New York City investment chief calls on Tesla to sanction Musk unless he apologizes

FILE PHOTO: Tesla and SpaceX's CEO Elon Musk pauses during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo

NEW YORK (Reuters) - New York City Comptroller Brad Lander told Reuters on Tuesday that Tesla's board of directors should sanction CEO Elon Musk if he does not apologize for endorsing an antisemitic comment on his social media platform X.

Lander oversees about $946 million in Tesla shares for New York City public retirement funds. That amount is equivalent to a stake of roughly 0.1% in the electric-vehicle maker. Lander's remarks make him the latest Tesla shareholder to call on the EV maker to rein in Musk. Earlier, smaller investors including Nia Impact Capital and Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, raised concerns about Musk's action.