Ron Baron Says He’ll Never Sell His Tesla or SpaceX Stock: What His Bold Bet on Elon Musk Means for Investors Today
Billionaire investor Ron Baron is once again staking his reputation — and a huge chunk of his fortune — on Elon Musk. In a fresh appearance on CNBC’s Squawk Box this morning, Baron said he does not expect to sell his personal Tesla (TSLA) or SpaceX shares during his lifetime, underscoring just how long-term his conviction really is. The interview, which is being widely syndicated through outlets including MSN and YouTube, also touched on the broader stock market, Musk’s record-breaking $1 trillion Tesla pay package, and what investors can expect from today’s 32nd Annual Baron Investment Conference in New York.