SpaceX上市倒计时，特斯拉(TSLA.US)“马斯克溢价”面临再分配

Core Viewpoint - Elon Musk is presenting a future vision involving autonomous vehicles, humanoid robot assistants, and life on Mars, with Tesla (TSLA.US) stock being the primary investment avenue for this vision [1] Group 1: Tesla Stock Performance - Tesla's stock reached a new high for the year, rising approximately 20% over the past four weeks and 111% since its low on April 8 due to tariff policy fears [1] - The current price-to-earnings (P/E) ratio for Tesla is 214, ranking second among S&P 500 constituents, significantly higher than Palantir Technologies' 178 [1] Group 2: Investor Sentiment and Valuation Concerns - Some investors express skepticism about Tesla's high valuation, citing poor fundamentals and declining sales and profits amid increased regulatory scrutiny [5][6] - Optimists believe Tesla has significant growth potential in autonomous driving and AI, projecting earnings growth of 30% to 35% over the next two to three years [6] Group 3: SpaceX IPO Impact - SpaceX is expected to go public next year with a valuation of $800 billion, potentially creating selling pressure on Tesla stock as some investors may shift their focus to SpaceX [4] - Conversely, the high-profile IPO of SpaceX could attract new investors to Tesla, as historical trends suggest that milestones achieved by Musk's companies often boost market sentiment for others [5] Group 4: Long-term Outlook - Despite short-term valuation concerns, many investors believe Tesla remains a worthwhile investment due to its potential in automation and robotics [7] - The long-term vision of Mars exploration and advancements in robot technology may take years to materialize, but the impact could be significant within three to five years [7]