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Tesla Megabull Ron Baron Says It Was 'Painful' To Sell 1.7M Shares
Thursday, March 4, 2021 - 10:20am | 443Longtime Tesla Inc (NASDAQ: TSLA) bull Ron Baron acknowledged Thursday morning his fund Baron Capital sold 1.7 million shares of the electric automaker despite his long-held belief the stock has a path to $2,000. What Happened: Baron Capital invested $387 million in Tesla's stock back...
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What Do The Pros Think About Tesla's Bitcoin Investment?
Monday, February 8, 2021 - 6:31pm | 607Tesla Inc (NASDAQ: TSLA) investor Ron Baron says the company's decision to invest $1.5 billion in Bitcoin (BTC) and accept the digital currency as a payment option is "not surprising." Musk Likes Bitcoin: Tesla CEO Elon Musk has been "commenting favorably" on bitcoin...
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Why Ron Baron Is Holding His Tesla Shares Despite 400% Gain In 2020
Wednesday, October 14, 2020 - 11:15am | 419Billionaire investor Ron Baron expected his initial investment in Tesla Inc (NASDAQ: TSLA) to generate a return of 20 times — and he said Wednesday that he's halfway to the goal. What Happened: Baron's investment firm Baron Capital owns more than 7.3 million shares of Tesla at...
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The Tesla Shareholders Who Benefit The Most From The Q2 Delivery Beat
Monday, July 6, 2020 - 7:46am | 437After announcing many more second-quarter vehicle deliveries than Wall Street expected, Tesla stock set new records, closing above $1,200 for the first time. While this is great news for the company, stock holders also benefit greatly from Tesla's success. The following are some of...
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Tesla's Journey To $1,000 In 2020
Wednesday, June 10, 2020 - 10:15am | 733Tesla Inc (NASDAQ: TSLA) has delivered some unbelievable returns in the past year, climbing from lows of $176 in late May 2019 to a new all-time high north of $1,000 on Wednesday. The road for Tesla investors in 2020 has been a bumpy one, but investors are certainly happy about the...
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Tesla Bull Vs. Bear: Ron Baron And Paul Meeks
Tuesday, June 9, 2020 - 2:33pm | 482Notable Tesla Inc (NASDAQ: TSLA) bull Ron Baron made his case for the stock Tuesday morning on CNBC's "Squawk Box." Shortly after, Paul Meeks offered a near-term bearish perspective and argued where Baron was wrong for wanting to buy the stock now. Why Baron Says Tesla Is Achieving...
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Early Tesla Investor Ron Baron Sees Path To $1T In Revenue
Tuesday, February 4, 2020 - 10:16am | 397Forget about joining the $1-trillion valuation club: early Tesla Inc (NASDAQ: TSLA) investor Ron Baron said Tuesday that Tesla will generate $1 trillion in revenue in 10 years. Baron's Tesla Call Baron, a billionaire mutual fund manager, said Tuesday morning on CNBC's "Squawk Box...
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Ron Baron Remains A Tesla Bull Despite Its 'Self-Inflicted Wounds'
Tuesday, August 20, 2019 - 2:19pm | 452Many investors count Ron Baron as one of the biggest Tesla Inc (NASDAQ: TSLA) bulls given his prior calls for the electric car marker to increase revenue from $21.5 billion in 2018 to $1 trillion in revenue by 2030. On Tuesday, he sat down for an interview with CNBC and explained why he remains...
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Ron Baron Hated Tesla's SolarCity Deal, But Now He Loves It
Tuesday, June 13, 2017 - 10:02am | 366Many Wall Street analysts and investors were not initially supportive of Tesla Inc (NASDAQ: TSLA)'s multi-billion acquisition of its sister company SolarCity. For instance, notable fund manager James Chanos said the acquisition represents a "shameful example of corporate governance at its worst."...
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Legendary Investor Ron Baron Remains Uber-Bullish On Tesla
Tuesday, June 13, 2017 - 8:45am | 364Billionaire investor and Tesla Inc (NASDAQ: TSLA) shareholder Ron Baron explained Tuesday morning why he remains bullish on the company even though the stock has already gained nearly 70 percent in 2017 alone. Baron was a guest on CNBC's "Squawk Box" and proudly stated that his firm...
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Uber Tesla Bull Ron Baron Thinks His Investment Will Quadruple In 3 Years
Wednesday, February 15, 2017 - 10:34am | 320Ron Baron, the billionaire founder of Baron Capital, was a guest on CNBC's "Squawk Box" Wednesday to talk about one of his hottest stock ideas -- Tesla Inc (NASDAQ: TSLA). Back in June 2016, Baron expressed "high hopes" for Tesla and confirmed he holds an approximate $300...
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Lofty Goals Don't Always Come To Fruition, Especially For Elon Musk
Tuesday, August 16, 2016 - 8:15am | 390By all accounts, Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk is a visionary, but there are valid concerns that his vision is overly ambitious. Consider Musk's lofty goal of manufacturing one million cars by 2020. Taken by itself, this seems like a bold objective that only a visionary CEO could...
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Why Are Tesla Shares Spiking Higher Today?
Tuesday, June 7, 2016 - 12:47pm | 334Tesla Motors Inc (NASDAQ: TSLA) shares are up 4.7 percent on Tuesday following some major positive press. First, billionaire long-term investor Ron Baron told CNBC’s "Squawk Box" that he has high hopes for Tesla. “I think this could become one of the largest companies in...
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Barron's Picks And Pans: Marriott, Mohawk, Tyler Technologies And More
Sunday, April 24, 2016 - 1:34pm | 622Featured stories this weekend in Barron's ponder the prospects for a major hotel merger, a leading floor covering maker and a software maker for local governments. This issue also takes a look at a property and casualty insurer and a movie theater company. Other articles discuss the latest Barron'...
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Dow to Hit 60,000 by 2033?
Monday, July 8, 2013 - 12:30pm | 477If you’re hard at work planning your portfolio strategy for the next 20 years, a noted investor has a bold call that’s worth reading. You may have never heard of Ron Baron. He runs Baron Capital, a firm that manages more than $18 billion in assets. He has a personal net worth of about $1.6...