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开车了滴滴滴

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开车了滴滴滴

2023-08-18

[捂脸]

开车了滴滴滴

2023-08-16

$理想汽车(LI)$ 理想可以看多嘛[开心] 今天试驾了理想L9，智能方面对比传统汽车没的说，较为满意的底盘特别舒适，[开心] 跟同价位我在开的GLC完全秒爆了，打算置换[开心] [开心]

开车了滴滴滴

2023-08-16

[捂脸] 一辆奔驰跌没了

开车了滴滴滴

2023-08-16

[捂脸]

开车了滴滴滴

2023-08-09

哗众取宠

理想的破绽，在财报之外

开车了滴滴滴

2023-08-07

$La Rosa Holdings Corp(LRHC)$ 又推迟时间啦[捂脸] 申购了我又取消了

开车了滴滴滴

2023-08-01

$小鹏汽车(XPEV)$ [爱你]

开车了滴滴滴

2023-07-31

$京东(JD)$ [开心] 雄起

开车了滴滴滴

2023-07-31

瞎巴巴，小鹏雄起$小鹏汽车(XPEV)$

评级遭遇下调且合作大众被指沦为“代工厂” 小鹏汽车早盘大跌近13%

开车了滴滴滴

2023-07-26

$小鹏汽车(XPEV)$ [微笑] 上到30

开车了滴滴滴

2023-07-26

$小鹏汽车(XPEV)$ 想起来

开车了滴滴滴

2023-07-22

$特斯拉(TSLA)$

$特斯拉(TSLA)$

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[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/209676349739096","isVote":1,"tweetType":1,"viewCount":4473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":209675316949024,"gmtCreate":1692196022527,"gmtModify":1692196851984,"author":{"id":"4135430872474840","authorId":"4135430872474840","name":"开车了滴滴滴","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135430872474840","authorIdStr":"4135430872474840"},"themes":[],"htmlText":"[捂脸]&nbsp;一辆奔驰跌没了","listText":"[捂脸]&nbsp;一辆奔驰跌没了","text":"[捂脸] 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10:01","market":"hk","language":"zh","title":"理想的破绽，在财报之外","url":"https://stock-news.laohu8.com/highlight/detail?id=2357282992","media":"略大参考","summary":"理想的二季度财报几乎挑不出刺。论毛利，在家家打价格战的情况下，理想的毛利率依然保持上涨，接近22%。也是在第二季度，理想的月销量突破了3万大关。销量增长后，理想的渠道扩展速度也在变快。二季度，理想净利润高达23.1亿元，同比扭亏为盈，环比增长147.4%。理想二季度的另一个重大项目，来自智能驾驶。理想的势头，很像是2021年的特斯拉。","content":"<html><head></head><body><blockquote><strong>汽车不是互联网社交，能像微信一样独占市场。这里有一个又一个虎视眈眈的对手，试图用更低的价格，更高的配置，更独特的设计来颠覆守擂者。即使强如<a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>、理想，也不敢说高枕无忧。</strong></blockquote><p>理想的二季度财报几乎挑不出刺，但股价还是大跌了！截至发稿，理想汽车-W盘中跌超6%。论销量，理想刚刚突破3万大关，已经把其他新势力甩在身后。论毛利，在家家打价格战的情况下，理想的毛利率依然保持上涨，接近22%。论赚钱，理想的净利润率已经达到10%左右。如此完美的数据，很容易让人想起2021年的特斯拉。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b840d9e50541846beaf3ae102ee014aa\" tg-width=\"560\" tg-height=\"240\"/></p><p>那一年的特斯拉正处在真正的巅峰，销量暴增，利润翻了6倍，股价翻了四倍。从销量到利润，从品牌到技术，特斯拉身上几乎挑不出破绽。</p><p>但一年以后，特斯拉就迎来了最坏的一年。 <a href=\"https://laohu8.com/S/002594\">比亚迪</a> 崛起，夺走了特斯拉销冠的名号。供应链问题频发，一度影响产能。车型的单一、老化，使得一部分消费者流向其他品牌。最终，特斯拉的收入增速大幅度下滑，全年股价跌去近7成。</p><p>某种程度上，眼下的理想也像2021年的特斯拉一样：成绩足够优秀，但隐忧依然存在，更是远远没到高枕无忧的地步。</p><p><strong>01 收入：销量一样好</strong></p><p>二季度，理想共交付8.65万台新车，同比增长201.6%。也是在第二季度，理想的月销量突破了3万大关。</p><p>由于单车售价的提高，二季度的收入增长还要更快一些，同比增长228.1%，达到286.5亿元，环比也增长了62.8%。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72eedcb34e498699b5295c4023e88fda\" title=\"\" tg-width=\"550\" tg-height=\"353\"/></p><p>收入结构来看，相较于<a href=\"https://laohu8.com/S/NIO\">蔚来</a>和特斯拉，理想还是更依赖卖车，其他销售和服务收入仅为6.8亿元，占比还不到3%。且增速才173.4%，并没有交付量的增长快。</p><p>销量增长后，理想的渠道扩展速度也在变快。单季度开店32家，而上一季度，理想仅仅开了11家店。</p><p>不过理想的销售成本增加速度还算合理。二季度，理想销售、一般及管理费用为23.1亿元，同比增长74.3%，环比增加40.4%，均低于收入的增速。</p><p>作为蔚小理中研发占比长期垫底的一个，理想对研发投入的加大幅度有限。研发费用为24.3亿元，大幅度增加了58.4%。</p><p>绝对数字不算少，但在收入大增下，理想的研发费用占比显得很低：才刚过8%。相比业绩上的成功，这样的投入还是显得有些抠了。</p><p><strong>02 利润：能谈净利润的新势力</strong></p><p>挣得多，花得省，理想的利润数据因此特别好看。</p><p>在另外两家新势力还在为亏损头疼时，理想的赚钱能力已经越来越接近成熟车企。</p><p>二季度，理想的毛利率基本维持稳定，为21.8%，此消彼长后，已经超过了特斯拉的毛利率，进入全球 新能源车 企毛利率的第一梯队。</p><p>毛利达到62.4亿元，同比增长232%，环比增长62.7%。</p><p>经营利润为16.3亿，环比增加301%，同比扭亏为盈，去年同期为9.78亿元。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2aaf67db2ce3a439211c4705ff89b21d\" title=\"\" tg-width=\"550\" tg-height=\"282\"/></p><p>由于发展年头短，外界对新势力的数据考量很少提到净利润。但进入今年第二季度，理想的净利润数据已经达到了成熟车企水平。</p><p>二季度，理想净利润高达23.1亿元，同比扭亏为盈，环比增长147.4%。Non-GAAP净利润达到了27.3亿元，净利率直逼10%。已经达到了丰田在2022年、以及比亚迪在今年上半年的水平，这对于一家新势力来说十分不易。</p><p>连续优秀的利润表现后，理想的现金流已经养得非常健康。</p><p>二季度，理想经营现金流为111.1亿元，同比翻了十倍，环比增长42.8%。自由现金流为96.2亿元，环比增长43.6%。现金及等价物高达737.7亿元，同比增长近90亿元。</p><p><a href=\"https://laohu8.com/S/NIO.SI\">蔚来</a>小鹏刚刚接受了外界投资，而理想这边的钱几乎多到可以投资别人。</p><p><strong>03 新动向：新的收入增长点？</strong></p><p>8月3日，理想发布了L9 Pro。相比此前的版本降价3万元，并对芯片、激光雷达、摄像头等配置进行缩水，最终弱化了其辅助驾驶能力。算是一种“降价减配”。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27e19690a256b2a80875cdb52ac34460\" title=\"\" tg-width=\"550\" tg-height=\"910\"/></p><p>此前，蔚来也通过去掉换电服务实现了3万元的降价，并换来了月销量突破两万的回报。而<a href=\"https://laohu8.com/S/LI\">理想汽车</a>从成立以来一直不以<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>化能力著称，这种降价减配方式更容易被消费者接受。根据汽车网站的投票，大约4成的消费者愿意选择缩水的Pro版本。</p><p>作为价格战为数不多的“遗珠”，理想L系列上市以来一直没有降价消息，理想L9 Pro的发售算是第一次，此举有望再次提振理想的月销量。</p><p>理想二季度的另一个重大项目，来自智能驾驶。