Despite a noticeable slump in growth and profit for Tesla Inc. (NASDAQ:TSLA), fund manager David Baron foresees a significant increase in the company’s stock value. What Happened: Despite the company’s disappointing outlook for 2024, Baron, who manages the Baron-Focused Growth Fund, remains hopeful. He predicts Tesla’s stock will surge to a staggering $1,200 by 2030, indicating a potential 550% increase from its current standing, reported Bloomberg. Baron also estimates the stock will bounce back to approximately $300 within the next 12 months, showing a rise from its closing figure of $183.25…
