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☆ Investor Ron Baron says Tesla is at a bottom and the stock will 'go up huge' from here
▼ + stars: | 2024-04-25 | by ( Yun Li | Adam Jeffery | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron, a longtime Tesla bull, believes Elon Musk's electric vehicle manufacturer has hit a bottom. What they are doing is going into robotaxis and going to make the low-cost cars," Baron said on CNBC's "Squawk Box" on Thursday. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for more than 30% of the portfolio. The fund is down more than 17% this year amid a 35% decline in Tesla shares. TSLA 1Y mountain Tesla shares over past 12 months.

Persons: Ron Baron, Tesla, Elon, Baron, Musk, weathers, — Organizations: Baron Capital, Baron Partners Fund Locations: robotaxis, Tesla, Baron's, Austin , Texas

☆ Billionaire investor Ron Baron: You can do quite well by being a long-term investor
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron: You can do quite well by being a long-term investorRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, Baron's Tesla investment, Elon Musk's leadership, Tesla's robotaxi ambitions and road ahead, EV demand, Baron's SpaceX investment, why he still hasn't bought into bitcoin, and more.

Persons: Ron Baron, Baron, Elon Musk's, Tesla's, hasn't Organizations: Baron Capital, Elon, EV, SpaceX Locations: bitcoin

☆ Billionaire investor Ron Baron: Expect Tesla's stock to go up 'huge' now
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron: Expect Tesla's stock to go up 'huge' nowRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, Baron's Tesla investment, Elon Musk's leadership, Tesla's robotaxi ambitions and road ahead, EV demand, Baron's SpaceX investment, why he still hasn't bought into bitcoin, and more.

Persons: Ron Baron, Baron, Elon Musk's, Tesla's, hasn't Organizations: Baron Capital, Elon, EV, SpaceX Locations: bitcoin

☆ Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles
▼ + stars: | 2024-04-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Billionaire investor Ron Baron told CNBC that Tesla is "going to go up huge." The stock has reached bottom after investors were unsure if the firm was scrapping plans for a low-cost model. "Oh, it's going to go up huge," he told CNBC on Wednesday. He also cited that Tesla could make a profit by eventually selling its full-self driving technology to other carmakers. Previously, Baron disclosed that he has made nearly 20 times its Tesla investment since buying the stock a decade prior.

Persons: Ron Baron, Tesla, Baron, —, Elon Musk, Musk Organizations: CNBC, Service, Baron Capital, Baron Partners Fund

☆ Ron Baron's firm has had 31 different stocks deliver 1,000% returns over the last 40 years. He shares why he's now placing massive bets on 2 companies.
▼ + stars: | 2023-11-13 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Baron, who founded Baron Funds in 1982, says he's found success over the years by taking a long-only approach and refusing to sell shares of companies he believes in. And over the last 10 years, both the Baron Partners Fund (BPTRX) and the Baron Focused Growth Fund (BFGFX) have beaten 99% of similar funds, according to Morningstar. Baron co-manages both funds, with his son Michael co-managing the Partners Fund and his son David co-managing the Focused Growth Fund. SpaceX is not publicly traded, but funds like the ARK Space Exploration & Innovation ETF (ARKX) and the two Baron funds mentioned above offer exposure to it. For SpaceX, Baron told CNBC he believes the company will go public around 2027, and that it will double in price many times over.

Persons: Ron Baron, it's, Baron, he's, Morningstar, Michael, David, Tesla, Michael Baron, That's, Elon Musk Organizations: Funds, Baron Partners Fund, Partners Fund, Baron Investment Conference, SpaceX, Innovation, Partners, Elon Musk, Intel, Microsoft, GM, Ford, Barons, CNBC Locations: New York, Nevada

☆ Billionaire Ron Baron says SpaceX will be worth about $500 bln by 2030
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

Nov 10 (Reuters) - Elon Musk's SpaceX will be worth about $500 billion by 2030, billionaire investor Ron Baron said in an interview with CNBC on Friday. Baron, who according to CNBC owns more than $1 billion worth of shares in the rocket company, said the company would be valued at about $250 billion to $300 billion over the next three years. SpaceX's current valuation of about $150 billion makes it one of the most valuable private companies in the world. Earlier in the month, Musk said Starlink, SpaceX's satellite internet unit, had achieved cash flow breakeven. Starlink is the world's largest satellite company and boasts a network of about 5,000 low-Earth orbit satellites.

