From Teslatakedown:
On Tuesday, Lehigh County, Pennsylvania became the first US pension fund to pull the plug on Tesla!
This is a huge win for #TeslaTakedown activists who used our divestment strategy to push for this victory.
Divestment campaigns are springing up from Orlando to Seattle. Want to join one in your community? Fill out this quick form to let us know!
| Divestment campaigns are springing up from Orlando to Seattle. Want to join one in your community? Fill out this quick form to let us know! Join a Local Divestment Campaign! |
Whether you’re ready to join a local divestment effort or not, you can make a big difference by sharing the story. Repost on Bluesky
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Share the coverage from Yahoo Finance on your social networksLehigh’s pension board manages a $500 million portfolio.
The 4-2 vote means the fund will no longer invest directly in Tesla, and requires the county’s investment manager to develop a plan for full divestment.This is a big deal, and it’s proof our divestment strategy can create real problems for Musk.
It also opens the door for other pension funds and public agencies to review their own investments in Musk’s companies.
Musk’s assault on our democracy will hit city, county and state budgets like a wrecking ball.
Our local governments shouldn’t be propping him up by investing in and contracting with his businesses. If you’re ready to help your local government quit Musk, let us know by filling out this quick form!
Want to learn more before getting involved in divestment efforts? Check out the divestment page on our website or watch the launch video.
While showroom protests continue to push Tesla’s profits into the ground, local divestment campaigns are a powerful way to make Musk pay a price for messing with our democracy. We hope you’ll join an effort in your community.In solidarity,
-The #TeslaTakedown Team
