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The Tesla Autopilot Excuse: How EV ignorance created the perfect storm for a misinformation nightmare
It was only a few hours after the accident and a bold statement was already making its rounds in the mainstream media. Another Tesla has crashed, and this time, it took the lives of two individuals from Texas. Facing inquiries from journalists eager for some clarity as to what happened in the tragic incident, Harris County Pct. 4 Constable Mark Herman shared a surprisingly confident and bold statement: there was no one in the ill-fated Model S’ driver seat when it crashed.
“They are 100% certain that no one was in the driver seat driving that vehicle at the time of impact. They are positive. And again, the height from the back seat to the front seat, that would be almost impossible, but again our investigators are trained. They handle collisions. Several of our folks are reconstructionists, but they feel very confident just with the positioning of the bodies after the impact that there was no one driving that vehicle,” Herman said, also noting that the electric car’s fire was out of control for four hours.
This statement, as well as the headlines that followed it, have since been proven false. And today, they stand as a remarkable case study on how misinformation spreads, and how the truth — even if it eventually emerges from legitimate sources — becomes largely ignored. This is the story of a Model S crash, rushed statements, and how general ignorance of electric vehicles could result in a massive misinformation nightmare.
But to get a complete view of this story, one has to go back to that fateful night on April 17, 2021, when two men, a 59-year-old Tesla owner and his 69-year-old passenger, crashed after traveling just about 550 feet, before departing the road on a curve, driving over a curb, hitting a drainage culvert and a raised manhole, and smashing into a tree. The vehicle was ablaze following its crash.

The Accident
As it is with other Tesla crashes, the Model S crash in Texas immediately caught the attention of national media. It did not take long before even foreign outlets were running with the story. It was during this initial wave of media attention that Constable Mark Herman noted that investigators were 100% sure that there was no one driving the car when it crashed. This statement was gold to numerous media outlets, with some like the New York Post posting a tweet noting that the ill-fated Tesla was on Autopilot. It’s pertinent to note that the Constable never mentioned Autopilot, though his statement declaring that there was no one in the driver’s seat seemed like a strong enough link to the driver-assist suite.
Soon, even organizations such as Consumer Reports joined the fray, graciously demonstrating that Autopilot could indeed be “fooled” into operating without a human in the driver’s seat. Consumer Reports‘ walkthrough was thorough, showing audiences exactly what needs to be done to defeat Autopilot’s safety measures. This stunt caught the eye of both national and international media as well, and by this time, the narrative was set: Teslas can drive themselves without a driver, and Autopilot could kill. It’s a chilling thought, but it is one that seemed to be casually supported by Ford CEO Jim Farley, who shared Consumer Reports‘ Autopilot defeat device walkthrough on his personal Twitter page.
This does not mean to say the narrative surrounding the fatal Model S crash in Texas was ironclad, however. Just days after the initial crash, Palmer Buck, fire chief for The Woodlands Township Fire Department, told the Houston Chronicle that contrary to some reports in the media, the ill-fated Model S was not ablaze for four hours. The fire chief also stated that firefighters did not call Tesla for help, and he was unaware of any hotlines for tips on how to control a battery fire.
Opinion: Consumer Reports’ Tesla Autopilot stunt crossed a line in an already-heated EV climate
The First Cracks — And A Persistent Misunderstanding
Interestingly enough, even Constable Herman himself seemed less sure about his information later on, noting in a statement to Reuters that his investigators were “almost 99.9% sure” that there was no one in the driver’s seat of the ill-fated car. This was despite Herman noting that they had executed a search warrant on Tesla to secure data about the tragic incident. Meanwhile, Elon Musk went on Twitter to state that data logs so far showed that the ill-fated vehicle was not on Autopilot when it crashed.
Tesla’s online community took it upon themselves to make sense of the situation, which seemed to have red flags all over the place. The Constable’s statements seemed premature at best, and reports about the vehicle’s fire had been proven false by the fire chief. Couple this with Elon Musk noting that Autopilot was not involved, and it was no surprise that the crash became a topic for analysis and conversations among Tesla supporters. These efforts, however, were largely dismissed if not mocked, with media outlets such as VICE stating that the behavior of the Tesla sleuths was akin to those who believe in conspiracy theories.
