As Maryland’s Comptroller, I serve as Vice Chair of the Maryland State Pension Board, overseeing our state’s $70 billion retirement fund for more than 420,000 public employees and retirees. We make the critical decisions on how this money is invested and managed.

Last week, I joined a group of state treasurers and large institutional investors demanding that Tesla schedule its overdue annual meeting to address shareholder concerns. The Maryland Pension Fund currently has $175 million invested in Tesla, and we cannot sit by as the company irresponsibly puts our investment at risk.

“It’s hard for me to imagine any other board of a major corporation allowing the kind of plummeting stock price and deleterious behavior of a CEO as this board has allowed to happen.”

- Brooke Lierman, July 9, 2025, New York Times

After months of stalling, after our efforts, Tesla has announced plans to hold this meeting on November 6, 2025.

But this is about more than just one company. It’s about protecting the interests of Marylanders whose retirement security depends on strong, responsible governance.

If you believe that we need leaders who speak up when it matters, chip in $10 or more today to help us keep fighting for responsible investment and fiscal accountability.

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We cannot afford silence when public dollars and public trust are on the line.

My best,

Brooke

(She, Her, Hers)

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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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