<p>在不斷發展的競爭激烈的商業環境中，進行全面的公司分析對投資者和行業關注者至關重要。在本文中，我們將對汽車行業進行深入的行業比較，評估 <strong>特斯拉 (NASDAQ: TSLA)</strong> 及其主要競爭對手。通過仔細審查關鍵財務指標、市場定位和增長前景，我們旨在為投資者提供有價值的見解，並闡明公司在行業中的表現。</p>
<h3>特斯拉背景</h3>
<p>特斯拉是一家垂直整合的電池電動汽車製造商和現實世界人工智能軟件開發商，涵蓋自動駕駛和類人機器人。該公司擁有多款車型，包括豪華和中型轎車、跨界 SUV、一款輕型卡車和一款半掛卡車。特斯拉還計劃開始銷售一款跑車並提供機器人出租車服務。2024 年的全球交付量略低於 180 萬輛。該公司還銷售用於住宅和商業物業的固定儲能電池，包括公用事業和太陽能電池板，以及用於能源生成的太陽能屋頂。特斯拉還擁有一個快速充電網絡和一家汽車保險業務。</p>
<table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市淨率 (P/B)</strong></th>
<th><strong>市銷率 (P/S)</strong></th>
<th><strong>股本回報率 (ROE)</strong></th>
<th><strong>息税折舊攤銷前利潤 (EBITDA)（十億美元）</strong></th>
<th><strong>毛利潤（十億美元）</strong></th>
<th><strong>收入增長</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>豐田汽車</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>通用汽車</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>福特汽車</td>
<td>11.51</td>
<td>1.13</td>
<td>0.29</td>
<td>5.29%</td>
<td>$3.67</td>
<td>$4.3</td>
<td>9.39%</td>
</tr>
<tr>
<td>理想汽車</td>
<td>15.70</td>
<td>1.67</td>
<td>0.89</td>
<td>-0.86%</td>
<td>$-0.71</td>
<td>$4.47</td>
<td>-36.17%</td>
</tr>
<tr>
<td>托爾工業</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>温尼貝戈工業</td>
<td>34.16</td>
<td>1</td>
<td>0.43</td>
<td>1.12%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>7.82%</td>
</tr>
<tr>
<td>工作馬集團</td>
<td>0.07</td>
<td>1.48</td>
<td>0.35</td>
<td>-28.77%</td>
<td>$-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>通過對特斯拉的分析，我們可以推斷出以下趨勢：</p>
<ul>
<li>特斯拉的市盈率為 331.86，顯著高於行業平均水平 18.59 倍，表明其相對於行業同行的溢價估值。</li>
</ul>
<ul>
<li>市淨率為 20.01，較行業平均水平高出 6.65 倍，特斯拉在賬面價值方面可能被視為高估，因為其交易倍數高於行業同行。</li>
</ul>
<ul>
<li>相對較高的市銷率為 17.73，超過行業平均水平 11.82 倍，可能表明在銷售表現方面存在高估的情況。</li>
</ul>
<ul>
<li>股本回報率（ROE）為 1.75%，高於行業平均水平 2.73%，突顯了有效利用股本創造利潤的能力。</li>
</ul>
<ul>
<li>公司的息税折舊攤銷前利潤（EBITDA）為 36.6 億美元，低於行業平均水平 0.02 倍。這可能表明盈利能力較低或面臨財務挑戰。</li>
</ul>
<ul>
<li>與行業相比，公司毛利潤為 50.5 億美元，低於行業平均水平 0.02 倍，可能表明在扣除生產成本後收入較低。</li>
</ul>
<ul>
<li>公司正經歷顯著的收入增長，增長率為 11.57%，超過行業平均水平 0.35%。</li>
</ul>
<h3>債務與股本比率</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="債務與股本" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1766415633_0.png"/></p>
<p>債務與股本比率（D/E）是一個衡量公司相對於其淨資產價值所承擔債務水平的指標。</p>
<p>在行業比較中考慮債務與股本比率，可以簡潔地評估公司的財務健康狀況和風險特徵，幫助做出明智的決策。</p>
<p>在根據債務與股本比率比較特斯拉與其前四大同行時，可以觀察到以下見解：</p>
<ul>
<li>在債務與股本比率方面，特斯拉展現出比其前四大同行更強的財務狀況。</li>
</ul>
<ul>
<li>這表明公司在債務和股本之間保持了良好的平衡，債務與股本比率為 0.17，投資者可能會將其視為積極的因素。</li>
</ul>
<h3>關鍵要點</h3>
<p>對於特斯拉而言，市盈率、市淨率和市銷率均高於行業同行，表明高估。然而，特斯拉的高 ROE 表明相對於同行的強勁盈利能力。較低的 EBITDA 和毛利潤數字可能引發對運營效率的擔憂。另一方面，高收入增長率反映了特斯拉在汽車行業未來表現的積極前景。</p>
<p><em>本文由 Benzinga 的自動內容引擎生成，並由編輯審核。</em></p>

