Tesla's "Top Retail Investor" Aims to Break AI Panic: Buys 1 Million Shares of Nvidia and Will Continue to Increase Holdings!

Years ago, billionaire Leo KoGuan, one of Tesla’s largest individual shareholders, came into the public eye. On Wednesday, he revealed that he had purchased 1 million shares of Nvidia the day before and plans to continue increasing his holdings.

“I am confident that artificial intelligence is not a bubble; it is just the beginning,” he wrote on social media platform X.

According to the Bloomberg Billionaires Index, Leo KoGuan’s net worth is approximately $12.8 billion. Nvidia closed at $180.05 in New York on Tuesday, meaning the 71-year-old billionaire’s recent purchase was worth about $180 million.

In a subsequent interview, Leo KoGuan also said, “I plan to buy another 1 million shares of Nvidia soon to show my support for the market.”

Recently, AI trading has been impacted, and traders are reassessing the influence of this technology. The relentless hype over the past three years has subsided, and investors can now clearly see which companies are winners and which are losers. So far this year, Nvidia’s stock has fallen about 3%.

Leo KoGuan was born in Indonesia, educated in New York, and now resides in Singapore. He initially accumulated wealth through SHI International, a software resale service company he co-founded with his ex-wife.

As a retail investor, he entered the stock market only in 2019, initially pouring large sums into tech companies like Baidu, Nvidia, and new energy vehicle startups like NIO. However, he later sold almost all of these holdings, leaving only a bet on Tesla.

As Tesla’s third-largest individual shareholder, Leo KoGuan owns less stock than Elon Musk himself and Larry Ellison, co-founder of Oracle, making him known as Tesla’s “most impressive retail investor.” KoGuan has publicly stated, “I consider myself a fan of Elon. I want to say he is the only person I truly respect on Earth.”

Still bullish on Tesla

Notably, a few years ago, Leo KoGuan publicly criticized Elon Musk on social media, accusing him of damaging shareholders and the company’s interests by selling large amounts of his personal stock. In November 2024, KoGuan also said he was “no longer fully invested in Tesla” and had started buying government bonds, citing concerns about a “1929-style stock market crash” and the potential for a third world war.

On Wednesday, Leo KoGuan stated that he still mainly invests in Tesla and U.S. Treasury bonds. In another social media post, he called Tesla “the world’s leading embodied artificial intelligence.”

Embodied intelligence refers to intelligent behavior generated through an agent’s physical interaction with its environment, emphasizing the interdependence of cognition and action in the physical world.

“I believe Tesla’s energy products, Cybertruck, and Teslabot are not fully reflected in the stock price,” he wrote on X. “Therefore, bold investors can still buy Tesla shares in hopes of huge future wealth.”

Tesla’s autonomous taxi Cybercab and humanoid robot Optimus are currently seen as the company’s future cornerstones. Investors mainly focus on these two products, which will open up vast new markets for Tesla, with Nvidia also set to benefit from this growth.

(Source: Cailian Press)