{"id":817291,"date":"2026-07-24T22:24:19","date_gmt":"2026-07-24T14:24:19","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=817291"},"modified":"2026-07-24T22:24:19","modified_gmt":"2026-07-24T14:24:19","slug":"%e7%89%b9%e6%96%af%e6%8b%89%e7%a9%ba%e5%a4%b4%e5%a4%a7%e8%b5%9a%e8%bf%9190%e4%ba%bf%e7%be%8e%e5%85%83%ef%bc%81%e5%a4%9a%e5%ae%b6%e6%9c%ba%e6%9e%84%e4%b8%8b%e8%b0%83%e7%89%b9%e6%96%af%e6%8b%89%e7%9b%ae","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=817291","title":{"rendered":"\u7279\u65af\u62c9\u7a7a\u5934\u5927\u8d5a\u8fd190\u4ebf\u7f8e\u5143\uff01\u591a\u5bb6\u673a\u6784\u4e0b\u8c03\u7279\u65af\u62c9\u76ee\u6807\u4ef7"},"content":{"rendered":"<p><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/105.TSLA\" data-code=\"TSLA|105|7\" data-code2=\"TSLA|105|1|\" target6=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" src=\"https:\/\/webquoteklinepic.eastmoney.com\/GetPic.aspx?nid=105.TSLA&imageType=k&token=28dfeb41d35cc81d84b4664d7c23c49f&at=1\" border=\"0\" data-code=\"K TSLA|105|7\" data-code2=\"K TSLA|105|1|\" style=\" display:block; margin-left:auto; margin-right:auto; \" width=\"578\" height=\"276\" alt=\"\u7279\u65af\u62c9\u7a7a\u5934\u5927\u8d5a\u8fd190\u4ebf\u7f8e\u5143\uff01\u591a\u5bb6\u673a\u6784\u4e0b\u8c03\u7279\u65af\u62c9\u76ee\u6807\u4ef7\" \/><\/a><\/p>\n<p>\u7f8e\u4e1c\u65f6\u95f47\u670823\u65e5\uff0c<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/105.TSLA\" data-code=\"105,TSLA\" rel=\"noopener\">\u7279\u65af\u62c9<\/a><\/span><span><\/span>\u80a1\u4ef7\u66b4\u8dcc\u903e14%\uff0c\u521b\u4e0b\u4e00\u5e74\u591a\u6765\u6700\u5927\u5355\u65e5\u8dcc\u5e45\uff0c\u81f4\u4f7f<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%81%9a%e7%a9%ba\" title=\"View all posts in \u505a\u7a7a\" target=\"_blank\" class=\"tag_link\">\u505a\u7a7a<\/a>\u8005\u5355\u65e5\u8d26\u9762\u6d6e\u76c8\u7ea641\u4ebf\u7f8e\u5143\u3002\u81f3\u6b64\uff0c\u5e74\u5185<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/105.TSLA\" data-code=\"105,TSLA\">\u7279\u65af\u62c9<\/span>\u7d2f\u8ba1\u4e0b\u8dcc\u8fd1\u4e09\u6210\uff0c\u505a\u7a7a\u8005\u8d26\u9762\u6536\u76ca\u5408\u8ba1\u9ad8\u8fbe\u7ea690\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u673a\u6784\u8ba4\u4e3a\uff0c<span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/105.TSLA\" data-code=\"105,TSLA\">\u7279\u65af\u62c9<\/span>\u4e8c\u5b63\u5ea6\u6838\u5fc3\u8d22\u52a1\u6570\u636e\u4e0d\u53ca\u9884\u671f\u662f\u5f15\u53d1\u5176\u80a1\u4ef7\u66b4\u8dcc\u7684\u5bfc\u706b\u7d22\uff0c\u5305\u62ec<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/106.MS\" data-code=\"106,MS\" rel=\"noopener\">\u6469\u6839\u58eb\u4e39\u5229<\/a><\/span><span><\/span>\u5728\u5185\u7684\u591a\u5bb6\u673a\u6784\u968f\u4e4b\u4e0b\u8c03\u4e86\u8be5\u80a1\u76ee\u6807\u4ef7\u3002\u4e0d\u8fc7\uff0c\u201c\u6728\u5934\u59d0\