Tesla’s shares have been heading upward in recent weeks, and one analyst thinks the stock still has a lot of room for growth. On the heels of increased demand from Tesla’s recent price cuts, some are looking toward the stock’s upside for future years, especially as more consumers consider buying … [continued]
Ron Baron’s Baron Capital held its first annual gathering since 2019 earlier this month, featuring an interview with Tesla CEO Elon Musk in front of 5,000 investors at the Metropolitan Opera House in New York City. The interview comes during a tough year for the stock market at large, but … [continued]
California’s ban on gas car sales is just under a decade and a half away, but most automakers still have a ways to go in the transition to electric vehicles. With Tesla remaining the industry’s current pace-setter, some analysts think the Elon Musk-led company could be poised to win big … [continued]
Investing legend Ron Baron has been holding Tesla in his portfolio since 2014, well before the company’s stock rose to new highs for the auto industry. In response to recent concerns about Musk’s sudden decision to buy a stake in Twitter, Baron didn’t budge and doubled down on his bullish … [continued]
Iconic investor Ron Baron says that Elon Musk’s companies are “innovating at the speed of light” in a recent interview with David Rubenstein for Bloomberg Wealth. Baron has high hopes for SpaceX, and also believes Tesla could return 300% to investors over the next 10 years. Looking back, Baron predicted Tesla … [continued]
Tesla’s recent stock price rise has come as a shock to many, but not to others who have believed in Tesla (sometimes for more than a decade). One of those strong Tesla bulls has been ARK Invest. ARK has been focused on the larger picture since its inception. So far, this has been the best way to consider Tesla’s potential — in terms of sales, expansion, and apparently stock price as well.
After the company’s bumpy first quarter, Tesla’s share price has experienced a dizzying rollercoaster ride. All across financial news media outlets, the narrative surrounding the company continues to feed off of FUD (fear, uncertainty, and doubt). And much of it appears to be echoed by Wall Street analysts who cover the stock. Some influential investors, however, see things differently.
With Tesla, Elon Musk set out to accelerate the advent of sustainable energy. With solar, battery storage, and electric cars, Musk is looking (deeply) at practical clean energy solutions for the planet. He’s even opened the company’s patents to expedite EV adoption by others in the auto industry.
Elon Musk has accomplished some jaw-dropping feats at SpaceX and Tesla. Louis Sarkozy, son of former French President Nicolas Sarkozy, asks (via Washington Examiner), “Should he be recognized as a capitalist example, champion of science, and hero of the environment? Yes. Is the media fawning over his countless moral deeds and wishing him success in his progressive endeavors? No. Rather, he is constantly berated, belittled, and criticized for trivial reasons.”
Ron Baron is a legend in the investing world — his eponymous fund group has about $30 billion under management. Baron recently gave a meaty interview about Tesla to CNBC. There’s a lot of interesting material here, beyond Baron’s headline prediction that Tesla could earn a trillion dollars in revenue in 2030.
