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"The Most Powerful Retail Investor" claims to no longer be ALL-IN on Tesla and issues a "three battles" warning......
1. Tesla's third largest shareholder, Liao Kaiyuan, is reducing his positions in Tesla and shifting to short-term US Treasury bonds; 2. Liao Kaiyuan stated that the third world war has arrived, and a stock market crash like that of 1929 is imminent; 3. Liao Kaiyuan previously opposed Musk's $55 billion compensation plan, which was rejected by the Delaware State Court this Monday.
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Tesla's major shareholder Liao Kaiyuan: no longer investing entirely in Tesla, the 1929 stock market crash is about to repeat.
Tesla's major shareholder, Liao Kaiyuan, recently posted that a stock market crash similar to that of 1929 is approaching. He wants to hedge his investment portfolio's risks, and due to concerns that Tesla stocks may be about to be sold off, he chose to sell part of his Tesla stocks and invest in relatively safer short-term treasury bills to protect his investments.
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