Vote Now | Elon Musk calls ESG 'is a scam'. What do you think?
Elon Musk isn't pleased after $Tesla (TSLA.US)$ was dropped from an equity index that tracks environmental, social and governance principles (ESG).
ESG is a scam. It has been weaponized by phony social justice warriors.
—— Mr.Musk said.
Musk lamented that $Exxon Mobil (XOM.US)$, one of the world's largest oil and gas companies, remained in the index.
The S&P Dow Jones Indices recently removed Tesla and several other companies from its ESG index as part of its yearly rebalancing.
Tesla lagged its peers for a variety of reasons including its carbon strategy, working conditions and handling of a regulatory investigation, the index operator said.
In recent years, ESG investing has grown in popularity as investors try to put money into more socially conscious companies.
Source: WSJ, Twitter
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stonks 30000 : sus
PalmettoMoo : It is a scam. Agree with Elon.
ToastofGJ : 100% agree with Musk. he has battled horrid stock market bullying in his days. Tesla nor Musl are done
xela888 : Musk is a sore loser. He was okay with ESG when Tesla was on the index but now that it’s been removed, calls it a scam. Sour puss
KingNY-Life : The dark politics has reached into the capital markets, which is ugly.
PATELJignesh : Elon always cryin
102159891 : Tesla shd develop its own ESG Index
Chatterbox Moo OP xela888 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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102326563 : Both Americunts are scammers. Just ride bicycles and take public electric trains if truly green. Still remember S&P maintained A rating for US banks in 2007/8? S&P rating is a joke.
Always Hungryy : they just wanna whack him coz he is playing market with the whole Twitter thing. though I also don't agree with his ethics on Twitter deal I do still think Tesla should be in ESG
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