Tesla Inc. (NASDAQ:TSLA) has climbed to become the third-largest holding at The Future Fund LLC, behind NVIDIA Corp. (NASDAQ:NVDA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), managing partner Gary Black announced Monday on X.
What Happened: The position shift comes after Tesla’s recent challenges, including a fourth-quarter delivery miss of 495,570 vehicles against analyst expectations of 506,763, marking the company’s first annual sales decline.
Black, who faced criticism from Tesla bulls for trimming the position at $351 in late 2024, has maintained a disciplined investment approach. “That’s what professional investors do – buy low, sell high,” Black stated on Nov. 25, noting his fund’s average purchase price of $162 and selling price of $252 since early 2023.
Full story available on Benzinga.com
Tesla Inc. (NASDAQ:TSLA) has climbed to become the third-largest holding at The Future Fund LLC, behind NVIDIA Corp. (NASDAQ:NVDA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), managing partner Gary Black announced Monday on X.
What Happened: The position shift comes after Tesla’s recent challenges, including a fourth-quarter delivery miss of 495,570 vehicles against analyst expectations of 506,763, marking the company’s first annual sales decline.
Black, who faced criticism from Tesla bulls for trimming the position at $351 in late 2024, has maintained a disciplined investment approach. “That’s what professional investors do – buy low, sell high,” Black stated on Nov. 25, noting his fund’s average purchase price of $162 and selling price of $252 since early 2023.
Full story available on Benzinga.com
Tesla Inc. (NASDAQ:TSLA) has climbed to become the third-largest holding at The Future Fund LLC, behind NVIDIA Corp. (NASDAQ:NVDA) and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), managing partner Gary Black announced Monday on X.
What Happened: The position shift comes after Tesla’s recent challenges, including a fourth-quarter delivery miss of 495,570 vehicles against analyst expectations of 506,763, marking the company’s first annual sales decline.
Black, who faced criticism from Tesla bulls for trimming the position at $351 in late 2024, has maintained a disciplined investment approach. “That’s what professional investors do – buy low, sell high,” Black stated on Nov. 25, noting his fund’s average purchase price of $162 and selling price of $252 since early 2023.
Full story available on Benzinga.com Read MoreEquities, FFND, Gary Black, GOOG, GOOGL, Kaustubh Bagalkote, News, NVDA, The Future Fund LLC, TSLA, Markets, GOOG, US38259P7069, NVDA, US67066G1040, TSLA, US88160R1014, GOOGL, US38259P5089, FFND, News, Equities, Markets, Benzinga News
