Gary Black Weighs In On Tesla Vs Waymo Debate, Says Investors Need To Stop Focusing On Efficacy
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Gary Black, managing director of Future Fund LLC, advises investors to shift their focus from comparing Tesla's Robotaxi to Waymo's efficacy. He highlights Waymo's recent equity raise at a $45 billion valuation and suggests that Tesla's Robotaxi could be valued at $500 billion based on its scalability and profitability. Black criticizes claims that Tesla is years ahead of competitors and notes scrutiny surrounding Tesla's Robotaxi launch in Austin, including a review by NHTSA for possible traffic violations and a wrongful death lawsuit related to FSD technology.
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