Published 2 years ago

Elon Musk calls ESG a 'scam' after Tesla removed from S&P 500 ESG Index

Summary by Ground News

Cathie Wood, CEO of ARK Invest, calls Tesla's booting from the S&P 500 ESG Index "ridiculous" Tesla was kicked out of the sustainably focused stock-market index this week. Wood has been a longtime supporter of Tesla, which is Ark Invest's top position.

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New York Post

Cathie Wood slams Tesla’s removal from S&P 500 ESG index: ‘Ridiculous’

Ark Invest founder and noted Tesla bull Cathie Wood has joined company boss Elon Musk in slamming the S&P 500’s decision to remove the electric car maker from its stock index tracking the most …

2 years ago·New York, United States

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IBTimes

Tesla Removed From S&P 500 ESG Index, Prompting Musk Fury

S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues, including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday.

2 years ago·United States

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National Post

Tesla gets cut from widely followed ESG Index, and Elon Musk tweets his fury

Investors concerned about issues like diversity and climate change have poured billions of dollars into funds using ESG criteria to pick stocks

2 years ago·Canada

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Business Insider

Ark's Cathie Wood says Tesla's booting from S&P 500 ESG is 'ridiculous'

Ark Invest boss Cathie Wood, a longtime cheerleader for and investor in Elon Musk's EV maker, tweeted the move is "not worthy of any other response."

2 years ago·United States

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Live Mint

Elon Musk calls ESG a 'scam' after Tesla removed from S&P 500 ESG Index

Exxon is rated top ten best in world for ESG by S&P 500, while Tesla didn’t make the list, tweeted Elon Musk

2 years ago·New Delhi, India

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MEAWW Entertainment

'Thank god Exxon's still on it': Elon Musk slams 'wacktivism' as S&P 500 ESG Index drops Tesla

'Thank god Exxon's still on it': Elon Musk slams 'wacktivism' as S&P 500 ESG Index drops Tesla Elon Musk mocked the controversial ESG sustainability index on Wednesday, May 18, after his company Tesla was removed from the list over concerns about the company's apparent lack of low carbon strategy, claims of workplace racism, and deaths from autopilot crashes.Tesla became the world's most valuable automobile manufacturer by ushering in a new era …

2 years ago

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