Why Tesla was kicked out of the S&P 500's ESG index
The S&P said that Tesla's "lack of a low-carbon strategy," and "codes of business conduct" affected the company's score.
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It said that Tesla's "lack of a low-carbon strategy" and "codes of business conduct," along with racism and poor working conditions reported at Tesla's factory in Fremont, California, affected the score. Tesla's handling of an investigation by the National Highway Transportation Safety Administration also weighed on its score.
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