Tesla removed from S&P 500 ESG index on autopilot, discrimination concerns By Reuters

© Reuters. 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

BOSTON (Reuters) – S&P Dow Jones Indices has removed electric carmaker Tesla (NASDAQ:) Inc from its widely-followed ESG Index, citing issues including racial discrimination claims against the company and its handling of a government investigation after crashes linked to its autopilot vehicles.

The changes, effective May 2, were described in May 17 blog post sent by a spokesman for the index provider on Wednesday.

Source: Investopedia