Tesla Hiking Pay for All US Factory Workers

Show Transcript
Moomoo News Jan 11 13:44 · 13k Views

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

Transcript

  • 00:00 Tesla
  • 00:00 never far from the news belt workers at the California plant
  • 00:04 will get pay increases across the US factories.
  • 00:07 Katie Grefeld has the details.
  • 00:09 A generous
  • 00:11 A generous boss, Katie
  • 00:13 We don't know how much of A pay increase, but all production associates, material handlers and quality inspectors at Tesla's Fremont, CA factory are getting a quote market adjustment pay increase.
  • 00:25 And with that boost, Tesla becomes the latest non union automaker to raise pay in the months since the UAW's win
  • 00:31 over the big three automakers.
  • 00:33 Now this factory in California, it employs more than 20,000 workers, and Bloomberg News has reported that employees at that plant have formed a UAW organizing committee.
  • 00:43 Tesla perhaps responding to that pressure, even though CEO Elon Musk has long been critical of the UAW and unions in general.
  • 00:51 Obviously
  • 00:52 a different tune.
  • 00:53 Today, Manison shares down about 2%.