Future Fund

The recent downturn in Tesla Inc.’s (NASDAQ:TSLA) shares is more likely due to a broader sell-off in AI stocks than a potential share sale by Elon Musk, according to Gary Black. What Happened: On Friday, the managing partner at The Future Fund, refuted the idea that Musk was offloading Tesla...

Future Fund managing partner Gary Black has commended Meta Platforms Inc (NASDAQ:META) for its strong second-quarter performance and the leadership of CEO Mark Zuckerberg. This praise comes as the company’s stock significantly surged after-hours trading. What Happened: Black, who is also...

Tesla Inc. (NASDAQ:TSLA) is reportedly aiming to produce 2.77 million vehicles by 2025, a 50% increase from its 2023 production. This ambitious target includes the launch of new affordable models, according to Future Fund Managing Partner Gary Black. What Happened: Black, a prominent Tesla analyst...

Tesla, Inc. (NASDAQ:TSLA) shares have been on an eight-session winning streak as investors begin to factor in potential fundamental improvement, and a fund manager on Sunday detailed his take on what the electric vehicle maker has to do to augment its valuation. What Happened: For institutional...

Future Fund Managing Partner Gary Black has defended the decision to reduce the fund’s stake in Tesla Inc. (NASDAQ:TSLA), citing a shift in investment strategy and the electric vehicle maker’s performance. What Happened: Black outlined the criteria for Future Fund’s sell...

Future Fund Managing Partner Gary Black has issued a stark warning to those betting against Tesla Inc. (NASDAQ:TSLA) stock. What Happened: Black took to X to express his views on Tesla’s future, emphasizing the potential of the electric vehicle market and Tesla’s position within it. He...

Rivian Automotive, Inc. (NASDAQ:RIVN) stock is on a two-session run-up, and the continuation of the rally depends on the news emerging out of its investor day scheduled for 9 a.m. EDT on Thursday. What Happened: Ahead of the event, fund manager Gary Black, in a post on X, formerly Twitter, detailed...

Tesla, Inc. (NASDAQ:TSLA) shares continue to see-saw, and on Wednesday they underperformed the broader market. As the lackluster phase is having an extended run, a fund manager delved into how the company can turn things around. What Happened: The biggest threat Tesla currently faces is the...

Tesla, Inc. (NASDAQ:TSLA), through its robotaxis, is striving to pivot to autonomous ride-hailing service, positioning itself in direct competition with Uber Technologies, Inc. (NYSE:UBER). As the two are likely facing off in the near future, here’s a look at how their shares have fared since...

Tesla, Inc. (NASDAQ:TSLA) shares rallied strongly on Monday after the electric-vehicle giant’s CEO Elon Musk made a surprise visit to China over the weekend and met with Premier Li Qiang and other key officials. The whirlwind visit was followed by a flurry of announcements that catalyzed the...

Over the weekend, Tesla, Inc. (NASDAQ:TSLA) announced coordinated price cuts for its electric vehicles across different regions. However, this decision did not sit well with a fund manager whose firm holds a position in the stock. What Happened: Future Fund was right to reduce its Tesla position...

Tesla, Inc. (NASDAQ:TSLA) announced over the weekend a reduction in all trim levels of electric vehicles it sells in China. The move follows a round of price cuts in its U.S. market. The company also reduced the price of its full self-driving software in the U.S. What Happened: The most recent...

Shares of Netflix, Inc. (NASDAQ:NFLX) fell sharply in after-hours trading on Thursday following its first-quarter earnings release. Fund manager Gary Black and tech venture capitalist Gene Munster weighed in with their takes on the report. The company reported first-...

Tesla, Inc.’s (NASDAQ:TSLA) fundamentals have been on the wane for an extended period, with the financial results testifying to the fact. A fund manager on Wednesday noted that the stock has been down in earnings reaction in each of the past four quarters. What Happened: Tesla’s shares...

Even as Tesla, Inc. (NASDAQ:TSLA) shares took a beating from confirmation regarding a round of massive layoffs, including those of high-profile executives, a new report said on Monday the electric- vehicle maker has in fact put on hold the development of its low-cost vehicle. What Happened: Tesla...