Elon Musk says Tesla can hit $4 trillion valuation forecast by billionaire investor Ron Baron over the next decade

• Tesla’s total market capitalization can swell to $4 trillion over the next 10 years, Ron Baron said Wednesday.
• CEO Elon Musk agrees with the billionaire investor’s forecast.
• “We do need to knock the ball out the park several times to achieve that value, but I think we can,” he said in a post on X.

Legendary growth investor Ron Baron believes that Tesla’s total market capitalization could swell to an eye-popping $4 trillion over the next decade – and Elon Musk agrees.

Baron floated the $4 trillion valuation target back in September and doubled down on that figure in an interview with MarketWatch published Wednesday, adding that he thinks the Tesla, X, and SpaceX owner is a “brilliant guy”.