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Lifting a stone to hit one's own foot! As soon as the tariff threat from Trump emerged, the stock prices of usa auto giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
Our Number One Name: Tesla
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Ubs Group dampens Tesla's spirits: Core autos business only accounts for 12% of market cap, the remaining 1 trillion market cap is all about the unlimited possibilities.
ubs group stated that the phenomenon of "the market cap of the autos business falling below the average level" has only occurred twice in the past four years, resulting in stock price corrections for Tesla of over 30% and 70%, respectively. Moreover, Tesla's current expected pe has reached 100 times, far exceeding the average level of the past two years, and investors need to have a strong sense of belief to continue increasing their shareholding in the stock.
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