“Rather than waiting for the two different federal authorities investigating the crash to publish their findings, some Tesla owners are engaging in the classic behavior of conspiracy theorists and amateur internet sleuths in an apparent attempt to cast doubt on even the most basic facts surrounding the crash,” the publication noted.
More cracks about the initial “Autopilot crash” narrative emerged during the company’s Q1 2021 earnings call. Lars Moravy, Tesla’s vice president of vehicle engineering, stated that the company had conducted tests with investigators, and they have determined that Autosteer could not be engaged in the area. He also stated that judging by the distance of the vehicle from the owner’s home to the crash site, the Model S would have only accelerated to 30 mph before covering the entire 550-foot distance using Adaptive Cruise Control. This is undoubtedly a clarification about the incident, but like many things in this story, this was also misunderstood.
Not long after Tesla’s Q1 2021 earnings call, CBS published a piece titled “At Least One Tesla Autopilot Feature Was Active During Texas Crash That Killed 2.” It’s definitely a catchy headline and one that was sure to draw a decent amount of eyes. There was only one problem: the whole premise of the article was false. To add salt to the wound, Texas Rep. Kevin Brady shared the CBS piece on Twitter, noting that “Despite early claims by (Tesla and Elon Musk), Autopilot WAS engaged in (the) tragic crash in The Woodlands. We need answers.”
Despite early claims by #Tesla #ElonMusk, autopilot WAS engaged in tragic crash in The Woodlands.
We need answers. https://t.co/e3TQTRv72Z
— Kevin Brady (@RepKevinBrady) April 28, 2021
A Grassroots Movement
In a world where misinformation is prevalent from media outlets that may or may not be incentivized to publish reports that are completely accurate, citizen journalism has the potential to become the voice of reason. And in the case of the Tesla Texas crash, this was certainly the case. After conversations with sources, some of whom have opted to remain anonymous, Teslarati could surmise that it was the efforts of regular people, from electric vehicle advocates and space enthusiasts who were inspired by Elon Musk’s SpaceX, that may have ultimately helped get the right information about the incident to the right place.
Days after the incident, and a few weeks before the release of the National Transportation Safety Board (NTSB) preliminary report, @GoGundam1, a Texas-based SpaceX advocate, felt alarm bells in his head after Constable Herman declared confidently that he was 100% sure there was no one in the driver’s seat of the ill-fated Model S. Having been familiar with Elon Musk’s companies, the SpaceX enthusiast was also knowledgeable about Tesla and its products, which made the Constable’s statements seem disingenuous at best. Annoyed by the noticeably false narrative that was being formed, the space advocate sent out some feelers to test out the waters.
The story that emerged was quite remarkable. Information gathered by citizen informants suggested that by April 22, Constable Herman’s office was already in possession of video evidence that was in direct contradiction to the narrative that was initially presented to the media. It was a disturbing thought, but informants also suggested that the office of the Constable had intentions to sit on the information for as long as possible. Granted, these events may seem like they came from the plot of a semi-decent movie, but considering the relative silence from the Constable following his statements of a search warrant being submitted to Tesla, it does seem like the motivations for a follow-up report clarifying the incident were not really there.
Pertinent information about the Tesla Texas crash, no matter how valuable, would be next to useless if it did not catch the attention of the right entities. And thus, with the information gathered, the SpaceX enthusiast decided to reach out to members of the Tesla community for help. It was a challenging task, but eventually, @LordPente, a longtime Tesla advocate, decided to lend a hand. After numerous messages to other members of the Tesla community, the longtime EV advocate appeared to hit a breakthrough by (seemingly) reaching someone at Tesla. The SpaceX enthusiast, for his part, failed to get in touch with Tesla but was able to send a report to the NTSB, tipping off the agency about the additional video evidence in the Constable’s office.
During Teslarati’s conversation with the informant and the Tesla advocate, both noted that they were not really sure if their information reached the right entities. However, something happened not long after which suggested that it did.

The Lie Unravels
On May 10, 2021, the National Transportation Safety Board (NTSB) published its preliminary report about the Tesla Model S’ fatal Texas crash. As per the NTSB’s report, “footage from the owner’s home security camera shows the owner entering the car’s driver’s seat and the passenger entering the front passenger seat.” Apart from this, the NTSB also noted that tests of a similar vehicle at the crash location showed that Autopilot could not be engaged in the area, just as Tesla and the electric vehicle community suggested amidst the initial wave of “Autopilot crash” reports. The investigation is ongoing, of course, but based on what the NTSB has published so far, it appears that Autopilot has been absolved in the incident.
