上周末，有网友在社交媒体X（前身为“推特”）上问是否还持有特斯拉，廖凯原回复道，他①Tesla's third largest shareholder Leo Koguan is cutting back on his holdings in Tesla and moving into short-term US Treasury securities. ②Leo Koguan stated that the third world war is imminent, similar to the stock market crash of 1929; ③Leo Koguan had previously opposed Elon Musk's $55 billion compensation plan, which was rejected by the Delaware State Court this Monday.
On December 4th, Caixin Global News (Editor: Zhao Hao) reported that Leo Koguan, the third largest shareholder of Tesla, is currently reducing his holdings in Tesla and investing in short-term US Treasury securities.
As the third largest individual shareholder of Tesla, Leo Koguan's holdings in Tesla are only surpassed by Elon Musk and Oracle's co-founder Larry Ellison, earning him the title of Tesla's "most sophisticated retail investor."
Last weekend, when asked on the social media X (formerly Twitter) if he still holds Tesla shares, Leo Koguan replied that he will hold long term but no longer be all-in on Tesla, saying "I am selling Tesla stocks and increasing my holding in US 3-month Treasury bills."
Leo Koguan stated that this action is to hedge his investment portfolio. It is worth mentioning that the "Stock God" Buffett has also significantly increased his holdings in short-term US Treasury securities. By the end of the second quarter, Berkshire Hathaway's holdings in short-term US Treasury securities even exceeded the Federal Reserve's.
"I believe the third world war (WW3) is already here, and a stock market crash similar to 1929 is imminent." Leo Koguan said, "Our debt exceeds $36 trillion; the budget deficit is $2 trillion; and the trade deficit is close to $1 trillion."
In October 1929, the New York stock market suddenly crashed, leading the US and the global economy into a 10-year period known as the Great Depression. In line with this, the "Stock God" has also previously mentioned buying short-term Treasury securities during times of economic crisis.
It should be noted that in Leo Koguan's explanation, he believes that the third world war is already here, rather than just about to happen. This statement indicates that he sees current circumstances, such as geopolitical conflicts or tensions, as already forming a situation similar to a world war.
Liao Kaiyuan did not disclose the scale and speed of his sell-off of Tesla on social media. If this is true, it would be a very significant change for the person known for his 'Tesla whale' image.
Data shows that as of May this year, Liao Kaiyuan holds 27.7 million shares of Tesla. In the early years, Liao Kaiyuan told the media that he believed in Tesla CEO Elon Musk and aspired to continuously increase his holdings in this electric auto manufacturer until his net worth reached $100 billion.
Since Musk acquired Twitter, Liao Kaiyuan has increasingly criticized him, stating that this social media platform has distracted Musk's time and attention. Earlier this year, Liao Kaiyuan slammed Musk, criticizing him for harming shareholders and the company's interests by extensively selling personal stocks.
Liao Kaiyuan has also stated that he will vote against Musk's $55 billion compensation plan with his 27 million shares. On Monday, a judge in the US state of Delaware once again rejected Musk's high compensation package at Tesla.