According to @garyblack00, his fund does not currently own TSLA and is neither bullish nor bearish, remaining on the sidelines due to what he views as a stretched valuation that already discounts success in unsupervised autonomy (source: @garyblack00 on X, Dec 18, 2025). He identifies the next major TSLA trading catalyst as the removal of safety monitors in Robotaxis, which would signal an imminent scale-up and is targeted by Elon Musk in Austin by year-end (source: @garyblack00 on X, Dec 18, 2025). He adds that despite the extended valuation, he does not view TSLA as a short candidate and does not short great companies; he cites assets under management above $300M and notes that not owning TSLA has not hurt performance this year (source: @garyblack00 on X, Dec 18, 2025). He also references other autonomy efforts from GOOG, BIDU, PONY, WRD, and AMZN as part of the competitive landscape already reflected in valuations, reinforcing his neutral stance (source: @garyblack00 on X, Dec 18, 2025). No direct cryptocurrency market implications were mentioned in the post (source: @garyblack00 on X, Dec 18, 2025).