Only if you listen to what he says about the stock price. He's completely off the mark in terms of revenue and profits. 70 bil vs 24 bil revenue, and 10 bil vs pretty almost no profit
@@R3tr0v1ru5 What exactly is Tesla's path to go from 24 bil revenue in 2019, to around 70 bil revenue in 2020? Based on 2019 numbers, to reach 70 bil revenue they'd have to sell a bit more than a million cars this year. That's TWICE the amount of cars that Tesla themselves have guided for. Even if we assume that they're expecting to sell closer to 600k, that's still not close to enough.
Finally -- someone who knows what he's talking about, and isn't an *_ANALyst_* when it comes to Tesla. He is, of course, completely correct. All the guys that have been trying to talk down Tesla for the past seven years just have no sense whatsoever.
A2Kaid There are plenty of successful traders and billionaires on the other side of this too, only time will tell who is right. If it was easy everyone would be rich, it's only easy in hindsight.
Maybe, or he agrees with you? It's a decent bull case but there are also good bear cases to be made. Only time will tell, TSLA could crater too. If you really have so much conviction you should put everything you got into the stock.
Ron Baron has been right on TSLA all along. If/When TSLA trades over $1,000 this month or the remainder of the year, it will be interesting to see if CNBC will have him on and try to dispute why TSLA is even trading at $1,000.
wow spot on. Only thing is he said $70B in revenue. I think it's projected to hit $38B this year. I like his analysis. I believe one day it could hit $100B in revenue. But trying to say year and stock price is a guessing game in my opinion.
There are a ton of people ridiculing Tesla and Elon only because they are shorting Tesla stock! Buying Tesla stock would be like buying Apple stock 10 years ago.
His production figures are more in line with next year so he is a bit off there. He said profit before spending for growth. I'm not too strong on financial terminology so I looked up operating profit and the description didn't seem to be the same thing. I could be wrong though.
friendly message to Musk haters! Elon has made electric cars for almost 10 years, and his Falcon Heavy Rocket launch has made history, not only becoming the highest-capacity rocket platform since the Saturn V but accomplishing the first double autonomous booster landing. Also, his idea of building a Hyperloop system - the 5th mode of transportation in 100 years, is considered the transport system of the future. If you all can achieve what he's done, you can say whatever you want. Until then, you're nothing compared to him. Get it!
@@elemenop718 If the market is fine with the current valuation that would be the obvious conclusion yes. That's fine with me since it's my biggest holding. My point really, was that all the people saying how right he was, are being quite selective. Because yeah sure he nailed the stock price. But he wasn't close when it comes to the company's financials
Its 2019 and the stock is 320 now, and its probably gonna reach 350 at the end of the year. Its also very possible that next year its gonna hit 500, bc they'll start ramping up production of mosel 3s in china, plus they'll start production of the truck, plus they'll start mass producing solarglass... so he isn't way off just one year off
Oops. If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right. His numbers on the company are kinda 2021 numbers but still. Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
Oops. If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right. His numbers on the company are kinda 2021 numbers but still. Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
I’m not here for Tesla you just earn 50 to 20 k I’m here for Tesla for long term 7000 k 3000k 15000k when you sell now . You will keep your eyes and ears through the years you out of Tesla so at best stay in in for long term and less drama and headaches baron and Cathy wood style . What you can do is buy as much Tesla as you can and be set and wait for it . Be content don’t be greedy it’s not going to work you’ll lose it all
If the model 3 is a hit at 35-45K (35 for regular and I think 44 for long range) they will make a killing selling mid-priced vehicles. from there if people like them enough they would consider buying the more expensive models and rake in even more.
It could go that high,,but only if GM and other car makers didnt get into EVs production..oh wait what does GM have..fk all Plus Tesla advantage is their Supercharger network..
Funny how wrong someone that is supposed to be am expert can be! As just 1 year later its not at $500 or $600, it's $276 and going down fast. I know the year is only 5 months in, but that's a long way off getting back to that $500 forecast!
