<p>作者：William Gavin</p>
<p>特斯拉首次發佈了 20 位分析師的交付估計共識，顯示出大幅下滑。</p>
<p>預計特斯拉將在 2025 年銷售 164 萬輛汽車，低於 2024 年的 179 萬輛和 2023 年的 180 萬輛。</p>
<p>特斯拉的股票面臨近六個月以來最長的下跌趨勢，因為這家電動車巨頭有效地告訴投資者，預計第四季度的交付將令人失望，正朝着另一個年度銷售下降邁進。</p>
<p>該公司（TSLA）在週一晚些時候發佈了賣方分析師預期的交付共識，預計 12 月季度交付 42.285 萬台，同比下降 15%。這一預期比 FactSet 編制的 447,000 台的預期更為悲觀，後者是 Bloomberg 編制的約 445,000 台交付的平均值。</p>
<p>不要錯過：特斯拉在加倍押注人工智能方面的前景</p>
<p>匯總和分發分析師估計對特斯拉來説並不罕見，儘管將這些數據發佈到其網站上是這家位於德克薩斯州奧斯汀的公司的首次嘗試。根據投資者關係負責人 Travis Axelrod 的説法，這一變化是投資者要求的。</p>
<p>特斯拉的股票在週二早盤交易中下跌了 0.3%。這使其面臨連續第五個交易日的虧損，這將是自 7 月 1 日結束的六個交易日以來最長的下跌趨勢。該股在 2025 年上漲了 13.5%，但自 12 月 16 日收於創紀錄的 489.88 美元以來回落了 6.4%。</p>
<p>根據公司編制的共識，特斯拉預計將記錄連續第二年的銷售下降。這家汽車製造商預計交付約 160 萬輛汽車，比去年下降超過 8%。</p>
<p>預計 12 月季度的銷售將放緩，此前特斯拉在前三個月交付了超過 497,000 台，超出了最樂觀的預期。由於消費者在 9 月底關鍵税收抵免到期之前提前購買電動車，特斯拉受益匪淺。</p>
<p>Deepwater Asset Management 的管理合夥人 Gene Munster 估計，可能有 55,000 輛銷售被提前到第三季度。他對特斯拉 12 月季度銷售的估計為 415,000 台，這一數字未被特斯拉的共識引用。</p>
<p>該公司仍在應對歐洲銷售疲軟的問題，截至 11 月底，交付量下降了近 39%。中國的交付量在 11 月下降了超過 8%，當地競爭對手如比亞迪（BYDDY）（CN:002594）和小米（HK:1810）繼續給特斯拉帶來激烈競爭。</p>
<p>閲讀更多：特斯拉的電動車銷售持續下滑，但華爾街仍專注於機器人出租車</p>
<p>-William Gavin</p>
<p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 獨立於道瓊斯新聞通訊和《華爾街日報》發佈。</p>
<p>（完）道瓊斯新聞通訊</p>
<p>12-30-25 1007ET</p>

特斯拉

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

南方兩倍做多特斯拉

南方兩倍做空特斯拉

2 倍做多 TSLA ETF - GraniteShares

<p>特斯拉對第四季度的銷售前景發佈了悲觀預測，預計交付 422,850 輛汽車，比去年下降 15%。這標誌着公司連續第二年銷售下滑，預計 2025 年的總交付量為 160 萬輛。股價下跌 0.3%，可能面臨連續第五次下跌。由於競爭加劇，特斯拉在歐洲和中國的銷售也面臨挑戰。公司首次在其網站上發佈分析師估計，以回應投資者的請求</p>

