Billionaire Investor Ron Baron Predicts Tesla Could Reach $10,000 Stock Price

Billionaire investor Ron Baron has made a bold prediction that Tesla (TSLA) could become a $10,000 stock within the next decade. Speaking to CNBC, Baron emphasized that the market continues to underestimate Elon Musk's vision for Tesla, particularly as the company expands into robotics and supercomputing.

Baron, whose firm Baron Capital has held TSLA stock for over a decade, revealed that approximately 40% of his personal net worth is tied to Tesla. He cited internal Optimism among Tesla employees, who reportedly anticipate five- to seven-fold gains in the coming years, suggesting another "multibagger run" for the stock.

When pressed on Tesla's growth drivers, Baron pointed to Optimus, the company's humanoid robot, as a potential game-changer. Musk recently highlighted Optimus during a shareholder presentation, hinting it could evolve into Tesla's most valuable product line. "Optimus is, I think, for him the next sort of leg of this whole biggest thing ever," Baron remarked.