Baillie Gifford

KKR among Lyft investors at $7.5b valuation for startup

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Baillie Gifford, AllianceBernstein LP and PSP Investments joined the round.

Musk, big investors likely to boost stakes in Tesla

Elon Musk and key institutional investors will probably tighten their control over electric car maker Tesla Motors Inc after it acquires sister company SolarCity Inc, a Reuters analysis shows. Musk, who is chief executive of Tesla and chairman of SolarCity, will remain the largest individual shareholder, boosting his stake from… Read more »