<p>电动汽车制造商 <strong>特斯拉</strong>(TSLA -1.13%) 经历了动荡的一年，其股票在投资者试图考虑核心电动车业务的困境、其有争议的首席执行官的言行以及围绕未来如机器人出租车等新举措的兴奋情绪时，股价经历了剧烈波动，以确定股票的合理价格。</p>
<p>谈到机器人出租车，彭博社最近报道特斯拉计划于 6 月 12 日在德克萨斯州奥斯汀推出一小组机器人出租车，这标志着特斯拉声称将最终成为一项庞大新业务和收入来源的开始。该事件还可能为投资者提供有关特斯拉自动驾驶技术有效性的信息。</p>
<p>投资者现在应该在 6 月 12 日公告前购买特斯拉吗？</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAwNjYvc2VsZi1kcml2aW5nLTEtZ2V0dHkuanBnJnc9NzAw?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://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAwNjYvc2VsZi1kcml2aW5nLTEtZ2V0dHkuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>机器人出租车有什么大不了的？</h2>
<p>特斯拉的核心电动车业务在今年遭遇了困难，公司在第一季度仅报告交付 337,000 辆，是两年来的最低水平。无论是由于首席执行官埃隆·马斯克与政治的牵连（似乎已经结束），还是由于竞争加剧，销售都面临挑战。最近的报告显示，第二季度的情况并没有太大改善。此外，特斯拉的股票仍以极高的倍数交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/1f808b2dd9ea0195a075fcc39645cbe9.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/1f808b2dd9ea0195a075fcc39645cbe9.png"/></p>
<p>数据来源：YCharts。</p>
<p>该股票受到公司未来举措的推动，包括即将推出的更便宜的电动车、机器人出租车以及据称能够完成家务的 Optimus 人形机器人。机器人出租车是最令人兴奋的，奥斯汀的发布据说就在几天之内。根据媒体报道和分析师研究报告，奥斯汀的机器人出租车发布将包括 10 到 20 辆特斯拉 Model Y，配有人类监督员，车辆将被地理围栏限制，仅在奥斯汀的特定区域内运营。</p>
<p>然而，马斯克还表示，几个月内可能会有 1,000 辆在路上。关于特斯拉的无监督全自动驾驶 (FSD) 技术的有效性，存在不同的报告和数据。用户现在已经测试了 FSD 超过数十亿英里，特斯拉的管理团队声称 FSD 比人类驾驶更安全。</p>
<p>然而，一些人认为 FSD 技术并不像马斯克所声称的那样强大。<strong>摩根士丹利</strong> 分析师亚当·乔纳斯最近在一份研究报告中告诉投资者：“正如特斯拉备受期待的事件通常所表现的那样，我们会对（报道的）6 月 12 日在奥斯汀的 Cybercab 发布活动保持谨慎的期望。”</p>
<p>如果特斯拉的 FSD 最终取得成功，马斯克计划最终推出特斯拉自己的打车服务车队。“我们有数百万辆汽车能够自主运营，” 马斯克几周前对 CNBC 表示。“我应该说，这是一种特斯拉拥有的车队与允许特斯拉车主能够添加或移除他们的汽车到车队的结合，因此现有的特斯拉车主将能够通过将他们的汽车添加到车队中获得收入。”</p>
<h2>在奥斯汀发布前你应该购买股票吗？</h2>
<p>投资者将密切关注奥斯汀的首次亮相，以查看 FSD 是否出现任何错误以及技术的有效性。我相信一些分析师很快就会有机会试用机器人出租车。虽然该服务可能证明成功并为公司带来大量新收入，但我仍然认为投资者有些过于乐观。技术可能没有人们想象的那么强大，而且尚不清楚这个业务能多快扩展。</p>
<p>在如此高的估值下，市场似乎已经在考虑机器人出租车和其他未来举措（如 Optimus 机器人）的成功。从长远来看，特斯拉参与机器人出租车和自动驾驶浪潮的机会仍然很高，但现在仍然为时尚早，我们不知道新的自动驾驶领域最终会是什么样子。基于这些原因，我对投资特斯拉保持观望。</p>
<p>无论你决定在 6 月 12 日之前是否购买股票，请记住，单一事件（在大多数情况下）不应成为任何股票交易的驱动力。愚蠢的投资涉及基于公司长期理论而非可能影响股票价格的短期事件做出买卖决策。</p>

