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Elon Musk’s $41 billion wipeout is coinciding with a revolution in Detroit: Union workers are winning and EVs are losing
Success
Elon Musk’s $41 billion wipeout is coinciding with a revolution in Detroit: Union workers are winning and EVs are losing
By Chloe BergerOctober 30, 2023
UAW worker
Success
GM and UAW reach a tentative deal on a union contract that boosts pay more than 30%
By Tom Krisher and The Associated PressOctober 30, 2023
GM and Stellantis are nearing a tentative contract with autoworkers and ending a costly six-week strike after agreeing to a 25% pay hike
Leadership
GM and Stellantis are nearing a tentative contract with autoworkers and ending a costly six-week strike after agreeing to a 25% pay hike
By David Welch, Gabrielle Coppola and BloombergOctober 27, 2023
Hertz CEO Stephen Scherr
Companies
Hertz helped turn Tesla into a $1 trillion megacap stock. Now it’s become collateral damage in Elon Musk’s price wars
By Christiaan HetznerOctober 27, 2023
Shawn Fain
Success
GM, Stellantis meet with UAW to strike a deal modeled on the Ford agreement
By Tom Krisher and The Associated PressOctober 26, 2023
Harald Wilhelm
Leadership
Mercedes exec says EV market is a ‘pretty brutal space’ because price wars and high interest rates are making it an unsustainable business 
By Paige HagyOctober 26, 2023
Akio Toyoda
Leadership
Elon Musk just lost $28 billion as Tesla took a beating. Now Toyota says ‘people are waking up to reality’ that EV adoption will be an uphill battle
By Paige HagyOctober 25, 2023
Shawn Fain
Success
Ford appears close to a deal with UAW that could serve as the standard that ends the Detroit auto strike, sources say
By Tom Krisher and The Associated PressOctober 25, 2023
Tesla CEO Elon Musk and his Cybertruck EV during the concept's unveiling in November 2019.
Companies
Tesla dashes hopes for affordable Cybertruck amid Elon Musk’s big affordability push
By Christiaan HetznerOctober 25, 2023
Bernie Sanders on the UAW picket line with his fist raised in a sign of solidarity
Success
‘Billionaires shouldn’t exist’: Shawn Fain is leading the auto strike crippling Detroit as if he were Bernie Sanders
By Paige HagyOctober 24, 2023
General Motors
Success
The same day GM posted a $3 billion quarterly profit, 5,000 more workers walked off the job
By Tom Krisher and The Associated PressOctober 24, 2023
Elon Musk
Tech
Elon Musk’s Tesla is getting subpoenas from the Justice Department, it says
By Tom Krisher and The Associated PressOctober 24, 2023
Shawn Fain
Success
Detroit’s striking auto workers took an $800 million chunk out of General Motors, CFO says—and $200 million a week next year
By Tom Krisher and The Associated PressOctober 24, 2023
Tesla CEO Elon Musk
Companies
Elon Musk’s Tesla subpoenaed over its FSD self-driving feature, admitting there is ‘the possibility of a material adverse impact on our business’
By Christiaan HetznerOctober 23, 2023
Shawn Fain raises a fist in a sign of solidarity at a rally
Success
With auto workers’ strike in its 5th week, some academics say UAW president’s ‘audacious’ demands have gone too far
By Tom Krisher and The Associated PressOctober 23, 2023
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