A U.S. pension fund voted for the first time to block new investments in Tesla: "Musk has ruined this brand"
A U.S. pension fund has taken measures to suspend purchases of Tesla stock due to the risks posed by the company's CEO Elon Musk and its lagging financial performance. Mark Pinsley, the auditor of Lehigh County, Pennsylvania, stated that the fiduciary oversight responsibilities of the pension fund committee require them to clearly understand the risks of further investing retirees' assets in Tesla in the absence of more information
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