特斯拉

<p>特斯拉计划于 6 月 12 日在德克萨斯州奥斯汀推出一小批机器人出租车，这可能会影响其股价。尽管在核心电动车业务上面临挑战，但围绕机器人出租车和更便宜电动车等未来计划的兴奋感仍然保持了投资者的高度关注。分析师警告说，预期应当适度，因为特斯拉的自动驾驶技术的有效性仍然不确定。虽然存在产生收入的潜力，但当前的股票估值可能已经反映了预期的成功。投资者在做出关于特斯拉股票的决策时，建议考虑长期策略，而非短期事件</p>

<p>Electric carmaker <strong>Tesla</strong>(TSLA -1.13%) has had an eventful year, with its stock experiencing wild swings as investors try to factor in the struggles in the core EV business, the actions and comments of its controversial chief executive, and the excitement around future initiatives like robotaxis to determine a fair price for the stock.</p>
<div class="lb-trans"><p>电动汽车制造商 <strong>特斯拉</strong>(TSLA -1.13%) 经历了动荡的一年，其股票在投资者试图考虑核心电动车业务的困境、其有争议的首席执行官的言行以及围绕未来如机器人出租车等新举措的兴奋情绪时，股价经历了剧烈波动，以确定股票的合理价格。</p>
</div><p>Speaking of robotaxis, Bloomberg recently reported that Tesla plans to launch a small group of robotaxis in Austin, Texas, on June 12, the beginning of what Tesla asserts will eventually be a massive new business and stream of revenue. The event could also give investors information regarding how effective Tesla's self-driving technology is.</p>
<div class="lb-trans"><p>谈到机器人出租车，彭博社最近报道特斯拉计划于 6 月 12 日在德克萨斯州奥斯汀推出一小组机器人出租车，这标志着特斯拉声称将最终成为一项庞大新业务和收入来源的开始。该事件还可能为投资者提供有关特斯拉自动驾驶技术有效性的信息。</p>
</div><p>Should investors buy Tesla now in anticipation of the June 12 announcement?</p>
<div class="lb-trans"><p>投资者现在应该在 6 月 12 日公告前购买特斯拉吗？</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjAwNjYvc2VsZi1kcml2aW5nLTEtZ2V0dHkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F820066%2Fself-driving-1-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>What's the big deal with robotaxis?</h2>
<div class="lb-trans"><h2>机器人出租车有什么大不了的？</h2>
</div><p>Tesla's core EV business has struggled this year, with the company only reporting 337,000 deliveries in the first quarter of the year, the lowest level seen in over two years. Whether due to CEO Elon Musk's involvement with politics, which seems to have come to an end, or increased competition, sales have struggled. Recent reports don't indicate much improvement in the second quarter of the year. Further, Tesla stock still trades at an extremely high multiple.</p>
<div class="lb-trans"><p>特斯拉的核心电动车业务在今年遭遇了困难，公司在第一季度仅报告交付 337,000 辆，是两年来的最低水平。无论是由于首席执行官埃隆·马斯克与政治的牵连（似乎已经结束），还是由于竞争加剧，销售都面临挑战。最近的报告显示，第二季度的情况并没有太大改善。此外，特斯拉的股票仍以极高的倍数交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/1f808b2dd9ea0195a075fcc39645cbe9.png" alt="" original-src="https://media.ycharts.com/charts/1f808b2dd9ea0195a075fcc39645cbe9.png"/></p>
<p>Data by YCharts.</p>
<div class="lb-trans"><p>数据来源：YCharts。</p>
</div><p>The stock has been propelled by the company's future initiatives, which include the upcoming launch of cheaper EVs, robotaxis, and the Optimus humanoid robots that will supposedly be able to complete household chores. Robotaxis are the most exciting on tap, with the Austin launch reportedly just days away. According to media reports and analyst research reports, the Austin robotaxi launch will feature 10 to 20 Tesla Model Ys with human supervisors, and the vehicles will be geofenced, meaning they will only operate in certain areas of Austin.</p>
<div class="lb-trans"><p>该股票受到公司未来举措的推动，包括即将推出的更便宜的电动车、机器人出租车以及据称能够完成家务的 Optimus 人形机器人。机器人出租车是最令人兴奋的，奥斯汀的发布据说就在几天之内。根据媒体报道和分析师研究报告，奥斯汀的机器人出租车发布将包括 10 到 20 辆特斯拉 Model Y，配有人类监督员，车辆将被地理围栏限制，仅在奥斯汀的特定区域内运营。</p>
</div><p>However, Musk has also said there could be 1,000 units on the road within a few months. There are varying reports and data about how well Tesla's unsupervised full self-driving (FSD) technology works. Users have now tested FSD over billions of miles, and Tesla's management team claims FSD is safer than human driving.</p>
