<p>儘管基於市盈率指標，<strong>特斯拉公司</strong> TSLA 的股票被認為被高估，但其首席執行官 <strong>埃隆·馬斯克</strong> 仍為公司的增長辯護，稱其股價反映了公司的成功，淡化了專家們對這家汽車製造商的基本面擔憂。</p>
<p><strong>發生了什麼：</strong> 在週一的卡塔爾經濟論壇上，馬斯克強調，特斯拉的股價是其業務成功的衡量標準。</p>
<p>“如果你想要最好的內部信息，可以看看股價，” 他在一份雅虎財經的報道中説道。</p>
<p>“股票市場分析師有這個信息，如果股票沒有處於良好狀態，它不會接近歷史最高點。它們很好，別擔心。”</p>
<p>根據 Benzinga Pro 的數據，特斯拉的股票交易價格幾乎是其 2026 年收益的 158.730 倍。同時，其同行的平均前瞻市盈率為 25.75 倍，這意味着特斯拉的價格比行業平均水平貴了 6.16 倍。</p>
<p>然而，<strong>戈登·約翰遜</strong>，GLJ Research 的首席執行官兼創始人，用例子反駁了馬斯克的説法。在一條 X 帖子中，他強調：“如果：高股價 = 良好的基本面，那麼 WorldComm + HealthSouth + Enron + Tyco + 等等就不會破產。”</p>
<p>他解釋説，股價只是股票需求的反映，可能受到首席執行官評論和華爾街分析師的操控等因素的影響。</p>
<p>約翰遜進一步抨擊美聯儲和財政部長 <strong>斯科特·貝森特</strong>，表示美聯儲通過印鈔購買國債也是人為製造股票需求的原因。</p>
<p>“如果美聯儲立即撤回因 COVID 而印刷的所有貨幣，我們將迅速在股票中實現真實的價格發現，” 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 億美元，未能達到華爾街共識預期的 213.5 億美元，其每股收益同比下降 40%，降至 27 美分，低於 31 美分的共識。</p>
<p><strong>為什麼這很重要：</strong> 與其行業的一些同行相比，特斯拉的市盈率在同行中最高。</p>
<p>然而，與 “七大奇蹟” 股票的前瞻市盈率相比，特斯拉的股票仍然是最昂貴的，前瞻市盈率在行業平均水平中最高。</p>
<p>TSLA 股票年初至今下跌 9.35%，但在過去一個月中回升了 51.13%。年內股價上漲 84.26%。週二收盤下跌 0.51%，盤後上漲 0.015%，週三上漲 0.46%。</p>
<p><strong>Benzinga Edge 股票排名</strong> 顯示，特斯拉在短期、中期和長期內的價格趨勢較強。其動量排名穩固，但價值排名較差，位於 8.57 百分位。其他指標的詳細信息可在此處查看。</p>
<p><strong>SPDR 標普 500 ETF 信託</strong> SPY 和 <strong>Invesco QQQ 信託 ETF</strong> QQQ，分別跟蹤標普 500 指數和納斯達克 100 指數，週三盤前下跌。根據 Benzinga Pro 數據，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 的新比特幣會計標準將推動 “財務波動”，使收益 “波動”，專家在訴訟影響策略後表示</strong></li>
</ul>
<p><em>圖片來源於 Shutterstock</em></p>

特斯拉

<p>特斯拉的股票目前估值為其預計 2026 年收益的 158.73 倍，比其行業同行貴出 6.16 倍。首席執行官埃隆·馬斯克為這一估值辯護，表示股票價格反映了商業成功。然而，GLJ Research 的戈登·約翰遜則認為，高股票價格並不保證強勁的基本面，他引用了恩龍等公司的破產案例。特斯拉的收入同比下降了 9%，未能達到預期，其股票今年表現不一。儘管價格趨勢強勁，但其價值排名仍然較低</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>儘管基於市盈率指標，<strong>特斯拉公司</strong> TSLA 的股票被認為被高估，但其首席執行官 <strong>埃隆·馬斯克</strong> 仍為公司的增長辯護，稱其股價反映了公司的成功，淡化了專家們對這家汽車製造商的基本面擔憂。</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>發生了什麼：</strong> 在週一的卡塔爾經濟論壇上，馬斯克強調，特斯拉的股價是其業務成功的衡量標準。</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>“如果你想要最好的內部信息，可以看看股價，” 他在一份雅虎財經的報道中説道。</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>“股票市場分析師有這個信息，如果股票沒有處於良好狀態，它不會接近歷史最高點。它們很好，別擔心。”</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>根據 Benzinga Pro 的數據，特斯拉的股票交易價格幾乎是其 2026 年收益的 158.730 倍。同時，其同行的平均前瞻市盈率為 25.75 倍，這意味着特斯拉的價格比行業平均水平貴了 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·約翰遜</strong>，GLJ Research 的首席執行官兼創始人，用例子反駁了馬斯克的説法。在一條 X 帖子中，他強調：“如果：高股價 = 良好的基本面，那麼 WorldComm + HealthSouth + Enron + Tyco + 等等就不會破產。”</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>他解釋説，股價只是股票需求的反映，可能受到首席執行官評論和華爾街分析師的操控等因素的影響。</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>約翰遜進一步抨擊美聯儲和財政部長 <strong>斯科特·貝森特</strong>，表示美聯儲通過印鈔購買國債也是人為製造股票需求的原因。</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>“如果美聯儲立即撤回因 COVID 而印刷的所有貨幣，我們將迅速在股票中實現真實的價格發現，” 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 億美元，未能達到華爾街共識預期的 213.5 億美元，其每股收益同比下降 40%，降至 27 美分，低於 31 美分的共識。</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>為什麼這很重要：</strong> 與其行業的一些同行相比，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，與 “七大奇蹟” 股票的前瞻市盈率相比，特斯拉的股票仍然是最昂貴的，前瞻市盈率在行業平均水平中最高。</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%，但在過去一個月中回升了 51.13%。年內股價上漲 84.26%。週二收盤下跌 0.51%，盤後上漲 0.015%，週三上漲 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> 顯示，特斯拉在短期、中期和長期內的價格趨勢較強。其動量排名穩固，但價值排名較差，位於 8.57 百分位。其他指標的詳細信息可在此處查看。</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 標普 500 ETF 信託</strong> SPY 和 <strong>Invesco QQQ 信託 ETF</strong> QQQ，分別跟蹤標普 500 指數和納斯達克 100 指數，週三盤前下跌。根據 Benzinga Pro 數據，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 的新比特幣會計標準將推動 “財務波動”，使收益 “波動”，專家在訴訟影響策略後表示</strong></li>
</ul>
</div><p><em>Image Via Shutterstock</em></p>
<div class="lb-trans"><p><em>圖片來源於 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·馬斯克在卡塔爾經濟論壇上捍衞公司股價。  
- 特斯拉股價的市盈率為 158.73，遠高於同行業平均的 25.75。  
- 特斯拉第一季度營收同比下降 9%，未達市場預期。  

特斯拉的價格是其同行的 6 倍，是 Mag 7 股票中估值最高的：戈登·約翰遜對其基本面提出質疑，而埃隆·馬斯克則對這些擔憂不屑一顧