Ron Baron (the TSLA Canary) Returns

Listen, it might just be superstition, but nearly every time Ron Baron has come on CNBC to defend his Tesla position, it has been within days before or after the bottom. If you don’t know who Ron Baron is, he has been a huge proponent of Tesla and Elon Musk’s successes, holding an outsized position in nearly if not all of Elon Musk’s companies, either held personally or through his “Baron Growth Fund” (BGRFX for retail, BGRIX for institutional) a mutual fund that gives its investors access to SpaceX stock for a 1.29% and 1.04% respectively.

Here in the latest interview with CNBC, Ron Baron discusses having sold Tesla in his Baron Growth Fund due to outside pressure from its major investors, though has maintained his own, personal position of Tesla shares:

https://stocks.apple.com/AmgDdskl3SWqaRJZE4XZnOw