Lehigh County Pension Board Halts New Investments in Tesla Amid Declining Performance
Lehigh County pension board stops new investments in Tesla following CEO Elon Musk's political involvement and declining performance. Stock trading at $354.11. Impact on Tesla's reputation and investor sentiment.
This news matters as it highlights the growing pressure on Tesla from investors and institutions due to concerns about the company's financial performance and leadership. The decision by the pension board could influence other investors to reconsider their positions in Tesla, potentially impacting the company's stock price and overall reputation in the market.
