Summary
- Lehigh County’s pension board voted to halt new Tesla stock purchases over Elon Musk.
- Tesla’s revenue and shares have significantly declined, drawing widespread shareholder concerns.
- Global pension funds, including some in the Netherlands and Denmark, are divesting from Tesla.
I keep asking for anyone, anyone to give me a reason this company is valued at like 900B.
Every answer is like “well, if you believe Musk that…” and my friend, I do not believe Musk after all these years and all this. <gestures at everything>