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 Pension fund investors demand Elon Musk work 40-hour week at Tesla
05/28/25 06:24 PM
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Pension fund investors demand Elon Musk work 40-hour week at Tesla
Shareholders say EV maker is in ‘crisis’ and call for succession planning
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https://www.ft.com/content/6b528d41-7b0b-43d5-8eac-8bba4c9dcb96?fbclid=IwY2xjawKklfVleHRuA2FlbQIxMQBicmlkETFScnlEaFNaR2doclFTdjY1AR5FxQynEYlomhAgMDZkQxqQe23OdyNoIP7Y9McywmAWtV7x1ObpwJIdrwiBdw_aem_2K7Z_GdpBiPU1JEYjOEeiA
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
A group of large pension funds has demanded that Elon Musk commit to work at least 40 hours a week at Tesla, calling for corporate governance reforms to address a “crisis” at the carmaker.
The letter sent to Tesla chair Robyn Denholm on Wednesday was signed by 12 long-term institutional investors including the New York City Comptroller, the American Federation of Teachers, as well as European funds such as Denmark’s AkademikerPension. Together they manage about $950bn in assets….
https://www.ft.com/content/6b528d41-7b0b-43d5-8eac-8bba4c9dcb96?fbclid=IwY2xjawKklfVleHRuA2FlbQIxMQBicmlkETFScnlEaFNaR2doclFTdjY1AR5FxQynEYlomhAgMDZkQxqQe23OdyNoIP7Y9McywmAWtV7x1ObpwJIdrwiBdw_aem_2K7Z_GdpBiPU1JEYjOEeiA
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