<p>唐纳德·特朗普与埃隆·马斯克在一场激烈的交锋中公开对峙，几乎达到了全面的政治和个人破裂。特斯拉的股票在一天内暴跌 14%，市值蒸发了 1530 亿美元。</p><p>下图显示了特斯拉股票的实时表现，以及两者之间日益加剧的争执。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2025/9eb61be79ce0ba3925ade59e17c95e45?x-oss-process=style/lg" alt="" width="1200" height="675" original-src="https://pub.pbkrs.com/uploads/2025/9eb61be79ce0ba3925ade59e17c95e45"/></figure><p>这一冲突始于特朗普的 “伟大美丽法案”，这是一项全面的财政提案，如果通过，将在未来几年内使美国联邦赤字增加数万亿。而马斯克提出的 “政府效率部” 则旨在节省仅几百亿——这一努力不仅在对比中显得徒劳无功，还损害了马斯克和特斯拉的声誉。如果该法案通过，马斯克的努力可能会被视为笑话，而声誉损失可能是不可逆转的。</p><p>随着紧张局势升级，特朗普威胁称，削减政府开支的最简单方法就是终止与马斯克公司之间的合同和补贴。他进一步嘲讽电动车，声称 “没有人想买它们”，并自夸是他将马斯克赶出了白宫圈子。</p><p>马斯克强烈反击，首先指责特朗普忘恩负义，并警告称 “伟大美丽法案” 将使美国破产。他质疑特朗普为何针对绿色能源，而对石油和天然气补贴却不加以干预。随后，他建议特朗普应该被弹劾，并由副总统范斯接替。最后，马斯克抛出了一个重磅炸弹：杰弗里·爱泼斯坦的客户名单之所以没有公开，是因为特朗普在其中。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2025/41effad6a6a59b60cf06af9837d0b59a?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/uploads/2025/41effad6a6a59b60cf06af9837d0b59a"/></figure><p>在目睹了 “特朗普与马斯克” 的爆炸性戏剧后，投资者别无选择，只能重返市场。</p><p><strong>特斯拉现在是个便宜货，还是比以往更具风险？</strong></p><p>特朗普当选后，特斯拉的股票曾大幅上涨——这是一场自然的蜜月反弹。但特斯拉的基本面正在恶化。马斯克的 “DOGE” 削减成本计划涉及大规模裁员和削减开支，严重损害了马斯克和特斯拉的公众形象。对公司的反对声在欧洲和美国愈演愈烈。</p><p>最新数据显示，特斯拉在主要欧洲市场的销量几乎减半。尽管中国未受 DOGE 影响，但来自比亚迪和其他电动车初创公司的激烈竞争正在逼近。比亚迪已经超越特斯拉，成为全球销量最高的电动车品牌。马斯克对机器人出租车、Optimus 人形机器人和能源存储的雄心壮志仍需数年才能实现盈利。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2025/982d1039c8d57bf294ed2f1bde10ad7d?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/uploads/2025/982d1039c8d57bf294ed2f1bde10ad7d"/></figure><p><strong>华尔街分析师转向强烈看空</strong></p><p>“这真是愚蠢。处于那个位置的人不应该像个孩子一样行事，” 凤凰金融服务公司的首席市场分析师韦恩·考夫曼说。“特斯拉和马斯克是不可分割的——其估值直接与他的形象挂钩。如果特斯拉真的有深厚的内在价值，就不会如此剧烈崩溃。它一直是一个投机性赌注，从未基于基本面交易。”</p><p>财富管理公司 Gerber Kawasaki 的首席执行官罗斯·格伯补充道：“显然，马斯克和特朗普不再一致——这种不确定性正是导致抛售的原因。如果真要打起来，特朗普会赢。现在买入是一场赌博。是的，股票下跌可能导致更合理的估值，但我不能良心上说它便宜。”</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2025/74e2260c7c8b69e96f77e47af7deb0af?x-oss-process=style/lg" alt="" width="1720" height="882" original-src="https://pub.pbkrs.com/uploads/2025/74e2260c7c8b69e96f77e47af7deb0af"/></figure><p>“这对马斯克来说是个灾难，远远超出了任何理性商人的行为。我无法相信他竟然把特朗普变成了敌人，” 格伯继续说道。“特斯拉董事会没有采取任何措施来保护股东。保护自己的唯一方法就是卖出——我今天卖了一些特斯拉股票。我们已经卖了好几年，还会继续卖。”</p><p>Roundhill Financial 的首席执行官戴夫·马扎指出：“特斯拉的短期前景显然是看空的。这场冲突增加了不必要的复杂性。之前，投资者愿意忽视销量下滑，以期待机器人出租车的承诺。现在，马斯克和机器人出租车都受到攻击，这种 ‘梦想溢价’ 正在崩溃——这 14% 的下跌证明了这一点。”</p><p><strong>美国政府与马斯克的分裂将产生双重影响</strong></p><p>当然，与马斯克的全面决裂也会伤害美国。彭博经济学首席经济学家汤姆·奥尔里克表示，对马斯克公司的打压可能会危及美国的全球技术领导地位。马斯克的企业在多个领域为美国提供了战略优势。放弃它们将是巨大的损失。</p>

