Part 4/11:
Despite Tesla’s price surging from around $225 to more than its current levels, Baron emphasizes that his belief in Tesla’s long-term potential remains intact. He forecasts that Tesla stock could reach $500 in 2025, $1,500 in 2030, and possibly more—expecting a 10x increase from today’s prices.
Baron’s optimistic outlook hinges on Tesla’s innovative approach, rapid factory development, and entrepreneurial efficiency. He points out that Tesla’s investments are highly profitable with astonishing returns—building a factory that costs $7 billion can generate $15 billion in profit, showcasing Tesla’s exceptional capital efficiency, especially compared to traditional automakers.