Reported about 24 hours ago
The American Federation of Teachers (AFT) is calling on asset management firms to reassess Tesla's valuation due to concerns about potential risks to teacher pension funds heavily invested in the electric vehicle company. AFT President Randi Weingarten emphasized that investment managers should prioritize their duties despite CEO Elon Musk's influence, urging them to clarify whether to hold or divest Tesla stock to protect retirement benefits.
Source: YAHOO