Will hybrid cars win a landslide victory over EVs in 2024? Analysts recommend Tesla short sale
While sales of electric vehicles (EVs) are sluggish than expected, in order to meet consumer demand and avoid expensive penalties related to the federal government's fuel efficiency and emissions regulations,More and more companies are focusing more and more on hybrid vehicles。
According to Edmunds, from January to November 2023, the conventional model represented by the Toyota PriusHybrid electric vehicles (HEVs) are growing at a pace that exceeds all electric vehiclesThen, it accounted for 8.3% of US car sales. This market share is compared to the same period last year2.8 pointsincrease. EVs accounted for 6.9% compared to the same period last year1.7 pointsincrease.
Morgan Stanley was at the beginning of this month $Toyota Motor(7203.JP$、 $Honda Motor(7267.JP$Hyundai Motor Company, including Kia Motors, is the total sales volume of hybrid vehicles in the USIt accounts for 90%I made that clear.
The transition to electric vehicles will take time, but hybrids and plug-in hybrids play an equally important role in short- and medium-term goals,” said Eric Watson, Kia America's vice president in charge of sales.
If you compare, hybrid carsThe price is low, anxiety about cruising range, lack of charging infrastructure, etc.Resolve various anxieties associated with EV carsYou can do it. According to Edmunds, what is the average price of a hybrid car this year$42,381. This is EV's$59,400, PHEV's$60,700, conventional$44,800をIt's below。
Toni Sacconaghi, a well-known financial analyst at Bernstein, said $Tesla(TSLA.US$IsBest short selling targets in 2024I pointed out that. Tesla's rating is “sold,” and the target stock price is 150 dollars, which means a drop of about 40% from the current level.
Currently, Tesla's short sales are stillHigh standardsSo, many investors are betting on falling stock prices. According to the latest data from S3 Partners, approximately 18.63 billion dollars, equivalent to 3.03% of Tesla's total floating shares, are being sold short by investors. This short sale balance remains at the highest level in the world.
Mr. Sacconaghi is from the electric vehicle marketDemand is slowingbutIt could lead to deeper price cuts, from a Chinese rivalCompetitive pressure is also increasingI warned you. Also, he said that Wall Street analysts will be Tesla's within the next few monthsNumber of cars delivered in the short termYaLower earnings forecastsThere is a possibility, and that isFurther pressure on overvalued stock pricesI added that there is a possibility.
Furthermore, tax credits for some Tesla modelsHalved from next yearIt will be done. Tax credits have contributed greatly to Tesla's sales growth. This would be disadvantageous for Tesla buyers,It also has an impact on stock pricesIt's possible.
Meanwhile, financial services company Piper Sandler said that the electric vehicle sectorIt may be doing better than expectedIt was emphasized. The company updated its electric vehicle sales forecast in response to widespread views that EVs are facing demand issues. “According to the new forecast, the spread of EVs is expected to slow slightly between now and 2030,There is no change in long-term predictionsWe need to be careful about that,” Alexander Potter pointed out.
“The automotive sectorEventually 100% EV penetration rateWe think it will be achieved, and I cannot agree with the view that EV demand is nearing exhaustion,” he added. What is the penetration rate of electric vehicles26% in 2025It has reached,60% in 2030It is expected that it will reach What should be noted is that EV experts $Tesla(TSLA.US$、 $BYD Company ADR(BYDDY.US$、 $Rivian Automotive(RIVN.US$Market share predictions such as these are extremely optimistic, and these are supporting the rise in the EV penetration rate.
Also, Goldman SachsSustained drop in battery prices boosts electric vehicle salesExpected. From 2022 to 2025, battery prices will be40%has also declined, and battery prices will also fall by 2030$72/kWhIt is predicted that it will fall to As a result, EVs will be ready by mid-decadeCosts equivalent to fuel vehicles can be achieved without subsidiesIt became like this,Boosting EV salesIt is said there is a possibility
“There is a possibility that lower battery costs will increase the price competitiveness of EVs and expand the range of consumers who are willing to buy them,” Goldman Sachs said.
This article uses automatic translation for some of its parts
Source: Goldman Sachs, CNBC, Edmunds, SeekingAlpha
ー MooMoo News Sherry
Source: Goldman Sachs, CNBC, Edmunds, SeekingAlpha
ー MooMoo News Sherry
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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pinkotu : Can batteries be made under China's rare export restrictions? I think it's 2040, not 2030. Heating is necessary in the northern hemisphere, so what do we do about large numbers of vehicles running out of battery due to traffic jams? There are a lot of issues
ラック投資家 : At some point, EVs will become mainstream.
I think people who want to short sell Tesla should short sell it
181338057犬心久美子 : First, how far can the world advance EV car infrastructure? It will take a considerable amount of time and cost for charging stations to become possible even in rural areas,
, so if it's a hybrid
, and it seems that battery life will be shortened.
In the process of building an EV car, the CO2 concentration is higher than that of a regular car. After that, irrigate even the flood damage fenders, etc.
Can you stand the underpass puddle?
Driving while worrying about remaining battery while driving is stressful
You can drive depending on the situation. Personally
I like Tesla though
Fast charging is expensive
pinkotu ラック投資家: EVs will eventually become mainstream
That's going to happen
However, other car manufacturers really
I don't think development has been delayed.
The latecomer engine has an advantage in this car
pinkotu : When magnesium batteries are made
China's embargo is coming to an end
Magnesium is a component in the sea
They are inexhaustible.