Elon Musk's Tesla Is Now A 'Meme Stock,' Says Economist: 'The Market Does Not Particularly Care'
Elon Musk's Tesla Is Now A 'Meme Stock,' Says Economist: 'The Market Does Not Particularly Care'
Elon Musk's Tesla Inc. (NASDAQ:TSLA) has been labeled a "meme stock" by a renowned economist, who believes that the company's success is now more about Musk's promises than its actual performance.
埃隆·马斯克旗下的特斯拉公司（纳斯达克股票代码：TSLA）被一位著名经济学家标记为 “模因股”，他认为该公司现在的成功更多地取决于马斯克的承诺，而不是其实际表现。
What Happened: UC Berkeley economist J. Bradford DeLong suggested that Tesla's market success is now largely dependent on Musk's ability to keep making promises, regardless of the company's actual delivery, the economist wrote in an op-ed for Project Syndicate.
发生了什么：加州大学伯克利分校经济学家布拉德福德·德隆在辛迪加项目的一篇专栏文章中写道，特斯拉的市场成功现在在很大程度上取决于马斯克兑现承诺的能力，无论公司的实际交付额如何。
"From the standpoint of its suppliers, employees, and customers, it is a source of income and production," he said. "And from the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-bubble casino play."
他说：“从供应商、员工和客户的角度来看，它是收入和生产的来源。”“从华尔街投机者的角度来看，这是轮盘赌中的一个弹跳球：一场科技泡沫赌场游戏。”
DeLong, in an op-ed, pointed out that Musk, after unlocking his entire pay package in 2018, has been promoting ideas that the company has yet to deliver on, such as full self-driving, humanoid robots, and an artificial intelligence supercomputer.
德隆在一篇专栏文章中指出，马斯克在2018年解锁了全部薪酬待遇后，一直在推广该公司尚未实现的想法，例如全自动驾驶、仿人机器人和人工智能超级计算机。
"For all the current Tesla shareholders planning to offload their holdings in the next couple of years, everything hinges on the company succeeding as a meme stock, and Musk is diligently working toward that goal," DeLong argued.
德隆争辩说：“对于所有计划在未来几年内出售其持股的特斯拉现有股东来说，一切都取决于该公司能否成功成为模因股，而马斯克正在努力实现这一目标。”
"Since there are virtually no long-term Tesla shareholders, the market does not particularly care that the company lacks a CEO who is trying to build it into an enduring profit-making organization," he added.
他补充说：“由于特斯拉几乎没有长期股东，因此市场并不特别关心该公司缺少一位试图将其打造成一个持久的盈利组织的首席执行官。”
He also noted that Musk's recent earnings commentary, in which he suggested that Tesla should be considered an AI or robotics firm, contradicts the company's first-quarter results, where "automotive revenues" made up more than 80% of the sales.
他还指出，马斯克最近的财报评论中建议将特斯拉视为一家人工智能或机器人公司，这与该公司第一季度的业绩相矛盾，其中 “汽车收入” 占销售额的80％以上。
Despite the concerns raised by DeLong and others, Tesla's recent earnings commentary has boosted confidence on Wall Street, following a period of uncertainty around EV demand and executive controversies.
尽管德隆和其他公司提出了担忧，但在电动汽车需求和高管争议持续了一段时间的不确定性之后，特斯拉最近的财报评论提振了华尔街的信心。
Why It Matters: The economist's remarks come in the wake of Tesla's first-quarter financial results, which saw a 9% year-over-year revenue decline, missing Wall Street estimates. Despite this, Musk's optimistic commentary during the earnings call triggered a 13% surge in after-hours trading.
为何重要：这位经济学家的讲话是在特斯拉公布第一季度财务业绩之后发表的，该业绩的收入同比下降了9％，未达到华尔街的预期。尽管如此，马斯克在财报电话会议上的乐观评论引发了盘后交易的13％飙升。
Meanwhile, Musk's focus on AI and robotics has been evident in his recent comments. After Amazon's AWS revenue surpassed that of 466 S&P 500 companies, Musk expressed his astonishment at the sheer size of the cloud computing business.
同时，马斯克对人工智能和机器人技术的关注在他最近的评论中显而易见。在亚马逊的AWS收入超过了466家标准普尔500指数公司之后，马斯克对云计算业务的庞大规模表示惊讶。
Meanwhile, Tesla's rival, Stellantis N.V. (NYSE:STLA), announced a 12% decrease in net revenues and a 10% reduction in consolidated shipments in the first quarter, largely due to volume, mix, and foreign exchange challenges.
同时，特斯拉的竞争对手Stellantis N.V.（纽约证券交易所代码：STLA）宣布，第一季度净收入下降12％，合并出货量减少10％，这主要是由于数量、组合和外汇挑战。
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译文内容由第三方软件翻译。