"Resolution Ending Engagement With Elon Musk-Controlled Companies and To Encourage CalPERS To Divest Stock In These Companies."
" has used his influence and corporate platforms to promote political ideologies and activities that threaten democratic norms and institutions, including campaign finance activities that raise ethical and legal concerns."
"There should be exceptions to the rule."
The City of Davis considered a resolution to end engagement with companies controlled by Elon Musk and to urge CalPERS to divest stock in those companies. The resolution asserted that Musk " has used his influence and corporate platforms to promote political ideologies and activities that threaten democratic norms and institutions, including campaign finance activities that raise ethical and legal concerns." Public commenters and councilmembers noted operational benefits from some Musk-linked services. Councilmembers amended the resolution to exclude Starlink after acknowledging its use in EMS, fire, and police communications during power outages. Some community members urged limited exceptions to the ban.
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