One of Tesla’s biggest investors took an 11.4% stake in rival Nio

Baillie Gifford & Co., the second-biggest shareholder of Tesla stock, has taken an interest in a Nio, the Chinese electric vehicle automaker that recently became a publicly traded company. Baillie Gifford now owns an 11.44% stake in Nio, according to a regulatory filing posted Tuesday. The company disclosed that it had purchased 85.3 million shares, […] https://ift.tt/2OfVHm1 support@endlesssupplies.ca (Endless Supplies .Ca) October 09, 2018 at 04:31PM