Tesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst

07/18/2023 16:26
Tesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst

Owuraka Koney speaks about Jennison's early bet on the Musk-led EV maker.

Owuraka Koney persuaded colleagues at Jennison Associates to bet big on Tesla.

Owuraka Koney persuaded colleagues at Jennison Associates to bet big on Tesla.

Photographer: Gabriela Bhaskar/Bloomberg

Owuraka Koney speaks about Jennison's early bet on the Musk-led EV maker.

Owuraka Koney forms part of an elite group on Wall Street: Those who foresaw Tesla Inc.’s wild growth potential before it even went public.

Koney was just 25 when he stumbled across the fledgling electric-vehicle maker while researching other companies for Jennison Associates. He was immediately taken with Tesla’s vision and by 27 managed to convince his colleagues at Jennison to gamble on the stock.

Share

Read more --->