The findings presented in the NTSB’s report all but confirmed what Elon Musk and Tesla supporters were arguing online. It may be disappointing to media outlets like VICE, but as it turned out, the conspiracy theorist-like behavior exhibited by some Tesla sleuths online turned out to be justified. There really was misinformation being floated around, and if it wasn’t for the efforts of a few individuals, pertinent information about the incident might not have been submitted to Tesla or the NTSB on time.
Interestingly enough, Harris County Pct. 4 Constable Mark Herman has remained silent for now. Teslarati has attempted to reach out to his office through email but was unsuccessful. The Constable, at least for now, seems yet to issue a correction or retraction of his initial and now-debunked statements about the incident. Individuals such as Texas Rep. Kevin Brady have not admitted to making a mistake either.
How Misinformation Becomes Truth
Tesla, being a rather unorthodox company led by an equally unorthodox man, tends to fall victim to misinformation — lots and lots of it. The story of the Texas crash is a great example, but it is one drop in a whole bucket full of inaccurate reports about the company. Tesla CEO Elon Musk has seemingly thrown the towel with mainstream media coverage, reportedly abolishing Tesla’s PR department last year. This, of course, has pretty much opened the doors to even more misinformation — and to a point, even disinformation — which, in turn, becomes the general public’s truth.
For professional insights on how misinformation becomes accepted, Teslarati reached out to Stephen Benning, a Professor of Psychology at the University of Las Vegas. Professor Benning explained that humans tend to have an anchoring bias, in which the first information used to make a judgment influences it. While anchoring bias is typically considered in numerical judgments (like estimates on how much something is worth), it could also play out when people hear the first reports of what happened. This is most notable if the event were memorable, like a fatal Tesla crash. The initial information would likely stick on people’s minds and create an initial framework that sets their beliefs about an event.
“Because initial reports set people’s prior beliefs, additional information has to weigh against established beliefs. People might have additional biases at play, like the confirmation bias that filters out information that isn’t consistent with a previous set of beliefs. It’s as if people put up filters to help themselves maintain the consistency of their beliefs at the expense of their potential correspondence with reality. The initial crash reports were also likely more vivid than the drier details of the subsequent investigation, so the availability heuristic might make those initial reports more vivid and accessible in people’s memories when they think about the crash – even if they’ve followed the subsequent reports,” he wrote.
Tesla owner apologizes for staging “brake failure” incident in China
Emma Frances Bloomfield (Ph.D.), currently an Assistant Professor of Communication Studies at the University of Nevada, Las Vegas with an expertise in strategies for combatting misinformation, explained to Teslarati that ultimately, misinformation and disinformation travel very quickly because they tend to be compelling and engaging, all while confirming an audience’s biases. This made the Texas crash a perfect storm of sorts, as it had a compelling event that catered to biases against Tesla and its Autopilot system. Unfortunately, Assistant Professor Bloomfield also highlighted that once misinformation sets in, it takes a ton of effort to overturn.
“To address misinformation, people can create more complete stories that replace the incorrect one, provide trustworthy authority figures to deliver the message, and not repeat the false information when making the correction. You can also emphasize the importance of accurate information to make the best decisions moving forward and highlight how those changes might benefit the audience/consumer. We also say, ‘correct early and correct often’ to try and get ahead of the temporal advantage misinformation has and to counter the repetition of the false information,” she wrote.
A Battle That Tesla Doesn’t Need To Lose
If there is something highlighted by Professor Benning and Assistant Professor Bloomfield, it is that misinformation is hard to battle once it’s settled in. And for a lie to settle in, it has to be repeated. The Texas crash demonstrated this. It didn’t start with a lie, but it started with a premature, careless statement that could be easily twisted into one.
The Constable’s certainty that there was no one in the driver’s seat was premature at best, and reports about the incident being an Autopilot crash were also premature then, or a lie at worst. Reports about an uncontrollable blaze burning for four hours were false as well. Yet the narrative was so hammered down and unchallenged that even when the NTSB preliminary report came out, the needle barely moved.
