Business Blog: Tesla investor rode a 14,800% gain thanks to 27-year-old analyst

Tuesday, July 18, 2023

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

Owuraka Koney, an early investor in Tesla when he was just 25 years old, is still bullish on the future of the EV company. Koney, who convinced his colleagues at Jennison Associates to gamble on Tesla's stock and built a position now worth $5.9bn, predicts the company will be pumping out double the 2 million cars it expects to deliver this year, positioning it for even more growth.

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