Tesla Bull Gary Black Reaffirms Elon Musk's Company 'Best Positioned To Capitalize' On EVs And Autonomous Driving, But There's A Catch
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Gary Black, a Tesla bull, believes Tesla Inc. is well-positioned to benefit from the growing demand for electric vehicles (EVs) and autonomous driving. He noted that Tesla's strategy of offering more affordable models is reminiscent of past price cuts, but he remains optimistic about the company's long-term prospects. Despite challenges, including trademark issues for its "Robotaxi" concept, Black asserts that Tesla is poised to capitalize on EV adoption and autonomy trends. TSLA shares rose 1.12% in pre-market trading, currently valued at $288.02.
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