Major pension fund sells Tesla shares over risk concerns

Major pension fund sells Tesla shares over risk concerns
Major pension fund sells Tesla shares over risk concerns

Europe's largest pension fund, Stichting Pensioenfonds ABP, has decided to sell $585 million worth of Tesla shares.

 The primary reason for this move was dissatisfaction with the terms of Elon Musk's compensation package.

In June 2024, the fund voted against the compensation package proposed by Musk, deeming it “disputed and excessively high” (disputed and excessively high).

Comments

No comments yet. Be the first!

Leave a comment

Links are not allowed in comments. The editors may remove comments without explanation.
Back to top ↑