Ron Baron says he can't put a top on how much money Tesla will make him because of robotics future

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Ron Baron, longtime Tesla champion, believes the electric vehicle's robotics business will be hugely profitable and it's not yet priced in the stock.

Ron Baron, a longtime Tesla champion, believes the electric vehicle's robotics business will be hugely profitable and it's not yet priced in the stock. "Tesla, I think in the next 15 years, next 10 years, we're going to make four or five, six times our money, but I can't even put a top on how much we're going to make ...

On an April earnings call, Musk mentioned that the company's robotaxi will be called the CyberCab . "We're going to get charged every year for software, for using your robot, it's going to keep getting better and better and better," Baron said. "Everyone's lives is going to be dramatically better because of AI and because of robotics. Robotics, you're going to be a really big deal for Tesla. And that is not in the stock in any way, shape or form.

 

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