| ▲ | ifwinterco 3 hours ago | |||||||||||||
How does Tesla fit with the rest of those? I'm not a huge fan of Elon Musk but Tesla is a company that produces electric cars (mostly in western countries with half-decent labour laws), it's not associated with any of those things. I guess one could argue with some merit that the governance is bad enough to exclude it on that basis alone? | ||||||||||||||
| ▲ | sgt 3 hours ago | parent | next [-] | |||||||||||||
Agreed - Tesla has been an insanely good investment. I'm not sure about the next 10 years, but people have continuously underestimated them (and Elon Musk). The Norwegian so called Oil Fund owns more than 1% of Tesla. | ||||||||||||||
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| ▲ | Luc 3 hours ago | parent | prev | next [-] | |||||||||||||
"Danish pension company Akademikir Pension has announced it will divest from Tesla due to ongoing concerns about labour rights, corporate governance, and Tesla CEO and co-founder, Elon Musk's behaviour." https://www.europeanpensions.net/ep/Denmarks-Akademiker-Pens... | ||||||||||||||
| ▲ | Gomotono an hour ago | parent | prev | next [-] | |||||||||||||
Europe is still a democracy and while its apparently not relevant in the US America, Elon Musk as the richest person on the planet directly tried to involve him in europe elections. | ||||||||||||||
| ▲ | acdha 3 hours ago | parent | prev | next [-] | |||||||||||||
Tesla has a P/E wildly out of line with the rest of their sector and is facing strong competition with a largely absentee CEO who has a history of making very bad decisions over the objections of more skilled staff (politics, of course, but also things like how the Cybertruck is so expensive to make and own). At some point that bubble is going to pop so I can understand a pension fund being more focused on long term returns passing on them. | ||||||||||||||
| ▲ | Matl 3 hours ago | parent | prev [-] | |||||||||||||
Tesla is known for hazardous factory conditions, worker mistreatment etc.[1] Then there's the autopilot misleading marketing, Cybertruck being glued together with spit glue and duct tape etc. 1 - https://en.wikipedia.org/wiki/Criticism_of_Tesla,_Inc.#Worki... | ||||||||||||||