ARK founder Cathie Wood says Tesla removal from S&P ESG is 'ridiculous'
U.S. · BUSINESS · TECH · MEDIA
May 19, 20222 min read459 words
Published: May 19, 2022  |  2 min read459 words
ARK Invest found Cathie Wood called Tesla’s removal from the S&P’s Environment, Social & Governance Index “ridiculous” after the automaker was not included on the list due to “a decline in criteria-level scores” in low-carbon strategies and its “codes of business conduct....
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May 19
It's clear that the author is a supporter of Tesla, which is stated forthrightly for readers with the following disclosure, "Disclosure: Joey Klender is a TSLA Shareholder. He does not invest in ARK’s ETFs." I appreciate this level of straightforwardness, and although the author inputs a bit of his own opinion and analysis on the subject of Tesla's ESG status, I think everything he points out is well documented and supported by evidence.
May 19
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