Elon Musk Just Exposed The Most Evil Business In The World!



Published
Tesla CEO Elon Musk hasn’t always been a fan of the metrics used by
investment funds to assess companies’ environmental, social, and
governance performances. The fact that his company was removed from a
prominent ESG index has done little to soften his criticism.
The S&P 500 ESG Index, which serves as the basis for a number of passive
investment products, excluded Tesla Inc. last month, despite the company’s
role in raising electric automobiles to status symbols. The exclusion has only
exacerbated Tesla’s stock decline.
What is going on with the ESG Index, and why was Tesla not on the list?
Elon Musk replied to Tesla’s removal from the S&P 500 ESG Index last month
by tweeting that ESG was a “scam” and pointing out that Exxon, one of the
world’s worst polluting firms, was listed among the index’s top 10 best
companies.
Category
Management
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