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Gary Black Warns Tesla Bulls Over Cybercab Hype and Stretched Valuation

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • The Future Fund's Gary Black cautioned Tesla bulls against overhyping Cybercab progress without unsupervised autonomy proof.
  • He warned that Tesla's high valuation of 200x 2026 earnings is disconnected from reality, especially with competitors like Alphabet and Amazon also advancing autonomous driving technology.
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