华尔街空头发出警告，机构却在偷偷做这件事

Group 1 - The core viewpoint emphasizes that market analysts often react to events after they have occurred, and valuable insights come from data that has not yet been fully digested by the market [3][4] - Morgan Stanley analysts set a target price of $115 for Tesla, citing a shrinking European market and unclear U.S. policies, but these factors are already reflected in the stock price [3] - The article highlights a phenomenon where institutional investors often exit the market before significant downturns, relying on quantitative analysis of trading behaviors [4] Group 2 - The article discusses the misconception among retail investors who panic and sell during market downturns, while institutional investors may be quietly accumulating shares [8] - It illustrates the importance of quantitative data in investment decisions, comparing it to a night vision device that helps see through market fog [9] - The case of Tesla serves as a reminder that while warnings from Wall Street should be taken seriously, the focus should be on underlying data trends, such as delivery declines and competitive pressures [11]