大行評級|古根海姆:重申特斯拉“賣出”評級及目標價175美元 實現自動駕駛將是一場“持久戰”
古根海姆發佈報吿,重申對特斯拉的“賣出”評級和175美元的目標價。分析師認為,Robotaxi 的推出耗時長、成本高且風險高昂,將帶來巨大的現金消耗、技術障礙和監管風險。儘管特斯拉的Robotaxi試點計劃已在奧斯汀啟動,但目前服務仍需車內人員監管。這與市場對其完全無人監督的自動駕駛願景有所落差,而這項願景正是支撐特斯拉當前高達192 倍本益比的關鍵。分析師認為,自動駕駛技術的實現將是一場“持久戰”,如果此過程過於漫長,而投資者已經為其迅速成功的結果支付了高昂代價,那麼其下行風險將會顯著增加。
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