Dave Portnoy Places $10 Million Bet on Tesla, Anticipating 10% Bounce in Under Two Weeks
Dave Portnoy, the founder and CEO of Barstool Sports, has made a bold move by investing $10 million in Tesla Inc., following a pullback in the company’s shares early this week. On Monday, Portnoy announced on X that he had purchased $10 million worth of Tesla shares, hoping for a 10% bounce in under two weeks. He tagged the move as a #crazyelon play, referencing CEO Elon Musk’s erratic behaviors that have contributed to the stock’s volatility[…]