<p>尽管基于市盈率指标，<strong>特斯拉公司</strong> TSLA 的股票被认为被高估，但其首席执行官 <strong>埃隆·马斯克</strong> 仍为公司的增长辩护，称其股价反映了公司的成功，淡化了专家们对这家汽车制造商的基本面担忧。</p>
<p><strong>发生了什么：</strong> 在周一的卡塔尔经济论坛上，马斯克强调，特斯拉的股价是其业务成功的衡量标准。</p>
<p>“如果你想要最好的内部信息，可以看看股价，” 他在一份雅虎财经的报道中说道。</p>
<p>“股票市场分析师有这个信息，如果股票没有处于良好状态，它不会接近历史最高点。它们很好，别担心。”</p>
<p>根据 Benzinga Pro 的数据，特斯拉的股票交易价格几乎是其 2026 年收益的 158.730 倍。同时，其同行的平均前瞻市盈率为 25.75 倍，这意味着特斯拉的价格比行业平均水平贵了 6.16 倍。</p>
<p>然而，<strong>戈登·约翰逊</strong>，GLJ Research 的首席执行官兼创始人，用例子反驳了马斯克的说法。在一条 X 帖子中，他强调：“如果：高股价 = 良好的基本面，那么 WorldComm + HealthSouth + Enron + Tyco + 等等就不会破产。”</p>
<p>他解释说，股价只是股票需求的反映，可能受到首席执行官评论和华尔街分析师的操控等因素的影响。</p>
<p>约翰逊进一步抨击美联储和财政部长 <strong>斯科特·贝森特</strong>，表示美联储通过印钞购买国债也是人为制造股票需求的原因。</p>
<p>“如果美联储立即撤回因 COVID 而印刷的所有货币，我们将迅速在股票中实现真实的价格发现，” 他警告道。</p>
<p>截至第一季度，特斯拉的收入同比下降 9%，降至 193.4 亿美元，未能达到华尔街共识预期的 213.5 亿美元，其每股收益同比下降 40%，降至 27 美分，低于 31 美分的共识。</p>
<p><strong>为什么这很重要：</strong> 与其行业的一些同行相比，特斯拉的市盈率在同行中最高。</p>
<p>然而，与 “七大奇迹” 股票的前瞻市盈率相比，特斯拉的股票仍然是最昂贵的，前瞻市盈率在行业平均水平中最高。</p>
<p>TSLA 股票年初至今下跌 9.35%，但在过去一个月中回升了 51.13%。年内股价上涨 84.26%。周二收盘下跌 0.51%，盘后上涨 0.015%，周三上涨 0.46%。</p>
<p><strong>Benzinga Edge 股票排名</strong> 显示，特斯拉在短期、中期和长期内的价格趋势较强。其动量排名稳固，但价值排名较差，位于 8.57 百分位。其他指标的详细信息可在此处查看。</p>
<p><strong>SPDR 标普 500 ETF 信托</strong> SPY 和 <strong>Invesco QQQ 信托 ETF</strong> QQQ，分别跟踪标普 500 指数和纳斯达克 100 指数，周三盘前下跌。根据 Benzinga Pro 数据，SPY 下跌 0.70%，至 588.69 美元，而 QQQ 下跌 0.76%，至 516.31 美元。</p>
<ul>
<li><strong>MSTR 的新比特币会计标准将推动 “财务波动”，使收益 “波动”，专家在诉讼影响策略后表示</strong></li>
</ul>
<p><em>图片来源于 Shutterstock</em></p>

特斯拉

<p>特斯拉的股票目前估值为其预计 2026 年收益的 158.73 倍，比其行业同行贵出 6.16 倍。首席执行官埃隆·马斯克为这一估值辩护，表示股票价格反映了商业成功。然而，GLJ Research 的戈登·约翰逊则认为，高股票价格并不保证强劲的基本面，他引用了恩龙等公司的破产案例。特斯拉的收入同比下降了 9%，未能达到预期，其股票今年表现不一。尽管价格趋势强劲，但其价值排名仍然较低</p>

