CalSTRS pension board meeting - Divest from Tesla!

Start: Thursday, July 23, 202609:00 AM

End: Thursday, July 23, 202610:30 AM

Location: Westin Hotel, SFO Airport 1 Old Bayshore Hwy., Millbrae, CA 94030 US

Divest from Tesla!

The CalSTRS board will be meeting on Tuesday-Thursday, July 21-July 23. There are public comment periods on each of the 3 days: sometime after 12:45 pm Tuesday, July 21, and at 9 am on Wednesday and Thursday mornings, July 22 and 23.

If you can only be there on one day, try to come on Thursday, July 23rd, at 9 am.


California's public employee pension funds, CalSTRS and CalPERS, reported substantially more than $2 billion in holdings of Tesla stock combined as of their most recent reports.

Tesla’s financial instability, erratic leadership, and political volatility make continued investment increasingly risky.

As stewards of public retirement funds, CalSTRS and CalPERS also carry a moral responsibility to uphold the values of public service and democracy. Investing in a company that undermines labor rights and civil freedoms directly contradicts the mission of the public institutions we serve. Divesting from Tesla is both a financial imperative and a principled stand for the future we’re working so hard to build.

Tell CalSTRS to sell TSLA, all of it, now!

Most CalSTRS board meetings are in Sacramento, so this "offsite" meeting near SFO is a rare chance for people form the Bay Area to be heard in person. It's about a 15 minute walk to the Westin Hotel where CalSTRS is meeting from the Millbrae BART/Caltrain station.

Anyone can attend, observe, and speak during the public comment periods. Every California taxpayer has a stake in the solvency of CalSTRS. Public comments are the last item on the agenda each day, so be prepared for a long, boring wait! We'll have talking point and statements you can read on behalf of CalSTRS members from throughout the state who cant be there in person, if you aren't sure what to say.

(CalSTRS meetings at their headquarters in W. Sacramento are livestreamed and take comments by phone, but not this "offsite" meeting.)