2 倍做空特斯拉 ETF - GraniteShares

2 倍做多特斯拉 ETF - Direxion

2 倍做空特斯拉 ETF - Tradr

XI二南特斯-U

南方两倍做多特斯拉

南方两倍做空特斯拉

2 倍做多 TSLA ETF - GraniteShares

<p>唐纳德·特朗普与埃隆·马斯克的公开争执导致特斯拉股价下跌 14%，市值蒸发 1530 亿美元。特朗普提出的财政计划威胁到马斯克的声誉，而马斯克的回应则包括对特朗普的指控。分析师们表达了看跌情绪，指出马斯克的领导能力的不确定性以及特斯拉销售下滑。冲突引发了人们对如果马斯克的公司面临政府反击，将对美国科技领导地位产生影响的担忧。投资者对特斯拉是一个便宜的投资还是更具风险的投资感到困惑</p>

<p>Donald Trump and Elon Musk publicly clashed in a bitter exchange, nearly reaching full-blown political and personal rupture. Tesla’s stock plummeted 14% in a single day, wiping out $153 billion in market value.</p>
<div class="lb-trans"><p>唐纳德·特朗普与埃隆·马斯克在一场激烈的交锋中公开对峙，几乎达到了全面的政治和个人破裂。特斯拉的股票在一天内暴跌 14%，市值蒸发了 1530 亿美元。</p>
</div><p>The chart below shows Tesla’s stock performance in real-time alongside the intensifying feud between the two.</p>
<div class="lb-trans"><p>下图显示了特斯拉股票的实时表现，以及两者之间日益加剧的争执。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.ainvest.com/articles/focusnews/coverimage/content/screenshots_05950ab71749173098971.png" alt="" original-src="https://cdn.ainvest.com/articles/focusnews/coverimage/content/screenshots_05950ab71749173098971.png"/></p>
<p>The fallout began with Trump’s “Great Beautiful Act,” a sweeping fiscal proposal that, if passed, would increase the U.S. federal deficit by trillions over the coming years. Meanwhile, Musk’s proposed “Department of Government Efficiency” had aimed to save only a few hundred billion—an effort that not only appeared futile in contrast but also damaged both Musk’s and Tesla’s reputations. If the bill passes, Musk’s efforts risk being seen as a joke, while the reputational loss could be irreversible.</p>
<div class="lb-trans"><p>这一冲突始于特朗普的 “伟大美丽法案”，这是一项全面的财政提案，如果通过，将在未来几年内使美国联邦赤字增加数万亿。而马斯克提出的 “政府效率部” 则旨在节省仅几百亿——这一努力不仅在对比中显得徒劳无功，还损害了马斯克和特斯拉的声誉。如果该法案通过，马斯克的努力可能会被视为笑话，而声誉损失可能是不可逆转的。</p>
</div><p>As tensions escalated, Trump threatened that the easiest way to cut government spending would be to terminate contracts and subsidies with Musk’s companies. He further mocked electric vehicles, claiming “no one wants to buy them,” and bragged that it was he who forced Musk out of the White House circle.</p>
<div class="lb-trans"><p>随着紧张局势升级，特朗普威胁称，削减政府开支的最简单方法就是终止与马斯克公司之间的合同和补贴。他进一步嘲讽电动车，声称 “没有人想买它们”，并自夸是他将马斯克赶出了白宫圈子。</p>
</div><p>Musk hit back fiercely, first accusing Trump of being ungrateful and warning that the “Great Beautiful Act” would bankrupt America. He questioned why Trump targeted green energy while sparing oil and gas subsidies. He then suggested Trump should be impeached and replaced by Vice President Vance. Finally, Musk dropped a bombshell: the reason Jeffrey Epstein’s client list hasn’t been made public is because Trump is on it.</p>
