公司决策。那些被SpaceX的潜力以及马斯克过往业绩所吸引的投资者可能并不在意这一点,但如果出现问题,而投资者又足够大胆地要求更换掌舵人,这可能会带来麻烦。马斯克将如何向IPO投资者推介SpaceX?此次推介的核心在于,SpaceX 在商业航天领域占据主导地位,拥有巨大的增长潜力,并与国防和电信等行业有着密切联系。此外,SpaceX 还拥有 Starlink 这项全球高速互联网服务,可谓是“摇钱树”,并且在火箭发射业务方面也拥有巨大的竞争优势。更难的是说服投资者相信这些业务也能帮助SpaceX在人工智能领域占据主导地位。为了让投资者接受SpaceX的巨额估值,马斯克还将利用他的人气和过往业绩,力挺众多持有特斯拉股票获利的投资者——特斯拉股价在过去十年里飙升了近3000%。对于一些潜在的IPO投资者来说,这或许是最好的广告。","news_type":1,"symbols_score_info":{"VCX":2,"DXYZ":0.6}},"isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"content":"不上市大家都在吹都很想要觉得很有梦想,一上市很多人就想着变现了,万亿市值不是那么好维持的。","text":"不上市大家都在吹都很想要觉得很有梦想,一上市很多人就想着变现了,万亿市值不是那么好维持的。","html":"不上市大家都在吹都很想要觉得很有梦想,一上市很多人就想着变现了,万亿市值不是那么好维持的。"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":546494019676200,"gmtCreate":1774446115232,"gmtModify":1774446117918,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3560418186602071","authorIdStr":"3560418186602071"},"themes":[],"title":"","htmlText":"没关系,有世界第一养殖业支撑,就算是方的他都能让大家认成圆的。你马圣厉不厉害?","listText":"没关系,有世界第一养殖业支撑,就算是方的他都能让大家认成圆的。你马圣厉不厉害?","text":"没关系,有世界第一养殖业支撑,就算是方的他都能让大家认成圆的。你马圣厉不厉害?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/546494019676200","repostId":"2621608220","repostType":2,"repost":{"id":"2621608220","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点,精选影响您财富的资讯,投资理财必备神器!","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1774357624,"share":"https://www.laohu8.com/m/news/2621608220?lang=zh_CN&edition=full","pubTime":"2026-03-24 21:07","market":"hk","language":"zh","title":"伯恩斯坦“泼冷水”:马斯克超级芯片工厂需5-13万亿美元资本开支,\"比登陆火星还难\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2621608220","media":"华尔街见闻","summary":"伯恩斯坦认为,\"Terafab\"项目更多停留在炒作层面。据测算,若实现年产1太瓦算力目标,需投入5至13万亿美元资本开支,并新增相当于当前全球半导体总量的产能,难度“堪比再造一个半导体行业”。","content":"<html><body><p>马斯克雄心勃勃的\"Terafab\"计划遭遇华尔街冷静审视。</p>\n<p>据追风交易台,伯恩斯坦研究在最新报告中以详尽的量化测算指出,<strong>若要实现马斯克所设想的每年1太瓦算力生产目标,所需资本开支高达5至13万亿美元,所需晶圆产能相当于全球现有半导体产能总量,这一挑战\"比登陆火星还难\"。</strong></p>\n<p>马斯克上周末宣布启动\"Terafab\"项目,计划将人类算力生产规模扩张至每年1太瓦,约为当前全球算力供应总量(约20吉瓦)的50倍,并将首先在德克萨斯州奥斯汀建设一座先进晶圆厂,涵盖计算芯片、逻辑芯片、内存、封装及掩模版生产全链条。伯恩斯坦分析师Stacy A. Rasgon领衔的团队随即发布报告,对该计划的可行性进行了系统性量化评估。</p>\n<p>伯恩斯坦指出,若投资者真正相信马斯克能够实现这一目标,半导体设备股将是最直接的受益方向;但就当前而言,<strong>该计划对行业的实质影响\"可能并不大,更多停留在炒作层面\"。</strong></p>\n<h2>天文数字的资本开支测算</h2>\n<p>伯恩斯坦以现有算力架构(<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>机架)为基准,对GPU、HBM内存及CPU三类核心芯片的晶圆需求进行了粗略估算。报告显示,<strong>每年生产1太瓦算力,需要每月700万至1800万片300毫米晶圆启动量,其中HBM内存需求占据主导地位。</strong></p>\n<p><strong>以每月5万片晶圆产能的工厂为单位换算,上述需求相当于新建140至360座此类工厂。按每座工厂350亿美元的资本开支计算,总投入将达5至13万亿美元。</strong>伯恩斯坦在报告中明确标注,上述测算属于\"非常粗略的估算\",且尚未将网络、光学、模拟及电源芯片等其他半导体品类纳入计算范围。</p>\n<h2>产能需求堪比再造一个全球半导体行业</h2>\n<p>伯恩斯坦的测算揭示了这一计划在产能层面的惊人体量。报告指出,<strong>1太瓦算力所需的晶圆产能,与全球现有半导体产能总量(约每月1600万片300毫米等效晶圆)大体相当。</strong></p>\n<p>若仅聚焦于\"相关\"半导体——即内存加上4纳米及以下先进逻辑晶圆,当前全球已安装产能约为每月500万片300毫米等效晶圆,而1太瓦目标所需产能则是这一数字的数倍之多。换言之,<strong>马斯克的计划实际上要求在现有先进制程产能基础上实现数倍扩张,难度之高不言而喻。</strong></p>\n<h2>行业影响:设备股受益,代工模式暂无威胁</h2>\n<p>伯恩斯坦认为,Terafab计划对半导体行业的近期实质影响有限,但从投资逻辑角度提供了若干值得关注的方向。</p>\n<p>报告指出,若市场相信马斯克能够推进这一计划,半导体设备(semicap)将是最直接的受益标的。</p>\n<p>对于马斯克自建芯片是否会冲击现有芯片厂商,伯恩斯坦持相对乐观态度,认为在算力需求如此强劲的环境下,任何参与者都将面临远超自身承接能力的上行空间,内存厂商同样如此。</p>\n<p>在商业模式层面,伯恩斯坦指出,Terafab将逻辑、内存、掩模版制造、芯片设计及封装整合于一体,实质上构成一种\"超级IDM\"模式,而这一模式已被证明远不如\"代工+无晶圆厂+专业内存IDM\"的分工体系高效。</p>\n<p>因此,报告认为Terafab对<a href=\"https://laohu8.com/S/TSM\">台积电</a>等代工厂商目前构成的威胁有限。</p>\n<h2>伯恩斯坦:不否定马斯克,但挑战\"极为艰巨\"</h2>\n<p>尽管测算结果令人咋舌,伯恩斯坦并未将马斯克成功的可能性完全排除在外。</p>\n<p>报告写道,马斯克此前已多次完成外界认为不可能的事情,\"我们不会轻易否定他\"。</p>\n<p>然而,报告同时明确表示,\"真正意义上的Terafab对我们而言感觉像是一种延伸,尤其是在沿用当前算力范式的前提下。\"</p>\n<p>伯恩斯坦提出两种可能的替代路径:</p>\n<p>其一,马斯克在无法独立推进时,或许会寻求与现有芯片制造商建立合作;</p>\n<p>其二,马斯克或许有某种\"更出人意料\"的技术路径来突破现有范式,但报告坦言\"我们不知道那会是什么\"。</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>伯恩斯坦“泼冷水”:马斯克超级芯片工厂需5-13万亿美元资本开支,\"比登陆火星还难\"</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n伯恩斯坦“泼冷水”:马斯克超级芯片工厂需5-13万亿美元资本开支,\"比登陆火星还难\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-03-24 21:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>马斯克雄心勃勃的\"Terafab\"计划遭遇华尔街冷静审视。