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Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Baron sees all cars being EVs in 10 to 15 years, and cited Tesla's cost efficiency compared to rivals. Tesla 's stock has reached a positive inflection point and will leave recent lows in the dust now that the company is giving investors what they want, according to billionaire investor Ron Baron. "Oh, it's going to go up huge," he told CNBC on Wednesday. "Now is the bottom." So far this year, Tesla shares have crashed more than 34%, driven downwards by a first-quarter delivery slag, reports of a pivot towards robotaxis, and a string of leadership controversies But to the Baron Capital founder, eroding sentiment had less to do with how the electric vehicle maker performed, but whether CEO Elon Musk was still committed to coming through on promised projects. "When I think about the reasons the stock is down, it's because people were concerned that he was going to abandon the idea of having a low-cost car and go all into robotaxis," Baron said. Doubts first crept in after a [Read more]
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Stockreport

Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Baron sees all cars being EVs in 10 to 15 years, and cited Tesla's cost efficiency compared to rivals. Tesla 's stock has reached a positive inflection point and will leave recent lows in the dust now that the company is giving investors what they want, according to billionaire investor Ron Baron. "Oh, it's going to go up huge," he told CNBC on Wednesday. "Now is the bottom." So far this year, Tesla shares have crashed more than 34%, driven downwards by a first-quarter delivery slag, reports of a pivot towards robotaxis, and a string of leadership controversies But to the Baron Capital founder, eroding sentiment had less to do with how the electric vehicle maker performed, but whether CEO Elon Musk was still committed to coming through on promised projects. "When I think about the reasons the stock is down, it's because people were concerned that he was going to abandon the idea of having a low-cost car and go all into robotaxis," Baron said. Doubts first crept in after a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS