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Ron Baron says he won't sell a single personal Tesla share amid the EV play's big decline

1. Ron Baron reaffirms confidence in Tesla despite a 15% stock plunge. 2. Baron sees Tesla as undervalued and expects significant returns over 10 years. 3. Tesla's stock has faced its longest weekly decline since 2010. 4. Musk's political involvement impacts Tesla's performance and visibility. 5. Baron committed to holding personal Tesla shares as long as clients' shares exist.

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FAQ

Why Bullish?

Baron's optimistic outlook despite recent declines indicates strong potential recovery. Historically, similar confidence from major investors often correlates with future price increases.

How important is it?

The article highlights a prominent investor's belief in Tesla's potential and emphasizes its recent stock struggles, making it highly relevant.

Why Long Term?

Baron's 10-year investment perspective suggests a longer recovery period; Tesla has shown resilience over time.

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