Big Billion Dollar Bets on Tesla Unsupervised Robotaxi in 2025 | NextBigFuture.com
Smart money is selling Uber and buying Tesla for the bet that 2025 will be the year of Tesla robotaxi.
Brad Gerstner sold over $1 billion of Uber in his Altimeter Capital fund and bought Tesla in the last weeks. Altimeter reported over $1 billion in Uber as of September 30, 2024 in their 13F filing.
Since 2011, Altimeter’s public equity fund has averaged annual returns of 29.52%.
In the last 12 months (as of November 2024), Altimeter Capital Management’s average return was 30.68%.
On the BG2 podcast and youtube show, Brad said he had sold all of his Uber and bought Tesla. He described some caveats but basically gave his reasons that the analysis
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
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