Billionaire Ron Baron Says Tesla Will Hit $500 in 2025. Why He’s Wrong

InvestorPlace2023-06-24

Billionaire Ron Baron has issued an ambitious price target for Tesla (TSLA).The noted investor believes it can reach $500 per share by 2025.However, Wall Street analysts aren’t so optimistic about the...

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Comments

  • Cedric77
    2023-06-25
    Cedric77
    Tesla's business is divided into three main segments: • Automotive: This segment includes the design, development, manufacturing, sales, and leasing of electric vehicles, as well as the sale of automotive regulatory credits. In 2022, this segment accounted for 95% of Tesla's revenue and 100% of its gross profit. • Energy generation and storage: This segment includes the sale of solar energy systems and energy storage products, as well as leasing revenue from solar energy systems under operating leases and PPAs. In 2022, this segment accounted for 5% of Tesla's revenue and 0% of its gross profit. • Services and other: This segment includes used vehicle sales, non-warranty maintenance and repair, and other miscellaneous revenue. In 2022, this segment accounted for 0%
  • XR6Chick
    2023-06-25
    XR6Chick
    ...and when everyone races to sell their stock the billionaires will be there to snap it up. 
  • Patek1975
    2023-06-24
    Patek1975
    .
  • Hip Daddy
    2023-06-24
    Hip Daddy
    Share your opinion about this news…
  • ashiff
    2023-06-24
    ashiff
    No his not wrong. The editor did not take into account that tesla is pushing boundaries like their personal tesla robot and their cybertruck. The editor should take into account of what tesla plan to do and told their investors during their meeting. If you see it in one perspective then of course tesla has alot of EV competitors not even touching the hydrogen powered car.
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