Longtime Tesla shareholder and billionaire investor Ron Baron believes the electric car company could be worth $5 trillion within a decade and says CEO Elon Musk The long-term goal is a higher number. “Based on the business plan that I know of, I think Tesla will be worth $3 or $4 trillion, maybe even $5 trillion in 10 years. And then Elon thinks it’s going to be worth $30 trillion in the long run. U.S. dollars. As of Thursday’s close, Nvidia’s market capitalization was $3.65 trillion, surpassing Apple and Microsoft, which had a market capitalization of $1.12 trillion in 2014, according to FactSet. He first invested $400 million in Tesla in 2016 and said his early investments have netted him $6 billion across Barron’s funds as the electric car company gained mainstream recognition. 10% of the portfolio. TSLA ALL mountain Tesla Tesla is seen as a big beneficiary of the Trump administration’s promised policies, as Musk has been a major supporter and donor of the president-elect this year. Musk was recently dismissed by Trump. Appointed to lead the so-called Department of Government Efficiency alongside former Republican presidential candidate Vivek Ramaswamy, Tesla shares surged about 25% during the post-election rally in November alone. The market value is back at $1 trillion. Barron said that in the long term, he will hold Tesla shares. “I will definitely not sell the shares. If they get too big, I will have to cut back a little bit, but I have no intention of doing so.” “Quit,” he said. The chairman of Baron Capital also expressed optimism about Tesla based on the prospects of the Optimus humanoid robot currently under development. Last month, at the “We, the Robots” event, Musk said Tesla was making progress on Optimus, which would eventually cost between $20,000 and $30,000, adding that it would “be a teacher and take care of you.” kids, walk your dog, mow your lawn, go get groceries… you name it. “His idea was these robots… He thought it would be his biggest business ever. ,” Barron said. “He said everyone would have a robot.”
