Stock Groups

Tesla removed from S&P 500 ESG index on autopilot, discrimination concerns -Breaking

[ad_1]

© Reuters. FILEPHOTO: A dealership in London is displaying the logo for Tesla, a car maker, on May 14, 2021. REUTERS/Matthew Childs/File photo/File photo

BOSTON (Reuters) – S&P Dow Jones Indices has removed electric carmaker Tesla (NASDAQ:) Inc from its widely-followed ESG Index, citing issues including racial discrimination claims against the company and its handling of a government investigation after crashes linked to its autopilot vehicles.

A spokesperson for the index provider sent a May 17 blog posting, which outlined the changes that became effective May 2.

[ad_2]