Artful Dodger
"Neko no me"
Does anyone remember if this is a reduction from previous 2030 predicts from Baron? I consider him a hyper-bull, yet I am expecting more by 2030....
Yeah, I track Ron Baron on Tesla.
Billionaire Ron Baron: I could make 30-50 times my money on Tesla over next 15 years | Nov 4, 2016 Market Cap for TSLA in 2016 was $34.4B so 30x that is exactly $1T. See here for historical data by year:
Ron Baron then repeated this on CNBC Televison on Nov 9, 2018 (a year before TSLA had it's big run after becoming profitable in Q3 2019)
In 2030 Tesla could be a trillion-dollar company, says Ron Baron | CNBC TV (2018-11-09)
Ron doubled his PT just before the 'social influencer' short-faced bear raid:
Tesla longtime bull Ron Baron sees TSLA's path to $2 trillion market cap (Oct 14, 2020)
And Dave Lee covered Ron's 2030 price target just 10 months ago:
Ron Baron’s 2030 Tesla Stock Price Target (Ep. 695) | Dave Lee (Nov 05, 2022)
Napkin Math:
2025: $500-$600 per share
2030: $4.5T Market Cap (~$1,400/sh)
Most notably, Ron's numbers are just for the Auto business, w/o FSD. They DO NOT include robots, autonomous vehicles, or batteries:
Cheers!
TL;dw If you only have time for 1 of these videos, I recommend @DaveT for the 'base case' plus the 'free call options' on FSD, robotics, and energy storage.