Elon Musk’s reservations about maintaining a relationship with the media are understandable. Years of inaccurate reports tend to do that to a person. However, Tesla could also adopt a much more assertive anti-misinformation strategy. Tesla China has been doing this as of late, to great results. Anyone following the Tesla China story would know that the company was embroiled in a PR storm that involved alleged reports of “brake failure” incidents surrounding the company’s vehicles. But after an assertive legal campaign from Tesla China, media outlets have issued apologies for misreporting on the company and social media personalities have admitted to making up alleged incidents that painted the company’s vehicles in a negative light. Granted, such strategies may not be as effective in the United States, but something has to be done. What this something is remains up for question.
Do you have anything to share with the Teslarati Team? We’d love to hear from you, email us at tips@teslarati.com.
News
Tesla patent aims to make massive change to common automotive part
Detailed in US 2026/0110320 A1 and published on April 23, the patent re-engineers the humble trim clip—the small plastic fastener that secures interior panels to the vehicle’s body structure. Traditional clips are single-piece plastic parts designed for one-time installation.
A new Tesla patent aims to fix a common automotive item for a more peaceful ride, revolutionizing its design to remove vibrations and noise during normal operation.
Detailed in US 2026/0110320 A1 and published on April 23, the patent re-engineers the humble trim clip—the small plastic fastener that secures interior panels to the vehicle’s body structure. Traditional clips are single-piece plastic parts designed for one-time installation.
Over time, they loosen, rattle, and transmit road noise, suspension vibrations, and minor panel buzz directly into the passenger compartment. Tesla’s new design turns that ordinary item into a reusable, two-material vibration-damping system built for long-term silence.
A TESLA PATENT DETAILS THE TWO MATERIALS AND FOUR FORCES THAT MAKE A TRIM CLIP REUSABLE
Tesla published a single patent application on April 23 that describes how to make an interior trim clip reusable across multiple service cycles.
US 2026/0110320 A1 was filed in October 2024… https://t.co/02yOUKkar2 pic.twitter.com/pEJUCw46yc
— SETI Park (@seti_park) May 3, 2026
The clip consists of four components drawn from just two material families. The pin and grommet are molded from rigid glass-fiber-reinforced nylon, giving them the strength needed to hold panels firmly in place.
Not a Tesla App reported on the patent.
A soft thermoplastic elastomer (TPE) is then overmolded onto the assembly in a distinctive mushroom shape that flares outward beyond the pin shaft. This soft layer does the heavy lifting for comfort: it spreads mechanical loads over a wider area and actively damps oscillations before they can reach the interior trim.
The result is a measurable reduction in noise, vibration, and harshness (NVH)—the very factors that separate a merely quiet electric vehicle from one that feels genuinely serene.
Engineers used finite-element analysis to dial in four precise forces that make the system both secure and serviceable. It takes 31 newtons to insert the grommet into the body panel and 243 newtons to pull it back out, ensuring it stays anchored during normal driving. The pin, however, slides in with only 7 newtons and releases at 152 newtons, the patent says.
Because the grommet grips the sheet metal far more tightly than the pin grips the grommet, technicians can pop the trim panel off, service wiring or components behind it, and snap everything back together without disturbing the grommet or degrading the soft overmold.
The clip survives repeated service cycles with no measurable loss of damping performance.
For drivers, the payoff is a noticeably more peaceful ride. Road rumble, panel flutter, and high-frequency buzz that often sneak into luxury cabins are absorbed at the source rather than conducted through rigid plastic. Over the life of the vehicle, the reusable design also prevents the gradual loosening that causes rattles in conventional clips. Fewer replacements mean less cabin noise from degraded parts and lower long-term maintenance costs.
Tesla’s patent shows how even the smallest hardware decisions affect the overall driving experience. By giving a mundane trim clip two distinct personalities—rigid where strength is needed, soft where silence matters—the company is quietly engineering away one more source of distraction.
If the design reaches production, future Tesla owners could enjoy an even calmer, more refined interior without ever noticing the clever little clips holding it all together.
News
SpaceX and Google mull massive partnership on Musk’s orbital data dream: report
The two companies are currently in talks for a rocket launch deal to support the placement of data centers in orbit as part of their push into space-based computing.
SpaceX and Google are in the process of ironing out the details of a potential partnership, a new report from the Wall Street Journal says. The two companies are currently in talks for a rocket launch deal to support the placement of data centers in orbit as part of their push into space-based computing.
