Veytics Intelligence
2026-11-06 · Yahoo

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

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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.

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