Tesla Bull Gary Black Says Cybercab Won't See An Early Roll Out, Expects A Cheaper Compact Car Under $30K To Launch In First Half Of 2025

The Future Fund managing partner Gary Black thinks that Tesla Inc. (NASDAQ:TSLA) will not roll out the Cybercab earlier than its scheduled release in 2026.

What Happened: Black said in a post on X on Friday that those who believe Tesla won't launch a more affordable compact model priced between $25,000 and $30,000 with four seats, a steering wheel, and pedals in the first half of 2025 are overlooking key details.

He referenced the EV giant's third-quarter earnings call transcript where Elon Musk tied the topic of a cheaper Tesla EV to a forecast of 20-30% YoY volume growth for 2025.

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He went on to add that the Cybercab won’t be available until 2026, underscoring that Tesla will not disclose any details about the new cheaper model until right before its launch to avoid impacting Model 3 or Model Y sales in the fourth quarter.