Summary

Dutch pension fund Stichting Pensioenfonds ABP sold its $585 million Tesla stake over concerns about Elon Musk’s “controversial and exceptionally high” pay package and unspecified labor conditions.

ABP previously voted against Musk’s performance-based compensation, which has faced shareholder lawsuits and judicial scrutiny.

A Delaware judge recently invalidated the pay package, citing insufficient shareholder approval.

While Tesla’s Model Y remains popular in the Netherlands, European sales fell 15% in 2024.

ABP stated the divestment was not politically motivated despite Musk’s ties to the Trump administration.

  • Zink@programming.dev
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    2 days ago

    This seems like a massive and ultimately incorrect generalization.

    Weed doesn’t have to reliably turn the worst murderers in society into community serving pacifists every single time in order to be effective and worthwhile. That’s just perfect being the enemy of good.

    Like another reply said, drugs can change perspective which is how people change themselves. It certainly worked for me with both weed and ketamine (both legally sourced with medical providers involved, and only several times total with the ketamine).

    • Auli@lemmy.ca
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      2 days ago

      The problem is generalizations. I’ve seen people get extremely paranoid on weed. Everyone is different.

      • Zink@programming.dev
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        2 days ago

        Absolutely. Likewise, prescribed medications for mental heath vary by individual and they are essentially trial and error with some educated guessing by your doctor.

    • Corkyskog
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      2 days ago

      It doesn’t change the core being is my point. You can’t take an evil person and make them good with drugs, and you can’t take a good person and make them evil with drugs. They just amplify or shift perspective, but they don’t introduce anything from the outside into the person who uses them.