Investor Ron Baron Predicts Tesla Could Earn $1 Trillion in Revenue in 10 Years

by | Last updated Feb 16, 2020 | Automotive

Investor Ron Baron Predicts Tesla Could Earn $1 Trillion in Revenue in 10 Years 1

As Tesla stock heads past $900 a share after jumping up nearly 80% in the past month, Ron Baron of Baron Capital was recently interviewed by CNBC’s Squawk Box and shared his views on why he currently holds 1.63 million shares of Tesla and believes Tesla could earn be earning $1 trillion in revenue in the next 10 years.

According to Ron Baron, Tesla will do about $32 million in revenues in 2020 and $100 billion in revenue within the next 4 years. They will then have the potential for $1 trillion in revenues within the next 10 years. This prediction is also only assuming Tesla sells 10 million cars and doesn’t include the potential from the battery business which he believes could be about another trillion on top of that.

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Tags: Tesla | TSLA
<a href="https://www.gearprimer.com/sam-chen-biography/" target="_blank">Sam Chen</a>

Sam Chen

Sam is a Southern California native and an avid tool and gear enthusiast. When he's not working his day job, he enjoys spending his time working on remodeling projects, cars, and hiking. Follow him on Twitter @realsamchen

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