Tesla Megabull Ron Baron Says It Was 'Painful' To Sell 1.7M Shares

Benzinga2021-03-04

Longtime Tesla Inc (NASDAQ: TSLA) bull Ron Baron acknowledged Thursday morning his fund Baron Capital sold 1.7 million shares of the electric automaker despite his long-held belief the stock has a ...

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Comments

YOLO_HM
2021-03-08
YOLO_HM
Tesla price is too high and I can't imaging those bought at 800 per shares still have the big heart for it to bounce back. This week will be crucial for Tesla cause if it break downward 500, is going to be interesting.
- 卡尔洋:
  什么**水文
mcwood
2021-03-07
mcwood
[得意]
cheryltanat
2021-03-06
cheryltanat
They will buy the dip and hold.. Tricks..
Yongshunn
2021-03-05
Yongshunn
Sell now to buy later ?

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The fund also used some of the proceeds from the sale to pay down part of a line of credit.\nBaron said it was \"painful\" to sell close to 2 million shares of Tesla's stock as the company's prospects of eventually selling 20 million cars a year is a more realistic outcome. Tesla has so many opportunities ahead, such as the ability to monetize each of the 20 million cars sold by charging a monthly $100 fee for autonomous driving features.\n\"That alone is worth the present price of the stock in 10 years,\" he said.\nSee also: How to Invest in Tesla Stock\nWhat's Next: The billionaire himself said he has not sold a single share he personally owns and is unlikely to do so \"for another 10 years.\"\nTesla's stock traded around $657 a share at publication time.\nSee more from Benzinga\n\nClick here for options trades from Benzinga\nExclusive: Grayscale CEO 'Wouldn't Rule Out' Future Bitcoin ETF Launch In US\n\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":320560024,"gmtCreate":1615158124068,"gmtModify":1704778894245,"author":{"id":"3577510395599113","authorId":"3577510395599113","name":"YOLO_HM","avatar":"https://static.tigerbbs.com/3e7bd84c2cc55c1d8baa7fd8df102a86","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3577510395599113","authorIdStr":"3577510395599113"},"htmlText":"Tesla price is too high and I can't imaging those bought at 800 per shares still have the big heart for it to bounce back. This week will be crucial for Tesla cause if it break downward 500, is going to be interesting.&nbsp;","listText":"Tesla price is too high and I can't imaging those bought at 800 per shares still have the big heart for it to bounce back. This week will be crucial for Tesla cause if it break downward 500, is going to be interesting.&nbsp;","text":"Tesla price is too high and I can't imaging those bought at 800 per shares still have the big heart for it to bounce back. This week will be crucial for Tesla cause if it break downward 500, is going to be interesting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/320560024","repostId":2117062475,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3738602,"gmtCreate":1615169050586,"gmtModify":1680779497936,"authorId":3474273072027739,"author":{"id":3474273072027739,"idStr":"3474273072027739","authorId":3474273072027739,"name":"卡尔洋","avatar":"https://static.tigerbbs.com/b5bb61521c38f41b9c93c2497a4237ef","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":320560024,"type":1,"supId":0,"prevId":0,"content":"什么**水文","text":"什么**水文","html":"什么**水文"}],"langContent":"EN"},{"id":320284472,"gmtCreate":1615116937496,"gmtModify":1704778759061,"author":{"id":"3569805243820041","authorId":"3569805243820041","name":"mcwood","avatar":"https://static.tigerbbs.com/899c12565f32e74966bd8f5ceac09f7c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3569805243820041","authorIdStr":"3569805243820041"},"htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320284472","repostId":2117062475,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":320350857,"gmtCreate":1615022974979,"gmtModify":1704778251903,"author":{"id":"3576558451806203","authorId":"3576558451806203","name":"cheryltanat","avatar":"https://static.tigerbbs.com/43cc8fe83faade345cc7c942dc54d20a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576558451806203","authorIdStr":"3576558451806203"},"htmlText":"They will buy the dip and hold.. Tricks..&nbsp;","listText":"They will buy the dip and hold.. Tricks..&nbsp;","text":"They will buy the dip and hold.. Tricks..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320350857","repostId":2117062475,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367591124,"gmtCreate":1614956722868,"gmtModify":1704777506015,"author":{"id":"3573619902166819","authorId":"3573619902166819","name":"Yongshunn","avatar":"https://static.tigerbbs.com/9012fdd920e4fb2d023488613b795275","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573619902166819","authorIdStr":"3573619902166819"},"htmlText":"Sell now to buy later ?","listText":"Sell now to buy later ?","text":"Sell now to buy later ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367591124","repostId":2117062475,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":10,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2117062475"}