URL has been copied successfully!
Investor Gary Black of The Future Fund LLC has reaffirmed that his decision to exit his position in Tesla Inc. (NASDAQ:TSLA) as the EV giant reported a Q1 delivery miss.
Exiting Tesla Was The Right Call
In a post on the social media platform X on Thursday, the investor shared that his firm had exited Tesla last year. “We took a lot of grief from $TSLA bulls on X when we exited the balance of our TSLA position last May at $358,” he said, adding that the move has been the “right call,” as Tesla has “struggled to turn around its core EV business” and shift towards a “highly competitive” autonomous driving sector “without advertising investment.”
Please follow us:
This post was originally published here
