Is Tesla Losing a Big Force Behind This Year’s Rally?

Bloomberg2023-03-24

Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...

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Comments

geraldinelya
2023-03-27
geraldinelya
🤔
Thinker8
2023-03-26
Thinker8
.
nctony
2023-03-25
nctony
Going strong [Miser]
Bi Han
2023-03-25
Bi Han
🚀🚀🚀🚀
LimBT
2023-03-25
LimBT
Ok
DavidHTW
2023-03-25
DavidHTW
Good to know

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Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0097036916.USD","symbol_name":"贝莱德美国增长A2 USD","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","article_id":"2321119662","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","pubTimestamp":1679671200,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0097036916.USD":"贝莱德美国增长A2 USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4106":"数据处理与外包服务","BK4554":"元宇宙及AR概念","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4528":"SaaS概念","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1548497426.USD":"安联环球人工智能AT Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4581":"高盛持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4527":"明星科技股","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","BK4550":"红杉资本持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4551":"寇图资本持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2063271972.USD":"富兰克林创新领域基金","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4099":"汽车制造商","BK4511":"特斯拉概念","TSLA":"特斯拉","BK4548":"巴美列捷福持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC"},"translate_title":"特斯拉在今年的反弹背后失去了一股强大的力量吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1},"content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9941029599,"gmtCreate":1679884385111,"gmtModify":1679884388484,"author":{"id":"3582453487476293","authorId":"3582453487476293","name":"geraldinelya","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582453487476293","authorIdStr":"3582453487476293"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941029599","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9941005877,"gmtCreate":1679794873899,"gmtModify":1679801896938,"author":{"id":"4097812246247830","authorId":"4097812246247830","name":"Thinker8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4097812246247830","authorIdStr":"4097812246247830"},"htmlText":".&nbsp;","listText":".&nbsp;","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941005877","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9943784779,"gmtCreate":1679723515191,"gmtModify":1679723518719,"author":{"id":"3557024931927052","authorId":"3557024931927052","name":"nctony","avatar":"https://static.tigerbbs.com/1449dfc5089ded0e8efe303fd4dd43b1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3557024931927052","authorIdStr":"3557024931927052"},"htmlText":"Going strong&nbsp;[Miser]&nbsp;","listText":"Going strong&nbsp;[Miser]&nbsp;","text":"Going strong [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943784779","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9943713029,"gmtCreate":1679709424562,"gmtModify":1679709428139,"author":{"id":"3570004939267641","authorId":"3570004939267641","name":"Bi Han","avatar":"https://static.itradeup.com/news/6765c2bb071c1df5b7fd4e34c533c22e","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":9,"crmLevelSwitch":1,"idStr":"3570004939267641","authorIdStr":"3570004939267641"},"htmlText":"🚀🚀🚀🚀","listText":"🚀🚀🚀🚀","text":"🚀🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943713029","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9943737203,"gmtCreate":1679705082603,"gmtModify":1679705086324,"author":{"id":"4134278158747952","authorId":"4134278158747952","name":"LimBT","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4134278158747952","authorIdStr":"4134278158747952"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943737203","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9943738162,"gmtCreate":1679701403457,"gmtModify":1679701407740,"author":{"id":"4094706538255210","authorId":"4094706538255210","name":"DavidHTW","avatar":"https://community-static.tradeup.com/news/f4211692e23623de59a502307acbb4cc","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"4094706538255210","authorIdStr":"4094706538255210"},"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943738162","repostId":2321119662,"repostType":4,"repost":{"id":"2321119662","pubTimestamp":1679671200,"share":"https://ttm.financial/m/news/2321119662?lang=&edition=fundamental","pubTime":"2023-03-24 23:20","market":"us","language":"en","title":"Is Tesla Losing a Big Force Behind This Year’s Rally?","url":"https://stock-news.laohu8.com/highlight/detail?id=2321119662","media":"Bloomberg","summary":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand con","content":"<html><head></head><body><ul><li>Retail traders, who were aggressive buyers, have pulled back</li><li>Falling conviction comes amid demand concerns, market jitters</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7305c820e8517acb495baf3018f0a94\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Vehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/Bloomberg</span></p><p>A key force behind this year’s rally in Tesla Inc. shares is losing momentum.</p><p>Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.</p><p>Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.