ESG & Investing
Musk Endorsement of Antisemitic Post Draws Shareholder Criticism
- Some investors say it’s time for board to take action
- Musk has history of not standing up against hate speech
Elon Musk.
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
Several Tesla Inc. shareholders rebuked Chief Executive Officer Elon Musk for endorsing antisemitic views on his social media platform X, with some saying he should be suspended.
“While I believe in free speech, there’s no excuse for the spreading of hatred by any CEO of any publicly traded company,” said Jerry Braakman, chief investment officer at First American Trust, which held about 16,000 Tesla shares as of Sept. 30. “Tesla’s board should place him on leave for a month or two.”