Elon Musk Emerges Victorious in UAW Strike, Defends Higher Wages

The president of the United Auto Workers (UAW) union, Shawn Fain, criticized Tesla CEO Elon Musk, stating that workers shouldn't accept lower wages so that "greedy people like Elon Musk can build more rocket ships." The UAW is currently in negotiations with the "Big Three" automakers (Ford, General Motors, and Stellantis) and has demanded a mid-30% wage increase over the lifespan of the new contract, along with other benefits. Fain argued that automakers could double wages without raising vehicle prices and still make billions in profits. The UAW has also targeted Tesla for unionization, with industry data suggesting that Tesla employees earn less than their unionized counterparts.
- UAW boss says workers shouldn’t accept lower wages so ‘greedy people like Elon Musk can build more rocket ships’ Fortune
- Wall Street Journal's Tim Higgins explains why Elon Musk is the winner of the UAW strike CNBC Television
- Elon Musk Taunts the UAW, “Tesla Pays Workers More and We Have Fun” – MishTalk Mish Talk
- The biggest winner of the UAW strike may be Elon Musk Fortune
- Musk’s X revokes paid blue check from United Auto Workers after strike called Ars Technica
- View Full Coverage on Google News
Reading Insights
0
1
4 min
vs 5 min read
87%
807 → 107 words
Want the full story? Read the original article
Read on Fortune