Musk fails again:
Tesla misses 4Q revenue estimates on weak auto sales. In order to make its wages competitive versus automakers like GM, Ford & Stellantis, where employees are represented by the UAW, Tesla recently rolled out pay increases for many of its hourly factory employees in the U.S.
Tesla is also facing union pressure in Sweden & across Scandinavia, & a wide-ranging array of litigation & ongoing regulatory probes-.
https://www.cnbc.com/2024/01/24/tesla-tsla-earnings-q4-2023.html
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@KimPerales So Telsa being forced to pay its workers more is seen as a failure on the part of owner Musk?
