The investment trust’s patience with biggest holding Tesla has been rewarded
Thursday 27 Feb 2020 Author: Daniel Coatsworth
Shares in £9.6bn investment trust Scottish Mortgage ( SMT ) are trading at an all-time high of 659p, thanks in part to the soaring success of electric vehicle maker Tesla which is the largest holding in its portfolio. Tesla’s share price has gone up by 119% so far this year as investors react positively to production numbers and signs that it could be close to making an annual profit...