A more-than-10 percent slide in Tesla's stock price this year is evidence there's something about the electric automaker investors don't quite like. But Josh Spencer, manager of T. Rowe Price's Global Technology Fund, is not one of those investors.
"I love everything about Tesla. I think it's a revolutionary company, addressing an enormous market with differentiated technology," he told CNBC's "Fast Money: Halftime Report" on Friday.
He said the consumer response to Tesla's Model 3 has been fantastic, and he believes the more affordable electric car will drive significant growth in the future. The company has received nearly 400,000 orders for the Model 3, according to Tesla CEO Elon Musk.
That outlook was at odds with the assessment of Jim Cramer, who on Thursday said Musk was getting away with "financial murder" by fabricating outlandish guidance that he knows he cannot match.