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Tesla Needs Period of ‘Peace and Execution,’ Major Shareholder Says

Baillie Gifford portfolio manager James Anderson discusses Tesla’s production issues.

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By Sarah Gardner and Ed Hammond

July 11, 2018 at 6:46 PM UTC

This article is for subscribers only.

One of Tesla Inc.’s biggest investors has called for the Elon Musk-led carmaker to keep its head down and focus on performance.

“We are very supportive, but we would like peace and execution at this stage,” James Anderson, a partner and portfolio manager at Baillie Gifford & Co., Tesla’s fourth-largest shareholder, said Wednesday in a Bloomberg Television interview. “It would be good to just concentrate on the core task.”