In a first, a pension fund has voted to block new investments in Tesla: ‘Musk has destroyed the brand’

• A U.S. pension fund has taken measures to pause new buying in Tesla stock because of the risks posed by the carmaker’s CEO Elon Musk and the lagging financial performance at the company. Lehigh County Controller Mark Pinsley said the fiduciary oversight duties of the pension board required them to clearly understand the risks of further investing retirees’ assets in the Tesla without more information. 

Pennsylvania’s Lehigh County Pension Board, which oversees retirement assets valued at about $593 million...