</p><p>在6月份的家庭科技日活动上，理想展示了城市 NOA 与通勤 NOA 的开放计划。据发布会介绍，理想通勤 NOA 通过 AI 大模型的帮助，不依赖高精地图，可以做到接近人类司机的驾驶表现。</p><p>这一服务并不收费，但必须要AD max系统的车型才能用，也就是L系列的最高配车型才有。</p><p>这意味着，理想的辅助驾驶系统可以帮助品牌单车价格获得3-4万元的提升，也算是间接的卖智能驾驶包了。</p><p>此外，二季度，理想还公布了品牌的第一台纯电汽车：MEGA。</p><p>该车属于MPV，将于今年四季度发布。按照发布会的说法，MEGA将打破高端纯电车无爆款的现状，并成为50万以上全品类最畅销的乘用车，不论能源类型或车型。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/253fd9069ce482f006e173a4db22bbaf\" title=\"\" tg-width=\"550\" tg-height=\"332\"/></p><p>不过目前的数据，国内MPV单车的月销量冠军大多在1万台出头，MPV想超过各类<a href=\"https://laohu8.com/S/DLX\">豪华</a>SUV和轿车，难度远比L系列的成绩大得多。</p><p><strong>04 隐忧：理想有裂痕吗？</strong></p><p>理想的势头，很像是2021年的特斯拉。</p><p>那一年，特斯拉营收超过了500亿美元，同比大增71%，净利润达到55.2亿美元，同比大增665%，完成连续10个季度盈利。</p><p>彼时的特斯拉风头正盛，几乎找不到任何弱点：销量上，特斯拉已经成为了全球第一新能源车企，价位也集中在高端。相比理想，特斯拉还有强大的技术能力，以及马斯克个人魅力加持下的独特品牌价值。</p><p>几乎想不出特斯拉怎么输。</p><p>然而短短一年后，特斯拉就迎来了至暗时刻。整个2022年，特斯拉的股价下滑约69%，接近7成股价蒸发，直到今天还没缓过来。</p><p>那一年，特斯拉依然在高歌猛进，但速度比前两年明显慢了太多。由于疫情导致的供应链问题，各地对电动车取消补助、产能不足、以及竞争对手崛起等种种原因，2022年没有达到交付量增加50%的销量目标。</p><p>特别是在中国市场。此前两年，特斯拉在中国市场的收入都以100%以上的速度暴涨着。但来到2022年，特斯拉在华营收大降至31%。远低于51%的总增速。</p><p>这当然离不开中国市场对手的强劲，尤其是马斯克此前瞧不起的比亚迪。</p><p>整个2022年，比亚迪卖了186.85万辆车，同比增长152.5%，一举超过特斯拉的131万辆，成为全球第一新能源车企。在中国市场，比亚迪汉和比亚迪唐严重侵蚀着特斯拉的市场空间。</p><p>就连特斯拉前董事会成员也不得不承认“特斯拉第一次有了一个真正的挑战者。”</p><p>眼下，理想的挑战者也不少。</p><p>蔚来的月销量再次破两万，重新获得和理想坐在一张桌子的机会。长城的蓝山销量初具规模，比亚迪的腾势N8已经上市。30万以上的高端SUV的丰厚利润，已经有越来越多的品牌眼馋。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9356743ce932f3c7191755736391b6b8\" title=\"\" tg-width=\"550\" tg-height=\"978\"/></p><p>汽车行业不是电力或烟草，没有绝对的位置优势。汽车也不是互联网社交，能像微信一样独占市场。这里有一个又一个虎视眈眈的对手，试图用更低的价格，更高的配置，更独特的设计来颠覆守擂者。即使强如特斯拉、理想，也不敢说高枕无忧。</p><p>马斯克在去年曾经感慨：“前方有暴风雨天气，但之后会有阳光。”对理想来说，当下当然是阳光灿烂，但保不齐前面也有暴风雨。舒适区的安稳日子，还远远没有到来。</p></body></html>","source":"ldck","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>理想的破绽，在财报之外</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\">\n理想的破绽，在财报之外\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-09 10:01 北京时间&nbsp;&nbsp;&nbsp;<a href=https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg><strong>略大参考</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>汽车不是互联网社交，能像微信一样独占市场。这里有一个又一个虎视眈眈的对手，试图用更低的价格，更高的配置，更独特的设计来颠覆守擂者。即使强如特斯拉、理想，也不敢说高枕无忧。理想的二季度财报几乎挑不出刺，但股价还是大跌了！截至发稿，理想汽车-W盘中跌超6%。论销量，理想刚刚突破3万大关，已经把其他新势力甩在身后。