原文标题：
Elon Musk Weighs In on the Global Chip Shortage in One Twitter
伊隆·马斯克（Elon Musk）在一个Twitter中称全球芯片短缺
原文连结：
https://reurl.cc/9ZaKGV
发布时间：
Updated April 8, 2021 11:17 am ET / Original April 8, 2021 10:45 am ET
原文内容：
The global automotive supply chain has been roiled in 2021 by an unusual
microchip shortage. Everyone is talking about it, from Wall Street analysts
to auto makers
GM’s Earnings Outlook Underwhelmed. Why Wall Street Still Likes the Stock.
General Motors beat Wall Street's fourth-quarter earnings estimates, but 2021
guidance left a little to be desired. Analysts, however, are still bullish on
GM stock, focusing on EV investment plans
Continue reading to auto suppliers. Even auto dealers are talking about the
impact of the shortage on their businesses.
Everyone is talking about it, that is, except Tesla (ticker: TSLA). The
electric-vehicle maker is notoriously tight-lipped about almost everything.
CEO Elon Musk isn’t, though, and a Thursday tweet seems to indicate that
things might be going better for Tesla than for its rivals. That could show
up in Tesla’s second-quarter earnings, which are due in late April.
https://twitter.com/elonmusk/status/1380093374833729537
It wasn’t a long or controversial tweet. Just one that thanked suppliers for
getting Tesla critical parts. “This could be important,” Tesla investor
Gary Black tells Barron’s. Black is a former Wall Street analyst and former
executive at Goldman Sachs Asset Management. He is an important voice on
Tesla stock, and more than 71,000 Twitter followers listen to his views on
the EV industry. The tweet means “either that 1Q results weren’t impacted
by the chip shortage, or that issues holding back production [and] deliveries
of new S/X resolved,” Black says.
https://twitter.com/garyblack00/status/1380124149809618948
Tesla produced zero Model S and X vehicles in the first quarter. Both
vehicles are due for a product “refresh”—an upgrade in looks, features,
and interiors. The refresh might have affected production, or the company may
have simply allocated a limited number of chips to higher-volume models.
Reduced production and product prioritization aren’t surprises. General
Motors (GM) and Ford Motor (F) have already called the chip shortage a
billion-dollar headwind to 2021 profits. GM and Ford—along with a host of
other auto makers, including Chinese EV maker NIO (NIO)—have seen production
impacted by a lack of parts.
Black believes Musk’s tweet is a bullish sign, but he qualifies as a Tesla
bull. He’s owned the stock for long stretches and has a $960 price target
for shares. Morgan Stanley analyst Adam Jonas is also a bull, rating shares
Buy with an $880 price target. He weighed into the parts-shortage debate
Thursday with another take: Tesla might be a beneficiary of recent
developments, but they aren’t the only one.
He sees far wider-ranging impacts from the chip shortage than just reduced
production. “We are seeing levels of light vehicle inventory tightness that
goes beyond anything we have ever seen,” wrote Jonas in a Wednesday evening
report. Both used- and new-car pricing are getting a huge boost from a lack
of cars. Dealers are telling Jonas many vehicles are selling at “list plus”
pricing.
And Jonas sees the positive effects of the shortage stretching into 2022.
This year “is a year of contained volume and strong price/mix,” writes the
analyst, adding that “2022 is setting up to be a year of satiated volume
[and] pent up demand.”
Positives outweighing negative might be one reason GM and Ford stocks are on
fire. Both are up more than 40% year to date, easily beating the comparable
returns of the S&P 500 and Dow Jones Industrial Average.
Tesla shares, however, aren’t doing nearly as well. The stock is down
roughly 4% year to date and 25% from its January 52-week high. Solving the
chip shortage problem faster than other auto makers might help Tesla stock
make up some recent lost ground.
Tesla stock was up 2.6%, at $688.50, in recent trading. The S&P 500 was up
0.3%.
机翻如下：
2021年，全球汽车供应链已经被异常的微芯片短缺所搅乱。从华尔街分析师到汽车制造商
，每个人都在谈论这个问题。
通用汽车的盈利前景不乐观。为什么华尔街还是喜欢这只股票。
通用汽车第四季度盈利超出了华尔街的预期，但2021年的指导意见却有些不尽如人意。不
过，分析师仍看好通用汽车股票，重点关注电动车投资计画。
继续阅读到汽车供应商。甚至汽车经销商也在谈论短缺对其业务的影响。
每个人都在谈论它，那是，除了特斯拉（股票代码：TSLA）。这家电动车制造商几乎对所
有事情都讳莫如深。但首席执行官埃隆-马斯克(Elon Musk)并不如此，周四的一条推文似
乎表明，特斯拉的情况可能比其竞争对手要好。这可能会显示在特斯拉的第二季度财报中
，该财报将于4月底发布。
这不是一条长长的或有争议的推特。只是一条感谢供应商为特斯拉提供关键零部件的推文
。"这可能很重要，"特斯拉投资者加里-布莱克（Gary Black）告诉《巴伦周刊》。布莱
克是前华尔街分析师、高盛资产管理公司前高管。他是特斯拉股票的重要声音，超过7.1
万名Twitter粉丝倾听他对电动车行业的看法。布莱克表示，这条推文意味着 "要么1季度
业绩没有受到芯片短缺的影响，要么是阻碍新S/X生产（和）交付的问题得到解决"。
特斯拉在第一季度生产的Model S和X汽车为零。这两款车都将进行产品 "刷新"