this post was submitted on 09 Dec 2023
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Sweden

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I've been following the strike and sympathy strike happening against Tesla and the similarities to what happened with Toys R Us, and I'm left wondering why the financial sector in Sweden hasn't stepped in by now?

This has spread to multiple countries now, so it's not like this is day 1 of the strike.

Do they consider themselves some sort of thermonuclear option and would rather not get involved unless necessary for some reason?

If my understanding is right, they're what forced Toys R Us to sign an agreement since they couldn't effectively do anything like payroll anymore?

It seems like the logical next step to me at this point unless I don't understand something about how the sympathy strikes work there?

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[–] [email protected] 11 points 10 months ago (1 children)

you also have the interim measures coming out of the investment sector – Danish pension fund to sell its Tesla shares (and some Swedish pension funds are sending warnings to Tesla they are considering the same) – this is also one of those measures that’s a lot harder to reverse once the strike is over (investments for a pension fund are based on long-term reliability rather than day-to-day behavior)

[–] [email protected] 5 points 10 months ago

Ya, these aren't quite what i meant, but that technically is the financial sector as I asked about.

This does ratchet up the pressure and keep the news cycle going though which is beneficial.

[–] [email protected] 9 points 10 months ago* (last edited 10 months ago) (1 children)

The unions have many tools to use, and they do not want to abuse their power and create undue pressure on society if they can potentially just make Tesla bleed. If Elon keeps on being stubborn, something will probably happen sooner or later.

[–] [email protected] 4 points 10 months ago (2 children)

So in this case undue pressure would be the employees not getting money on time vs Tesla being slowly bled right now but the employees all still being paid for their work?

[–] [email protected] 4 points 10 months ago (1 children)

The union that started the strike is paying their members that are on strike 130% of their wages after taxes to cover their wage and their benefits like pension, vacation, sick- and parental-leave etc.

[–] [email protected] 3 points 10 months ago* (last edited 10 months ago) (1 children)

Right but I think what the person replying to me meant is if the banking sector sympathy strikes and halts payroll, all non union tesla employees won't get paid on time or at all, and that isn't a step they will take lightly.

[–] [email protected] 1 points 10 months ago

Well that is a step too far I would say

[–] [email protected] 3 points 10 months ago (1 children)

I guess. I cannot speak for the unions and do not know their plans.

[–] [email protected] 2 points 10 months ago

It makes sense anyway. I appreciate the insight, thank you.