Danish Pension Fund Akademikerpension sold all Tesline stocks in their portfolio after putting the car brand of car on the blacklist.
The decision is justified by a series of factors regarding the actions of Elon Men as the Executive Director of Tesla. The Pension Fund emphasizes three main reasons for the sale: Political statements of Elon Men, vague corporate governance and lack of respect for employees to be organized into unions.
AkademikerPension, one of the largest Danish pension funds has previously held Tesline stocks as a significant part of their portfolio, and now the last section has been sold and the last share of Rs.
The decision of the academicerpension comes at the same time when Tesla experienced a significant decline in the share price.
From the climax, the market capitalization fell by almost 50 percent. This created uncertainty on the capital market, at least when the Tesline stocks are in question.
It is still too early to say whether the sale of Tesla shares by academicerpension will affect that similar pension funds follow that example.
(Vijesti.ba)
