Gary Black

$TSLA Summary - 7/15/2025 Positive Catalysts: 1/ Trump streamlines federal process allowing TSLA to secure general unsupervised autonomy license nationally 2/ FSD licensing deal with 1 or more OEMs 3/ TSLA removes safety drivers from robotaxis, expands to states outside TX as…

$TSLA 2Q earnings are due next Wed 7/23. 4 of the past 5 TSLA earnings releases have been met with positive surprise - not because of great numbers (earnings have pretty much sucked - see below) but because of management’s upbeat commentary about unsupervised autonomy. This…

$UBER continues to outperform $TSLA (YTD $UBER +51%, TSLA -21%) as the race for autonomy heats up. The investment thesis for $UBER is that UBER benefits most as autonomous tech advances since it allows UBER to eliminate the cost of a driver from the cost of ridership, which…

$NFLX -1.0% post-market after reporting 2Q rev ($11.08B vs $11.06B est) and adj eps ($7.19 vs $7.08) that topped estimates. NFLX mgmt guided to higher than expected 3Q and FY’25 rev and eps, but given the stock’s recent strength (YTD +43%), some profit-taking is occurring. 3Q…

In today’s posts for subscribers, it’s clear that the unsupervised autonomy space is getting crowded, as I have argued for years: WeRide’s new autonomous robobuses; $UBER’s robotaxi partnership with $LCID and Nuro; plus Trump’s walk back of plans to fire Powell prior to his…