A county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks
A county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks
www.businessinsider.com /pennsylvania-pension-fund-halts-new-tesla-investments-2025-5
Summary
- Lehigh County's pension board voted to halt new Tesla stock purchases over Elon Musk.
- Tesla's revenue and shares have significantly declined, drawing widespread shareholder concerns.
- Global pension funds, including some in the Netherlands and Denmark, are divesting from Tesla.