</p>\n<p>据追风交易台,伯恩斯坦研究在最新报告中以详尽的量化测算指出,<strong>若要实现马斯克所设想的每年1太瓦算力生产目标,所需资本开支高达5至13万亿美元,所需晶圆产能相当于全球现有半导体产能总量,这一挑战\"比登陆火星还难\"。</strong></p>\n<p>马斯克上周末宣布启动\"Terafab\"项目,计划将人类算力生产规模扩张至每年1太瓦,约为当前全球算力供应总量(约20吉瓦)的50倍,并将首先在德克萨斯州奥斯汀建设一座先进晶圆厂,涵盖计算芯片、逻辑芯片、内存、封装及掩模版生产全链条。伯恩斯坦分析师Stacy A. Rasgon领衔的团队随即发布报告,对该计划的可行性进行了系统性量化评估。</p>\n<p>伯恩斯坦指出,若投资者真正相信马斯克能够实现这一目标,半导体设备股将是最直接的受益方向;但就当前而言,<strong>该计划对行业的实质影响\"可能并不大,更多停留在炒作层面\"。</strong></p>\n<h2>天文数字的资本开支测算</h2>\n<p>伯恩斯坦以现有算力架构(<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>机架)为基准,对GPU、HBM内存及CPU三类核心芯片的晶圆需求进行了粗略估算。报告显示,<strong>每年生产1太瓦算力,需要每月700万至1800万片300毫米晶圆启动量,其中HBM内存需求占据主导地位。</strong></p>\n<p><strong>以每月5万片晶圆产能的工厂为单位换算,上述需求相当于新建140至360座此类工厂。按每座工厂350亿美元的资本开支计算,总投入将达5至13万亿美元。</strong>伯恩斯坦在报告中明确标注,上述测算属于\"非常粗略的估算\",且尚未将网络、光学、模拟及电源芯片等其他半导体品类纳入计算范围。</p>\n<h2>产能需求堪比再造一个全球半导体行业</h2>\n<p>伯恩斯坦的测算揭示了这一计划在产能层面的惊人体量。报告指出,<strong>1太瓦算力所需的晶圆产能,与全球现有半导体产能总量(约每月1600万片300毫米等效晶圆)大体相当。</strong></p>\n<p>若仅聚焦于\"相关\"半导体——即内存加上4纳米及以下先进逻辑晶圆,当前全球已安装产能约为每月500万片300毫米等效晶圆,而1太瓦目标所需产能则是这一数字的数倍之多。换言之,<strong>马斯克的计划实际上要求在现有先进制程产能基础上实现数倍扩张,难度之高不言而喻。</strong></p>\n<h2>行业影响:设备股受益,代工模式暂无威胁</h2>\n<p>伯恩斯坦认为,Terafab计划对半导体行业的近期实质影响有限,但从投资逻辑角度提供了若干值得关注的方向。</p>\n<p>报告指出,若市场相信马斯克能够推进这一计划,半导体设备(semicap)将是最直接的受益标的。</p>\n<p>对于马斯克自建芯片是否会冲击现有芯片厂商,伯恩斯坦持相对乐观态度,认为在算力需求如此强劲的环境下,任何参与者都将面临远超自身承接能力的上行空间,内存厂商同样如此。</p>\n<p>在商业模式层面,伯恩斯坦指出,Terafab将逻辑、内存、掩模版制造、芯片设计及封装整合于一体,实质上构成一种\"超级IDM\"模式,而这一模式已被证明远不如\"代工+无晶圆厂+专业内存IDM\"的分工体系高效。</p>\n<p>因此,报告认为Terafab对<a href=\"https://laohu8.com/S/TSM\">台积电</a>等代工厂商目前构成的威胁有限。</p>\n<h2>伯恩斯坦:不否定马斯克,但挑战\"极为艰巨\"</h2>\n<p>尽管测算结果令人咋舌,伯恩斯坦并未将马斯克成功的可能性完全排除在外。</p>\n<p>报告写道,马斯克此前已多次完成外界认为不可能的事情,\"我们不会轻易否定他\"。</p>\n<p>然而,报告同时明确表示,\"真正意义上的Terafab对我们而言感觉像是一种延伸,尤其是在沿用当前算力范式的前提下。\"</p>\n<p>伯恩斯坦提出两种可能的替代路径:</p>\n<p>其一,马斯克在无法独立推进时,或许会寻求与现有芯片制造商建立合作;</p>\n<p>其二,马斯克或许有某种\"更出人意料\"的技术路径来突破现有范式,但报告坦言\"我们不知道那会是什么\"。</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","TSLY":"TSLA期权收益策略ETF-YieldMax","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4099":"汽车制造商","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","BK4585":"ETF&股票定投概念","TSLZ":"2倍做空TSLA ETF-T-Rex","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4555":"新能源车","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4551":"寇图资本持仓","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4598":"佩洛西持仓","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","07766":"南方两倍做多特斯拉","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","TLA":"GraniteShares Autocallable TSLA ETF","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","UFO":"Procure Space ETF","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4604":"机器人概念","BK4527":"明星科技股","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","TSDD":"2倍做空TSLA ETF-GraniteShares","TSYY":"收益增强TSLA ETF-GraniteShares","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A(dist)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4612":"AI芯片","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4574":"无人驾驶","LU0823411888.USD":"法巴消费创新基金 Cap","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","TSII":"REX TSLA Growth & Income ETF","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","BK4581":"高盛持仓","BK4543":"AI","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","TSLI":"2倍做多TSLA ETF-ProShares","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"2倍做多TSLA ETF-Direxion","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4516":"特朗普概念","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","BK4535":"淡马锡持仓","TSLP":"TSLA收益溢价策略ETF-Kurv","BK4592":"伊斯兰概念","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","TSLQ":"2倍做空TSLA ETF-Tradr","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4548":"巴美列捷福持仓","TSLR":"2倍做多TSLA ETF-GraniteShares","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TSLS":"1倍做空TSLA ETF-Direxion","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","TSLT":"2倍做多TSLA ETF-T-Rex","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","TSLW":"TSLA周配息ETF-Roundhill"},"source_url":"https://wallstreetcn.com/articles/3768281","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2621608220","content_text":"马斯克雄心勃勃的\"Terafab\"计划遭遇华尔街冷静审视。