Major TeslaCNBC’s Ron Baron, an investor in the electric carmaker said Wednesday that he has made $6 billion and will continue to be a shareholder at least for another ten.

Baron Capital’s nameake investment company, Baron Capital holds nearly 6 million Tesla shares at a cost per share of $42.88. Baron Capital manages assets worth $58.9 trillion.

Baron explained that the $54 billion profit made by our clients was $6 billion. That $380 million Tesla investment is about 7 years or 8. “Squawk Box.”

Baron forecast that Tesla’s stock will reach $2,000 per shares over the next ten year and $1,500 in 2024. Baron claimed that his predictions were wrong. sold 1.8 millionTesla share was a gesture he called “painful” that was necessary to “risk mitigation.”

Baron sold an additional 41,000 Tesla shares in October to his firm. Baron remains bullish on Tesla’s stock. Musk is described as a “brilliant” person who works hard and inspires others.

Baron explained that Elon surprised me when he first introduced himself to me ten-years ago. It was only then, however, that I began to believe it could succeed.

Another Tesla long-time investor is excited Elon MuskSpaceX’s venture was launched earlier this month. $100 billion valuation. Baron said that most people would not be as interested in space if it wasn’t for the billionaire and suggested the U.S. government ought to be more grateful for Musk’s contribution.

Baron stated that electric cars would not exist without Elon Musk. In fact, you wouldn’t have the opportunity to travel into space as you do right now if it weren’t for Elon Musk. SpaceX and Tesla are the two top companies that engineers choose to go into engineering after they have graduated.

These remarks were made by Baron in response to his criticisms of the billionaires’ taxDemocrats unveil Wednesday’s announcement

Baron believes that Musk’s physical and mental health are the main threat to Tesla’s future. Baron stated that Musk’s health is the greatest risk. He sleeps for five hours per night and works 19 hours each day. So, short-term, this is the danger.

Baron stated that Musk, despite his lack of sleep, is in excellent health at the moment. Musk has great plans and we hope that he remains healthy for many years to come.

Tesla stock market is worth more than $1 trillion. Shares rose nearly 1.5% on Wednesday, before the bell.