Gary Black Says Tesla Is Missing Opportunity To Pitch EVs As Oil Surges Above $100
Synopsis
In a post on X, Gary Black said oil above $100 and ongoing Middle East tensions should boost electric vehicle demand.
Gary Black, managing partner at Future Fund, said Monday that Tesla Inc. (TSLA) is not taking full advantage of high oil prices to show consumers why electric vehicles are a better option.
In a post on X platform, Black explained that as Brent crude trades above $100 per barrel and geopolitical tensions in the Middle East remain unresolved, the conditions should favor electric vehicle adoption.
“Unfortunately, there is no advertising from TSLA educating potential consumers on the benefits of EVs — ease of charging, superior performance, lower maintenance costs, benefits of FSD/autonomy, good for the environment, etc.”
-Gary Black, Managing Partner, Future Fund
Tesla stock 0.9% inched higher in Monday’s premarket.
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