Oops. If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right. His numbers on the company are kinda 2021 numbers but still. Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
A little short sighted there Bill. Investors don't worry about dips, they happen to all companies. You could learn a thing or two listening to Ron Baron. He's covered the topic well in other interviews.
Tesla and all their team are amazing. Just ask yourself this question: NASA with unlimited funds from US gov, did they ever succeed to return their rockets to earth?
Over 96 mio Tesla shares , 2 to 3 $ loss per share per quarter and only 26000 cars sold per quarter plus "old" Model S production down 10% , Model X worst reliable car of 2017 and Model 3 costing way over sold price of 35k$ and therefore underproduced: where are the possible viability gains coming from? I cannot see it, maybe from a bitcoin balance sheet or from more tax subsidies and more tax cuts and finaly who will pay all the accumulatated billions lost over the 250000 cars already produced? The 1000$ share holders? Meanwhile 2017 was an excellent year for FCA VW etc and so good that Toyota sold all of their Tesla shares or about 4% of the total...they are so stupid not to make any EV's (but excellent hybrids) and sell out such gold mine ! Is it mandatory to be stupid to make huge profits in this industrie? The 1000$ experts got the answer.
@@philgooddr.7850 he didn't get 4.7 b shut the fk off and also do u know how USA got hand on 5th generation fighter jets before other countries!! Doing like this giving money to private company for research and development, i didn't even know fool like u still exist
June 2020: Wow, Ron Baron was spot-on in his prediction!
More than spot on, it reached 2k b4 the split, he may be correct again it might close to 1k b4 end of 2020
THIS ACTUALLY AGED PRETTY WELL ;)
Only if you listen to what he says about the stock price. He's completely off the mark in terms of revenue and profits. 70 bil vs 24 bil revenue, and 10 bil vs pretty almost no profit
@@sCWasP yet, stock is 3 times higher than 2 years ago...
Imagine if Tesla reaches towards those goals!
@@sCWasP By the end of 2020, which is what he means, things could be very different.
@@R3tr0v1ru5 What exactly is Tesla's path to go from 24 bil revenue in 2019, to around 70 bil revenue in 2020? Based on 2019 numbers, to reach 70 bil revenue they'd have to sell a bit more than a million cars this year. That's TWICE the amount of cars that Tesla themselves have guided for. Even if we assume that they're expecting to sell closer to 600k, that's still not close to enough.
@@sCWasP You're right lol. TSLA just smashed $1,000 though.
He's right. That's what true investor is all about
I'm surprised by his prediction. I'm a Tesla hard-core supporter but even me never thought the stock will be here now
It's 2020 and TSLA is over $1000
holy crap, it literally hit $1000 today. right on the dot.
What a farsightedness... Today TSLA hit 965 USD during the day, on February 4th 2020.
Finally -- someone who knows what he's talking about, and isn't an *_ANALyst_* when it comes to Tesla. He is, of course, completely correct. All the guys that have been trying to talk down Tesla for the past seven years just have no sense whatsoever.
Yeah I'd rather listen to an actual billionaire rather than some loser day-trader or so called "analyst".
Its because they are all paid by the big auto COMPETITION
A2Kaid
There are plenty of successful traders and billionaires on the other side of this too, only time will tell who is right. If it was easy everyone would be rich, it's only easy in hindsight.
@Robert Blackford and $1000 today in 2020, like he said. Stocks go up and down, you know that right. What you need to focus on is the trend direction.
@Robert Blackford
Update
$ 2,250 now (split adjusted)
😂
It's 2020 and Ron it's at 2250$ :)
Finally somebody says, what he really thinks and not like all the other guys that either lie or don't have any idea about nothing!!!
Lol.. you still think this clown has any idea that he knows what he is talking about? It's at about $275 today and going down.
Follow up, its below $200 today, still think this guy is not a lier.....lol
Finally what?
Revisit!!
It will happen!!