\n据追风交易台,伯恩斯坦研究在最新报告中以详尽的量化测算指出,若要实现马斯克所设想的每年1太瓦算力生产目标,所需资本开支高达5至13万亿美元,所需晶圆产能相当于全球现有半导体产能总量,这一挑战\"比登陆火星还难\"。\n马斯克上周末宣布启动\"Terafab\"项目,计划将人类算力生产规模扩张至每年1太瓦,约为当前全球算力供应总量(约20吉瓦)的50倍,并将首先在德克萨斯州奥斯汀建设一座先进晶圆厂,涵盖计算芯片、逻辑芯片、内存、封装及掩模版生产全链条。伯恩斯坦分析师Stacy A. Rasgon领衔的团队随即发布报告,对该计划的可行性进行了系统性量化评估。\n伯恩斯坦指出,若投资者真正相信马斯克能够实现这一目标,半导体设备股将是最直接的受益方向;但就当前而言,该计划对行业的实质影响\"可能并不大,更多停留在炒作层面\"。\n天文数字的资本开支测算\n伯恩斯坦以现有算力架构(英伟达机架)为基准,对GPU、HBM内存及CPU三类核心芯片的晶圆需求进行了粗略估算。报告显示,每年生产1太瓦算力,需要每月700万至1800万片300毫米晶圆启动量,其中HBM内存需求占据主导地位。\n以每月5万片晶圆产能的工厂为单位换算,上述需求相当于新建140至360座此类工厂。按每座工厂350亿美元的资本开支计算,总投入将达5至13万亿美元。伯恩斯坦在报告中明确标注,上述测算属于\"非常粗略的估算\",且尚未将网络、光学、模拟及电源芯片等其他半导体品类纳入计算范围。\n产能需求堪比再造一个全球半导体行业\n伯恩斯坦的测算揭示了这一计划在产能层面的惊人体量。报告指出,1太瓦算力所需的晶圆产能,与全球现有半导体产能总量(约每月1600万片300毫米等效晶圆)大体相当。\n若仅聚焦于\"相关\"半导体——即内存加上4纳米及以下先进逻辑晶圆,当前全球已安装产能约为每月500万片300毫米等效晶圆,而1太瓦目标所需产能则是这一数字的数倍之多。换言之,马斯克的计划实际上要求在现有先进制程产能基础上实现数倍扩张,难度之高不言而喻。\n行业影响:设备股受益,代工模式暂无威胁\n伯恩斯坦认为,Terafab计划对半导体行业的近期实质影响有限,但从投资逻辑角度提供了若干值得关注的方向。\n报告指出,若市场相信马斯克能够推进这一计划,半导体设备(semicap)将是最直接的受益标的。\n对于马斯克自建芯片是否会冲击现有芯片厂商,伯恩斯坦持相对乐观态度,认为在算力需求如此强劲的环境下,任何参与者都将面临远超自身承接能力的上行空间,内存厂商同样如此。\n在商业模式层面,伯恩斯坦指出,Terafab将逻辑、内存、掩模版制造、芯片设计及封装整合于一体,实质上构成一种\"超级IDM\"模式,而这一模式已被证明远不如\"代工+无晶圆厂+专业内存IDM\"的分工体系高效。\n因此,报告认为Terafab对台积电等代工厂商目前构成的威胁有限。\n伯恩斯坦:不否定马斯克,但挑战\"极为艰巨\"\n尽管测算结果令人咋舌,伯恩斯坦并未将马斯克成功的可能性完全排除在外。\n报告写道,马斯克此前已多次完成外界认为不可能的事情,\"我们不会轻易否定他\"。\n然而,报告同时明确表示,\"真正意义上的Terafab对我们而言感觉像是一种延伸,尤其是在沿用当前算力范式的前提下。\"\n伯恩斯坦提出两种可能的替代路径:\n其一,马斯克在无法独立推进时,或许会寻求与现有芯片制造商建立合作;\n其二,马斯克或许有某种\"更出人意料\"的技术路径来突破现有范式,但报告坦言\"我们不知道那会是什么\"。","news_type":1,"symbols_score_info":{"TSLP":0.6,"TSLG":0.6,"TSL":0.6,"TSLY":0.6,"TSLT":0.6,"TLA":0.6,"TSLL":0.6,"TSDD":0.6,"CRSH":0.6,"TSLQ":0.6,"07766":0.6,"TSLO":0.6,"UFO":0.6,"TSLZ":0.6,"TSII":0.6,"TEST":0.6,"TSLW":0.6,"TSYY":0.6,"TSLA":1.91,"TSLS":0.6,"TSLI":0.6,"TESL":0.6,"TSLR":0.6}},"isVote":1,"tweetType":1,"viewCount":985,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":388350320689584,"gmtCreate":1735854878766,"gmtModify":1736080203942,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 继续持有,跟着马大炮混也没说只能做多。谢谢大炮的新年红包,再多发几个叭[开心] [开心] [开心] [开心] [开心] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 继续持有,跟着马大炮混也没说只能做多。谢谢大炮的新年红包,再多发几个叭[开心] [开心] [开心] [开心] [开心] ","text":"$特斯拉(TSLA)$ 继续持有,跟着马大炮混也没说只能做多。谢谢大炮的新年红包,再多发几个叭[开心] [开心] [开心] [开心] [开心]","images":[{"img":"https://static.tigerbbs.com/e252eda3edd97c0f0e617b6c218fa548","width":"1092","height":"1717"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":15,"repostSize":0,"link":"https://laohu8.com/post/388350320689584","isVote":1,"tweetType":1,"viewCount":15038,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3488407236949514","authorId":"3488407236949514","name":"稳扎稳打的勇爸爸","avatar":"https://static.tigerbbs.com/b93adac01897c2b29d022dc7bc678a9d","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3488407236949514","idStr":"3488407236949514"},"content":"买期权呀,时间价值有损耗呀,万一来个大涨就傻了","text":"买期权呀,时间价值有损耗呀,万一来个大涨就傻了","html":"买期权呀,时间价值有损耗呀,万一来个大涨就傻了"},{"author":{"id":"3559984961569694","authorId":"3559984961569694","name":"南山小鱼人","avatar":"https://static.tigerbbs.com/eb76ca2ace8362af8e23def4f95d9a8f","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3559984961569694","idStr":"3559984961569694"},"content":"这笔put亏了14700多刀吧","text":"这笔put亏了14700多刀吧","html":"这笔put亏了14700多刀吧"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":848958347,"gmtCreate":1635955907637,"gmtModify":1635957311381,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a> 舒服了,终于开始连续下行","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a> 舒服了,终于开始连续下行","text":"$特斯拉(TSLA)$ 