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One of Tesla's largest shareholders is urging Elon Musk to simmer down and focus after a tumultuous few weeks

Posted On: Jul 12, 2018   |   Posted By: Business Insider

One of Tesla's largest shareholders is urging Elon Musk to simmer down and focus after a tumultuous few weeks

Mark J. Terrill / Associated Press
Baillie Gifford, Tesla's fourth-largest shareholder, says it wants Elon Musk to put away the distractions and focus.
James Anderson, a partner and portfolio manager at the asset management firm, pointed to the turmoil surrounding the Tesla CEO, including his public rants in recent weeks. Musk has targeted reporters and news outlets over troubling news about Tesla Model 3 production and internal struggles at the company. Those rants have prompted some fallout.
Anderson says the Baillie Gifford firm still supports Musk, "but would like peace and execution at this stage," Bloomberg reported on Wednesday.
Tesla has either missed or postponed Model 3 production goals since the company started building its newest car in late 2017.
One of Tesla's most influential shareholders is giving Elon Musk an earful about the turmoil surrounding him and the electric automaker in recent weeks.
James Anderson, partner and portfolio manager at the asset management firm, Baillie Gifford, pointed...

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