@@Gman539 Well, this comment didnt age great...
How many other tesla shareholders here on 2/4 with a 900 share price calling this dude a genius.
Please interview him again!!
What a boss
In 2020 Tesla hit over $2000. per share. Brilliant prediction Ron! It is comforting as a shareholder to have a guy like Ron Barron who is a believer.
This man is very intelligent, he speaks the truth and he has a keen sense of future events before they take place.
Maybe, or he agrees with you? It's a decent bull case but there are also good bear cases to be made. Only time will tell, TSLA could crater too. If you really have so much conviction you should put everything you got into the stock.
Really intelligent huh this guy is huh, it's well below $300 today and sinking......
Because he says what you want to hear doesn't make him intelligent....It makes...never mind... $200...today...great guy
@@mpowerrr you always need suckers on the other side of the trade right :)
Just refreshing your Commentfeed
There’s a reason he’s a billionaire...
Truth to power. Ron is the man!
Tesla is the car for future
@Roger Clemons - every non EV manufacturer in 2 years. Bye bye ICE
This aged like wine! 🍷
Ron Baron has been right on TSLA all along. If/When TSLA trades over $1,000 this month or the remainder of the year, it will be interesting to see if CNBC will have him on and try to dispute why TSLA is even trading at $1,000.
wow spot on. Only thing is he said $70B in revenue. I think it's projected to hit $38B this year. I like his analysis. I believe one day it could hit $100B in revenue. But trying to say year and stock price is a guessing game in my opinion.
Damn, Ron has been right all along. Glad that I have held $TSLA since $283.
He was right someone get him back on i need to buy more.
It's $305 right now. So if it reaches 1,000 and I have 1 share how much will I make?
About $700 if you want an "about this much" answer.
Around 600 $
Oh man how right he was
Wow 950 today all time high, he will be right!
All time high was 968.
He was off by tens of billion when it comes to what he expected them to do in revenue though.
Seems like a man to listen to.
Rowan Gontier he proved he is to listen to
@Robert Blackford He is a man to listen to. TSLA $352 today
@Robert Blackford Hello, don`t miss the forest for the trees. TESLA is the future :D ruclips.net/video/_iTuobroP4c/видео.html
@Robert Blackford over $1000 now in 2020 as he said.
@Robert Blackford lol
Unbiased intelligent and true predictions
These old comments are hilarious.
2020 update: Tesla is now at 1500, despite the pandemic, incredible prediction Ron!
It's still 2020 and that $1000 price target was pre-split... we are over $3000 split adjusted...
Super smarty guy. Screw index funds. Why set average for a goal
There are a ton of people ridiculing Tesla and Elon only because they are shorting Tesla stock! Buying Tesla stock would be like buying Apple stock 10 years ago.
No it's not I would definitely short Tesla. Best move you could ever make with a company that loses money at a billion dollars per quarter.
@@tomaschazarreta1263
Hay jonathon, if you Short Tesla 1 year ago , you are on suicide watch today .
FLYBOY805 he vanished like all the shorts
@@tomaschazarreta1263 ByBy...
Tesla 2020 revenue was $32bn. Ron's prediction was $70bn.
2020 EBIT was $2bn. Ron's prediction was $10bn.
this aged fking well its $1000 right now
Taking the 5x split into account Tesla ended 2020 above 3500 (700 x 5). Have some of that.
It's July 2020. His words has been realized.
Need to follow this guy
900 today @@, should've bought more before
At least someone on CNBC back then knew what the hell they knew they were talking about.
This dude prediction hit the jackbot hard
06/08/2020 $968.99 not even half way in 2020, it is getting there!
U were right
You called it!
Perfect prediction
Hindsight is 2020 😁😁😁
Well good prediction. Although the ride to 1200 was not as he predicted, end result was.
Why didn't GM & Ford make subsidiaries companies to compete with Tesla?
Because making electric cars is not profitable and relies on subsidies.
@@Gman539 False.
