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Sympathy Strike

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Tesla Faces European Strikes and Investor Backlash Over Union Dispute
business2 years ago

Tesla Faces European Strikes and Investor Backlash Over Union Dispute

Danish trade union 3F, which recently initiated a sympathy strike against Tesla over the lack of a collective agreement in Sweden, has been revealed to hold approximately $57.8 million worth of Tesla (TSLA) shares through its pension company. Despite publicly criticizing Tesla and its CEO Elon Musk, 3F seems unwilling to divest from the company. Meanwhile, Elon Musk shows no signs of compromising with the union, while sympathy strikes spread to other industries in Sweden.