CEOs express fatigue over being accountable for firearm regulations

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In recent years, corporate executives have frequently taken a stand on various social and political issues. They have spoken out against discriminatory laws, advocated for abortion rights, and denounced violence. However, their silence following the recent school shooting in Nashville is striking.

Jeffrey Sonnenfeld, a renowned professor at Yale and an advocate of corporate social responsibility, explained that CEOs are feeling frustrated. While they have been actively involved in various causes, they are not the only ones who should be leading social change. CEOs want to be part of a larger movement, with civil society, clergy, students, and others joining forces.

The CEOs’ frustration does not mean that they have stopped advocating altogether. They are still actively engaged in important topics such as voting rights and sustainability. However, they are waiting for others to step up and take action as well. Social change requires collective effort, and CEOs alone cannot shoulder the responsibility.

It is important to clarify that CEOs do not control campaign contributions as widely believed. In fact, since the 2020 elections, big business has contributed significantly less to political campaigns. The misconception that CEOs hold the purse strings is completely false.

In other news, Tesla reported a modest increase in sales for the first quarter of the year. Despite price cuts on lower-priced vehicles, there was only a small rise in sales. It is worth noting that Tesla has been producing more vehicles than it has been able to deliver to customers, indicating that claims of strong demand may not be supported by the numbers.

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