Persons: Elon Musk's, Ron Baron, Baron, Musk, Starlink, Arsheeya, Anil D'Silva Organizations: Elon, Elon Musk's SpaceX, CNBC, SpaceX, Bloomberg, Thomson Locations: Bengaluru

☆ When things get tough, people tend to invest more market in their real estate, says CoStar CEO
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhen things get tough, people tend to invest more market in their real estate, says CoStar CEOAndy Florance, CoStar Group founder and CEO, and billionaire investor Ron Baron join 'Squawk Box' from the Baron Investment Conference to discuss why Baron's been bullish on the company since his first investment in 2001, the state of the real estate market, commercial real state trends, impact of the $1.8 billion broker fees ruling verdict, and more.

Persons: Andy Florance, Ron Baron, Baron's Organizations: Baron Investment Conference

☆ Billionaire investor Ron Baron: I've never owned a bond
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Ron Baron: I've never owned a bondRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' from the 30th annual Baron Investment Conference to discuss the latest market trends, Baron's biggest investment bets including Tesla, EV demand, autonomous driving, and more.

Persons: Ron Baron, I've, Baron Organizations: Baron Capital, Baron Investment Conference, EV

☆ SpaceX could be worth around $500 billion by 2030, says billionaire investor Ron Baron
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpaceX could be worth around $500 billion by 2030, says billionaire investor Ron BaronRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' from the 30th annual Baron Investment Conference to discuss the latest market trends, Baron's biggest investment bets including Tesla, SpaceX, and more.

Persons: Ron Baron Ron Baron, Baron Organizations: SpaceX, Baron Capital, Baron Investment Conference

☆ Ron Baron says he's 'amazingly bullish' on stocks despite geopolitical turmoil around the world
▼ + stars: | 2023-11-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron remains confident in the outlook for stocks even as geopolitical turmoil unfolds in the Middle East and across the globe. "I'm amazingly bullish," the Baron Capital CEO told CNBC's " Squawk Box " on Friday from the Baron Investment Conference, adding that he's buying stocks everyday. But this setup isn't deterring the investor from putting his money in the market and into companies such as Tesla . Baron also noted that he's never owned a bond. "I don't have a lot of a lot of cash here," he said.

Persons: Ron Baron, CNBC's, Baron, he's, I'm Organizations: Baron Capital, Baron Investment Conference, Washington , D.C Locations: Israel, Ukraine, U.S, Washington ,

☆ Watch CNBC's full interview with Baron Capital chairman and CEO Ron Baron
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Baron Capital chairman and CEO Ron BaronRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' from the 30th annual Baron Investment Conference to discuss the latest market trends, Baron's biggest investment bets including Tesla, EV demand, autonomous driving, and much more.

Persons: Ron Baron Ron Baron, Baron Organizations: Baron Capital, Baron Investment Conference, EV

☆ Ron Baron expects SpaceX's Starlink to go public around 2027
▼ + stars: | 2023-11-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service "in 2027 or so." "We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion," Baron said, speaking to CNBC's Andrew Ross Sorkin. Earlier this month, Baron told MarketWatch his eponymous firm's ownership of SpaceX stock was currently valued at about $1.7 billion. Last year, Musk told employees that taking the business public wasn't likely until 2025 or later. SpaceX's valuation has soared to about $150 billion, with Starlink seen as a key economic driver of the company's goals.

Persons: Ron Baron, Starlink …, Baron, CNBC's Andrew Ross Sorkin, SpaceX didn't, Musk, Starlink Organizations: CNBC, SpaceX Locations: Elon

☆ Choice Hotels chairman on Wyndham hostile bid: A 'transformative transaction' for both companies
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChoice Hotels chairman on Wyndham hostile bid: A 'transformative transaction' for both companiesPatrick Pacious, Choice Hotels International CEO, Stewart Bainum, Choice Hotels International chairman, and billionaire investor Ron Baron join 'Squawk Box' from the Baron Investment Conference to discuss Baron's investment in the company since 1996, the state of the travel industry, takeover bid for Wyndham, and more.

Persons: Patrick Pacious, Stewart Bainum, Ron Baron Organizations: Wyndham, Hotels, Baron Investment Conference

☆ Watch what happens once Tesla starts selling cars for $25,000, says billionaire investor Ron Baron
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch what happens once Tesla starts selling cars for $25,000, says billionaire investor Ron BaronRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' from the 30th annual Baron Investment Conference to discuss the latest market trends, Baron's biggest investment bets including Tesla, EV demand, autonomous driving, and more.

