Longtime Tesla (NASDAQ:TSLA) shareholder and billionaire investor Ron Baron of Baron Capital recently weighed in on Tesla and Elon Musk’s potential in the coming years of the Trump administration. As per the legendary investor, Tesla could hit a market cap of about $5 trillion in 10 years.
During an interview with CNBC’s Squawk Box, Baron noted that Tesla already comprises about 10% of Baron Capital’s assets, while SpaceX comprises about 5%. The investor noted that he is optimistic about Tesla’s future, though Musk is arguably more optimistic.
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“Tesla, I think, is going to be worth $3 or $4 trillion — $5 trillion in 10 years, based upon the business plan that I am aware of. Then Elon believes that longer term it’s going to be worth $30…
