Tesla Is Navigating Free FSD Trials, Gigafactory Challenges, and Governance Hurdles: Analyst
Tesla Is Navigating Free FSD Trials, Gigafactory Challenges, and Governance Hurdles: Analyst
RBC Capital Markets analyst Tom Narayan maintained an Outperform rating on Tesla Inc (NASDAQ:TSLA) with a price target of $298.
加拿大皇家銀行資本市場分析師湯姆·納拉揚維持特斯拉公司（納斯達克股票代碼：TSLA）的跑贏大盤評級，目標股價爲298美元。
The fourth quarter of fiscal 2023 saw a demand-pull forward from the IRA expiry of particular Model 3s, and that likely negatively impacted the first quarter of 2024, as per the analyst.
分析師稱，2023財年第四季度因特定Model 3的IRA到期而出現了需求向前拉動，這可能會對2024年第一季度產生負面影響。
The analyst flagged the Red Sea disruption in January and the arson attack in February, hampering the Berlin gigafactory operations.
這位分析師指出，一月份的紅海中斷和二月份的縱火襲擊阻礙了柏林超級工廠的運營。
Narayan expects the company's decision to give one month of free trials of FSD in the U.S. will help drive higher volumes in the second quarter.
納拉揚預計，該公司決定在美國免費試用FSD一個月，這將有助於推動第二季度的銷量增長。
Higher FSD attach rates are also central to his investment thesis on the stock.
更高的FSD附着率也是他對該股的投資論點的核心。
Narayan projects Tesla deliveries of 446,000 in the first quarter of 2024, down 10.7% vs. his prior estimate of 500k and 3.3% below consensus, based on registration data and app downloads. He expects Tesla to report deliveries during the first week of April.
根據註冊數據和應用程序下載量，納拉揚預計，特斯拉在2024年第一季度的交付量爲44.6萬輛，較他之前估計的50萬輛下降10.7％，比預期的低3.3％。他預計特斯拉將在4月的第一週報告交付情況。
Narayan projects first-quarter revenue and adj EPS of $25.71 billion and $0.80.
納拉揚預計第一季度收入和調整後每股收益爲257.1億美元和0.80美元。
HSBC analyst Michael Tyndall retained a Reduced rating and price target of $143.
匯豐銀行分析師邁克爾·廷德爾維持了下調的評級和143美元的目標股價。
The analyst reduced his forecasts due to deeper-than-expected Tesla price cuts, doubting the market's desire for continued devaluation despite cost improvements.
由於特斯拉的降價幅度超出預期，這位分析師下調了預期，他懷疑儘管成本有所改善，但市場仍希望繼續貶值。
He said that Tesla's rapid depreciation and decisions by professional buyers like Sixt and Hertz to cut their fleets highlight concerns over using price cuts for durable consumer goods.
他說，特斯拉的快速貶值以及Sixt和Hertz等專業買家決定削減車隊，凸顯了人們對耐用消費品降價的擔憂。
Per the analyst, pre-revenue opportunities for Tesla, such as Dojo, appear more distant amid challenges in gaining regulatory and social approval for autonomous vehicles.
根據分析師的說法，在自動駕駛汽車獲得監管和社會認可方面面臨挑戰的情況下，Dojo等特斯拉的盈前機會似乎更爲遙遠。
A Delaware court voided CEO Elon Musk's share option package, leading him to propose relocating Tesla's incorporation to Texas for a new pay agreement, raising governance and future leadership concerns, Tyndall added.
廷德爾補充說，特拉華州法院宣佈首席執行官埃隆·馬斯克的股票期權計劃無效，導致他提議將特斯拉的公司遷至德克薩斯州以達成新的薪酬協議，這引起了治理和未來領導層的擔憂。
The stock price has plunged over 28% year-to-date. Investors can gain exposure to the Tesla stock via Tidal ETF Trust II The Meet Kevin Pricing Power ETF (NYSE:PP), and Vanguard Consumer Discretion ETF (NYSE:VCR).
今年迄今爲止，股價已暴跌超過28％。投資者可以通過Tidal ETF Trust II The Meet Kevin Pricing Power ETF（紐約證券交易所代碼：PP）和Vanguard消費者自由裁量權ETF（紐約證券交易所代碼：VCR）獲得特斯拉股票的敞口。
Price Action: TSLA shares traded lower by 1.56% at $177.03 on the last check Thursday.
價格走勢：在週四的最後一次支票中，TSLA股價下跌1.56％，至177.03美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明： 該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審閱和發佈。
Tesla CEO Elon Musk. Photo via Shutterstock
特斯拉首席執行官埃隆·馬斯克。照片來自 Shutterstock
譯文內容由第三人軟體翻譯。