Ron Baron(@RonBaronAnalyst):Thanks for the kind words @ElonMusk!!! Investing in Tesla and in you isn’t just smart…it is electrifying…and in combination with @BaronCapital's investment in SpaceX…it is otherworldly!!! Portfolio holdings as a percentage of net assets as of March 31, 2024 for securities mentioned are as follows: Tesla, Inc. - Baron Fifth Avenue Growth Fund (2.7%), Baron Focused Growth Fund (7.8%), Baron Global Advantage Fund (2.8%), Baron Opportunity Fund (3.0%), Baron Partners Fund (29.3%*), Baron Technology Fund (1.4%); Space Exploration Technologies Corporation - Baron Asset Fund (2.3%), Baron Fifth Avenue Growth Fund (0.9%), Baron Focused Growth Fund (9.1%), Baron Global Advantage Fund (4.9%), Baron Opportunity Fund (2.4%), Baron Partners Fund (11.1%*). *% of Long Positions.

2024.05.13 17:58

Thanks for the kind words @ElonMusk!!! Investing in Tesla and in you isn’t just smart…it is electrifying…and in combination with @BaronCapital's investment in SpaceX…it is otherworldly!!! Portfolio holdings as a percentage of net assets as of March 31, 2024 for securities mentioned are as follows: Tesla, Inc. - Baron Fifth Avenue Growth Fund (2.7%), Baron Focused Growth Fund (7.8%), Baron Global Advantage Fund (2.8%), Baron Opportunity Fund (3.0%), Baron Partners Fund (29.3%*), Baron Technology Fund (1.4%); Space Exploration Technologies Corporation - Baron Asset Fund (2.3%), Baron Fifth Avenue Growth Fund (0.9%), Baron Focused Growth Fund (9.1%), Baron Global Advantage Fund (4.9%), Baron Opportunity Fund (2.4%), Baron Partners Fund (11.1%*). *% of Long Positions.