<div class="lb-trans"><p>然而，马斯克还表示，几个月内可能会有 1,000 辆在路上。关于特斯拉的无监督全自动驾驶 (FSD) 技术的有效性，存在不同的报告和数据。用户现在已经测试了 FSD 超过数十亿英里，特斯拉的管理团队声称 FSD 比人类驾驶更安全。</p>
</div><p>However, some have suggested that the FSD technology is not as strong as Musk claims. <strong>Morgan Stanley</strong> analyst Adam Jonas recently told investors in a research note, &#34;As is typical for highly anticipated Tesla events, we would keep expectations well contained for the (reported) June 12th Cybercab launch event in Austin.&#34;</p>
<div class="lb-trans"><p>然而，一些人认为 FSD 技术并不像马斯克所声称的那样强大。<strong>摩根士丹利</strong> 分析师亚当·乔纳斯最近在一份研究报告中告诉投资者：“正如特斯拉备受期待的事件通常所表现的那样，我们会对（报道的）6 月 12 日在奥斯汀的 Cybercab 发布活动保持谨慎的期望。”</p>
</div><p>If Tesla's FSD turns out to be a success, Musk has plans to eventually launch Tesla's own ride-hailing fleet. &#34;We have millions of cars that will be able to operate autonomously,&#34; Musk told CNBC a few weeks ago. &#34;And I should say that it's a combination of a Tesla-owned fleet and also enabling Tesla owners to be able to add or subtract their car to the fleet, so that existing Tesla owners will be able to earn money by adding their car to the fleet for autonomous use.&#34;</p>
<div class="lb-trans"><p>如果特斯拉的 FSD 最终取得成功，马斯克计划最终推出特斯拉自己的打车服务车队。“我们有数百万辆汽车能够自主运营，” 马斯克几周前对 CNBC 表示。“我应该说，这是一种特斯拉拥有的车队与允许特斯拉车主能够添加或移除他们的汽车到车队的结合，因此现有的特斯拉车主将能够通过将他们的汽车添加到车队中获得收入。”</p>
</div><h2>Should you buy the stock pre-Austin launch?</h2>
<div class="lb-trans"><h2>在奥斯汀发布前你应该购买股票吗？</h2>
</div><p>Investors will be watching the Austin debut closely to see if there are any mistakes by the FSD and how effective the technology is. I'm sure some analysts will soon have opportunities to try out the robotaxis. While the service could prove to be successful and generate tons of new revenue for the company, I still think investors are getting ahead of themselves. The technology may not be as strong as people think, and it remains unclear how quickly this business can scale.</p>
<div class="lb-trans"><p>投资者将密切关注奥斯汀的首次亮相，以查看 FSD 是否出现任何错误以及技术的有效性。我相信一些分析师很快就会有机会试用机器人出租车。虽然该服务可能证明成功并为公司带来大量新收入，但我仍然认为投资者有些过于乐观。技术可能没有人们想象的那么强大，而且尚不清楚这个业务能多快扩展。</p>
</div><p>With such a meteoric valuation, the market seems to already be baking in success of the robotaxis and other future initiatives like the Optimus robots. Long term, the odds of Tesla being a part of the robotaxi and autonomous driving wave remain high, but it is still early, and we don't know what the new autonomous driving sector will ultimately look like. For these reasons, I remain on the sidelines with investing in Tesla.</p>
<div class="lb-trans"><p>在如此高的估值下，市场似乎已经在考虑机器人出租车和其他未来举措（如 Optimus 机器人）的成功。从长远来看，特斯拉参与机器人出租车和自动驾驶浪潮的机会仍然很高，但现在仍然为时尚早，我们不知道新的自动驾驶领域最终会是什么样子。基于这些原因，我对投资特斯拉保持观望。</p>
</div><p>Whether you decide to go in on the stock before June 12, remember that a single event (in most cases) should not be the driving force behind any stock transaction. Foolish investing involves making buying and selling decisions based on the long-term thesis around a company rather than short-term events that could move a stock's price.</p>
<div class="lb-trans"><p>无论你决定在 6 月 12 日之前是否购买股票，请记住，单一事件（在大多数情况下）不应成为任何股票交易的驱动力。愚蠢的投资涉及基于公司长期理论而非可能影响股票价格的短期事件做出买卖决策。</p>
</div>

Should You Buy Tesla Stock Before June 12?

- 特斯拉计划于 6 月 12 日在德克萨斯州奥斯汀推出小规模机器人出租车。  
- 该公司第一季度交付量为 337,000 辆，创两年新低。  
- 投资者需谨慎，市场已对未来成功预期过高。  

在 6 月 12 日之前，你是否应该购买特斯拉的股票？