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Baillie Gifford Ready To Double Down On Tesla (TSLA) If Needed

October 29th, 2018 | by Kyle Field

One of Tesla's largest shareholders, Baillie Gifford & Co, noted that it was willing to inject more money into the automaker in the event that another capital raise was needed. As of June 30th, the firm owned 7.72% of outstanding shares, or 13,171,801 shares, valued at nearly $4.4 billion at the current stock price. (That's billion with a "b.")

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