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The Latest Breaking News from Future Fund

Memo to Greg Combet: vote the Future Fund’s $110m Tesla shares against Musk’s latest pay scam

The government is currently fighting Elon Musk in the courts. But there might be another way to take the billionaire down a peg.

Crikey

Analyst makes a bold prediction about Tesla's future

Some investors are not happy about recent moves the Future Fund made.

The Street

Former governors want power to overrule RBA to stay

Resistance is building to the federal government's plan to scrap a never used power to intervene in Reserve Bank decision making.

AAP

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read the most diverse news in one place.

Changing of the guard at Future Fund puts Combet at top

Former ACTU leader and Labor minister Greg Combet is the new chair of Australia's sovereign wealth fund, replacing Liberal stalwart Peter Costello.

AAP

Top Tesla bull says it's too early to include robotaxis in its valuation

Gary Black, managing partner of Future Fund, said some Tesla bulls miss this point.

The Street

Elon Musk’s Twitter Purchase May Have Contributed To Tesla Stock Weakness

Tesla investor Gary Black suggests that Musk's acquisition of Twitter, now renamed X, has negatively impacted Tesla's stock performance.

Zenger

Tesla Struggles To Boost Sales Amid Price Cuts As Future Fund Sees Potential Recovery

Tesla's series of price cuts fail to drive volume, but Future Fund's Gary Black remains optimistic

Zenger

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Tesla Investors Lose Confidence As Shares Plummet On Disappointing Quarter

Elon Musk misses opportunity to address investor concerns amid fears of further price cuts.

Zenger

Sunak’s Covid startup fund invested nearly £2m in firms linked to his wife

Four businesses linked to Akshata Murty revealed to have received investment from much-criticised Future Fund

The Guardian - UK

Tesla Reports First Double Miss In Four Years, Stock Plummets 5%

Tesla's first double miss in four years disappoints investors as stock plunges over 5% in after-hours trading.

Zenger

Future Fund boss Peter Costello won't seek third term

Australia's former federal treasurer Peter Costello won't seek a third term as chair of the Future Fund and recruitment for his replacement is underway.

AAP

Rivian Shares Plunge 23% On Debt Offering, Analysts Divided On Overreaction

Future Fund's Gary Black calls selloff 'way overdone', while CNBC's Jim Cramer expresses concerns

Zenger

The Greens were right to agree to pass Australia's Housing Future Fund bill – the case for further delay was weak

The Housing Australia Future Fund, or HAFF, will finally pass the Senate this week, most likely on Thursday.

The Conversation

Why This Tesla Analyst Refuses To Let Go Of Stock Despite Mega-Cap Peer Pressure

Tesla, Inc

Zenger

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Zenger

Tesla Bull Recommends Acquisition Of Uber To Boost Autonomous Ride-Hailing

Future Fund's Gary Black suggests Tesla should buy Uber to enter the autonomous ride-hailing market and access its consumer data.

Zenger

Tesla Shares Fall To About 12% Since The Electric Vehicle Maker Reported Its Second-quarter Results

If Tesla continues to move lower on decreasing volume, the stock is likely to print a bullish reversal candlestick.

InsideEVs

Cybertruck To Be A “Homerun” For Tesla, Catapult Stock: Industry Expert

Future Fund ETF's co-founder Gary Black is bullish about the Tesla stock next year due to the Cybertruck.

Zenger

Tesla Stock Plunges As Investors Seek Clarity On Autonomy And Pricing

Analyst suggests Elon Musk should focus on existing businesses and provide more clarity on pricing and gross margins.

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Zenger

Tesla’s Q2 Earnings Call: Model 3 Refresh And Financial Metrics In Focus

Tesla's Q2 earnings call raises questions about Model 3 refresh timing and key financial metrics

Zenger

Tesla Q2 Earnings: Analyst Predicts Higher Adjusted EPS Of $0.87

Gary Black of Future Fund estimates improved earnings for Tesla, with key management commentary in focus

Zenger

Rivian’s Surge In Stock Price Makes It An Attractive Acquisition Target In EV Market

Future Fund's Gary Black predicts an established automaker will acquire Rivian for its broad reach in fast-growing EV segments.

The Guardian - UK

‘A naive and stupid idea’: how Rishi Sunak’s Future Fund spent millions on failed firms

The then chancellor’s loan scheme, set up as Covid hit, was supposed to keep dynamic startups going, but ended up giving taxpayer cash to long-established or lame duck businesses

The New Daily

Michael Pascoe: Labor spins a housing policy that does nowhere near enough

Labor’s successful election campaign including its housing policy was designed to just be a little better than Scott Morrison’s – a low bar.

Fortune

Bad news, Tesla bulls: Elon Musk plans to keep running Twitter for the rest of this year

The billionaire entrepreneur said it’s unlikely he’ll be able to choose a suitable successor to run the ailing social media platform until the end of 2023.

The Guardian - UK

Akshata Murty held shares in collapsed firm that had near £300k ‘Sunak’ taxpayer loan

Employees and Lloyds Bank among creditors, after liquidation of firm that benefited from pandemic aid devised by Murty’s spouse, Sunak

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