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Benzinga
Benzinga
Business
Chris Katje

Tesla Stock Falls After 'Monster Delivery Number,' Gene Munster Knows The Reasons Why

Gene Munster Deepwater Asset Management Tesla Inc. Elon Musk
Indianapolis,-,February,28,,2025:,Tesla,Ev,Electric,Vehicle,Service

Tesla Inc (NASDAQ:TSLA) shares fell Thursday despite topping estimates for second-quarter deliveries, and Deepwater Asset Management’s Gene Munster explained why.

The electric vehicle (EV) maker reported second-quarter deliveries of 480,126 vehicles, up 25% year-over-year and up 34% from the first quarter.

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