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 分析师克雷格·欧文在周一将特斯拉公司的（纳斯达克：TSLA）目标价从85美元上调347%至380美元，并将评级从"中立"上调至"买入"。
What Happened: A long-time Tesla bear, Irwin turned bullish on Tesla on Monday.
发生了什么：长期以来看空特斯拉的欧文在周一对特斯拉的看法转向看好。
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的露面中，欧文谈到了他观点变化的原因，他指出特斯拉可能会从其首席执行官与总统当选人特朗普的新关系和支持中获益。
"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.
"这个季度可能是相对疲软的最后一个季度；现在他（埃隆）有了一批新的买家。那些过去可能不太关注电动车的保守派将推动核心美国市场需求的加速，"欧文说。
"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."
"我看不到太多负面催化因素……有很多积极的催化因素……偏向现在是向上，而不是向下。市值可能很大……但他们正在做大事情。"
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.
欧文指出，依赖电动车补贴的其他电动车品牌在特朗普任内将面临"日落"，因为有报道称他计划减少或取消电动车相关的补贴，这对特斯拉来说是一个积极的推送。
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."
欧文对Cybercab对特斯拉股票价值的贡献持乐观态度。他说："我们将看到逐步进展，人们将能够有一个切实的体验，这正是我认为能推动股票价值并推动拥有该股票热情的原因。"
Why It Matters: Tesla shares rallied following Trump's win in the Presidential elections.
为什么这很重要：特斯拉股票在特朗普赢得总统选举后上涨。
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.
马斯克在摇摆州宾夕法尼亚积极为特朗普竞选，特朗普当选后任命这位亿万富翁负责领导政府效率部，旨在减少政府繁文缛节，削减冗余法规，削减浪费支出，以及重组联邦机构。
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.
新建立的关系让投资者对特斯拉的前景持积极态度，希望能够放宽针对车辆自主性的科技开发限制，以及取消可能对特斯拉有利、但对竞争对手的小型企业有害的电动车相关补贴。
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.
价格走势：特斯拉股票在周一收盘上涨3.5%，报357.09美元。根据Benzinga Pro的数据，今年以来该股上涨了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.
特斯拉股票的共识评级为“买入”。根据Roth MKM、Stifel和瑞士银行的最近三条评级，339美元的平均目标价格暗示着5%的下行空间。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
查看更多Benzinga的未来出行报道，请点击此链接。
- Tesla Rival BYD Marks 68% Growth In November Sales Driven By Popularity Of Plug-In Hybrid EVs
- 特斯拉竞争对手比亚迪在11月销售额增长68%，这主要得益于插电式混合动力电动车的受欢迎程度。
Photo courtesy: Shutterstock
照片提供：shutterstock
译文内容由第三方软件翻译。
