Tesla shares showed strength in after-hours trading, rebounding despite news that board member Kimbal Musk sold 56,820 shares and analyst Gene Munster issued cautious delivery forecasts for 2025.
- The stock is trading at $458.79 (+2.66%) in after-hours, recovering from recent volatility.
- The Form 4 filing showed Kimbal Musk’s transaction was valued at approximately $25.6 million, alongside gifting additional shares to a donor-advised fund.
- Gene Munster predicted 2025 deliveries would be "flat to up 5%," significantly below the market expectation of a 16% increase, though he stressed the long-term value lies in FSD, Robotaxi, and Optimus.