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

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.

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