Baron Funds – Tesla: Would Reach $500 Per Share In 2025 And $1,500 By 2030


  • From 2014 through 2016, Tesla’s share price experienced extreme volatility.
  • We then purchased 27.0 million Tesla shares at a cost of $390 million: our average split-adjusted purchase price was $14.42 per share.
  • We sold 6.8 million shares from 2020-2022, about 25% of our shares: our average selling price was $221.56 per share.
  • We believed Tesla’s share price would reach $500 per share in 2025 and $1,500 by 2030. Still do.

Tesla Shanghai Gigafactory

Xiaolu Chu

The following segment was excerpted from this fund letter.


From 2014 through 2016, Tesla’s share price experienced extreme volatility. This was as engineer/entrepreneur Elon Musk and his team ramped its electric car manufacturing capacity and incurred significant

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Risks:All investments are subject to risk and may lose value.

The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed on this page reflect those of the respective writer. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them

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