Tesla (TSLA) Nordic traders push for collective settlement 

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 method to finish the battle with the Swedish union is to signal a collective settlement. 

In response to Ekot, the letter to Tesla reads: 

“…we’re deeply involved concerning the present battle in Sweden and Tesla’s perspective in the direction of the best to collective agreements.”

Nordic traders say they might think about 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 principles, and the context, that exist the place they function and never convey the American one over to different international locations,” commented Kiran Aziz from Norway’s largest pension firm, KLP. 

The 16 huge TSLA traders wish to meet with the automaker’s administration to debate the opportunity of signing a collective settlement. They search to satisfy 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 towards 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 present has no plans to promote Tesla shares. 

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Tesla (TSLA) Nordic traders push for collective settlement 

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