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Tesla bull Ron Baron sees stock gaining 89% in 2 years. Here’s how to play it

Chaim Potok by Chaim Potok
June 23, 2023
in Investing
Tesla bull Ron Baron sees stock gaining 89% in 2 years. Here’s how to play it
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Market Movers rounded up the best reactions from an investor and an analyst on Tesla . Dan Ives of Wedbush Securities and investor Ron Baron discussed the electric-vehicle maker after recent downgrades from Barclays and Morgan Stanley . The chairman and CEO of Baron Capital said on CNBC’s ” Squawk Box” Friday that he sees huge upside for Tesla, predicting the stock will hit $500 in 2025 — a potential gain of 89%. Baron also forecasted that shares will reach $1,500 in 2030 . Ives added that he sees big potential in the EV giant and artificial intelligence space.

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