Ron Baron Bets Big on Tesla’s Future: Robots are the Key

Okay, so you know Ron Baron, right? The Baron Capital bigwig? Well, this guy’s got some serious faith in Tesla. Like, diamond-handed, never-selling kinda faith. And it’s not just about electric cars, people. In a recent CNBC interview, Baron spilled the tea – he thinks Tesla’s robotics game is gonna blow. up. He’s talking a potential four-to-six bagger on his Tesla stock in the next ten years, and that’s before the robots really take over, which, let’s be real, they totally will.

Tesla: From Electric Cars to Unbelievable Robots

Baron’s basically saying Tesla’s gonna be the Terminator, but instead of hunting Sarah Connor, they’ll be raking in cash. Why’s he so hyped? Two words: autonomous vehicles and humanoid robots. Remember that whole “AI is gonna change the world” thing everyone’s been buzzing about? Yeah, Baron’s banking on Tesla being the top dog in that AI-powered robotic revolution. And who can blame him? Elon Musk, the main man himself, has made it crystal clear: Tesla’s not just a car company anymore; it’s an AI and robotics powerhouse in the making.

Calling All Robotaxis: Tesla’s CyberCab is Coming

Remember all those times Elon Musk promised us self-driving cars “like, next year, for real this time?” Well, it seems like “next year” is finally here! Musk recently droppped a bombshell: Tesla’s robotaxi, the “CyberCab,” is set to be revealed on August eighth, twenty-twenty-four. That’s right, folks, get ready for robot chauffeurs and AI-powered road trips. And here’s the kicker – Baron’s convinced this robotaxi game isn’t just about selling cars anymore; it’s about recurring software revenue. Imagine a world where Tesla’s not just building the coolest cars but also the brains behind them, raking in cash from software subscriptions like it’s Netflix. Now that’s what you call long-term profitability, baby!

Baron’s practically giddy when he talks about the potential of AI and robotics. He’s convinced it’s gonna change our lives in ways we can’t even imagine, and he wants Tesla to be leading the charge. He sees the CyberCab as just the tip of the iceberg, the first step in a Tesla-powered robot revolution.

Tesla: Undervalued and Ready to Soar

Here’s the thing, according to Baron: Wall Street’s clueless. They’re so busy obsessing over quarterly earnings and car sales that they’re missing the bigger picture. They haven’t even begun to factor in Tesla’s robotics potential, which Baron believes will make the company more valuable than, well, almost anything. This, my friends, is what Baron calls a “once-in-a-generation” investment opportunity. He’s talking about those rare moments when a company comes along and totally disrupts the game, like Apple with the iPhone or Amazon with, well, everything. Baron’s convinced Tesla’s on that same trajectory, and he’s betting big on it.

Baron and Tesla: A Love Story for the Ages

Now, Baron’s not just some Johnny-come-lately to the Tesla party. This dude’s been all-in since . He saw the potential way back when Tesla was still figuring out how to make an electric car that didn’t burst into flames. And guess what? His early bet paid off big time. We’re talking a cool twenty-bagger on his initial investment. That’s right, he turned every dollar into twenty bucks just by believing in Elon and the Tesla dream. And get this: Tesla isn’t just some side hustle for Baron; it’s his main squeeze. His flagship fund, the Baron Partners Fund (BPTIX), has almost thirty percent of its portfolio riding on Tesla. That’s like putting all your eggs in one very expensive, very electric basket.

Elon’s Biggest Fan? It Might Be Ron Baron

Remember all that drama about Elon Musk’s pay package? The one that made him, like, the richest human ever? Yeah, most people thought it was kinda extra. But not Ron Baron. This guy went full-on hype man, publicly endorsing the whole shebang. He basically said Elon deserves every penny because he’s a visionary, a genius, a real-life Tony Stark (minus the goatee and the questionable morals, maybe). This endorsement was more than just a vote of confidence in Elon; it was a resounding declaration of Baron’s unwavering belief in Tesla’s future. It’s like he was saying, “Elon, you do you. Spend that on rocket ships and robot butlers for all I care. I’m here for the long haul.”