Baillie Gifford, the largest institutional investor in Tesla, increased its stake in the company during the first quarter despite all the controversy surrounding the electric carmaker.
We recently asked Andrew Telfer, the $252 billion asset manager's joint senior partner, what it takes for the firm to sell a company it has invested in for the long haul...
Sometimes [it's] when they have been successful and start to plateau and the growth is running out, sometimes it's when the business model has proven not to be what we thought it was.
Login to comment.