Gary Black's Tesla Prediction Holds Up: Stock Recovers As Musk-Trump Feud Fades, Robotaxi Launch Looms

Benzinga
2025.06.10 05:55
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Shares of Tesla Inc. recovered on Monday after a tumultuous week marked by a feud between CEO Elon Musk and former President Donald Trump. Investor Gary Black predicted the stock would rebound, noting it was oversold after a 13.8% decline. He believes the feud will fade as both figures focus on their priorities, including Tesla's upcoming Robotaxi launch. Tesla shares rose 4.55% to $308.58, up 8.38% from last week's low. Analysts have mixed views, with some downgrading the stock while others see significant growth potential.