Gary Black Responds To Tesla Fanboys $TSLA

@stevenmarkryan - Thanks for your continued support and very balanced perspective. In investing, it’s always good to see both sides of the argument. Time will tell who is right.

We currently manage for clients $280 million of assets in three active ETFs. None of them own $TSLA today, but at a lower price, we would of course potentially re-enter. That’s our valuation discipline. We don’t try to time the markets.

Gary makes more money engaging Tesla fanboys than with his firm

Sorry but Gary Black doesn’t deserve the credit you give him…he only has so many followers because he’s a media whore which I say good for him…he’s playing the game…but investment advice…🤷🏻‍♂️ So as you point out his future fund has returned about 14% since inception in Aug 2021. Had he just put 100% $TSLA in it then let’s see what his return would have been…oh look over 140%….10 times as much….Gary tries to predict the future by looking backwards…🤷🏻‍♂️

Wish I cared more what Gary Black thinks says does, but I’ve got my own thesis and I have sources i find more interesting and less emotional, defensive or hudgemundgerous.

We need to get Gary in a room with Jeff Lutz because the supply chain is everything now. Legacy auto just stopped making EV's because the battery supply chain is now diverted to storage which sells for $500/kWh on Amazon. or higher. Ford/GM/Stellantis don't compete with Tesla, they compete with BESS for source input. The valley of death is accelerating.

If Cybercab can get Tesla back to 50% CAGR then on the order of 20M/yr is still possible by early 2030s.

If it’s robotaxi + MY M3 20M yes. Robotaxi is simple less parts so in the next 5 years they could scale

He is an accountant cos playing an investor. Tesla is way above his iq level. His forte is mainly in excel spreadsheeting. For continuous business this may or may not work. But for an disruptive one it will definitely not work. His lack of tech bkgd is also a disqualifier. If you don't understand how neutral network performance scales on training data, compute, and parameters, you don't understand the business case for fsd. His illusions about Uber having a scalable autonomous solution from ether demonstrate how ignorant he is in this area. At this point even a rebuttal to his delusions is only a waste of time. His fund performance will show he is an imbecile, there is no need for us to help.

What I’m worried about is that SMR makes money talking about Tesla (YouTube, X), but does he have a blind spot and taking us along with it? I’ve been along for the ride for 4 years now and not complaining but underperforming SNP is not something I expected when I started the ride

Amazing video Mr SMR !

First of all, I appreciate Gary's feedback, even though I don't always agree with it. Regarding his post, Gary didn't predict the future for the right reasons. If Tesla had operated with full focus on pushing out cars in different price ranges, they would have had a good chance of actually achieving it while staying profitable. So, to me, he is actually wrong in his prediction.

10 yr dcf and deep analysis of the tech is key to create the correct valuation model. You can also do a shorter one at 3 years but do it properly like AJ.

The video in which Steven doesn't wear his usual persona 😉

Why is 4 years of a Fund not long enough to judge the results when the guy running the fund is doing short term trading?

PS I like Gary; investment manager is a rough job. Haters make no sense to me, internet is for those with Rino hide. @garyblack00

Gary has an arcane ability to FUD stocks, exit high and buy back in on the dip. I can understand why Tesla shareholders get frustrated by his FUD though

GROK translates how Gary hear you and other TSLA bulls.

Cried the guy that falsely accused musk of antisemitism

Not to quibble: Remember EM massive share sales (now wants 25% share vote), 4680 snag, Biden hostility to non union Tesla, FSD delay, De court case, election diverted EM, Rare Earth overhang. So, potholes, yet sold no shares. Why? Tsla manufacturing ink to road, FSD, Bot, ElonM.

Gary is such a great growth investor his fund is up 13% over 4 years. What a diddle brain. He tries to blame under performance on tesla even though in that same period tesla is up 45% 🤡

@stevenmarkryan is CORRECT!!!

My valuation model is written in crayons 🖍️ I buy and hold. AI go brrrrrr

Who still cares about what Gary Black thinks?

🍿 let’s watch

Sorry, you lost me after the first two words. Noise I don’t like!