March 30, 2025
Fund

NY lawmakers push to dump Tesla stock from pension fund as protests grow against Elon Musk


A group of New York lawmakers wants the state pension fund to sell off its large stake in Tesla Inc., the electric vehicle manufacturer controlled by billionaire Elon Musk.

The lawmakers, citing concerns about Musk and Tesla’s plummeting stock price, asked state Comptroller Thomas DiNapoli to begin divesting the stock immediately.

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