Billionaire Tesla Whale Says He Bought 1 Million Nvidia Shares
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Billionaire Leo KoGuan, a major individual shareholder of Tesla Inc., bought 1 million shares of Nvidia Corp. on Tuesday, spending roughly $180 million at Tuesday’s close of $180.05.
He said that AI is “not a bubble” and plans to buy another million shares to support the market.
Despite growing skepticism of Elon Musk and Tesla, KoGuan said he remains mostly invested in Tesla and treasury bills, noting Tesla’s energy, Cybercap, and Teslabot are undervalued. He made his fortune with SHI International Corp. and has been buying Tesla since 2019.
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