In a move that blends cutting-edge AI demands with the final frontier of space exploration, Google is in exclusive talks with Elon Musk’s SpaceX for a rocket launch deal to deploy data centers in orbit. The Wall Street Journal is now reporting today, May 12, that the discussions mark Google’s aggressive expansion into space-based computing, addressing the exploding energy needs of artificial intelligence that terrestrial infrastructure can no longer sustain.
Exclusive: Google is in talks with SpaceX for a rocket launch deal as the search giant expands its own efforts to put orbital data centers in space https://t.co/QUCD3cPjxi
— The Wall Street Journal (@WSJ) May 12, 2026
SpaceX, nor Google, have commented on the report.
The catalyst for a potential deal is clear: AI’s voracious appetite for electricity. Global data centers consumed about 415 terawatt-hours (TWh) of electricity in 2024—roughly 1.5 percent of worldwide usage—according to the International Energy Agency. That figure is projected to more than double to around 945 TWh by 2030, with AI-focused servers growing at 30 percent annually, outpacing overall electricity demand growth by more than four times.
Some forecasts peg data center consumption exceeding 1,000 TWh by 2026, equivalent to Japan’s entire national electricity use. A single large AI training facility can draw as much power as 100,000 homes. On Earth, this translates to grid overloads, skyrocketing costs, land shortages, and massive water demands for cooling—constraints that threaten to throttle AI progress.
Orbital data centers promise a radical workaround. In space, satellites can harness constant, unobstructed sunlight for power—solar panels generate roughly five times more energy in orbit than on the ground, with no night cycle or atmospheric interference.
Excess heat radiates harmlessly into the vacuum of space, eliminating energy-intensive cooling systems and water usage. No terrestrial land or power grid is required, freeing operations from regulatory and environmental bottlenecks.
Musk has long championed the concept, framing it as inevitable. “Space-based AI is obviously the only way to scale,” he wrote on SpaceX’s site following the xAI merger. “Global electricity demand for AI simply cannot be met with terrestrial solutions… In the long term, space-based AI is obviously the only way to scale.”
He has repeatedly highlighted solar advantages: “Space has the advantage that it’s always sunny,” and “any given solar panel is going to give you about five times more power in space than on the ground.”
Musk predicted in early 2026 that “in 36 months but probably closer to 30 months, the most economically compelling place to put AI will be space,” adding that within five years, annual space-launched AI compute could surpass Earth’s cumulative total. “SpaceX will be doing this,” he declared when discussing scaled-up Starlink satellites with high-speed laser links for orbital data transfer.
Meanwhile, Google has been quietly advancing a similar vision under Project Suncatcher, its internal “moonshot” initiative. CEO Sundar Pichai has described plans to launch two prototype satellites equipped with Tensor Processing Units (TPUs) by early 2027 for testing thermal management and reliability in orbit. In interviews, Pichai has called orbital computing a potential “normal way to build data centers” within a decade, enabled by launch cost reductions.
SpaceX is uniquely positioned to make this reality. The company recently filed with the FCC to launch up to one million satellites dedicated to orbital data centers at altitudes between 500 and 2,000 kilometers, projecting capacity for 100 gigawatts of AI compute.
These talks align with SpaceX’s broader ambitions, including a potential IPO where orbital infrastructure features prominently in investor pitches.
FCC accepts SpaceX filing for 1 million orbital data center plan
Challenges remain formidable, as is expected with a project with expectations so lofty. Radiation-hardened hardware, laser-based inter-satellite and Earth-downlink communications, launch economics, and orbital debris management are key hurdles.
Yet early movers like Starcloud (which trained the first large language model in orbit in late 2025) and Google’s prototypes signal accelerating momentum. Rivals, including Amazon and Blue Origin, are exploring similar paths, but SpaceX’s Starship and Starlink heritage give it a launch cadence edge.
This partnership could redefine AI infrastructure, turning the skies into the next data center frontier. As Earth’s power limits loom, Musk’s vision, combined with Google’s ambition, could position space not as sci-fi, but as the scalable solution for humanity’s computational future.
Investor's Corner
Legendary investor Ron Baron says Tesla and SpaceX stock buys will continue
In a wide-ranging appearance on CNBC’s Squawk Box on May 12, legendary investor Ron Baron, founder, CEO, and portfolio manager of Baron Capital, reaffirmed his deep conviction in Elon Musk’s two flagship companies.
Legendary investor Ron Baron says he will continue buying stock of both Tesla and SpaceX, as he continues his support behind CEO Elon Musk, who he says is a special person and “brilliant.”
