Tesla, Elon Musk and New York City
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Mr. Lander, in an interview, said that Tesla had emphasized the importance of Mr. Musk’s involvement to the electric car maker’s success, but had falsely represented that he spends “significant time ...
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Hundreds of people gathered at a rally in New York City to protest continued budget cuts proposed by DOGE affecting thousands of Americans.
Billionaire Tesla CEO Elon Musk has drawn the ire of Democrats due to his role in the Trump administration‘s efforts to cut waste in the federal government, with some New York lawmakers targeting his company with a new piece of legislation.
The NYPD's Hate Crime Task Force is investigating an incident where two individuals carved a swastika on a Tesla in Brooklyn.
An Upstate New York lawmaker is proposing legislation that would end Tesla's in-person sales operations in New York. Demonstrators are arrested by NYPD officers during a protest against Elon Musk and Tesla outside a Tesla showroom, Saturday, March 1, 2025 in New York. (Adam Gray | AP Photo) Adam Gray | AP Photo
Those shareholders include the five New York City pension funds, for which Lander is custodian. Their aggregate value of Tesla common stock fell to $831 million on March 28 vs. $1.3 billion on Dec. 31. Total pension system assets are $284.3 billion.
A draft of the state’s new Tesla contract would extend the lease for Elon Musk’s electric carmaker by another five years.
New York legislators scrutinize Tesla's factory performance and consider laws impacting its sales and state contracts.
The investment advisor to the city's five pension funds, which have collectively lost more than $300 million amid the stock's 40% plunge, is calling for legal action.
1don MSN
The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.