The S&P says it kicked Tesla off its ESG index due to the company's 'lack of a low-carbon strategy' and 'codes of business conduct,' along with racism and poor working conditions reported at its factory in Fremont.
Meanwhile, California's Department of Fair Employment and Housing sued Tesla over anti-Black harassment and discrimination in its Fremont car plant The agency says it found evidence that Tesla routinely kept Black workers in low-level roles at the company, gave them more physically demanding and dangerous assignments, and retaliated against them when they complained about racist slurs.said Tesla had engaged in unfair labor practices, as well.
Tesla CEO Elon Musk griped about the index on Wednesday morning on Twitter, where he boasts more than 90 million followers, saying S&P Global Ratings has"lost their integrity."
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