GM , Ford and Chrysler subsidized for 100+years AND need Bail-outs. And GM,FORD, Chrysler reliability is rated at 'GARBAGE' .
@@Gman539 I imagine that it is hard to swallow now...
Anyone here ? 😬TESLA 850$
1850+ you're too late 😂😂
Smart guy.
Came back to say. SPOT ON!
Came true
It's almost at 2k now.
This was good call
He was right on the stock price prediction but was wrong on the operating profit, only hundreds of millions not 10 billions.
His production figures are more in line with next year so he is a bit off there.
He said profit before spending for growth. I'm not too strong on financial terminology so I looked up operating profit and the description didn't seem to be the same thing. I could be wrong though.
I love this guy!
friendly message to Musk haters! Elon has made electric cars for almost 10 years, and his Falcon Heavy Rocket launch has made history, not only becoming the highest-capacity rocket platform since the Saturn V but accomplishing the first double autonomous booster landing. Also, his idea of building a Hyperloop system - the 5th mode of transportation in 100 years, is considered the transport system of the future. If you all can achieve what he's done, you can say whatever you want. Until then, you're nothing compared to him. Get it!
Smart guy, he was right. Only a few months off.
This guy predicted it to the dot
He was 90% right 😃
In terms of the stock price, sure. However he's off by an insane margin on revenue and profit by 2020
@@sCWasP which will make the stock even more crazy when they hit those other numbers.
@@elemenop718 If the market is fine with the current valuation that would be the obvious conclusion yes. That's fine with me since it's my biggest holding.
My point really, was that all the people saying how right he was, are being quite selective. Because yeah sure he nailed the stock price. But he wasn't close when it comes to the company's financials
NOW THAT IT IS ... ONE YEAR LATER
this guy is way, way off.
stock should be $500 this year; it is $300 but should be at most $100 given production.
Its 2019 and the stock is 320 now, and its probably gonna reach 350 at the end of the year. Its also very possible that next year its gonna hit 500, bc they'll start ramping up production of mosel 3s in china, plus they'll start production of the truck, plus they'll start mass producing solarglass... so he isn't way off just one year off
check it out bro
Now that is is 2020, this guy was spot on...
Oops.
If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right.
His numbers on the company are kinda 2021 numbers but still.
Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
July 2 @ 1200
he is totaly right, we are now in 2024. another 3-4x from here should occure until 2030
Elon...anyone heard from him ...why did he go ?
We made it 2020
CAUTION: Ludicrous Analyst mode enabled !!!
LOL and RON Baron is NOW MORE Wealthy.
You are a clown.
Oops.
If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right.
His numbers on the company are kinda 2021 numbers but still.
Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
He was wrong. It hit $3000
And it did
How to know if someone knows NOTHING about stocks: they think Tesla’s a buy
Really? That simple? How much have you made in the markets this yr.?
EXACTLY. "Oh check out this company. They're good at burning money".
Craig Smith and
Jonathon Isaac
TODAY Ron Baron is MUCH MORE wealthy ...
and that's why HE makes billions and YOU watch :D
Lmaoo he knows nothing and yet, he was spot on. Tsla over 1000 in 2020.
1540 right now
in 7 months Tesla stock is going to be 5x!!!
Se kedo corto ahora llego a $2500
Who's laughing now
I’m not here for Tesla you just earn 50 to 20 k I’m here for Tesla for long term 7000 k 3000k 15000k when you sell now . You will keep your eyes and ears through the years you out of Tesla so at best stay in in for long term and less drama and headaches baron and Cathy wood style . What you can do is buy as much Tesla as you can and be set and wait for it . Be content don’t be greedy it’s not going to work you’ll lose it all
If Tesla can sell 1 million cars at $70,000 each.
If the model 3 is a hit at 35-45K (35 for regular and I think 44 for long range) they will make a killing selling mid-priced vehicles. from there if people like them enough they would consider buying the more expensive models and rake in even more.
@Robert Blackford and they never will right?
