Scottish Mortgage manager believes Elon Musk is undervaluing Tesla

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#1

Originally published at: https://whichinvestmenttrust.com/scottish-mortgage-manager-believes-elon-musk-is-undervaluing-tesla/

As Musk surprised investors with his tweet about taking his company private opposition from perhaps, his loyalist shareholder has arisen. Scottish Mortgage (LON:SMT) joint manager James Anderson has indicated that he’s unhappy with the proposal from Elon Musk in his tweet on August 7th, where he wrote: His tweet has caught out short-sellers, and with…


#2

I don’t really trust Elon Musk, so I hope he does take Tesla private and Scottish Mortgage sells its holding.

Personally I’d be much more comfortable with that scenario, with SMT investing our money elsewhere.


#3

Nah can’t agree with you there @sandradore. I’m happy for Scottish Mortgage to maintain their stake (as part of a diversified portfolio of holdings of course).

I’ve no idea if Tesla will eventually be a winner her in the electric car sector, but I think they have a pretty reasonable prospect of being there or there abouts.

Musk is a bit of a petulant child sometimes, but he is also an incredible visionary who has fashioned not only a volume car business from scratch, but built a really big fu**ing rocket company to boot!