Published On: Mon, Nov 24th, 2014

Ron Baron Says Everyone Will Be Driving a Tesla

tesla

Ron Baron is a believer in his investment in Tesla, according to Insider Monkey. In fact Baron thinks that in 25 years, all of us will be driving a Telsa. Currently, Telsa is the 24th largest holding for Baron capital, and Baron said, “we are going to make ten times our money in the next ten years.”

Although the company is not producing a huge number of cars, Baron thinks the number will increase dramatically. The main obstacle to electric cars is resistance from traditional fossil fuel powered car companies. However, Baron thinks electric cars will one day be the rule, not the exception.

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