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International Business Times UK
International Business Times UK
Akshay Puri

Ron Baron Predicts Tesla Could Hit $2,500 — Valuation Would Soar to Staggering $8.3 Trillion

Baron’s confidence in Tesla and SpaceX showcases his belief in Elon Musk’s rare ability to turn the impossible into reality. (Credit: Baron Capital)

For much of the past decade, Tesla has inspired both fierce criticism and extraordinary belief. To sceptics, the company remains a volatile carmaker trading far beyond traditional valuations. To supporters, Tesla represents something much larger. A technology empire still at the beginning of its rise.

Now, one of Wall Street's most influential long-term investors has delivered an eye-catching prediction that is once again turning heads across global markets. Speaking on CNBC's Squawk Box on 12 May, legendary investor Ron Baron said Tesla stock could climb to between $2,000 and $2,500 within the next decade.

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