特斯拉

<p>本文對特斯拉（NASDAQ:TSLA）與其在汽車行業的競爭對手進行了深入分析。重點考察了財務指標、市場定位和增長前景。特斯拉的高市盈率、市淨率和市銷率暗示其被高估，但其高淨資產收益率表明盈利能力強。儘管 EBITDA 和毛利潤較低，特斯拉的收入增長率顯著高於行業平均水平。公司的有利債務與股本比率突顯了其強大的財務狀況。總體而言，這項分析為投資者提供了有價值的見解</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>在不斷發展的競爭激烈的商業環境中，進行全面的公司分析對投資者和行業關注者至關重要。在本文中，我們將對汽車行業進行深入的行業比較，評估 <strong>特斯拉 (NASDAQ: TSLA)</strong> 及其主要競爭對手。通過仔細審查關鍵財務指標、市場定位和增長前景，我們旨在為投資者提供有價值的見解，並闡明公司在行業中的表現。</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電池電動汽車製造商和現實世界人工智能軟件開發商，涵蓋自動駕駛和類人機器人。該公司擁有多款車型，包括豪華和中型轎車、跨界 SUV、一款輕型卡車和一款半掛卡車。特斯拉還計劃開始銷售一款跑車並提供機器人出租車服務。2024 年的全球交付量略低於 180 萬輛。該公司還銷售用於住宅和商業物業的固定儲能電池，包括公用事業和太陽能電池板，以及用於能源生成的太陽能屋頂。特斯拉還擁有一個快速充電網絡和一家汽車保險業務。</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>市淨率 (P/B)</strong></th>
<th><strong>市銷率 (P/S)</strong></th>
<th><strong>股本回報率 (ROE)</strong></th>
<th><strong>息税折舊攤銷前利潤 (EBITDA)（十億美元）</strong></th>
<th><strong>毛利潤（十億美元）</strong></th>
<th><strong>收入增長</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>豐田汽車</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>通用汽車</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>福特汽車</td>
<td>11.51</td>
<td>1.13</td>
<td>0.29</td>
<td>5.29%</td>
<td>$3.67</td>
<td>$4.3</td>
<td>9.39%</td>
</tr>
<tr>
<td>理想汽車</td>
<td>15.70</td>
<td>1.67</td>
<td>0.89</td>
<td>-0.86%</td>
<td>$-0.71</td>
<td>$4.47</td>
<td>-36.17%</td>
</tr>
<tr>
<td>托爾工業</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>温尼貝戈工業</td>
<td>34.16</td>
<td>1</td>
<td>0.43</td>
<td>1.12%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>7.82%</td>
</tr>
<tr>
<td>工作馬集團</td>
<td>0.07</td>
<td>1.48</td>
<td>0.35</td>
<td>-28.77%</td>
<td>$-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>通過對特斯拉的分析，我們可以推斷出以下趨勢：</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>特斯拉的市盈率為 331.86，顯著高於行業平均水平 18.59 倍，表明其相對於行業同行的溢價估值。</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>市淨率為 20.01，較行業平均水平高出 6.65 倍，特斯拉在賬面價值方面可能被視為高估，因為其交易倍數高於行業同行。</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>相對較高的市銷率為 17.73，超過行業平均水平 11.82 倍，可能表明在銷售表現方面存在高估的情況。</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>股本回報率（ROE）為 1.75%，高於行業平均水平 2.73%，突顯了有效利用股本創造利潤的能力。</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>公司的息税折舊攤銷前利潤（EBITDA）為 36.6 億美元，低於行業平均水平 0.02 倍。這可能表明盈利能力較低或面臨財務挑戰。</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>與行業相比，公司毛利潤為 50.5 億美元，低於行業平均水平 0.02 倍，可能表明在扣除生產成本後收入較低。</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>公司正經歷顯著的收入增長，增長率為 11.57%，超過行業平均水平 0.35%。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>債務與股本比率</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>債務與股本比率（D/E）是一個衡量公司相對於其淨資產價值所承擔債務水平的指標。</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>在行業比較中考慮債務與股本比率，可以簡潔地評估公司的財務健康狀況和風險特徵，幫助做出明智的決策。</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>在根據債務與股本比率比較特斯拉與其前四大同行時，可以觀察到以下見解：</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>在債務與股本比率方面，特斯拉展現出比其前四大同行更強的財務狀況。</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>這表明公司在債務和股本之間保持了良好的平衡，債務與股本比率為 0.17，投資者可能會將其視為積極的因素。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>關鍵要點</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>對於特斯拉而言，市盈率、市淨率和市銷率均高於行業同行，表明高估。然而，特斯拉的高 ROE 表明相對於同行的強勁盈利能力。較低的 EBITDA 和毛利潤數字可能引發對運營效率的擔憂。另一方面，高收入增長率反映了特斯拉在汽車行業未來表現的積極前景。</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 的自動內容引擎生成，並由編輯審核。</em></p>
</div>

Analyzing Tesla In Comparison To Competitors In Automobiles Industry

- 特斯拉的市盈率和市淨率均大幅高於行業平均水平，顯示出高估現象。  
- 儘管特斯拉的淨資產回報率較高，但其 EBITDA 和毛利低於行業平均，可能存在運營效率問題。  
- 特斯拉的收入增長率強勁，預示未來在汽車行業的良好前景。

分析特斯拉在汽車行業中與競爭對手的比較