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Welcome to Dump Tesla!
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We are trying to alert public employees whether their employee pension funds have been invested in Tesla, and what they can do to push their state to divest their holdings.
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WE NEED YOUR HELP!
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Step 1. Pick a Public Employee Pension Fund
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Step 2. DuckDuckGo Them!
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Step 3. Add the URL of the website to the "Pension Website" Column
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Step 4. Try to find the latest Q4 2024 "Financial Report" that explains their investment (look for "Investements" or "Reports").
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Step 5. Add the URL of the Financial Report to the "Latest Report" Column
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Step 6. Add the Phone Number and Email Address of the Investment Board for the fund.
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EXTRA CREDIT
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Step 6. Google the State Treasurer's office
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Step 7. Add the Email Address and Phone # of the State Treasurer
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Is your Public Pension listed?
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Email and call your public pension & state treasurer to tell them to Dump Tesla! A simple script can be found below:
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Dear <PUBLIC PENSION FUND>,

I am very concerned about my retirement funds being invested in Tesla, Inc., and I am urging you to divest completely from Tesla.

It is critical to divest from this company, given the shifting public sentiment. The Tesla bubble is popping, as the stock is down over 40% so far this year. While a typical company's Price-to-Earnings (P/E) ratio tends to be between 7 (including Ford and other automakers) and 30 (including tech giants Google and Microsoft), Tesla is trading at over 300 P/E ratio. Tesla is trading not based on the current value, but based on fantasy of what it might be worth in the future. Tesla sales are already down over 40% in Europe, and are falling here in the US as well.

My retirement funds should not be exposed to the major downside of Tesla correcting to a "normal" PE ratio, which would mean the stock would be trading well below 10% of its current value.

Please divest my retirement funds from Tesla.
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