“我不再全押特斯拉了。我正在出售特斯拉股票并买入3个月期美国国库券。类似1929年的股市大崩盘即将到来。美国政府债务超过36万亿美元，预算赤字2万亿美元，贸易赤字近1万亿美元。我要对冲我投资组合的风险。”Tesla's major shareholder Liao Kaiyuan recently posted a warning about the US government's debt issues, stating that a stock market crash similar to that of 1929 is approaching. He plans to hedge his investment portfolio risks by selling a portion of Tesla stocks, as he is concerned that Tesla's stock is about to be sold off, opting to invest in relatively safe short-term Treasury bonds to protect his investments.
One of Tesla's largest individual shareholders, Liao Kaiyuan, is no longer all in on Tesla's stocks.
Recently, when replying to a question from a netizen on the social media platform X, he mentioned that he is reducing his Tesla holdings because he is concerned about a potential sell-off of the stock, and plans to invest some of the proceeds from selling stocks into government bonds:
"I am no longer fully betting on Tesla. I am selling Tesla stocks and buying 3-month US Treasury bills. A stock market crash similar to 1929 is imminent. The US government debt exceeds 36 trillion US dollars, with a budget deficit of 2 trillion US dollars, and a trade deficit of nearly 1 trillion US dollars. I want to hedge the risks in my investment portfolio."
Analysis points out that although Liao Kaiyuan did not respond to inquiries about the specific amount and speed of reducing his Tesla stocks, this action indicates a significant shift in his attitude towards Tesla.
During the overall rise in the stock market in 2021, Liao Kaiyuan became a major shareholder of Tesla. He publicly expressed his trust in Musk and had the ambition to increase his stake in Tesla to a net worth of at least 100 billion US dollars. According to the Bloomberg Billionaires Index, Tesla's stock constitutes a significant part of Liao Kaiyuan's 13.5 billion US dollars wealth. As of May, he held 27.7 million shares of Tesla, representing approximately 0.9% of the company's shares.
69-year-old Liao Kaiyuan was born in Indonesia and educated in New York, USA. He currently resides in Singapore. He initially built his wealth through SHI International, a software company located in Somerset, New Jersey, which he operated with his ex-wife.
Since 2019, Liaokaiyuan began buying Tesla stocks and quickly established a huge position through stock options. However, since Musk acquired the social media platform X (formerly Twitter), Liaokaiyuan has increasingly criticized Musk, believing that the platform has distracted Musk's time and energy, affecting Tesla's operations.
In the shareholder vote in May this year, Liaokaiyuan opposed Musk's controversial compensation plan, which had been previously rejected by a judge in Delaware.
Editor/Lambor