Part 1/9:
Ray Dalio Invests in Tesla: A Bold Move and Its Implications
In a surprising turn of events, Ray Dalio, founder of Bridgewater Associates, has made headlines with his recent investment in Tesla, acquiring 15,358 shares valued at over $62 million. This investment marks a notable shift from Dalio’s typical investment strategy, which has predominantly focused on diversified index funds rather than individual stocks. His average purchase price was $438 per share, which places him at a current loss since Tesla’s stock is trading around $355.