TSLA - UAW And Detroit Automakers Locked In Discussions Over EV Battery Plant Wages Unionization | Benzinga
The United Auto Workers (UAW) union and the three major Detroit automakers — General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F) and Stellantis N.V. (NYSE:STLA) — are at loggerheads concerning wage and union representation issues at upcoming electric vehicle battery factories. This dispute is influenced significantly by Tesla Inc. (NASDAQ:TSLA) and its Chinese counterparts.
What Happened: A Reuters report this week revealed UAW President Shawn Fain is pressing representatives from the three Detroit automakers to allow UAW to unionize future battery plant employees. He is also advocating for a rise in wages at their respective joint-venture battery factories, aligning them with the pay of assembly workers.
The UAW and negotiators from the Detroit Three are mulling over several options, including moving workers from UAW-affected ...