Tesla (TSLA) Declined as its Core Automotive Segment Remained Under Pressure

Baron Funds, an investment management company, released its “Baron Partners Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The fund was up 8.39% (institutional Shares) in the fourth quarter, trailing the Fund’s primary benchmark, the Russell Midcap Growth Index’s 14.55%, and the S&P 500 Index’s 11.69% returns. The Morningstar Large Growth Category Average (the Peer Group) increased 13.83% during the period. In addition, please check the...