<p>在不断发展的竞争激烈的商业环境中，进行全面的公司分析对投资者和行业关注者至关重要。在本文中，我们将对汽车行业进行深入的行业比较，评估 <strong>特斯拉 (NASDAQ: TSLA)</strong> 及其主要竞争对手。通过仔细审查关键财务指标、市场定位和增长前景，我们旨在为投资者提供有价值的见解，并阐明公司在行业中的表现。</p>
<h3>特斯拉背景</h3>
<p>特斯拉是一家垂直整合的电池电动汽车制造商和现实世界人工智能软件开发商，涵盖自动驾驶和类人机器人。该公司拥有多款车型，包括豪华和中型轿车、跨界 SUV、一款轻型卡车和一款半挂卡车。特斯拉还计划开始销售一款跑车并提供机器人出租车服务。2024 年的全球交付量略低于 180 万辆。该公司还销售用于住宅和商业物业的固定储能电池，包括公用事业和太阳能电池板，以及用于能源生成的太阳能屋顶。特斯拉还拥有一个快速充电网络和一家汽车保险业务。</p>
<table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市净率 (P/B)</strong></th>
<th><strong>市销率 (P/S)</strong></th>
<th><strong>股本回报率 (ROE)</strong></th>
<th><strong>息税折旧摊销前利润 (EBITDA)（十亿美元）</strong></th>
<th><strong>毛利润（十亿美元）</strong></th>
<th><strong>收入增长</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>特斯拉</td>
<td>331.86</td>
<td>20.01</td>
<td>17.73</td>
<td>1.75%</td>
<td>$3.66</td>
<td>$5.05</td>
<td>11.57%</td>
</tr>
<tr>
<td>丰田汽车</td>
<td>9.65</td>
<td>1.19</td>
<td>0.90</td>
<td>2.54%</td>
<td>$1824.36</td>
<td>$1968.84</td>
<td>8.15%</td>
</tr>
<tr>
<td>通用汽车</td>
<td>15.72</td>
<td>1.16</td>
<td>0.44</td>
<td>1.95%</td>
<td>$5.74</td>
<td>$3.11</td>
<td>-0.34%</td>
</tr>
<tr>
<td>法拉利</td>
<td>35.92</td>
<td>15.13</td>
<td>8.13</td>
<td>10.42%</td>
<td>$0.67</td>
<td>$0.88</td>
<td>7.4%</td>
</tr>
<tr>
<td>福特汽车</td>
<td>11.51</td>
<td>1.13</td>
<td>0.29</td>
<td>5.29%</td>
<td>$3.67</td>
<td>$4.3</td>
<td>9.39%</td>
</tr>
<tr>
<td>理想汽车</td>
<td>15.70</td>
<td>1.67</td>
<td>0.89</td>
<td>-0.86%</td>
<td>$-0.71</td>
<td>$4.47</td>
<td>-36.17%</td>
</tr>
<tr>
<td>托尔工业</td>
<td>20.08</td>
<td>1.30</td>
<td>0.58</td>
<td>0.5%</td>
<td>$0.11</td>
<td>$0.32</td>
<td>11.5%</td>
</tr>
<tr>
<td>温尼贝戈工业</td>
<td>34.16</td>
<td>1</td>
<td>0.43</td>
<td>1.12%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>7.82%</td>
</tr>
<tr>
<td>工作马集团</td>
<td>0.07</td>
<td>1.48</td>
<td>0.35</td>
<td>-28.77%</td>
<td>$-0.01</td>
<td>$-0.01</td>
<td>-4.97%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>17.85</strong></td>
<td><strong>3.01</strong></td>
<td><strong>1.5</strong></td>
<td><strong>-0.98%</strong></td>
<td><strong>$229.23</strong></td>
<td><strong>$247.75</strong></td>
<td><strong>0.35%</strong></td>
</tr>
</tbody>
</table>
<p>通过对特斯拉的分析，我们可以推断出以下趋势：</p>
<ul>
<li>特斯拉的市盈率为 331.86，显著高于行业平均水平 18.59 倍，表明其相对于行业同行的溢价估值。</li>
</ul>
<ul>
<li>市净率为 20.01，较行业平均水平高出 6.65 倍，特斯拉在账面价值方面可能被视为高估，因为其交易倍数高于行业同行。</li>
</ul>
<ul>
<li>相对较高的市销率为 17.73，超过行业平均水平 11.82 倍，可能表明在销售表现方面存在高估的情况。</li>
</ul>
<ul>
<li>股本回报率（ROE）为 1.75%，高于行业平均水平 2.73%，突显了有效利用股本创造利润的能力。</li>
</ul>
<ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 36.6 亿美元，低于行业平均水平 0.02 倍。这可能表明盈利能力较低或面临财务挑战。</li>
</ul>
<ul>
<li>与行业相比，公司毛利润为 50.5 亿美元，低于行业平均水平 0.02 倍，可能表明在扣除生产成本后收入较低。</li>
</ul>
<ul>
<li>公司正经历显著的收入增长，增长率为 11.57%，超过行业平均水平 0.35%。</li>
</ul>
<h3>债务与股本比率</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766415633_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="债务与股本" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766415633_0.png"/></p>
<p>债务与股本比率（D/E）是一个衡量公司相对于其净资产价值所承担债务水平的指标。</p>
<p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
<p>在根据债务与股本比率比较特斯拉与其前四大同行时，可以观察到以下见解：</p>
<ul>
<li>在债务与股本比率方面，特斯拉展现出比其前四大同行更强的财务状况。</li>
</ul>
