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 was under the impression that the lesson of job was that families are fungible assets
That…wasn’t a lesson that needed to be taught. Back then you could buy a family for 50 goats. 20 if she had hit puberty.
The “point” of Job was to tackle the problem of evil. There-presumably- a rash of Bronze Age peeps asking “if god is good and unfaithful, why does bad shit happen to me” that needed addressing.
It does it through a sock-puppet story every bit as cringeworthy as the God’s Not Dead series. (Can you believe they made 5 movies?!), of which the final explanation, when Job demands one, is “who the fuck are you to question me?! You wouldn’t fucking understand, because I’m so fucking great”
Basically, god massively gaslights the shit out of job and, in typical sock puppet fashion licks the jackboot of the guy who killed off his family, his livelyhood and wellbeing.