Letters by company
Tesla, Inc.
7 letters discussing TSLA. Everything written about it on this site is on its ticker page.
- Baron Funds Letter from Ron Ron Baron argues that long-term value creation requires backing executives willing to make consequential investments despite immediate costs and visible risks. He presents MSCI’s private-assets data strategy, Tesla’s autonomy and manufacturing ambitions, and SpaceX’s launch, connectivity, and AI infrastructure as examples of that approach. JUNE 30, 2026 — MSCI $41BTSLA $1.4T0R24 $650BGOOGL $4.2T
- CrossingBridge Advisors Q2 2026 Commentary - To Infinity and Beyond CrossingBridge argues that AI infrastructure can be economically transformative while still producing poor credit outcomes when capital spending, competition and weak lender protections outrun cash flows. It bought Polar DC, Oracle, Warner Bros. Discovery, Spirit Airlines and GAMHOL debt, favoring secured structures, covenant protection and liquidity amid tight credit spreads. Q2 2026 — APLD $7.9BEVOK delistedORCL $413BSAVE delisted
- Rowan Street Capital Rowan Street 2025 Year-End Letter Meta Platforms remains Rowan Street’s largest holding, with the firm retaining its stake to preserve long-term compounding despite elevated investment spending. Rowan Street maintained Shopify through valuation compression, reduced its practical exposure to The Trade Desk by not adding during its decline, and initiated Tesla as a new core holding amid pessimistic sentiment. 2025 +11.1% META $1.4TSHOP $192BTSLA $1.4TTTD $6.3B
- Biglari Holdings 2025* Biglari Holdings used Steak n Shake borrowing to build dry powder while preserving parent-level liquidity for acquisitions. It made Ferrari its largest equity holding, expanded Steak n Shake’s owner-operator model and premium-food strategy, and positioned its insurance group and reinsurance arm to pursue further acquisitions. 2025 — RACE $75BTSLA $1.4T
- Horizon Kinetics 2nd Quarter Commentary Horizon Kinetics argues that passive indexation has concentrated equity risk in large U.S. technology companies as disinflationary forces, cheap capital and global labor arbitrage reverse. It identifies electricity and natural gas as AI bottlenecks, favoring Permian landowner LandBridge and Texas Pacific Land for data-center, water and royalty exposure. 2nd Quarter 2024 — LB $6.7BAMZN $2.8TGOOGL $4.2TMETA $1.4T
- Bireme Capital December 2023 Investor Letter Fundamental Value sold Netflix, cut Meta Platforms and added Apple, Clorox, Tootsie Roll, ARM Holdings and C3.ai shorts as mega-cap and staples valuations rose. It remained long Old Republic and RCI Hospitality, arguing their earnings power is underappreciated, and initiated British American Tobacco for its low valuation and reduced-risk nicotine franchise. The portfolio expects persistent inflation and fiscal deficits to constrain the soft-landing narrative. December 2023 +21.3% BTI $123BAAPL $4.5TAI $1.6BARM $268B
- First Eagle Investments Global Value Team Annual Letter Global Value Team argues that market optimism underprices the risks of a failed soft landing, persistent fiscal deficits and widening geopolitical conflict. The team favors quality, durable businesses bought below estimated value, alongside gold and potentially oil as ballast, and promoted Max Belmont to portfolio manager of its Gold strategies. 2023 — AAPL $4.5TAMZN $2.8TBRK.A $1.1TGOOGL $4.2T
