Gary Black Counters Elon Musk: Legacy Automakers Won’t Let Tesla Control Their FSD – Even If They Use Superchargers

• Black’s comments come after Tesla CEO Elon Musk said it’s “crazy” that, despite offering to license the company’s FSD technology, legacy automakers don’t want it.
• In another post on X, Black outlined that Tesla needs to demonstrate that its robotaxis can operate without safety drivers to show that the EV giant has solved unsupervised autonomous driving.
• He also added that Tesla needs to show how its Optimus humanoid robots can be useful.

The Future Fund LLC’s Managing Partner, Gary Black, on Tuesday stated that legacy automakers would never allow Tesla Inc. (TSLA) to be in charge of their Full Self-Driving (FSD) capabilities while still allowing their electric vehicles to be charged at Tesla’s superchargers.

“EVs and unsupervised autonomy are table stakes for remaining in the automotive business,” Black said in a post on X.

Black’s comments follow Tesla CEO Elon Musk's Monday statement that it’s “crazy” that, despite offering to license the company’s FSD technology, legacy automakers don’t want it.

Tesla shares were down nearly 2% in Tuesday’s opening trade. Retail sentiment around the company trended in the ‘bearish’ territory at the time of writing.

What Tesla Needs To Do

In another post on X, Black outlined that Tesla needs to demonstrate that its robotaxis can operate without safety drivers to show that the EV giant has solved unsupervised autonomous driving.

“$TSLA needs to remove safety drivers from robotaxis to show TSLA has truly solved for unsupervised autonomy at 99.999% efficacy (1 critical disengagement per 10,000 miles),” Black said.

He also added that Tesla needs to show how its Optimus humanoid robots can be useful. “What tasks can be performed that save time, reduce costs, or enhance quality, and that it can be produced at scale,” he added.

Full Self-Driving Improvements

Black also highlighted the improvements in Tesla’s Full Self-Driving (FSD) technology. Citing a community-built tracker, Black stated that the miles per critical engagement from the driver had increased to nearly 4,000 miles, using FSD 14 or later. He said this is a roughly ten-times increase compared to FSD 13.

Tesla started rolling out the highly anticipated FSD 14 update to its customers in October. The FSD 14 update introduced features such as advanced parking, new speed profiles, and improvements to autopilot, among other enhancements.

TSLA stock is up 2% year-to-date and 21% over the past 12 months.

Also See: David Sacks Clarifies He Remains Opposed To AI Bailouts After Saying Reversal In Investments Would Risk Recession

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