Gary Black Flags 47% Projected Drop In Tesla's April Europe Sales, Predicts 6% Decline In 2025 Deliveries

Quick Summary:

What Happened: Gary Black, Managing Partner at Future Fund, highlighted alarming sales trends in a post on X, noting that April European sales are projected to drop 47% year-over-year.

Black emphasized that this decline can no longer be attributed to Model Y production changes.“We predict that FY’25 Tesla deliveries will be -6% year-over-year versus FY’24,” Black wrote, compared to Wall Street’s estimated 3% decline.

Tesla Inc.(NASDAQ:TSLA) shares fell 2.42% on Monday as investors digested troubling European sales data and a prominent fund manager’s warning about the company’s growth trajectory.

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Article Details

Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United StatesSpain

Topics: Equities Markets Tech TSLA News Gary Black US88160R1014 Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 07:46:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 28433138

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