Nov. 1 that he sees a path for Tesla's market cap to hit $4 trillion, an increase of more than six times the stock's current value. By 2025, Baron said,Tesla CEO Elon Musk's mission of converting the world to electric vehicles would fail. After several years of research, however, he"became convinced" that Musk would be successful, investing a little less than $400 million in the company in 2014."We invested because I thought there was a big upside," he said.
This research involves understanding how a given business operates, what is special about that business and whether that unique factor can be replicated by other businesses. When it comes to Tesla, Baron is"convinced that people cannot do what they're doing."Tesla's highly-anticipated Cybertruck will begin making deliveries in November.
by 2027, an increase of roughly ten times the company's current value. Wood's uber-bullish projection has remained unchanged since April,"I have very high confidence in the long-term value of Tesla, I see it, I really see a path to a 10x, maybe call it a 5x increase in the value of the company," Musk said in July."Maybe a 10x. Where things go along the way, the trials and tribulations and the mood of the markets, one cannot predict.
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