Part 6/9:
Baron lauds Elon Musk as a "genius" who manages the enormous complexity of Tesla's operations. The early skepticism that surrounded Tesla is now replaced by confidence that the company’s full potential is yet to be unlocked. He believes Musk’s innovations—particularly in autonomous driving and robotics—will be transformative.
He emphasizes that the calculations presented do not even include the full impact of Tesla’s robotaxis, which Musk has confidently stated will be a game-changing revenue stream. Baron believes that once self-driving capabilities are fully realized, Tesla’s enterprise value could reach $10 trillion, translating to a stock price around $3,300 per share.