Tesla Faces Escalating Union Pressure in Nordic Region

Strikes and blockades disrupt operations as Norway's sovereign wealth fund and pension funds call for respect of labor rights.

Tesla is facing increasing pressure from labor unions in the Nordic region over its refusal to sign a collective bargaining agreement with its employees. This has led to strikes and blockades, affecting Tesla's operations in the region.
Norway's $1.5 trillion sovereign wealth fund, which is Tesla's 7th biggest shareholder, has called on the company to respect fundamental labor rights, including collective bargaining.
Several pension funds in the region have divested their holdings in Tesla due to the ongoing dispute. This includes PensionDanmark, which divested its $69 million holdings in Tesla.
Tesla lost a legal case against Sweden's postal service, PostNord, which has been refusing to deliver license plates for Tesla in solidarity with the striking workers.
Starting from December 20, Finnish and Norwegian dockworkers will join the strike and refuse to load Tesla shipments destined for Sweden.