<p>Despite the overvalued nature of the stock based on its price-to-earnings metric, <strong>Tesla Inc.</strong> TSLA’s CEO, <strong>Elon Musk,</strong> has defended the company’s growth, citing its stock prices, shrugging off the fundamental worries surrounding the carmaker as highlighted by experts.</p>
<div class="lb-trans"><p>尽管基于市盈率指标，<strong>特斯拉公司</strong> TSLA 的股票被认为被高估，但其首席执行官 <strong>埃隆·马斯克</strong> 仍为公司的增长辩护，称其股价反映了公司的成功，淡化了专家们对这家汽车制造商的基本面担忧。</p>
</div><p><strong>What Happened:</strong> During the Qatar Economic Forum on Monday, Musk highlighted that Tesla’s share price was the measure of its business’s success.</p>
<div class="lb-trans"><p><strong>发生了什么：</strong> 在周一的卡塔尔经济论坛上，马斯克强调，特斯拉的股价是其业务成功的衡量标准。</p>
</div><p>“You can just look at the stock price if you want the best inside information,” he said as per a Yahoo Finance report.</p>
<div class="lb-trans"><p>“如果你想要最好的内部信息，可以看看股价，” 他在一份雅虎财经的报道中说道。</p>
</div><p>“The stock market analysts have that, and a stock wouldn’t be trading near all-time highs if it was not, if things weren’t in good shape. They’re fine, don’t worry about it.”</p>
<div class="lb-trans"><p>“股票市场分析师有这个信息，如果股票没有处于良好状态，它不会接近历史最高点。它们很好，别担心。”</p>
</div><p>According to Benzinga Pro, Tesla shares are trading at a price nearly 158.730 times its 2026 earnings. At the same time, the average forward price-to-earnings of its peers stood at 25.75 times, implying that Tesla was 6.16 times more expensive than its industry's average.</p>
<div class="lb-trans"><p>根据 Benzinga Pro 的数据，特斯拉的股票交易价格几乎是其 2026 年收益的 158.730 倍。同时，其同行的平均前瞻市盈率为 25.75 倍，这意味着特斯拉的价格比行业平均水平贵了 6.16 倍。</p>
</div><p>However, <strong>Gordon Johnson,</strong> the CEO and founder of GLJ Research, countered Musk’s statement with examples. In an X post, he highlighted that “If: high stock price = good underlying business fundamentals, then WorldComm + HealthSouth + Enron + Tyco + etc. would never have gone bankrupt.”</p>
<div class="lb-trans"><p>然而，<strong>戈登·约翰逊</strong>，GLJ Research 的首席执行官兼创始人，用例子反驳了马斯克的说法。在一条 X 帖子中，他强调：“如果：高股价 = 良好的基本面，那么 WorldComm + HealthSouth + Enron + Tyco + 等等就不会破产。”</p>
</div><p>He explained that the stock prices were simply a reflection of a stock’s demand, which could be influenced by factors like CEO comments and pump-and-dump Wall Street analysts.</p>
<div class="lb-trans"><p>他解释说，股价只是股票需求的反映，可能受到首席执行官评论和华尔街分析师的操控等因素的影响。</p>
</div><p>Taking a dig at the Federal Reserve and Treasury Secretary <strong>Scott Bessent,</strong> Johnson further stated that the Fed’s purchase of Treasuries by printing money was also a reason for the artificially created demand for stocks.</p>
<div class="lb-trans"><p>约翰逊进一步抨击美联储和财政部长 <strong>斯科特·贝森特</strong>，表示美联储通过印钞购买国债也是人为制造股票需求的原因。</p>
</div><p>“Were the Federal Reserve to immediately pull out all the money it printed into existence from COVID, we’d QUICKLY have REAL price discovery in stocks,” he warned.</p>
