Gary Black Says Elon Musk Needs to Shore Up Credibility
He shared that while GM and Ford’s autonomous efforts were not superior to Tesla’s, “Elon keeps making outlandish promises” like Tesla Robotaxis serving 50% of the U.S. population by the end of last year.
“The comms at TSLA are sorely lacking and @elonmusk needs to bring on 1-2 adults to shore up credibility,” the investor said, delivering sharp criticism of the company, as well as its lack of communications and PR.
Gary Black on Robotaxi
Recently, the investor said that 245 cybercabs being sighted at the Giga factory in Texas were “just for show” if they could not operate autonomously without needing a human safety operator.
According to Benzinga Edge Rankings, Tesla scores well on the Growth metric, but offers poor Value. It also fails to provide a favorable price trend in the Short, Medium and Long term.
Price Action: Tesla shares were up 0.04% to $379.10 during overnight trading on Tuesday.
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