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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 in 2011 after a young analyst saw its potential The stock is up nearly 15,000% since then
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How early Tesla investor Owuraka Koney of Jennison Associates built a 14,800pc gain and $US5 9 billion fortune

Owuraka Koney has built an $8.7 billion fortune, but he sees lots of room for more gains as the company introduces a groundbreaking way to make cars.

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Asset Manager Bet on Tesla in 2011, Stock Has Surged 15,000%

Owuraka Koney, a 27-year old analyst with no background in the EV industry saw potential in Tesla from the get-go.

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THIS analyst spotted Elon Musk-led Tesla s potential early on, got his investment firm 14,853 pc gain on the stock

Tesla stock news: Jennison Associates is widely known as one of Elon Musk-led Tesla's biggest investors. Its wildly successful bet on the electric vehicle (EV) manufacturer is courtesy of Owuraka Koney- the man who saw Tesla's immense growth potential long before it went public. He spoke about how this investment came to be., Companies News, Times Now

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tesla stock surge: Tesla investor rode a 14,800% gain thanks to 27-year-old analyst

A dozen years and some 14,800% later, Koney isnt satisfied. He still sees lots of room for additional gains as the company releases a “tsunami” of new cars in the coming years. At the same time, he expects the auto industry to undergo a massive consolidation as it makes the challenging shift away from combustion engines.

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