Europe's Largest Pension Fund Divests from Tesla Due to Musk's Compensation

Reported about 6 hours ago

Europe's largest pension fund, Stichting Pensioenfonds ABP, has sold its entire €571 million stake in Tesla, citing concerns over Elon Musk’s controversial pay package and poor working conditions within the company. The decision was made following a vote against Musk's pay, which was deemed excessively high, and reflects the fund's commitment to responsible investment practices.

Source: YAHOO

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