Gary Black's The Future Fund Lists Tesla As 3rd-Largest Holding, Behind Nvidia And Alphabet, Despite Delivery Miss
Gary Black's The Future Fund Lists Tesla As 3rd-Largest Holding, Behind Nvidia And Alphabet, Despite Delivery Miss
$TSLA remains our #3 position after $NVDA and $GOOG. pic.twitter.com/TqyF5xvztKTesla 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.
特斯拉公司（納斯達克：TSLA）已攀升至未來基金有限公司的第三大持倉，僅次於英偉達公司（納斯達克：NVDA）和Alphabet Inc（納斯達克：GOOGL）（納斯達克：GOOG），管理合夥人Gary Black週一在X平台上宣佈。
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.
發生了什麼：這一持倉變化發生在特斯拉最近面臨挑戰之後，包括第四季度交付出現495,570輛汽車的缺口，而分析師預期爲506,763輛，這標誌着該公司首次年度銷售下降。
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.
Black面臨特斯拉支持者的批評，在2024年底將持倉縮減至351美元，他始終保持嚴謹的投資策略。Black在11月25日表示：「這就是專業投資者所做的——買入低價，賣出高價。」並指出他的基金自2023年初以來的平均購買價格爲162美元，賣出價格爲252美元。
$TSLA remains our #3 position after $NVDA and $GOOG. pic.twitter.com/TqyF5xvztK
— Gary Black (@garyblack00) January 6, 2025
$TSLA在$NVDA和$GOOG之後仍然是我們的第三大持倉。 pic.twitter.com/TqyF5xvztK
—— Gary Black (@garyblack00) 2025年1月6日
The Future Fund Active ETF (NYSE:FFND) began reducing its Tesla exposure in the fourth quarter of 2022 when it represented 12.2% of the portfolio, following Tesla's 20% EV price cuts. The position recently stood at 5.07% with 834 shares valued at $342,306, according to the fund's Jan. 6 holdings update.
未來基金活躍可交易ETF（紐交所：FFND）在2022年第四季度減少了對特斯拉的持倉，當時其佔投資組合的12.2%，這是在特斯拉宣佈20%的電動車降價後。根據該基金1月6日的持倉更新，該持倉最近爲5.07%，擁有834股，價值342,306美元。
Why It Matters: Looking ahead, Black maintains a $380 price target for Tesla, citing potential catalysts including a new $25,000-$30,000 vehicle launch in early 2025. However, he warns about risks such as the possible elimination of the $7,500 EV tax credit, noting significant sales declines in European markets after similar credit removals.
爲什麼重要：展望未來，Black對特斯拉保持了380美元的價格目標，指出潛在催化劑包括在2025年初推出一款價值25,000-30,000美元的新車型。然而，他警告稱，可能取消7500美元的電動車稅收抵免會帶來風險，並指出在類似稅收抵免取消後，歐洲市場的銷售大幅下降。
The repositioning occurs amid intense debate over Tesla's future, with analysts divided on the company's autonomous driving and robotics ambitions. While some analysts project an optimistic $2 trillion valuation by 2025, critics like GLJ Research CEO Gordon Johnson remain skeptical, particularly regarding Tesla's robotics program.
在對特斯拉未來的激烈辯論中，分析師在公司的自動駕駛和機器人願景上意見不一。雖然一些分析師預測到2025年特斯拉的估值會樂觀地達到2萬億美元，但GLJ Research首席執行官Gordon Johnson等批評者仍持懷疑態度，特別是針對特斯拉的機器人項目。
Tesla's stock, despite recent volatility, maintained approximately 62% gains through 2024, even as it underperformed the NASDAQ 100 index by 32 percentage points over the previous three years.
儘管最近具有波動性，特斯拉的股票在2024年仍保持了大約62%的漲幅，儘管在過去三年中，它在納斯達克100指數上表現不佳，落後32個百分點。
Price Action: Tesla's stock closed at $411.05 on Monday, gaining 0.15% for the day. In after-hours trading, the stock dipped slightly by 0.13%. Over the past year, Tesla's stock has seen a significant increase of 70.95%, according to data from Benzinga Pro.
價格動態：特斯拉的股票在週一收盤價爲411.05美元，全天上漲0.15%。在盤後交易中，股票小幅下跌0.13%。根據Benzinga Pro的數據，過去一年，特斯拉的股票已顯著上漲70.95%。
譯文內容由第三人軟體翻譯。
