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STORY: :: Lisa Bernhard, Reuters:: Liz Miller, President, Summit Place Financial AdvisorsTesla on Tuesday reported a smaller-than-expected drop in vehicle deliveries in the second quarter, sending its shares up more than 10%, hitting the highest level in nearly six months.It was also the first time that Tesla posted year-over-year sales declines for two consecutive quarters.Speaking with Reuters' Lisa Bernhard, Miller said EV sales have plateaued."Maybe it's not cool to be green," she said. "There is definitely a change in perception and Tesla has felt the brunt of that."She also noted that some potential customers may be "looking for that next evolution in their design," noting there hasn't been a major "revamp" of many of Tesla's models.Miller also discussed Federal Reserve Chair Jerome Powell's recent comments and Tuesday's JOLTS report, which showed the U.S. economy had more job openings in May than expected, but that April had the fewest in three years.So how does this affect the Fed's decision on when to lower interest rates? Miller isn't so sure."Our [U.S. economic] data is really great over time at showing us reliable trends," she notes, adding that it's less reliable month-by-month, "as we see in this JOLTS report."
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