Sunday, March 30, 2025
Home News Democrats cheer against Elon Musk’s Tesla as retirement funds and pensions lose billions in value

Democrats cheer against Elon Musk’s Tesla as retirement funds and pensions lose billions in value

by Abella
0 comments

Wetgevers furiously on doge leader Elon Musk have called on their voters to protest against the company of the billionaire Tesla, and their voters have lost billions.

A DailyMail.com -analysis of data from Securities and Exchange Commission (SEC) shows that slightly less than half of the country, 24 states, Tesla shares in some form owned from December 31, 2024.

These interests come in the form of pensions funded by the state, public school teacher and the pension funds of the first responder, investments of state forces and more.

The remaining states almost certainly keep Tesla shares directly or via index funds, although public disclosures of their property are not immediately available.

These states may have managed their resources externally or do not reach their investments, which are generally more than $ 100 million.

“In short, everyone nowadays has a piece of Tesla,” Dr. OJ Oleka, CEO of the State Financial Officers Foundation, at DailyMail.com. When it comes to the state's pension funds, 'practically every state' has some exposure to Tesla shares, he said.

Of the 24 states that own Tesla shares and detailed disclosures to their ownership, almost $ 4 billion in pension and pension money was deleted this year.

Nowadays, these states own a combined shares of $ 8.2 billion in Tesla on the basis of Monday's share price around $ 270.

On the last day of 2024, that was worth more than $ 12 billion.

Democrats cheer against Elon Musk’s Tesla as retirement funds and pensions lose billions in value

A demonstrator has a sign with 'sale of your stock' with an image of Musk that holds a chainsaw outside the Tesla showroom in the Meatpacking district of Manhattan on March 22

Demonstrants gather outside a Tesla dealer to protest against the current role of businessman Elon Musk in the government of US President Donald Trump

Demonstrants gather outside a Tesla dealer to protest against the current role of businessman Elon Musk in the government of US President Donald Trump

President Donald Trump is in a Tesla Model S with Tesla CEO and senior adviser of the President of the United States Elon Musk on 11 March 2025

President Donald Trump is in a Tesla Model S with Tesla CEO and senior adviser of the President of the United States Elon Musk on 11 March 2025

Delete pension wealth frustrates Oleka, who claims that the loss in savings is due to politics.

The stock price of Tesla has not fallen this year because they “made a bad decision in terms of their technology,” said the CEO, “it's politically, due to a small minority on the left for politics.”

“That is real wealth that is gone,” he continued. 'That's $ 4 billion [for] Teachers, law enforcement, firefighters, First Responders. '

While the government efforts of Donald Trump trimming worldwide trimming worldwide, and Musk has led the effort, Tesla locations are destroyed and activists have blocked customers to introduce dealers.

Tesla cars and charging stations were set on fire by arsonichters and Tesla owners find their journeys destroyed with scratches and spray paint.

But because pensions and pension funds throughout the country rely on the American manufacturer of electric vehicles to generate returns, legislators, many of whom represent people who own Tesla, call on voters to protest against the EV company.

Former Democratic Vice Presidential Hopeful and Minnesota Gov. Tim Walz recently grabbed the headlines before sharing how much joy he gets in watching Tesla Stock Platmet.

“Some of you know this, on the iPhone they have those small shares -app,” said former Democratic Vice Presidential Hopeful and Minnesota Gov. Tim Walz last week while holding Cell.

Non -geidified persons reportedly stabbed a fire in four Tesla cars in Berlin

Non -geidified persons reportedly stabbed a fire in four Tesla cars in Berlin

“I added Tesla to giving myself a small boost during the day – $ 225 and falling,” Walz continued. 'I am not a vengeful person or something, but I enjoy the fact that [Musk’s] Life becomes very, very difficult. '

In the meantime, Minnesota has 1.8 million shares of Tesla, with more than $ 486 million from Monday.

The Democrat later ran back his comments and said that his enthusiasm about Tesla's falling stock price was just a 'joke'.

