ron baron still thinks tesla still has a lot more room to run. >> this year, tesla is going to do somewhere around $32 billion in revenues and i guess they're going to do 100 billion in four years and i think they have potential for a trillion within ten years. so basically, you're looking at the very start of what tesla, what's going to happen with tesla. this could be one of the largest companies in the whole world >> joining us now is collin rush and our phil lebeau. gentlemen, welcome i'm going to start with you, collin that was a pretty bold suggestion from ron that this company in which he has a large stake of more than a billion dollars, so he's a fan he thinks this company can go to a trillion in revenue in a decade do you see that? >> it's pretty aggressive and early to tell, but what we know is that they've been able to

ron baron has been talking with us this morning about tesla.es of hyatt as we were heading to a break. that's a stock you bought into when. >> 2008-2009 and i was an investor when i started my career in the 1970s and jay is a president and chairman of the company. he was one of the first people to help me in business so i had a very good feeling and i'm friendly with tom since 1979 1979 and it was amazing and there's 17 people that were on the forbes 400 that were from there. 17 people out of 400 and then the family begins to feud and to figure out how they're going to manage money instead of having him manage money for them. they want the money. so goldman sachs. >> this is the one year chart. >> so goldman sachs and walton go ahead and say to the investors the other shareholders we'll buy your stock and it was $56 a share at the time. he said we'll pay 56 or 55 or something like that and they buy stocks from them and with the intention of going public at some point in time and now it's 2008 and 2009 and now it's goldman sachs and $55 stock. a

obviously musk is not selling, a quarter of the stock ron baron not selling a share. with massive public manic action to ride the momentum, it's not in the s&p 500. it's by far largest market cap stock not in there so you have great incentive if you're performance-based to own some. >> fomo. >> some fomo there all of it works together. >> citron out with a tweet we love tesla. if he was a fund manager no longer about the technology it's the new wall street casino. >> that's what it's becoming at these levels by the way, he wouldn't have to short the stocks, he could issue shares that would help the country and capture the premium that's built in if you look at the retail investor flows, robin hood app, 12,000 new accounts bought it yesterday. >> amazing. >> all that stuff is whipping up this froth. >> that's retail. >> incremental buy to his point, not a lot of people selling what you would otherwise expect with this kind of move. >> without a doubt what the machines love to do, systematic traders is interact with heavy retail flow that's a kind way of saying they lik

it was ron baron we keep trying to say, well, it was somebody saying.usk hasn't said a thing >> well -- >> but i'm saying when you listen to ron baron, you wanted to take it to a thousand. >> but it did have a broader impact than just tesla in terms of the way it was being viewed and the way it was being traded. >> yes. >> and the flows it was initiating as a result of this and then the island pattern. suddenly people wanted the island pattern. >> or the eiffel tower pattern. >> yeah. the stock went up too much the sellers can try to press it down there's a lot of people that said, jim, it was not a short squeeze. some of it was a short squeeze. >> yeah. >> but i like what david's analysis is. it's amazing, when this stock got hit, it was almost like people said, all right, it could be an opec cut libya is offline let's buy value, because tesla failed tesla went up again, let's sell value. >> yesterday was one of those days if you look value versus growth, it was stark. >> it was the day. now, we used to have these rotations over periods of weeks, then

. >> thanks, dom >>> don't miss ron baron he's got to love what is going on >> coming up, tesla's riceu can't miss. we are back right after this le-e with your golf clubs. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. shipsticks.com saves you time and money. make it simple. make it ship sticks. shipsticks.com saves you i need all the breaks, that i can get. at liberty butchumal- cut. liberty biberty- cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ high protein low sugar tastes great! high protein low sugar so good! high protein low sugar mmmm, birthday cake! and try pure protein delicious protein shakes >>> stocks trying to add to yesterday's gains. what exa

good data on tesla >>> we'll hear more about tesla tomorrow morning from ron baron, billionai billionaire investor he was an early tesla bull i know that ron is probably still bullish on tesla but he can speak for himself tomorrow morning 7:00 a.m >>> racing for a cure, the bio tech stock that surged today because they're testing for a coronavirus treatment. >>> goldman giving up on exxon and nearly every stock is slammed. is this maybe the perfect storm to buy energy in be sure to watch or listen to us on the go, anywhere you are on the cnbc app we are live from times square in new york city. much more fast money right after this we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and continge

. >> pierre, you are remaining confident in their model i wonder when you hear ron baron come on our ut a trillion in revenue in ten year, does that make sense to you? >> not really, because you have, like, with all due respect to ron, of course, within that vision, tesla could become a ride-sharing operation so they could be the number one car manufacturer and the number one ride sharing operation in the world. and so that's that about the stories i don't buy. i don't think tesla will ever be able to catch up with uber and other ride sharing leaders very simply because once you have the ride sharing leader in a market, it's nearly impossible to beat that on top of that, i don't think tesla will have a technology, and nobody will have a technology in the possible future, that allows cars to drive by themselves without supervision and without being part of an existing fleet. so i have a view on that matter, which is a lot of self-driving technology will become available over the next decade, but the only place you're going to be able to do that for ride sharing are existing ride sharin

