Billionaire investor Ron Baron expresses resolute support for Tesla and CEO Elon Musk despite recent backlash for Musk's political activities.
Ron Baron believes that the recent dips in Tesla stock are intentional moves and that people are feeling unsettled due to the rapid pace of events.
There is speculation that anger towards Elon Musk may be impacting Tesla's business, but no concrete evidence links it to the stock dip.
Tesla's stock decline is likely related to the Model Y Juniper transition and the retooling of factories, as well as the automotive industry's preparation for autonomous vehicles.