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Gary Black's The Future Fund Lists Tesla As 3rd-Largest Holding, Behind Nvidia And Alphabet, Despite Delivery Miss
Tuesday, January 7, 2025 - 12:44am | 711Read More...Tesla Inc. (NASDAQ:TSLA) has climbed to become the third-largest holding at The Future Fund LLC, behind NVIDIA Corp. (NASDAQ:NVDA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), managing partner Gary Black announced Monday on X. What Happened: The position shift comes after Tesla’s recent...
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Robotaxi Exit To 'Clear The Way' For GM To License Tesla FSD, Says Gary Black — Move Will Save The Mary Barra-Led Company $1B A Year
Wednesday, December 11, 2024 - 1:25am | 779Read More...The Future Fund LLC Managing Partner Gary Black highlighted on Tuesday that General Motors Co. (NYSE:GM) is abandoning its robotaxi ambitions to save $1 billion annually, marking a significant shift in the autonomous vehicle race. What Happened: “Cruise and GM’s technical teams will be...
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Tesla Investor Gary Black Says Price Cuts Alone Won't Do It For Tesla, Emphasizes The Need For New Models To Drive 2025 Growth
Monday, December 2, 2024 - 12:49am | 618Read More...The Future Fund LLC Managing Partner Gary Black argues that Tesla Inc. (NASDAQ:TSLA) needs new vehicle form factors, rather than stripped-down versions of existing models, to achieve its targeted 20-30% volume growth in fiscal year 2025. What Happened: Black’s analysis comes amid ongoing...
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Gary Black Defends Tesla Trim At $351: 'No One Ever Went Broke By Taking Profits' Amid Stock's 150% Surge Since April
Monday, November 25, 2024 - 1:42am | 772Read More...The Future Fund LLC Managing Partner Gary Black defended his firm’s Tesla Inc. (NASDAQ:TSLA) investment strategy amid criticism from Tesla bulls, emphasizing a disciplined approach to position management rather than short-term trading. What Happened: Black revealed that his fund’s...
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Netflix Stock Soars Amid Tyson-Paul Boxing Stream Stutters; Analyst Gary Black Says Viewership Signals Q4 Subscriber Growth
Tuesday, November 19, 2024 - 1:08am | 615Read More...Netflix Inc. (NFLX) stock rallied Monday following the streaming giant’s record-breaking boxing event featuring Mike Tyson and Jake Paul, despite technical difficulties that plagued some viewers during the live broadcast. What Happened: Gary Black, Managing Partner of The Future Fund LLC,...
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Gary Black Defends Tesla Strategy Amid Clash With Elon Musk Bulls: 'We Don't Trade Tesla... We Trim When The Price Goes Higher'
Sunday, November 17, 2024 - 9:56pm | 701Read More...The Future Fund LLC, Managing Partner Gary Black pushed back against accusations of short-term trading, clarifying his firm's Tesla Inc (NASDAQ:TSLA) investment approach focuses on strategic position adjustment rather than active trading. What Happened: Black revealed that The Future Fund’s...
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Tesla Falls 6% As Hedge Funds Carry Out 'Trump Trade' Rebalancing, Gary Black Says President-Elect Could Help Secure Robotaxi Approvals
Wednesday, November 13, 2024 - 12:18am | 716Read More...Tesla Inc.‘s (NASDAQ:TSLA) shares fell 6% Tuesday as part of a broader market rebalancing of stocks that have rallied on President-elect Donald Trump’s campaign momentum, with The Future Fund LLC, Managing Partner Gary Black providing analysis of the move and valuation concerns. What...
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Gary Black Eyes Tesla Stock At $600 By 2030, Near-Term Target Raised To $300: Investor Explains Previous Stock Sales — 'In Hindsight It Was The Right Thing To Do' (Updated)
Monday, October 28, 2024 - 9:40pm | 840Read More...Editor’s Note: This story’s headline has been updated to fix a grammatical mistake. The Future Fund LLC Managing Partner Gary Black has increased his Tesla Inc (NASDAQ:TSLA) price target to $300 from $270, while projecting a long-term target of $600 by 2030, citing improved earnings...
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Tesla Bull Gary Black Praises EV Giant's 'Clean Beat' In Q3 As Auto Margins Blow Past Estimates, Stock Surges Over 12%
Thursday, October 24, 2024 - 3:46am | 766Read More...Tesla Inc. (NASDAQ:TSLA) delivered a “clean beat” in its third-quarter earnings, according to The Future Fund LLC Managing Partner Gary Black, who highlighted the company’s significant outperformance across key metrics, driving shares up 12.10% in after-hours trading. What...
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Tesla's Fancy Data And Computing Claims Likely Will Not Impress Investors: Gary Black Highlights Drastic Jump In EV Disengagement Rates And Missing Robotaxi Details As Key Question
Tuesday, October 22, 2024 - 10:20pm | 1012Read More...The Future Fund LLC Managing Partner Gary Black anticipates Tesla Inc.‘s (NASDAQ:TSLA) upcoming earnings call will face scrutiny over several critical business segments, particularly the company’s autonomous driving capabilities and vehicle profitability targets. What Happened: Black,...
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Gary Black Explains Why He Doesn't Factor In Robotaxi Or Optimus To Tesla Valuation: Investors May Not Like Analytical Approach, But That's How 'Investment World Works'
Monday, October 21, 2024 - 12:25am | 837Read More...Tesla Inc. (NASDAQ:TSLA) continues to face significant headwinds in its automotive business, with concerns mounting over sustained margin pressure and underperformance against broader tech indices, according to an analysis from The Future Fund LLC. What Happened: Gary Black, managing partner at The...
