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Luis TNS 保密 ID: 102570968
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    投行伯恩斯坦 (Bernstein)发布最新报告称,传统的汽车原始设备制造商(OEM)
    如今销售了全球99%的汽车,其中97%是内燃机汽车,2%是纯电动汽车。此外,该行还指出,15家最大的原始设备制造商的总市值为1.2万亿美元,仅略高于特斯拉等纯电动汽车厂商的1.1万亿美元市值,值得注意的是,纯电动汽车厂商目前的汽车销量占全球总销量的1%,却占汽车行业市值的45%。
    伯恩斯坦分析师Toni Sacconaghi表示:“大众相信纯电动汽车厂商最终将主宰汽车世界。2014年,纯电动汽车厂商的汽车销量占了所有纯电动汽车销量的15%。如今这一比例为28%。然而,即使到2030年其最终能占到所有电动汽车销量的50%(该假设可能有点激进),也很难证明这些纯电动汽车厂商目前的估值是合理的。”
    伯恩斯坦称,市场已经考虑到,传统的原始设备制造商在未来将无法提供有竞争力的电动汽车产品,或者在这方面将会非常滞后。此外,投资者似乎认为,由于直接分销和自动驾驶等附加服务,新的电动汽车新贵生产的每辆车将能够产生显著更高的利润。
    对此,该行认为,汽车行业是一个日益全球化和高度竞争的行业,过剩利润和技术创新可能会随着时间的推移而被竞争淘汰,就像历史上的情况一样。因此,每辆1万美元的全自动驾驶汽车将从根本上改变汽车行业的利润率(和估值)状况。
    2
    专栏 Investment
    Investment only needs to master basic financial knowledge, such as price-earnings ratio, price-to-book ratio, dividend ratio and debt ratio.
    Live frugally, and enjoy life only when you reach a certain wealth goal.
    The money used for investment must be spare cash. Increase savings and reserve investment capital. Reserve one year's income before starting to invest.
    Clarify the objectives of investment and financial management. Only by defining your own goals can you know what kind of risks to pay and what kind of targets to invest in.
    Take the long period as the main axis and capture the bottom, the bottom of the period.
    Increase the proportion of high dividend stocks. As a real long-term investor, we should gradually aim at receiving dividends. Pay dividends and concentrate on paying dividends, and don't expect a big rise.
    Open warehouses in batches and ship goods in batches to reduce the risk of errors.
    Be patient in investment. If you find a good investment opportunity, you should hold it for a long time and wait for considerable profits before selling it. Even if you miss the shipment opportunity, you should be patient, and there will always be a chance to turn over. Investment opportunities don't come up very often.
    Be calm in the face of book losses, talk to trusted objects and invest happily.
    我的第一笔投资是运气不好,买什么亏了什么,都是高价买的,幸运的是我只买了一点股票...试试我的运气,希望大家好运,在 moomoo 交易中赚更多钱... 现在开始赚回损失...
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