So here’s a plot twist nobody saw coming: Leo KoGuan, who’s basically Tesla’s third-biggest individual cheerleader (after Elon’s mom and that guy who named his dog “Cybertruck”), just dropped serious cash on Nvidia. We’re talking 1 million shares, which at current prices is roughly the GDP of a small island nation.
Now, before you start thinking Leo’s having some kind of midlife crisis and abandoning his Tesla obsession, hold up. This isn’t a breakup story – it’s more like adding a second favorite child to the family.
KoGuan, who made his fortune building IT infrastructure company SHI International (and probably knows more about servers than your IT department), announced his Nvidia shopping spree on X with all the confidence of someone who’s never heard of buyer’s remorse. His hot take? “AI is NOT a bubble, it is only the beginning.” Bold words from a guy who’s putting his money where his caps lock is.
Here’s the thing that makes this interesting: while everyone else is getting cold feet about AI stocks (Nvidia’s down 4% this year, which in AI-stock terms is basically a recession), Leo’s out here buying the dip like it’s Black Friday at Best Buy. He told Bloomberg this was his way of calming “nervous markets,” which is either incredibly generous or the most expensive therapy session in history.
But wait, there’s more drama. A few years back, Leo actually accused Elon Musk of deliberately tanking Tesla’s stock price. Imagine having that conversation at a dinner party. Yet here he is, still “mostly in Tesla + T-bills” (because apparently even billionaires need some boring investments for balance).
His current Tesla thesis is that the market hasn’t figured out the real value of Tesla’s energy business, “cybercap” (whatever that means), and Teslabot. He’s calling Tesla “the leading embodied AI on earth,” which sounds like something you’d hear at a tech conference after too much free coffee.
So what’s the takeaway here? Leo’s basically hedging his bets in the most expensive way possible. He’s keeping his Tesla position because he thinks robots and energy storage are going to print money, while also betting that Nvidia’s going to keep being the picks-and-shovels play of the AI gold rush.
It’s actually pretty smart when you think about it. Tesla makes the robots, Nvidia makes the brains for the robots. It’s like owning both the car company and the engine manufacturer – except the engines are powered by artificial intelligence and the cars might eventually drive themselves to your job interview.
Whether Leo’s right about AI just getting started or if he’s about to learn an expensive lesson about market timing, one thing’s for sure: when billionaires start making moves this big, the rest of us should probably pay attention. Even if we can’t afford to follow their lead with anything more than a few shares and a prayer.