Tesla Boosts Wages For German Factory Workers Amid Union Pressures

Tesla Inc. (NASDAQ:TSLA) is raising salaries for its factory workers in Germany in response to an ongoing unionization effort, a move that precedes potential similar actions in the U.S.

Tesla's management in Germany announced a package of wage increases for workers last week during CEO Elon Musk's visit to the Berlin Gigafactory, reported The Wall Street Journal. Musk also assured that the facility would manufacture its next-generation vehicle.

The company has been facing pressure from Germany's influential IG Metall union, which seeks to unionize the plant and have Tesla agree to a union contract. Concurrently, a smaller industrial union representing Tesla service workers in Sweden has gone on strike and is scheduled to meet with the company on Monday to negotiate a collective bargaining contract.

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These developments occur as the United Auto Workers union in the US sets its sights on Tesla's factories, hoping to attract nonunionized workers to its ranks. Unionizing Tesla's ...

Full story available on Benzinga.com


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