</p><p>“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.</p><p>It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&amp;P 500 Index and the Nasdaq 100’s 5.7% gain.</p><p><img src=\"https://static.tigerbbs.com/c3c8dd1bcdca05dd67ed673f3355ca49\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>.</p><p>With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.</p><p>“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”</p><p>Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.</p><p>Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.</p><p>Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.</p><p>A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.</p><p>In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.</p><p>“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla Losing a Big Force Behind This Year’s Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla Losing a Big Force Behind This Year’s Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-24 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4581":"高盛持仓","TSLA":"特斯拉","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4528":"SaaS概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4106":"数据处理与外包服务","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4554":"元宇宙及AR概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-24/tesla-is-losing-a-big-force-behind-this-year-s-rally-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321119662","content_text":"Retail traders, who were aggressive buyers, have pulled backFalling conviction comes amid demand concerns, market jittersVehicles for sale at a Tesla store in Vallejo, California. Photographer: David Paul Morris/BloombergA key force behind this year’s rally in Tesla Inc. shares is losing momentum.Retail traders whose purchases have helped push the electric-vehicle maker’s stock up 56% in 2023 are pulling back this month amid disappointment over a recent investor day and concerns over the health of the economy.Net daily purchases of Tesla shares by individuals have fallen by about three-fourths from a peak of $436 million on March 1, as of Wednesday, according to data from Vanda Research. In fact, retail investors were net sellers of the stock on Tuesday for the first time in nearly a year.“After a brief period when Tesla’s stock price looked to be offering decent value, the shares seem to be back in the realm of expensive, and retail investors have stepped back,” said Paul Allison, senior analyst at Finimize Ltd., an investment advice platform owned by Abdrn Plc.It’s an about face from mom-and-pop investors, who have often helped to supercharge any Tesla rally through aggressive buying. Their enthusiasm has waned in the wake of the March 1 investor day that lacked specific details on a much-anticipated new vehicle. Since then, the shares have dropped 6.6%, compared with a 0.5% decline in the S&P 500 Index and the Nasdaq 100’s 5.7% gain.Caution among retail investors has been fanned lately by fears about problems in the banking industry spreading in the wake of the collapse of Silicon Valley Bank and Signature Bank.With such a rich valuation, Tesla is particularly sensitive to any deterioration in investor sentiment. The stock trades at 44 times forward earnings compared with mid-to-high single-digit multiples for General Motors Co. and Ford Motor Co., and even surpassing the Nasdaq 100’s average price-to-earnings ratio of 24.“The valuation level relative to the car industry reflects very high expectations for future operating margin and total market share,” said Peter Garnry, head of equity strategy at Saxo Bank A/S. “That is basically the reference point as an investor. You are buying a stock that is priced for almost perfection.”Some recent disappointments haven’t played to such a narrative. In addition to the investor day failing to deliver on the hype that had built ahead of it, the company announced another price cut on its most expensive cars, while the US National Highway Traffic Safety Administration opened an investigation over complaints that the steering wheel can fall off certain new Model Y vehicles while in use.Wall Street has turned more cautious after the early rally as well, with at least three analysts downgrading the stock just this month.Tesla’s “valuation now leaves less room for disappointment,” Berenberg analyst Adrian Yanoshik wrote, while lowering his recommendation to hold from buy early this month.A rally in the stock this week — after a credit-rating upgrade that lifted its bonds to investment grade status and some encouraging sales data from China —  highlights how Tesla’s strong momentum can quickly take over whenever the narrative shifts.In the near term, first-quarter delivery figures due early next month could also turn sentiment quickly, especially if the numbers show the big price cuts instituted in early January boosted demand. That would also underscore a key advantage that the company has over its rivals, who followed Tesla’s cuts by lowering their own prices.“Since Tesla has higher gross margins to begin with, the margins at competitors are more at risk,” said Jerry Braakman, chief investment officer of First American Trust.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":156,"commentSize":11,"repostSize":5,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2321119662"}