Baillie Gifford European Growth Trust plc (BGEU.L)
- Bloomberg
Longtime Tesla Holder Baillie Gifford Backs $56 Billion Musk Pay
(Bloomberg) -- One of Tesla Inc.’s longest-standing holders, Scottish asset manager Baillie Gifford, will vote in favor of Elon Musk’s $56 billion pay package, according to a person familiar with the matter.Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMusk to Ban Apple Devices If OpenAI Is Integrated Into OSNYC Landlord to Sell Office Building at Roughly 67% DiscountInvestment Bank Moelis Probes Incident After Video of Employee Appearing to Punch Woma
- InvestorPlace
NIO Stock Warning: Steer Clear of the Slow Slide
Nio (NYSE:NIO), which at one time traded for as much as $62.84 per share, now trades for under $5 per share, putting NIO stock firmly in penny stock territory. However, investors have rightfully bailed this China-based EV manufacturer. I’m referring to more than just fair weather fans of the stock. As InvestorPlace’s Eddie Pan reported last week, Baillie Gifford, one of Nio’s largest institutional shareholders, sold nearly 84% of its position. This is not surprising. The company’s growth has con
