TSLA - Nvidia Had Games Amazon Had Books 'Tesla Has Cars': Ron Baron Is So Bullish On Elon Musk He 'Can't Even Put A Top' On Tesla Stock | Benzinga
Billionaire investor Ron Baron has a cost average of around $13 on his Tesla Inc (NASDAQ:TSLA) investment. If he was not restricted from buying more, he would continue buying at current levels as he doesn’t see a top in sight.
What To Know: Wednesday on CNBC’s “Squawk Box,” Baron, founder and CEO of Baron Capital, explained that his firm has maxed out its exposure to Tesla with a 7% weighting across its funds — that’s the only thing stopping him from buying more.
“If I had a chance to buy more stock in Tesla right now, I’d buy more stock in Tesla,” Baron said.
“I think, in the next 10 years, we’re going to make four, five, six times our money, but I can’t even put a top on how much we’re going to make in Tesla because there are so many businesses.”
Tesla was started as an electric ...