u201d\u51ef\u831c\u00b7\u4f0d\u5fb7\u5374\u5728\u7279\u65af\u62c9\u66b4\u8dcc\u5f53\u65e5\u5bf9\u5176\u9006\u52bf\u52a0\u4ed316\u4e07\u80a1\uff0c\u4ea4\u6613\u4ef7\u503c\u8d85\u8fc75000\u4e07\u7f8e\u5143\u3002<\/p>\n<p><strong>\u505a\u7a7a\u8005\u5e74\u5185\u83b7\u76ca\u8fd190\u4ebf\u7f8e\u5143<\/strong><\/p>\n<p>\u7f8e\u4e1c\u65f6\u95f47\u670823\u65e5\uff0c\u7279\u65af\u62c9\u80a1\u4ef7\u906d\u9047\u903e\u4e00\u5e74\u6765\u6700\u731b\u70c8\u629b\u552e\uff0c\u76d8\u4e2d\u4e00\u5ea6\u66b4\u8dcc15.6%\u81f3315.735\u7f8e\u5143\uff0c\u6700\u7ec8\u6536\u8dcc14.52%\u3002\u636eS3 Partners\u8463\u4e8b\u603b\u7ecf\u7406Ihor Dusaniwsky\u6d4b\u7b97\uff0c\u6b64\u8f6e\u629b\u552e\u4ee4\u505a\u7a7a\u8005\u5355\u65e5\u6309\u5e02\u503c\u8ba1\u7b97\u7684\u8d26\u9762\u6536\u76ca\u7ea6\u8fbe41.2\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u622a\u81f37\u670823\u65e5\uff0c\u7279\u65af\u62c9\u4eca\u5e74\u4ee5\u6765\u4e0b\u8dcc28.91%\uff0c\u5728\u7f8e\u80a1\u201c\u4e03\u5de8\u5934\u201d\u4e2d\u8868\u73b0\u57ab\u5e95\u3002\u636e\u6d4b\u7b97\uff0c\u7279\u65af\u62c9\u505a\u7a7a\u8005\u4eca\u5e74\u4ee5\u6765\u7684\u8d26\u9762\u6536\u76ca\u7d2f\u8ba1\u7ea6\u8fbe89.2\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u7279\u65af\u62c9\u5728\u7f8e\u80a1\u201c\u4e03\u5de8\u5934\u201d\u4e2d\u505a\u7a7a\u6bd4\u4f8b\u9ad8\u5c45\u699c\u9996\u3002S3 Partners\u6570\u636e\u663e\u793a\uff0c\u76ee\u524d\u7ea63%\u7684\u7279\u65af\u62c9\u6d41\u901a\u80a1\u88ab\u505a\u7a7a\uff0c\u800c\u6392\u540d\u7b2c\u4e8c\u7684Meta\u4ec5\u67091.6%\u3002<\/p>\n<p>\u7535\u5f71\u300a\u5927\u7a7a\u5934\u300b\u539f\u578b\u3001\u77e5\u540d<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%af%b9%e5%86%b2%e5%9f%ba%e9%87%91\" title=\"View all posts in \u5bf9\u51b2\u57fa\u91d1\" target=\"_blank\" class=\"tag_link\">\u5bf9\u51b2\u57fa\u91d1<\/a>\u7ecf\u7406\u8fc8\u514b\u5c14\u00b7\u5df4\u91cc\u4e5f\u662f\u7279\u65af\u62c9\u7684\u505a\u7a7a\u8005\u4e4b\u4e00\u30026\u670830\u65e5\uff0c\u5df4\u91cc\u5728Substack\u5e73\u53f0\u53d1\u6587\u79f0\uff0c\u4ed6\u5df2\u5bf9\u7279\u65af\u62c9\u5efa\u7acb\u4e86\u7a7a\u5934\u5934\u5bf8\uff0c\u505a\u7a7a\u4ef7\u683c\u4e3a\u6bcf\u80a1416.22\u7f8e\u5143\u3002<\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u5c31\u5728\u7279\u65af\u62c9\u80a1\u4ef7\u66b4\u8dcc\u76847\u670823\u65e5\uff0c\u65b9\u821f<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a>\u638c\u95e8\u4eba\u3001\u201c\u6728\u5934\u59d0\u201d\u51ef\u831c\u00b7\u4f0d\u5fb7\u5374\u5bf9\u8be5\u80a1\u5927\u4e3e\u6284\u5e95\u3002\u6570\u636e\u663e\u793a\uff0c\u65b9\u821f\u6295\u8d44\u5f53\u65e5\u901a\u8fc7ARK<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%88%9b%e6%96%b0\" title=\"View all posts in \u521b\u65b0\" target=\"_blank\" class=\"tag_link\">\u521b\u65b0<\/a>ETF\u3001ARK\u81ea\u4e3b\u6280\u672f\u4e0e<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/0.300024\" data-code=\"0,300024\" rel=\"noopener\">\u673a\u5668\u4eba<\/a><\/span><span><\/span>ETF\u3001ARK\u4e0b\u4e00\u4ee3\u4e92\u8054\u7f51ETF\u4ee5\u53caARK\u592a\u7a7a\u4e0e\u56fd\u9632\u521b\u65b0ETF\u5408\u8ba1\u8d2d\u5165\u4e8616\u4e07\u80a1\u7279\u65af\u62c9\u80a1\u7968\uff0c\u4ef7\u503c\u4e3a5120\u4e07\u7f8e\u5143\u3002<\/p>\n<p><strong>\u591a\u5bb6\u673a\u6784\u4e0b\u8c03\u7279\u65af\u62c9\u76ee\u6807\u4ef7<\/strong><\/p>\n<p>\u591a\u5bb6\u673a\u6784\u5c06\u7279\u65af\u62c97\u670823\u65e5\u7684\u66b4\u8dcc\u5f52\u548e\u4e8e\u5176\u7b2c\u4e8c\u5b63\u5ea6\u8d22\u62a5\u4e0d\u8fbe\u9884\u671f\u3002\u6700\u65b0\u62ab\u9732\u7684\u8d22\u62a5\u663e\u793a\uff0c\u7279\u65af\u62c9\u7b2c\u4e8c\u5b63\u5ea6\u8c03\u6574\u540eEBITDA\u4e3a32.73\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d4%\uff1b\u8c03\u6574\u540eEBITDA\u7684\u5229\u6da6\u7387\u4e3a11.6%\uff0c\u540c\u6bd4\u4e0b\u964d3.53\u4e2a\u767e\u5206\u70b9\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u7279\u65af\u62c9\u4e8c\u5b63\u5ea6\u8c03\u6574\u540e\u6bcf\u80a1\u6536\u76ca\u540c\u6bd4\u4e0b\u964d18%\u81f30.33\u7f8e\u5143\uff0c\u8fdc\u4f4e\u4e8e\u9884\u4f30\u76840.51\u7f8e\u5143\u3002\u6b64\u5916\uff0c\u516c\u53f8\u4e24\u5e74\u591a\u6765\u9996\u6b21\u51fa\u73b0\u5b63\u5ea6\u8d1f\u81ea\u7531\u73b0\u91d1\u6d41\u3002<\/p>\n<p><span web=\"1\"  target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/106.MS\" data-code=\"106,MS\"><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%91%a9%e6%a0%b9%e5%a3%ab%e4%b8%b9%e5%88%a9\" title=\"View all posts in \u6469\u6839\u58eb\u4e39\u5229\" target=\"_blank\" class=\"tag_link\">\u6469\u6839\u58eb\u4e39\u5229<\/a><\/span>\u5206\u6790\u5e08Andrew Percoco\u5c06\u7279\u65af\u62c9\u7684\u76ee\u6807\u4ef7\u4ece417\u7f8e\u5143\u4e0b\u8c03\u81f3400\u7f8e\u5143\uff0c\u7ef4\u6301\u6301\u6709\u8bc4\u7ea7\u3002\u8be5\u5206\u6790\u5e08\u8ba4\u4e3a\uff0c\u5e02\u573a\u9700\u8981\u770b\u5230\u6295\u8d44\u4ea7\u751f\u56de\u62a5\u7684\u5b9e\u8d28\u6027\u8bc1\u636e\u2014\u2014\u5373Robotaxi\u7f51\u7edc\u5b9e\u73b0\u89c4\u6a21\u5316\u8fd0\u8425\u5e76\u5c55\u793a\u51fa\u5b89\u5168\u6027\u6539\u5584\uff0c\u4ee5\u53caOptimus\u5546\u7528\u5316\u7684\u5207\u5b9e\u8fdb\u5c55\u3002\u82e5\u7f3a\u4e4f\u900f\u660e\u3001\u53ef\u9a8c\u8bc1\u7684\u63a8\u8fdb\u8282\u70b9\uff0c\u5e02\u573a\u5bf9\u589e\u91cf\u8d44\u672c\u5f00\u652f\u7684\u5bb9\u5fcd\u5ea6\u5c06\u4f1a\u6536\u7a84\u3002<\/p>\n<p>Truist\u5206\u6790\u5e08William