捉迷藏

观点：特斯拉股票正处于2020年市场崩盘以来最具吸引力的估值水平_我的网站

平安365

A | 今年迄今为止，特斯拉股价下跌了约48%。

B | 相对于2021年11月大流行之后的历史高点，该股下跌了约50%。 “The level of violence is extraordinary, so our action must be extraordinary, and our loss, whatever it may be, will not be greater than the loss of women's lives,” says the Facebook event for organizing the protest. More than 19,100 people have shown interest in it and more than 3,200 said they were “going” to the event, which is not taking place in any particular location.,In a statement, the Women’s Strike group calls especially on women in "feminist, legal, civil, and political groups to alert, stand in solidarity, and prepare for a women's strike that transcends borders.",On July 7, “we women refrain from carrying out our work and tasks (if possible), a women’s strike in which we centrally express our solidarity, and we leave the freedom of choice decentralized to any expression of protest, which includes everything,” the statement says.,The protests have been motivated by a number of shocking murders across the Arab world recently, including Nayera Ashraf in Egypt, Iman Rashid in Jordan, and Lubna Mansour in the United Arab Emirates. All were young, in their late teens or 20s, and were slain by men in fits of anger.,According to United Nations data, one-third of women globally will experience gender-based violence, including 37% of Arab women, although six in 10 victims refrain from asking for any type of support or protection.,“What it illustrates is that more than ever, the violence that women face across the globe is not based on a specific culture, or a faith or a class, it is purely because they are women,” Huda Jawad, the UK-based external co-director of the international Muslim feminist group Musawah, told Middle East Eye on Wednesday.,Indeed, women in a number of countries around the globe have taken to the streets en masse to demonstrate against femicide and violence against women, including in South Africa, the Dominican Republic, and France. In just the past few months, large demonstrations have been staged in Buenos Aires, Argentina, Ciudad Juárez and Mexico City, Mexico, and Istanbul, Turkey, the lattermost provoked by the attempted closure of the group “We Will Stop Femicide Platform Association” on accusations it committed "activity against law and morals.”,“There really needs to be an understanding that violence against women and girls is systemic,” Jawad explained. “It starts from a spectrum from kind of jokes, further things like harassment, discriminatory laws against employment, education, choices of marriage. Women are not recognized as legal entities in their own right, according to these laws - not in Islam, but according to these laws. When we live in a legal context that says perpetrators are allowed to commit violence and harm to women with impunity and with the blessing of the law, it is no surprise that we have these incidents.”,Jawad cited the prophet Mohammad as precedent for her position, noting that “his first divine message, an act from Allah, was to stop female infanticide.” She said “there are examples where the codification of equality for women according to Islamic practices and customary laws is possible,” such as in Morocco and Tunisia, and even recent moves in Saudi Arabia.,“Allah says ‘I made you from one soul and I made you equal,” she noted. “If we’re good enough for God, then we’re good enough for man.”。这种腰斩式的下挫意味着特斯拉股价现在仅比COVID-19市场崩溃深度期间的低点高出约5%，从而转化为对投资者非常有吸引力的估值状况。除了更广泛的宏观经济萎靡不振之外，特斯拉股价正遭受两个关键的短期挑战。首先，埃隆-马斯克必须为他的Twitter收购交易筹措245.1亿美元的股权融资。

C | 到目前为止，他通过在两次不同的旋风抛售中出售部分特斯拉股份，因此已经积累了154亿美元，第一次发生在4-5月，第二次发生在8月。马斯克还从拉里-埃里森、Binance、红杉、沙特王子瓦利德等人那里获得71亿美元的股权承诺。然而，如果不考虑Twitter的RSU，资金缺口仍然有54亿美元左右。马斯克可能会通过进一步削减其在特斯拉的股份来填补这一缺口，因此目前该股面临继续下行压力。

D | 就第二个主要逆风因素而言，特斯拉第三季度的交付量没有达到分析师的预期。虽然季度产量为365923辆高于彭博社估计的359,853辆，但报告的343830辆的交付量没有达到共识的357938辆。特斯拉称物流限制是其季度交付量不足的原因。然而，鉴于全球宏观经济持续疲软带动的需求疲软，尤其是中国市场这个对特斯拉至关重要的市场的表现还有悬念，因此该股表现受到压力是可以理解的。尽管如此，这种疲软现在已经转化为特斯拉非常有吸引力的估值状况，该股目前的远期市盈率仅为34.94倍--这是自2020年春季COVID-19引发的市场崩溃的深度以来的最低值。

E | 随着特斯拉继续预测其年度电动车交付量在可预见的未来将增长50%，该股目前的估值可以说是近年来最便宜。

F | 此外，鉴于最近特斯拉股票波动加剧，对股票回购计划的要求继续增加。这一点很重要，因为这家电动车巨头现在有足够的财政资源来实施这样一个计划。也就是说，根据未来基金有限责任公司管理合伙人加里-布莱克的估计，特斯拉在2022财年手上有99.32亿美元的自由现金流。对于2023财年，这一指标预计将增加到207.73亿美元，为这个电动车巨头提供足够的缓冲，以开始加强对股东的价值。如果特斯拉在即将到来的2022年第三季度财报电话会议上宣布股票回购计划，该股可能会有非常积极的反应。