States and their retirement funds own at least $8.7 BILLION of TSLA. Or well, they did. They've lost nearly $1.5 billion of that since the start of the year! California state employees @calpers.bsky.social and teachers @wearecta.bsky.social had $3.1 BILLION together. Is your state on this list? - ThreadSky

sarangnemo.bsky.social • 10 days ago

States and their retirement funds own at least $8.7 BILLION of TSLA. Or well, they did. They've lost nearly $1.5 billion of that since the start of the year!

California state employees @calpers.bsky.social and teachers @wearecta.bsky.social had $3.1 BILLION together.

Is your state on this list?

Comments

muskisatotalpos.bsky.social•9 days ago

That's a great list. Thank you. Pressure should be applied to any public entity directly holding this stock. It's a terrible investment because it's hugely overvalued.
#TeslaTakedown

chudonew.bsky.social•9 days ago

Tesla loses $1 trillion status as shares tank

Elon Musk’s personal fortune has also taken a huge hit.

https://www.thestreet.com/video/tesla-loses-1-trillion-status-as-shares-tank

natashajconti.com•8 days ago

📌

sarangnemo.bsky.social•7 days ago

Missed a few states on my first post. Here's the complete list, and there's some work for you too #Canada, #Norway, #Sweden, #SouthKorea:
https://bsky.app/profile/sarangnemo.bsky.social/post/3ljdsr5sk2s25

sarangnemo.bsky.social•10 days ago

Many universities or their retirement funds, including @uofcalifornia.bsky.social own TSLA via mutual funds such as Vanguard's.
https://www.change.org/p/drop-tesla-stock-from-uc-investments

sarangnemo.bsky.social•10 days ago

Meanwhile, Harvard @harvard.edu thought 2024 Q4 was the right time for a new investment of $8 million in TSLA, which they've now lost about $2 million on. https://www.thecrimson.com/article/2025/2/18/13f-hmc-buy-magseven/

sarangnemo.bsky.social•10 days ago

University fund managers often resist divestment calls motivated by societal concerns, citing both a desire to stay out of politics and their fiduciary responsibility. Fair enough. Maybe. I'm not sure. 🤷 (Yet South African apartheid was clearly over the line for most funds, eventually.)

sarangnemo.bsky.social•10 days ago

But how about when a specific CEO's actions unleashes politics on *you*? When he attacks not only the ideals and core mission of your institution, but also directly threatens its overall financial health? When those actions even threaten your investment in his company, or your employee's pensions?

sarangnemo.bsky.social•10 days ago

Employees, teachers, students, alumni -- tell your universities and retirement funds to participate in the #TeslaTakedown and #divest.

Source: https://www.nasdaq.com/market-activity/stocks/tsla/institutional-holdings?page=3&rows_per_page=100

brainscraps.bsky.social•10 days ago

It seems to me that there are a lot of FEDERAL GOV EMPLOYEES (especially those recently forced out) might have some opinions about their TSP funds being invested in TSLA
https://www.tsp.gov/funds-individual/c-fund/

phaneritic.bsky.social•9 days ago

Thanks for the numbers, but as a quick point of clarification CalSTRS is administered by the Teachers Retirement Board, not the CTA union.

https://www.calstrs.com/teachers-retirement-board

edwardhasbrouck.bsky.social•9 days ago

Next CalSTRS board meetings March 11-13: https://www.calstrs.com/files/835300229/TRB+012024+Item+09.01+-+2024-2025+Board+Meeting+Calendar+-+10-23-2023.pdf

Mtgs in W. Sacto but public can comment by phone: https://www.calstrs.com/board-meetings?year=2025

Cal. teachers & retirees: Tell CalSTRS to sell its $1B money-losing Fascism-funding investment of your retirement $$ in TSLA.

#TeslaTakedown

adelaidefoxglove.bsky.social•8 days ago

I can do the dive on my own but just checking to see if anyone knows a number for calstrs.

postcards4ca.bsky.social•8 days ago

adelaidefoxglove.bsky.social•8 days ago

Ty! I wrote my letter.

sarangnemo.bsky.social•9 days ago

Right, since CalSTRS doesn't seem to be on here, I figured that CTA union members were the ones to tag for taking action.

phaneritic.bsky.social•9 days ago

Just wanted to make sure the broader public understood the clarification. Sometimes the union gets blamed for things they have no direct control over.

k-e-v-i-n-d.bsky.social•8 days ago

I just sent a message to NY State Comptroller Thomas DiNapoli to ask for the NYS Retirement Fund to divest from Tesla. You can email your own message here:

[email protected]

#TeslaTakeDown

jmbwrites.bsky.social•8 days ago

Someone ask Kathy Hochul why this is

conatonc.bsky.social•8 days ago

As a person with 13 years invested into TRS of Texas and friends and former colleagues with way more years than that, this is disturbing.

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