Ron Baron endorses Tesla stock, highlights Full Self-Driving potential

Billionaire investor Ron Baron went on CNBC’s Squawk Box on September 16 with a message that left little room for ambiguity: buy Tesla stock now. The Baron Capital founder and CEO pointed to the accelerating adoption of Tesla’s Full Self-Driving technology as the core reason for his conviction, framing FSD not as a speculative moonshot but as something approaching inevitability for the average car buyer. Coming from someone whose firm holds roughly $5 billion in Tesla and has generated approximately $30 billion in client profits from Musk-related investments, the endorsement carries weight. The numbers backing Baron’s bet Tesla reported approximately 1.48 million active FSD subscriptions in Q2 2026. That figure represents a 56% increase compared to the same period the previous year, a growth rate that turns FSD from a niche add-on into a genuine business segment. Perhaps more telling is the attach rate. About 55% of new North American Tesla deliveries now include FSD at the point of sale. Baron Capital’s commitment to the Musk ecosystem extends well beyond Tesla. The firm has roughly $25 billion invested in SpaceX, and Baron’s personal stakes sit at approximately $1.5 billion in Te...