Sweden's AP7 pension fund pulls the plug: Tesla shares sold!

Sweden's AP7 pension fund pulls the plug: Tesla shares sold!

Sweden's pension fund AP7 has sold all shares in the US electric car manufacturer Tesla, sending a strong signal about corporate ethics. The fund management, which promotes sustainable investments, blacklisted Tesla after the company was repeatedly involved in controversial incidents. This decision could have far-reaching consequences for Tesla's share price, as AP7 is considered one of the most important investors in Sweden.

AP7's important step is part of a broader initiative to ensure investments reflect investors' values ​​and ethical standards. Loud Focus The measure shows that large investors are increasingly paying attention to corporate responsibility.

Impact on Tesla

The sale by AP7 could put significant pressure on Tesla shares, as consequences of such a decision often trigger a negative market reaction. Investors are closely monitoring such moves, especially given that Tesla has already faced various regulatory and ethical inquiries in the past.

In addition to Tesla's corporate policy, AP7's sale is an indication of growing concerns about environmental and social standards in corporate governance. The decision not only reflects AP7's commitment, but can also be interpreted as a warning to other companies that may face similar difficulties.

Media rights in sports

In the world of sports, however, there are also significant developments. ESPN and The Walt Disney Company have agreed to an 11-year media rights extension with the National Basketball Association (NBA) and the Women's National Basketball Association (WNBA). This agreement applies to the 2025-26 through 2035-36 NBA seasons and the 2026-2036 WNBA seasons.

How ESPN reports, ESPN remains the primary media partner of the NBA and WNBA and will have exclusive access to the NBA Finals. In addition, ESPN will offer a comprehensive package of live events, including the annual WNBA All-Star Game and the WNBA Draft.

The deal also includes comprehensive rights to the NBA Playoffs and will allow ESPN to stream international NBA and WNBA games on digital platforms such as Disney+. These are significant steps to expand the reach and visibility of these leagues in the coming years.

The partnership between ESPN and the NBA has existed since the 2002-03 season and has evolved through various broadcast formats. This ongoing collaboration and current contracts show that interest in basketball remains high in the future and that it plays a central role for ESPN and Disney in marketing the sport.