Tesla CEO Elon Musk appears to be mocking a decision by a so-called sustainability index to drop his innovative electric car company from its listings.
Taking it a step further, Musk described the compilation of supposed environmentally friendly companies as “a scam” that is “weaponized by phony social justice warriors.”
The quirky and visionary tech entrepreneur, who is in the middle of a purchase of Twitter in the name of free speech and often finds the time to keep up with his mentions on the platform, agreed with an investment advisor and economist that the outcome is “ridiculous.”
The decision serves as another example of what he described as “wacktivism.”
“What I love most about wacktivists is their incredible sense of humor,” Musk added as part of an early morning thread in a tweet to his nearly 94 million followers.
Forget the guy on the iconic Dos Equis commercials: Musk may, in real life, be the most interesting man in the world. He is apparently the richest.
A clear case of wacktivism
— Elon Musk (@elonmusk) May 19, 2022
What I love most about wacktivists is their incredible sense of humor 👼
— Elon Musk (@elonmusk) May 19, 2022
Tesla, said to be the world’s largest electric car manufacturer, was apparently removed from the S&P 500 ESG Index several weeks ago in a “rebalancing” of the listings, but the move is just coming to light. ESG stands for environmental, social, and governance standards.
In a blog post, the index provided its reasoning for disqualifying Tesla, in part, over factors such as “two separate events centered around claims of racial discrimination and poor working conditions at Tesla’s Fremont factory, as well as its handling of the [National Highway Traffic Safety Administration] investigation after multiple deaths and injuries were linked to its autopilot vehicles. Both of these events had a negative impact on the company’s S&P DJI ESG Score at the criteria level, and subsequently its overall score.”
In what sounds like something perhaps along the lines of what have you done for me lately, the post added that “While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens.”
The index also suggested that flaws exist in the company’s “low carbon strategy” and its business conduct.
Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn’t make the list!
ESG is a scam. It has been weaponized by phony social justice warriors.
— Elon Musk (@elonmusk) May 18, 2022
The index noted that Tesla could be reinstated in future years after further review.
In October 2021, Tesla was previously ordered to pay $137 million in damages to a former black employee who sued for alleged racial discrimination.
Ever since announcing the $44 billion Twitter takeover bid, which is on hold over an examination of bot accounts, and a potential acquisition which outraged the left-wing, pro-censorship cohort, Musk and his business operations have also come under scrutiny from various regulatory agencies. Whether the legal system is also being weaponized against him is a matter of speculation.
Earlier this month, Musk expressed the opinion that Twitter has “a strong left-wing bias.”
Elon Musk slapped with SEC probe over late disclosure of Twitter stake: report via @BIZPACReview – https://t.co/jzUr8rvVGG
— Bo Snerdley (@BoSnerdley) May 13, 2022
“Tesla remains on the regular S&P 500 index, which measures the largest companies in the US by market capitalization….The de-listing is the latest blow to Tesla. The company’s stock has fallen by nearly 29 percent in the past month, after Musk announced plans to buy Twitter,” the Daily Mail reported.
Musk, a political independent, has announced that he is voting Republican for the first time.
“In the past I voted Democrat, because they were (mostly) the kindness party. But they have become the party of division & hate, so I can no longer support them and will vote Republican. Now, watch their dirty tricks campaign against me unfold,” he predicted. In April, he accused the Democrat Party of being hijacked by extremists.
In the past I voted Democrat, because they were (mostly) the kindness party.
But they have become the party of division & hate, so I can no longer support them and will vote Republican.
Now, watch their dirty tricks campaign against me unfold … 🍿
— Elon Musk (@elonmusk) May 18, 2022
Get the latest BPR news delivered free to your inbox daily. SIGN UP HERE
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
[email protected]
Robert Jonathan is a staff writer for BizPac Review. He is a longtime writer/editor for news aggregation websites and has also developed content in the legal and financial publishing sectors as well as for online education. He earned a Juris Doctorate from the University of Connecticut School of Law, “a law school the basketball teams can be proud of.”
- ‘Petty heffa’: The View’s Ana Navarro skewered for cracking on Marjorie Taylor Greene’s appearance - December 4, 2022
- Women’s college volleyball game features incredible rally complete with diving, table-crashing safe - December 4, 2022
- Wild brawl breaks out at Fitness Connection gym, takes deciding turn when woman enters picture - December 4, 2022
Comment
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.
