28-05-2025
- Business
- AU Financial Review
Investors demand Musk work a 40-hour week at Tesla
New York | London | 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 (Thursday AEST) 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 $US950 billion ($1.5 billion) in assets.
Financial Times