<div class="lb-trans"><p>马斯克强烈反击，首先指责特朗普忘恩负义，并警告称 “伟大美丽法案” 将使美国破产。他质疑特朗普为何针对绿色能源，而对石油和天然气补贴却不加以干预。随后，他建议特朗普应该被弹劾，并由副总统范斯接替。最后，马斯克抛出了一个重磅炸弹：杰弗里·爱泼斯坦的客户名单之所以没有公开，是因为特朗普在其中。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.ainvest.com/articles/focusnews/coverimage/content/89744904_3fd687791749173535503.jpg" alt="" original-src="https://cdn.ainvest.com/articles/focusnews/coverimage/content/89744904_3fd687791749173535503.jpg"/></p>
<p>After witnessing the explosive “Trump vs. Musk” drama, investors had no choice but to return to the markets.</p>
<div class="lb-trans"><p>在目睹了 “特朗普与马斯克” 的爆炸性戏剧后，投资者别无选择，只能重返市场。</p>
</div><p><strong>Is Tesla Now a Bargain — or Just Riskier Than Ever?</strong></p>
<div class="lb-trans"><p><strong>特斯拉现在是个便宜货，还是比以往更具风险？</strong></p>
</div><p>Tesla shares had surged after Trump’s election—a natural honeymoon rally. But Tesla’s underlying fundamentals have been weakening. Musk’s “DOGE” cost-cutting initiative, which involved massive layoffs and spending cuts, has tanked the public image of both Musk and tesla. A backlash against the company has erupted across Europe and the U.S.</p>
<div class="lb-trans"><p>特朗普当选后，特斯拉的股票曾大幅上涨——这是一场自然的蜜月反弹。但特斯拉的基本面正在恶化。马斯克的 “DOGE” 削减成本计划涉及大规模裁员和削减开支，严重损害了马斯克和特斯拉的公众形象。对公司的反对声在欧洲和美国愈演愈烈。</p>
</div><p>Latest data shows Tesla sales in major European markets have nearly halved. While China remains unaffected by DOGE, fierce competition from BYD and other EV startups is closing in. BYD has overtaken Tesla to become the world’s top-selling EV brand. Musk’s ambitious visions for robotaxis, the Optimus humanoid robot, and energy storage still require years before becoming profitable.</p>
<div class="lb-trans"><p>最新数据显示，特斯拉在主要欧洲市场的销量几乎减半。尽管中国未受 DOGE 影响，但来自比亚迪和其他电动车初创公司的激烈竞争正在逼近。比亚迪已经超越特斯拉，成为全球销量最高的电动车品牌。马斯克对机器人出租车、Optimus 人形机器人和能源存储的雄心壮志仍需数年才能实现盈利。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.ainvest.com/articles/focusnews/coverimage/content/elon-musk-doge_9e6404681749173900562.jpg" alt="" original-src="https://cdn.ainvest.com/articles/focusnews/coverimage/content/elon-musk-doge_9e6404681749173900562.jpg"/></p>
<p><strong>Wall Street Analysts Turn Sharply Bearish</strong></p>
<div class="lb-trans"><p><strong>华尔街分析师转向强烈看空</strong></p>
</div><p>“This is just stupid. Someone in that position shouldn’t act like a child,” said Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services. “Tesla and Musk are inseparable—its valuation is directly tied to his image. If Tesla really had deep intrinsic value, it wouldn’t collapse this hard. It’s always been a speculative bet, never traded on fundamentals.”</p>
<div class="lb-trans"><p>“这真是愚蠢。处于那个位置的人不应该像个孩子一样行事，” 凤凰金融服务公司的首席市场分析师韦恩·考夫曼说。“特斯拉和马斯克是不可分割的——其估值直接与他的形象挂钩。如果特斯拉真的有深厚的内在价值，就不会如此剧烈崩溃。它一直是一个投机性赌注，从未基于基本面交易。”</p>
