Fact Check: AP7 has sold its entire stake in Tesla.

June 13, 2025•by TruthOrFake AI

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VERDICT

True

# Fact Check: "AP7 has sold its entire stake in Tesla." ## What We Know The Swedish pension fund AP7 has officially divested its entire stake in Tesl...

Fact Check: "AP7 has sold its entire stake in Tesla."

What We Know

The Swedish pension fund AP7 has officially divested its entire stake in Tesla, which was valued at approximately 13 billion kronor (around $1.36 billion) at the time of sale in late May 2023. The decision to sell was primarily based on the fund's concerns regarding "verified violations of labor rights in the United States" by Tesla, as stated by AP7's spokesperson Mikael Lindh Hok (Yahoo Finance, Teslarati). The fund has also blacklisted Tesla, indicating that it will not invest in the company again unless significant changes are made regarding labor practices (Bilyonaryo, TipRanks).

Analysis

The claim that AP7 has sold its entire stake in Tesla is corroborated by multiple reliable sources. The reports consistently highlight that the fund's decision was influenced by Tesla's labor practices, which AP7 described as insufficiently addressed despite years of dialogue and shareholder proposals (Yahoo Finance, Teslarati).

The credibility of the sources reporting this information is strong. Yahoo Finance is a well-established financial news platform, and Teslarati specializes in news related to electric vehicles, particularly Tesla. Both outlets provided consistent details regarding the divestment and the reasons behind it. Furthermore, the involvement of AP7, a significant institutional investor, lends additional weight to the claims, as institutional investors typically conduct thorough due diligence before making such decisions.

However, it is important to note that while AP7's concerns are based on verified violations of labor rights, the specifics of these violations were not detailed in the reports. This lack of detail could be seen as a limitation in fully understanding the context of AP7's decision.

Conclusion

Verdict: True
The claim that AP7 has sold its entire stake in Tesla is accurate. Multiple credible sources confirm that the Swedish pension fund divested its holdings due to verified labor rights violations by Tesla, marking a significant move in the context of corporate governance and ethical investing.

Sources

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Fact Check: AP7 has sold its entire stake in Tesla.

Fact Check: "AP7 has sold its entire stake in Tesla."

What We Know

Analysis

Conclusion

Sources

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