论毛利，在家家打价格战的情况下，理想的毛利率依然保持上涨，接近22%。论赚钱，理想的...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2c0ab7d3f5d89bb403311ca0a8e68f8e","relate_stocks":{"02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://mp.weixin.qq.com/s/Za_keI69jnes9El2sh1wTg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2357282992","content_text":"汽车不是互联网社交，能像微信一样独占市场。这里有一个又一个虎视眈眈的对手，试图用更低的价格，更高的配置，更独特的设计来颠覆守擂者。即使强如特斯拉、理想，也不敢说高枕无忧。理想的二季度财报几乎挑不出刺，但股价还是大跌了！截至发稿，理想汽车-W盘中跌超6%。论销量，理想刚刚突破3万大关，已经把其他新势力甩在身后。论毛利，在家家打价格战的情况下，理想的毛利率依然保持上涨，接近22%。论赚钱，理想的净利润率已经达到10%左右。如此完美的数据，很容易让人想起2021年的特斯拉。那一年的特斯拉正处在真正的巅峰，销量暴增，利润翻了6倍，股价翻了四倍。从销量到利润，从品牌到技术，特斯拉身上几乎挑不出破绽。但一年以后，特斯拉就迎来了最坏的一年。 比亚迪 崛起，夺走了特斯拉销冠的名号。供应链问题频发，一度影响产能。车型的单一、老化，使得一部分消费者流向其他品牌。最终，特斯拉的收入增速大幅度下滑，全年股价跌去近7成。某种程度上，眼下的理想也像2021年的特斯拉一样：成绩足够优秀，但隐忧依然存在，更是远远没到高枕无忧的地步。01 收入：销量一样好二季度，理想共交付8.65万台新车，同比增长201.6%。也是在第二季度，理想的月销量突破了3万大关。由于单车售价的提高，二季度的收入增长还要更快一些，同比增长228.1%，达到286.5亿元，环比也增长了62.8%。收入结构来看，相较于蔚来和特斯拉，理想还是更依赖卖车，其他销售和服务收入仅为6.8亿元，占比还不到3%。且增速才173.4%，并没有交付量的增长快。销量增长后，理想的渠道扩展速度也在变快。单季度开店32家，而上一季度，理想仅仅开了11家店。不过理想的销售成本增加速度还算合理。二季度，理想销售、一般及管理费用为23.1亿元，同比增长74.3%，环比增加40.4%，均低于收入的增速。作为蔚小理中研发占比长期垫底的一个，理想对研发投入的加大幅度有限。研发费用为24.3亿元，大幅度增加了58.4%。绝对数字不算少，但在收入大增下，理想的研发费用占比显得很低：才刚过8%。相比业绩上的成功，这样的投入还是显得有些抠了。02 利润：能谈净利润的新势力挣得多，花得省，理想的利润数据因此特别好看。在另外两家新势力还在为亏损头疼时，理想的赚钱能力已经越来越接近成熟车企。二季度，理想的毛利率基本维持稳定，为21.8%，此消彼长后，已经超过了特斯拉的毛利率，进入全球 新能源车 企毛利率的第一梯队。毛利达到62.4亿元，同比增长232%，环比增长62.7%。经营利润为16.3亿，环比增加301%，同比扭亏为盈，去年同期为9.78亿元。由于发展年头短，外界对新势力的数据考量很少提到净利润。但进入今年第二季度，理想的净利润数据已经达到了成熟车企水平。二季度，理想净利润高达23.1亿元，同比扭亏为盈，环比增长147.4%。Non-GAAP净利润达到了27.3亿元，净利率直逼10%。已经达到了丰田在2022年、以及比亚迪在今年上半年的水平，这对于一家新势力来说十分不易。连续优秀的利润表现后，理想的现金流已经养得非常健康。二季度，理想经营现金流为111.1亿元，同比翻了十倍，环比增长42.8%。自由现金流为96.2亿元，环比增长43.6%。现金及等价物高达737.7亿元，同比增长近90亿元。蔚来小鹏刚刚接受了外界投资，而理想这边的钱几乎多到可以投资别人。03 新动向：新的收入增长点？8月3日，理想发布了L9 Pro。相比此前的版本降价3万元，并对芯片、激光雷达、摄像头等配置进行缩水，最终弱化了其辅助驾驶能力。算是一种“降价减配”。此前，蔚来也通过去掉换电服务实现了3万元的降价，并换来了月销量突破两万的回报。而理想汽车从成立以来一直不以智能化能力著称，这种降价减配方式更容易被消费者接受。根据汽车网站的投票，大约4成的消费者愿意选择缩水的Pro版本。作为价格战为数不多的“遗珠”，理想L系列上市以来一直没有降价消息，理想L9 Pro的发售算是第一次，此举有望再次提振理想的月销量。理想二季度的另一个重大项目，来自智能驾驶。在6月份的家庭科技日活动上，理想展示了城市 NOA 与通勤 NOA 的开放计划。据发布会介绍，理想通勤 NOA 通过 AI 大模型的帮助，不依赖高精地图，可以做到接近人类司机的驾驶表现。这一服务并不收费，但必须要AD max系统的车型才能用，也就是L系列的最高配车型才有。这意味着，理想的辅助驾驶系统可以帮助品牌单车价格获得3-4万元的提升，也算是间接的卖智能驾驶包了。此外，二季度，理想还公布了品牌的第一台纯电汽车：MEGA。