Gary Black Echoes Elon Musk After Tesla CEO Warns Short Sellers, Including Bill Gates, That They Will Be Obliterated: Need To Have 'Their Heads Examined'
Portfolio Pulse from Benzinga Neuro
Gary Black, Managing Partner at Future Fund, echoed Elon Musk's warning to short sellers of Tesla Inc. (NASDAQ:TSLA), emphasizing the company's strong position in the electric vehicle market and its future potential. Black highlighted the upcoming $25,000 vehicle and Tesla's autonomous driving technology as key growth drivers. Tesla's stock has been performing well, with a recent price target increase from Wedbush analyst Dan Ives.
July 03, 2024 | 2:18 am
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Gary Black and Elon Musk have issued strong warnings to short sellers of Tesla, emphasizing the company's future growth potential with a $25,000 vehicle and autonomous driving technology. Wedbush analyst Dan Ives raised Tesla's price target to $300, reflecting confidence in the company's AI potential.
The news highlights significant future growth drivers for Tesla, including a new affordable vehicle and advancements in autonomous driving technology. The positive sentiment from influential figures and an increased price target from a reputable analyst are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100