'ESG Ratings Make No Sense': Elon Musk Responds to Ark Invest Analyst Who Defends Bill Gates

Published on 23 Apr 2022 on Benzinga

'ESG Ratings Make No Sense': Elon Musk Responds to Ark Invest Analyst Who Defends Bill Gates

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Saturday responded to an assertion by Ark Investment Management analyst Brett Winton, who said it was "okay" for Bill Gates to short the EV Maker's stock.

What Happened: Winton explained in a tweet that Tesla only has an "average" ESG (Environmental, Social, and Governance) rating, so as long as Gates invested in a company like Shell PLC (NYSE: SHEL), which is more highly rated, the Microsoft Corp (NASDAQ: MSFT) founder was not being a hypocrite. Musk quickly responded.

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'ESG Ratings Make No Sense': Elon Musk Responds to Ark Invest Analyst Who Defends Bill Gates

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