Persons: Tesla, Ron Baron Ron Baron, Baron Organizations: Baron Capital, Baron Investment Conference, EV

☆ Here's why Ron Baron is sticking with Tesla and Elon Musk: 'He's the lowest cost person'
▼ + stars: | 2023-11-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron is standing by his massive Tesla investment as well as Elon Musk's leadership for his cost-consciousness. The Baron Capital chairman and CEO has been known as a longtime bull in Tesla , a stock with a 46% weighting in the Baron Partners Fund (BPTIX). The investor previously revealed his firm made over 15 times its investment in Tesla since he first bought the EV stock in 2014. Baron thinks Tesla will be worth four-to-five times more by 2030 , and it will become the largest company in the world in 10 years. "Think about it as a technology company is providing services to their own company and to others.

Persons: Ron Baron, Baron, Tesla, They've, Ford Organizations: Elon, Baron Capital, Baron Partners Fund Locations: Tesla

☆ Elon Musk says Tesla can hit $4 trillion valuation forecast by billionaire investor Ron Baron over the next decade
▼ + stars: | 2023-11-02 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Tesla's total market capitalization can swell to $4 trillion over the next 10 years, Ron Baron said Wednesday. CEO Elon Musk agrees with the billionaire investor's forecast. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementLegendary growth investor Ron Baron believes that Tesla's total market capitalization could swell to an eye-popping $4 trillion over the next decade – and Elon Musk agrees.

Persons: Ron Baron, Elon Musk, —, –, Baron, Musk, Tesla Organizations: Service, MarketWatch, SpaceX, Big Tech Locations: Refinitiv

☆ 4 stocks that a trio of the world's best money managers are placing massive bets on — plus 4 investing philosophies and strategies that fuel their success
▼ + stars: | 2023-10-27 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Have a concentrated portfolioHaving a concentrated portfolio means investing in a relatively small number of stocks as opposed to a larger number for the sake of diversity. Buy quality stocksSucceeding with a concentrated portfolio relies on one thing: buying quality stocks. A quality stock is a company that's able to consistently post profits and returns on capital. Apple and Alphabet would be considered consensus quality stocks, and Munger is well known for his fondness of shares of Coca-Cola, another stock traditionally classified as quality. Buy stocks with good management teamsOne element of a company that makes it "quality" is its management team.

Persons: Charlie Munger, Bill Ackman, Michael Baron —, We've, Baron, Ackman, Ron Baron, Warren Buffett, Munger, he's, they've, They've Organizations: CNBC's, Alpha, Pershing Square Holdings, Universal Music, Morningstar, Partners Fund, Nasdaq, Berkshire Hathaway, Apple, Coca Locations: Munger, Ackman, Berkshire

☆ Watch CNBC's full interview with billionaire investor Ron Baron on betting big on Elon Musk and Tesla
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with billionaire investor Ron Baron on betting big on Elon Musk and TeslaBaron Capital CEO Ron Baron joins 'Squawk Box' to discuss Walter Isaacson's recent book on Elon Musk, his stock picks for the rest of the year, and more.

Persons: Ron Baron, Walter Isaacson's, Elon Musk Organizations: Elon, Tesla Baron

☆ Investor Ron Baron on trusting Elon Musk after making big bets on Tesla and SpaceX
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestor Ron Baron on trusting Elon Musk after making big bets on Tesla and SpaceXRon Baron, Baron Capital chairman and CEO, joins 'Squawk Box' to discuss Walter Isaacson's recent book on Elon Musk, Baron's thoughts on the innovator, and a story Baron remembers about Elon Musk.

Persons: Ron Baron, Elon Musk, SpaceX Ron Baron, Baron, Walter Isaacson's Organizations: SpaceX, Baron Capital, Elon

☆ Ron Baron stands by Tesla, sees the EV maker 4-5 times bigger in 2030
▼ + stars: | 2023-09-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ron Baron is standing by his bullish thesis on Tesla , seeing the Elon Musk-led electric vehicle maker growing as much as fivefold in the future. The Baron Capital chairman and CEO revealed that his firm has made about 20 times its investment in Tesla since he first bought the stock in 2014. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for 46% of the portfolio. "I think Tesla in the next seven years will be about four or five times as big as it is right now in the stock market," Baron said Wednesday on CNBC's " Squawk Box ." Baron Capital managed about $40 billion at the end of 2022.

Persons: Ron Baron, Tesla, Elon, Baron, I've Organizations: Baron Capital, Baron Partners Fund, SpaceX, Bucknell grad, Centers for Disease Control Locations: Tesla, Baron's, Nevada, Australia, Moderna

☆ Ron Baron has a rare long-term record of beating the market. Here's how he did it
▼ + stars: | 2023-07-26 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Billionaire investor Ron Baron is one rare active manager that has been outperforming the market since the 1980s, thanks to his eye for long-term growth. The 80-year-old investor founded Baron Capital in 1982, and 16 of his 19 mutual funds representing 98.8% of the firm's asset under management have beaten their benchmark since their inception dates. Similarly, Baron Capital considers stocks as representing part ownership of publicly traded businesses. The Baron Capital chairman and CEO has been known as a longtime bull in Tesla , a stock with a 46% weighting in the Partners fund. Baron Capital managed about $40 billion at the end of 2022.

