Veytics Intelligence
2026-11-06 · Yahoo

Elon Musk's longtime backer exits Tesla after 13-fold gain

This article first appeared on GuruFocus. Scottish Mortgage Investment Trust has lost a longtime institutional investor in Tesla Inc. (TSLA, Financials) , saying it sold its remaining shares in April to conclude a stake it initially formed in 2013. Warning! GuruFocus has detected 6 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator.TSLA GF Value chart The Baillie Gifford (Trades, Portfolio)-managed fund invested nearly $470 million into Tesla over 13 years, making almost $6.2 billion in realized profit. The investment yielded 13 times the invested funds. Scottish Mortgage said most of Tesla's promise in autonomous driving and robotics was already factored into its value.

Read the full Veytics brief

We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.