Black highlighted that Tesla had "underperformed Nasdaq for 5 years (TSLA +48% vs NDX +90%), including over the past year (TSLA +12% vs NDX +20%)."
"A $TSLA/SpaceX merger makes no sense mathematically for TSLA shareholders unless there are huge cost or revenue synergies for $TSLA."
Gary Black Thinks Tesla-SpaceX Merger Does Not Make Sense For TSLA Shareholders: Here's Why
Investor Gary Black, who is the managing director of The Future Fund LLC, shared his insights on why a merger between Tesla Inc. (NASDAQ:TSLA) and SpaceX does not make sense for the EV giant's shareho...
