Tesla removed from S&P 500 ESG Index, prompting Musk pushback

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:S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted critical tweets from Tesla CEO Elon Musk on Wednesday. Other contributing factors

:S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted critical tweets from Tesla CEO Elon Musk on Wednesday.

Even though Tesla is contributing to reducing emissions with its electric cars, Dorn said, its issues and lack of disclosures relative to industry peers should raise concerns for investors looking to judge the company across environmental, social and governance criteria.

 

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