Ron Baron Discusses Tesla, Inflation, Elon Musk, and More on CNBC Squawk Box

Video Description

Baron Capital Chairman, CEO, and Founder Ron Baron joins CNBC Squawk Box live from the 31st Annual Baron Investment Conference. Ron weighs in on Elon Musk’s new role in the Trump administration, shares why he thinks Tesla could reach a $5 trillion valuation in 10 years, and discusses his buy-and-hold philosophy. He also covers what's happening in the U.S. economy, his take on inflation, and more. ▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬ 0:00 – Government Efficiency, Cost Plus Contracts 4:04 – Elon Musk’s Role in the Trump Administration 9:05 – Investing in Tesla 12:34 – Tesla Valuation 13:07 – Optimus Robots 14:37 – Bitcoin, Congratulations Joe! 15:48 – Post-Election Market Boom and Inflation 19:51 – Building Legacy Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus and summary prospectuses contain this and other information about the Funds. You may obtain them from the Funds’ distributor, Baron Capital, Inc., by calling 1-800-99BARON or visiting BaronCapitalGroup.com. Please read them carefully before investing. Risks: All investments are subject to risk and may lose value. The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed in this presentation reflect those of the respective speaker. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them. Portfolio holdings as a percentage of net assets as of September 30, 2024 for securities mentioned are as follows: Tesla, Inc. - Baron Fifth Avenue Growth Fund (3.3%), Baron Focused Growth Fund (9.8%), Baron Global Advantage Fund (1.0%), Baron Opportunity Fund (4.5%), Baron Partners Fund (33.4%*), Baron Technology Fund (3.3%). *% of Long Positions Portfolio holdings are subject to change. Current and future portfolio holdings are subject to risk. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).