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benzinga.com
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Tesla Bull Says EV Giant's Q1 Delivery Shortfall Is Not Due To Elon Musk's Political Comments And DOGE: 'Republicans Are Likely Thrilled' - Tesla (NASDAQ:TSLA)

1. Gary Black highlights a misinterpretation of Tesla's delivery shortfall by the media. 2. Shortfall attributed to buyers delaying Model Y purchases for a refreshed version. 3. Musk's political comments may not be the primary cause as suggested. 4. California sales dropped by 12%, raising concerns about EV market dynamics. 5. Future delivery numbers may improve with the launch of refreshed Model Y.

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FAQ

Why Neutral?

The shortfall is seen as a timing issue rather than a market decline. Similar previous instances led to temporary price corrections followed by recovery.

How important is it?

While the misinterpretation is significant, the real delays are market-sensitive. The impact of new models on sales could buffer investor sentiment.

Why Short Term?

Immediate sales impact is noted, but the launch of refreshed models can quickly shift sentiment. Historical evidence shows new model launches often lead to positive sales spikes.

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