In the letter, Dr. Fleming and the State Financial Officers Foundation (SFOF) members emphasized the severe impact these attacks have on public safety, private property rights, and the financial security of millions of Americans.
Dr. Fleming emphasized that in addition to causing substantial harm to private property, the increasing violence against Tesla has directly impacted state pension funds, which provide funding for law enforcement, public school instructors, and first responders.
“The financial security of our public employees, including teachers and law enforcement, should never be jeopardized by politically motivated violence,” said Dr. Fleming.
Many state pension funds are invested in Tesla, an American company that, prior to the attacks, was valued at over $1.3 trillion and employed more than 125,000 workers. Unfortunately, due to unwarranted violence and other factors, Tesla’s stock value dropped 36% in the first-year quarter.
The letter also commended the swift actions taken by the U.S. Department of Justice and President Donald Trump’s administration, particularly the establishment of an FBI task force to investigate and prosecute the criminals behind these attacks.
Dr. Fleming and his SFOF colleagues urged elected officials at all levels of government to unequivocally denounce these attacks and reaffirm their commitment to preserving civil discourse in the nation. They emphasized the importance of protecting the financial interests of all Americans and ensuring that politically motivated violence does not undermine the security of retirement savings.
According to Dr. Fleming, “The financial damage caused by these attacks is severe. It is critical that we continue to act swiftly and decisively to protect the financial interests of hard-working Americans.”