‘The Public Is Being Lied To’: Elon Musk Says BlackRock “Inflicted” ESG on Americans (msn.com)
If you've wondered why certain companies seem to be veering left this shows why. Companies all need capital to run on. Firms like BlackRock are huge lenders and financial folks. What Musk is saying is these corps are being forced left in order to obtain funding thru their ESG analytics, something that Texas is trying to outlaw.
Many of us have investments/advisors and may not know that that's what's happening. And it's not always what an investor is trying to achieve. Most are looking for best returns not ok returns coated in moral social, eco feelings.
If you've wondered why certain companies seem to be veering left this shows why. Companies all need capital to run on. Firms like BlackRock are huge lenders and financial folks. What Musk is saying is these corps are being forced left in order to obtain funding thru their ESG analytics, something that Texas is trying to outlaw.
Many of us have investments/advisors and may not know that that's what's happening. And it's not always what an investor is trying to achieve. Most are looking for best returns not ok returns coated in moral social, eco feelings.
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