Tesla Analyst Explains Why EV Marker Is 'Going To Prove To Be The Next Enron': 'Many Fanboys Will Run For The Hills'
Tesla Analyst Explains Why EV Marker Is 'Going To Prove To Be The Next Enron': 'Many Fanboys Will Run For The Hills'
Tesla, Inc. (NASDAQ:TSLA) shares saw a bounce last Thursday after CEO Elon Musk hinted at shareholders' overwhelming support for his 2018 compensation plan. However, the shares pulled back sharply on Friday after the approval was officially confirmed. A bearish analyst delved into the investment worthiness of the stock in an interview aired last week.
特斯拉公司（納斯達克：TSLA）的股票週四出現反彈，此前首席執行官埃隆·馬斯克暗示股東對其2018年薪酬計劃的支持率很高。然而，經過正式確認後，股票在週五大幅回撤。上週，一位看淡的分析師在一次採訪中深入探討了這隻股票的投資價值。
Hugely Dangerous: "Tesla is the biggest stock market bubble in world history and we have just seen the start of it," said Per Lekander, Clean Energy Transition's CEO and portfolio manager, in an interview with Yahoo Finance. He said Tesla's models are outdated, the valuation is insane and earnings are plummeting.
嚴重危險：“特斯拉是世界史上最大的股市泡沫，我們剛剛見證了其開端，”清潔能源轉型首席執行官兼投資組合經理Per Lekander在接受雅虎財經採訪時說。他表示，特斯拉的電動汽車已經過時，估值瘋狂，收益正在暴跌。
The Tesla bear said he estimates earnings to fall 50% this year. The consensus estimate for 2024 has dropped from $5 at the start of the year to $2.65, he noted, adding that he estimates $1.40 per share. The analyst has a $15 price target for Tesla.
這位特斯拉看淡派稱，他預計今年收益將下降50%。他指出，2024年的共識預期從今年初的5美元下降到2.65美元，並補充稱他的估計爲每股1.40美元。該分析師爲特斯拉設定了15美元的目標價位。
Lekander also flagged other risks, such as class action lawsuits and questions regarding the Tesla board paying itself enormous money.
Lekander還提到了其他風險，如集體訴訟和有關特斯拉董事會付給自己巨額資金的問題。
"I think this is hugely dangerous, and in the end, it's going to prove to be the next Enron," he added.
他補充說：“我認爲這非常危險，最終會被證明是下一個安然。”
The Enron parallel was previously used by Dustin Moskovitz, co-founder of Facebook (now Meta), who expressed uneasiness over cooked-up data regarding full self-driving capabilities. The infamous Enron saga stemmed from the company inflating its financial performance and hiding billions in debt with complex financial instruments. This eventually led to one of the biggest corporate scandals in U.S. history.
此前，Facebook（現在是Meta）聯合創始人達斯汀·莫斯科維茨曾表示對有關全自動駕駛能力的數據造假感到不安，與惡名昭著的安然公司騙局有相似之處，後者的騙局源於公司誇大其財務業績並通過複雜的金融工具隱藏了數十億美元的債務，這最終導致了美國曆史上最大的企業醜聞之一。
Retail Prop: Lekander said that retail traders are holding up the stock right now. While the broader market is up about 20%-25%, Tesla has fallen about 60% this year and the downward spiral is materializing step by step, he said.
Lekander表示，目前散戶正在支撐着該股票。他說，雖然整個市場上漲了20%-25%，但特斯拉股價今年已經下跌了約60%，並且下行趨勢正在逐步顯現。
"The retail crowd needs to to give up because that is what's holding up this stock [which] in evaluation makes absolutely no sense," the analyst said, adding he sees the stock going down further due to downward pressure on the bottom line, given the cyclical impact of the company's price cuts.
該分析師說：“散戶群體需要放棄，因爲他們支撐着這隻股票，但從估值角度來看，這完全沒有意義。”他補充說，由於公司價格的週期性影響，底線面臨下行壓力，他看到股價進一步下跌。
Lekander said the first quarter had terrible deliveries but not bad earnings. In the second quarter, the company did everything to boost car sales, including offering financing at nearly 0% interest. He also raised the specter of the company making a loss in the second quarter and potentially in the third quarter.
Lekander表示，第一季度交付情況很糟糕，但收益不算太差。在第二季度，該公司想方設法提高汽車銷售量，包括提供近乎0%的融資。他還提出了這家公司在第二季度可能出現虧損乃至可能在第三季度虧損的可能性。
"I think many fanboys will run for the hills," he said.
他說：“我認爲許多狂熱者將會向山下逃離。”
Tesla ended Friday's session down 2.44% at $178.01, according to Benzinga Pro data.
根據財經資訊媒體Benzinga Pro的數據，週五，特斯拉股票收盤下跌2.44%，報價178.01美元。
譯文內容由第三人軟體翻譯。