</div><p>Ross Gerber, CEO of wealth management firm Gerber Kawasaki, added: “It’s clear that Musk and Trump are no longer aligned—this uncertainty is what’s driving the selloff. If it comes down to a fight, Trump will win. Buying in now is a gamble. Yes, the falling stock could lead to a more reasonable valuation, but I can’t in good conscience say it’s cheap.”</p>
<div class="lb-trans"><p>财富管理公司 Gerber Kawasaki 的首席执行官罗斯·格伯补充道：“显然，马斯克和特朗普不再一致——这种不确定性正是导致抛售的原因。如果真要打起来，特朗普会赢。现在买入是一场赌博。是的，股票下跌可能导致更合理的估值，但我不能良心上说它便宜。”</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.ainvest.com/articles/focusnews/coverimage/content/3749ff7b1c5811481a0594ce3307b15f_1720_882_407a947d1749173809766.jpg" alt="" original-src="https://cdn.ainvest.com/articles/focusnews/coverimage/content/3749ff7b1c5811481a0594ce3307b15f_1720_882_407a947d1749173809766.jpg"/></p>
<p>“This is a disaster for Musk, far beyond what any rational businessman would do. I can’t believe he just turned Trump into an enemy,” Gerber continued. “The Tesla board is doing nothing to protect shareholders. The only way to protect yourself is to sell—I sold some Tesla stock today. We’ve been sellers for years and will keep selling.”</p>
<div class="lb-trans"><p>“这对马斯克来说是个灾难，远远超出了任何理性商人的行为。我无法相信他竟然把特朗普变成了敌人，” 格伯继续说道。“特斯拉董事会没有采取任何措施来保护股东。保护自己的唯一方法就是卖出——我今天卖了一些特斯拉股票。我们已经卖了好几年，还会继续卖。”</p>
</div><p>Dave Mazza, CEO of Roundhill Financial, noted: “Short-term outlook for Tesla is clearly bearish. This conflict adds unnecessary complexity. Previously, investors were willing to overlook falling sales for the promise of robotaxis. Now, with both Musk and robotaxis under attack, that ‘dream premium’ is collapsing—this 14% drop proves it.”</p>
<div class="lb-trans"><p>Roundhill Financial 的首席执行官戴夫·马扎指出：“特斯拉的短期前景显然是看空的。这场冲突增加了不必要的复杂性。之前，投资者愿意忽视销量下滑，以期待机器人出租车的承诺。现在，马斯克和机器人出租车都受到攻击，这种 ‘梦想溢价’ 正在崩溃——这 14% 的下跌证明了这一点。”</p>
</div><p><strong>A U.S. Government–Musk Split Would Cut Both Ways</strong></p>
<div class="lb-trans"><p><strong>美国政府与马斯克的分裂将产生双重影响</strong></p>
</div><p>Of course, a total fallout with Musk would hurt the U.S. too. Tom Orlik, Chief Economist at Bloomberg Economics, said that a crackdown on Musk’s companies could jeopardize America’s global technological leadership. Musk’s enterprises give the U.S. a strategic edge across multiple fields. Abandoning them would be an enormous loss.</p>
<div class="lb-trans"><p>当然，与马斯克的全面决裂也会伤害美国。彭博经济学首席经济学家汤姆·奥尔里克表示，对马斯克公司的打压可能会危及美国的全球技术领导地位。马斯克的企业在多个领域为美国提供了战略优势。放弃它们将是巨大的损失。</p>
</div>

Trump-Musk fallout, Tesla Plunges—Buy the Dip or Run Away?

- 特朗普与马斯克公开冲突，特斯拉股价一天内暴跌 14%。  
- 特朗普的财政提案可能导致美国赤字大幅增加，马斯克的提案则显得无力。  
- 分析师对特斯拉前景持悲观态度，认为冲突加剧了市场不确定性。  

特朗普与马斯克的影响，特斯拉股价暴跌——应该抄底还是避开？