ESG Index snubs Tesla Inc. in an eyebrow-raising move

Marketing ApproachHigh Tech / High Touch
Written By Jennifer Joslyn

Investors are showing a little bit of confusion after the industry benchmark index, ESG - environmental, social, and governance - removed them from the list.

The ESG Index strategy, typically known to favor industries professedly attentive to sustainability concerns, claims they decided to remove the electric vehicle manufacturer from the S&P 500 ESG Index over “safety and labor concerns” at the company.

Read more from Supply Chain Brain ▶

You also might like...
Hertz's Tesla Bet Is A Cautionary Tale
Hertz's Tesla Bet Is A Cautionary Tale

A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.

Read More →
United Airlines' Rube Goldberg Safety Video Is A Creative Challenge
United Airlines' Rube Goldberg Safety Video Is A Creative Challenge

On a busy soundstage, the cast and crew are relying on a small blue ball to work its magic.

Read More →
Tesla Rehires Supercharging Team After Initial Layoffs
Tesla Rehires Supercharging Team After Initial Layoffs

Tesla Inc. is making headlines again, this time for rehiring members of its Supercharging team, including key manager Max de Zegher, following a surprising round of layoffs initiated by CEO Elon Musk last month.

Read More →
Target Scales Back Pride Collection After Conservative Backlash
Target Scales Back Pride Collection After Conservative Backlash

In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.

Read More →
TikTok Takes the Feds to Court Over Security vs. Free Speech
TikTok Takes the Feds to Court Over Security vs. Free Speech

TikTok has filed a lawsuit challenging a new federal law that could force its Chinese parent company, ByteDance, to sell the app or face a ban in the U.S.

Read More →
NHTSA Concludes Tesla Autopilot Safety Probe and Initiates New Investigation
NHTSA Concludes Tesla Autopilot Safety Probe and Initiates New Investigation

The National Highway Traffic Safety Administration (NHTSA) recently wrapped up an extensive probe into Tesla’s Autopilot system that started back in 2021.

Read More →
TikTok's Future in the U.S Is On Rocky Ground in the Wake of Biden's Security Legislation
TikTok's Future in the U.S Is On Rocky Ground in the Wake of Biden's Security Legislation

President Joe Biden recently signed a $95 billion national security package that includes a provision potentially banning TikTok, but with a critical timeline extension.

Read More →
Tesla Faces Turbulence With Slowing EV Demand and Market Pressures
Tesla Faces Turbulence With Slowing EV Demand and Market Pressures

Tesla's shares are struggling, down 28% this year, while the S&P 500 Index gained 10%.

Read More →
The Rising Movement of De-Influencing Which Challenges Consumerism
The Rising Movement of De-Influencing Which Challenges Consumerism

Diana Wiebe, like many of us, found herself deep in the world of social media during the pandemic, getting swayed by influencers on Instagram and TikTok to buy all sorts of products, especially skincare.

Read More →
The Rise of Bowlus Travel Trailers in a Changing RV Landscape
The Rise of Bowlus Travel Trailers in a Changing RV Landscape

The U.S. recreational vehicle scene is typically dominated by massive, boxy models hailing from Elkhart, Indiana.

Read More →
TikTok Users Fighting to #KeepTikTok Amidst Threat of Ban
TikTok Users Fighting to #KeepTikTok Amidst Threat of Ban

Thousands of TikTok users are rallying to prevent a potential ban on the app, which faces pressure from legislation forcing its parent company, ByteDance, to divest or risk being removed from U.S. app stores.

Read More →
Take a Peek Inside Vietnam's Click Farms with Jack Latham
Take a Peek Inside Vietnam's Click Farms with Jack Latham

Jack Latham embarked on a unique mission to capture the inner workings of "click farms" in Vietnam, where businesses artificially inflate online engagement to manipulate algorithms and perceptions.

Read More →
Burger King's Gives Witty Response to Wendy's Dynamic Pricing Backlash
Burger King's Gives Witty Response to Wendy's Dynamic Pricing Backlash

Burger King cleverly responded to Wendy’s plan for “dynamic pricing” with a twist. Wendy’s initially announced a strategy similar to Uber's surge pricing, raising prices based on demand.

Read More →
Supreme Court Faces Social Media Regulation Debate
Supreme Court Faces Social Media Regulation Debate

The US Supreme Court is tackling two crucial cases that could reshape social media's landscape.

Read More →
China's Satirical Shift is Navigating Economic Realities and State Narratives
China's Satirical Shift is Navigating Economic Realities and State Narratives

The rise of dark satire in China's online realm sheds light on a growing phenomenon.

Read More →
Walmart Acquiring Vizio to Boost Advertising Business
Walmart Acquiring Vizio to Boost Advertising Business

Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.

