In an interview, Elon Musk shared sharp criticism of environmental, social, and corporate governance (ESG) principles, characterizing them as a reframe of on old communist ideas.
By Daily Wire News • Jul 31, 2023
Elon Musk slammed environmental, social, and corporate governance (ESG) during an interview late last week, saying it was effectively a “rebranded” form of communism.
Musk made the remarks during a Friday discussion on an X Space while discussing corporations investing in implementing the woke agenda into their firms.
“We don’t basically do some sort of like bizarre, like communism rebranded thing, which is like a lot of what ESG is and to be inflicted upon corporate America without the knowledge of the actual shareholders, which is what’s going on!” Musk said.
“The big firms that you hear are BlackRock, you know, Vanguard, all them, they’re like, they’re setting themselves up for the biggest class action lawsuit in the history of class action lawsuits by an order of magnitude!” he added.
Musk has repeatedly slammed ESG over the last few years, going as far as to call it the “devil.”