Elon Musk has made many statements on the issue of religious and racial division. Regarding this, investors of electric car company Tesla simultaneously criticized Elon Musk for being disgusting and affecting business.
According to the Wall Street Journal, Tesla investors are protesting against Elon Musk for supporting a conspiracy theory that Jews stir up hatred against white people. Elon Musk deleted the post later.
The New York City Pension Fund – which holds $946 million in Tesla shares – sent a letter to Robyn Denholm – Chairman of Tesla – asking the board of directors to take responsibility for Elon Musk’s words, ensuring this does not affect affect business.
“We are deeply concerned that his hateful comments on thought Musk’s comments were disgusting.
Elon Musk’s statement angered many investors.
Brad Lander is concerned that Elon Musk’s failure to control speech and negative comments on social networks is damaging the electric car company’s culture. If the council doesn’t resolve it, Tesla employees think nothing will sway CEO Elon Musk.
Nia Impact Capital – the unit that holds $296,000 in Tesla shares – said they were frightened by Elon Musk’s post. The investment fund asked the board of directors to quickly handle the crisis, which they believe is a violation of business ethics rules.
After Elon Musk’s statement, the White House stated its stance against religious and racial exclusion. “We condemn anti-Semitism and racism, which go against core American values,” White House spokesman Andrew Bates said.
After being criticized, Elon Musk affirmed that he is not anti-Semitic and criticized the media’s reporting. “I only wish good things, happiness for humanity, a prosperous future,” the billionaire posted on his personal page.
According to WSJ, Elon Musk’s noise makes Tesla face difficulties, while demand for cars decreases, many new names appear in the electric car market. Just one day after Elon Musk spoke controversially, the electric car company’s shares fell by 3.8%, gradually recovering after the board of directors resolved.
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