Tesla Bear Craig Irwin Turns Bullish On EV Giant, Increases Price Target By 347%: 'There Are Abundant Positive Catalysts'
Tesla Bear Craig Irwin Turns Bullish On EV Giant, Increases Price Target By 347%: 'There Are Abundant Positive Catalysts'
"This quarter is probably the last quarter of relative weakness; Now he (Elon) has got a new pool of buyers. Conservatives that might not have looked at EVs quite as closely in the past that allow an acceleration of demand in the core U.S. market," said Irwin.Roth MKM analyst Craig Irwin on Monday raised Tesla Inc.'s (NASDAQ:TSLA) price target by 347% from $85 to $380 and upgraded the rating to a "buy" from "neutral."
Roth MKm 分析師 Craig Irwin 週一將特斯拉公司（納斯達克：TSLA）的目標價格從 85 美元上調 347% 至 380 美元，並將評級從 "中立" 上調至 "買入"。
What Happened: A long-time Tesla bear, Irwin turned bullish on Tesla on Monday.
發生了什麼：長期以來看空特斯拉的 Irwin 週一變得看好特斯拉。
Talking about his change in opinion in an appearance on CNBC, Irwin noted the benefits that Tesla might reap out of its CEO's new association and support for President-elect Donald Trump.
在 CNBC 的一次露面中，Irwin 談到了他觀點的變化，他指出特斯拉可能會從其首席執行官與當選總統特朗普的新關係和支持中受益。
"This quarter is probably the last quarter of relative weakness; Now he (Elon) has got a new pool of buyers. Conservatives that might not have looked at EVs quite as closely in the past that allow an acceleration of demand in the core U.S. market," said Irwin.
"這個季度可能是相對疲軟的最後一個季度；現在他（埃隆）有了一批新的買家。過去可能沒有太關注電動車的保守派將促進核心美國市場需求的加速，" Irwin 說。
"I don't see very many negative catalysts... There are abundant positive catalysts... Bias is now to the upside, not the downside. The market cap may be huge... but they are doing big things."
"我看不到太多負面催化劑……有很多積極的催化劑……現在的偏向是向上，而不是向下。市值可能很大……但他們正在做一些大事。"
Other EV brands that relied on EV subsidies will face a "sunset" under Trump given reports that he is planning to reduce or remove EV-related subsidies, he noted, in a positive push for Tesla.
他指出，在特朗普的計劃中，報告稱他計劃減少或取消與電動車相關的補貼，其他依賴電動車補貼的品牌將面臨 "日落"，這對特斯拉來說是一個積極的推送。
Irwin is also optimistic about the contribution of the Cybercab to the Tesla stock's value for investors. "We're going to see incremental progress and people are going to be able to have a tangible experience, and that's what I think drives value in the stock and drives enthusiasm to own the stock."
Irwin 還對 Cybercab 對特斯拉股票價值的貢獻持樂觀態度。"我們將看到逐步進展，人們將能夠有一個切實的體驗，這就是我認爲推動股票價值和對擁有股票的熱情的原因。"
Why It Matters: Tesla shares rallied following Trump's win in the Presidential elections.
爲什麼這很重要：特斯拉股票在特朗普贏得總統選舉後漲勢喜人。
Musk actively campaigned for Trump in the swing state of Pennsylvania and the President-elect named the billionaire to lead the Department of Government Efficiency aimed at bringing down government bureaucracy, slashing excess regulations, cutting waste expenditures, and restructuring federal agencies.
馬斯克在搖擺州賓夕法尼亞積極爲特朗普競選，總統當選人任命這位億萬富翁領導政府效率部，旨在減少政府官僚主義，削減多餘的監管，削減浪費開支，並重組聯邦機構。
The newly-forged relationship has caused investors to be positive about the way forward for Tesla with hopes of easing restrictions on the development of technology aimed at vehicle autonomy and removal of EV-related subsidies that may harm rival smaller players in favor of Tesla.
這種新建立的關係使得投資者對特斯拉的前景持樂觀態度，希望能夠放寬針對車輛自動駕駛科技開發的限制，並取消可能損害較小競爭對手的電動車相關補貼，以支持特斯拉。
Price Action: Tesla shares closed up 3.5% at $357.09 on Monday. The stock is up 44% year-to-date, according to data from Benzinga Pro.
價格動態：特斯拉股票週一收盤上漲3.5%，報$357.09。根據Benzinga Pro的數據，該股票年初至今上漲44%。
The Tesla stock has a consensus rating of "Buy." The average price target of $339 based three most recent ratings from Roth MKM, Stifel, and UBS implies a 5% downside.
特斯拉的股票共識評級爲「買入」。根據Roth MKM、Stifel和瑞銀最近的三條評級，339美元的平均價格目標意味着有5%的下行空間。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
查看更多Benzinga的未來出行報道，請點擊此鏈接。
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Photo courtesy: Shutterstock
照片提供：shutterstock
譯文內容由第三人軟體翻譯。