舒服了,终于开始连续下行","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":37,"commentSize":28,"repostSize":0,"link":"https://laohu8.com/post/848958347","isVote":1,"tweetType":1,"viewCount":10763,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3472098980994884","authorId":"3472098980994884","name":"拒绝游泳的鱼","avatar":"https://static.tigerbbs.com/52fff20daaba255185a5f3bd46574b0f","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3472098980994884","idStr":"3472098980994884"},"content":"回调空间有限","text":"回调空间有限","html":"回调空间有限"},{"author":{"id":"290453790419835","authorId":"290453790419835","name":"财富888","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"290453790419835","idStr":"290453790419835"},"content":"继续等你的950嘛","text":"继续等你的950嘛","html":"继续等你的950嘛"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":482284250611784,"gmtCreate":1758774145252,"gmtModify":1758774147446,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"车企还不是得靠卖车的利好,卖车不好跌得少,教主的教育真不错","listText":"车企还不是得靠卖车的利好,卖车不好跌得少,教主的教育真不错","text":"车企还不是得靠卖车的利好,卖车不好跌得少,教主的教育真不错","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/482284250611784","repostId":"2570408735","repostType":2,"repost":{"id":"2570408735","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点,精选影响您财富的资讯,投资理财必备神器!","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1758750631,"share":"https://www.laohu8.com/m/news/2570408735?lang=zh_CN&edition=full","pubTime":"2025-09-25 05:50","market":"us","language":"zh","title":"高盛之后瑞银跟进,华尔街竞相上调特斯拉三季度交付预期","url":"https://stock-news.laohu8.com/highlight/detail?id=2570408735","media":"华尔街见闻","summary":"瑞银将特斯拉第三季度交付预测上调至47.5万辆,高于市场共识,美国通胀削减法案税收优惠到期推动美国市场交付强劲,欧洲、中国市场的交付也表现不俗。尽管如此,瑞银仍维持“卖出”评级,预期第四季度交付将环比下滑,并指出特斯拉股价当前更多由AI题材驱动,而非汽车业务基本面。","content":"<html><head></head><body><blockquote><p>瑞银将特斯拉第三季度交付预测上调至47.5万辆,高于市场共识,美国通胀削减法案税收优惠到期推动美国市场交付强劲,欧洲、中国市场的交付也表现不俗。尽管如此,瑞银仍维持“卖出”评级,预期第四季度交付将环比下滑,并指出特斯拉股价当前更多由AI题材驱动,而非汽车业务基本面。</p></blockquote><p style=\"text-align: justify;\">特斯拉预计将在10月初公布2025年第三季度的交付报告,多家投行已提前上调交付预期。高盛分析师此前已上调交付量预测并提高目标价,而瑞银(UBS)分析师在本周也上调交付预估至超出市场普遍共识的水平,但仍维持对特斯拉股票的“卖出”(Sell)评级。</p><p style=\"text-align: justify;\"><strong>瑞银最新预测特斯拉第三季度交付量为47.5万辆,较去年同期增长3%,较上一季度增长24%,明显高于此前预估的43.1万辆。</strong>这一数字比市场数据平台Visible Alpha的共识高出约8%,但与投资机构买方的预期更加接近,后者普遍预估交付量在47万至47.5万辆之间。</p><p style=\"text-align: justify;\">瑞银分析师Joseph Spak在周一发布的报告中表示:</p><blockquote><p style=\"text-align: justify;\"><strong>“我们认为,我们的新预测更加贴近买方对于47万至47.5万辆区间的预期。”</strong></p></blockquote><p style=\"text-align: justify;\">但他也指出:</p><blockquote><p style=\"text-align: justify;\"><strong>“尽管最终数据可能符合买方预期,但我们通常发现,股价仍会根据是否超出或低于媒体的‘头条数字’而产生反应。”</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e222fca6e46bbf77139138eb88e10025\" tg-width=\"1280\" tg-height=\"293\"/></p><p style=\"text-align: justify;\">特斯拉股价周三收涨近4%,今年迄今涨幅接近10%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3802563c9fe30ce2449b19b890f13f3a\" tg-width=\"560\" tg-height=\"240\"/></p><p style=\"text-align: justify;\">Spak在报告中指出,瑞银之所以上调预测,是因为第三季度在多个市场的交付表现超出预期。</p><p style=\"text-align: justify;\">首先,在美国市场,消费者为了赶上2025年9月底即将到期的《通胀削减法案》(IRA)下7500美元电动车税收抵免,推动了特斯拉销量大增。瑞银认为,本季度可能创下自2023年中以来美国季度交付量最高纪录,甚至可能是有史以来最高水平。然而,分析师也警告,当前的强劲需求很可能属于“提前透支”,意味着即使特斯拉在第四季度推出“低价版”Model Y,交付量仍可能环比下降。</p><p style=\"text-align: justify;\">欧洲市场也展现复苏迹象。数据显示,第三季度前两个月,特斯拉在欧洲前八大市场的交付量环比增长约22%。中国市场方面,零售交付量(即批发减去出口)环比增长约45%,表现同样稳健。此外,瑞银指出,土耳其和韩国市场的交付增长也值得关注。</p><p style=\"text-align: justify;\"><strong>在库存方面,瑞银预计本季度交付量将超过产量,幅度可能达到7%,这将有助于特斯拉降低库存水平。</strong>相比之下,2025年第二季度产量曾超出交付量约2.6万辆,占比6%。</p><p style=\"text-align: justify;\">瑞银同时预计,特斯拉将在财报中披露本季度能源储能系统部署情况。尽管受到会计确认规则的限制,该数据难以即时核实,瑞银预测部署量为10.4GWh,环比增长8%,基本与Visible Alpha市场共识的10.9GWh持平,也高于上一季度的9.6GWh。Spak提醒投资者,能源储能业务具有周期性波动,单季度数据不宜过度解读。</p><p style=\"text-align: justify;\">展望未来,瑞银预计2025年第四季度交付量将为42.8万辆,环比下降10%,同比下降14%。这一预估已经考虑了中国市场Model Y L车型的推出,以及美国市场可能面世的“低价版”Model Y。</p><p style=\"text-align: justify;\">全年方面,瑞银将2025年交付总量预期从151万辆上调至162万辆,尽管同比仍下降9%,但与市场共识持平。2026年交付量预期则略下调至160万辆,较市场共识低14%。