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Published 19 days ago

Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles

Summary by Business Insider
Ron Baron once told Elon Musk to stop tweeting.Associated Press via Business Wire Billionaire investor Ron Baron told CNBC that Tesla is "going to go up huge." The stock has reached bottom after investors were unsure if the firm was scrapping plans for a low-cost model. Baron sees all cars being EVs in 10 to 15 years, and cited Tesla's cost efficiency compared to rivals. Tesla's stock has reached a positive inflection point and will leave recent…

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