The Wall Street General

Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla's stock will have to reach a price of $1350 to reach that kind of level. Or rise by more than 570-600% Baron has been a bull on Tesla ever since his fund started buying Tesla shares back in 2014 and his personal holdings and his company' add up to a massive $4 Billion holding in Tesla. In addition to that, Baron mentioned that he thinks Tesla stock will be around $500- $600, and in eight to ten years, "it ought to be somewhere around $4.5 Trillion". The math behind Baron's bullish valuation target is solely predicted by Tesla's ability to scale its business over the next decade. Selling about 20 million cars per year. Tesla is on track to sell just over 1 million vehicles in 2022. "I...

Recently, Elon Musk completed his acquisition of Twitter paying a full $54.20 per share which values the deal around $44 Billion. After a haul of 6 months, the deal finally came to a conclusion where both Twitter and Musk agreed to close their deal as a success today.  Musk immediately fired the former CEO of Twitter- Parag Agarwal, the CFO, and other senior members from Twitter, moments after the acquisition. He even fired the person who was responsible for banning Former United States President, Donald Trump's account. Elon paid a visit to Twitter’s office just before finishing the deal in San Francisco where he met a few employees and was seen having a good time there.  The trading of Twitter's shares was suspended for two straight days because of this acquisition and people holding Twitter's stock will be paid a premium of $54.20 per share. The stock last closed at $53.70. Elon Musk says that his main purpose to buy Twitter is to help humanity by building an app called ...

 In the last Q3 earnings call, Elon Musk mentioned that for the first time ever, he sees a potential for Tesla to be worth more than Apple and Saudi Aramco combined. For context, those are the world's two biggest companies worth a total of $4.35 Trillion. The market and many investors see Musk's comment as ludicrous. His exact words were, "Tesla can far exceed Apple's current market cap" he added, "I can see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined. Doesn't mean it will happen overnight or it will be easy but for the first time I can see a way for Tesla to be roughly twice the value of Saudi Aramco" As mentioned above, a lot of investors think that this assumption of Musk is quite crazy but only a few know that back in 2015,  he made a similar prediction  when he said Tesla would be worth $700 Billion by 2025. Tesla ended up being worth $700 Billion by December 2020. 5 years earlier than predicted. Tesla curren...