Tesla investor Ron Baron says company will hit $1 trillion in revenue in 10 years
"It's nowhere near ended at that point and time," he said Tuesday morning onBaron, whose eponymous investment firm holds nearly 1.63 million Tesla shares, said Baron Capital will not sell a single share of company. Tesla's recent run, he said, is "just the beginning" as he believes the company "could be one of the largest companies in the whole world."
As of Monday's close, Baron's Tesla stake was worth $1.3 billion. He said he accumulated the Tesla shares at an average cost of $219 each. Tesla's stock has climbed nearly 220% in the past six months, including roughly 86.5% this year. The company's market cap is now more than $140 billion -- nearly triple that of
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