<ul>
<li>这表明公司在债务和股本之间保持了良好的平衡，债务与股本比率为 0.17，投资者可能会将其视为积极的因素。</li>
</ul>
<h3>关键要点</h3>
<p>对于特斯拉而言，市盈率、市净率和市销率均高于行业同行，表明高估。然而，特斯拉的高 ROE 表明相对于同行的强劲盈利能力。较低的 EBITDA 和毛利润数字可能引发对运营效率的担忧。另一方面，高收入增长率反映了特斯拉在汽车行业未来表现的积极前景。</p>
<p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>

特斯拉

<p>本文对特斯拉（NASDAQ:TSLA）与其在汽车行业的竞争对手进行了深入分析。重点考察了财务指标、市场定位和增长前景。特斯拉的高市盈率、市净率和市销率暗示其被高估，但其高净资产收益率表明盈利能力强。尽管 EBITDA 和毛利润较低，特斯拉的收入增长率显著高于行业平均水平。公司的有利债务与股本比率突显了其强大的财务状况。总体而言，这项分析为投资者提供了有价值的见解</p>

<p>In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing <strong>Tesla (NASDAQ: TSLA)</strong> alongside its primary competitors in the Automobiles industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim to offer valuable insights to investors and shed light on company's performance within the industry.</p>
<div class="lb-trans"><p>在不断发展的竞争激烈的商业环境中，进行全面的公司分析对投资者和行业关注者至关重要。在本文中，我们将对汽车行业进行深入的行业比较，评估 <strong>特斯拉 (NASDAQ: TSLA)</strong> 及其主要竞争对手。通过仔细审查关键财务指标、市场定位和增长前景，我们旨在为投资者提供有价值的见解，并阐明公司在行业中的表现。</p>
</div><h3>Tesla Background</h3>
<div class="lb-trans"><h3>特斯拉背景</h3>
</div><p>Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.</p>
<div class="lb-trans"><p>特斯拉是一家垂直整合的电池电动汽车制造商和现实世界人工智能软件开发商，涵盖自动驾驶和类人机器人。该公司拥有多款车型，包括豪华和中型轿车、跨界 SUV、一款轻型卡车和一款半挂卡车。特斯拉还计划开始销售一款跑车并提供机器人出租车服务。2024 年的全球交付量略低于 180 万辆。该公司还销售用于住宅和商业物业的固定储能电池，包括公用事业和太阳能电池板，以及用于能源生成的太阳能屋顶。特斯拉还拥有一个快速充电网络和一家汽车保险业务。</p>
</div><table>
<thead>
<tr>
<th><strong>Company</strong></th>
<th><strong>P/E</strong></th>
<th><strong>P/B</strong></th>
<th><strong>P/S</strong></th>
<th><strong>ROE</strong></th>
<th><strong>EBITDA (in billions)</strong></th>
<th><strong>Gross Profit (in billions)</strong></th>
<th><strong>Revenue Growth</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>Tesla Inc</td>
<td>331.86</td>
<td>20.01</td>
<td>17.73</td>
<td>1.75%</td>
<td>$3.66</td>
<td>$5.05</td>
<td>11.57%</td>
</tr>
<tr>
<td>Toyota Motor Corp</td>
<td>9.65</td>
<td>1.19</td>
<td>0.90</td>
<td>2.54%</td>
<td>$1824.36</td>
<td>$1968.84</td>
<td>8.15%</td>
</tr>
<tr>
<td>General Motors Co</td>
<td>15.72</td>
<td>1.16</td>
<td>0.44</td>
<td>1.95%</td>
<td>$5.74</td>
<td>$3.11</td>
<td>-0.34%</td>
</tr>
<tr>
<td>Ferrari NV</td>
<td>35.92</td>
<td>15.13</td>
<td>8.13</td>
<td>10.42%</td>
<td>$0.67</td>
<td>$0.88</td>
<td>7.4%</td>
</tr>
<tr>
<td>Ford Motor Co</td>
<td>11.51</td>
<td>1.13</td>
<td>0.29</td>
<td>5.29%</td>
<td>$3.67</td>
<td>$4.3</td>
<td>9.39%</td>
</tr>
<tr>
<td>Li Auto Inc</td>
<td>15.70</td>
<td>1.67</td>
<td>0.89</td>
<td>-0.86%</td>
<td>$-0.71</td>
<td>$4.47</td>
<td>-36.17%</td>
</tr>
<tr>
<td>Thor Industries Inc</td>
<td>20.08</td>
<td>1.30</td>
<td>0.58</td>
<td>0.5%</td>
<td>$0.11</td>
<td>$0.32</td>
<td>11.5%</td>
</tr>
<tr>
<td>Winnebago Industries Inc</td>
<td>34.16</td>
<td>1</td>
<td>0.43</td>
<td>1.12%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>7.82%</td>
</tr>
<tr>
<td>Workhorse Group Inc</td>
<td>0.07</td>
<td>1.48</td>
<td>0.35</td>
<td>-28.77%</td>
<td>$-0.01</td>
<td>$-0.01</td>
<td>-4.97%</td>
</tr>
<tr>
<td><strong>Average</strong></td>
<td><strong>17.85</strong></td>
<td><strong>3.01</strong></td>
<td><strong>1.5</strong></td>
<td><strong>-0.98%</strong></td>