@Robert Blackford lol
you can always count on a small jewish man with money lol
Wrong, it Tesla stock would be $1200 by 2020.
Quang Somit 350
We are $200 away from that
@@mado1567 TOUCHDOWN!... Tesla is over 1200 2nd Q 2020.
It could go that high,,but only if GM and other car makers didnt get into EVs production..oh wait what does GM have..fk all
Plus Tesla advantage is their Supercharger network..
Prophet
Wow 😮
Boom 2020
Funny how wrong someone that is supposed to be am expert can be! As just 1 year later its not at $500 or $600, it's $276 and going down fast. I know the year is only 5 months in, but that's a long way off getting back to that $500 forecast!
It's 2020 and it's over $1000 lmao how wrong right?
Oops.
If you'd looked into the company and compared what they said they would do, with what they had actually done. Then looked at what they said they will do, you too could have known he was right.
His numbers on the company are kinda 2021 numbers but still.
Unfortunately you heard all the other analysts on CNBC and then heard this and instead of picking up on that rare opportunity of someone on CNBC that knows what they are talking about which could have prompted you to do the research you chose to write this comment. Unlucky. Maybe next time.
Just wrong on profits
Without 6 months of COVID, would be much higher, but expect Tesla to pump out 150-170,000 cars in Q3 and Q4
The man is obviously a lunatic!
Sustentable are unstoppable because unsustainable it is !.
he's dreamin LOL
Lmaoooo right?
Or was he?
Ha ha down today
HA HA ... how about Today?
Ron Baron more wealthy?
Or today 🤣
A little short sighted there Bill.
Investors don't worry about dips, they happen to all companies.
You could learn a thing or two listening to Ron Baron. He's covered the topic well in other interviews.
Lol
You'd think a seasoned liar would have worked out the face touching by now.
And yet it’s $1000 now
Tesla and all their team are amazing. Just ask yourself this question: NASA with unlimited funds from US gov, did they ever succeed to return their rockets to earth?
in 2020 it will be $0
How much do you want to bet?
In 2020 its gonna be around 500
cnvl1478
1 year ago
"in 2020 it will be $0"
Ron Baron is MUCH MORE wealthy ...
Forgot the 100 ahead of your zero
I bet you are the one who is more near to 0 now...:) :) :) Sorry, but Karma is everything and Tesla haters have the worst ones!
Tesla stock will continue to slide from here on out until it is a penny stock. That is my opinion and prediction.
Your the best!~
How'd that go?
Over 96 mio Tesla shares , 2 to 3 $ loss per share per quarter and only 26000 cars sold per quarter plus "old" Model S production down 10% , Model X worst reliable car of 2017 and Model 3 costing way over sold price of 35k$ and therefore underproduced: where are the possible viability gains coming from? I cannot see it, maybe from a bitcoin balance sheet or from more tax subsidies and more tax cuts and finaly who will pay all the accumulatated billions lost over the 250000 cars already produced? The 1000$ share holders? Meanwhile 2017 was an excellent year for FCA VW etc and so good that Toyota sold all of their Tesla shares or about 4% of the total...they are so stupid not to make any EV's (but excellent hybrids) and sell out such gold mine ! Is it mandatory to be stupid to make huge profits in this industrie? The 1000$ experts got the answer.
But but, the stock just hit $1000 though
Mado Normal with the insane billions paid by NASA to SpaceX...even the russians complained...taxpayer paying shareolders....what a deal...
Philgood Dr. So we’re blaming NASA and a privately held space company for Tesla reaching 1000?
@@nat3llite 4.7billions $ for space crew
Dragon..that's how many Soyouz?
@@philgooddr.7850 he didn't get 4.7 b shut the fk off and also do u know how USA got hand on 5th generation fighter jets before other countries!! Doing like this giving money to private company for research and development, i didn't even know fool like u still exist
Ron never be this wrong. it's $3500 already, can't believed it you missed that far! xD
Smart guy