Ron Baron of the Baron Funds thinks Tesla Motors Inc (NASDAQ:TSLA) is a company “built to last.” Companies built to last, Baron observers in a letter to investors, often have an outlook that spans generations, not the next fiscal quarter. While Tesla Motors Inc (NASDAQ:TSLA)’s founder, Elon Musk, looks 25 years down the road and sees with excitement people driving electric cars as a common place event, “competitors are being compelled to build and sell electric cars,” he said in a recent letter to investors. Baron says the old-line car companies do not want to build such cars and as…
Ron Baron Says Tesla Motors Inc (TSLA) “Built To Last”
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.