RT Ricardo Rodrigues (@ricmrodrigues)@WR4NYGov this is just TSLA Black Friday ...

We Are/DigitalVision via Getty Images Dear Baron Fifth Avenue Growth Fund Shareholder, Baron Fifth Avenue Growth Fund® (the Fund) gained 5.7% (Institutional Shares) during the third quarter, lagging the 10.5% gain for the Russell 1000 Growth Index (R1KG) and the 8.1% gain for the S&P 500 Index (SPX), the Fund’s benchmarks. Year to date, the Fund is up 14.4% compared to gains of 17.2% and 14.8% for the Fund’s benchmarks, respectively. Annualized performance (%) for period ended September 30, 2025 Fun ...

来源：滚动播报 特斯拉跌4.2%，跌破400美元，年内走势再度转负。CoreWeave续跌3.8%，遭美媒点名为"AI泡沫的核 心"。沃尔玛跌2.5%，首席执行官董明伦将于一月份退休。Cidara Therapeutics涨104.9%，默沙东同意以 92亿美元现金收购该公司。华纳兄弟探索涨2.8%，派拉蒙、康卡斯特和奈飞拟参与竞购该公司。 ...

Ron Baron is NOT holding back on Tesla.He says most CEOs have to be careful about future promises, except @elonmusk.@RonBaronAnalyst believes Elon will grow Tesla 5–7x in the next 10 years, and then 4–5x after that…Putting $TSLA stock at around $2,500 in a decade, and possibly 4x that! Massive conviction. 🚀 ...

Group 1 - Tesla stock experienced a significant sell-off, dropping nearly 5% before the market opened on Friday, with a total plunge of 6.6% [1] - The decline in Tesla's stock price is linked to CEO Elon Musk potentially incurring a loss on his $1 billion purchase made on September 12, which had previously supported the stock price [1] - The broader market also faced losses, with the Dow Jones index falling 300 points, indicating a general downturn in growth-led stocks including Nvidia and Tesla [2][4] Group 2 - The market's sell-off was characterized by sharp declines in major tech stocks, particularly Tesla, Nvidia, and Palantir, contributing to the Dow's 800-point drop, marking the sharpest loss in a month [4] - The sell-off in growth stocks has raised concerns, as the "Magnificent Seven" stocks, including Amazon and Nvidia, also faced significant declines [4]

🚨 Ron Baron: "I don't expect to sell my personal Tesla or SpaceX shares in my lifetime"$TSLA https://t.co/3Ff30uUYvs ...

Core Viewpoint - Tesla's share price experienced a significant decline of 6.6% on November 13, 2025, which may present a strategic entry point for investors despite the unsettling nature of the drop [1]. Group 1: Reasons for Tesla's Stock Decline - The decline in Tesla's stock was part of a broader sell-off in the technology sector, compounded by specific challenges faced by the company [4]. - The electric vehicle market in China is undergoing a severe price war, leading to a drop in Tesla's market share from 8.7% in September 2025 to 3.2% in October 2025, marking its lowest level in over three years [5]. - Tesla's valuation is under scrutiny, with a forward 12-month earnings ratio of 171.1X compared to the industry's 89.88X, raising concerns about the stock being overpriced relative to its fundamentals [6][7]. Group 2: Future Prospects for Tesla - Despite current challenges, Tesla is pursuing innovative projects that could drive long-term growth, including the development of the Optimus humanoid robot and a Robotaxi network [8]. - Plans to establish a production line for 1 million units of the Optimus robot suggest that non-automotive segments could represent up to 80% of Tesla's future valuation, according to CEO Elon Musk [9]. - The success of these transformative technologies remains uncertain, as their execution and profitability are still in early stages [10]. Group 3: Investment Alternatives through ETFs - For investors looking to mitigate risk while gaining exposure to Tesla, ETFs that include Tesla among their top holdings are recommended, such as XLY, VCR, DRIV, and IDRV [2][11]. - The Consumer Discretionary Select Sector SPDR Fund (XLY) has $23.62 billion in assets, with Tesla comprising 20.16% of its holdings, and has gained 4.1% year to date [13][14]. - The Vanguard Consumer Discretionary ETF (VCR) has $6.4 billion in net assets, with Tesla at 18.18%, and has increased by 2.3% year to date [15]. - The Global X Autonomous & Electric Vehicles ETF (DRIV) has $334.15 million in net assets, with Tesla at 3.17%, and has surged 29.2% year to date [16][17]. - The iShares Self-Driving EV and Tech ETF (IDRV) has $171.08 million in net assets, with Tesla at 4.43%, and has soared 34.1% year to date [18].

