Comment on Billionaire investor Chamath Palihapitiya says GameStop's rally is no different than how Wall Street missed out on Tesla's surge

Billionaire investor Chamath Palihapitiya says GameStop's rally is no different than how Wall Street missed out on Tesla's surge

The tech investor closed his GameStop position. Brian Ach/Getty Images for TechCrunch Investor Chamath Palihapitiya told CNBC on Wednesday that GameStop's rally resembles Tesla's rise. He said GameStop's mind-boggling surge this week is another instance of individual investors winning out over hedge funds. A collective effort by one Reddit community has sent GameStop shares through the roof this week.

 

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