A long-term Elon Musk backer is cashing out of Tesla — and cutting its SpaceX exposure
Summary
Scottish Mortgage Investment Trust has completely sold its remaining shares in Tesla. Additionally, the prominent long-term backer of Elon Musk reduced its financial exposure to SpaceX.
Scottish Mortgage Investment Trust has cut its SpaceX holding to 11.1% of assets and sold its remaining Tesla stake.
Source: Read the full story at US Top News and Analysis
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