“Tesla, I think, is going to be worth $3 or $4 trillion — $5 trillion in 10 years, based upon the business plan that I am aware of. Then Elon believes that longer term it’s going to be worth $30 trillion,” Baron said.
While such statements might seem overly optimistic just a few months ago, TSLA stock has been maintaining some momentum since its third quarter earnings call. Tesla stock practically woke up from its slumber after the company exceeded expectations in its Q3 earnings, and it has only become stronger with the election of Donald Trump.