该车属于MPV，将于今年四季度发布。按照发布会的说法，MEGA将打破高端纯电车无爆款的现状，并成为50万以上全品类最畅销的乘用车，不论能源类型或车型。不过目前的数据，国内MPV单车的月销量冠军大多在1万台出头，MPV想超过各类豪华SUV和轿车，难度远比L系列的成绩大得多。04 隐忧：理想有裂痕吗？理想的势头，很像是2021年的特斯拉。那一年，特斯拉营收超过了500亿美元，同比大增71%，净利润达到55.2亿美元，同比大增665%，完成连续10个季度盈利。彼时的特斯拉风头正盛，几乎找不到任何弱点：销量上，特斯拉已经成为了全球第一新能源车企，价位也集中在高端。相比理想，特斯拉还有强大的技术能力，以及马斯克个人魅力加持下的独特品牌价值。几乎想不出特斯拉怎么输。然而短短一年后，特斯拉就迎来了至暗时刻。整个2022年，特斯拉的股价下滑约69%，接近7成股价蒸发，直到今天还没缓过来。那一年，特斯拉依然在高歌猛进，但速度比前两年明显慢了太多。由于疫情导致的供应链问题，各地对电动车取消补助、产能不足、以及竞争对手崛起等种种原因，2022年没有达到交付量增加50%的销量目标。特别是在中国市场。此前两年，特斯拉在中国市场的收入都以100%以上的速度暴涨着。但来到2022年，特斯拉在华营收大降至31%。远低于51%的总增速。这当然离不开中国市场对手的强劲，尤其是马斯克此前瞧不起的比亚迪。整个2022年，比亚迪卖了186.85万辆车，同比增长152.5%，一举超过特斯拉的131万辆，成为全球第一新能源车企。在中国市场，比亚迪汉和比亚迪唐严重侵蚀着特斯拉的市场空间。就连特斯拉前董事会成员也不得不承认“特斯拉第一次有了一个真正的挑战者。”眼下，理想的挑战者也不少。蔚来的月销量再次破两万，重新获得和理想坐在一张桌子的机会。长城的蓝山销量初具规模，比亚迪的腾势N8已经上市。30万以上的高端SUV的丰厚利润，已经有越来越多的品牌眼馋。汽车行业不是电力或烟草，没有绝对的位置优势。汽车也不是互联网社交，能像微信一样独占市场。这里有一个又一个虎视眈眈的对手，试图用更低的价格，更高的配置，更独特的设计来颠覆守擂者。即使强如特斯拉、理想，也不敢说高枕无忧。马斯克在去年曾经感慨：“前方有暴风雨天气，但之后会有阳光。”对理想来说，当下当然是阳光灿烂，但保不齐前面也有暴风雨。舒适区的安稳日子，还远远没有到来。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":206384582590528,"gmtCreate":1691418390201,"gmtModify":1691418391893,"author":{"id":"4135430872474840","authorId":"4135430872474840","name":"开车了滴滴滴","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4135430872474840","authorIdStr":"4135430872474840"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。</p><p>上周，<a href=\"https://laohu8.com/S/0P6N.UK\">大众集团</a>宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。</p><p>但数据显示，2023年上半年，小鹏汽车交付<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动车数量为4.14万辆，同比下滑约40%，并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是，2023年一季度，小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元，比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性，最新目标价为23.00美元。</p><p>小鹏此前发布的第一季度业绩数据看，小鹏汽车一季度实现营业收入40.3亿元，同比下降45.9%，环比下降21.5%，低于市场预期的51.94亿元。其中，公司汽车销售收入35.1亿元，同比下降49.8%，环比下降24.6%。2023年第一季度单季净亏损为23.4亿元，此前市场预估为亏损18.98亿元，同比上年同期净亏损17亿元，亏损金额扩大了37.6%。</p><p>不仅如此，小鹏的毛利率水平也受到巨大影响。2023年一季度，公司的整体毛利率暴跌至1.7%，同比降低了10.5个百分点。其中，公司的汽车毛利率更是跌至-2.5%，这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着，在整个一季度，小鹏基本处于“亏本赚吆喝”状态。</p><p>有分析师认为，从双方合作的内容上看，小鹏汽车扮演的角色更多的是“技术输出”，也可以理解成成为了大众的“代工厂”。且大众投资小鹏，并不是把所有的技术押宝在国产品牌身上，只是多方案并行而已。