"There are millions of Tesla shareholders, including retirees whose savings are tied up in pension and retirement plans that hold Tesla stocks - and not surprisingly, they have questions. They have watched as their shares have plunged in value this year, while Musk prioritized his political agenda at the expense of the company. Tesla's board of directors, meanwhile, have stood idly by." - U.S. News

"As somebody who keeps an eye on the returns of our retirement portíolio and our investments, l am always looking to make sure that our retirees and their hard-earned retirement dollars are invested wisely and with companies governed by boards we can trust and who are engaged in responsible business practices." - Forbes

"Musk's behavior continues to threaten the future of Tesla. As long as Tesla is identified with Elon Musk and he continues to be a polarizing figure, he will continue to damage the brand, which is a huge part of Tesla's value...[The company's board] is not doing its job to ensure that there is a CEO at Tesla who is putting the company's interests first." - CNBC

Friend,

As Comptroller, I also serve as Vice Chair of Maryland’s state pension board that oversees our $70 billion retirement fund for more than 420,000 public employees and retirees. The board sets the policies that guide how that money is invested and managed.

That’s why I’ve been speaking out about Tesla’s Board of Directors and their failure to hold Elon Musk accountable.

Here’s why: Marylanders deserve better than reckless leadership putting our investments — and our future — at risk.

Tesla is facing a crisis. The company needs full-time leadership focused on solving problems and protecting long-term value. Instead, we’re watching a CEO distracted by political fights and personal agendas, while the company’s stock price plummets and its board does nothing.

This is about more than one company. It’s about standing up for Maryland workers whose retirement security depends on strong, responsible governance.

If you believe Maryland needs leaders who speak out and show up — not just when it’s easy, but when it counts — chip in $10 or more today to support our work.

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We can’t afford silence when public dollars and public trust are on the line.

Thank you for standing with me,

Brooke Lierman

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Authorized by Brooke Lierman for Maryland; Chairman, Alvin Lee; Treasurer, Candace Dodson-Reed.

Brooke Lierman for Maryland
PO Box 891
Baltimore, MD 21203
United States

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