<td><strong>$229.23</strong></td>
<td><strong>$247.75</strong></td>
<td><strong>0.35%</strong></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市净率 (P/B)</strong></th>
<th><strong>市销率 (P/S)</strong></th>
<th><strong>股本回报率 (ROE)</strong></th>
<th><strong>息税折旧摊销前利润 (EBITDA)（十亿美元）</strong></th>
<th><strong>毛利润（十亿美元）</strong></th>
<th><strong>收入增长</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>特斯拉</td>
<td>331.86</td>
<td>20.01</td>
<td>17.73</td>
<td>1.75%</td>
<td>$3.66</td>
<td>$5.05</td>
<td>11.57%</td>
</tr>
<tr>
<td>丰田汽车</td>
<td>9.65</td>
<td>1.19</td>
<td>0.90</td>
<td>2.54%</td>
<td>$1824.36</td>
<td>$1968.84</td>
<td>8.15%</td>
</tr>
<tr>
<td>通用汽车</td>
<td>15.72</td>
<td>1.16</td>
<td>0.44</td>
<td>1.95%</td>
<td>$5.74</td>
<td>$3.11</td>
<td>-0.34%</td>
</tr>
<tr>
<td>法拉利</td>
<td>35.92</td>
<td>15.13</td>
<td>8.13</td>
<td>10.42%</td>
<td>$0.67</td>
<td>$0.88</td>
<td>7.4%</td>
</tr>
<tr>
<td>福特汽车</td>
<td>11.51</td>
<td>1.13</td>
<td>0.29</td>
<td>5.29%</td>
<td>$3.67</td>
<td>$4.3</td>
<td>9.39%</td>
</tr>
<tr>
<td>理想汽车</td>
<td>15.70</td>
<td>1.67</td>
<td>0.89</td>
<td>-0.86%</td>
<td>$-0.71</td>
<td>$4.47</td>
<td>-36.17%</td>
</tr>
<tr>
<td>托尔工业</td>
<td>20.08</td>
<td>1.30</td>
<td>0.58</td>
<td>0.5%</td>
<td>$0.11</td>
<td>$0.32</td>
<td>11.5%</td>
</tr>
<tr>
<td>温尼贝戈工业</td>
<td>34.16</td>
<td>1</td>
<td>0.43</td>
<td>1.12%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>7.82%</td>
</tr>
<tr>
<td>工作马集团</td>
<td>0.07</td>
<td>1.48</td>
<td>0.35</td>
<td>-28.77%</td>
<td>$-0.01</td>
<td>$-0.01</td>
<td>-4.97%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>17.85</strong></td>
<td><strong>3.01</strong></td>
<td><strong>1.5</strong></td>
<td><strong>-0.98%</strong></td>
<td><strong>$229.23</strong></td>
<td><strong>$247.75</strong></td>
<td><strong>0.35%</strong></td>
</tr>
</tbody>
</table>
</div><p>Through an analysis of Tesla, we can infer the following trends:</p>
<div class="lb-trans"><p>通过对特斯拉的分析，我们可以推断出以下趋势：</p>
</div><ul>
<li>At 331.86, the stock's Price to Earnings ratio significantly exceeds the industry average by 18.59x, suggesting a premium valuation relative to industry peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>特斯拉的市盈率为 331.86，显著高于行业平均水平 18.59 倍，表明其相对于行业同行的溢价估值。</li>
</ul>
</div><ul>
<li>With a Price to Book ratio of 20.01, which is 6.65x the industry average, Tesla might be considered overvalued in terms of its book value, as it is trading at a higher multiple compared to its industry peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>市净率为 20.01，较行业平均水平高出 6.65 倍，特斯拉在账面价值方面可能被视为高估，因为其交易倍数高于行业同行。</li>
</ul>
</div><ul>
<li>The stock's relatively high Price to Sales ratio of 17.73, surpassing the industry average by 11.82x, may indicate an aspect of overvaluation in terms of sales performance.</li>
</ul>
<div class="lb-trans"><ul>
<li>相对较高的市销率为 17.73，超过行业平均水平 11.82 倍，可能表明在销售表现方面存在高估的情况。</li>
</ul>
</div><ul>
<li>The Return on Equity (ROE) of 1.75% is 2.73% above the industry average, highlighting efficient use of equity to generate profits.</li>
</ul>
<div class="lb-trans"><ul>
<li>股本回报率（ROE）为 1.75%，高于行业平均水平 2.73%，突显了有效利用股本创造利润的能力。</li>
</ul>
