FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Elon Musk blasts ESG after DWS office raids over greenwashing allegations

The Tesla boss tweeted in response to raids on Deutsche Bank and DWS over greenwashing allegations

By Penny Sukhraj
Elon Musk previously called ESG ‘a scam’ that had been ‘weaponised by phoney social justice warriors’ after Tesla was kicked off the S&P ESG Index
Elon Musk previously called ESG ‘a scam’ that had been ‘weaponised by phoney social justice warriors’ after Tesla was kicked off the S&P ESG Index Photo: Getty Images

Tesla chief executive Elon Musk slammed the ESG industry again following a raid on asset manager DWS’ Frankfurt offices over greenwashing allegations.

“I have yet to see an ESG list that *isn’t* fraudulent”, Musk tweeted on 1 June.

WSJ Logo
GQG Launches Buyback After Stock Tumbles on Adani Probe

GQG Launches Buyback After Stock Tumbles on Adani Probe

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade