<p><strong>特斯拉</strong>(TSLA -7.43%) 的股票在周一再次下跌，此前有消息称其生产计划出现重大延迟。截至东部时间下午 2 点，该公司的股价下跌了 7.3%，而 <strong>标准普尔 500 指数</strong> 下跌了 3.4%，市场对此反应强烈，主要是由于日益加剧的宏观经济担忧。</p>
<p>投资者反应的公司特定消息是，特斯拉将推迟其 Model Y 的简化版在美国的首发。这款价格较低的新电动车原定于本季度推出，但根据路透社的报道，现在将推迟到至少第三季度，甚至可能延迟到 2026 年，路透社未能得知延迟的原因。特斯拉的股票在 2025 年的交易中已下跌了 45%。</p>
<h2>现在特斯拉股票值得购买吗？</h2>
<p>这家电动车巨头计划在周二市场收盘后发布其第一季度业绩。本月早些时候发布的第一季度交付数据表明，该公司在此期间的销售和盈利将大幅下降。</p>
<p>由于新款低价大众市场 Model Y 的发布被推迟，该公司的潜在销售反弹也可能被延迟，公司的整体业绩可能会受到重大影响。尽管经历了大幅抛售，特斯拉的股票仍以高度依赖增长的估值进行交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b5fd6ee0fcab127d7ca1b61677f0d38f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b5fd6ee0fcab127d7ca1b61677f0d38f.png"/></p>
<p>TSLA 市盈率（前瞻性）数据来自 YCharts。</p>
<p>考虑到其交易价格超过今年预期收益的 88 倍，以及预期收入的约 6.7 倍，尽管有迹象表明其销售在短期内将进一步下降，这只股票看起来风险较大。鉴于其核心电动车业务面临的短期挑战，当前价格下的股票显得昂贵。除非你对其机器人出租车服务将在未来几年内成为主要收入和盈利驱动因素的前景非常看好，否则我认为现在最好暂时不购买特斯拉的股票。</p>

特斯拉

<p>特斯拉的股票在周一下跌了 7.3%，原因是其低价 Model Y 在美国的发布延迟，现推迟至至少 2026 年第三季度。预计该公司将在即将发布的第一季度财报中报告销售和盈利的显著下降。由于市盈率超过 88 以及电动车业务面临的挑战，分析师建议在对其未来的机器人出租车服务没有强烈信心的情况下，暂时不要购买特斯拉的股票</p>

<p><strong>Tesla</strong>(TSLA -7.43%) stock fell again on Monday after news broke of a major delay in its production plans. As of 2 p.m. ET, the company's share price was down 7.3%, while the <strong>S&amp;P 500</strong> was down 3.4% as the market responded to intensifying macroeconomic concerns.</p>
<div class="lb-trans"><p><strong>特斯拉</strong>(TSLA -7.43%) 的股票在周一再次下跌，此前有消息称其生产计划出现重大延迟。截至东部时间下午 2 点，该公司的股价下跌了 7.3%，而 <strong>标准普尔 500 指数</strong> 下跌了 3.4%，市场对此反应强烈，主要是由于日益加剧的宏观经济担忧。</p>
</div><p>The company-specific news that investors were reacting to was that Tesla will delay the U.S. debut of the bare-bones version of its Model Y. That lower-priced new electric vehicle (EV) was slated to launch this quarter, but its launch will now be pushed out to at least the third quarter, and possibly all the way into 2026, according to Reuters, which was unable to learn the reason for the delay. Tesla stock is now down by 45% across 2025's trading.</p>
<div class="lb-trans"><p>投资者反应的公司特定消息是，特斯拉将推迟其 Model Y 的简化版在美国的首发。这款价格较低的新电动车原定于本季度推出，但根据路透社的报道，现在将推迟到至少第三季度，甚至可能延迟到 2026 年，路透社未能得知延迟的原因。特斯拉的股票在 2025 年的交易中已下跌了 45%。</p>
</div><h2>Is Tesla stock a buy right now?</h2>
<div class="lb-trans"><h2>现在特斯拉股票值得购买吗？</h2>
</div><p>The electric vehicle (EV) giant is scheduled to publish its first-quarter results after the market closes Tuesday. The Q1 delivery figures it published earlier this month suggest that it will report significant declines in sales and earnings for the period.</p>
<div class="lb-trans"><p>这家电动车巨头计划在周二市场收盘后发布其第一季度业绩。本月早些时候发布的第一季度交付数据表明，该公司在此期间的销售和盈利将大幅下降。</p>
</div><p>With the release of the cheaper new mass-market Model Y being postponed, the company's potential sales rebound has likely also been delayed, and the company's overall performance for the year could take a significant hit. Despite its big sell-off, Tesla stock still trades at massively growth-dependent valuations.</p>
<div class="lb-trans"><p>由于新款低价大众市场 Model Y 的发布被推迟，该公司的潜在销售反弹也可能被延迟，公司的整体业绩可能会受到重大影响。尽管经历了大幅抛售，特斯拉的股票仍以高度依赖增长的估值进行交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/b5fd6ee0fcab127d7ca1b61677f0d38f.png" alt="" original-src="https://media.ycharts.com/charts/b5fd6ee0fcab127d7ca1b61677f0d38f.png"/></p>
<p>TSLA PE Ratio (Forward) data by YCharts.</p>
<div class="lb-trans"><p>TSLA 市盈率（前瞻性）数据来自 YCharts。</p>
</div><p>Given that it's changing hands at more than 88 times this year's expected earnings and approximately 6.7 times expected revenue despite indications that its sales will decline further in the near term, the stock looks risky. With the challenging near-term outlook for its core EV business, shares look expensive at current prices. Unless you're very bullish about the premise that its robotaxi service will emerge as a major revenue and earnings driver within the next couple of years, I think it would be best to hold off on buying Tesla stock right now.</p>
<div class="lb-trans"><p>考虑到其交易价格超过今年预期收益的 88 倍，以及预期收入的约 6.7 倍，尽管有迹象表明其销售在短期内将进一步下降，这只股票看起来风险较大。鉴于其核心电动车业务面临的短期挑战，当前价格下的股票显得昂贵。除非你对其机器人出租车服务将在未来几年内成为主要收入和盈利驱动因素的前景非常看好，否则我认为现在最好暂时不购买特斯拉的股票。</p>
</div>

Tesla Is Sinking Again Today: Is It Time to Buy the Stock?

- 特斯拉股价因生产计划重大延迟再次下跌，跌幅达 7.3%。  
- 计划推出的低价 Model Y 将推迟至第三季度或更晚，影响销售预期。  
- 特斯拉第一季度业绩预计将显著下滑，股价面临风险。  

特斯拉今天再次下跌：现在是买入这只股票的好时机吗？