Europe’s largest pension fund has sold its entire stake in Tesla worth 571 million euros. The reason was Elon Musk’s record remuneration.
“We had problems with Musk’s remuneration package,” a representative of the Dutch pension fund Stichting Pensioenfonds ABP said in an interview with Bloomberg. In addition, the fund took into account costs, returns and responsible investment requirements. Another reason for abandoning Tesla shares was unsatisfactory working conditions in the company.
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Source: www.dv.ee
