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Baillie Gifford: the fund that still believes in Elon Musk

Scottish fund manager’s US equity chief tells Barron’s he is ‘incredibly excited’ about the outlook

Tom Slater, partner and head of US equities at Baillie Gifford
Tom Slater, partner and head of US equities at Baillie Gifford Photo: Getty Images

Fund managers at Baillie Gifford sometimes try to avoid giving newsmaking comments about their holdings. That can be a challenge when you’re one of the biggest owners of Tesla shares.

When Tom Slater, Baillie Gifford’s US equities head, visited Barron’s in early September in the wake of Elon Musk’s “going private” soap opera, he declined to discuss the company.

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