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A Union Takes on Musk via Tesla’s Stock

A union takes on Tesla over its stock price: The American Federation of Teachers is applying pressure on some of the largest investors in Tesla, calling on them to review the company’s current valuation. The union’s leader, Randi Weingarten, is writing to the CEOs of six asset managers, including Larry Fink of BlackRock, Abigail Johnson of Fidelity, and others, to ask them to safeguard workers’ retirements by reviewing Tesla’s valuation.

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