Tesla's Labor Dispute in Scandinavia Escalates as Boycott Spreads

Institutional investors divest from Tesla amid ongoing conflict, while German labor organizers watch closely.

Tesla is embroiled in a bitter dispute with union workers in Sweden and neighboring countries over the company's refusal to sign a collective bargaining agreement.
The conflict has escalated with workers from various sectors withholding their services in solidarity, and the boycott has spread to other Nordic countries.
Several institutional investors, including Norway's largest pension fund, have sold their stakes in Tesla due to the ongoing conflict.
Tesla CEO Elon Musk, known for his anti-union stance, has been criticized for his handling of the situation.
Labor organizers in Germany, where Tesla's first European gigafactory is located, are closely watching the situation.