finance.yahoo.com

Tesla Ends Sweden’s Longest Strike by Buying Out Remaining Workers

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Sig2.80Sen-2.20Env0.00Soc-3.80Gov-1.70

Sweden’s Tesla mechanics strike has lasted 1,021 days, involving about 130 workers across seven workshops that service cars. The walkout began Oct. 27, 2023 over demands tied to the collective agreement. Tesla defended its labor model for nearly three years even as revenue rose 26% and operating margin dropped to 1.4% amid higher expenses.

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