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Lehigh County, Pennsylvania Pension Fund's Board Votes To No Longer Purchase Tesla Stock

Benzinga
Summary
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66% Informative

Lehigh County , Pennsylvania 's pension fund voted 4 -2 in favor of a motion to suspend future purchases of Tesla stock.

The board also voted to advise its investment manager to create a written plan on how to divest from Tesla entirely.

This would not be the first time a public pension fund has divested its Tesla interests.

Denmark 's $20 billion AkademikerPension CEO took direct aim at Musk in his announcement explaining the divestiture decision.

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53

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43

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42

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formal

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English

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47

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not hateful

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short-lived

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