尽管欧洲各大市场的电动车渗透率持续提高，特斯拉却未能同步受益。在法国，电动车市场份额11月大 涨9个百分点至26%，但特斯拉却逆势下跌。在西班牙，特斯拉11月注册量下降8.7%。作为欧洲最大汽 车市场的德国，纯电动车注册量在今年前10个月激增39%，但特斯拉同期销量却暴跌50%，远逊竞争对 手。 分析指出，特斯拉注册量疲弱的原因包括产品线老化、新车型更新周期拉长，以及CEO马斯克引发的政 治地震，例如他对德国极右翼政党AfD的公开支持，以及其在特朗普政府中的活动。这些因素削弱部分 欧洲消费者对品牌的好感。 截至周一收盘，特斯拉股价几乎无变化，报430.14美元。 与此同时，特斯拉与欧洲监管机构在驾驶辅助系统"完全自动驾驶(FSD)"的安全性和宣传问题上持续对 峙，也进一步影响其市场表现。 智通财经APP获悉，11月，特斯拉(TSLA.US)在欧洲主要市场的销量下滑进一步恶化，即便多国电动车 需求强劲增长，也未能阻止这家由马斯克掌舵的公司在欧洲的市场份额继续流失。 在整个欧洲下行趋势中，挪威成为罕见的例外。特斯拉11月在挪威的注册量暴增175%，部分原因是当 地关于未来电动车税收优惠政策的不确定性，促使消费者提 ...

Core Viewpoint - Tesla is set to announce its Q2 earnings after the market closes, with analysts expressing mixed views on the stock, anticipating a significant decline in share price based on recent delivery figures that fell short of expectations [1][2]. Group 1: Earnings Expectations - Analysts expect Tesla's Q2 total revenue to decline by 10% year-over-year to $22.9 billion, with adjusted earnings per share projected to drop nearly 20% to $0.43 [2]. - The focus of investors and analysts is less on the actual Q2 performance and more on the outlook and technological guidance that CEO Elon Musk will provide during the earnings call [2][3]. Group 2: Analyst Opinions - There is a stark divide among Wall Street analysts regarding Tesla's valuation, with UBS maintaining a bearish target price of $215, while Wedbush sets a bullish target at $500, highlighting the significant disparity in outlooks [3][4]. - JPMorgan holds the most pessimistic view with a target price of $115, citing risks related to Tesla's annual performance outlook and declining delivery volumes [3]. Group 3: Market Sentiment and Stock Performance - Among 17 major Wall Street investment firms tracked by Visible Alpha, 8 have a "buy" rating on Tesla, 5 a "hold," and 4 a "sell," with an average target price slightly below $300, indicating a potential decline from the current stock price [5]. - Tesla's stock has dropped nearly 20% since the beginning of the year, making it the worst performer among the "Magnificent 7" tech giants [5]. Group 4: Technological Developments - Tesla's Robotaxi service is currently undergoing small-scale testing in Austin, Texas, with plans to expand its fleet and operations, which is seen as a critical component for the company's long-term growth narrative [6][7]. - Morgan Stanley remains bullish on Tesla, maintaining a target price of $410, driven by expectations of widespread adoption of the FSD system and the potential of the Robotaxi network [7]. Group 5: Future Market Potential - Cathie Wood from ARK Invest predicts that Tesla's stock could reach $2,600 within five years, attributing most of its value to the Robotaxi business, which could dominate the autonomous taxi market projected to reach $10 trillion by 2030 [8].

Group 1 - The French consumer affairs and fraud department has ordered Tesla to stop misleading advertising regarding its autonomous driving capabilities, threatening fines of up to €50,000 per day if compliance is not met [1][2] - The investigation revealed that Tesla engaged in deceptive commercial practices, including misleading claims about "full self-driving" capabilities and failing to provide clear delivery dates and refund policies [1][2] - Tesla's sales in France have significantly declined, with a reported 67% year-over-year drop in May 2023, attributed partly to consumer backlash against Elon Musk's political stance [2] Group 2 - The investigation in France coincides with ongoing inquiries by the U.S. National Highway Traffic Safety Administration (NHTSA) into Musk's claims about Tesla's "Autopilot" and "Full Self-Driving" systems, which still require driver attention [2] - Some Tesla owners are suing the company to terminate their vehicle leases, claiming that Musk's political activities have turned their cars into symbols of far-right ideology [2]