CEOs express frustration with being accountable for gun regulation.

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Corporate executives in the United States have often taken a vocal stance on various social and political issues. They have used their influence to advocate for causes such as gun control legislation, voting rights, and immigration reform. However, in the wake of the latest mass shooting at a school in Nashville, many CEOs have remained silent.

According to Yale professor Jeffrey Sonnenfeld, CEOs are not the only group capable of leading social change. He emphasizes that CEOs have joined causes with valor and nobility, but they cannot be expected to be the sole advocates for every issue. Sonnenfeld points to the need for other entities, such as civil society, student activists, and clergy members, to join in the push for social change.

Despite the recent silence on gun reform, CEOs are still actively engaged in other fronts, including voting rights and sustainability. They understand the value of social capital and public trust, but they are frustrated by the lack of participation from the rest of civil society. They cannot address every issue alone and are waiting for others to join them in their efforts.

Contrary to popular belief, CEOs do not hold complete control over campaign contribution purse strings. Since the 2020 elections, there has been a significant decrease in campaign contributions from big businesses. This dispels the misconception that CEOs solely dictate political funding.

In other news, Tesla has reported a modest 4% rise in sales during the first quarter of the year. Despite price cuts and talk of strong demand, the numbers suggest that Tesla has produced more vehicles than it has sold in the past 12 months. Tesla executive Tom Zhu attributes the increase in production to a huge demand generated by a price adjustment. He believes that as long as the company offers a valuable product at an affordable price, demand will not be an issue.