<p>By William Gavin</p>
<div class="lb-trans"><p>作者：William Gavin</p>
</div><p>In a first for the company, Tesla published a consensus of 20 analyst deliveries estimates. It shows a big drop.</p>
<div class="lb-trans"><p>特斯拉首次發佈了 20 位分析師的交付估計共識，顯示出大幅下滑。</p>
</div><p>Tesla is expected to sell 1.64 million vehicles in 2025, which is fewer than the 1.79 million it sold in 2024 or they 1.8 million it sold in 2023.</p>
<div class="lb-trans"><p>預計特斯拉將在 2025 年銷售 164 萬輛汽車，低於 2024 年的 179 萬輛和 2023 年的 180 萬輛。</p>
</div><p>Shares of Tesla were in danger of their longing losing streak in nearly six months, as the elective vehicle giant effectively told investors to expect gloomy fourth-quarter deliveries as it heads toward another annual sales decline.</p>
<div class="lb-trans"><p>特斯拉的股票面臨近六個月以來最長的下跌趨勢，因為這家電動車巨頭有效地告訴投資者，預計第四季度的交付將令人失望，正朝着另一個年度銷售下降邁進。</p>
</div><p>The company (TSLA) published late-Monday a delivery consensus of sell-side analyst expectations that calls for 422,850 units for the December quarter, down 15% from a year earlier. That's more pessimistic than estimates compiled by FactSet, which expects 447,000 units sold, or the Bloomberg-compiled average of about 445,000 deliveries.</p>
<div class="lb-trans"><p>該公司（TSLA）在週一晚些時候發佈了賣方分析師預期的交付共識，預計 12 月季度交付 42.285 萬台，同比下降 15%。這一預期比 FactSet 編制的 447,000 台的預期更為悲觀，後者是 Bloomberg 編制的約 445,000 台交付的平均值。</p>
</div><p>Don't Miss: What's ahead for Tesla as it doubles down on AI</p>
<div class="lb-trans"><p>不要錯過：特斯拉在加倍押注人工智能方面的前景</p>
</div><p>Compiling and distributing analyst estimates isn't unusual for Tesla, although publishing those figures to its website is a first for the Austin, Texas-based company. According to its head of investor relations, Travis Axelrod, the change was requested by investors.</p>
<div class="lb-trans"><p>匯總和分發分析師估計對特斯拉來説並不罕見，儘管將這些數據發佈到其網站上是這家位於德克薩斯州奧斯汀的公司的首次嘗試。根據投資者關係負責人 Travis Axelrod 的説法，這一變化是投資者要求的。</p>
</div><p>Tesla's stock slipped 0.3% in recent morning trading Tuesday. That puts it on track for a fifth straight loss, which would be the longest such streak since the six-session stretch that ended July 1. The stock has climbed 13.5% in 2025, but has pulled back 6.4% since closing at a record $489.88 on Dec. 16.</p>
<div class="lb-trans"><p>特斯拉的股票在週二早盤交易中下跌了 0.3%。這使其面臨連續第五個交易日的虧損，這將是自 7 月 1 日結束的六個交易日以來最長的下跌趨勢。該股在 2025 年上漲了 13.5%，但自 12 月 16 日收於創紀錄的 489.88 美元以來回落了 6.4%。</p>
</div><p>Tesla is set to record its second straight annual sales decline, according to the company-compiled consensus. The carmaker is set to report deliveries of about 1.6 million vehicles, a more than 8% drop compared with a year earlier.</p>
<div class="lb-trans"><p>根據公司編制的共識，特斯拉預計將記錄連續第二年的銷售下降。這家汽車製造商預計交付約 160 萬輛汽車，比去年下降超過 8%。</p>
</div><p>Sales were expected to slow in the December quarter after Tesla delivered more than 497,000 units in the prior three-month period, which beat even the most optimistic expectations. It had benefited from consumers who pulled ahead their plans to buy an EV before key tax credits expired at the end of September.</p>
<div class="lb-trans"><p>預計 12 月季度的銷售將放緩，此前特斯拉在前三個月交付了超過 497,000 台，超出了最樂觀的預期。由於消費者在 9 月底關鍵税收抵免到期之前提前購買電動車，特斯拉受益匪淺。</p>
</div><p>Gene Munster, managing partner at Deepwater Asset Management, estimates that 55,000 sales may have been pulled forward to the third quarter. His estimate for Tesla's December quarter sales, which was not cited by Tesla's consensus, stands at 415,000 units.</p>
<div class="lb-trans"><p>Deepwater Asset Management 的管理合夥人 Gene Munster 估計，可能有 55,000 輛銷售被提前到第三季度。他對特斯拉 12 月季度銷售的估計為 415,000 台，這一數字未被特斯拉的共識引用。</p>
</div><p>The company is also still dealing with flagging sales in Europe, where deliveries have fallen by almost 39% as of the end of November. Deliveries in China dropped by more than 8% through November, as local rivals like BYD (BYDDY) (CN:002594) and Xiaomi (HK:1810) continue to give it tough competition.</p>
<div class="lb-trans"><p>該公司仍在應對歐洲銷售疲軟的問題，截至 11 月底，交付量下降了近 39%。中國的交付量在 11 月下降了超過 8%，當地競爭對手如比亞迪（BYDDY）（CN:002594）和小米（HK:1810）繼續給特斯拉帶來激烈競爭。</p>
</div><p>Read More: Tesla's EV sales keep falling, but Wall Street stays focused on robotaxis</p>
<div class="lb-trans"><p>閲讀更多：特斯拉的電動車銷售持續下滑，但華爾街仍專注於機器人出租車</p>
</div><p>-William Gavin</p>
<div class="lb-trans"><p>-William Gavin</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此內容由 MarketWatch 創作，MarketWatch 由道瓊斯公司運營。MarketWatch 獨立於道瓊斯新聞通訊和《華爾街日報》發佈。</p>
</div><p>(END) Dow Jones Newswires</p>
<div class="lb-trans"><p>（完）道瓊斯新聞通訊</p>
</div><p>12-30-25 1007ET</p>
<div class="lb-trans"><p>12-30-25 1007ET</p>
</div>

Tesla posts a pessimistic forecast for fourth-quarter sales

- 特斯拉預計 2025 年銷售 1.64 百萬輛，低於 2024 年的 1.79 百萬輛。  
- 四季度交付預期為 422,850 輛，比去年下降 15%。  
- 股票持續下滑，面臨六個月以來最長連跌。

特斯拉對第四季度銷售發佈了悲觀的預測