Get Elon Musk’s money out of politics—for good.
Many Americans’ interaction with the stock market is limited to retirement investing with our savings bundled into mutual and exchange-traded funds (EFTs) that contain Tesla stock.
Small investors need better financial options
We want to access the robust S&P 500 index without exposure to Tesla.
Young investors especially are flocking to exchange-traded funds in record numbers, hungry for smart options that work for their future, while investors close to retirement are struggling to square their investments with their values.
There are three companies that manage millions of ordinary people’s capital, channeled through mutual funds and exchange-traded funds, often via default retirement-plan options.
- Vanguard
- BlackRock
- State Street Corporation
These three are among the world’s largest asset managers, and play a significant role in shaping global finances.They control a combined 17.3% of Tesla stock.
When our retirement savings include investments in Tesla, we fortify the foundation of Elon Musk’s borrowing power and political influence.
- In the 2024 campaign cycle, the Tesla chief executive was the largest individual political donor, giving more than $291 million to Donald Trump and other Republican candidates.
- In turn, Trump ceded power over America’s executive branch to an unelected billionaire.
Our government shouldn’t be Musk’s next corporate acquisition.
DIVEST FROM TESLA