At Extreme Investor Network, we are always on the lookout for the next big investment opportunity. That’s why we were excited to hear Ron Baron’s recent comments regarding Tesla’s robotics business.
Baron, a longtime Tesla champion, believes that the electric vehicle company’s robotics business will be hugely profitable and that it’s not yet priced into the stock. In a recent interview on CNBC’s “Squawk Box,” Baron predicted that Tesla could see incredible returns in the next 10-15 years, with the potential to make four to six times the initial investment.
What sets Tesla apart is its focus on developing autonomous vehicles and humanoid robots. CEO Elon Musk has bold ambitions to make Tesla a leader in AI and robotics, with plans to unveil a robotaxi design in the near future. While Musk has faced scrutiny over his self-driving promises in the past, Baron remains confident in Tesla’s potential for success in the robotics industry.
Baron’s firm, Baron Capital, has been a longtime investor in Tesla, with the stock becoming the biggest holding in their oldest and largest fund. In fact, Baron’s firm has made about 20 times its initial investment in Tesla since 2014. This track record of success speaks to the potential for Tesla’s robotics business to drive significant growth in the coming years.
As Baron puts it, “Everyone’s lives are going to be dramatically better because of AI and robotics.” At Extreme Investor Network, we couldn’t agree more. The future of investing lies in identifying disruptive technologies and industries, and Tesla’s foray into robotics presents a compelling opportunity for investors.
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