And just like that, Tesla was delisted from the S&P500. He did call it. Now let’s see what Elon does to the SEC…
(media.greatawakening.win)
😷 DEM PANIC 💉
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Tesla is not delisted from the official S&P 500, but a separate list by S&P that categorizes companies that are "ESG" (Environmental, Social, and Governance) complaint. This is a way for corporate lenders and bond sellers to rate companies on their compliance to the Paris Accord or pay higher corporate lending rates.
It's like a social credit score for public companies. By being delisted (which is bullshit by the way) he doesn't get favorable borrowing terms which impact his bottom line.
Yeah, title wasn't accurate.
Sounds like a badge of honor to get ejected from that list.
My company is spending way to much time trying to comply with DIE initiatives and environmental wokism. We should just ignore that shit and make money.