Group of NY state senators asking comptroller to begin divesting state pension fund from Tesla
The letter noted Tesla’s volatile stock performance may pose an “increasingly perilous and financially unsustainable risk” to the pension fund.
The letter noted Tesla’s volatile stock performance may pose an “increasingly perilous and financially unsustainable risk” to the pension fund.
The
$274.6bn pension plan has made 15 new allocations worth $4.6bn in September to
alternative investments
Pension
fund invests in two of the infrastructure firm’s funds; deploys $1B in total to
eight funds in July.