California's statewide public pension funds hold billions of dollars in Tesla stock. We are beneficiaries of CalSTRS and CalPERS as well as California taxpayers who are organizing to divest our public pension funds from Tesla. Our public pensions should not be funding Musk's assault on our jobs, our state and our democracy.

Next Board meetings:

• CalPERS: Monday, March 16, 2026 (public comments to the Investment Committee in open session, approx. noon; discussion and possible decision on Tesla divestment in closed session after lunch)
  
• CalSTRS: Monday, Ma7 27-28, 2026 (agenda and public comment time to be announced)
  

We couldn't put the case for divestment from Tesla better than CalPERS board and Investment Committee member Mulissa Willette (PDF of transcript). You can watch Ms. Willette's request for a study of Tesla here, and the announcement of the directive to CalPERS staff by board Investment Committee chair David Miller here.

Tesla stock is overvalued, overly risky, inconsistent with CalPERS and CalSTRS values, and an inappropriate investment for California's public pension funds.

For more information and resources about our campaign, visit: https://wonderl.ink/@divest-tesla