Billionaire investing icon, Ron Baron, discussed Tesla in his company's first quarter shareholder letter. While some analysts are convinced of falling demand for the Tesla Model 3, Baron points out an obvious blindspot in their analysis. He explains, "About 90 million cars per year are sold across the globe. Tesla's newly inaugurated leasing program is creating additional demand. About 60% of cars sold by others are leased. Until April, Model 3 had no such program."