In a first, a pension fund has voted to block new investments in Tesla: ‘Musk has destroyed the brand’

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In a first, a pension fund has voted to block new investments in Tesla: ‘Musk has destroyed the brand’

fortune.com/2025/05/09/pension-fund-tesla-lehigh-elon-musk

A U.S. pension fund has taken measures to pause new buying in Tesla stock because of the risks posed by the carmaker’s CEO Elon Musk and the lagging financial performance at the company. Lehigh County Controller Mark Pinsley said the fiduciary oversight duties of the pension board…

This story appeared on fortune.com, 2025-05-09 09:07:00.