智通财经APP获悉，周五盘前，美联储官员鹰鸽分歧加剧，12月降息前景未明，美股三大股指期货集体 下跌，纳斯达克100指数期货大跌1.66%，明星科技股多数下跌，特斯拉(TSLA.US)跌超5%，英伟达 (NVDA.US) 、美国超微公司(AMD.US)跌超3%，谷歌-A(GOOGL.US) 、Meta Platforms(META.US)跌超 2%，亚马逊(AMZN.US)跌超1%。 此外，据媒体报道，上月特斯拉AI软件副总裁Elluswamy在会议上表示："如果你在特斯拉的人工智能团 队工作，明年将是你人生中最艰难的一年。"报道称，近两小时的全员会议被定位为一次"动员令"，期 间AI部门各级领导向员工传达了具体目标。这些目标关系将到马斯克本月新薪酬方案能否兑现。 消息面上，美联储关于12月是否进行年内第三次降息的决定正变得悬而未决。由于对通胀的担忧以及部 分官员认为劳动力市场依然稳健，越来越多决策者对进一步放松货币政策流露出犹豫，其中包括一些此 前坚定的支持者。波士顿联储主席Susan Collins和旧金山联储主席Mary Daly发出了迄今最明确的谨慎信 号。Collins直言，近期进一步放松政策的"门 ...

艾夫斯及其团队表示："这加剧了围绕空头'AI泡沫论'的担忧，以及对英伟达在华收入被切断的忧虑，还 有对'太大而不能倒'的OpenAI的议论……加上迈克尔·伯里的做空推文更是添乱。简而言之，我们认为这 对科技股来说只是一个短暂的小型恐慌时刻，因为我们相信，随着投资者寻求参与AI革命以及目前正 在消费端和企业端上演的第二、第三、第四轮衍生效应，科技股将在今年剩余时间内迎来大幅上涨。" 分析师指出，第三季度科技股财报季最重要的收获是微软(MSFT.US)、亚马逊(AMZNJ.US)和 Alphabet(GOOGL.US)公布的强劲云业务数据，以及由Meta平台公司和其他科技巨头引领的直至2026年 的大幅资本支出增长。分析师认为，随着AI交易进入下一阶段，科技巨头的资本支出在2026年可能从 今年的约3800亿美元增至5500亿至6000亿美元。 艾夫斯及其团队表示："这是一场AI军备竞赛，推动下一阶段增长的是科技巨头们的支出，而且这一趋 势到2026年也不会放缓，思科本周公布的乐观季度业绩和指引就是另一个积极数据点……我们认为这对 AI革命看涨论点是一个巨大的积极因素和验证时刻。" 智通财经APP获悉，投行韦德布 ...

Core Viewpoint - Billionaire investor Ron Baron remains committed to his Tesla shares despite recent market volatility, viewing the current tech selloff as an opportunity to identify bargains [1][2]. Investment Strategy - Baron has not sold any of his personal Tesla shares, maintaining a significant personal investment in the company, which constitutes approximately 40% of his net worth [2][4]. - He sold 30% of Tesla shares for clients a few years ago due to external pressures but has kept his personal holdings intact [2][3]. Financial Performance - Baron has realized approximately $8 billion in gains from Tesla over the years and anticipates the potential to earn five times that amount over the next decade [3]. Commitment to Investments - Baron made a lifelong commitment to not sell his Tesla and SpaceX shares until all his clients have sold their holdings, emphasizing his long-term investment philosophy [4].