- The first domino falls! Today Lehigh County, Pennsylvania became the first US pension fund to suspend new Tesla purchases in its actively managed funds 👏🍸🎉 #teslatakedown substack.com/home/post/p-...
- This is a huge step. It demonstrates to other pension funds that there's real fiduciary risk in Tesla, and it is proof positive that our public divestment campaign can secure concrete wins. LFG!May 6, 2025 23:39
- I'm certainly no financial analyst but including a stock with a p/e of 150+ in your pension fund seems a bit irresponsible.
- I mean it's not actually divestment, it's just 'we won't get any more of it'. But still, a step.
- It also requires a roadmap to divestment. And for a public pension both are huge steps
- London bridge.