Gary Black: TSLA drops 7 percent pre-market, now down 23 percent year to date

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Artem Shendetskii

23.07.2026

Gary Black: TSLA drops 7 percent pre-market, now down 23 percent year to date — TSLA slides 7 percent pre-market

Gary Black, managing partner, investor at The Future Fund, highlighted that TSLA fell 7 percent in morning pre-market trading and is now down 23 percent year to date, compared to the NDX up 16 percent.

He also commented that TSLA management could have provided one or two key unsupervised autonomous metrics with their recent earnings, such as the number of autonomous vehicles operating without safety operators.

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Black has previously noted weakness in U.S. stocks after disappointing Samsung earnings and declining AI chip names. He also flagged the volatility during SK Hynix’s record $26.5 billion U.S. ADR listing as geopolitical risks weighed on sentiment. These recent observations come as the market absorbs deep moves in major tech shares.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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