A Dutch pension fund sold its entire stake in Tesla, reportedly worth $585 million
A Dutch pension fund sold its stake in Tesla because it disapproved of Elon Musk's pay package and the company's working conditions, a report says.
Tesla Stock Sold By Europe's Largest Pension Fund In Q3: 'We Had A Problem' With Musk Pay
Europe's largest pension fund sold out of its stake in electric vehicle company Tesla Inc (NASDAQ:TSLA) during the third quarter, missing out on future gains and all-time highs hit after the 2024 election.
Europe’s Largest Pension Fund Sells Tesla Stake Over Elon Musk’s Controversial Pay Package
Europe’s largest pension fund, Stichting Pensioenfonds ABP, has made headlines recently for selling its entire stake in Tesla Inc. The decision to divest, valued at approximately $585 million, was primarily influenced by concerns over CEO Elon Musk’s controversial pay package and the company’s working conditions.
European pensioners hated Tesla because of «too much» payments to Elon Musk and started selling shares
The largest pension fund in Europe, having sold its stake in Tesla for over 571 million euros, disagrees with the overly large compensation package fo
Europe's largest pension fund sold Tesla stake over Elon Musk's pay
Musk’s record-setting Tesla pay package was struck down once again by a Delaware judge even after shareholders backed the amounts and Musk asked her to reconsider.
Why one of Europe's largest pensions sold its entire $585 million stake in Tesla
A Dutch pension fund sold its entire stake in Tesla over disapproval of CEO Elon Musk's pay package and working conditions at the company.
Europe's Largest Pension Fund Sells Europe's Largest Pension Fund Sells $585 Mn Stake Over Elon Musk's Remuneration - Details
Partly due to disagreement on Elon Musk's remuneration package, Europe’s largest pension fund sold its entire €571 million ($585 million) stake in Tesla Inc. in the third quarter.Musk's Pay Package : Spokesperson Issues Statement“We had a problem” with Musk’s pay package,
'We Had A Problem...' Europe’s Largest Pension Fund Divests €571 Million Over Elon Musk's Salary
Stichting Pensioenfonds ABP, Europe’s largest pension fund, has sold its entire €571 million ($585 million) stake in Tesla Inc. in the third quarter of 2024.A spokesperson for ABP revealed that the decision was partly due to disagreements with Elon Musk’s remuneration package.
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ABP orders fiduciary manager APG to shed all other clients
For pension administration, APG will continue to work for other pension funds, in order to benefit from economies of scale.
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Koninklijke KPN and ABP create a new mobile operator in the Netherlands
Dutch Koninklijke KPN and Stichting Pensioenfonds ABP have signed an agreement to establish TowerCo in the Netherlands. This is reported in the Koninklijke press release. The partnership is in line ...