General Discussion
In reply to the discussion: Jfc- Elon Musk just tweeted this [View all]sop
(17,998 posts)"Tesla is having a tough day in the stock market, but not because of its stock price. While the automakers stock is down more than 7 percent today, the biggest news comes from the fact that Tesla has been removed from the S&P 500 ESG Index. As you may have guessed, Elon Musk isnt thrilled about this."
"The S&P 500 ESG Index evaluates companies environmental, social and governance data to rank and recommend them to investors. According to CNBC, the ESG Index uses criteria that includes hundreds of data points related to how companies handle their environmental impact and treat stakeholders like employees, vendors, partners, neighbors and customers. Each company in the Index is given a score based on these parameters."
https://jalopnik.com/tesla-booted-from-s-p-500s-esg-index-because-of-all-the-1848944760