</div><ul>
<li>The company has lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $3.66 Billion, which is 0.02x below the industry average. This potentially indicates lower profitability or financial challenges.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 36.6 亿美元，低于行业平均水平 0.02 倍。这可能表明盈利能力较低或面临财务挑战。</li>
</ul>
</div><ul>
<li>Compared to its industry, the company has lower gross profit of $5.05 Billion, which indicates 0.02x below the industry average, potentially indicating lower revenue after accounting for production costs.</li>
</ul>
<div class="lb-trans"><ul>
<li>与行业相比，公司毛利润为 50.5 亿美元，低于行业平均水平 0.02 倍，可能表明在扣除生产成本后收入较低。</li>
</ul>
</div><ul>
<li>The company is experiencing remarkable revenue growth, with a rate of 11.57%, outperforming the industry average of 0.35%.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司正经历显著的收入增长，增长率为 11.57%，超过行业平均水平 0.35%。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>债务与股本比率</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766415633_0.png" alt="debt to equity" original-src="https://www.benzinga.com/files/images/story/2025/1766415633_0.png"/></p>
<p>The debt-to-equity (D/E) ratio is a measure that indicates the level of debt a company has taken on relative to the value of its assets net of liabilities.</p>
<div class="lb-trans"><p>债务与股本比率（D/E）是一个衡量公司相对于其净资产价值所承担债务水平的指标。</p>
</div><p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p>
<div class="lb-trans"><p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
</div><p>When comparing Tesla with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:</p>
<div class="lb-trans"><p>在根据债务与股本比率比较特斯拉与其前四大同行时，可以观察到以下见解：</p>
</div><ul>
<li>When considering the debt-to-equity ratio, Tesla exhibits a stronger financial position compared to its top 4 peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>在债务与股本比率方面，特斯拉展现出比其前四大同行更强的财务状况。</li>
</ul>
</div><ul>
<li>This indicates that the company has a favorable balance between debt and equity, with a lower debt-to-equity ratio of 0.17, which can be perceived as a positive aspect by investors.</li>
</ul>
<div class="lb-trans"><ul>
<li>这表明公司在债务和股本之间保持了良好的平衡，债务与股本比率为 0.17，投资者可能会将其视为积极的因素。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>关键要点</h3>
</div><p>For Tesla, the PE, PB, and PS ratios are all high compared to industry peers, indicating overvaluation. However, Tesla's high ROE suggests strong profitability relative to its peers. The low EBITDA and gross profit numbers may raise concerns about operational efficiency. On the other hand, the high revenue growth rate reflects a positive outlook for Tesla's future performance in the Automobiles industry.</p>
<div class="lb-trans"><p>对于特斯拉而言，市盈率、市净率和市销率均高于行业同行，表明高估。然而，特斯拉的高 ROE 表明相对于同行的强劲盈利能力。较低的 EBITDA 和毛利润数字可能引发对运营效率的担忧。另一方面，高收入增长率反映了特斯拉在汽车行业未来表现的积极前景。</p>
</div><p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>
<div class="lb-trans"><p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>
</div>

Analyzing Tesla In Comparison To Competitors In Automobiles Industry

- 特斯拉的市盈率和市净率均大幅高于行业平均水平，显示出高估现象。  
- 尽管特斯拉的净资产回报率较高，但其 EBITDA 和毛利低于行业平均，可能存在运营效率问题。  
- 特斯拉的收入增长率强劲，预示未来在汽车行业的良好前景。

分析特斯拉在汽车行业中与竞争对手的比较