In a wide-ranging appearance on CNBC’s Squawk Box on May 12, legendary investor Ron Baron, founder, CEO, and portfolio manager of Baron Capital, reaffirmed his deep conviction in Elon Musk’s two flagship companies.
With assets under management approaching $55–56 billion, Baron detailed his firm’s substantial holdings, outlined plans for the anticipated SpaceX IPO, and painted an exceptionally optimistic picture for both Tesla (NASDAQ: TSLA) and SpaceX, framing them as generational opportunities that will reshape industries and deliver extraordinary long-term returns.
Baron Capital’s position in SpaceX has grown dramatically since the firm began investing around 2017. What started as roughly $1.7 billion has ballooned to more than $15 billion, making it the firm’s largest holding.
Tesla ranks second, valued at approximately $5 billion in the portfolio. Together with stakes in xAI and related Musk-led ventures, these investments account for roughly one-third of Baron Capital’s $60 billion in lifetime profits since 1992. Baron emphasized that the growth stems from Musk’s singular ability to execute ambitious visions—from reusable rockets to global satellite internet and beyond.
The centerpiece of the discussion was SpaceX’s expected initial public offering, targeted for mid-2026 following a confidential S-1 filing. Baron announced plans to purchase an additional $1 billion in shares at the IPO.
Ron Baron said today that he plans on buying an additional $1 billion of SpaceX stock during the upcoming IPO:
“At the IPO price, I’ve got an order for $1 billion. I want to buy more stock at the IPO. I don’t know if we’re going to get filled, but we’re going to try. I believe… pic.twitter.com/KOv1HvYcZ0
— Sawyer Merritt (@SawyerMerritt) May 12, 2026
He described the company’s trajectory in sweeping terms: “This is going to become the largest company on the planet.”
He highlighted Starlink’s expansion of high-speed internet to every corner of the globe, the revolutionary economics of reusable rockets, and Starship’s potential to enable massive space-based data centers and interplanetary infrastructure.
Baron sees SpaceX not merely as a rocket company but as a platform poised for exponential scaling once it goes public, with post-IPO appreciation potentially reaching 10- to 20- or even 30-times current levels over the next decade or more.
On Tesla, Baron struck an equally enthusiastic note, declaring that “now is Tesla’s moment.” He projected the stock could reach $2,000 to $2,500 per share within 10 years—implying a market capitalization near $8.3 trillion and roughly 5–6 times upside from recent levels. While Tesla remains a major holding, Baron’s optimism centers on its evolution beyond electric vehicles into an AI, robotics, autonomous-driving, and energy platform.
He pointed to robotaxis, Full Self-Driving (FSD) technology, Optimus humanoid robots, energy storage, and the vast real-world data advantage from Tesla’s global fleet as catalysts that will fundamentally alter the company’s revenue model and valuation multiples. Baron views these developments as transformative, shifting Tesla from a traditional automaker to a high-margin technology and infrastructure powerhouse.
Throughout the interview, Baron’s admiration for Musk was unmistakable. He has likened the entrepreneur to a modern Leonardo da Vinci for his artistic, multidisciplinary approach to solving humanity’s biggest challenges.
Baron’s personal commitment mirrors this confidence: he has repeatedly stated he does not expect to sell a single share of his own Tesla or SpaceX holdings in his lifetime, positioning himself as the “last one out” after his clients. This stance underscores a philosophy of patient, long-term ownership rather than short-term trading.
Baron’s comments arrive at a time of heightened anticipation around SpaceX’s public debut, which could rank among the largest IPOs in history and potentially value the company at $1.5–2 trillion or more at listing.
For investors, his message is clear: the Musk ecosystem—spanning electric vehicles, autonomy, robotics, satellite communications, and space exploration—represents one of the most compelling secular growth stories of the era. While short-term volatility in tech and EV stocks may persist, Baron sees these as buying opportunities for those who share his multi-decade horizon.
In summarizing his outlook, Baron reinforced that the combination of technological breakthroughs, massive addressable markets, and Musk’s leadership creates asymmetric upside that few other investments can match.
For Baron Capital’s clients and long-term Tesla and SpaceX shareholders alike, the investor’s latest CNBC remarks serve as both validation and a call to remain patient through the inevitable ups and downs. As Baron sees it, the best days for both companies—and the returns they can deliver—are still ahead.