{
Scott Stringer

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new york city pensions face pressure to divest from tesla holdings

Justin Brannan, a Democratic City Council member and comptroller candidate, is pushing for NYC pensions to divest from Tesla, which holds over $1.2 billion in investments. He argues that Elon Musk's actions, including job cuts and funding clawbacks, threaten the city's economy and retirees' financial security. The divestment process is complex, requiring collaboration with pension boards, but experts believe it can be achieved with persistence.
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United States Dollar Tesla, Inc. MSCI SOUTH AFRICA IMI Femasys Inc. USA DNK Justin Brannan Harrison Goldin Thomas DiNapoli Scott Stringer Bill de Blasio Mark Levine Show more
Politics & Governance, News Article
11:00 25.03.2025
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