Read More →
Boeing Faces Delivery Decline Amid Safety Concerns
Boeing Faces Delivery Decline Amid Safety Concerns

In January, Boeing saw a decline in aircraft orders and deliveries following a midflight incident involving a fuselage panel on one of its 737 Max 9s.

Read More →
Lessons Can Be Learned from Tesla's Success and Arrival's Demise
Lessons Can Be Learned from Tesla's Success and Arrival's Demise

Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.

Read More →
Building Trust and Engagement in the 21st Century Marketing Landscape
Building Trust and Engagement in the 21st Century Marketing Landscape

In the ever-evolving landscape of marketing, defining branded content has been a challenge, primarily due to the industry's constant changes.

Read More →
Elon Musk's Ire and the Tesla Factory Robot Incident: A Cautionary Tale
Elon Musk's Ire and the Tesla Factory Robot Incident: A Cautionary Tale

Elon Musk is not too thrilled about a recent report that indirectly hinted at one of his beloved robots being involved in an incident at Tesla's Austin, Texas factory two years back

Read More →
Global Outage Disrupts Social Media Platform X, Affecting Thousands of Users Worldwide
Global Outage Disrupts Social Media Platform X, Affecting Thousands of Users Worldwide

Social media platform X, formerly known as Twitter, experienced a global outage affecting over 77,000 U.S. users at its peak.

Read More →
Tesla's Response to 2-Million-Vehicle Autopilot 'Recall' Sparks Debate on Autonomous Driving Safety
Tesla's Response to 2-Million-Vehicle Autopilot 'Recall' Sparks Debate on Autonomous Driving Safety

Tesla addressed a 2-million-vehicle Autopilot "recall" by releasing software version 2023.44.30 as a free over-the-air update to affected vehicles, enhancing safety alerts.

Read More →
Tesla Raises Wages for Hourly Workers Amidst Unionization Pressures
Tesla Raises Wages for Hourly Workers Amidst Unionization Pressures

Tesla is increasing wages for hourly employees at its Sparks, Nevada, battery factory, with low-end hourly wages rising from $20 to $22 (a 10% increase) and high-end wages increasing from $30.65 to $34.50 (a 12.5% increase).

Read More →
Tesla Recalls 2 Million U.S. Vehicles to Enhance Autopilot Safety Features Amidst Criticisms
Tesla Recalls 2 Million U.S. Vehicles to Enhance Autopilot Safety Features Amidst Criticisms

Tesla is recalling over 2 million vehicles in the U.S. to update software and address a defective system designed to ensure driver attention while using Autopilot.

Read More →
German Union IG Metall Rejects IF Metall's Strike Call Against Tesla Sweden as Illegal
German Union IG Metall Rejects IF Metall's Strike Call Against Tesla Sweden as Illegal

German trade union IG Metall has rejected Swedish union IF Metall's call for a strike against Tesla Sweden, deeming it illegal.

Read More →
Norwegian Union Joins Nordic Movement in Blocking Tesla Shipments Amid Labor Dispute
Norwegian Union Joins Nordic Movement in Blocking Tesla Shipments Amid Labor Dispute

Norwegian labor union Fellesforbundet will block Tesla car shipments to Sweden starting December 20, in support of striking Swedish mechanics' demand for collective bargaining agreements.

Read More →
Tesla, GM, and Others Join Forces to Track Global Greenhouse Gas Emissions with Climate TRACE Database
Tesla, GM, and Others Join Forces to Track Global Greenhouse Gas Emissions with Climate TRACE Database

Tesla, GM, and other companies will use the Climate TRACE database from Al Gore's climate coalition, utilizing satellites and machine learning to monitor global greenhouse gas emissions.

Read More →
Tesla Cybertruck's Battery Size Revealed
Tesla Cybertruck's Battery Size Revealed

A Tesla manager at the San Diego showroom confirmed that the Cybertruck has a 123KWh battery pack, supporting previous leaks suggesting a 267-mile range.

Read More →
Tesla Generates Excitement for Cybertruck Delivery Event with Public Display and Improved Build Quality
Tesla Generates Excitement for Cybertruck Delivery Event with Public Display and Improved Build Quality

Tesla is building anticipation for its upcoming Cybertruck Delivery Event by showcasing the unconventional electric pickup truck.

Read More →
President Xi Jinping Dines with Top U.S. CEOs Amid Criticism and Controversy
President Xi Jinping Dines with Top U.S. CEOs Amid Criticism and Controversy

China's President Xi Jinping attended a dinner in San Francisco with prominent American CEOs, including Tim Cook of Apple, Elon Musk of Tesla, and Larry Fink of BlackRock, among others.

Read More →
Jennifer Joslyn
Previous

NRF CEO appeals to Biden via letter, need for tariff relief
Next

Tulsa, Oklahoma city fleet defeats ransomware attack