<ul><li>Tesla analyst Gary Black's firm, The Future Fund, has sold its entire $TSLA holding, citing concerns over the company's price-to-earnings ratio and future delivery figures.</li><li>Black believes Tesla is disconnected from underlying fundamentals and has a price target of $310 based on their forecast of 2030 Tesla volumes.</li><li>The main concern is Tesla's high P/E ratio of 188x by 2025 as earnings estimates continue to fall, driven by weak YTD deliveries and quarterly decline predictions.</li><li>Black is skeptical about Tesla's Robotaxi platform and affordable models, questioning the value and potential impact on the company's growth and stock performance.</li></ul>

Tesla analyst’s firm has sold its entire TSLA position: Here’s why

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