News@lemmy.worldEnglish · 20 days ago

A county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks

www.businessinsider.com

251

A county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks

www.businessinsider.com

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News@lemmy.worldEnglish · 20 days ago

A pension board in Lehigh County, Pennsylvania, decided it would no longer purchase new Tesla stocks because of Elon Musk.

Summary

Lehigh County’s pension board voted to halt new Tesla stock purchases over Elon Musk.
Tesla’s revenue and shares have significantly declined, drawing widespread shareholder concerns.
Global pension funds, including some in the Netherlands and Denmark, are divesting from Tesla.

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Now sell the stock you already hold

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