Gary Black has highlighted a ‘misinterpretation’ by the media regarding Tesla Inc.’s (NASDAQ:TSLA) first-quarter delivery shortfall.
As per the Tesla bull, reports have attributed Elon Musk‘s political comments and DOGE spending cutbacks, but Black points to a different cause.
What Happened: In a social media post on X, Black said the actual reason for the delivery shortfall is that buyers are delaying their Model Y purchases until the refreshed version is launched.
While some Democrats may be less inclined to buy Teslas due to Musk’s political stance, Black suggests that Republicans might appreciate Musk’s statements and his involvement with DOGE.
This perspective challenges the narrative that political factors are the main reason for the delivery delays.
