Billionaire investor Ron Baron revealed that his firm, Baron Capital, sold some Tesla shares last month due to concerns over the size of its position.
Baron Capital had previously sold Tesla shares in 2021 and 2024 for similar reasons.
However, Baron clarified that he has no plans to sell his personal shares and maintains a bullish stance on Tesla.
Baron emphasized his support for Tesla CEO Elon Musk, calling him an 'incredibly consequential person' and highlighting his contributions to EVs, autonomous driving, and other technologies.