{"id":1479858,"date":"2022-05-18T16:30:23","date_gmt":"2022-05-18T20:30:23","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1479858"},"modified":"2022-05-18T16:30:25","modified_gmt":"2022-05-18T20:30:25","slug":"elon-musk-fumes-as-tesla-booted-from-sp-social-enviro-index-that-lauds-exxon","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-fumes-as-tesla-booted-from-sp-social-enviro-index-that-lauds-exxon\/","title":{"rendered":"Elon Musk Fumes As Tesla Booted From S&#038;P Social-Enviro Index That Lauds Exxon"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Felon-musk-fumes-as-tesla-booted-from-sp-social-enviro-index-that-lauds-exxon%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1479858&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/dw-wp-production.imgix.net\/2022\/02\/GettyImages-1229892852-e1646075695333.jpg?w=1200&#038;h=800&#038;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p><a href=\"https:\/\/www.dailywire.com\/topic\/elon-musk\">Elon Musk<\/a>\u2018s cars don\u2019t fume, but he sure does.<\/p>\n<p>The <a href=\"https:\/\/www.dailywire.com\/topic\/tesla\">Tesla<\/a> chief blasted Wall Street\u2019s \u201cphony social justice warriors\u201d Wednesday after his electric car company was kicked off a stock index for companies deemed environmentally and socially conscious.<\/p>\n<p>The S&#038;P 500 <a href=\"https:\/\/www.dailywire.com\/news\/esg-the-invisible-fist-of-the-economy\">ESG<\/a> index is part of the \u201cenvironmental, social, and governance\u201d movement among global investors. It dropped Tesla just as\u00a0Musk, increasingly at odds with leftists, declared he intends to vote Republican going forward.<\/p>\n<p>\u201cESG is a scam,\u201d <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1526958110023245829?s=20&#038;t=fBLYW69QQxx2-Cb3FJ26wg\">Musk tweeted<\/a>. \u201cIt has been weaponized by phony social justice warriors.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exxon is rated top ten best in world for environment, social &#038; governance (ESG) by S&#038;P 500, while Tesla didn\u2019t make the list!<\/p>\n<p>ESG is a scam. It has been weaponized by phony social justice warriors.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1526958110023245829?ref_src=twsrc%5Etfw\">May 18, 2022<\/a><\/p>\n<\/blockquote>\n<p>Musk noted that oil giant Exxon is lauded by the <a href=\"https:\/\/www.dailywire.com\/podcasts\/morning-wire\/esg-woke-capitalism\">ESG crowd<\/a>, while his own company claims to be reducing the world\u2019s dependence on fossil fuels.<\/p>\n<p>\u201cExxon is rated top ten best in world for environment, social &#038; governance (ESG) by S&#038;P 500, while Tesla didn\u2019t make the list!\u201d Musk added.<\/p>\n<p>The S&#038;P wrote in a <a href=\"https:\/\/www.indexologyblog.com\/2022\/05\/17\/the-rebalancing-act-of-the-sp-500-esg-index\/\" target=\"_blank\" rel=\"noreferrer noopener\">blog post<\/a>\u00a0the move was made because of complaints about working conditions\u00a0at Tesla\u2019s California factory and the company\u2019s\u00a0inadequate response to an investigation relating to crashes linked to its autopilot feature.<\/p>\n<p>\u201cWhile Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens,\u201d S&#038;P Down Jones ESG chief Margaret Dorn wrote.<\/p>\n<p>Also axed from the list were Warren Buffett\u2019s Berkshire Hathaway, pharmaceutical company Johnson &#038; Johnson and Meta, the company formerly known as Facebook.<\/p>\n<p>Musk might have expected the demotion, after writing earlier this month that ESG grades are unfair.<\/p>\n<p>\u201cStop the outrageous false ESG assessments, where Tesla gets a bad grade, but an oil company can get a good grade,\u201d Musk tweeted. \u201cTotal gaming of the system!\u201d<\/p>\n<p>ESG, championed by investment giant BlackRock\u2019s CEO Larry Fink, seeks to impose woke social and environmental values on the global market by scoring companies based on how compliant they are.<\/p>\n<p>\u201cYou have to force behaviors, and at BlackRock, we\u2019re forcing behaviors,\u201d Fink said in 2017.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#8220;ESG is just a hate factory. It\u2019s a factory for naming enemies, and we should not be allowing them to do that. When you think ESG, you should be thinking Chinese Communist Party.&#8221;\u2013Peter Thiel<\/p>\n<p>\u2014 Marc Andreessen (@pmarca) <a href=\"https:\/\/twitter.com\/pmarca\/status\/1512213405511286784?ref_src=twsrc%5Etfw\">April 7, 2022<\/a><\/p>\n<\/blockquote>\n<p>Dorn offered hope to Musk that his company could get back into the good graces of the social justice index.<\/p>\n<p>\u201cSo, while Tesla and others may not have been included in the index this year, the beauty of the annual rebalance is that they will once again have an opportunity to be reviewed for inclusion in years to come,\u201d she wrote.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2018s cars don\u2019t fume, but he sure does.The Tesla chief blasted Wall Street\u2019s \u201cphony social justice warriors\u201d Wednesday after his electric car company was kicked off a stock index<\/p>\n","protected":false},"author":729,"featured_media":1483608,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1479858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1479858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/729"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1479858"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1479858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1483608"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1479858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1479858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1479858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}