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Elon Musk predicts bankruptcy of American automakers

Tesla boss Elon Musk spoke about the strike affecting the automobile sector in the United States. According to him, acceding to the unions’ demands would amount to leading manufacturers to bankruptcy.

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Everyone definitely has an opinion on the strike which has paralyzed the American automobile sector for almost 15 days. As a reminder, it affects the three major manufacturers in the country: Ford, Stellantis And General Motors. At the origin of the movement, the demands of unionized workers. They ask, among other things, for salary increase of 40% over 4 yearsthe transition to a 32 hour work week and overall theimprovement of their working conditions.

THE United States President Joe Biden showed strong support for the strikers since he himself participated in a strike picket. Quite the opposite of Donald Trump who believes that the switch to electric cars will in any case eliminate the jobs of demonstrators. And now a figure in the sector gives his opinion on the situation: Elon Muskboss of You’re here. He does not support the strike, but not for the same reasons as Trump.

Elon Musk believes union demands will drive US automakers into bankruptcy

Elon Musk’s point of view is contained in a post on X (Twitter), speaking of the strikers: “They want a 40% pay increase *and* a 32-hour work week. Best way to drive [General Motors], Ford and Chrysler going bankrupt in no time”. It is therefore not so much the transition to electric that would lead manufacturers to bankruptcy as the demands of the workers themselves.

Also read – Volkswagen stops production of the ID. 3 at the historic factory in Dresden

Elon Musk spoke to them in Belleville, Michigan. According to him, if the three companies affected by the strike “are doing well at the moment”, their employees should also be “doing well”. The latter of course do not agree with the vision of the Tesla boss. According to the latest information from the American media, the strike could extend to General Motors and Ford, while discussions are progressing better with Stellantis.

Source : Clean Automotive

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