Jim Simons' RenTech fund supercharged its Tesla bet last quarter, boosting its value 1,000 times to over $400 million

Jim Simons' RenTech fund supercharged its Tesla bet last quarter, boosting its value 1,000 times to over $400 million

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Jim Simons. Sylvain Gaboury/Getty Images Renaissance Technologies boosted its Tesla stake from 1,400 shares to 3.4 million last quarter. The stock purchases lifted the value of RenTech's stake from under $400,000 to over $400 million. Jim Simons' quantitative fund also ramped up its bets on Amazon…

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