Billionaire investor Ron Baron believes Tesla has the potential to hit “at least” $1 trillion in revenue in 10 years and continue to grow from there.
“It’s nowhere near ended at that point and time,” he said Tuesday morning on “Squawk Box.” “There’s a lot of growth opportunities from that point going forward.”
Baron, whose eponymous investment firm holds nearly 1.63 million Tesla shares, said Baron Capital will not sell a single share of company. Tesla’s recent run, he said, is “just the beginning” as he believes the company “could be one of the largest companies in the whole world.”
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