SerpApi.Org
Tesla Inc.‘s TSLA Cybercab fleet expansion does not impress investor Gary Black of The Future Fund LLC, who says that any expansion would not amount to much unless true autonomy is achieved.
Cybercab Irrelevant to Investors
In a response to user @CuriousPejjy, who talked about the recent sighting of over 245 Cybercab units at the company’s Giga Texas facility, Black said that the number of “cybercabs parked at Giga Texas is irrelevant to investors” as long as the vehicles could not autonomously drive without “safety monitors,” the investor added.
“Supervised autonomous cars are not scalable,” he said, outlining that the fleet was “just for show” unless “the 245 can be driven autonomously.”
The investor had earlier dismissed the idea of Elon Musk-led Space Exploration Technologies Corp. SPCX acquiring or merging with Tesla. He said that despite Musk’s mammoth voting share and power over SpaceX, the company’s board was not free from its “fiduciary duty” to investors.
Tesla Earnings Call
The comments come as Tesla has been gearing up to host its second-quarter 2026 earnings call this week, with the automaker also releasing company-compiled forecasts of sell-side analysts, who predict approximately $27 billion in revenue for the quarter and GAAP EPS of $0.36/share.
Investors in the company also put forth questions about Tesla’s various products, with a majority of the questions centering around the Robotaxi ramp, as well as Optimus production and whether the company’s Full Self-Driving (FSD) efforts were being scaled.
The EV giant had also said that it would be ramping up production capacity at the Gigafactory in Berlin following its higher-than-anticipated delivery figures during the second quarter of 2026.
According to Benzinga Edge Rankings, Tesla scores well on the Growth metric, but offers poor Value. It also fails to provide a favorable price trend in the Short, Medium and Long term.
Price Action: Tesla shares were up 0.25% to $370.50 during overnight trading on Monday.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Photo courtesy: Rokas Tenys on Shutterstock.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SPONSORED
Retirement can be a difficult part of life to navigate, and a financial advisor can help. Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you're ready to find an advisor who can help you achieve your financial goals, get started now.
This article Ahead of Tesla Earnings, Gary Black Says Cybercab Fleet Milestone Is 'Irrelevant' Until This Critical FSD Goal Is Achieved: 'Just for Show' originally appeared on Benzinga.com.
