Tesla is positioning itself as ‘the key stock in everyone’s ESG portfolio,’ analyst says

Tesla is positioning itself as ‘the key stock in everyone’s ESG portfolio,’ analyst says

It would make sense that the growth of environmental, social, and corporate governance (ESG) funds would benefit an EV automaker like Tesla (TSLA). But why isn’t its stock getting an even bigger lift from ESG asset managers?

Short answer: Not everyone in the business of socially responsible investments is convinced that Tesla, and its controversial founder and CEO, Elon Musk, is a pure play in the ESG world.

To be sure, Tesla and its stock has made a lot of headway.

“What they’re doing is…


Source link

About search

Check Also

Stock market today: Dow touches 40,000 as stocks hover at record highs – Yahoo Finance

Stock market today: Dow touches 40,000 as stocks hover at record highs – Yahoo Finance

[unable to retrieve full-text content]Stock market today: Dow touches 40,000 as stocks hover at record …

Leave a Reply

Your email address will not be published. Required fields are marked *