Gary Black, Future Fund Managing Partner and Tesla Investor, Confident in 'Insane' Consumer Demand for Cybertruck
Gary Black, Future Fund Managing Partner and Tesla investor, dismissed skepticism from analysts, asserting that the consumer demand for the Cybertruck is "insane," and downplays deposit cancellations, emphasizing a greater number of customers are seeking expedited deliveries. Gary believes the Cybertruck will have a positive "halo effect" on Tesla's entire lineup, similar to the impact of the Model Y launch in 2020. He noted the Model Y led to a substantial increase in Tesla's volume growth and stock price surge.