瑞银表示,将在10月2日特斯拉公布实际交付数据后更新其财务模型。</p><p style=\"text-align: justify;\">尽管短期交付数据有所改善,Spak在报告最后仍强调:</p><blockquote><p style=\"text-align: justify;\"><strong>“特斯拉股价的主要驱动力更多来自于人工智能的市场叙事,而非其汽车主业。”</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf3661ffb4c9afdc6c80a97065821246\" tg-width=\"800\" tg-height=\"438\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>高盛之后瑞银跟进,华尔街竞相上调特斯拉三季度交付预期</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n高盛之后瑞银跟进,华尔街竞相上调特斯拉三季度交付预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2025-09-25 05:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>瑞银将特斯拉第三季度交付预测上调至47.5万辆,高于市场共识,美国通胀削减法案税收优惠到期推动美国市场交付强劲,欧洲、中国市场的交付也表现不俗。尽管如此,瑞银仍维持“卖出”评级,预期第四季度交付将环比下滑,并指出特斯拉股价当前更多由AI题材驱动,而非汽车业务基本面。</p></blockquote><p style=\"text-align: justify;\">特斯拉预计将在10月初公布2025年第三季度的交付报告,多家投行已提前上调交付预期。高盛分析师此前已上调交付量预测并提高目标价,而瑞银(UBS)分析师在本周也上调交付预估至超出市场普遍共识的水平,但仍维持对特斯拉股票的“卖出”(Sell)评级。</p><p style=\"text-align: justify;\"><strong>瑞银最新预测特斯拉第三季度交付量为47.5万辆,较去年同期增长3%,较上一季度增长24%,明显高于此前预估的43.1万辆。</strong>这一数字比市场数据平台Visible Alpha的共识高出约8%,但与投资机构买方的预期更加接近,后者普遍预估交付量在47万至47.5万辆之间。</p><p style=\"text-align: justify;\">瑞银分析师Joseph Spak在周一发布的报告中表示:</p><blockquote><p style=\"text-align: justify;\"><strong>“我们认为,我们的新预测更加贴近买方对于47万至47.5万辆区间的预期。”</strong></p></blockquote><p style=\"text-align: justify;\">但他也指出:</p><blockquote><p style=\"text-align: justify;\"><strong>“尽管最终数据可能符合买方预期,但我们通常发现,股价仍会根据是否超出或低于媒体的‘头条数字’而产生反应。”</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e222fca6e46bbf77139138eb88e10025\" tg-width=\"1280\" tg-height=\"293\"/></p><p style=\"text-align: justify;\">特斯拉股价周三收涨近4%,今年迄今涨幅接近10%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3802563c9fe30ce2449b19b890f13f3a\" tg-width=\"560\" tg-height=\"240\"/></p><p style=\"text-align: justify;\">Spak在报告中指出,瑞银之所以上调预测,是因为第三季度在多个市场的交付表现超出预期。</p><p style=\"text-align: justify;\">首先,在美国市场,消费者为了赶上2025年9月底即将到期的《通胀削减法案》(IRA)下7500美元电动车税收抵免,推动了特斯拉销量大增。瑞银认为,本季度可能创下自2023年中以来美国季度交付量最高纪录,甚至可能是有史以来最高水平。然而,分析师也警告,当前的强劲需求很可能属于“提前透支”,意味着即使特斯拉在第四季度推出“低价版”Model Y,交付量仍可能环比下降。</p><p style=\"text-align: justify;\">欧洲市场也展现复苏迹象。数据显示,第三季度前两个月,特斯拉在欧洲前八大市场的交付量环比增长约22%。中国市场方面,零售交付量(即批发减去出口)环比增长约45%,表现同样稳健。此外,瑞银指出,土耳其和韩国市场的交付增长也值得关注。</p><p style=\"text-align: justify;\"><strong>在库存方面,瑞银预计本季度交付量将超过产量,幅度可能达到7%,这将有助于特斯拉降低库存水平。</strong>相比之下,2025年第二季度产量曾超出交付量约2.6万辆,占比6%。</p><p style=\"text-align: justify;\">瑞银同时预计,特斯拉将在财报中披露本季度能源储能系统部署情况。尽管受到会计确认规则的限制,该数据难以即时核实,瑞银预测部署量为10.4GWh,环比增长8%,基本与Visible Alpha市场共识的10.9GWh持平,也高于上一季度的9.6GWh。Spak提醒投资者,能源储能业务具有周期性波动,单季度数据不宜过度解读。</p><p style=\"text-align: justify;\">展望未来,瑞银预计2025年第四季度交付量将为42.8万辆,环比下降10%,同比下降14%。这一预估已经考虑了中国市场Model Y L车型的推出,以及美国市场可能面世的“低价版”Model Y。</p><p style=\"text-align: justify;\">全年方面,瑞银将2025年交付总量预期从151万辆上调至162万辆,尽管同比仍下降9%,但与市场共识持平。2026年交付量预期则略下调至160万辆,较市场共识低14%。瑞银表示,将在10月2日特斯拉公布实际交付数据后更新其财务模型。</p><p style=\"text-align: justify;\">尽管短期交付数据有所改善,Spak在报告最后仍强调:</p><blockquote><p style=\"text-align: justify;\"><strong>“特斯拉股价的主要驱动力更多来自于人工智能的市场叙事,而非其汽车主业。”</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cf3661ffb4c9afdc6c80a97065821246\" tg-width=\"800\" tg-height=\"438\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e49ab90f6352b6ebbb45091ad18b5a2e","relate_stocks":{"TSLL":"2倍做多TSLA ETF-Direxion","TSLA":"特斯拉"},"source_url":"https://wallstreetcn.com/articles/3756211","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2570408735","content_text":"瑞银将特斯拉第三季度交付预测上调至47.5万辆,高于市场共识,美国通胀削减法案税收优惠到期推动美国市场交付强劲,欧洲、中国市场的交付也表现不俗。尽管如此,瑞银仍维持“卖出”评级,预期第四季度交付将环比下滑,并指出特斯拉股价当前更多由AI题材驱动,而非汽车业务基本面。特斯拉预计将在10月初公布2025年第三季度的交付报告,多家投行已提前上调交付预期。高盛分析师此前已上调交付量预测并提高目标价,而瑞银(UBS)分析师在本周也上调交付预估至超出市场普遍共识的水平,但仍维持对特斯拉股票的“卖出”(Sell)评级。瑞银最新预测特斯拉第三季度交付量为47.5万辆,较去年同期增长3%,较上一季度增长24%,明显高于此前预估的43.1万辆。这一数字比市场数据平台Visible Alpha的共识高出约8%,但与投资机构买方的预期更加接近,后者普遍预估交付量在47万至47.5万辆之间。瑞银分析师Joseph Spak在周一发布的报告中表示:“我们认为,我们的新预测更加贴近买方对于47万至47.5万辆区间的预期。”但他也指出:“尽管最终数据可能符合买方预期,但我们通常发现,股价仍会根据是否超出或低于媒体的‘头条数字’而产生反应。”