An Elon Musk superfan made the Forbes 400 list after snapping up Tesla stock during the pandemic | Autoblog

An Elon Musk superfan made the Forbes 400 list after snapping up Tesla stock during the pandemic

This page is for personal, non-commercial use. You may order presentation ready copies to distribute to your colleagues, customers, or clients, by visiting https://www.parsintl.com/publication/autoblog/An Elon Musk superfan joined the Forbes 400 list for the first time this year. KoGuan is among a group of investors who've made millions off of Tesla's soaring share price.

What makes KoGuan's wealth so unusual is how he amassed it: by snapping up Tesla stock during the early days of the pandemic. , KoGuan said he began trading stocks in 2019, buying up shares of companies like Baidu and Nvidia. But he began losing money and opted to sell all of his shares except his stake in Tesla, whose stock he kept buying — by early 2020, he'd amassed a $1.5 billion stake in the company.

KoGuan now owns about 22.6 million shares of Tesla and 1.23 million options, making him the company's third-largest individual shareholder behind Musk and Oracle founder Larry Ellison, according to

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