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Tesla’s showdown with trade unions across the Nordic region is threatening to spill over to the financial markets after a group of pension funds and asset managers sent a letter to Elon Musk urging him to change course.
It's usually stricter emissions regulations that lead to the demise of a car in the European Union. However, that's not the reason why the gas Macan is about to get the proverbial axe. The SUV is unable to meet upcoming cybersecurity regulations, so Porsche has no other decision but to pull the plug on its smallest crossover.
Elon Musk's Scandinavian union headache keeps getting worse.
An electric-car owner in Denmark has found out the hard way that a do-it-yourself solution to extend a battery-powered vehicle’s range can have drastic – and potentially fatal – consequences.
STOCKHOLM, Sweden — Tesla lost a chapter in a legal battle with Sweden's postal service on Thursday as a fight with Nordic trade unions escalates, with a Finnish union joining a port blockade that will prevent the carmaker from importing its vehicles to Sweden.
COPENHAGEN — PensionDanmark, one of Denmark's largest pension funds, said on Wednesday it had decided to sell its holdings in Tesla over the U.S. auto company's refusal to enter into agreements with labour unions.
The port of Malmo, Sweden, where dockworkers are blocking the transit of Tesla cars. (Getty Images)
Tesla is embroiled in a growing battle with unions in Europe after the wave of strikes impacting the company in Sweden spread to Denmark.