Musk Lashes Out After Tesla Dropped From ‘Social Good’ Index
Stock price down bad, too nearly 30% from asking price.
May 18 (Reuters) - An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc (TSLA.O) from the widely followed S&P 500 ESG Index (.SPXESUP)because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and
Tesla CEO Elon Musk responded with harsh tweets including that "ESG is a scam
Musk tweeted that "Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list! ESG is a scam. It has been weaponized by phony social justice warriors."
Source:https://www.reuters.com/business/su...autopilot-discrimination-concerns-2022-05-18/
