Investment

Ron Baron: Tesla’s stock will at least double in five years

According to Ron Baron, Tesla’s major shareholder, Tesla’s rapid development will continue for several years. In an interview recently, Ron Baron said that Tesla’s share price could soar 215% from its current level in the next five years. “It’s going to be $2000 or $3000 in five years, and the share price will double again in the next five years,” he said. Ron Baron is chairman and founder of Baron funds, which manages several growth mutual funds for investors. Several funds managed by Baron funds hold Tesla, including Baron Partners Fund …

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