Tesla (TSLA, Financial) was a top contributor to the Fund's performance during the quarter. Tesla posted a host of impressive financial results made possible by solid production, increased capacity, and strong execution. We believe Tesla's technology, scale, and low-cost advantage make it not only the breakaway leader in the electric-vehicle market but also position it to disrupt the overall automotive industry.
From Spiros Segalas (Trades, Portfolio)' Harbor Capital Appreciation Fund fourth-quarter 2020 commentary.