Stein\u5c06\u7279\u65af\u62c9\u7684\u76ee\u6807\u4ef7\u4ece430\u7f8e\u5143\u5927\u5e45\u4e0b\u8c03\u81f3370\u7f8e\u5143\uff0c\u7ef4\u6301\u6301\u6709\u8bc4\u7ea7\u3002Stein\u8868\u793a\uff0c\u7279\u65af\u62c9\u4ece\u8f66\u4f01\u5411AI\u516c\u53f8\u8f6c\u578b\u7684\u8ff9\u8c61\u5df2\u6108\u53d1\u660e\u663e\uff0c\u800c\u8f6c\u578b\u7684\u6210\u672c\u6b63\u5728\u663e\u8457\u62d6\u7d2f\u5229\u6da6\u7387\u4e0e\u73b0\u91d1\u6d41\u6307\u6807\uff0c\u4e14\u8fd9\u4e9b\u652f\u51fa\u5bf9\u76c8\u5229\u7684\u4fb5\u8680\u53ef\u80fd\u6bd4\u9884\u671f\u6301\u7eed\u66f4\u4e45\u3002\u4ed6\u9884\u8ba1\uff0c\u7279\u65af\u62c9\u81ea\u7531\u73b0\u91d1\u6d41\u57282026\u5e74\u5269\u4f59\u65f6\u95f4\u5185\u5c06\u6301\u7eed\u4e3a\u8d1f\u3002<\/p>\n<p>\u52a0\u7687\u8d44\u672c\u5e02\u573a\u5c06\u7279\u65af\u62c9\u7684\u76ee\u6807\u4ef7\u4ece450\u7f8e\u5143\u4e0b\u8c03\u81f3410\u7f8e\u5143\uff0c\u964d\u5e45\u7ea69%\u3002\u5206\u6790\u5e08Tom Narayan\u8868\u793a\uff0c\u964d\u4ef7\u4fc3\u9500\u662f\u7279\u65af\u62c9\u4e8c\u5b63\u5ea6\u4ea4\u4ed8\u91cf\u521b\u65b0\u9ad8\u7684\u4e3b\u8981\u63a8\u624b\uff0c\u4f46<span><a target=\"_blank\" href=\"http:\/\/quote.eastmoney.com\/unify\/r\/90.BK1211\" data-code=\"90,BK1211\" rel=\"noopener\">\u6c7d\u8f66<\/a><\/span><span><\/span>\u4e1a\u52a1\u5229\u6da6\u7387\u56e0\u6b64\u660e\u663e\u6536\u7f29\u3002\u5c3d\u7ba1\u516c\u53f8\u8425\u6536\u540c\u6bd4\u589e\u957f26%\uff0c\u76c8\u5229\u80fd\u529b\u7684\u4e0b\u6ed1\u62b5\u6d88\u4e86\u9500\u91cf\u589e\u957f\u5e26\u6765\u7684\u6b63\u9762\u6548\u5e94\u3002<\/p>\n<p>\u603b\u4f53\u6765\u770b\uff0c\u7279\u65af\u62c9\u8d22\u62a5\u4e2d\u663e\u73b0\u7684AI\u8f6c\u578b\u6210\u672c\u5bf9\u5229\u6da6\u548c\u73b0\u91d1\u6d41\u7684\u4fb5\u8680\uff0c\u662f\u4fc3\u4f7f\u4e0a\u8ff0\u673a\u6784\u96c6\u4f53\u4e0b\u8c03\u76ee\u6807\u4ef7\u7684\u5173\u952e\u539f\u56e0\u3002<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/acttg.eastmoney.com\/pub\/xxlout_khmbdfcfappnew_random_0007467a\" rel=\"noopener\"><img src=\"https:\/\/np-newspic.dfcfw.com\/download\/D25437144255738497376_w690h389.jpg\" alt=\"\u7279\u65af\u62c9\u7a7a\u5934\u5927\u8d5a\u8fd190\u4ebf\u7f8e\u5143\uff01\u591a\u5bb6\u673a\u6784\u4e0b\u8c03\u7279\u65af\u62c9\u76ee\u6807\u4ef7\" style=\" display:block; margin-left:auto; margin-right:auto; \" \/><\/a><\/p>\n<p>(\u6765\u6e90:\u5929\u5929\u57fa\u91d1\u7f51)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u4e1c\u65f6\u95f47\u670823\u65e5\uff0c\u7279\u65af\u62c9\u80a1\u4ef7\u66b4\u8dcc\u903e14%\uff0c\u521b\u4e0b\u4e00\u5e74\u591a\u6765\u6700\u5927\u5355\u65e5\u8dcc\u5e45\uff0c\u81f4\u4f7f\u505a\u7a7a\u8005\u5355\u65e5\u8d26\u9762\u6d6e\u76c8\u7ea641\u4ebf\u7f8e\u5143\u3002\u81f3\u6b64 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[232],"tags":[368,252,80,241,161,113],"views":4,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/817291"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=817291"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/817291\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=817291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=817291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=817291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}