From CNBC: 2025-03-11 09:15:18

Billionaire investor Ron Baron remains bullish on Tesla despite a 15% stock drop, believing it’s undervalued. He first invested $400 million in 2014-2016 and plans to hold onto his shares. Meanwhile, Elon Musk is facing challenges as he takes on a major role in the government to cut costs and reduce headcount.

Read more: Ron Baron says he won’t sell a single personal Tesla share despite nosedive