Tesla Remains Core For Gary Black Despite Price Cuts, Earnings Drop — Nvidia, Google, Eli Lilly Among Top Performers In Tech Bull's Portfolio
Tesla Remains Core For Gary Black Despite Price Cuts, Earnings Drop — Nvidia, Google, Eli Lilly Among Top Performers In Tech Bull's Portfolio
"We don't sugarcoat the negatives, and remain highly disciplined about valuation," Black wrote on X, explaining his measured approach to Tesla investment. He noted a cautious stance until Tesla's robotaxi technology proves viable.Tesla Inc. (NASDAQ:TSLA) remains a significant holding for The Future Fund despite position reductions, according to Managing Partner Gary Black, who cited concerns over the impact of price cuts of its electric vehicles on earnings.
特斯拉公司（纳斯达克股票代码：TSLA）仍然是未来基金的重要持仓，尽管管理合伙人加里·布莱克提到对其新能源车价格下调对收益的影响感到担忧并进行了减仓。
What Happened: Black revealed that while Tesla has been among the fund's top positions for The Future Fund Active ETF (NYSE:FFND) since its August 2021 launch, the fund trimmed its Tesla holdings from 12.2% in October 2022 to 4.6% as of Nov 8.
据管理合伙人加里·布莱克透露，尽管特斯拉自2021年8月启动未来基金主动交易型ETF（纽约证券交易所：FFND）以来一直是该基金的前几大持仓，但该基金将特斯拉的持股比例从2022年10月的12.2%削减至截至11月8日的4.6%。
The decision came as Tesla's fiscal year 2025 earnings estimates declined by 59%, leading to underperformance against the Nasdaq 100 index.
特斯拉2025财年盈利预期下降了59%，导致表现不佳，从而偏离了纳斯达克100指数。
"We don't sugarcoat the negatives, and remain highly disciplined about valuation," Black wrote on X, explaining his measured approach to Tesla investment. He noted a cautious stance until Tesla's robotaxi technology proves viable.
“我们对负面因素毫不掩饰，并且在估值方面保持高度纪律性，” 布莱克在X网站上写道，解释了他对特斯拉投资的审慎态度。他指出在特斯拉的无人出租车技术证明可行之前会持谨慎态度。
Despite the reduced position, Tesla joins other tech giants in The Future Fund's top-performing holdings for 2024. NVIDIA Corp (NASDAQ:NVDA) leads with a 198% gain, followed by Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) at 28%, Eli Lilly and Company (NYSE:LLY) at 43%, Salesforce Inc (NYSE:CRM) at 22%, Netflix Inc (NASDAQ:NFLX) at 63%, and Tesla at 29%.
尽管减持，特斯拉仍然是未来基金2024年业绩最佳股票中的一员，与其他科技巨头一起。其中，英伟达公司（纳斯达克股票代码：NVDA）涨幅领先，涨幅达198%，其次为alphabet inc（纳斯达克股票代码：GOOGL、GOOG）涨幅为28%，礼来公司（纽约证券交易所：LLY）涨幅43%，salesforce公司（纽约证券交易所：CRM）涨幅22%，netflix公司（纳斯达克股票代码：NFLX）涨幅63%，特斯拉涨幅29%。
The fund maintains a strategic approach to position sizing based on a target 2:1 upside/downside ratio. Black emphasized the importance of balanced analysis, stating that the fund aims to present both bullish and bearish arguments to inform investor decisions.
该基金基于目标2:1的盈利/亏损比率采取了战略性位置规模方法。布莱克强调了平衡分析的重要性，表示该基金旨在呈现看涨和看跌的论点，以帮助投资者做出决策。
Black's communication style has occasionally put him at odds with some Tesla bulls, though he maintains that constructive criticism within the investment community should be welcomed rather than attacked.
布莱克的沟通方式有时会与一些特斯拉多头产生分歧，尽管他坚持认为投资社区内的建设性批评应该受到欢迎而不是被抨击。
2/ We call things how we see them — both good and bad — and that's why some bulls in the $TSLA community don't like us. We don't sugarcoat the negatives, and remain highly disciplined about valuation. We try to summarize both the bullish and bearish arguments to help you with...
— Gary Black (@garyblack00) November 10, 2024
2/ 我们看问题就会如实说出，不论是好是坏，这就是为什么一些特斯拉社区的看涨者不喜欢我们。我们不会掩饰负面情况，并且对估值保持高度纪律性。我们试图总结看好和看淡的观点，以帮助您...。
英伟达（@garyblack00） 2024年11月10日
Why It Matters: Despite the recent challenges, Tesla has continued to be a significant player in the electric vehicle market. The company's stock has seen a 49.65% increase over the past year, maintaining its position as the EV market leader.
重要性: 尽管最近面临挑战，特斯拉仍然是新能源车市场中的重要参与者。公司股票在过去一年中上涨了49.65%，保持着作为新能源车市场领导者的地位。
However, Tesla's EV technology has recently come under scrutiny. The National Highway Traffic Safety Administration has raised concerns about Tesla's social media promotion of its Full Self Driving technology, which depicts disengaged driver behavior.
然而，特斯拉的新能源车技术最近受到了审查。美国国家公路交通安全管理局对特斯拉在社交媒体上宣传其全自动驾驶技术提出了担忧，该宣传展示了驾驶员未参与驾驶的行为。
Meanwhile, Tesla's future plans, such as the construction of a Gigafactory in Mexico, could be affected by the recent U.S. presidential election results. Despite these challenges, Tesla's market cap has soared above $1 trillion, propelling Elon Musk's wealth to over $300 billion.
与此同时，特斯拉的未来计划，比如在墨西哥建设超级工厂，可能会受到最近美国总统大选结果的影响。尽管面临这些挑战，特斯拉的市值已飙升至超过1万亿美元，推动埃隆·马斯克的财富超过3000亿美元。
Price Action: Price Action: Tesla's stock closed at $321.22 on Friday, up 8.19% for the day. In after-hours trading, it rose an additional 0.49%. Year-to-date, Tesla's stock has climbed by 29.31%, according to data from Benzinga Pro.
股价表现: 特斯拉周五收盘价为321.22美元，上涨了8.19%。盘后交易中，又上涨了0.49%。据Benzinga Pro的数据，特斯拉的股价今年迄今已上涨了29.31%。
