<div id="readability-page-1"><div><div><p><strong>Gary Black</strong>, a seasoned Wall Street investor, has made a significant shift in his investment strategy. Black, who recently sold off his remaining shares in <strong>Tesla Inc.</strong> <span>TSLA</span>, is now focusing on what he sees as major opportunities in big tech.</p><p><strong>What Happened</strong>: Black, the managing partner at <strong>Future Fund LLC</strong>, recently divested his Tesla holdings amid valuation concerns, helping clients avoid a selloff triggered by a public dispute between CEO <strong>Elon Musk</strong> and President <strong>Donald Trump</strong>. Black, in an interview with Market Watch, revealed that he has now turned his attention to what he considers to be significant opportunities in big tech, such as <strong>Nvidia </strong><span>NVDA</span>, <strong>Meta </strong><span>META</span>, <strong>Amazon </strong><span>AMZN</span> and <strong>DoorDash</strong> <span>DASH</span>.</p><p>Black’s investment approach begins with identifying “ten long-term circular mega trends,” including e-commerce, 24/7 information technology, and artificial intelligence (AI). </p><p>He is particularly bullish on Nvidia due to its AI roadmap and high demand for its high-end AI chips. Despite Tesla’s recent decline, Black believes Nvidia, with a forward earnings multiple of around 32 times, is a more attractive investment.</p><p>Meta is another major position in Black’s portfolio, with its growth in Instagram and Facebook. Amazon’s expanded offerings and DoorDash’s increasing restaurant partnerships also make them appealing investments, according to Black.</p><p>Despite the ongoing market rally, Black remains optimistic about the market’s future, anticipating that the Federal Reserve will likely begin cutting interest rates, albeit not as rapidly as Trump would prefer.</p><p>“…there are areas where people are just getting overly exuberant about prospects. And that’s always negative,” cautioned Black. </p><div><p></p><h3>Pre-IPO Offer: Get A Piece Of A Nearly $5T Global Opportunity By Joining BOXABL As An Early Shareholder At Just $0.80/Share</h3><p></p><div><div><div><ul> <li><strong>Massive Demand &amp; Disruptive Potential</strong> – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.</li> <li><strong>Revolutionary Manufacturing Approach</strong> – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.</li> <li><strong>Affordable Investment Opportunity</strong> – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.</li> </ul> </div></div><div><p><span><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2024/10/22181427/Paolo-and-Gali.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0yMzA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="460" height="306" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2024/10/22181427/Paolo-and-Gali.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0yMzA"/></span></p></div></div><div><div><p><span><b>Share Price: </b></span><span>$0.80 </span></p><p><span><b>Min. Investment: </b></span><span>$1,000 </span></p><p><span><b>Valuation: </b></span><span>$3.5B </span></p></div></div></div><p><strong>Why It Matters</strong>: Black’s shift in investment strategy reflects the evolving landscape of the tech market. Big tech companies have been driving significant market gains, with the Magnificent 7 stocks leading nearly 55% of the S&amp;P 500's market capitalization recovery since the April lows.</p><p>Black’s move also aligns with the broader trend of tech megacaps dominating the market. In May 2025, the Magnificent Seven added nearly $2 trillion in market value, marking their strongest monthly performance in years. This trend underscores the enduring appeal of big tech companies, making them attractive investment opportunities, as recognized by Black’s recent portfolio adjustments.</p><p><strong>Roundhill Magnificent Seven ETF</strong> <span>MAGS</span>, which invests in Magnificent Seven stocks, surged 24.20% over the past year, according to data from Benzinga Pro.</p><ul> <li><strong>READ MORE: </strong>Solana Spikes 4% As Report Signals Possible Green Light For ETF— Analyst Sets Approval Odds At 90% – Grayscale Ethereum Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH</li> </ul><p><em>Image via Shutterstock</em></p></div></div></div>

<p>Gary Black, a Wall Street investor, has sold his Tesla shares to invest in big tech companies like Nvidia, Amazon, Meta, and DoorDash. He cites valuation concerns and a shift towards long-term trends such as e-commerce and AI. Black is particularly optimistic about Nvidia's AI roadmap and believes it offers better investment potential than Tesla. His strategy reflects the growing dominance of big tech in the market, with significant gains from the Magnificent Seven stocks, which have driven a substantial recovery in the S&P 500.</p>

- Gary Black, a Wall Street investor, has shifted his strategy by selling his Tesla shares and focusing on big tech opportunities like Nvidia, Meta, Amazon, and DoorDash.  
- He identifies long-term trends such as e-commerce and AI, expressing optimism about Nvidia's growth due to its AI roadmap and high demand for chips.  
- Black's strategy reflects the tech market's evolution, with major tech companies significantly contributing to market gains, as evidenced by the Magnificent Seven's strong performance.

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Why Pro Investor Gary Black Ditched Tesla To Bet On Nvidia, Amazon, Meta And DoorDash?