Persons: Ron Baron, Morningstar, Baron, Warren Buffett's, Tesla, Charles Schwab Organizations: Baron Capital, Baron Partners Fund, Partners, SpaceX, Iridium Communications, Arch Capital Group, FactSet Research, Hyatt Hotels Locations: Tesla

☆ A Tesla board member once locked Elon Musk's phone in a safe to keep him off Twitter. The billionaire forced hotel security to open it, biographer says.
▼ + stars: | 2023-07-06 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com time to read: +4 min

Antonio Gracias once locked Elon Musk's phone in a hotel safe, biographer Walter Isaacson said. The move by the Tesla board member was meant to stop Musk from tweeting late into the night. Musk got hotel security to unlock the safe around 3 a.m., Isaacson said. Tesla board member and close Musk confidant Antonio Gracias once took Musk's phone away to prevent him from tweeting late into the night, Isaacson said during a Twitter Spaces event on Wednesday. Musk later got hotel security to open the safe at around 3 a.m. so he could start tweeting again, Isaacson said.

Persons: Antonio Gracias, Elon, Walter Isaacson, Tesla, Musk, Isaacson, Elon Musk's, aren't, Antonio, Elon couldn't, tweeting, " Isaacson, Twitter, —, Kimbal Musk, Gracias, Ron Baron, Baron, Tim Cook, Jeff Bezos Organizations: Morning, Twitter, Securities and Exchange Commission, Amazon Locations: British

☆ A look back at Elon Musk's love of juvenile humor as the Tesla CEO turns 52: from jokes about 420 and 69 to 'Titter'
▼ + stars: | 2023-06-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +1 min

Musk later apologized for the tweet. At the time of the incident, billionaire investor Ron Baron told Musk to stop tweeting. A year later, Musk had to pay $20 million for a settlement with the Securities and Exchange Commission after he tweeted that he had "funding secured" to take Tesla private. While Musk's plans to take Tesla private weren't a joke, it's an example of how the billionaire's presence on Twitter has impacted his companies. Sources: Insider, Insider, Insider

Persons: It's, Elon Musk, Adrees Latif, Musk, Ron Baron, Baron Organizations: SpaceX, Reuters, Twitter, Tesla, Securities and Exchange Commission Locations: Brownsville , Texas, British

☆ Russia's near-mutiny just cratered its currency against the dollar
▼ + stars: | 2023-06-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

The near-mutiny in Russia this weekend had some unexpected consequences for currencies — more on that below. And yet — the Russian ruble still plunged 3% to a 15-month low on Monday, trading at one point near 87 per dollar. The Kremlin said there was a huge uptick in foreign currency demand across 15 regions in Russia, per Reuters. During the mutiny, Russian banks had cut their ruble exchange rates to over 100 per dollar, though they've since eased prices. What's your outlook for the Russian ruble by year-end?

Persons: Phil Rosen, You'll, Vladimir Putin, GAVRIIL, Yevgeny Prigozhin's, Wagner, Prigozhin, Andrei Belousov, Putin hasn't, Spencer Platt, Morgan Stanley, Billionaire Ron Baron, Warren, there's, Goldman Sachs, Elon, Max Adams, Hallam Bullock Organizations: SPUTNIK, Getty, Reuters, Wall Street Journal, Manchester United, Walgreens, Alliance Inc, Billionaire, Dow, Harvard, Bank of America, Elon Musk's Locations: New York, Russia, Moscow, Ukraine, —, Voronezh, Rostov, Lipetsk, London

☆ Ron Baron says Tesla shares will hit $500 in 2025
▼ + stars: | 2023-06-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Tesla shares will hit $500 in 2025, longtime investor Ron Baron predicted Friday. TSLA 5Y mountain Tesla's 5-year performance Baron Capital now holds 17.5 million shares of Tesla, accounting for slightly less than 10% of the portfolio, he said. Tesla shares have been on a tear, rallying more than 114% so far in 2023. That runup led longtime Tesla bull Adam Jonas, an analyst at Morgan Stanley, to downgrade the stock to equal weight from overweight Thursday. Tesla shares sank 65% last year.

Persons: Tesla, Ron Baron, Baron, runup, Adam Jonas, Morgan Stanley, he's Organizations: Ford, General Motors, Tesla, Baron Capital

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