Tag: Teslas

Tesla’s Sustainability Reputation Will Be Challenged With Shareholder Proposals

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Tesla solar roof home

Courtesy of Tesla


(TSLA) sustainable reputation ordinarily isn’t in question, but shareholder proposals at its Sept. 20 annual meeting are challenging the electric vehicle manufacturer’s employee arbitration policy and its human rights guidelines, demonstrating the complexity of being a sustainable company.

Tesla, the world’s largest electric vehicle manufacturer, epitomizes the revolution to combat climate change by turning away from fossil fuels. It says its mission is to “accelerate the world’s transition to sustainable energy.”

The world is coming around to this way of thinking. As wildfires devastated the West Coast, the Business Roundtable, a powerful emblem of corporate America, announced it would support broad-based measures to slash greenhouse gas (GHG) emissions. This month, the Commodity Futures Trading Commission, which regulates the U.S. derivatives markets, said climate change “poses a major risk to the stability of the U.S. financial system and to its

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Tesla’s stock price is the ‘biggest houses of cards’ that is ‘getting ready to fold’ an investment research CEO warns

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  • Tesla’s stock is overvalued, David Trainer the CEO of New Constructs told CNBC’s “Trading Nation” Monday. 
  • He said: “We think this is a big, big – one of the biggest of all time – houses of cards that’s getting ready to fold.”
  • Tesla’s stock price is up by nearly 800% in the last year alone. 
  • It was a volatile week for Tesla last week due to a number of events, including a broader tech-sell off, and its biggest shareholder trimming their stake. 
  • Visit Business Insider’s homepage for more stories.

Tesla’s explosive share-price growth has made the luxury electric vehicle maker one of the hottest tech stories of the year, but its stock levels are “houses of cards” waiting to “fold”, one Wall Street strategist says. 

This is according to David Trainer, the CEO of investment research firm New Constructs. 

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