特斯拉股价周三收涨近4%,今年迄今涨幅接近10%。Spak在报告中指出,瑞银之所以上调预测,是因为第三季度在多个市场的交付表现超出预期。首先,在美国市场,消费者为了赶上2025年9月底即将到期的《通胀削减法案》(IRA)下7500美元电动车税收抵免,推动了特斯拉销量大增。瑞银认为,本季度可能创下自2023年中以来美国季度交付量最高纪录,甚至可能是有史以来最高水平。然而,分析师也警告,当前的强劲需求很可能属于“提前透支”,意味着即使特斯拉在第四季度推出“低价版”Model Y,交付量仍可能环比下降。欧洲市场也展现复苏迹象。数据显示,第三季度前两个月,特斯拉在欧洲前八大市场的交付量环比增长约22%。中国市场方面,零售交付量(即批发减去出口)环比增长约45%,表现同样稳健。此外,瑞银指出,土耳其和韩国市场的交付增长也值得关注。在库存方面,瑞银预计本季度交付量将超过产量,幅度可能达到7%,这将有助于特斯拉降低库存水平。相比之下,2025年第二季度产量曾超出交付量约2.6万辆,占比6%。瑞银同时预计,特斯拉将在财报中披露本季度能源储能系统部署情况。尽管受到会计确认规则的限制,该数据难以即时核实,瑞银预测部署量为10.4GWh,环比增长8%,基本与Visible Alpha市场共识的10.9GWh持平,也高于上一季度的9.6GWh。Spak提醒投资者,能源储能业务具有周期性波动,单季度数据不宜过度解读。展望未来,瑞银预计2025年第四季度交付量将为42.8万辆,环比下降10%,同比下降14%。这一预估已经考虑了中国市场Model Y L车型的推出,以及美国市场可能面世的“低价版”Model Y。全年方面,瑞银将2025年交付总量预期从151万辆上调至162万辆,尽管同比仍下降9%,但与市场共识持平。2026年交付量预期则略下调至160万辆,较市场共识低14%。瑞银表示,将在10月2日特斯拉公布实际交付数据后更新其财务模型。尽管短期交付数据有所改善,Spak在报告最后仍强调:“特斯拉股价的主要驱动力更多来自于人工智能的市场叙事,而非其汽车主业。”","news_type":1,"symbols_score_info":{"TSLL":1.5,"TSLA":1.5}},"isVote":1,"tweetType":1,"viewCount":2235,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4200747074916302","authorId":"4200747074916302","name":"sacredling","avatar":"https://static.tigerbbs.com/1a5dd9339674724cde9c0cb76421647d","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4200747074916302","idStr":"4200747074916302"},"content":"200多喊到现在400多了,倒是使劲空嘛,说再多都没用","text":"200多喊到现在400多了,倒是使劲空嘛,说再多都没用","html":"200多喊到现在400多了,倒是使劲空嘛,说再多都没用"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":409615494414632,"gmtCreate":1741013693712,"gmtModify":1741019403619,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v>精彩的拉高出货,准备好继续向下了吗?","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v>精彩的拉高出货,准备好继续向下了吗?","text":"$特斯拉(TSLA)$ 精彩的拉高出货,准备好继续向下了吗?","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":25,"repostSize":3,"link":"https://laohu8.com/post/409615494414632","isVote":1,"tweetType":1,"viewCount":8561,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3509488235420383","authorId":"3509488235420383","name":"云游四方","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3509488235420383","idStr":"3509488235420383"},"content":"实事求是的说,特斯拉未来可期。股票投的是大趋势。短线下跌,未来可期。","text":"实事求是的说,特斯拉未来可期。股票投的是大趋势。短线下跌,未来可期。","html":"实事求是的说,特斯拉未来可期。股票投的是大趋势。短线下跌,未来可期。"},{"author":{"id":"4193543537218652","authorId":"4193543537218652","name":"yoyonono","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4193543537218652","idStr":"4193543537218652"},"content":"今天确实不能买美股科技股。。纳指今晚铁定18300点或者更低。特斯拉即使没有明显大抛盘,你也不可能反着指数去认为特斯拉会涨吧?","text":"今天确实不能买美股科技股。。纳指今晚铁定18300点或者更低。特斯拉即使没有明显大抛盘,你也不可能反着指数去认为特斯拉会涨吧?","html":"今天确实不能买美股科技股。。纳指今晚铁定18300点或者更低。特斯拉即使没有明显大抛盘,你也不可能反着指数去认为特斯拉会涨吧?"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317753425187072,"gmtCreate":1718615571032,"gmtModify":1718636404307,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 今晚再跌一波,本周有希望破170,突入165!年底看空至120美元!吹牛王得不到制裁那就让公司的股价承担后果吧[开心] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 今晚再跌一波,本周有希望破170,突入165!年底看空至120美元!吹牛王得不到制裁那就让公司的股价承担后果吧[开心] ","text":"$特斯拉(TSLA)$ 今晚再跌一波,本周有希望破170,突入165!年底看空至120美元!吹牛王得不到制裁那就让公司的股价承担后果吧[开心]","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":24,"repostSize":0,"link":"https://laohu8.com/post/317753425187072","isVote":1,"tweetType":1,"viewCount":7687,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4093596070918460","authorId":"4093596070918460","name":"闲人马斯克","avatar":"https://static.tigerbbs.com/8de4bb6ae7ead34f761208585a438824","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4093596070918460","idStr":"4093596070918460"},"content":"听说马斯克会给你封口费,怕你每天喷他和特斯拉 [开心]","text":"听说马斯克会给你封口费,怕你每天喷他和特斯拉 [开心]","html":"听说马斯克会给你封口费,怕你每天喷他和特斯拉 [开心]"},{"author":{"id":"3435432557835819","authorId":"3435432557835819","name":"Nirvana2000","avatar":"https://static.laohu8.com/5dee3b809b7f81bc4f31e9b05c31b392","crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3435432557835819","idStr":"3435432557835819"},"content":"我看这位大姐天天上来喊空都觉得累","text":"我看这位大姐天天上来喊空都觉得累","html":"我看这位大姐天天上来喊空都觉得累"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":383651390804456,"gmtCreate":1734706175345,"gmtModify":1734744003070,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://www.laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a>哇哦,这波诱多可以的,市盈率还有116倍可以慢慢砸","listText":"<a href=\"https://www.laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a>哇哦,这波诱多可以的,市盈率还有116倍可以慢慢砸","text":"$特斯拉(TSLA)$ 哇哦,这波诱多可以的,市盈率还有116倍可以慢慢砸","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":6,"commentSize":22,"repostSize":4,"link":"https://laohu8.com/post/383651390804456","isVote":1,"tweetType":1,"viewCount":7396,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4093596070918460","authorId":"4093596070918460","name":"闲人马斯克","avatar":"https://static.tigerbbs.com/8de4bb6ae7ead34f761208585a438824","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4093596070918460","idStr":"4093596070918460"},"content":"现在华尔街越来越多的评估师上调了特斯拉的评级和估值,还没有调低的。你是唯一?可是正常人会选择更相信华尔街的评估师","text":"现在华尔街越来越多的评估师上调了特斯拉的评级和估值,还没有调低的。你是唯一?可是正常人会选择更相信华尔街的评估师","html":"现在华尔街越来越多的评估师上调了特斯拉的评级和估值,还没有调低的。你是唯一?可是正常人会选择更相信华尔街的评估师"},{"author":{"id":"4093596070918460","authorId":"4093596070918460","name":"闲人马斯克","avatar":"https://static.tigerbbs.com/8de4bb6ae7ead34f761208585a438824","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4093596070918460","idStr":"4093596070918460"},"content":"别再出来乱说了,基本的东西都不会判断,误人不浅","text":"别再出来乱说了,基本的东西都不会判断,误人不浅","html":"别再出来乱说了,基本的东西都不会判断,误人不浅"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":407384084603008,"gmtCreate":1740477937218,"gmtModify":1740484203248,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 还是喜欢你盘前涨盘中跳水的样子。FSD64000加装费加上绑定汽车,再好会有多少大冤种装[微笑] 免费好用才是硬道理,还有极高的政治风险在,坐等反向破万亿[开心] 包空你教主的","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 还是喜欢你盘前涨盘中跳水的样子。FSD64000加装费加上绑定汽车,再好会有多少大冤种装[微笑] 免费好用才是硬道理,还有极高的政治风险在,坐等反向破万亿[开心] 包空你教主的","text":"$特斯拉(TSLA)$ 还是喜欢你盘前涨盘中跳水的样子。FSD64000加装费加上绑定汽车,再好会有多少大冤种装[微笑] 免费好用才是硬道理,还有极高的政治风险在,坐等反向破万亿[开心] 包空你教主的","images":[{"img":"https://static.tigerbbs.com/d6e6b886730d1d43553f02ccf87b9feb","width":"1092","height":"1717"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":23,"repostSize":2,"link":"https://laohu8.com/post/407384084603008","isVote":1,"tweetType":1,"viewCount":27949,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4195272735879932","authorId":"4195272735879932","name":"穷不达","avatar":"https://static.tigerbbs.com/af68781b8c44eade49ee4fce2cecabf8","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4195272735879932","idStr":"4195272735879932"},"content":"🤔️还是有不少人装的。假设中国有100万人买入特斯拉那么5个人就有一个很可能就是fsd的潜在客户 利润还是相当可观的","text":"🤔️还是有不少人装的。假设中国有100万人买入特斯拉那么5个人就有一个很可能就是fsd的潜在客户 利润还是相当可观的","html":"🤔️还是有不少人装的。假设中国有100万人买入特斯拉那么5个人就有一个很可能就是fsd的潜在客户 利润还是相当可观的"},{"author":{"id":"3523536666774916","authorId":"3523536666774916","name":"有意思嘛","avatar":"https://static.tigerbbs.com/2467760e12a0719e780d7f9aa6176a05","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3523536666774916","idStr":"3523536666774916"},"content":"免费好用 为何坐飞机不能免费好用 为何坐地铁不能免费好用😂😂😂","text":"免费好用 为何坐飞机不能免费好用 为何坐地铁不能免费好用😂😂😂","html":"免费好用 为何坐飞机不能免费好用 为何坐地铁不能免费好用😂😂😂"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":388293509525656,"gmtCreate":1735828001370,"gmtModify":1735835403273,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 488接盘的兄弟也太可怜了,估计得等一两年了(前提是马大炮靠谱)光靠梦想果然不行啊,还是得马大炮发一下x拯救一下。要怪就怪教主太能吹了,那么多优惠政策也完不成任务[开心] 机器人,自动出租依然是块没有盈利的饼,继续下跌","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 488接盘的兄弟也太可怜了,估计得等一两年了(前提是马大炮靠谱)光靠梦想果然不行啊,还是得马大炮发一下x拯救一下。要怪就怪教主太能吹了,那么多优惠政策也完不成任务[开心] 机器人,自动出租依然是块没有盈利的饼,继续下跌","text":"$特斯拉(TSLA)$ 488接盘的兄弟也太可怜了,估计得等一两年了(前提是马大炮靠谱)光靠梦想果然不行啊,还是得马大炮发一下x拯救一下。