Written by Dana Corridor
A Tesla investor mentioned she was “appalled” by Elon Musk’s submit on X approving anti-Semitic views.
“The affect of the CEO’s false, racist, and anti-Semitic rhetoric instantly impacts Tesla’s model and backside line in vital methods,” Christine Corridor, founder and CEO of Nia Impression Capital, mentioned in an e mail Thursday. “This conduct has the potential to tarnish the model in the long run.”
Nia is a social affect fund that owned about $282,200 price of inventory within the electrical automaker as of June 30, in accordance with information compiled by Bloomberg.
Hull mentioned the dearth of “critical punitive motion” from Tesla’s board of administrators can be regarding as a result of Musk’s conduct violates the corporate’s enterprise ethics code. Nia Impression Capital means that an acceptable response to Musk’s actions might embrace “censure by the board, demotion, reassignment, suspension, or elimination.”
On Wednesday, Musk endorsed an anti-Semitic submit on X, the social media web site he owns, that attacked members of the Jewish neighborhood for pushing “controversial hatred” towards white folks.
Musk, the richest individual on the planet with a internet price of about $218 billion, has been repeatedly criticized for selling content material attacking Jewish folks at a time when anti-Semitism is on the rise.
First printed: November 17, 2023 | 7:03 AM he
(Tags for translation) Elon Musk