A secretive US asset manager bet big on Tesla in 2011 after a young analyst saw its potential. The stock is up nearly 15,000% since then.
A secretive US asset manager bet big on Tesla back in 2011 when a 27-year old analyst saw the EV maker's potential – and now its stock is up nearly 15,000% since then. owns more than 20 million shares in the Elon Musk-led carmaker, racking up a stake that's currently worth around $5.9 billion. That also makes the asset manager one of Tesla's largest investors. Bloomberg
From self-teaching himself about the EV industry to meeting Musk himself, Koney watched Tesla like a hawk. Then just a year after the automaker went public at $17 apiece, Koney was sold."Owuraka believed that Tesla was going to revolutionize the auto industry," Kathleen McCarragher, head of growth equity at Jennison Associates, told Bloomberg.
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