Elon Musk versus the Woke Cartel

(Mises Wire) Many criticisms have been leveled against Elon Musk—that he’s part of the elite, that Tesla has been the beneficiary of government handouts and exemptions, that his transhumanist Neuralink is a brain-data-mining operation. Yet his planned purchase of Twitter, his supposed free-speech absolutism, and his subsequent renunciation of the Democratic Party as “the party of hate” have put Musk squarely in the crosshairs of the woke cartel.

Vitriolic Twitter storms, a New York Times-Financial Times biographical exposé, a slew of hit pieces and scaremongering segments in the legacy media, and allegations of sexual harassment have dogged the automobile magnate ever since his Twitter bid. In response, Musk announced on Twitter that he’s assembling a legal crew to sue defamers and defend Tesla (and likely himself) against lawsuits.

But the best indication that the woke cartel has really gone berserk is its removal of Tesla from the S&P 500’s ESG (Environmental, Social, and Governance) Index. This last rebuff proves that “ESG is a scam.”

I’ve argued that the ESG is a means for dividing the woke wheat from the unwoke chaff to assemble a woke monopolistic cartel, but this exclusion is especially hypocritical and ludicrous. Tesla has produced more electric vehicles than any other manufacturer, yet Exxon Mobil and JP Morgan Chase rank among the S&P 500’s top ESG performers after a recent rebalancing. JP Morgan is the world’s largest investor in oil producers and ExxonMobil ranks first among them.

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