Ron Baron says he won’t sell a single personal Tesla share amid the EV play's big decline
Published On Mar 11, 2025, 9:15 AM
Billionaire investor Ron Baron has announced he will not sell any of his personal Tesla shares, despite a significant drop in the stock price. The shares fell 15% recently, marking a severe downturn for the company. Baron believes these lower prices represent a buying opportunity and expressed confidence in Tesla's future potential, predicting substantial returns over the next decade. He highlights his long-term commitment to the company, stating he will hold his personal shares until all client shares are sold, emphasizing his belief in the company's prospects despite recent struggles.
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Baron's statement reflects continued confidence in Tesla's long-term growth prospects, even amidst its recent downturn. His investment strategy suggests that he anticipates a rebound, aligning with other market perspectives that see potential for recovery in electric vehicle demand.
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