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Boots on the Ground: How Gene Munster's Loup Ventures Gathers Intel on Tesla, Apple and Others

By BenZinga
Capital Markets

Tesla Inc (NASDAQ: TSLA) said it surpassed its 5,000-per-week production goal for Model 3s, but Reuters contended the automaker barely missed the time target and instead reached the figure hours after the June 30 deadline.

Loup Ventures is content either way.

The reported rates and timelines imply a Sunday-through-Saturday rollout of 4,850 Model 3s, according to managing partner Gene Munster’s calculations. The figure fell within Munster’s estimate range of 4,300 to 4,900 in the final week of the quarter.

Reaching Munster-Like Precision

Munster’s estimates are born of a long-practiced strategy that’s given him a similarly incisive read on Apple Inc.(NASDAQ: AAPL) sales.

The Minneapolis-based firm has posted up outside Apple stores …

Read the full story at Benzinga.

Photo: Getty iStock

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