Billionaire Investor Ron Baron Sees ‘Big Opportunities’—And Remains Bullish On Tesla—Despite Market ‘Chaos’
ForbesAPR 3 2023
The Spin
Narrative A
It seems Musk took on his new Twitter venture without being fully prepared. Investors look for a steady hand at the helm of the companies they put money into, and right now, Musk looks lost in the world of tech platforms while neglecting his other companies.
Narrative B
At best, Musk's Twitter purchase is a calculated business strategy. At worst, it's an attempt to dominate the news cycle. Either scenario will likely bring success to Musk and his companies, despite the seemingly feeble start. While some might say he's stretched too thin, it would be foolish to think he doesn't have some tricks up his sleeve to boost all three of his companies' valuations through his new social media platform.