Tesla removed from S&P 500 ESG Index, prompting Musk fury

By Ross Kerber and Hyunjoo Jin

Technology
Wednesday, 18 May 2022
11:24 PM MYT

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FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo/File Photo

(Reuters) -S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed S&P 500 ESG Index, citing issues, including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday.

The back-and-forth underscores the widening debate about the metrics used to judge corporate performance on environmental, social and governance (ESG) issues, a growing area of investing.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
SAPNRG	0.040	0.050	0.040	0.045	0.005	12.50	1,740,426
BORNOIL	0.005	0.010	0.005	0.010	0.000	0.00	1,608,129
HSI-CWCF	0.075	0.080	0.060	0.065	0.000	0.00	1,568,406
SALIRAN	0.275	0.275	0.200	0.210	-0.060	-22.22	1,343,782
HSI-PWD4	0.130	0.145	0.125	0.140	0.000	0.00	935,956
HSI-PWD2	0.095	0.105	0.085	0.100	-0.005	-4.76	904,762
NATGATE	1.210	1.370	1.200	1.310	0.140	11.97	803,062
TAWIN	0.030	0.040	0.030	0.035	0.005	16.67	802,919
NEXG	0.255	0.265	0.250	0.255	0.000	0.00	537,117
HSI-CWCD	0.115	0.115	0.075	0.080	-0.005	-5.88	461,328
CIMB	7.010	7.320	6.950	7.250	0.250	3.57	435,663
MYEG	0.910	0.940	0.910	0.925	0.020	2.21	419,511
GAMUDA	3.820	3.950	3.820	3.900	0.130	3.45	394,802
HSI-PWDN	0.050	0.060	0.050	0.060	0.000	0.00	320,585
HSI-CWCY	0.230	0.235	0.205	0.215	0.005	2.38	301,990

Tesla removed from S&P 500 ESG Index, prompting Musk fury