<div class="lb-trans"><p>“如果美联储立即撤回因 COVID 而印刷的所有货币，我们将迅速在股票中实现真实的价格发现，” 他警告道。</p>
</div><p>As of the first quarter, Tesla’s revenue fell 9% year-over-year to $19.34 billion, missing the Street’s consensus estimate of $21.35 billion, and its EPS declined 40% year-over-year to 27 cents, which was below the 31 cents consensus.</p>
<div class="lb-trans"><p>截至第一季度，特斯拉的收入同比下降 9%，降至 193.4 亿美元，未能达到华尔街共识预期的 213.5 亿美元，其每股收益同比下降 40%，降至 27 美分，低于 31 美分的共识。</p>
</div><p><strong>Why It Matters:</strong> When compared to a few of its industry peers, Tesla had the highest trailing P/E ratio among them.</p>
<div class="lb-trans"><p><strong>为什么这很重要：</strong> 与其行业的一些同行相比，特斯拉的市盈率在同行中最高。</p>
</div><p>However, when compared to the forward P/E ratios of the Magnificent 7 stocks, Tesla shares remain the most expensive with the highest ratio of forward price-to-earnings in comparison with its industry average.</p>
<div class="lb-trans"><p>然而，与 “七大奇迹” 股票的前瞻市盈率相比，特斯拉的股票仍然是最昂贵的，前瞻市盈率在行业平均水平中最高。</p>
</div><p>TSLA shares were down 9.35% year-to-date, but it has returned by 51.13% just in the last month. The shares were up 84.26% over the year. On Tuesday, it ended 0.51% lower and advanced 0.015% in after-hours and on Wednesday, it was up 0.46%.</p>
<div class="lb-trans"><p>TSLA 股票年初至今下跌 9.35%，但在过去一个月中回升了 51.13%。年内股价上涨 84.26%。周二收盘下跌 0.51%，盘后上涨 0.015%，周三上涨 0.46%。</p>
</div><p><strong>Benzinga Edge Stock Rankings</strong> shows that Tesla had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid, however, its value ranking was poor at the 8.57th percentile. The details of other metrics are available here.</p>
<div class="lb-trans"><p><strong>Benzinga Edge 股票排名</strong> 显示，特斯拉在短期、中期和长期内的价格趋势较强。其动量排名稳固，但价值排名较差，位于 8.57 百分位。其他指标的详细信息可在此处查看。</p>
</div><p>The <strong>SPDR S&amp;P 500 ETF Trust</strong> SPY and <strong>Invesco QQQ Trust ETF</strong> QQQ, which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Wednesday. The SPY was down 0.70% to $588.69, while the QQQ declined 0.76% to $516.31, according to Benzinga Pro data.</p>
<div class="lb-trans"><p><strong>SPDR 标普 500 ETF 信托</strong> SPY 和 <strong>Invesco QQQ 信托 ETF</strong> QQQ，分别跟踪标普 500 指数和纳斯达克 100 指数，周三盘前下跌。根据 Benzinga Pro 数据，SPY 下跌 0.70%，至 588.69 美元，而 QQQ 下跌 0.76%，至 516.31 美元。</p>
</div><ul>
<li><strong>MSTR’s New Bitcoin Accounting Standard To Drive ‘Financial Swings,’ Make Earnings ‘Volatile,’ Says Expert After Lawsuit Hits Strategy</strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong>MSTR 的新比特币会计标准将推动 “财务波动”，使收益 “波动”，专家在诉讼影响策略后表示</strong></li>
</ul>
</div><p><em>Image Via Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源于 Shutterstock</em></p>
</div>

Tesla Is 6X More Expensive Than Its Peers And The Most Overvalued Mag 7 Stock: Gordon Johnson Questions Fundamentals As Elon Musk Shrugs Off Concerns

- 特斯拉 CEO 埃隆·马斯克在卡塔尔经济论坛上捍卫公司股价。  
- 特斯拉股价的市盈率为 158.73，远高于同行业平均的 25.75。  
- 特斯拉第一季度营收同比下降 9%，未达市场预期。  

特斯拉的价格是其同行的 6 倍，是 Mag 7 股票中估值最高的：戈登·约翰逊对其基本面提出质疑，而埃隆·马斯克则对这些担忧不屑一顾