one billionaire investor ron baron, saying he believes it will hit one trillion in 10 years. i would like to end, there is a lot of fear of missing out but we'll have also ford earnings come out in next 30 minutes. i will be back with those. melissa: kristina, thank you. app failure in iowa lifting stocks, causing chaos in the hawkeye state. what impact could this have on future of election technology? here is curt knudson, cyber guy. liz peek, foxnews.com columnist. a fox news contributor. curt, is this best app they could find? all of silicon valley are democrats. they would have donated an app to help this. how in the world did this happen? >> $63,000 of the worst spent money the democratic party in iowa could have done. watch out nevada spent 5thousand dollars towards the same app but as of late this afternoon they're bailing on it. they will not be using that. this this is absolute catastrophe and digital disgrace for any political party. as we stand here still awaiting results from the iowa caucus to have an app fail at this magnitude three things went wrong. number one

perfect timing for us to have ron baron on tomorrow. you don't want to miss what he has to say when you u look at tesla, the first quarterly profit for panasonic's u.s. battery operation was just posted. that's significant the gig factory in spark, mov nevada first time they have posted a profit >> phil, would you describe this as an auto industry event of stock market event or both >> both. i would call it both and look in terms of the auto industry and investors, the question is this. do you believe that we are in an inflection point where electric vehicles are going to take off u from from here maybe not huge numbers, but take off from here. if you do, then you say who's best positioned. tesla is best positioned among all automakers no question about that especially when you look at the growth expected in china, that's why so many people are pulling in or putting themselves into the stock right now. >> phil, is there a brand name, a company, that is the leader in charging stations? >> well, tesla obviously has its charging network th

investor ron baron believes the company could hit one trillion dollars revenue in 10 years. have short selling and fear of missing out. that is coming off the highs of the day. yesterday we saw it close 20% higher. today hovering around 13%. a lot of people are surprised by this reaction. i will end on this little caveat, harvard researchers model the probability of a crash in tesla's stock price right now is more than 80%. so let's see who is going to risk it. liz? liz: who said that harvard? reporter: harvard. what do they know. liz: let's ask berkeley, my alma mater. kristina, thank you very much. tesla is losing some steam here. right now at 880 bucks. remember just a few minutes ago. we were at 960, some profit-taking. markets are also in the aggregate off session highs. bring in burke financial strategy ceo john burke, with half a billion in assets. what do you think is happening here? profit-taking? >> liz, ifs ands and buts were candy we would have a party. guess what? we're having a party. there is a lot to be afraid of. look at coronavirus, this thing under control

. >> yeah, well, watch ron baron tomorrow and you'll hear from him directly questions now, first up form jay merkel. do joe or josh think coronavirus fears could cause an unexpected spike in revenue for zoom video. that's an interesting -- >> makes sense technology disconnecting from human contact. i'm okay with that, but i would rather focus on the 85% revenue growth, end of lock up, growth of zoom phone, i probably would be inclined to add to my position. >> you own it as well, don't you sdm. >> -- don't you? >> i do, and i hadn't thought of that but i love it why fly to beijing chuck have a video screen on your wall, an interactive conversation, everything memorialized along the right column, why do you need all this travel, so yeah, maybe this is a reason why the stock gets more. >> stock's up 13%. liz young from stephen in san diego california, cnbc commentators have been recommending emerging markets is on this program that has happened, are the recent drops of etf a sign of worse price to come >> i think there's worse to come i'm never an advocate of massive in emerging markets,

tesla has now more than doubled so far this year earlier, ron baron weighed in on the sharp move higher and where it could be headed >> this year, tesla is going to do somewhere around $32 billion in revenues. i guess if they're going to do 100 in four years and i think they have potential for a trillion dollars within ten years, so basically, you're looking at the very start of what's going to happen with tesla. this could be one of the largest companies in the world >> phil is look iing at the company supplied robert frank is covering elon musk's soaring wealth. joining us to break it down is michael grainhoff. let's get things off with phil lebeau >> and let's show that chart again in terms of where tesla shares are up $160? $160 in one day. look at the volume 43 million shares beinged. that's compared to the average daily volume of about 18 million. so there are a lot of people piling into this stock now. three suppliers you may not have heard of that are crucial to tesla growth u and getting the benefit of people saying hey, i want to play this. let's start with catl. a chinese ele

ron baron has million dollars on the stock making aggressive claims.r side has a market cap greater than all the other auto companies, a long way to go before they get profitability. i understand both times. part of the keys to successful investing say you don't know, you don't know. i'm not either long or short the stock. stuart: jim awad. thank you. promise to our viewers. we'll cover the main stories of the day, the stock market, iowa debe bach kel, market rally and tesla rally. we'll cover google's tear-inducing super bowl commercial. the ad is called heartwarming. one person on the show it advertises one of google's creepiest products. not sure i'm with that. will tell us all about it. watch out for google. trump derangement syndrome on college campuses. watch this. >> he needs to use more peaceful language. >> i'm very passivist. i don't support wars. i don't support any of that at all. >> israel is not the one we should be backing at all. stuart: one of the students did not realize they're commenting on democrat comment, not president trump as t

. >> i was so surprised when ron b b baron yesterday when we said your shares you owned since 2014 just bit off of the table. one of his portfolio managers wanted him to and he said no way. it was incredible to me his willingness to stick by it and not even just a little bit of insurance. >> there's a ton of house money in the stock right now and that's both ways. >> a convertible bond now way in the money. >> are other electric cars selling? i don't see a lot on the road. >> well, that's what magic here of tesla is. they make -- they have created a market for electric electric vehicles. people are buying because of the brand, not necessarily because it's an electric vehicle that's the frustration, traditional automajornlg makers hasn't taken off in the same way as tesla >> the chevy volt. gone >> big picture enthusiasm for a post-petroleum world >> sure. >> it's all running through tesla, just like internet tv ran through netflix for a little while when it was $400 a share and when somebody else comes along and you can credibly say we are going to participate in this market. >> the mod