Similarly, Rep. Jasmine Crockett, D-Texas, with activists last week during a 'Tesla Takedown' conference interviews and insisted on seeing them that she is being removed. '

“I will make sure I keep it short,” said Crockett in the video. “But I'm really here for very selfish reasons.”

'Starting with on March 29 it is my birthday, and the only thing I want to see happening on my birthday is that Elon is being removed.

The teacher and the pension funds of Texas and the public employee funds have more than 1.3 million shares of the company led by Musk, in total more than $ 350 million, per Tesla's stock price on Monday.

“If you actively call for the financial destruction of an American company, you harm those employees for someone else, and you harm the pensioners whose pensions are being invested in that fund, such as teachers at the public school and members of law enforcement,” Oleka told DailyMail.com of the Tesla protestes.

A member of the Seattle fire brigade inspects a burnt Tesla Cybertruck on a Tesla plot in Seattle, Monday, March 10, 2025

A member of the Seattle fire brigade inspects a burnt Tesla Cybertruck on a Tesla plot in Seattle, Monday, March 10, 2025

“Why would you want to destroy an American company financially because of politics?”

“It makes no sense,” he went on. “People who do it are domestic terrorists.”

Alabama, Alaska, Arizona, Californië, Colorado, Florida, Kentucky, Louisiana, Maryland, Michigan, Minnesota, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Utah en Wisconsin All Hold Tesla op hun evenwichtssales.

Illinois and Massachusetts are also assumed Tesla holders, although their individual investments and dollar amounts are not immediately available.

Illinois State Treasurer Michael Frerichs recently told ABC News that Tesla's Domvests 'Dipping Shares' is a real costs for people in his state, indicating that the state of the EV Maker owns.

“We are talking about firefighters, police officers, nurses who work in public,” said Frerichs about Illinoisans. “Their retirement levels are at stake.”

Massachusetts, although it does not announce any details about his investments, is also supposed to keep the importance in Tesla through his investments in the S&P500. Tesla has been in the Index Fund for years and makes up more than one percent of the entire fund.

Sen. Mark Kelly, D-Aarz., Follow several times on social media about the sale of his Tesla after he complained that he did not want to drive a car that was designed by an 'A ** hole'.

The Grand Canyon State has more than 830,000 shares of Tesla shares in its pension fund, a total of $ 225 million from Monday.

The states that have the most Tesla shares are expected to be California and New York according to the SEC data.

The Golden State has nearly 10 million shares of Tesla shares through its public employee and teachers pension funds, from Monday the shared divided $ 2.6 billion were worth a combined $ 2.6 billion.

The Empire State, on the other hand, has around 6 million shares, a total of $ 1.6 billion about teachers in New York and common pension funds.

You may also like

Leave a Comment

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites.

Buy Soledad now!

Edtior's Picks

Latest Articles

u00a92022u00a0Soledad.u00a0All Right Reserved. Designed and Developed byu00a0Penci Design.

slot resmi
sbctotosbctototata4dvisa4dvisa4dwasiat4dwasiat4dvava4dvava4dkopi4dkopi4dyes4dyes4donictotopamtototimnas4dtata4dtogel62 halte4d wasiat4d sisil4d ungutoto desa4d bahagia4d aksitoto EUROTOGEL VISA4D visa4d togel62 timnas4d neng4d timnas4d wasiat4d nmax4d papua4d wangi4d amanahtoto ak4d wifi4d sbctoto timnas4d kebaya4d RASA4D visa4d neko4d wasiat4d nasa4d amanahtoto tante4d kopi4dcermin4dBungker CorpSakka Sportweartimnas4dnmax4dmoyang4dtimnas4dhonda4dhonda4dubud4dsbctotoeurotogelsbctotototo88slotmeriah4deurotogeltata4dmeriah4dtimnas4dubud4dubud4deurotogelpower4dsortotosbctoto
eurotogel dragon4d sortoto
visa4d