Billionaire Tesla bull Ron Baron says Musk promised him multiples on his $100 million Twitter investment
Publishing timestamp: 2023-02-07 11:50:19
Summary
Billionaire investor Ron Baron said Elon Musk promised him he would make "two to three times" his money when he invested $100 million in Musk's take-private Twitter deal. Baron has long been bullish on Tesla, and said Musk's explanation for the Twitter investment was focused on cost cuts and improving management. Despite Twitter's close shave with bankruptcy, Baron remains confident in Musk's marketing expertise.
Sentiment: MIXED
Keywords: tesla inc, twitter (delisted), investment strategy, twitter inc, elon musk, business news, technology, social media, venture capital,
Source: https://www.cnbc.com/2023/02/07/ron-baron-promised-multiples-on-100-million-twitter-investment.html