要怪就怪教主太能吹了,那么多优惠政策也完不成任务[开心] 机器人,自动出租依然是块没有盈利的饼,继续下跌","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":25,"repostSize":0,"link":"https://laohu8.com/post/388293509525656","isVote":1,"tweetType":1,"viewCount":10858,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3496384095022760","authorId":"3496384095022760","name":"NasdaqBoy","avatar":"https://static.tigerbbs.com/5f6049b2d05961871c854c34053f3cba","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3496384095022760","idStr":"3496384095022760"},"content":"长期看好,FSD和cyber truck 落地中国的时候,就是股价上涨到1000的时候。","text":"长期看好,FSD和cyber truck 落地中国的时候,就是股价上涨到1000的时候。","html":"长期看好,FSD和cyber truck 落地中国的时候,就是股价上涨到1000的时候。"},{"author":{"id":"3553256311875125","authorId":"3553256311875125","name":"老当益壮铁树开花","avatar":"https://static.tigerbbs.com/ffe9bdf2e928a90ce7307de1ff8b30ff","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3553256311875125","idStr":"3553256311875125"},"content":"国内新能源车越来越卷,虽然特斯拉还是优势明显,但是小米的崛起,理想的下沉,前后夹击,让特斯拉如鲠在喉。明年注定是特斯拉在华最难的一年。","text":"国内新能源车越来越卷,虽然特斯拉还是优势明显,但是小米的崛起,理想的下沉,前后夹击,让特斯拉如鲠在喉。明年注定是特斯拉在华最难的一年。","html":"国内新能源车越来越卷,虽然特斯拉还是优势明显,但是小米的崛起,理想的下沉,前后夹击,让特斯拉如鲠在喉。明年注定是特斯拉在华最难的一年。"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":420633987400264,"gmtCreate":1743724588763,"gmtModify":1743724590282,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a><v-v data-views=\"0\"></v-v> 得到十块以下了,半导体行业挺害怕通胀和衰退的","listText":"<a href=\"https://laohu8.com/S/SOXL\">$三倍做多半导体ETF-Direxion Daily(SOXL)$ </a><v-v data-views=\"0\"></v-v> 得到十块以下了,半导体行业挺害怕通胀和衰退的","text":"$三倍做多半导体ETF-Direxion Daily(SOXL)$ 得到十块以下了,半导体行业挺害怕通胀和衰退的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/420633987400264","isVote":1,"tweetType":1,"viewCount":4981,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3457299282858406","authorId":"3457299282858406","name":"ckxy2008","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3457299282858406","idStr":"3457299282858406"},"content":"这可是三倍,10块?1块都有可能,随便半导体回调个30%,基本上这玩意就7-80%的跌幅","text":"这可是三倍,10块?1块都有可能,随便半导体回调个30%,基本上这玩意就7-80%的跌幅","html":"这可是三倍,10块?1块都有可能,随便半导体回调个30%,基本上这玩意就7-80%的跌幅"},{"author":{"id":"4092899621702560","authorId":"4092899621702560","name":"pzxy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4092899621702560","idStr":"4092899621702560"},"content":"昨天本来想抄底,结果看到了你的帖子,唉,这种人就是无脑空,什么逻辑都没有,拉黑了","text":"昨天本来想抄底,结果看到了你的帖子,唉,这种人就是无脑空,什么逻辑都没有,拉黑了","html":"昨天本来想抄底,结果看到了你的帖子,唉,这种人就是无脑空,什么逻辑都没有,拉黑了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":289300674449728,"gmtCreate":1711652947561,"gmtModify":1711652949220,"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 转灯成功,下周迎接销量暴击开始新一波下[冷漠] ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$ </a><v-v data-views=\"0\"></v-v> 转灯成功,下周迎接销量暴击开始新一波下[冷漠] ","text":"$特斯拉(TSLA)$ 转灯成功,下周迎接销量暴击开始新一波下[冷漠]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":1,"link":"https://laohu8.com/post/289300674449728","isVote":1,"tweetType":1,"viewCount":5087,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092177932484180","authorId":"4092177932484180","name":"雁门关向东二万五千里","avatar":"https://static.tigerbbs.com/07291789f4dae4cc64e158f365e7e31b","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4092177932484180","idStr":"4092177932484180"},"content":"小米今年只有7万的产能,对特斯拉造成不了太大的威胁,空头手中的筹码已经太多了,跌到130,空头和多头都会巨亏,也不符合空头金主们的利益,毕竟他们已经开启电动化,没有特斯拉的充电桩,通用,福特都得玩完,现在谁求谁心里没的数吗?","text":"小米今年只有7万的产能,对特斯拉造成不了太大的威胁,空头手中的筹码已经太多了,跌到130,空头和多头都会巨亏,也不符合空头金主们的利益,毕竟他们已经开启电动化,没有特斯拉的充电桩,通用,福特都得玩完,现在谁求谁心里没的数吗?","html":"小米今年只有7万的产能,对特斯拉造成不了太大的威胁,空头手中的筹码已经太多了,跌到130,空头和多头都会巨亏,也不符合空头金主们的利益,毕竟他们已经开启电动化,没有特斯拉的充电桩,通用,福特都得玩完,现在谁求谁心里没的数吗?"},{"author":{"id":"3560418186602071","authorId":"3560418186602071","name":"畜牧教主马斯克","avatar":"https://static.tigerbbs.com/58bf1dddf2200bde0bbfcaedaadea959","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3560418186602071","idStr":"3560418186602071"},"content":"$特斯拉(TSLA)$ 150以下基本上没得说了,除非马大炮还有什么新饼可以画。财报暴雷也跑不了了","text":"$特斯拉(TSLA)$ 150以下基本上没得说了,除非马大炮还有什么新饼可以画。财报暴雷也跑不了了","html":"$特斯拉(TSLA)$ 150以下基本上没得说了,除非马大炮还有什么新饼可以画。财报暴雷也跑不了了"}],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}