Summary
Dutch pension fund Stichting Pensioenfonds ABP sold its $585 million Tesla stake over concerns about Elon Musk’s “controversial and exceptionally high” pay package and unspecified labor conditions.
ABP previously voted against Musk’s performance-based compensation, which has faced shareholder lawsuits and judicial scrutiny.
A Delaware judge recently invalidated the pay package, citing insufficient shareholder approval.
While Tesla’s Model Y remains popular in the Netherlands, European sales fell 15% in 2024.
ABP stated the divestment was not politically motivated despite Musk’s ties to the Trump administration.
I’m saying mentioning ketamine is useless and its impact on Musk is meaningless. The amounts he’s taking are either too small to be mentioned, or not high enough to drop that stupid nazi perspective.
I think ketamine is an absolutely amazing substance with a lot of positive psychological effects, but mentioning it when talking about Muskyboi and Nazis is useless. It doesn’t change the man. He just likes to do it, who cares?
Have you tried taking ketamine well be the richest person on the planet and thinking you are the smartest?
Oh. I get you know, and I agree. He would be the same racist prick with or without substances.