Nordic Tesla Investors Tell Musk: “You Must Obey The Rules”

The pressure on Elon Musk, the worlds richest man and CEO of Tesla who is refusing to reach an agreement on Collective Bargaining and union recognition with the Swedish IF Metall union, (who are being supported by other Nordic unions in the engineering, transport and postal industries) continues to ramp up as sixteen large Nordic investors in Tesla has sent a letter to the company urging Musk to reconsider his rejection of talks with IF Metall.

The investors have expressed their deep concern “about the current conflict in Sweden”, according to Kiran Aziz of Norway’s largest pension company KLP.

If Tesla does not change its mind Aziz says: “It may be appropriate to sell the shares in the company and leave the part ownership”, adding that it would be their “last resort”,

Ms Aziz also warned Tesla that it “must relate to the rules, and the context, that exist where they operate and not bring the American one over to other countries.”

The investors are seeking a meeting with Tesla management in the letter stating: “We seek a dialogue with you about your handling of the highlighted issues and would like to request a meeting in early 2024 to discuss this. This is the last opportunity we have, but we primarily want the company to meet our expectations.”

She also qualified her comments by stating she did not know if Musk was listening or would respond.

In another development, waste collection workers in Sweden who are members of the Transport Workers Union have now refused to service the company’s sites.

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