Elon Musk, the founder and CEO of electric vehicle (EV) maker Tesla (TSLA), is furious about the company’s removal from the S&P 500 ESG (Environmental, Social, and General) Index. The S&P 500 ESG is a broad-based, market-cap-weighted index designed to measure the performance of companies meeting specific criteria on sustainability. The billionaire vented his emotions via tweets as his fury was further ignited after oil and gas company ExxonMobil (XOM) made it to the top ten best in the ESG world, while Tesla did not even make it to the list! He went on to state, “S&P Global Ratings has lost their integrity.
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