Gary Black Says Rumored Tesla 'Model Q' Under $30K Could Have 'Huge Upside' Opportunity, But Warns TSLA Lacks Marketing Muscle Needed

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The Future Fund’s managing partner, Gary Black, said on Saturday that Tesla Inc.’s (NASDAQ:TSLA) rumored sub-$30,000 electric vehicle from the Elon Musk-led company could have a “huge upside”, but warned that the EV giant lacks the marketing muscle needed to capitalize on it.

What’s Driving The Model Q Revival?

On Saturday, Black, a well-known Tesla investor, took to X to express his views on the potential reintroduction of Tesla’s below $30,000 Model Q compact car. Black suggested that the reemergence of the Model Q could be due to challenges in achieving Musk’s autonomous vehicle goals or a realization that canceling the car was a mistake.

Recall, I was a big fan of a sub-$30K $TSLA “Model Q” Compact and was disappointed when @elonmusk canceled it to focus exclusively on autonomous vehicles. Now it’s back on the table so it’s hard to know if …

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Gary Black Says Rumored Tesla ‘Model Q’ Under $30K Could Have ‘Huge Upside’ Opportunity, But Warns TSLA Lacks Marketing Muscle Needed

What’s Driving The Model Q Revival?