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Stockreport

Ron Baron: Tesla's bottom is here now, Expect the stock to go up “huge” [Seeking Alpha]

Tesla, Inc. (TSLA)  More Company Research Source: Seeking Alpha
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In a CNBC interview, the Tesla bull billionaire investor said that the company's future is in their Robotaxis and their promised affordable electric car. On Tuesday, the company announced new models by 2025, including low-cost cars. Earlier this month, Tesla ( TSLA ) backed down from announcing a $25,000 Model 2 car. But Baron believes that within 10 to 15 years, all cars are going to be electric. The hybrid car trend, he added, “is sort of holding off action so the automobile companies don't have to lose money on the electric cars,” and said those are too expensive and not effective enough. Also, he said that the reason why the stock is down (-33.65% year-to-date) is that people were concerned that Tesla's CEO Elon Musk would abandon the idea of having a low-cost car, but he is not. Tesla has the capacity to make 3 million low-cost cars a year, he said. In addition, Baron said SpaceX is going to make 20 times its gains over the next 15 years and four times over the next six [Read more]
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Stockreport

Ron Baron: Tesla's bottom is here now, Expect the stock to go up “huge” [Seeking Alpha]

Tesla, Inc.  (TSLA) 
More Company Research Source: Seeking Alpha
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In a CNBC interview, the Tesla bull billionaire investor said that the company's future is in their Robotaxis and their promised affordable electric car. On Tuesday, the company announced new models by 2025, including low-cost cars. Earlier this month, Tesla ( TSLA ) backed down from announcing a $25,000 Model 2 car. But Baron believes that within 10 to 15 years, all cars are going to be electric. The hybrid car trend, he added, “is sort of holding off action so the automobile companies don't have to lose money on the electric cars,” and said those are too expensive and not effective enough. Also, he said that the reason why the stock is down (-33.65% year-to-date) is that people were concerned that Tesla's CEO Elon Musk would abandon the idea of having a low-cost car, but he is not. Tesla has the capacity to make 3 million low-cost cars a year, he said. In addition, Baron said SpaceX is going to make 20 times its gains over the next 15 years and four times over the next six [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