从全球市场来看，其他主要市场（北美、日本、德国等）对智能化的需求不高，但国内市场在这一块确实相当“卷”。跟国产新势力合作，也有助于大众在中国市场快速补齐短板。</p>\n<div>\n<div>\r\n            责任编辑：史文瑞 RF13549\r\n          </div>\n</div>\n</div></body></html>","source":"jinrongjie_highlight","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\" 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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\">\n评级遭遇下调且合作大众被指沦为“代工厂”  小鹏汽车早盘大跌近13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-31 21:44 北京时间&nbsp;&nbsp;&nbsp;<a href=https://usstock.jrj.com.cn/2023/07/31214437728505.shtml><strong>金融界</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>金融界7月31日消息，周一美股开盘，小鹏汽车未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。上周，大众集团宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。但数据显示，2023年上半年，小鹏汽车交付智能...</p>\n\n<a href=\"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2355938645","content_text":"金融界7月31日消息，周一美股开盘，小鹏汽车未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。上周，大众集团宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。但数据显示，2023年上半年，小鹏汽车交付智能电动车数量为4.14万辆，同比下滑约40%，并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是，2023年一季度，小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元，比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性，最新目标价为23.00美元。小鹏此前发布的第一季度业绩数据看，小鹏汽车一季度实现营业收入40.3亿元，同比下降45.9%，环比下降21.5%，低于市场预期的51.94亿元。其中，公司汽车销售收入35.1亿元，同比下降49.8%，环比下降24.6%。2023年第一季度单季净亏损为23.4亿元，此前市场预估为亏损18.98亿元，同比上年同期净亏损17亿元，亏损金额扩大了37.6%。不仅如此，小鹏的毛利率水平也受到巨大影响。2023年一季度，公司的整体毛利率暴跌至1.7%，同比降低了10.5个百分点。其中，公司的汽车毛利率更是跌至-2.5%，这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着，在整个一季度，小鹏基本处于“亏本赚吆喝”状态。有分析师认为，从双方合作的内容上看，小鹏汽车扮演的角色更多的是“技术输出”，也可以理解成成为了大众的“代工厂”。且大众投资小鹏，并不是把所有的技术押宝在国产品牌身上，只是多方案并行而已。从全球市场来看，其他主要市场（北美、日本、德国等）对智能化的需求不高，但国内市场在这一块确实相当“卷”。跟国产新势力合作，也有助于大众在中国市场快速补齐短板。\n\n\r\n 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href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。</p><p>上周，<a href=\"https://laohu8.com/S/0P6N.UK\">大众集团</a>宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。</p><p>但数据显示，2023年上半年，小鹏汽车交付<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>电动车数量为4.14万辆，同比下滑约40%，并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是，2023年一季度，小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元，比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性，最新目标价为23.00美元。</p><p>小鹏此前发布的第一季度业绩数据看，小鹏汽车一季度实现营业收入40.3亿元，同比下降45.9%，环比下降21.5%，低于市场预期的51.94亿元。其中，公司汽车销售收入35.1亿元，同比下降49.8%，环比下降24.6%。2023年第一季度单季净亏损为23.4亿元，此前市场预估为亏损18.98亿元，同比上年同期净亏损17亿元，亏损金额扩大了37.6%。</p><p>不仅如此，小鹏的毛利率水平也受到巨大影响。2023年一季度，公司的整体毛利率暴跌至1.7%，同比降低了10.5个百分点。其中，公司的汽车毛利率更是跌至-2.5%，这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着，在整个一季度，小鹏基本处于“亏本赚吆喝”状态。</p><p>有分析师认为，从双方合作的内容上看，小鹏汽车扮演的角色更多的是“技术输出”，也可以理解成成为了大众的“代工厂”。且大众投资小鹏，并不是把所有的技术押宝在国产品牌身上，只是多方案并行而已。从全球市场来看，其他主要市场（北美、日本、德国等）对智能化的需求不高，但国内市场在这一块确实相当“卷”。跟国产新势力合作，也有助于大众在中国市场快速补齐短板。</p>\n<div>\n<div>\r\n            责任编辑：史文瑞 RF13549\r\n          </div>\n</div>\n</div></body></html>","source":"jinrongjie_highlight","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\" 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href=https://usstock.jrj.com.cn/2023/07/31214437728505.shtml><strong>金融界</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>金融界7月31日消息，周一美股开盘，小鹏汽车未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。上周，大众集团宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。但数据显示，2023年上半年，小鹏汽车交付智能...</p>\n\n<a href=\"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://usstock.jrj.com.cn/2023/07/31214437728505.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2355938645","content_text":"金融界7月31日消息，周一美股开盘，小鹏汽车未能延续上周强势表现，股价大幅下调。截止发稿，小鹏汽车股价下跌12.96%报20.35美元，市值176亿美元。上周，大众集团宣布向小鹏增资约7亿美元（约合50亿元人民币），持有后者4.99%的股份，双方约定将于2026年在中国市场共同开发大众品牌电动车，；受该消息刺激推动，小鹏汽车上周累计上涨60.65%。但数据显示，2023年上半年，小鹏汽车交付智能电动车数量为4.14万辆，同比下滑约40%，并且在中国造车新势力品牌中由第一位跌至第七位。需要提出的是，2023年一季度，小鹏汽车现金及现金等价物、受限制现金、短期投资及定期存款为341.2亿元，比起2022年底的382.5亿元的现金储备缩水约41亿元。同时7月31日UBS将小鹏汽车评级从买入下调评级为中性，最新目标价为23.00美元。小鹏此前发布的第一季度业绩数据看，小鹏汽车一季度实现营业收入40.3亿元，同比下降45.9%，环比下降21.5%，低于市场预期的51.94亿元。其中，公司汽车销售收入35.1亿元，同比下降49.8%，环比下降24.6%。2023年第一季度单季净亏损为23.4亿元，此前市场预估为亏损18.98亿元，同比上年同期净亏损17亿元，亏损金额扩大了37.6%。不仅如此，小鹏的毛利率水平也受到巨大影响。2023年一季度，公司的整体毛利率暴跌至1.7%，同比降低了10.5个百分点。其中，公司的汽车毛利率更是跌至-2.5%，这是小鹏近三年以来首次出现负的汽车毛利率。这也意味着，在整个一季度，小鹏基本处于“亏本赚吆喝”状态。有分析师认为，从双方合作的内容上看，小鹏汽车扮演的角色更多的是“技术输出”，也可以理解成成为了大众的“代工厂”。且大众投资小鹏，并不是把所有的技术押宝在国产品牌身上，只是多方案并行而已。从全球市场来看，其他主要市场（北美、日本、德国等）对智能化的需求不高，但国内市场在这一块确实相当“卷”。跟国产新势力合作，也有助于大众在中国市场快速补齐短板。\n\n\r\n 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