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Nordic Tesla (TSLA) traders are pushing the Texas-based automaker to signal a collective settlement with Swedish union IF Metall.
Sixteen main Nordic traders just lately despatched a letter to Tesla, urging the corporate to resolve the battle with IF Metall. The one option to finish the battle with the Swedish union is to signal a collective settlement.
In line with Ekot, the letter to Tesla reads:
“…we’re deeply involved in regards to the present battle in Sweden and Tesla’s perspective in the direction of the correct to collective agreements.”
Nordic traders say they’d contemplate promoting TSLA shares and relinquish their half possession of the U.S.-based automaker if it doesn’t signal a collective settlement.
“Tesla should relate to the foundations, and the context, that exist the place they function and never deliver the American one over to different international locations,” commented Kiran Aziz from Norway’s largest pension firm, KLP.
The 16 large TSLA traders need to meet with the automaker’s administration to debate the potential of signing a collective settlement. They search to fulfill with Tesla in early 2024.
Thus far, solely Danish fund PensionDanmark has bought all its Tesla holdings. Different Nordic traders have put Tesla on their watchlist, observing the IF Metall’s ongoing strike in opposition to the corporate.
IF Metall’s pension fund for members, the Swedish AMF Pension nonetheless invests in Tesla. AMF is owned by LO and owns two billion kroner value of TSLA inventory. It at the moment has no plans to promote Tesla shares.
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