Organization cites issues including racial discrimination claims and crashes linked to its autopilot vehicles
S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted critical tweets from Tesla CEO Elon Musk on Wednesday.
Even though Tesla is contributing to reducing emissions with its electric cars, Dorn said, its issues and lack of disclosures relative to industry peers should raise concerns for investors looking to judge the company across environmental, social and governance criteria.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla cars, Bluetooth locks, vulnerable to hackers, researchers findDigital locks, including on Tesla cars, can be unlocked by hackers exposing a vulnerability in Bluetooth technology, a cybersecurity firm has found
Read more »
Elon Musk's China ties add potential risks to Twitter purchaseElon Musk's ties to China through his role as electric car brand Tesla's biggest shareholder could add complexity to his bid to buy Twitter.
Read more »
Indigenous action plans lack prominence in corporate ESG effortsESG standards - setting, evaluation or the maintenance - fail to include Indigenous representation
Read more »
David Rosenberg: Don't see a recession bear market? Here, try these glasses onThe S\u0026amp\u003BP 500, historically, has gone down 30 per cent in recession bear markets
Read more »
David Rosenberg: Don't see a recession bear market? Here, try these glasses onThe S\u0026amp\u003BP 500, historically, has gone down 30 per cent in recession bear markets
Read more »
Twitter CEO defends company’s count of spam accounts after Musk criticismCEO Parag Agrawal exchanges comments with Elon Musk over spam accounts
Read more »