Ron Baron's $300M Bet On Tesla | Squawk Box | CNBC

This may be one of the most interesting companies that I have ever invested in, says Ron Baron, Baron Capital chairman & CEO, talking about why he took a big position in Tesla despite its risk.

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Ron Baron's $300M Bet On Tesla | Squawk Box | CNBC

[FurEngel]

This is a rare example of an investor who understands the tech company he is investing in.

[longmuskox]

Don't interrupt the guy when he is just starting to get to the good details. CNBC FAIL !!!

[djwaters]

Sweet jesus. 300 million is 1% of their account

[davidharms]

When the interviewer interrupts the CEO of a multi-billion dollar company at @1:30 right when he's making a point. You got balls dude, but balls of butter

[pablosouth]

Everyone who is in bed with the oil and car industry disagrees with him, and others with low IQ.. but in the end he doesn't care, the guy almost double his millions by now 👌👍

[arjunkshetty]

Who's here in 2020 when Tesla hit 850 !! feel sorry for the short sellers...well not really 🤣

[henryzhang]

He so passionate about his conclusion, we need to thank this man.

[ordoabchao]

This guy is about to become much richer.

[mynameismatt]

A finance guy who gets it! I hate seeing finance people complain about the Tesla market cap based on the number of cars on the road. Tesla is a power industry disruption, not a car manufacturer. Guarantee if they don't run in to massive government roadblocks they'll be a trillion dollar company in 20 years.

[discouniverse]

the most important technical revolution happening

[macioluko]

They never really teach us about the grid in high school do they? I remember doing a project on solar in 1996 and getting laughs and snickers at how inefficient the process is. Well, let's look at it now.

[goukwapanzy]

Thank you Ron Baron, finally someone that makes some sense. You really understand Tesla Energy business.
The interviewer - not the sharpest knife in the drawer.

[marumarukira]

5 months later.. look at Tesla now overtaking FORD and GM. WOW Smart decision!!!

[roryreddog]

$1500. Ron was way ahead of the curve in understanding Tesla as a utility for the grid. They are now a licensed utility in the UK. And they have been running virtual power plants here in Australia for the last 2 to 3 years. They are putting massive gas powered peaker plants out of business while saving tens of millions of dollars every year in wholesale electricity costs and at the same time making the grid far more stable than it has ever been. Amazing story here and Ron knew all about it three years ago. His $300 million investment is now worth $1.5 billion

[xtuevo]

Makes so much sense now. He's going after a much bigger market- Energy and Storage. What a genius move.

[YinLawn]

So, as at September 2021, he made 4 billions.

[zingGodin]

stock closed at around 367 today, August 9th, 2017. Ya he did okay

[feistyfauna]

What's with the stupid music at the end? Way to drive off the audience.

[tayinternational]

and so far Ron has been right on the money with tesla

[Salmoncrusher]

I love this guy, man. He's such a Tesla fanboy like me, but unlike me, he's ultra-successful. It gives me hope.