Looks like the Swedish courts overturned the collusion between the government and the unions: https://www.reuters.com/business/autos-transportation/tesla-sues-sweden-over-blocked-license-plates-business-daily-di-reports-2023-11-27/
The courts have ordered the Swedish governments to hand over the license plates to Tesla.
Phillip.
Um an awful lot of us in Europe really don’t like unions. In France they are a PITA. A lot of workers are cheering on Tesla here. Sweden is one of those rare countries where the government will collude with unions to destroy a private company. Many other EU countries there is more of an acrimonious relationship between government and unions.
Phillip.
Well there is a press release with scam written all over it. It has red flags everywhere.
Phillip.
We’ve been watching Tesla for a decade now and we know how closely they monitor their suppliers. This won’t have come as a surprise to them.
They do have another team they use for the same thing in Germany, which is where they have their EU Gigafactory but…
The way Musk went out of his way to emphasise that the Highland refresh was done by the Shanghai team “from start to finish” makes me feel that this is where they are going to take that competency in-house. This is complete speculation on my part and I have no evidence for it but I personally think they will announce at some point that the casting that TEI did has been brought in house in China.
Phillip.
Manufacturers with decent cars like Tesla, Kia, Hyundai and Polestar say EVs are taking off. Those with over-priced and under-powered cars like Ford, GM, VW, Audi, Mazda, etc say EVs are not taking off. Hmmm wonder what the differentiating factor could be?
Phillip.