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Scottish Mortgage Investment Trust PLC shares were on the up on Tuesday after Tesla Inc, its fourth-largest holding, became the fifth US company to notch up a US$1trn market valuation. The FTSE 100-listed investment trust was one of Elon Musk’s earlier backers but last year sold more than 40% of what was its largest holding, meaning it missed out on the shares continuing to go through the gears to a new high above US$1,000 apiece.
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