How early Tesla investor Owuraka Koney of Jennison Associates built a 14,800pc gain and $US5.9 billion fortune

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“They are mostly a car company today,” Mr Koney said. “That’s what drives the majority of their revenue. A few years from now that will still be the case.”

When Tesla posts quarterly earnings on Wednesday US time, Mr Koney will not be especially worried about the company’s seemingly constant volatility. The results will be a barometer for how well a series of price cuts are working in an increasingly crowded market, in which legacy car makers and start-ups are…

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