ABP sells Tesla shares over labor and compensation concerns
1 week ago

ABP sells Tesla shares over labor and compensation concerns

NL Times  

ABP, the largest pension fund in the Netherlands, has sold all its shares in Tesla, citing dissatisfaction with CEO Elon Musk’s 56 billion dollars compensation plan and concerns about labor conditions at the company. In late September, ABP divested its 2.8 million Tesla shares. ABP’s decision was influenced by a contentious executive compensation package for Musk. Despite Tesla’s stock price increasing by more than 50 percent since the sale, ABP expressed no regrets.

History of this topic

Dutch civil service fund ABP ditched Tesla over Musk's money
6 days, 16 hours ago
Bill Ackman defends Elon Musk’s call for $56 billion pay package in Tesla: ‘Taking away compensation is theft’
7 months ago
Group of Tesla shareholders ask investors to vote against Musk’s compensation package
7 months, 3 weeks ago
Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge
9 months ago
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2 years, 2 months ago
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3 years, 2 months ago
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