Gary Black: Tesla's Austin Robotaxi Launch By June 'Most Bullish' Takeaway, But Answers Needed On Auto Margins And Next-Gen EV

As Tesla (TSLA) continues to make waves in the electric vehicle (EV) industry, one analyst has hailed the company's upcoming robotaxi service in Austin as the 'ost bullish' takeaway yet. However, Gary Black, the founder of investment firm Future Fund, has some questions that need to be addressed before he's fully convinced of Tesla's future prospects.

Black, who is known for his bullish stance on Tesla, recently tweeted that the company's plans to launch an unsupervised robotaxi service in Austin by June is 'the most bullish news I've seen in a while.' However, he also expressed some concerns about Tesla's auto margins and the company's plans for next-generation EVs.



Firstly, Black wants to know if Tesla's auto margins can sustain the company's growth in the face of increased competition from other EV manufacturers. As more companies enter the market, Tesla may face pressure to lower prices, which could impact its profit margins. Black is looking for reassurance from Tesla that its margins can remain healthy despite the increased competition.

Secondly, Black is curious about Tesla's plans for next-generation EVs. With the current Model S and Model X nearing the end of their production cycles, Black wants to know what Tesla has in store for the future. He is particularly interested in whether Tesla will be able to maintain its technological advantage in the face of competition from companies like Lucid Motors and Rivian.



Black's concerns are valid, as Tesla faces a challenging landscape in the coming years. The company will need to navigate increased competition, maintain its technological edge, and ensure that its margins remain healthy. However, Tesla has a proven track record of innovation and adaptability, which gives investors reason to be optimistic about the company's future prospects.

In conclusion, while Gary Black is bullish on Tesla's Austin robotaxi launch, he has some valid concerns about the company's auto margins and next-generation EV plans. As Tesla continues to evolve and face new challenges, investors will be watching closely to see how the company addresses these issues and maintains its competitive edge in the EV market.