TECH - Tesla Versus Swedish Union Sparks Showdown Over Collective Bargaining | Benzinga
Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Tuesday. The EV behemoth, owned by billionaire Elon Musk, reportedly faces escalated tensions as Sweden’s most prominent union backs a six-month-old strike by mechanics, amplifying disputes with organized labor, Reuters reported.
The strike centers on Musk’s refusal to sign a collective bargaining agreement, preventing the metal workers’ union from negotiating for the entire workforce.
Despite Musk’s claim that the labor conflict had subsided, IF Metall maintains the strike persists, the report added.
“The strike is ongoing and we have no signs of reaching an agreement in the near future,” IF Metall head Marie Nilsson said.
“We have had a few sittings with the Swedish management ...