An American pension fund voted for the first time to block new investment in Tesla: "Musk has ruined this brand."

An American retirement fund has taken measures to temporarily suspend the purchase of Tesla stocks, citing concerns over the risks associated with the company's CEO Elon Musk and the company's lagging financial performance. Mark Pensley, the Auditor Controller of Lehigh County, Pennsylvania, stated that the fiduciary oversight responsibilities of the retirement fund committee require them to clearly understand the risks of further investing retirees' assets in Tesla without more information.